NOT LISTED FOR SALE

250 E State Rd Cleves, OH 45002

-- Bed
-- Bath
2,022 Sq Ft
1.59 Acres

Last Sold June 08, 2016

Last sale price $305,000 $151 Per Sq Ft

24 Days on Market

Highlights

  • 1.59 Acre Lot
  • Forced Air Heating System
  • Coin Laundry
  • Charles T. Young Elementary School Rated 9+

About This Home

As of June 2016

Offered by Court Appointed Receiver. Requesting highest & best bid by 3.11.16. 15 units, 12 two bed apartment building & 3 family building. Tenant pays gas & electric. 60% Occupied. Average condition w/ some deferred maintenance. Will benefit from proper management. Tenants are long term & want to stay. Income / Expense provided is pro-forma. AS-IS

Last Agent to Sell the Property

Kurt Polter

Prodigy Properties License #2004005101 Listed on: 02/26/2016

Co-Listed By

Jeff Lane

Prodigy Properties License #2001021921

Last Buyer's Agent

Patrick Cagney

Coldwell Banker Realty License #2004015334

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,414

Lot Details

  • 1.59

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing

Interior Spaces

  • 2,022 Sq Ft Home
  • 3-Story Property
  • Partial Basement

Parking

  • 28 Open Parking Spaces
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $12,500
  • Other Expense $4,500
  • Water Sewer Expense $5,000
  • Gross Income $100,000
  • Net Operating Income $49,100

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,414

Lot Details

0

Listing Details

  • Suburb: Cleves
  • Cross Street: US 50
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: Of Record
  • Miscellaneous: Coin Laundry
  • Basement Sq Ft: 1512
  • Census Tract Realist: 204.01
  • Cooling: Window Unit, Wall Unit
  • Heating: Gas, Forced Air
  • Lot Area Realist: 69217.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Cleves
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 191944.62
  • Appliance Include: Yes
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: I-74 West to State Route 128 South to US-50 East to E State Rd
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 15
  • Property Subtype 1: Apartment
  • Street Direction: E
  • StructureType: Apartment 5+
  • Occupancy: At Closing
  • Second Floor Area: 510
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 49100.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Vacancy: 5000
  • Year Built Exception: Unknown
  • Gasand Electric: 8000
  • Heat Paid: Tenant
  • Lease Information: Month to Month
  • Other Features: Wooded Lot
  • Reciprocal Listing: No
  • School Name1: Call SD 513-941-6400
  • Semi Annual Taxes: $6207
  • Waste Removal: 1000
  • Water Paid: Owner
  • Basement: Partial
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 2022.00
  • Windows: Aluminum
  • One Bedroom Rent: 410.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 575.00
  • Two Bedroom Units: 13

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 280000.00
  • Acres: 1.5890
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 28
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 5000

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 12500.00

Fee Information

  • Taxes: 12400

Schools

  • District: Three Rivers Local S

Lot Info

  • Lot Dimensions: 1.589 Acres
  • Lot Size Sq Ft: 69217.00

Multi Family

  • Gross Income: 100000.00
  • Other Expense: 4500
  • Total Buildings: 2
  • Insurance: 2500.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2025 04/19/25 Off Market -- -- --
02/28/2025 02/28/25 Price Changed $975 -99.7% $1 / Sq Ft
02/27/2025 02/27/25 For Rent -- -- --
09/15/2016 09/15/16 Off Market $305,000 -- --
06/08/2016 06/08/16 Sold $305,000 +8.9% $151 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $280,000 -- $138 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1483016

MLS of Greater Cincinnati (CincyMLS)