NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
6,490 Sq Ft Lot

Sale Details

Date Sold: March 31, 2023

Last sale price $250,000

7 Days on Market

About This Home

As of March 2023

Price Cut !! Absolute Gem investment property in great area , fully occupied , all units are 1 bed 1 bath ,rents are unit1:$900,unit3:$900,unit2:$700,unit4:$700 , 2 tenants M2M and two are long term yearly lease. Regular upgrades to units, exterior and also foundation. .Seller/Broker

Last Agent to Sell the Property

Raj Garu

Fortune Vine Realty License #2020005665 Listed on: 02/21/2023

Last Buyer's Agent

Christy Colglazier

Huff Realty License #0000412481

Huff Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 50x126

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Parking

  • 4 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Water Sewer Expense $4,500
  • Gross Income $38,400
  • Net Operating Income $30,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

6,490 Sq Ft Lot

Listing Details

  • Suburb: Reading
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 232.01
  • Cooling: None
  • Heating: Gas
  • Lot Area Realist: 6490.00
  • Suburb S I C: Reading
  • Price Per Acre: 1677852.35
  • Year Built: 1946
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Galbraith Rd To North On Reading To Lt On Clark
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 30900.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 3000
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-554-1800
  • Semi Annual Taxes: Of Record
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Insulated
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 245000.00
  • Acres: 0.1490
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 4
  • Parking: Onstreet, Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 4500

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Dimensions: 50x126
  • Lot Size Sq Ft: 6490.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 38400.00
  • Total Buildings: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Bought by

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 31, 2023
Sold by
Bought by
Seller's Agent
Raj Garu
Fortune Vine Realty
Buyer's Agent
Christy Colglazier
Huff Realty
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Views
503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2022
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
8.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
7.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.02%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$250,000 None Listed On Document
$165,000 Fingerman Debra M
-- Prominent Title
$35,000 Resource Title Of Cincinnati
$145,000 Precision Land Title
$129,000 --
$110,000 --
$98,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $245,471
Previous Owner $77,000
Previous Owner $68,000
Previous Owner --
Previous Owner $137,750
Previous Owner $116,100
Previous Owner $88,000
Previous Owner $141,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Off Market $250,000 -- --
03/31/2023 03/31/23 Sold $250,000 +2.0% --
03/01/2023 03/01/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $245,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,493 $53,781 $9,240 $44,541
2024 $4,483 $53,781 $9,240 $44,541
2023 $4,440 $53,781 $9,240 $44,541
2022 $4,481 $46,722 $8,904 $37,818
2021 $3,998 $46,722 $8,904 $37,818
2020 $3,997 $46,722 $8,904 $37,818
2019 $4,023 $44,076 $8,400 $35,676
2018 $4,038 $44,076 $8,400 $35,676
2017 $3,915 $44,076 $8,400 $35,676
2016 $980 $11,270 $7,728 $3,542
2015 $983 $11,270 $7,728 $3,542
2014 $895 $11,270 $7,728 $3,542
2013 $958 $12,250 $8,400 $3,850
Source: Public Records

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1764707

MLS of Greater Cincinnati (CincyMLS)
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