NOT LISTED FOR SALE

1498 W Spring Valley Paintersville Rd Spring Valley, OH 45370

-- Bed
-- Bath
16,735 Sq Ft
3.09 Acres

Last Sold November 17, 2020

Last sale price $615,000 $37 Per Sq Ft

40 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Coin Laundry

About This Home

As of November 2020

We are pleased to present the fully remodeled Schoolhouse Apartments! This property consists of [12] 1BA/1BR & [4] Studio apartments. The landlord pays for electric, heat, water, and cable for all tenants. Over $132,000 in capital improvements have been spent on the property! New Roof, Updated Units, Updated Common Area, etc. VALUE ADD!

Last Agent to Sell the Property

Brian Coyle

3CRE Advisors, LLC License #2018002440 Listed on: 07/26/2020

Co-Listed By

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683

3CRE Residential Advisors, LLC

Last Buyer's Agent

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683

3CRE Residential Advisors, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1953

Lot Details

  • 3.09

Parking

  • 45 Open Parking Spaces
  • 45 Car Garage

Home Design

  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 16,735 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Septic Tank
  • Cable TV Available

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $2,447
  • Maintenance Expense $5,600
  • Other Expense $15,105
  • Water Sewer Expense $7,270
  • Gross Income $107,954
  • Net Operating Income $56,034

Property Details

Home Type

Condominium

Year Built

Built in 1953

Lot Details

0

Parking

45

Listing Details

  • Suburb: Greene Co.
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry, Cable TV
  • Cooling: Central Air
  • Heating: Gas, Electric
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Greene Co.
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 198771.82
  • Year Built: 1953
  • Appliance Include: Stove & Refrigerator
  • Separate Air Condi: No
  • Separate Gas Elect: No
  • School 1 Type: District Phone
  • Directions: Take I-71 N to Exit 28, merge onto OH-48 N. Continue onto OH-48 BYP W. Turn [R] onto US-42 N. Turn [R] onto W Spring Valley Paintersville Rd.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 16
  • Property Subtype 1: Apartment
  • Street Direction: W
  • StructureType: Apartment 5+
  • Occupancy: At Closing
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 56034.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Common Facilities: Rec Room
  • Efficiency Sq Ft: 450
  • Gasand Electric: 11979
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 937-376-2961
  • Semi Annual Taxes: Of Record
  • Waste Removal: 921
  • Water Paid: Owner
  • Basement: Full
  • Levels: One
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 16735.00
  • Windows: Insulated, Vinyl
  • One Bedroom Rent: 567.00
  • One Bedroom Sq Ft: 550
  • One Bedroom Number of Units: 12

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 700000.00
  • Acres: 3.0940
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 45.00
  • Parking Spaces: 45
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Septic Tank
  • Water Source: Public
  • Water and Sewer: 7270

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 5600.00

Fee Information

  • Taxes: 8598

Schools

  • District: Xenia City SD

Lot Info

  • Lot Dimensions: Of Record
  • Lot Size Sq Ft: 134775.00

Multi Family

  • Efficiency Rent: 455.00
  • Efficiency Units: 4
  • Gross Income: 107954.00
  • Other Expense: 15105
  • Total Buildings: 1
  • Insurance: 2447.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Off Market $615,000 -- --
11/17/2020 11/17/20 Sold $615,000 -12.1% $37 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $700,000 +100.0% $42 / Sq Ft
11/26/2019 11/26/19 Off Market $350,000 -- --
08/23/2019 08/23/19 Sold $350,000 -20.5% $21 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
05/12/2019 05/12/19 For Sale $440,000 0.0% $26 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $440,000 -- $26 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Coyle

    3CRE Advisors, LLC

  • Tryfon Christoforou

    Seller Co-Listing Agent in 2020

    Tryfon Christoforou

    3CRE Residential Advisors, LLC

    (513) 600-6168

    43 Total Sales

    Tryfon Christoforou
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1670297

MLS of Greater Cincinnati (CincyMLS)

Ohio Greene County Spring Valley 45370

1498 W Spring Valley Paintersville Rd, Spring Valley, OH

This home is located at 1498 W Spring Valley Paintersville Rd, Spring Valley, OH 45370 since 26 July 2020. This property was built in 1953. 1498 W Spring Valley Paintersville Rd is a home located in Greene County with nearby schools including Xenia High School.

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