NOT LISTED FOR SALE

501 Bourbon St Blanchester, OH 45107

Estimated Value: $200,000 - $252,000

4 Beds
2 Baths
1,536 Sq Ft
$147/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $129,900 $85 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,374/month

21 Days on Market

Highlights

  • Wood Frame Window
  • Central Air
  • Heat Pump System
  • 1-Story Property

About This Home

As of July 2020

Nice duplex. Each unit is 2 bedroom, 1 bath. Property is well maintained and has been updated as needed recently with newer roof and A/C units. Has nice blacktop parking area. Available with neighboring 505 Bourbon Street or separately. Very good rental property or live in one side and rent the other.

Last Agent to Sell the Property

Troy Brown

Sibcy Cline, Inc. License #0000333639 Listed on: 06/04/2020

Sibcy Cline, Inc.

Last Buyer's Agent

Troy Brown

Sibcy Cline, Inc. License #0000333639 Listed on: 06/04/2020

Sibcy Cline, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,534

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 61x233

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Double Hung Windows
  • Wood Frame Window
  • Crawl Space

Parking

  • 2 Open Parking Spaces
  • Parking Lot

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,534

Lot Details

0

Listing Details

  • Suburb: Blanchester
  • Cross Street: Broadway
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Suburb S I C: Blanchester
  • Price Per Acre: 393636.36
  • Appliance Include: 2 stoves, 2 refrigerators
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: East on SR 28, turn right on Lazenby Street, turn on Bourbon, property on left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Year Built Exception: Unknown
  • Heat Paid: Tenant
  • Other Tax Parcel I D: 220101041000000
  • Reciprocal Listing: No
  • School Name1: Call SD 937-783-3523
  • Semi Annual Taxes: 766.96
  • Water Paid: Tenant
  • Basement: Crawl
  • Levels: One
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Wood, Double Hung
  • Two Bedroom Rent: 550.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Foundation: Block
  • Listing Price: 135000.00
  • Acres: 0.3300
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 2
  • Parking: Lot

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Blanchester Local SD

Lot Info

  • Lot Dimensions: 61X233
  • Lot Size Sq Ft: 14375.00

Multi Family

  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Schumacher Ethan and Schumacher Ethan M
Bought by
Roy Lana
Current Estimated Value
$225,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$177,850
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$47,406

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 31, 2020
Sold by
Lyttle Theodore R and Lyttle Tammy D
Bought by
Schumacher Ethan
Seller's Agent
Troy Brown
Sibcy Cline, Inc.
Buyer's Agent
Troy Brown
Sibcy Cline, Inc.
List Price
$135,000
Sold Price
$129,900
Premium/Discount to List
-$5,100
-3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$132,887
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Dec 19, 2006
Sold by
Brown Family Trust and Brown Roger
Bought by
Lyttle Theodore R and Lyttle Tammy D

Purchase Details

Closed on
Jun 28, 1993
Bought by
Brown Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Roy Lana $233,333 First Ohio Title
Schumacher Ethan $129,900 None Available
Lyttle Theodore R $99,166 --
Brown Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Lana $180,000
Previous Owner Schumacher Ethan $132,887
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Off Market $129,900 -- --
07/31/2020 07/31/20 Sold $129,900 -3.8% $85 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $135,000 0.0% $88 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $135,000 -- $88 / 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 $2,351 $61,360 $5,780 $55,580
2023 $2,351 $61,360 $5,780 $55,580
2022 $1,762 $41,690 $4,990 $36,700
2021 $1,848 $41,690 $4,990 $36,700
2020 $1,843 $41,690 $4,990 $36,700
2019 $1,534 $33,560 $4,990 $28,570
2018 $1,540 $33,560 $4,990 $28,570
2017 $1,509 $33,560 $4,990 $28,570
2016 $1,189 $27,650 $5,040 $22,610
2015 $1,188 $27,650 $5,040 $22,610
2013 $1,224 $27,650 $5,040 $22,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1664032

MLS of Greater Cincinnati (CincyMLS)

APN: 220-10-10-41-0000-00