NOT LISTED FOR SALE

225 E Mechanic St Cincinnati, OH 45215

Estimated Value: $145,000 - $227,000

3 Beds
2 Baths
1,360 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $25,000 $18 Per Sq Ft

Est. 606% increase in value since last sale

Current estimated payment $1,098/month

168 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Family Room
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

Brick ranch with full basement. Pre-approval, proof of funds required with all offers. Subject to 3rd party approval.

Last Agent to Sell the Property

Marv Cook

OwnerLand Realty, Inc. License #2002007759 Listed on: 07/13/2013

OwnerLand Realty, Inc.

Co-Listed By

Clinton Otto

OwnerLand Realty, Inc. License #2005009785

Last Buyer's Agent

Melissa Smith

Coldwell Banker Realty License #2020001150

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1946

Lot Details

  • 4,008 Sq Ft Lot
  • Lot Dimensions are 50 x 77

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,360 Sq Ft Home
  • Vinyl Clad Windows
  • Family Room
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,945

Year Built

Built in 1946

Lot Details

0

Parking

1

Listing Details

  • Suburb: Reading
  • Cross Street: Reading Road
  • Degree Complete: Completed
  • Broker Approved: Yes
  • Basement Sq Ft: 994
  • Census Tract Realist: 232.22
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 4008.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Reading
  • Price Per Acre: 271739.13
  • Accessibility Features: No
  • Basement Features: Part Finished
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Dining Room Feat: Walkout
  • Living Great Rm Area: 234
  • Living Great Rm Dim: 18 x 13
  • Living Great Rm Len: 18
  • Living Great Rm Wid: 13
  • Single Family Desc: Single Family
  • Study Lib Den Dim: 0 x 0
  • Year Built: 1946
  • School 1 Type: District Phone
  • Architecture: Ranch
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Directions: Reading Rd to East Mechanic.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2013-07-13
  • Property Subtype 1: Single Family Residence
  • Street Direction: E
  • Occupancy: At Closing
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 12x10 Level: 1
  • Bedroom 3: 11x11 Level: 1
  • Dining Room: 11x8 Level: 1
  • Family Room: 19x11 Level: Lower
  • Living Room: 18x13 Level: 1
  • Formal Dining Room: Yes
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 513-554-1800
  • Semi Annual Taxes: 664.00
  • Kitchen: 11x9 Level: 1
  • Bedroom 2 Area: 120
  • Basement: Full
  • Bedroom 3 Area: 121
  • Bathrooms: 2.00
  • Kitchen Area: 99
  • Kitchen Dim: 11 x 9
  • Levels: One
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 1
  • Bathroom 2: Full
  • Bathroom 2 Level: Lower
  • Diningroom Area: 88
  • Family Room Area: 209
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 0 x 0
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1360.00
  • Total Rooms: 7
  • Windows: Vinyl
  • First Floor Family Room: Yes
  • PrimaryBedroomArea: 182
  • PrimaryBedroomDim: 14 x 13
  • PrimaryBedroomLen: 14
  • P R I M A R Y B E D R O O M: 14x13 Level: Lower

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 29900.00
  • Acres: 0.0920
  • New Construction: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage Carport: Built in,Front
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Other
  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Dimensions: 50 X 77
  • Lot Size Sq Ft: 4008.00
  • Total Assessed Value: of record
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2013
Closed on
Jan 10, 2014
Sold by
Vantium Reo Capital Markets Lp
Bought by
Benson Phillip and Benson Tina
Seller's Agent
Marv Cook
OwnerLand Realty, Inc.
Buyer's Agent
Melissa Smith
Coldwell Banker Realty
List Price
$50,000
Sold Price
$25,000
Premium/Discount to List
-$25,000
-50%
Current Estimated Value
$176,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,516
Avg. Annual Appreciation
18.18%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Cromer Marion and Cromer Tuesday
Bought by
Vantium Reo Capital Markets Lp

Purchase Details

Closed on
Mar 29, 2006
Sold by
Fannie Mae
Bought by
Cromer Marion and Cromer Tuesday

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
10.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2005
Sold by
Gmac Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 4, 2004
Sold by
Mills Becky K
Bought by
Gmac Mortgage Corp

Purchase Details

Closed on
May 15, 1997
Sold by
Gray Anthony E and Gray Connee J
Bought by
Mills Becky K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
8.24%

Purchase Details

Closed on
Feb 8, 1996
Sold by
Beichler Robert D and Beichler Ruth J
Bought by
Gray Anthony E and Gray Connee J

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
7.11%
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
Benson Phillip $25,000 Omega Title Agency Llc
Vantium Reo Capital Markets Lp $38,000 Attorney
Cromer Marion $70,000 None Available
Federal National Mortgage Association -- None Available
Gmac Mortgage Corp $76,806 --
Mills Becky K $84,000 --
Gray Anthony E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cromer Marion $59,500
Previous Owner Mills Becky K $81,400
Previous Owner Gray Anthony E $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Off Market $25,000 -- --
01/16/2014 01/16/14 Sold $25,000 -50.0% $18 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $50,000 -- $37 / 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 $1,945 $35,805 $7,280 $28,525
2023 $1,941 $35,805 $7,280 $28,525
2022 $1,730 $24,794 $5,852 $18,942
2021 $1,480 $24,794 $5,852 $18,942
2020 $1,460 $24,794 $5,852 $18,942
2019 $1,422 $21,942 $5,180 $16,762
2018 $1,423 $21,942 $5,180 $16,762
2017 $1,359 $21,942 $5,180 $16,762
2016 $546 $8,750 $5,488 $3,262
2015 $544 $8,750 $5,488 $3,262
2014 $478 $8,750 $5,488 $3,262
2013 $1,416 $26,124 $5,600 $20,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1365168

MLS of Greater Cincinnati (CincyMLS)

APN: 671-0004-0336