NOT LISTED FOR SALE

2482 Observatory Ave Cincinnati, OH 45208

Estimated Value: $355,000 - $420,457

2 Beds
2.5 Baths
1,759 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $300,000 $171 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,748/month

2 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Formal Dining Room
  • Walnut Hills High School Rated A+
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of August 2020

Wonderful townhouse condo circa 1893. with lots of space and character. Hdwd floors, 14x14 master bedroom w/adjoining bath, large deck for entertaining...truly a rare opportunity in Hyde Park. Walkable to Hyde Park Square and 2 minutes from 71.

Last Agent to Sell the Property

Rebecca Poast

Sibcy Cline, Inc. License #0000373324 Listed on: 07/08/2020

Sibcy Cline, Inc.

Last Buyer's Agent

Rebecca Poast

Sibcy Cline, Inc. License #0000373324 Listed on: 07/08/2020

Sibcy Cline, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,451

Year Built

  • Built in 1893

Lot Details

  • 0.64

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,759 Sq Ft Home
  • Property has 3 Levels
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Double Hung Windows
  • Panel Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Association fees include maintenanceexterior, trash, association dues, landscapingcommunity
  • All Owners Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,451

Year Built

Built in 1893

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Suburb: Hyde Park
  • Broker Approved: Yes
  • Miscellaneous: Cable,Ceiling Fan,Recessed Lights,Smoke Alarm
  • Basement Sq Ft: 627
  • Census Tract Realist: 50.00
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 27827.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Hyde Park
  • Basement Features: Unfinished
  • Level 1 Bathroom Type: Partial
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: No
  • Condo Description: Townhouse
  • Dining Room Feat: Built-ins,Walkout,Wood Floor
  • Entry Area: 36
  • Entry Foyer: Closet,Transom/Sidelit,Wood Floor
  • Living Great Rm Area: 238
  • Living Great Rm Dim: 17 x 14
  • Living Great Rm Len: 17
  • Living Great Rm Wid: 14
  • Living Room Feat: Bookcases,Fireplace,Walkout,Wood Floor
  • Study Lib Den: 12x11 Level: 3
  • Study Lib Den Area: 132
  • Study Lib Den Dim: 12 x 11
  • Study Lib Den Len: 12
  • Unit Entry Level: 1
  • Water Heating: Gas
  • Year Built: 1893
  • Unit: 1
  • School 1 Type: District Phone
  • Architecture: Traditional
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 2
  • Directions: Observatory @ Peasenhall between Madison Rd & Berry (driveway off Peasenhall).
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2020-07-08
  • Property Subtype 1: Condominium
  • Occupancy: Negotiable
  • Second Floor Area: 785
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 9Ft + Ceiling, Crown Molding, Heated Floors, Multi Panel Doors
  • Features: Pets Allowed,Private Entry
  • Bedroom 2: 15x12 Level: 2
  • Bedroom 3: 15x12 Level: 3
  • Breakfast Room: 0x0 Level: 1
  • Dining Room: 18x13 Level: 1
  • Living Room: 17x14 Level: 1
  • Formal Dining Room: Yes
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 3225.50
  • Kitchen: 17x14 Level: 1
  • Appliances: Dishwasher, Garbage Disposal, Microwave, Oven/Range, Refrigerator
  • Kitchen Features: Eat-In,Marble/Granite/Slate
  • Bedroom 2 Area: 180
  • Basement: Full
  • Bedroom 3 Area: 180
  • Study Features: WW Carpet
  • Entry: 9x4 Level: 1
  • Bathrooms: 3.00
  • Kitchen Area: 238
  • Kitchen Dim: 17 x 14
  • Levels: Three
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 2
  • Bathroom 2: Full
  • Bathroom 2 Level: 2
  • Bathroom 3: Partial
  • Bathroom 3 Level: 1
  • Diningroom Area: 234
  • Laundry Room: 0x0 Level: Basement
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 0 x 0
  • Fireplace: Inoperable
  • Fireplaces: 1
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1759.00
  • Total Rooms: 7
  • Windows: Double Hung, Storm, Wood
  • First Floor Family Room: No
  • PrimaryBedroomArea: 196
  • PrimaryBedroomDim: 14 x 14
  • PrimaryBedroomLen: 14
  • Primary Bathrooms: Built-In Shower Seat,Double Vanity,Tile Floor
  • PrimaryBedFeat: Bath Adjoins,Dressing Area,WW Carpet
  • P R I M A R Y B E D R O O M: 14x14 Level: 2

