NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
10,149 Sq Ft Lot

Last Sold June 07, 2018

Last sale price $480,000

6 Days on Market

About This Home

As of June 2018

10 units 100% occupied with strong rental history. Convenient location between Redbank & Ridge, on Oakley Madisonville border. 9-1BR units and 1-2BR unit. Same owner for over 20 years. Meticulously maintained. New windows, new asphalt parking lot, new sidewalk, new roof. Savvy investors will take advantage of the below-market rents.

Last Agent to Sell the Property

Scott Oyler

Coldwell Banker Realty License #2003011808 Listed on: 04/16/2018

Coldwell Banker Realty

Co-Listed By

Jay Ashmore

Coldwell Banker Realty License #2015002305

Last Buyer's Agent

Scott Oyler

Coldwell Banker Realty License #2003011808 Listed on: 04/16/2018

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,020

Year Built

  • Built in 1967

Lot Details

  • 10,149

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Membrane Roofing

Interior Spaces

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

Parking

  • 9 Open Parking Spaces
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Insurance Expense $2,146
  • Water Sewer Expense $4,119
  • Gross Income $50,280
  • Net Operating Income $33,782

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,020

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Suburb: Madisonville
  • Cross Street: Oaklawn
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Suburb S I C: Madisonville
  • Price Per Acre: 2060085.84
  • Year Built: 1967
  • School 1 Type: District Phone
  • Directions: On Madison between Redbank and Ridge.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 10
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: At Closing
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 33782.00
  • Property Type: Residential Income
  • Gasand Electric: 2205
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 4009.86
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl
  • One Bedroom Rent: 425.00
  • One Bedroom Number of Units: 9
  • Two Bedroom Rent: 485.00
  • Two Bedroom Units: 1

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 495000.00
  • Acres: 0.2330
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 9
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 4119

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 8028

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: Irreg 58x115
  • Lot Size Sq Ft: 10149.00

Multi Family

  • Gross Income: 50280.00
  • Total Buildings: 1
  • Insurance: 2146.00
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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
09/05/2018 09/05/18 Off Market $480,000 -- --
06/07/2018 06/07/18 Sold $480,000 -3.0% --
04/22/2018 04/22/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $495,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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
2025 $9,344 $112,399 $23,800 $88,599
2024 $9,282 $112,399 $23,800 $88,599
2023 $9,258 $112,399 $23,800 $88,599
2022 $8,502 $93,507 $20,717 $72,790
2021 $8,344 $93,507 $20,717 $72,790
2020 $8,353 $93,507 $20,717 $72,790
2019 $8,298 $85,785 $19,005 $66,780
2018 $8,302 $85,785 $19,005 $66,780
2017 $8,040 $85,785 $19,005 $66,780
2016 $8,260 $86,370 $18,820 $67,550
2015 $7,590 $86,370 $18,820 $67,550
2014 $7,615 $86,370 $18,820 $67,550
2013 $8,122 $91,882 $20,020 $71,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1575395

MLS of Greater Cincinnati (CincyMLS)