NOT LISTED FOR SALE

3844 Gordon Dr Amelia, OH 45102

Estimated Value: $285,580

4 Beds
2 Baths
1,965 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $275,000 $140 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,875/month

30 Days on Market

Highlights

  • Porch
  • Patio
  • Central Air

About This Home

As of May 2024

Unique investment opportunity! Positive cash flow. Single family, duplex, and commercial garage. Commercial garage has long term lease with annual rent increases. 2 of 3 residential units already remodeled. Super convenient to 125. Owner/Agent.

Last Agent to Sell the Property

George Thompson

Plum Tree Realty License #0000171545 Listed on: 02/27/2024

Plum Tree Realty

Co-Listed By

Scott Landers

Plum Tree Realty License #2017005060

Last Buyer's Agent

George Koesterman

Keller Williams Advisors License #2014000004

Keller Williams Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 1880

Lot Details

  • 0.52 Acre Lot
  • Aluminum or Metal Fence

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,965 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Natural Gas Not Available

Community Details

  • Insurance Expense $2,109
  • Maintenance Expense $900
  • Other Expense $1,200
  • Water Sewer Expense $504
  • Gross Income $42,180
  • Net Operating Income $32,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,258

Year Built

Built in 1880

Lot Details

0

Parking

6

Listing Details

  • Suburb: Union Twp.
  • Cross Street: McMANN
  • Broker Approved: Yes
  • Census Tract Realist: 412.02
  • Cooling: Central Air, Window Unit
  • Heating: Electric
  • Lot Area Realist: 22651.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Union Twp.
  • Annual Assessment Amount: OF RECORD
  • Price Per Acre: 528846.15
  • Year Built: 1880
  • Directions: 125 East to left on Merwin Ten Mile, to right McMann, right on Gordon
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Side-by-Side
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 32609.00
  • Property Type: Residential Income
  • Other Features: Cul De Sac
  • Reciprocal Listing: No
  • Semi Annual Taxes: 2129
  • Waste Removal: 600
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 1965.00
  • Windows: Wood, Aluminum, Insulated
  • One Bedroom Rent: 850.00
  • One Bedroom Number of Units: 1
  • Two Bedroom Rent: 1800.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Aluminum Siding
  • Outside Features: Patio, Porch, Metal Fence
  • Foundation: Block
  • Listing Price: 314250.00
  • Acres: 0.5200
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 6.00
  • Parking Spaces: 6
  • Parking: Lot, Private

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 504

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 900.00

Fee Information

  • Taxes: 4258

Schools

  • District: West Clermont Local

Lot Info

  • Lot Size Sq Ft: 22651.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Rent: 865.00
  • Gross Income: 42180.00
  • Other Expense: 1200
  • Total Buildings: 3
  • Insurance: 2109.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
May 6, 2024
Sold by
Islanders Properties Llc
Bought by
Singing Frog Properties Llc
Seller's Agent
George Thompson
Plum Tree Realty
Buyer's Agent
George Koesterman
Keller Williams Advisors
List Price
$314,250
Sold Price
$275,000
Premium/Discount to List
-$39,250
-12.49%
Views
106
Current Estimated Value
$285,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,580
Avg. Annual Appreciation
2.84%
Original Mortgage
$220,000
Outstanding Balance
$217,270
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$68,310

Purchase Details

Closed on
Dec 7, 2021
Sold by
Mgh Ventures Llc
Bought by
Islanders Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2008
Sold by
Doyle Richard P and Doyle Kathleen A
Bought by
Doyle Richard Patrick and Doyle Kathleen Ann

Purchase Details

Closed on
Jul 23, 1998
Sold by
Schwiermann Agnes
Bought by
Doyle Richard P

Purchase Details

Closed on
Jul 7, 1995
Sold by
Klekamp H Wayne
Bought by
Diehl Timothy D and Diehl Beverly B
Source: Public Records

Range of Values:

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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
Singing Frog Properties Llc $275,000 Tandem Title
Islanders Properties Llc $190,000 Tandem Title Agency Llc
Doyle Richard Patrick -- Attorney
Doyle Richard P $45,000 --
Diehl Timothy D $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singing Frog Properties Llc $220,000
Previous Owner Islanders Properties Llc $152,000
Previous Owner M G H Ventures Llc $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $275,000 -12.5% $140 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $314,250 -- $160 / 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 $4,231 $62,340 $21,770 $40,570
2023 $4,257 $62,410 $21,840 $40,570
2022 $3,808 $52,570 $21,840 $30,730
2021 $3,848 $52,570 $21,840 $30,730
2020 $3,813 $52,570 $21,840 $30,730
2019 $2,906 $45,930 $12,920 $33,010
2018 $2,948 $45,930 $12,920 $33,010
2017 $2,924 $45,930 $12,920 $33,010
2016 $2,924 $42,390 $12,920 $29,470
2015 $2,255 $42,390 $12,920 $29,470
2014 $2,255 $42,390 $12,920 $29,470
2013 $1,859 $36,820 $14,280 $22,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1797359

MLS of Greater Cincinnati (CincyMLS)

APN: 41-31-12B-188