Z
Seller's Agent in 2023
Zoe Altenau
Plum Tree Realty
2503 Rack Ct Cincinnati, OH 45239
Mount Airy NeighborhoodEstimated Value: $214,000 - $232,678
4
Beds
2
Baths
1,820
Sq Ft
$121/Sq Ft
Est. Value
About This Home
As of April 2023Investors who want reliable passive income: Very well kept brick duplex in a cul-de-sac. Two 2/1 units. Few blocks from Colerain Ave, North College Hill, Northgate Mall, lots of shopping. Units have separate furnaces(newer), gas & electric. Both units are occupied with reliable tenants paying $950/month, leases end in September. Market rent in the area is up to $1,300/month. Opportunity to acquire a fully occupied rental property making about $2,000/month. Start making passive income! Sold as-is
Last Agent to Sell the Property
Zoe Altenau
Plum Tree Realty License #2020005802 Listed on: 02/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,545
Year Built
- Built in 1956
Lot Details
- 8,930 Sq Ft Lot
Home Design
- Duplex
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,820 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Parking
- 2 Open Parking Spaces
- Driveway
- On-Street Parking
- Off-Street Parking
Utilities
- Central Air
- Heating System Uses Gas
- Separate Meters
Community Details
- Gross Income $1,900
- Net Operating Income $730
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
Apr 28, 2023
Sold by
Jawessentials Llc
Bought by
Richard Son and Son Fatima
Seller's Agent
Zoe Altenau
Plum Tree Realty
Buyer's Agent
Bonnie Overbeck
3 B Realty Group LLC
List Price
$204,900
Sold Price
$190,000
Premium/Discount to List
-$14,900
-7.27%
Views
261
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,559
Avg. Annual Appreciation
6.07%
Original Mortgage
$142,500
Outstanding Balance
$139,124
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$79,212
Purchase Details
Closed on
Nov 9, 1995
Sold by
Fulton Ricardo
Bought by
Williams Russell and Williams Cheneta Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.41%
Purchase Details
Closed on
Jul 11, 1994
Sold by
Key Marcus E and Key Lou Cornelia
Bought by
Fulton Ricardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,100
Interest Rate
8.6%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Richard Son | $190,000 | -- | |
| Son Richard | $190,000 | None Listed On Document | |
| Williams Russell | -- | -- | |
| Fulton Ricardo | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Son Richard | $142,500 | |
| Closed | Richard Son | -- | |
| Previous Owner | Williams Russell | $63,200 | |
| Previous Owner | Williams Russell | $63,000 | |
| Previous Owner | Fulton Ricardo | $52,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/28/2024 01/28/24 | Off Market | $190,000 | -- | -- |
| 04/21/2023 04/21/23 | Sold | $190,000 | -7.3% | $104 / Sq Ft |
| 03/31/2023 03/31/23 | Pending | -- | -- | -- |
| 03/18/2023 03/18/23 | For Sale | $204,900 | 0.0% | $113 / Sq Ft |
| 02/11/2023 02/11/23 | Pending | -- | -- | -- |
| 02/09/2023 02/09/23 | For Sale | $204,900 | +28.1% | $113 / Sq Ft |
| 12/01/2022 12/01/22 | Off Market | $160,000 | -- | -- |
| 08/29/2022 08/29/22 | Sold | $160,000 | -5.9% | $88 / Sq Ft |
| 07/30/2022 07/30/22 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | For Sale | $170,000 | +6.3% | $93 / Sq Ft |
| 07/26/2022 07/26/22 | Off Market | $160,000 | -- | -- |
| 07/20/2022 07/20/22 | Price Changed | $170,000 | -5.6% | $93 / Sq Ft |
| 07/02/2022 07/02/22 | Price Changed | $180,000 | -5.3% | $99 / Sq Ft |
| 06/24/2022 06/24/22 | For Sale | $190,000 | -- | $104 / Sq Ft |
Source: MLS of Greater Cincinnati (CincyMLS)
Tax History Compared to Growth
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 | $3,545 | $56,000 | $9,940 | $46,060 |
| 2023 | $3,551 | $56,000 | $9,940 | $46,060 |
| 2022 | $2,225 | $31,532 | $8,243 | $23,289 |
| 2021 | $2,186 | $31,532 | $8,243 | $23,289 |
| 2020 | $2,193 | $31,532 | $8,243 | $23,289 |
| 2019 | $2,077 | $27,181 | $7,105 | $20,076 |
| 2018 | $2,079 | $27,181 | $7,105 | $20,076 |
| 2017 | $2,002 | $27,181 | $7,105 | $20,076 |
| 2016 | $2,480 | $32,858 | $7,728 | $25,130 |
| 2015 | $2,216 | $32,858 | $7,728 | $25,130 |
| 2014 | $2,228 | $32,858 | $7,728 | $25,130 |
| 2013 | $2,391 | $35,714 | $8,400 | $27,314 |
Source: Public Records
Agents Affiliated with this Home
-
-
Dustin Wanninger
Seller Co-Listing Agent in 2023
Dustin Wanninger
Plum Tree Realty
(513) 633-8415
1 in this area
85 Total Sales
-
Bonnie Overbeck
Buyer's Agent in 2023
Bonnie Overbeck
3 B Realty Group LLC
(513) 278-7089
2 in this area
91 Total Sales
-
Joshua Thompson
Buyer Co-Listing Agent in 2023
Joshua Thompson
3 B Realty Group LLC
(614) 326-9645
2 in this area
91 Total Sales
-
L
Seller's Agent in 2022
Lawrence McClinton
Sherrod Realty Group
Map
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1763941
APN: 231-0001-0097
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