NOT LISTED FOR SALE

5040 Mercedes Dr Liberty Township, OH 45011

Estimated Value: $240,000 - $266,000

6 Beds
3 Baths
1,813 Sq Ft
$138/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $154,000 $85 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,529/month

8 Days on Market

Highlights

  • 3 Car Attached Garage
  • 1-Story Property
  • Heating Available
  • Cherokee Elementary School Rated A-
  • Central Air

About This Home

As of June 2017

Wonderful opportunity. Duplex w/ good rental history. Lakota School District. Two bed room units. One has two bed rms one and one half baths and a two c garage. The other unit is two bed rms one bath & one c garage. Nice large yard. Convenient location. Each unit rents for $700 per month. Tenant pays utilities, grass cutting & snow removal. No HOA.

Last Agent to Sell the Property

Roy Miller

RE/MAX Preferred Group License #0000333722 Listed on: 05/04/2017

RE/MAX Preferred Group

Last Buyer's Agent

Christina Baumgardner

OwnerLand Realty, Inc. License #2003000770

OwnerLand Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 137 x 132

Parking

  • 3 Car Attached Garage
  • 5 Open Parking Spaces
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,813 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Natural Gas Not Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,607

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Suburb: Liberty Twp.
  • Cross Street: 747
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 111.17
  • Cooling: Central Air
  • Heating: Electric
  • Lot Area Realist: 18086.00
  • Suburb S I C: Liberty Twp.
  • Year Built: 1993
  • Appliance Include: Stove, dishwasher, refrigerator
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: North on 747 left on Mercedes Dr.
  • 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
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-874-5505
  • Semi Annual Taxes: 1,303.57
  • Water Paid: Tenant
  • Basement: None
  • Levels: One
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 1813.00
  • Street Number Modifier: 5040
  • Windows: Vinyl
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Foundation: Slab
  • Listing Price: 165000.00
  • New Construction: No

Garage/Parking

  • Garage: Attached, Side
  • Garage Spaces: 3.00
  • Parking Spaces: 5
  • Parking: Off Street, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Lakota Local SD

Lot Info

  • Lot Dimensions: 137 x 132

Multi Family

  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2022
Sold by
Manh Le Tien and Thi Thuong
Bought by
Tien Manh Le And Thuong Thi Do Living Trust
Current Estimated Value
$249,667

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 23, 2017
Sold by
North Maria Feliz and North Stephen D
Bought by
Le Tien M and Do Thuong T
Seller's Agent
Roy Miller
RE/MAX Preferred Group
Buyer's Agent
Christina Baumgardner
OwnerLand Realty, Inc.
List Price
$165,000
Sold Price
$154,000
Premium/Discount to List
-$11,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$107,800
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Tien Manh Le And Thuong Thi Do Living Trust -- --
Le Tien M $154,000 None Available
North Maria Feliz -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Tien M $107,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2017 09/24/17 Off Market $154,000 -- --
06/23/2017 06/23/17 Sold $154,000 -6.7% $85 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $165,000 -- $91 / 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 $2,569 $64,170 $13,240 $50,930
2023 $2,537 $62,440 $13,240 $49,200
2022 $2,566 $52,120 $13,240 $38,880
2021 $2,615 $52,120 $13,240 $38,880
2020 $2,684 $52,120 $13,240 $38,880
2019 $4,643 $48,200 $13,390 $34,810
2018 $2,771 $48,200 $13,390 $34,810
2017 $2,824 $48,200 $13,390 $34,810
2016 $2,620 $44,390 $13,390 $31,000
2015 $2,617 $44,390 $13,390 $31,000
2014 $250 $44,390 $13,390 $31,000
2013 $250 $46,790 $13,390 $33,400
Source: Public Records

Agents Affiliated with this Home

  • Roy Miller

    Seller's Agent in 2017

    Roy Miller

    RE/MAX Preferred Group

    (513) 253-8838

    1 in this area

    100 Total Sales

    Roy Miller
    Section Image
  • Christina Baumgardner

    Buyer's Agent in 2017

    Christina Baumgardner

    OwnerLand Realty, Inc.

    (937) 929-0511

    1 in this area

    9 Total Sales

    Christina Baumgardner
    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1536120

MLS of Greater Cincinnati (CincyMLS)

APN: D2020-122-000-052

Ohio Butler County Liberty Township 45011

5040 Mercedes Dr, Liberty Township, OH

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