NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
1960 Built

Sale Details

Date Sold: August 31, 2019

Last sale price $1,000,000

4 Days on Market

About This Home

As of August 2019

BRICK 20 (2 bed RM) units in the heart of Maddisonville. Within walking distance to MedPace. Long rental history. Some units updated with plenty of upside with renovation. Each unit apprx 650 sq.ft. HVAC via boiler heat & thru wall AC units. On site laundry. Off street parking. Records available with serious inquiries. Estimated 8% to 10% cap rate.

Last Agent to Sell the Property

Kevin Macey

Prime Life Realty LLC License #2019007803 Listed on: 07/17/2019

Last Buyer's Agent

Kevin Macey

Prime Life Realty LLC License #2019007803 Listed on: 07/17/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,000

Year Built

  • Built in 1960

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

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

Parking

  • 20 Open Parking Spaces
  • On-Street Parking
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $3,800
  • Maintenance Expense $3,500
  • Water Sewer Expense $12,000
  • Gross Income $160,200
  • Net Operating Income $102,040

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,000

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Suburb: Madisonville
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 55.00
  • Cooling: Wall Unit
  • Heating: Gas, Steam
  • Lot Area Realist: 12458.00
  • Suburb S I C: Madisonville
  • Public Transportn: YES
  • Year Built: 1960
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Madison Road to Stewart
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 20
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 102040.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 15660
  • Gasand Electric: 4700
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 7500
  • Waste Removal: 3600
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Street Number Modifier: 4824
  • Windows: Vinyl
  • Two Bedroom Sq Ft: 650
  • Two Bedroom Units: 20

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 1000000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 20
  • Parking: Lot, Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 12000

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 3500.00

Fee Information

  • Taxes: 14900

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 140*180

Multi Family

  • Gross Income: 160200.00
  • Total Buildings: 2
  • Insurance: 3800.00

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

Listed on
Jul 17, 2019
Closed on
Aug 28, 2019
Sold by
Bought by
Seller's Agent
Kevin Macey
Prime Life Realty LLC
Buyer's Agent
Kevin Macey
Prime Life Realty LLC
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
0.038%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2013
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,000,000 None Available
-- Attorney
-- None Available
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 $2,108,000
Closed $900,000
Closed $800,000
Previous Owner $350,000
Previous Owner $130,851
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
12/01/2019 12/01/19 Off Market $1,000,000 -- --
08/31/2019 08/31/19 Sold $1,000,000 0.0% --
07/21/2019 07/21/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $1,000,000 -- --
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 $13,306 $160,328 $22,050 $138,278
2024 $13,217 $160,328 $22,050 $138,278
2023 $13,183 $160,328 $22,050 $138,278
2022 $16,046 $176,919 $19,954 $156,965
2021 $15,760 $176,919 $19,954 $156,965
2020 $15,777 $176,919 $19,954 $156,965
2019 $7,706 $79,706 $18,305 $61,401
2018 $7,710 $79,706 $18,305 $61,401
2017 $7,466 $79,706 $18,305 $61,401
2016 $6,927 $72,450 $19,250 $53,200
2015 $6,364 $72,450 $19,250 $53,200
2014 $6,386 $72,450 $19,250 $53,200
2013 $6,403 $72,450 $19,250 $53,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1630428

MLS of Greater Cincinnati (CincyMLS)
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