NOT LISTED FOR SALE

4501 Vine St Cincinnati, OH 45217

Estimated Value: $470,114

-- Bed
6 Baths
-- Sq Ft
3,441 Sq Ft Lot

Last Sold January 06, 2017

Last sale price $235,000

Est. 100% increase in value since last sale

Current estimated payment $3,021/month

76 Days on Market

About This Home

As of January 2017

Freestanding building with (5) apartments with a full basement with laundry. All units are rented with three long term tenants. Separate utilities. Also includes a newly remodeled restaurant on main floor. All FF&E included in the sale for the restaurant. Earn income form apartments and lease out restaurant space. Perfect for Owner or Investor.

Last Agent to Sell the Property

Melissa Whitehead

The Everest Group, Inc. License #2003019274 Listed on: 08/02/2016

Last Buyer's Agent

Melissa Whitehead

The Everest Group, Inc. License #2003019274 Listed on: 08/02/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,020

Year Built

  • Built in 1900

Lot Details

  • 3,441

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Double Hung Windows
  • Basement Fills Entire Space Under The House

Parking

  • 3 Open Parking Spaces
  • Public Parking
  • On-Street Parking

Utilities

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

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,675
  • Water Sewer Expense $3,085
  • Gross Income $19,500
  • Net Operating Income $11,240

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,020

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Suburb: St. Bernard
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 258.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 3441.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: St. Bernard
  • Annual Assessment Amount: Of record
  • Price Per Acre: 2974683.54
  • Public Transportn: Busline
  • Year Built: 1900
  • Appliance Include: Stove & refrigerator
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: I-75 to Mitchell to Vine. At the intersection of Vine & Bertus.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 11240.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Efficiency Sq Ft: 578
  • Gasand Electric: 3500
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-482-7121
  • Semi Annual Taxes: $3010.52
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Aluminum, Double Hung

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Foundation: Stone
  • Listing Price: 260000.00
  • Acres: 0.0790
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 3
  • Parking: Public, Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 3085

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 2980

Schools

  • District: St Bernard Elmwood P

Lot Info

  • Lot Dimensions: 35 x 120
  • Lot Size Sq Ft: 3441.00

Multi Family

  • Efficiency Rent: 350.00
  • Efficiency Units: 5
  • Gross Income: 19500.00
  • Total Buildings: 1
  • Insurance: 1675.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2016
Closed on
Jan 6, 2017
Sold by
Roll William N
Bought by
Jiang Qi
Seller's Agent
Melissa Whitehead
The Everest Group, Inc.
Buyer's Agent
Melissa Whitehead
The Everest Group, Inc.
List Price
$260,000
Sold Price
$235,000
Premium/Discount to List
-$25,000
-9.62%
Current Estimated Value
$470,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,114
Avg. Annual Appreciation
8.24%
Original Mortgage
$160,000
Outstanding Balance
$131,514
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$338,600
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 Buyer Sale Price Title Company
Jiang Qi $235,000 Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Qi $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2017 04/09/17 Off Market $235,000 -- --
01/06/2017 01/06/17 Sold $235,000 -9.6% --
10/17/2016 10/17/16 Pending -- -- --
10/05/2016 10/05/16 For Sale $260,000 +62.5% --
08/10/2016 08/10/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $160,000 -- --
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 $6,339 $80,714 $8,225 $72,489
2023 $6,459 $80,714 $8,225 $72,489
2022 $8,518 $84,718 $7,739 $76,979
2021 $8,327 $84,718 $7,739 $76,979
2020 $8,049 $84,718 $7,739 $76,979
2019 $8,363 $82,251 $7,515 $74,736
2018 $8,484 $82,251 $7,515 $74,736
2017 $8,049 $82,251 $7,515 $74,736
2016 $3,188 $33,299 $7,707 $25,592
2015 $3,011 $33,299 $7,707 $25,592
2014 $2,980 $33,299 $7,707 $25,592
2013 $2,974 $33,979 $7,865 $26,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1505611

MLS of Greater Cincinnati (CincyMLS)

APN: 582-0007-0150