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

Sale Details

Date Sold: June 7, 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
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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

10,149 Sq Ft Lot

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

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

Closed on
Sep 2, 2021
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
$620,000
Outstanding Balance
$444,336
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jun 7, 2018
Sold by
Bought by
Seller's Agent
Scott Oyler
Coldwell Banker Realty
Buyer's Agent
Scott Oyler
Coldwell Banker Realty
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
-- None Available
-- None Available
$235,000 --
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
Open $620,000
Closed $620,000
Closed $432,000
Closed $384,000
Previous Owner $224,000
Previous Owner $240,000
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
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

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 $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

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1575395

MLS of Greater Cincinnati (CincyMLS)
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