$465,000
SOLD JUN 21, 2021
-- Bed
-- Bath
5,838 Sq Ft
0.79 Acres

Recently Sold

$80 Per Sq Ft

11% Below List Price

31 Days on Market

About This Home

As of April 2023

Amazing Investment Opportunity. 5 unit building, Each unit is a two story 3 bedroom unit w/their own entrance & front patio. Plenty of parking & a huge yard for kids to play in. Little Miami Schools & steps away from the Loveland Bike trail, Little Miami River & Downtown Morrow. Roof & Boiler all replaced within the last 10 years. 4 parcels of land totaling approximately 2.6 acres. Feels like you are in the country & steps away from the center of town with plenty of outdoor entertainment!

Last Agent to Sell the Property

Gillian Barnes

Keller Williams Advisors License #2011000308 Listed on: 04/16/2021

Keller Williams Advisors

Co-Listed By

David Barnes

Keller Williams Advisors License #2019007872

Last Buyer's Agent

Cindy Howard

Sibcy Cline, Inc. License #2005016631

Sibcy Cline, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $454

Year Built

  • Built in 1953

Parking

  • 20 Open Parking Spaces
  • 20 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 5,838 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Views of Woods
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Radiant Heating System
  • Separate Meters

Community Details

  • Insurance Expense $2,000
  • Gross Income $59,100
  • Net Operating Income $48,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$454

Year Built

Built in 1953

Lot Details

0

Parking

20

Listing Details

  • Suburb: Morrow
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Basement Sq Ft: 585
  • Census Tract Realist: 323.00
  • Cooling: None
  • Heating: Radiant, Hot Water
  • Lot Area Realist: 63162.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Morrow
  • Annual Assessment Amount: OF RECORD
  • Year Built: 1953
  • Appliance Include: 5 ovens, 5 Refrigerators
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: 22& 3 out of Morrow,on right as you go up hill
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Multi Fam 2-4 units
  • Street Direction: E
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 48912.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 1440
  • Heat Paid: Owner
  • Other Features: Wooded Lot
  • Reciprocal Listing: No
  • School Name1: Call SD 513-899-2264
  • Semi Annual Taxes: OF RECORD
  • Waste Removal: 840
  • Water Paid: Tenant
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 5838.00
  • Windows: Insulated, Vinyl
  • Three+ Bedroom Rent: 985.00
  • Three+ Bedroom Sq Ft: 1100
  • Three+ Bedroom Units: 5

Exterior Features

  • View: Woods
  • Roof: Shingle
  • Construction: Aluminum Siding
  • Foundation: Poured
  • Listing Price: 525000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 20.00
  • Parking Spaces: 20
  • Parking: Lot, Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 5908

Schools

  • District: Little Miami Local S

Lot Info

  • Lot Dimensions: OF RECORD
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 59100.00
  • Total Buildings: 1
  • Insurance: 2000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 20, 2023
Sold by
Dubrall Family Trust
Bought by
Bourbon Street Investments Llc
Seller's Agent
Michelle Parsley
Keller Williams Seven Hills
Buyer's Agent
Jamie Rudy
Coldwell Banker Heritage
List Price
$480,000
Sold Price
$451,000
Premium/Discount to List
-$29,000
-6.04%
Views
169

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 21, 2021
Sold by
Leland Real Estate Llc
Bought by
Dubrall Leroy and Dubrall Family Trust
Seller's Agent
Gillian Barnes
Keller Williams Advisors
Buyer's Agent
Cindy Howard
Sibcy Cline, Inc.
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.66%

Purchase Details

Closed on
Nov 16, 2017
Sold by
Future Investments J & M
Bought by
Leland Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.95%

Purchase Details

Closed on
Jun 22, 2010
Sold by
Pc Real Properties Llc
Bought by
Future Investments J & M Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 18, 2007
Sold by
Sagin Serdar S and Sagin Monika A
Bought by
Pc Real Properties Llc

Purchase Details

Closed on
May 12, 2006
Sold by
Kilburn Freda
Bought by
Sagin Serdar and Sagin Monika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 1996
Sold by
Lykins Marie
Bought by
Kilburn Freda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
8.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 1984
Sold by
Kilburn Kilburn and Kilburn Freda
Bought by
Freda Kilburn and Freda Freda
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fiduciary Deed $451,000 None Listed On Document
Warranty Deed $465,000 None Available
No Value Available -- --
Corporate Deed $230,000 Technetitle
Quit Claim Deed -- None Available
Deed $210,000 Old Town Title
Deed $120,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Previous Owner $30,000 Seller Take Back
Previous Owner $168,000 Purchase Money Mortgage
Previous Owner $135,900 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $451,000 -1.5% $77 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $458,000 -4.6% $78 / Sq Ft
02/07/2023 02/07/23 For Sale $480,000 +3.2% $82 / Sq Ft
09/20/2021 09/20/21 Off Market $465,000 -- --
06/21/2021 06/21/21 Sold $465,000 -11.4% $80 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $525,000 -- $90 / 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 $454 $7,610 $7,610 $210,588
2023 $461 $6,912 $6,912 $126,420
2022 $460 $6,913 $6,913 $0
2021 $453 $6,913 $6,913 $0
2020 $507 $6,913 $6,913 $0
2019 $515 $6,913 $6,913 $0
2018 $523 $6,913 $6,913 $0
2017 $508 $6,913 $6,913 $0
2016 $518 $6,913 $6,913 $0
2015 $485 $6,913 $6,913 $0
2014 $506 $6,910 $6,910 $0
2013 $498 $6,910 $6,910 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1696738

MLS of Greater Cincinnati (CincyMLS)

APN: 4807766