NOT LISTED FOR SALE

1322 Observatory Ave Cincinnati, OH 45215

Estimated Value: $127,000 - $208,955

2 Beds
1 Bath
1,320 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $62,900 $48 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,153/month

114 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Porch
  • Main Floor Bedroom
  • No HOA
  • 1-minute walk to Observatory Park

About This Home

As of May 2016

Nice 2 bedroom brick Cape Cod with large unfinished 2nd floor, ideal for 3rd bedroom or master suite. Eat in kitchen with walkout to rear yard. Hardwood floors through out. Part finished lower level with excellent potential. New Furnace and central air. Appliances stay. Great location, close to schools and park.

Last Listed By

Gary Rothenbusch

Tri-Star Real Estate License #2005004842 Listed on: 11/27/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 1948

Lot Details

  • 9,888 Sq Ft Lot
  • Lot Dimensions are 77 x 145
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Woodwork
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Solid Wood Cabinet

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,017

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Suburb: Reading
  • Cross Street: Columbia
  • Degree Complete: Completed
  • Buildings: Other
  • Land Description: Less than .5 Acre
  • Broker Approved: Yes
  • Miscellaneous: Cable,Ceiling Fan
  • Basement Sq Ft: 910
  • Census Tract Realist: 232.22
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 9888.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Reading
  • Price Per Acre: 277092.51
  • Basement Features: Part Finished,Glass Blk Wind
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Dining Room Feat: Window Treatment
  • Family Room Feat: WW Carpet
  • Living Great Rm Area: 255
  • Living Great Rm Dim: 15 x 17
  • Living Great Rm Len: 15
  • Living Great Rm Wid: 17
  • Living Room Feat: Wood Floor,Walkout
  • Single Family Desc: Single Family
  • Study Lib Den Dim: 0 x 0
  • Year Built: 1948
  • School 1 Type: District Phone
  • Architecture: Cape Cod
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Directions: Ridge to Columbia to Observatory
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2015-11-27
  • Property Subtype 1: Single Family Residence
  • Occupancy: Negotiable
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Natural Woodwork
  • Bedroom 2: 15x15 Level: 1
  • Family Room: 13x15 Level: Lower
  • Living Room: 15x17 Level: 1
  • Formal Dining Room: No
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 513-554-1800
  • Semi Annual Taxes: 508.40
  • Kitchen: 14x16 Level: 1
  • Appliances: Oven/Range, Refrigerator, Microwave, Dryer, Washer
  • Kitchen Features: Vinyl Floor,Eat-In,Wood Cabinets,Walkout,Window Treatment,Other
  • Bedroom 2 Area: 225
  • Basement: Full
  • Bathrooms: 1.00
  • Kitchen Area: 224
  • Kitchen Dim: 14 x 16
  • Levels: OneandOneHalf
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 1
  • Family Room Area: 195
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 0 x 0
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1320.00
  • Total Rooms: 5
  • Windows: Insulated, Vinyl
  • First Floor Family Room: Yes
  • PrimaryBedroomArea: 225
  • PrimaryBedroomDim: 15 x 15
  • PrimaryBedroomLen: 15
  • Primary Bathrooms: Tile Floor,Tub w/Shower
  • PrimaryBedFeat: Wood Floor,Window Treatment
  • P R I M A R Y B E D R O O M: 15x15 Level: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Porch, Corner Lot
  • Foundation: Block
  • Listing Price: 64900.00
  • Acres: 0.2270
  • New Construction: No

Garage/Parking

  • Garage Carport: None
  • Parking: Driveway, On Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Fee Frequency: Other
  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Dimensions: 77 x 145
  • Lot Size Sq Ft: 9888.00
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2015
Closed on
May 3, 2016
Sold by
John C White
Bought by
Potts James
Seller's Agent
Gary Rothenbusch
Tri-Star Real Estate
Buyer's Agent
Karen Kearns
Comey & Shepherd
List Price
$64,900
Sold Price
$62,900
Premium/Discount to List
-$2,000
-3.08%
Total Days on Market
114
Current Estimated Value
$167,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,089
Avg. Annual Appreciation
11.48%
Original Mortgage
$59,755
Interest Rate
3.66%

Purchase Details

Closed on
May 27, 2011
Sold by
Selene Rmof Reo Acquisition Llc
Bought by
White John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,555
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2011
Sold by
Kelly Ross G and Kelly Diane G
Bought by
Slene Rmof Reo Acquisition Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,555
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1999
Sold by
Jesse Hill James and Jesse Jean M
Bought by
Kelly Ross E and Kelly Diane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
7.29%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potts James -- --
White John C $57,000 Servicelink
Slene Rmof Reo Acquisition Llc $54,000 None Available
Kelly Ross E $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts James $94,500
Closed Potts James $76,100
Closed Potts James $59,755
Closed Potts James --
Previous Owner White John C $55,555
Previous Owner Kelly Ross E $27,664
Previous Owner Kelly Ross E $109,250
Previous Owner Kelly Ross E $86,400
Previous Owner Kelly Ross E $59,200
Closed Kelly Ross E $14,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Off Market $62,900 -- --
05/10/2016 05/10/16 Sold $62,900 -3.1% $48 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $64,900 0.0% $49 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
01/11/2016 01/11/16 Price Changed $64,900 -7.2% $49 / Sq Ft
11/27/2015 11/27/15 For Sale $69,900 -- $53 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,545 $49,176 $15,523 $33,653
2023 $2,583 $49,176 $15,523 $33,653
2022 $1,723 $25,407 $13,475 $11,932
2021 $1,408 $24,878 $13,475 $11,403
2020 $1,423 $24,878 $13,475 $11,403
2019 $1,379 $22,016 $11,925 $10,091
2018 $1,380 $22,016 $11,925 $10,091
2017 $1,301 $22,016 $11,925 $10,091
2016 $1,152 $19,552 $11,687 $7,865
2015 $1,162 $19,552 $11,687 $7,865
2014 $1,017 $19,552 $11,687 $7,865
2013 $1,031 $19,951 $11,925 $8,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1474456

MLS of Greater Cincinnati (CincyMLS)

APN: 671-0014-0052