NOT LISTED FOR SALE

463 Pedretti Ave Cincinnati, OH 45238

Central Delhi Neighborhood
Studio
-- Bath
-- Sq Ft
0.85 Acres

Last Sold December 02, 2013

Last sale price $600,000

130 Days on Market

Highlights

  • 0.85 Acre Lot
  • Coin Laundry
  • Heating Available

About This Home

As of December 2013

Great investment opportunity. Nice two buildings with 44 total units. Tenants have individual HVAC units. Property can easily cash flow.

Last Agent to Sell the Property

William Zircher

Coldwell Banker Realty License #2005006518 Listed on: 06/14/2013

Last Buyer's Agent

Jesse Brewer

C.A.P. Real Estate Investment License #2008001602

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,161

Year Built

  • Built in 1961

Lot Details

  • 0.85

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing

Interior Spaces

  • 3-Story Property
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Parking

  • 50 Open Parking Spaces
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Maintenance Expense $24,162
  • Other Expense $35,206
  • Water Sewer Expense $23,594
  • Gross Income $128,840
  • Net Operating Income $39,044

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,161

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Suburb: Delhi Twp.
  • Cross Street: Delhi Pike
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: of record
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 214.01
  • Cooling: Window Unit
  • Heating: Individual
  • Lot Area Realist: 37157.00
  • Suburb S I C: Delhi Twp.
  • Price Per Acre: 703399.77
  • Year Built: 1961
  • Appliance Include: 44 refrig and 44 ovens
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: West 8th street to South on Pedretti OR Delhi Pike to North on Pedretti
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 44
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 39044.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 6832
  • Heat Paid: Tenant
  • Other Features: Wooded Lot
  • Reciprocal Listing: No
  • School Name1: Call SD 513-574-3200
  • Semi Annual Taxes: 5580.41
  • Waste Removal: 4830
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Aluminum, Insulated
  • One Bedroom Rent: 425.00
  • One Bedroom Sq Ft: 600
  • One Bedroom Number of Units: 44

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 1000000.00
  • Acres: 0.8530
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 50
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 23594

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 24162.00

Schools

  • District: Oak Hills Local SD

Lot Info

  • Lot Dimensions: 83x439
  • Lot Size Sq Ft: 37157.00

Multi Family

  • Gross Income: 128840.00
  • Other Expense: 35206
  • Total Buildings: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2014 03/03/14 Off Market $600,000 -- --
12/02/2013 12/02/13 Sold $600,000 -40.0% --
10/22/2013 10/22/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $1,000,000 -- --
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 $23,662 $294,956 $33,880 $261,076
2023 $23,296 $294,956 $33,880 $261,076
2022 $15,704 $185,581 $32,582 $152,999
2021 $15,591 $185,581 $32,582 $152,999
2020 $15,469 $185,581 $32,582 $152,999
2019 $15,243 $175,077 $30,737 $144,340
2018 $15,047 $175,077 $30,737 $144,340
2017 $13,869 $175,077 $30,737 $144,340
2016 $11,589 $142,650 $37,191 $105,459
2015 $11,482 $142,650 $37,191 $105,459
2014 $8,444 $105,000 $37,191 $67,809
2013 $12,270 $160,125 $40,425 $119,700
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    William Zircher

    Coldwell Banker Realty

  • Jesse Brewer

    Buyer's Agent in 2013

    Jesse Brewer

    C.A.P. Real Estate Investment

    (859) 283-5628

    8 Total Sales

    Jesse Brewer
    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1362122

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45238 Central Delhi

463 Pedretti Ave, Cincinnati, OH

Not Listed for Sale

Condos

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