$94,900
SOLD MAY 15, 2020

3925 Race Rd Cincinnati, OH 45211

-- Bed
-- Bath
1,664 Sq Ft
6,142 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

18 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of May 2020

Great Investment! New Furnace and Driveway! 2 car detached garage, parking in rear. Easy maintenance Vinyl siding. Two large, well maintained 1 bedroom units with excellent rent. Large basement. Located across from Bridgetown Jr High. Seller is a broker/owner.

Last Agent to Sell the Property

Jeanne Rieder

Hoeting, REALTORS License #0000382313 Listed on: 02/25/2020

Co-Listed By

Maria Nicolls

Hoeting, REALTORS License #2004009130

Last Buyer's Agent

Shannon Crutchfield

The All Purpose Brokerage License #2022004822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1903

Lot Details

  • 6,142 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

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

Home Design

  • Duplex
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Insurance Expense $600
  • Water Sewer Expense $800
  • Gross Income $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,471

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Suburb: Bridgetown
  • Cross Street: Raceview
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Basement Sq Ft: 832
  • Census Tract Realist: 210.01
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Lot Area Realist: 6142.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Bridgetown
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 673049.65
  • Year Built: 1903
  • Appliance Include: 2 Stoves. 2 Refrigerators
  • Separate Air Condi: No
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Race Road - across from Bridgetown Middle School
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Tenant Right
  • Second Floor Area: 832
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 1000
  • Heat Paid: Owner
  • Lease Information: 2nd floor lease until 7/2020
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • School Name1: Call SD 513-574-3200
  • Semi Annual Taxes: 735.70
  • Waste Removal: 600
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 1664.00
  • Windows: Insulated, Vinyl
  • One Bedroom Rent: 665.00
  • One Bedroom Number of Units: 2

Exterior Features

  • Roof: Slate
  • Construction: Vinyl Siding
  • Outside Features: Porch
  • Foundation: Poured
  • Listing Price: 94900.00
  • Acres: 0.1410
  • New Construction: No

Garage/Parking

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

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 800

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 1474

Schools

  • District: Oak Hills Local SD

Lot Info

  • Lot Dimensions: 50 x 120
  • Lot Size Sq Ft: 6142.00

Multi Family

  • Gross Income: 16000.00
  • Total Buildings: 1
  • Insurance: 600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
May 12, 2020
Sold by
Ostendorf Enterprises Llc
Bought by
Smith Arian L
Seller's Agent
Jeanne Rieder
Hoeting, REALTORS
Buyer's Agent
Shannon Crutchfield
The All Purpose Brokerage
List Price
$94,900
Sold Price
$94,900
Current Estimated Value
$195,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,050
Avg. Annual Appreciation
14.40%
Original Mortgage
$90,100
Outstanding Balance
$79,841
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$116,109

Purchase Details

Listed on
Mar 28, 2019
Closed on
Apr 24, 2019
Sold by
Betty J Bommer Martial Trust
Bought by
Ostendorf Enterprises Llc
Seller's Agent
Dan Yazell
OwnerLand Realty, Inc.
Buyer's Agent
Matt Ostendorf
Renovated Realty, LLC
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.42%
Original Mortgage
$100,000
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $94,900 Prodigy Title Agency
Deed $62,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $90,100 New Conventional
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2020 08/16/20 Off Market $94,900 -- --
05/15/2020 05/15/20 Sold $94,900 0.0% $57 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
02/25/2020 02/25/20 For Sale $94,900 +53.1% $57 / Sq Ft
07/25/2019 07/25/19 Off Market $62,000 -- --
04/24/2019 04/24/19 Sold $62,000 -11.3% $37 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $69,900 -- $42 / 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 $2,528 $47,128 $8,855 $38,273
2023 $2,405 $47,128 $8,855 $38,273
2022 $2,000 $33,215 $8,624 $24,591
2021 $1,797 $33,215 $8,624 $24,591
2020 $1,820 $33,215 $8,624 $24,591
2019 $1,485 $23,877 $7,700 $16,177
2018 $1,487 $23,877 $7,700 $16,177
2017 $1,420 $23,877 $7,700 $16,177
2016 $1,722 $28,662 $7,623 $21,039
2015 $1,714 $28,662 $7,623 $21,039
2014 $1,713 $28,662 $7,623 $21,039
2013 $1,621 $28,952 $7,700 $21,252
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1652900

MLS of Greater Cincinnati (CincyMLS)

APN: 550-0121-0017