NOT LISTED FOR SALE

311 Cypress Ave Trenton, OH 45067

Estimated Value: $253,000 - $300,000

6 Beds
6 Baths
3,256 Sq Ft
$86/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $200,000 $61 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,911/month

About This Home

As of August 2021

Roof replaced in 2013. Tenants are responsible for all utilities. Each unit has 2 parking spaces, all brick exterior makes for easy upkeep. Each unit has its own washer and dryer hook-up.

Last Agent to Sell the Property

Scott Ferguson

Keller Williams Advisors License #2016001623 Listed on: 07/02/2021

Co-Listed By

Jill Ferguson

Keller Williams Advisors License #2016004358

Last Buyer's Agent

Lyndsey Jackson

Huff Realty License #2019005631

Huff Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1993

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 65 x 148

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property
  • Double Hung Windows

Parking

  • 6 Open Parking Spaces
  • Private Parking
  • Assigned Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Separate Meters

Community Details

  • Insurance Expense $800
  • Maintenance Expense $1,000
  • Gross Income $23,100
  • Net Operating Income $18,498

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,802

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Suburb: Trenton
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 151.00
  • Cooling: Window Unit, Wall Unit
  • Heating: Electric, Baseboard
  • Lot Area Realist: 9609.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Trenton
  • Annual Assessment Amount: of record
  • Price Per Acre: 909090.91
  • Year Built: 1993
  • Appliance Include: Dish Washer, Refrigerator, Stove
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Pierson to Cypress
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 18498.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-863-4692
  • Semi Annual Taxes: 1,401.19
  • Water Paid: Tenant
  • Basement: None
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3256.00
  • Windows: Double Hung
  • One Bedroom Rent: 725.00
  • Two Bedroom Rent: 650.00
  • Two Bedroom Sq Ft: 1050
  • Two Bedroom Units: 3
  • Three+ Bedroom Rent: 550.00

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Outside Features: Patio
  • Foundation: Slab
  • Listing Price: 200000.00
  • Acres: 0.2200
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 6
  • Parking: Lot, Private, Assigned

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1000.00

Fee Information

  • Taxes: 2802

Schools

  • District: Edgewood City SD

Lot Info

  • Lot Dimensions: 65 x 148
  • Lot Size Sq Ft: 9583.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 23100.00
  • Total Buildings: 1
  • Insurance: 800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
J & L Residential Rentals Llc
Bought by
Sellers Jayme A
Current Estimated Value
$281,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Outstanding Balance
$219,653
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$61,879

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 3, 2021
Sold by
Johnson Robert B and Johnson Nisa K
Bought by
J & L Residential Rentals Llc
Seller's Agent
Scott Ferguson
Keller Williams Advisors
Buyer's Agent
Lyndsey Jackson
Huff Realty
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$145,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2020
Sold by
Rhea Properties Llc
Bought by
Johnson Robert B and Johnson Nisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2019
Sold by
Johnson Robert B and Johnson Nisa K
Bought by
Rhea Properties Llc

Purchase Details

Listed on
Dec 16, 2016
Closed on
Mar 7, 2017
Sold by
Beiser Gary F and Beiser Paula E
Bought by
Johnson Robert B and Johnson Nisa K
Seller's Agent
Scott Ferguson
Keller Williams Advisors
Buyer's Agent
Bryan Hoelzer
Coldwell Banker Realty
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$105,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2015
Sold by
Beiser Gary F and Beiser Paula E
Bought by
Beiser Gary F and Beiser Paula E

Purchase Details

Closed on
Oct 18, 1996
Sold by
John F Rockel Trst
Bought by
Beiser Gary F and Beiser Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sellers Jayme A $295,000 None Listed On Document
J & L Residential Rentals Llc $200,000 Trinity Title
Johnson Robert B -- None Available
Rhea Properties Llc -- None Available
Johnson Robert B $140,000 Acs Title & Closing Services
Beiser Gary F -- Attorney
Beiser Gary F $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellers Jayme A $221,000
Previous Owner J & L Residential Rentals Llc $145,000
Previous Owner Johnson Robert B $104,000
Previous Owner Johnson Robert B $105,000
Previous Owner Beiser Gary F $17,000
Previous Owner Beiser Gary F $85,458
Previous Owner Beiser Gary F $110,000
Previous Owner Beiser Gary F $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Off Market $200,000 -- --
08/04/2021 08/04/21 Sold $200,000 0.0% $61 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $200,000 +42.9% $61 / Sq Ft
06/08/2017 06/08/17 Off Market $140,000 -- --
03/09/2017 03/09/17 Sold $140,000 -6.7% $43 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
12/16/2016 12/16/16 For Sale $150,000 -- $46 / 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 $4,099 $94,920 $7,630 $87,290
2023 $4,080 $94,920 $7,630 $87,290
2022 $2,735 $55,890 $7,660 $48,230
2021 $2,630 $55,890 $7,660 $48,230
2020 $2,802 $55,890 $7,660 $48,230
2019 $2,630 $49,000 $7,660 $41,340
2018 $2,608 $49,000 $7,660 $41,340
2017 $2,610 $49,000 $7,660 $41,340
2016 $2,742 $49,160 $7,660 $41,500
2015 $2,339 $49,160 $7,660 $41,500
2014 $2,338 $49,160 $7,660 $41,500
2013 $2,338 $45,850 $5,930 $39,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1706539

MLS of Greater Cincinnati (CincyMLS)

APN: R8000-015-000-093