NOT LISTED FOR SALE

38 Clay St Cincinnati, OH 45217

-- Bed
-- Bath
1,760 Sq Ft
1942 Built

Last Sold March 29, 2017

Last sale price $121,000 $69 Per Sq Ft

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Coin Laundry
  • 1-minute walk to Ross Park
  • Hot Water Heating System

About This Home

As of March 2017

Great investment for side by side buildings, or individually! All fully occupied and clean! Yields approx $11,500 annually!

Last Agent to Sell the Property

Laurie Cobb

Legacies Realty, LLC License #2016000632 Listed on: 03/03/2017

Last Buyer's Agent

James Kawa

OwnerLand Realty, Inc. License #2004020316

OwnerLand Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,506

Year Built

  • Built in 1942

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Cable TV Available

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,200
  • Water Sewer Expense $1,920
  • Gross Income $23,040
  • Net Operating Income $11,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,506

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Suburb: Reading
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry, Cable TV
  • Cooling: Window Unit
  • Heating: Gas, Hot Water
  • Suburb S I C: Reading
  • Year Built: 1942
  • Appliance Include: Refrigerator, Stove
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Reading Rd to Gahl Terrace
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 11500.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 2000
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-554-1800
  • Semi Annual Taxes: 1,752.94
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Insulated, Vinyl
  • One Bedroom Rent: 495.00
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 129900.00
  • New Construction: No

Garage/Parking

  • Garage: Detached, Rear
  • Garage Spaces: 2.00
  • Parking Spaces: 2
  • Parking: Assigned

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1920

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 3133

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Dimensions: Irreg

Multi Family

  • Gross Income: 23040.00
  • Total Buildings: 1
  • Insurance: 1200.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Off Market $121,000 -- --
03/29/2017 03/29/17 Sold $121,000 -6.9% $69 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $129,900 -- $74 / 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
2023 $2,872 $55,073 $9,006 $46,067
2022 $1,649 $20,952 $7,025 $13,927
2021 $1,658 $20,952 $7,025 $13,927
2020 $1,617 $20,952 $7,025 $13,927
2019 $1,505 $17,907 $6,003 $11,904
2018 $1,529 $17,907 $6,003 $11,904
2017 $1,422 $17,907 $6,003 $11,904
2016 $998 $12,622 $7,074 $5,548
2015 $937 $12,622 $7,074 $5,548
2014 $936 $12,622 $7,074 $5,548
2013 $958 $13,283 $7,445 $5,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1528137

MLS of Greater Cincinnati (CincyMLS)

APN: 582-0005-0057-00