NOT LISTED FOR SALE

2946 Douglas Terrace Cincinnati, OH 45212

Pleasant Ridge Neighborhood

Estimated Value: $341,000 - $434,343

2 Beds
3 Baths
1,764 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $130,000 $74 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,464/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Oversized Parking
  • Forced Air Heating System
  • Walnut Hills High School Rated A+
  • Storage
  • Wood Burning Fireplace

About This Home

As of June 2018

This property was built as 2 fam, but could be converted into a single. Great 2-fam as it is now. 1st floor has long time tenant. 2nd floor is ready for a renter or for owner occupied! Beautiful hard wood floors, great location, garage, close to 71 & lateral

Last Agent to Sell the Property

Rebecca Poast

Sibcy Cline, Inc. License #0000373324 Listed on: 03/23/2018

Sibcy Cline, Inc.

Last Buyer's Agent

Rebecca Poast

Sibcy Cline, Inc. License #0000373324 Listed on: 03/23/2018

Sibcy Cline, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,160

Year Built

  • Built in 1934

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • 1 Open Parking Space
  • Oversized Parking
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,764 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Non-Functioning Fireplace
  • Insulated Windows
  • Storage
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Cable TV Available

Community Details

  • Insurance Expense $800
  • Maintenance Expense $1,320
  • Water Sewer Expense $1,500
  • Gross Income $14,000
  • Net Operating Income $5,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,160

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Suburb: Pleasant Ridge
  • Cross Street: Marmion
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Cable TV
  • Census Tract Realist: 57.02
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Lot Area Realist: 4879.00
  • Suburb S I C: Pleasant Ridge
  • Price Per Acre: 1181818.18
  • Public Transportn: 1 block
  • Year Built: 1934
  • Appliance Include: all attached
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Ridge from I71 to L on Bellewood, R on Lester to L on street.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: At Closing
  • Second Floor Area: 882
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt, Storage Area
  • Net Operating Income: 5730.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Lease Information: MTM
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2080
  • Waste Removal: 800
  • Water Paid: Tenant
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Wood, Inoperable
  • Bldg Sq Ft (Realist): 1764.00
  • Windows: Insulated
  • One Bedroom Number of Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 139000.00
  • Acres: 0.1100
  • New Construction: No

Garage/Parking

  • Garage: Detached, Oversized
  • Garage Spaces: 2.00
  • Parking Spaces: 1
  • Parking: Garage, Onstreet, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1500

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1320.00

Fee Information

  • Taxes: 4200

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 4792.00

Multi Family

  • Gross Income: 14000.00
  • Total Buildings: 2
  • Insurance: 800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2018
Sold by
Insite Homes Llc
Bought by
2946 Douglas Terrace Llc
Current Estimated Value
$389,902

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jun 4, 2018
Sold by
Ranalli Margaret and Ranalli Roger
Bought by
Insite Homes Llc
Seller's Agent
Rebecca Poast
Sibcy Cline, Inc.
Buyer's Agent
Rebecca Poast
Sibcy Cline, Inc.
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$201,712
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 13, 2011
Sold by
Ahlrichs Audrey C and Ahlrichs John W
Bought by
Ahlrichs Audrey C and Ahlrichs John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,690
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1996
Sold by
Browne Ralph C and Browne Frances A
Bought by
Vanuum Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,550
Interest Rate
7.74%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2946 Douglas Terrace Llc $148,000 Prodigy Title Agency
Insite Homes Llc $130,000 Prodigy Title Agency
Ahlrichs Audrey C -- Service Link
Vanuum Margaret M $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Insite Homes Llc $201,712
Previous Owner Ahlrichs Audrey C $168,690
Previous Owner Vanuum Margaret M $109,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2018 09/02/18 Off Market $130,000 -- --
06/04/2018 06/04/18 Sold $130,000 -6.5% $74 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $139,000 -- $79 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

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 $5,110 $126,627 $18,438 $108,189
2023 $5,119 $126,627 $18,438 $108,189
2022 $3,660 $51,800 $13,909 $37,891
2021 $3,595 $51,800 $13,909 $37,891
2020 $3,606 $51,800 $13,909 $37,891
2019 $4,194 $54,877 $11,890 $42,987
2018 $4,198 $54,877 $11,890 $42,987
2017 $4,043 $54,877 $11,890 $42,987
2016 $4,160 $55,076 $11,851 $43,225
2015 $3,718 $55,076 $11,851 $43,225
2014 $3,738 $55,076 $11,851 $43,225
2013 $3,622 $52,455 $11,288 $41,167
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Poast

    Seller's Agent in 2018

    Rebecca Poast

    Sibcy Cline

    (513) 515-3267

    17 Total Sales

    Rebecca Poast
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1572363

MLS of Greater Cincinnati (CincyMLS)

APN: 121-0001-0161

Ohio Hamilton County Cincinnati 45212 Pleasant Ridge

2946 Douglas Terrace, Cincinnati, OH

Not Listed for Sale

MultiFamily

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