NOT LISTED FOR SALE
Studio
-- Baths
-- Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: May 28, 2020

Last sale price $328,000

3 Days on Market

Highlights

  • Hot Water Heating System
  • Walnut Hills High School Rated A+
  • Coin Laundry

About This Home

As of May 2020

Perfect size apartment investment opportunity! 8-unit brick building in convenient location. Small enough to manage, big enough to make money. New vinyl windows 2009, New boiler 2008, shingle roof, level lot.

Last Agent to Sell the Property

Mike Wright

Hoeting, REALTORS License #2019006647 Listed on: 04/16/2020

Last Buyer's Agent

Tom Deutsch

Coldwell Banker Realty License #2003017346

Coldwell Banker Realty
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,980

Year Built

  • Built in 1965

Lot Details

  • 9,148

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Vinyl Clad Windows
  • Partial Basement

Parking

  • 8 Open Parking Spaces
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Cable TV Available

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $2,760
  • Maintenance Expense $2,700
  • Water Sewer Expense $4,010
  • Gross Income $46,275
  • Net Operating Income $26,775

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,980

Year Built

Built in 1965

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Suburb: Westwood
  • Cross Street: Queen City Ave.
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry, Cable TV
  • Census Tract Realist: 109.00
  • Cooling: Wall Unit
  • Heating: Gas, Hot Water
  • Lot Area Realist: 9278.00
  • Suburb S I C: Westwood
  • Price Per Acre: 1561904.76
  • Year Built: 1965
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Queen City Ave. to South on Boudinot or Glenway Ave. to North on Boudinot.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 8
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 26775.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 2340
  • Heat Paid: Owner
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 3490
  • Waste Removal: 710
  • Water Paid: Owner
  • Basement: Partial
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl
  • One Bedroom Rent: 480.00
  • One Bedroom Sq Ft: 500
  • One Bedroom Number of Units: 7
  • Two Bedroom Rent: 650.00
  • Two Bedroom Sq Ft: 650
  • Two Bedroom Units: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 336000.00
  • Acres: 0.2100
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 8
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 4010

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2700.00

Fee Information

  • Taxes: 6980

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 62x150
  • Lot Size Sq Ft: 9148.00

Multi Family

  • Gross Income: 46275.00
  • Total Buildings: 1
  • Insurance: 2760.00

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
Apr 16, 2020
Closed on
May 28, 2020
Sold by
Faillace Michael J
Bought by
Seller's Agent
Mike Wright
Hoeting, REALTORS
Buyer's Agent
Tom Deutsch
Coldwell Banker Realty
List Price
$336,000
Sold Price
$328,000
Premium/Discount to List
-$8,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 2006
Sold by
Hengehold Susan N
Bought by
Faillace Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7%
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
$328,000 None Available
Faillace Michael J $232,000 None Available
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 $800,000
Closed Goodman Apartments Llc $750,960
Closed Boudinot Apartments Llc $276,000
Previous Owner Faillace Michael J $185,600
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
08/26/2020 08/26/20 Off Market $328,000 -- --
05/28/2020 05/28/20 Sold $328,000 -2.4% --
04/19/2020 04/19/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $336,000 -- --
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 $9,460 $113,946 $21,560 $92,386
2024 $9,396 $113,946 $21,560 $92,386
2023 $9,372 $113,946 $21,560 $92,386
2022 $10,287 $114,800 $20,776 $94,024
2021 $10,028 $114,800 $20,776 $94,024
2020 $10,132 $114,800 $20,776 $94,024
2019 $6,968 $73,150 $19,600 $53,550
2018 $6,973 $73,150 $19,600 $53,550
2017 $6,716 $73,150 $19,600 $53,550
2016 $6,060 $64,925 $17,248 $47,677
2015 $5,591 $64,925 $17,248 $47,677
2014 $5,614 $64,925 $17,248 $47,677
2013 $6,395 $73,777 $19,600 $54,177
Source: Public Records

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1658205

MLS of Greater Cincinnati (CincyMLS)
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