NOT LISTED FOR SALE

2220 Park Ave Cincinnati, OH 45206

Walnut Hills Neighborhood
Studio
-- Bath
3,713 Sq Ft
4,138 Sq Ft Lot

Sale Details

Date Sold: June 30, 2022

Last sale price $450,000 $121 Per Sq Ft

20 Days on Market

Highlights

  • Deck
  • Forced Air Heating System
  • 5-minute walk to Twin Lakes
  • Walnut Hills High School Rated A+

About This Home

As of June 2022

Once in a lifetime investment opportunity. All units fully remodeled and upgraded. Gross Income of $61,380.00. Net Income of $42,800.00. Current Net ROI is 8.42%. Additional opportunity to convert the room used for storage into a studio and get an extra $700 a month or rent out as office space. Leases expire October 2022, November 2022, and February 2023. Unit 4 is empty for showings as for buyer who may want to reside here.

Last Agent to Sell the Property

Chris Secaur

Keller Williams Advisors License #2018000324 Listed on: 03/31/2022

Keller Williams Advisors

Last Buyer's Agent

Joshua Grace

Huff Realty License #2018001492

Huff Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,444

Year Built

  • Built in 1897

Lot Details

  • 4,138

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof

Interior Spaces

  • 3,713 Sq Ft Home
  • 3-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Fire Escape

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts

Additional Features

  • Deck
  • 4,138 Sq Ft Lot

Community Details

  • Insurance Expense $2,035
  • Water Sewer Expense $1,531
  • Gross Income $61,380
  • Net Operating Income $42,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,444

Year Built

Built in 1897

Lot Details

4,138 Sq Ft Lot

Listing Details

  • Suburb: Walnut Hills
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry,Individual Laundry,Smoke Alarm
  • Census Tract Realist: 20.00
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Lot Area Realist: 4138.00
  • Suburb S I C: Walnut Hills
  • Price Per Acre: 4736842.11
  • Year Built: 1897
  • Appliance Include: Fridges, stove/oven, washer/dryers
  • Separate Air Condi: No
  • Separate Gas Elect: No
  • School 1 Type: District Phone
  • Directions: E Mcmillan to Park Ave
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • Second Floor Area: 1865
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Net Operating Income: 42099.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 3606
  • Heat Paid: Owner
  • Lease Information: 3 leases. Unit 4 vacant for showings
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2221.94
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3713.00
  • Windows: Insulated
  • One Bedroom Rent: 1300.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 1750.00
  • Two Bedroom Units: 1

Exterior Features

  • Roof: Slate
  • Construction: Brick
  • Outside Features: Deck, Fire Escape
  • Foundation: Stone
  • Listing Price: 499999.00
  • Acres: 0.0950
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1531

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 12109

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 0.095
  • Lot Size Sq Ft: 4138.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Rent: 875.00
  • Efficiency Units: 1
  • Gross Income: 61380.00
  • Total Buildings: 1
  • Insurance: 2035.00

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

Listed on
Mar 31, 2022
Closed on
Jun 20, 2022
Sold by
Bought by
Seller's Agent
Chris Secaur
Keller Williams Advisors
Buyer's Agent
Joshua Grace
Huff Realty
List Price
$499,999
Sold Price
$450,000
Premium/Discount to List
-$49,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
0.0431%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 30, 2020
Sold by
Bought by
Seller's Agent
Brett Keppler
TREO REALTORS
Buyer's Agent
Chris Secaur
Keller Williams Advisors
List Price
$189,900
Sold Price
$183,000
Premium/Discount to List
-$6,900
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.03%
Original Mortgage
$145,000
Interest Rate
0.037%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 5, 2019
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
$120,000
Interest Rate
0.035%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 1992
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$450,000 None Listed On Document
$183,000 None Available
$150,000 None Available
$133,000 --
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
Open $337,500
Previous Owner $145,000
Previous Owner $120,000
Previous Owner $142,500
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 Prior Sale
09/29/2022 09/29/22 Off Market $450,000 -- --
06/30/2022 06/30/22 Sold $450,000 -10.0% $121 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $499,999 0.0% $135 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $499,999 +173.2% $135 / Sq Ft
05/03/2020 05/03/20 Off Market $183,000 -- --
01/30/2020 01/30/20 Sold $183,000 -3.6% -- View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $189,900 0.0% --
11/19/2019 11/19/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $189,900 -- --
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 $12,476 $150,500 $11,340 $139,160
2024 $12,969 $157,500 $11,340 $146,160
2023 $12,936 $157,500 $11,340 $146,160
2022 $4,515 $64,050 $11,501 $52,549
2021 $4,438 $64,050 $11,501 $52,549
2020 $4,451 $64,050 $11,501 $52,549
2019 $5,423 $71,075 $10,455 $60,620
2018 $5,427 $71,075 $10,455 $60,620
2017 $5,228 $71,075 $10,455 $60,620
2016 $4,318 $57,236 $10,255 $46,981
2015 $3,859 $57,236 $10,255 $46,981
2014 $3,879 $57,236 $10,255 $46,981
2013 $4,744 $53,736 $12,369 $41,367
Source: Public Records

Agents Affiliated with this Home

  • Chris Secaur

    Seller's Agent in 2022

    Chris Secaur

    Keller Williams Advisors

    (513) 543-5702

    4 in this area

    107 Total Sales

    Chris Secaur
    Section Image

  • J

    Buyer's Agent in 2022

    Joshua Grace

    Huff Realty

    (513) 304-2416

    1 in this area

    25 Total Sales

    Joshua Grace
    Section Image

  • B

    Seller's Agent in 2020

    Brett Keppler

    TREO REALTORS

    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1733986

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45206 Walnut Hills

2220 Park Ave, Cincinnati, OH

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