NOT LISTED FOR SALE

2557 Melrose Ave Cincinnati, OH 45212

Norwood Area
Studio
-- Bath
5,288 Sq Ft
7,710 Sq Ft Lot

Sale Details

Date Sold: December 3, 2021

Last sale price $430,000 $81 Per Sq Ft

44 Days on Market

Highlights

  • Balcony
  • Porch
  • Coin Laundry
  • 2 Car Detached Garage

About This Home

As of December 2021

Gorgeous brick 5-family with solid rental history in prime Norwood location. Walk to the shops and restaurants of Rookwood! Quick and easy access to 71 and the Norwood Lateral. Two-car garage and parking for three cars in the back.

Last Agent to Sell the Property

Ben Freimuth

Comey & Shepherd License #2016004681 Listed on: 08/27/2021

Comey & Shepherd

Co-Listed By

Jennifer Monroe

Comey & Shepherd License #2018005624

Last Buyer's Agent

Lauren Grote

Sibcy Cline, Inc. License #2004017471

Sibcy Cline, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1910

Lot Details

  • 7,710

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 5,288 Sq Ft Home
  • 3-Story Property
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Home Security

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Coin Laundry
  • Fire Escape

Property Details

Home Type

Condominium

Year Built

Built in 1910

Lot Details

7,710 Sq Ft Lot

Parking

2

Listing Details

  • Suburb: Norwood
  • Cross Street: Smith Road
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 254.02
  • Cooling: Window Unit
  • Heating: Gas
  • Lot Area Realist: 7710.00
  • Suburb S I C: Norwood
  • Price Per Acre: 2429378.53
  • Year Built: 1910
  • Appliance Include: 5range,5frig,8windowACs,1 washer,1dryer
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: 71 to north on Smith Road, left on Melrose
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Second Floor Area: 3365
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: No
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-396-5520
  • Semi Annual Taxes: Of Record
  • Water Paid: Owner
  • Basement: Full
  • Fireplaces: 2
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 5288.00
  • Windows: Vinyl
  • One Bedroom Rent: 700.00
  • One Bedroom Number of Units: 4
  • Two Bedroom Rent: 850.00
  • Two Bedroom Units: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Porch, Balcony, Fire Escape
  • Foundation: Stone
  • Listing Price: 479000.00
  • Acres: 0.1770
  • New Construction: No

Garage/Parking

  • Garage: Detached, Rear
  • Garage Spaces: 2.00
  • Parking Spaces: 3
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Norwood City SD

Lot Info

  • Lot Dimensions: 50 x 155
  • Lot Size Sq Ft: 7710.00

Multi Family

  • Total Buildings: 1

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
Aug 27, 2021
Closed on
Dec 3, 2021
Sold by
Bought by
Seller's Agent
Ben Freimuth
Comey & Shepherd
Buyer's Agent
Lauren Grote
Sibcy Cline, Inc.
List Price
$499,000
Sold Price
$430,000
Premium/Discount to List
-$69,000
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.0237%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 19, 2021
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
$296,000
Interest Rate
0.027%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2006
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
$161,250
Interest Rate
0.0622%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2004
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
$156,000
Interest Rate
0.0399%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2001
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
$128,000
Interest Rate
0.0787%
Mortgage Type
Commercial
Source: Public Records
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

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
-- None Available
-- None Available
-- Royal Land Title Agency Ltd
-- Royal Land Title Agency Ltd
$195,000 --
$160,000 --
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 $260,000
Closed $296,000
Previous Owner $161,250
Previous Owner $156,000
Previous Owner $128,000
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
03/03/2022 03/03/22 Off Market $430,000 -- --
12/03/2021 12/03/21 Sold $430,000 -13.8% $81 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $499,000 -- $94 / Sq Ft
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 $6,147 $89,068 $13,300 $75,768
2023 $6,145 $89,068 $13,300 $75,768
2022 $6,157 $78,029 $12,789 $65,240
2021 $6,128 $78,029 $12,789 $65,240
2020 $5,883 $78,029 $12,789 $65,240
2019 $5,440 $67,267 $11,025 $56,242
2018 $5,463 $67,267 $11,025 $56,242
2017 $5,296 $67,267 $11,025 $56,242
2016 $5,614 $66,276 $10,143 $56,133
2015 $5,109 $66,276 $10,143 $56,133
2014 $5,071 $66,276 $10,143 $56,133
2013 $5,186 $72,041 $11,025 $61,016
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1712961

MLS of Greater Cincinnati (CincyMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.