NOT LISTED FOR SALE

206 Rhea Ave Hamilton, OH 45013

Estimated Value: $237,000 - $281,000

4 Beds
4 Baths
2,100 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $220,000 $105 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,594/month

1 Day on Market

About This Home

As of August 2021

Looking for low-hassle cash flow or a place to live with rental income? Hoping to invest in an area that's in the midst of major development? This townhouse-style duplex has side-by-side two-story 2-bed 1.5-bath units with separate garages. Just across the street from the new Spooky Nook sports complex that's set to open in late 2021. Current rents below market.Get into the neighborhood before it's too late!

Last Agent to Sell the Property

William Reed

Keller Williams Seven Hills Re License #2014005325 Listed on: 07/01/2021

Keller Williams Seven Hills Re

Co-Listed By

Peter Chabris

Keller Williams Seven Hills Re License #2002018867

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,114

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 30x125

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Double Hung Windows

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,114

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Suburb: Hamilton West
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Cable TV,Individual Laundry,Smoke Alarm
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Hamilton West
  • Annual Assessment Amount: of record
  • Year Built: 2003
  • Appliance Include: stove, Refrigerator and Dishwasher
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Continue on I-71 N. Take I-275 W, I-75 N and OH-129 W to Park Ave in Hamilton Continue on Park Ave. Take N D St and Prytania Ave to Hunter Ave.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 614-491-8044
  • Semi Annual Taxes: of record
  • Water Paid: Tenant
  • Basement: None
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Double Hung
  • Two Bedroom Rent: 803.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Foundation: Slab
  • Listing Price: 200000.00
  • New Construction: No

Garage/Parking

  • Garage: Attached,Rear
  • Garage Spaces: 2.00
  • Parking Spaces: 2
  • Parking: Garage, Onstreet, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Hamilton Local SD

Lot Info

  • Lot Dimensions: 30x125
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 6, 2021
Sold by
Carlson Nathan C and Carlson Michelle R
Bought by
Johnson Robert B and Johnson Nisa K
Seller's Agent
William Reed
Keller Williams Seven Hills Re
Buyer's Agent
Scott and Jill Ferguson
Keller Williams Advisors
List Price
$200,000
Sold Price
$220,000
Premium/Discount to List
$20,000
10%
Total Days on Market
1
Current Estimated Value
$251,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,366
Avg. Annual Appreciation
3.53%
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 15, 2017
Sold by
Ward Judy Rae and Ward Judy R
Bought by
Carlson Michelle R and Carlson Nathan C
Seller's Agent
Jack Corso
Corso Realty
Buyer's Agent
Bruce Ibold
eXp Realty
List Price
$140,000
Sold Price
$130,400
Premium/Discount to List
-$9,600
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.04%
Original Mortgage
$110,840
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2003
Sold by
Brown Robert M and Brown Steven A
Bought by
Ward Judy Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,001
Interest Rate
5.91%
Mortgage Type
Unknown
Source: Public Records

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
Johnson Robert B $220,000 None Available
Carlson Michelle R $130,400 None Available
Ward Judy Rae $269,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Robert B $156,366
Closed Johnson Robert B $150,000
Previous Owner Carlson Michelle R $110,840
Previous Owner Ward Judy R $60,001
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Off Market $220,000 -- --
08/06/2021 08/06/21 Sold $220,000 +10.0% $105 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $200,000 +53.4% $95 / Sq Ft
11/13/2017 11/13/17 Off Market $130,400 -- --
08/15/2017 08/15/17 Sold $130,400 -6.9% $62 / Sq Ft
06/06/2017 06/06/17 For Sale $140,000 -- $67 / 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 $3,114 $67,740 $4,270 $63,470
2023 $3,041 $67,740 $4,270 $63,470
2022 $2,633 $48,740 $4,270 $44,470
2021 $2,299 $46,870 $4,270 $42,600
2020 $2,390 $46,870 $4,270 $42,600
2019 $2,739 $37,410 $4,270 $33,140
2018 $1,909 $37,410 $4,270 $33,140
2017 $1,924 $37,410 $4,270 $33,140
2016 $1,998 $37,100 $4,270 $32,830
2015 $1,867 $37,100 $4,270 $32,830
2014 $1,454 $37,100 $4,270 $32,830
2013 $1,454 $28,220 $4,270 $23,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1706018

MLS of Greater Cincinnati (CincyMLS)

APN: P6411-022-000-071