NOT LISTED FOR SALE

1500 Forest Ave Middletown, OH 45044

Oakland Neighborhood

Estimated Value: $86,000 - $182,000

3 Beds
3 Baths
2,946 Sq Ft
$42/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $67,500 $23 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $825/month

92 Days on Market

About This Home

As of March 2017

New carpet & paint throughout, well maintained 3 story, all brick, currently set up as triplex with cap rate 16.9%. Could be operated as a duplex or tri-plex.

Last Agent to Sell the Property

Scott Martin

Coldwell Banker Heritage License #2008002002 Listed on: 12/06/2016

Last Buyer's Agent

Scott Martin

Coldwell Banker Heritage License #2008002002 Listed on: 12/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,857

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 49x125

Home Design

  • Triplex
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,946 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,857

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Suburb: Middletown South
  • Cross Street: Baltimore
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Basement Sq Ft: 572
  • Census Tract Realist: 144.00
  • Cooling: Central Air, Window Unit
  • Heating: Gas, Electric
  • Lot Area Realist: 6125.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Middletown South
  • Annual Assessment Amount: Of Record
  • Year Built: 1899
  • Appliance Include: Negotiable
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: From Main St., take First Ave. to corner of First & Baltimore.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-423-0781
  • Semi Annual Taxes: 928.73
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 2946.00
  • Windows: Wood
  • One Bedroom Rent: 400.00
  • One Bedroom Number of Units: 1
  • Two Bedroom Rent: 525.00
  • Two Bedroom Units: 1
  • Three+ Bedroom Rent: 575.00
  • Three+ Bedroom Units: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Stone
  • Listing Price: 80000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 6
  • Parking: Lot, Onstreet

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Middletown City SD

Lot Info

  • Lot Dimensions: 49x125

Multi Family

  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Karma Investment Properties Llc
Bought by
Alexander Middletown Llc
Current Estimated Value
$123,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,658,031
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Tracy Dan W and Tracy Ruthann
Bought by
Merg Properties Llc

Purchase Details

Closed on
Feb 6, 2004
Sold by
Alaska Seaboard Partners Lp
Bought by
Tracy Dan W and Tracy Ruthann

Purchase Details

Closed on
Nov 3, 2003
Sold by
Gillen Steven Paul
Bought by
Mortgage Electronic Registration Systems and Alaska Seaboard Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,820
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 1996
Sold by
Gilmore Michael D
Bought by
Gillen Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996
Sold by
Martin Realty Inc
Bought by
Gilmore Michael D and Gilmore Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,495
Interest Rate
7.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1996
Sold by
Terry Betty J
Bought by
Martin Realty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,495
Interest Rate
7.86%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Alexander Middletown Llc $934,955 Cesta Joseph A
Merg Properties Llc -- None Available
Tracy Dan W $29,500 --
Mortgage Electronic Registration Systems $46,000 --
Gillen Steven P $33,500 --
Gilmore Michael D $16,495 --
Martin Realty Inc $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexander Middletown Llc $3,658,031
Previous Owner Alaska Seaboard Partners Ltd Prtnrshp $24,820
Previous Owner Gillen Steven Paul $51,660
Previous Owner Gillen Steven P $28,500
Previous Owner Gilmore Michael D $16,495
Previous Owner Martin Realty Inc $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Off Market $67,500 -- --
03/30/2017 03/30/17 Sold $67,500 -15.6% $23 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $80,000 -- $27 / 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 $1,731 $21,580 $2,260 $19,320
2023 $1,692 $21,580 $2,260 $19,320
2022 $957 $16,050 $2,260 $13,790
2021 $921 $16,050 $2,260 $13,790
2020 $959 $16,050 $2,260 $13,790
2019 $609 $8,400 $2,200 $6,200
2018 $544 $8,400 $2,200 $6,200
2017 $545 $8,400 $2,200 $6,200
2016 $569 $8,400 $2,200 $6,200
2015 $561 $8,400 $2,200 $6,200
2014 $667 $11,550 $3,020 $8,530
2013 $667 $10,850 $3,760 $7,090
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Scott Martin

    Coldwell Banker Heritage

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1519513

MLS of Greater Cincinnati (CincyMLS)

APN: Q6542-030-000-127

Ohio Butler County Middletown 45044 Oakland

1500 Forest Ave, Middletown, OH

This home is located at 1500 Forest Ave, Middletown, OH 45044 since 06 December 2016 and is currently estimated at $123,407, approximately $41 per square foot. This property was built in 1899. 1500 Forest Ave is a home located in Butler County with nearby schools including Rosa Parks Elementary School, Highview 6th Grade Center, and Middletown Middle School.

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