NOT LISTED FOR SALE

3621 Michigan Ave Cincinnati, OH 45208

Hyde Park Neighborhood

Estimated Value: $790,000 - $1,058,000

5 Beds
5 Baths
1,608 Sq Ft
$583/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $260,000 $162 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $5,844/month

30 Days on Market

About This Home

As of July 2017

Rehabbed 2 family blocks from the Square. Rare investment opportunity. Owner/Agent

Last Agent to Sell the Property

Matt Painter

OwnerLand Realty, Inc. License #2006000919 Listed on: 04/17/2017

Last Buyer's Agent

Victoria Aina

OwnerLand Realty, Inc. License #2013001604

OwnerLand Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Non-Functioning Fireplace
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0 Sq Ft Lot

Listing Details

  • Suburb: Hyde Park
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 50.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 6665.00
  • Suburb S I C: Hyde Park
  • Year Built: 1905
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Wasson to Michigan.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Tenant Right
  • Second Floor Area: 828
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: of record
  • Basement: Full
  • Fireplaces: 1
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 1608.00
  • Windows: Insulated
  • One Bedroom Rent: 750.00
  • One Bedroom Number of Units: 1
  • Three+ Bedroom Rent: 1695.00

Exterior Features

  • Roof: Shingle
  • Construction: Vinyl Siding, Stone
  • Foundation: Poured
  • Listing Price: 299900.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Off Street, Driveway

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: of record

Multi Family

  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jul 13, 2017
Sold by
Probasco Holdings Llc
Bought by
Onikede Solomon
Seller's Agent
Matt Painter
OwnerLand Realty, Inc.
Buyer's Agent
Victoria Aina
OwnerLand Realty, Inc.
List Price
$299,900
Sold Price
$260,000
Premium/Discount to List
-$39,900
-13.3%
Current Estimated Value
$938,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,003
Avg. Annual Appreciation
16.09%
Original Mortgage
$226,950
Outstanding Balance
$187,462
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$750,541

Purchase Details

Closed on
Apr 27, 2017
Sold by
Painter Mitchell D
Bought by
Probasco Holdings Llc

Purchase Details

Closed on
Apr 10, 2017
Sold by
Probasco Holdings Llc
Bought by
Painter Mitchell D

Purchase Details

Closed on
May 2, 2012
Sold by
Mcclellan Mark A
Bought by
Masfi James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 2012
Sold by
Masfi James
Bought by
Probasco Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 1995
Sold by
Shanlor Company
Bought by
Mcclellan Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,450
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Onikede Solomon $280,000 Freestate Title Consultants
Probasco Holdings Llc -- --
Painter Mitchell D -- --
Masfi James $115,000 Terry Monnie Title
Probasco Holdings Llc $120,000 Terry Monnie Title
Mcclellan Mark A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onikede Solomon $226,950
Previous Owner Probasco Holdings Llc $120,000
Previous Owner Mcclellan Mark A $123,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2017 10/25/17 Off Market $260,000 -- --
07/13/2017 07/13/17 Sold $260,000 -13.3% $162 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $299,900 -- $187 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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
2025 $10,388 $257,068 $66,283 $190,785
2024 $10,374 $257,068 $66,283 $190,785
2023 $10,392 $257,068 $66,283 $190,785
2022 $19,684 $276,770 $98,000 $178,770
2021 $15,346 $218,750 $98,000 $120,750
2020 $15,390 $218,750 $98,000 $120,750
2019 $3,188 $87,070 $41,731 $45,339
2018 $6,483 $87,070 $41,731 $45,339
2017 $6,405 $87,070 $41,731 $45,339
2016 $5,071 $67,221 $32,949 $34,272
2015 $4,532 $67,221 $32,949 $34,272
2014 $4,395 $67,221 $32,949 $34,272
2013 $4,472 $67,221 $32,949 $34,272
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Matt Painter

    OwnerLand Realty, Inc.

    Section Image

  • V

    Buyer's Agent in 2017

    Victoria Aina

    OwnerLand Realty, Inc.

    4 Total Sales

    Victoria Aina
    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1533453

MLS of Greater Cincinnati (CincyMLS)

APN: 041-0001-0049

Ohio Hamilton County Cincinnati 45208 Hyde Park

3621 Michigan Ave, Cincinnati, OH

Not Listed for Sale

MultiFamily

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