Exterior Features

  • Roof: Shingle
  • Construction: Wood Siding, Other
  • Outside Features: Deck, Enclosed Porch, Patio
  • Foundation: Stone
  • Listing Price: 339900.00
  • New Construction: No

Garage/Parking

  • Garage Carport: Carport Detached,Rear
  • Parking: Driveway, Off Street

Utilities

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

Condo/Co-op/Association

  • Levels In Unit: 3
  • HOA Fees: 250.00
  • Fee Frequency: Annually
  • HOA Management Co: All Owners
  • HOA Yes/No: Yes
  • Association: Cincinnati Area Multiple Listing Service
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Inc.In HOA/Condo Fee: MaintenanceExterior, Trash, AssociationDues, LandscapingCommunity

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: Condo
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Aug 18, 2020
Sold by
Gaines Patricia A and The Patricia A Gaines Revocabl
Bought by
Dailey Michael and Dailey Laura
Seller's Agent
Rebecca Poast
Sibcy Cline, Inc.
Buyer's Agent
Rebecca Poast
Sibcy Cline, Inc.
List Price
$339,900
Sold Price
$300,000
Premium/Discount to List
-$39,900
-11.74%
Current Estimated Value
$390,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,112
Avg. Annual Appreciation
5.37%
Original Mortgage
$240,000
Outstanding Balance
$177,383
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$211,514

Purchase Details

Closed on
Jan 14, 2014
Sold by
Gaines Patricia A
Bought by
Gaines Patricia A and The Patricia A Gaines Revocable Trust

Purchase Details

Closed on
Oct 22, 2008
Sold by
Walters April P
Bought by
Gaines Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1996
Sold by
Rose Mary Lynn
Bought by
Walters April P

Purchase Details

Closed on
Jan 24, 1994
Sold by
Rose Marvin H
Bought by
Cohen Alfred M
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
Dailey Michael $300,000 Ltoc
Gaines Patricia A -- Attorney
Gaines Patricia A $275,000 Attorney
Walters April P $80,000 --
Walters April P $80,000 --
Cohen Alfred M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dailey Michael $240,000
Previous Owner Gaines Patricia A $208,000
Previous Owner Gaines Patricia A $220,000
Previous Owner Walters April $460,000
Previous Owner Walters April P $30,000
Previous Owner Walters April P $141,000
Previous Owner Walters Donald J $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Off Market $300,000 -- --
08/18/2020 08/18/20 Sold $300,000 -11.7% $171 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $339,900 -- $193 / 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 $6,864 $108,448 $17,500 $90,948
2023 $6,873 $108,448 $17,500 $90,948
2022 $6,555 $96,390 $17,500 $78,890
2021 $6,311 $96,390 $17,500 $78,890
2020 $5,903 $96,390 $17,500 $78,890
2019 $6,451 $96,390 $17,500 $78,890
2018 $6,461 $96,390 $17,500 $78,890
2017 $6,130 $96,390 $17,500 $78,890
2016 $6,200 $96,250 $17,500 $78,750
2015 $5,596 $96,250 $17,500 $78,750
2014 $5,637 $96,250 $17,500 $78,750
2013 $5,736 $96,250 $17,500 $78,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1667649

MLS of Greater Cincinnati (CincyMLS)

APN: 042-0001-0109