NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
3.13 Acre Lot

Sale Details

Date Sold: August 8, 2022

Last sale price $2,862,000

47 Days on Market

Highlights

  • 3.13 Acre Lot
  • Walnut Hills High School Rated A+
  • Hot Water Heating System

About This Home

As of August 2022

Foreclosure Sale by Court-Appointed Receiver.​ Call for Offers sale.​ Offers due by 4pm ET on Friday, 4/22/22.​ Terrace Woods Apartments, a 54-unit multifamily asset located in North Fairmont.​ The property features 3 buildings totaling 38,250 net rentable sq f w/ample off-street parking.​ The property was originally constructed in 1965 & consists of (18) 1-bedroom units & (36) two-bedroom units.​ Property is sold 100% AS-IS, WHERE-IS, with all faults.​

Last Agent to Sell the Property

Jeff Lane

Prodigy Properties License #2001021921 Listed on: 03/28/2022

Last Buyer's Agent

Not Member

NOTCINCYMEM

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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • 3.13

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Vinyl Clad Windows

Parking

  • 40 Open Parking Spaces
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

3.13 Acres

Listing Details

  • Suburb: Fairmount
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 88.00
  • Cooling: Wall Unit
  • Heating: Hot Water
  • Lot Area Realist: 136212.00
  • Suburb S I C: Fairmount
  • Price Per Acre: 915254.24
  • Year Built: 1965
  • School 1 Type: District Phone
  • Directions: 75 S Harrison Ave Exit West On Harrison Ave North On Baker
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 54
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: OF RECORD
  • Basement: None
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl
  • One Bedroom Number of Units: 18
  • Two Bedroom Units: 36

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Slab
  • Listing Price: 1.00
  • Acres: 3.1270
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 40
  • Parking: Lot

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 136212.00

Multi Family

  • Total Buildings: 3

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
Mar 28, 2022
Closed on
Aug 10, 2022
Sold by
Bought by
Seller's Agent
Jeff Lane
Prodigy Properties
Buyer's Agent
Not Member
NOTCINCYMEM
List Price
$1
Sold Price
$2,862,000
Premium/Discount to List
$2,861,999
286199900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,146,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2018
Sold by
Bought by

Purchase Details

Closed on
May 30, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 1998
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
$1,080,000
Interest Rate
8.87%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,862,000 --
-- None Available
-- None Available
$136,000 Attorney
-- --
$1,350,000 --
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 $1,700,000
Closed $2,146,500
Previous Owner $1,150,000
Previous Owner $1,080,000
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
11/07/2022 11/07/22 Off Market $2,862,000 -- --
08/08/2022 08/08/22 Sold $2,862,000 +286199900.0% --
05/16/2022 05/16/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $1 -- --
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 $83,018 $1,001,700 $75,600 $926,100
2024 $82,461 $1,001,700 $75,600 $926,100
2023 $43,072 $524,346 $75,600 $448,746
2022 $39,923 $440,419 $80,136 $360,283
2021 $39,218 $440,419 $80,136 $360,283
2020 $39,262 $440,419 $80,136 $360,283
2019 $40,248 $415,489 $75,600 $339,889
2018 $40,114 $415,489 $75,600 $339,889
2017 $38,852 $415,489 $75,600 $339,889
2016 $39,167 $410,421 $75,600 $334,821
2015 $35,983 $410,421 $75,600 $334,821
2014 $36,105 $410,421 $75,600 $334,821
2013 $36,502 $413,774 $75,600 $338,174
Source: Public Records

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1733300

MLS of Greater Cincinnati (CincyMLS)
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