NOT LISTED FOR SALE

3917 E Gatewood Ln Cincinnati, OH 45236

Silverton Area
6 Beds
4 Baths
3,196 Sq Ft
6,926 Sq Ft Lot

Sale Details

Date Sold: July 30, 2021

Last sale price $282,500 $88 Per Sq Ft

10 Days on Market

Highlights

  • Hot Water Heating System
  • 4 Car Garage
  • Heating System Uses Steam
  • Walnut Hills High School Rated A+

About This Home

As of July 2021

Sought after rental property in Silverton. Units 1 & 2 are fully renovated, Unit 3 partially renovated. Costs = $21,077. New Roof 10/2019. Garage space & Storage locker for each unit. 6 beds / 4 baths $3025 per month rent (does not include RUBS) Residential Utility billing implemented for water/sewer as of 1/2021 energy efficient gas boiler + replacement windows. Offers must be accompanied with a lender's letter and proof of funds to close. GRM = 8.65

Last Agent to Sell the Property

Robert Merkt

OwnerLand Realty, Inc. License #2012003375 Listed on: 05/24/2021

OwnerLand Realty, Inc.

Last Buyer's Agent

Andre Bourne

Keller Williams Advisors License #2021000250

Keller Williams Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,708

Year Built

  • Built in 1953

Lot Details

  • 6,926 Sq Ft Lot
  • Lot Dimensions are 48 x 138

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Steam
  • Separate Meters

Community Details

  • Gross Income $3,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,708

Year Built

Built in 1953

Lot Details

6,926 Sq Ft Lot

Parking

4

Listing Details

  • Suburb: Silverton
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: Wall Unit
  • Heating: Electric, Steam, Hot Water
  • Suburb S I C: Silverton
  • Price Per Acre: 1776729.56
  • Public Transportn: Cincinnati Metro
  • Year Built: 1953
  • Appliance Include: Refrigerators, Stoves and Wall Unit A/C
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Montgomery Road, turn right on Section Road, turn right on Ohio Avenue, right on East Gatewood Lane.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • Street Direction: E
  • StructureType: Quad
  • Occupancy: Tenant Right
  • Second Floor Area: 1598
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: No
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2354
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3196.00
  • Windows: Vinyl
  • One Bedroom Rent: 700.00
  • One Bedroom Sq Ft: 650
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 799.00
  • Two Bedroom Sq Ft: 750
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 320000.00
  • Acres: 0.1590
  • New Construction: No

Garage/Parking

  • Garage: Attached,Built in,Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Garage, Onstreet, 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: 48 X 138
  • Lot Size Sq Ft: 6926.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 3025.00
  • Total Buildings: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 30, 2021
Sold by
Bought by
Seller's Agent
Robert Merkt
OwnerLand Realty, Inc.
Buyer's Agent
Andre Bourne
Keller Williams Advisors
List Price
$320,000
Sold Price
$282,500
Premium/Discount to List
-$37,500
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Outstanding Balance
$244,534
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,325
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 6, 2015
Sold by
Bought by
Seller's Agent
Karan Heuer
Coldwell Banker Realty
Buyer's Agent
Joseph Garcia
Plum Tree Realty
List Price
$142,000
Sold Price
$129,000
Premium/Discount to List
-$13,000
-9.15%

Purchase Details

Closed on
Jan 13, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$282,500 Fletcher Michael C
$550,000 None Available
$129,000 Attorney
$105,000 None Available
-- Attorney
$160,000 Ltoc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $8,293
Open $14,537
Open $274,928
Previous Owner $1,018,500
Previous Owner $378,325
Previous Owner $136,700
Previous Owner $121,000
Previous Owner $128,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2021 10/31/21 Off Market $282,500 -- --
07/30/2021 07/30/21 Sold $282,500 -11.7% $88 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $320,000 +148.1% $100 / Sq Ft
09/23/2015 09/23/15 Off Market $129,000 -- --
03/06/2015 03/06/15 Sold $129,000 -9.2% -- View Prior Sale
02/20/2015 02/20/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $142,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,372 $98,875 $10,640 $88,235
2024 $8,013 $98,875 $10,640 $88,235
2023 $7,993 $98,875 $10,640 $88,235
2022 $4,817 $52,375 $10,231 $42,144
2021 $4,773 $52,375 $10,231 $42,144
2020 $4,722 $52,375 $10,231 $42,144
2019 $4,465 $45,150 $8,820 $36,330
2018 $4,481 $45,150 $8,820 $36,330
2017 $4,360 $45,150 $8,820 $36,330
2016 $4,905 $49,483 $8,113 $41,370
2015 $4,517 $49,483 $8,113 $41,370
2014 $4,530 $49,483 $8,113 $41,370
2013 $4,920 $53,788 $8,820 $44,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1701481

MLS of Greater Cincinnati (CincyMLS)
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