NOT LISTED FOR SALE

4227 Tower Ave Cincinnati, OH 45217

2 Beds
2 Baths
2,150 Sq Ft
-- Built

Sale Details

Date Sold: March 2, 2018

Last sale price $118,000 $55 Per Sq Ft

4 Days on Market

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • Coin Laundry
  • 2 Car Detached Garage

About This Home

As of March 2018

Cash flowing turn key rental property. Two newly renovated apartments ready for your tenants or owner occupants. All new flooring, paint, cabinets, counter tops. Zero deferred maintenance on this building. Large one and two bedroom apartments with large kitchen and tons of storage. Coin laundry + garage. Separated utilities, owner only pays water!

Last Agent to Sell the Property

Joseph Cornwell

OwnerLand Realty, Inc. License #2016004000 Listed on: 01/29/2018

OwnerLand Realty, Inc.

Last Buyer's Agent

Laura Zembrodt

Comey & Shepherd License #2015003471

Comey & Shepherd

Property Details

Home Type

  • Multi-Family

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • 3-Story Property
  • Non-Functioning Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • City Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • $2 Total Annual Tax

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,000
  • Water Sewer Expense $1,800
  • Gross Income $21,600
  • Net Operating Income $15,341

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Suburb: St. Bernard
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry, Cable TV, Smoke Alarm
  • Census Tract Realist: 258.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 6447.00
  • Suburb S I C: St. Bernard
  • School 1 Type: District Phone
  • Directions: I75 to W Mitchell Ave follow to turn L on Tower Ave
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: At Closing
  • Second Floor Area: 1060
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 15341.00
  • Property Type: Residential Income
  • Year Built Exception: Unknown
  • Gasand Electric: 876
  • Heat Paid: Tenant
  • Lease Information: Unit 1 is MTM, long term Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-482-7121
  • Semi Annual Taxes: $1,379.49
  • Water Paid: Owner
  • Basement: Full
  • Fireplaces: 1
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 2150.00
  • Windows: Double Hung, Vinyl
  • One Bedroom Rent: 550.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 650.00
  • Two Bedroom Units: 1

Exterior Features

  • View: City
  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Foundation: Block
  • Listing Price: 120000.00
  • New Construction: No

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00
  • Parking Spaces: 3
  • Parking: Onstreet, Off Street, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1800

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 2759

Schools

  • District: St Bernard Elmwood P

Lot Info

  • Lot Dimensions: Of Record

Multi Family

  • Gross Income: 21600.00
  • Total Buildings: 1
  • Insurance: 1000.00

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
Jan 29, 2018
Closed on
Mar 5, 2018
Sold by
Bought by
Seller's Agent
Joseph Cornwell
OwnerLand Realty, Inc.
Buyer's Agent
Laura Zembrodt
Comey & Shepherd
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Purchase Details

Closed on
Jun 29, 2004
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
$108,000
Interest Rate
0.0639%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 1999
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
$80,000
Interest Rate
0.0808%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 2, 1998
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
$94,400
Interest Rate
0.0722%

Purchase Details

Closed on
May 20, 1997
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
$118,000 None Available
-- --
-- --
$73,500 --
-- --
-- --
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
Closed $162,500
Closed $96,000
Closed $108,000
Closed $108,000
Closed $80,000
Closed $94,400
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
06/04/2018 06/04/18 Off Market $118,000 -- --
03/02/2018 03/02/18 Sold $118,000 -1.7% $55 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/29/2018 01/29/18 For Sale $120,000 -- $56 / Sq Ft
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 $4,227 $66,714 $11,970 $54,744
2023 $4,266 $66,714 $11,970 $54,744
2022 $3,391 $41,300 $9,338 $31,962
2021 $3,378 $41,300 $9,338 $31,962
2020 $3,255 $41,300 $9,338 $31,962
2019 $3,049 $33,618 $7,980 $25,638
2018 $3,093 $33,618 $7,980 $25,638
2017 $2,760 $33,618 $7,980 $25,638
2016 $1,767 $21,315 $9,401 $11,914
2015 $1,643 $21,315 $9,401 $11,914
2014 $1,640 $21,315 $9,401 $11,914
2013 $1,678 $22,436 $9,895 $12,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1566022

MLS of Greater Cincinnati (CincyMLS)

APN: 582-0014-0063-00

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