NOT LISTED FOR SALE

3947 Beech St Cincinnati, OH 45227

Estimated Value: $191,000 - $286,000

2 Beds
2 Baths
920 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $510,000 $554 Per Sq Ft

Current estimated payment $1,455/month

9 Days on Market

Highlights

  • City View
  • 4 Car Detached Garage
  • Patio
  • Terrace Park Elementary School Rated A+
  • Porch
  • 1-minute walk to Murray Path

About This Home

As of December 2017

3680 fin sq ft. Great investment opp in Mariemont, fully rented, 4 all brick, 2 Bd/1Ba 2 sty townhomes, full bsmt w/W/D hookups. Each unit w/1 det garage & 1 dedicated off street parking space. Well maintained, Low maintenance & great rental history. All HW except in Kit, stairs & 2nd flr hallway. Concrete block between each unit. New roof in 2006.

Last Agent to Sell the Property

Trisha Sunderhaus

Coldwell Banker Realty License #0000424080 Listed on: 11/06/2017

Coldwell Banker Realty

Last Buyer's Agent

Leah Thamann

Coldwell Banker Realty License #2017001073

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,146

Year Built

  • Built in 1955

Lot Details

  • Privacy Fence

Parking

  • 4 Car Detached Garage
  • 4 Open Parking Spaces
  • Rear-Facing Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 920 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Double Hung Windows
  • City Views
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Cable TV Available

Community Details

  • Insurance Expense $2,300
  • Gross Income $54,240
  • Net Operating Income $40,586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,146

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Suburb: Mariemont
  • Cross Street: Murray
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Cable TV, Individual Laundry
  • Census Tract Realist: 248.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 15028.00
  • Suburb S I C: Mariemont
  • Year Built: 1955
  • Appliance Include: 4 Dishwashers, oven/range, fridge, micro
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Redbank to Route 50 East to L on Beech
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Side-by-Side
  • Occupancy: Tenant Right
  • Second Floor Area: 460
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Net Operating Income: 40586.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 216
  • Heat Paid: Tenant
  • Lease Information: Month to month
  • Other Features: Corner Lot
  • Other Tax Parcel I D: 527-0040-0458-00, 0455, 0355, 0456, 0457
  • Reciprocal Listing: No
  • School Name1: Call SD 513-272-7500
  • Semi Annual Taxes: 5573.00
  • Water Paid: Tenant
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 920.00
  • Street Number Modifier: 3947
  • Windows: Insulated, Double Hung, Vinyl
  • Two Bedroom Rent: 1133.75
  • Two Bedroom Sq Ft: 980
  • Two Bedroom Units: 4

Exterior Features

  • View: City
  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Patio, Porch, Privacy Fence
  • Foundation: Poured
  • Listing Price: 599000.00
  • New Construction: No

Garage/Parking

  • Garage: Detached, Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Garage, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 11138

Schools

  • District: Mariemont City SD

Lot Info

  • Lot Dimensions: Irregular

Multi Family

  • Gross Income: 54240.00
  • Total Buildings: 1
  • Insurance: 2300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 18, 2017
Sold by
Brinker Nicolas
Bought by
Fairway Management Llc
Seller's Agent
Trisha Sunderhaus
Coldwell Banker Realty
Buyer's Agent
Leah Thamann
Coldwell Banker Realty
List Price
$599,000
Sold Price
$510,000
Premium/Discount to List
-$89,000
-14.86%
Current Estimated Value
$225,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$284,535
Avg. Annual Appreciation
-9.64%

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 14, 2017
Sold by
Grier John R and Grier Brenda Terry
Bought by
Brinker Nicholas
Seller's Agent
Trisha Sunderhaus
Coldwell Banker Realty
Buyer's Agent
Leah Thamann
Coldwell Banker Realty
List Price
$599,000
Sold Price
$510,000
Premium/Discount to List
-$89,000
-14.86%

Purchase Details

Closed on
Jun 26, 2007
Sold by
Grier John R and Grier Brenda Terry
Bought by
Grier John R and Grier Brenda Terry
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Fairway Management Llc -- None Available
Brinker Nicholas $510,000 None Available
Grier John R -- None Available
Grier John R -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Off Market $510,000 -- --
12/14/2017 12/14/17 Sold $510,000 -14.9% $554 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $599,000 -- $651 / 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 $3,291 $45,563 $10,500 $35,063
2023 $2,994 $45,563 $10,500 $35,063
2022 $3,523 $45,511 $11,970 $33,541
2021 $3,505 $45,511 $11,970 $33,541
2020 $3,458 $45,511 $11,970 $33,541
2019 $3,502 $41,874 $10,500 $31,374
2018 $3,498 $41,874 $10,500 $31,374
2017 $3,030 $41,874 $10,500 $31,374
2016 $2,850 $38,500 $10,500 $28,000
2015 $2,838 $38,500 $10,500 $28,000
2014 $2,836 $38,500 $10,500 $28,000
2013 $2,713 $38,500 $10,500 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1559627

MLS of Greater Cincinnati (CincyMLS)

APN: 527-0040-0458