NOT LISTED FOR SALE
Studio
-- Bath
5,548 Sq Ft
2,396 Sq Ft Lot

Sale Details

Date Sold: February 27, 2024

Last sale price $979,000 $176 Per Sq Ft

150 Days on Market

Highlights

  • City View
  • Wood Frame Window
  • Forced Air Heating and Cooling System
  • Walnut Hills High School Rated A+
  • Storage
  • Coin Laundry

About This Home

As of February 2024

FOR SALE - Newly renovated 7-unit apartment building in the heart of Pendleton. Fully occupied building: 3 long term renters and 4 short term rental units. High demand location as it is walkable to Casino, stadiums, venues, bars, restaurants, businesses and more. Be a part of the renaissance in Cincy and add this incredibly maintained property to your portfolio. 8 space not yet converted to apartment. Two years remaining on tax abatement. Easily accessible from I-471, I-71/75 and Gilbert Ave.

Last Agent to Sell the Property

Ben Trautmann

J.A. Trautmann Realty, Inc., W License #2014001683 Listed on: 07/17/2023

Co-Listed By

Tim Trautmann

J.A. Trautmann Realty, Inc., W License #2007004222

Last Buyer's Agent

Not Member

NOTCINCYMEM

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1875

Lot Details

  • Privacy Fence

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Metal Roof

Interior Spaces

  • 5,548 Sq Ft Home
  • 3-Story Property
  • Non-Functioning Fireplace
  • Wood Frame Window
  • Storage
  • City Views
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $3,715
  • Maintenance Expense $2,404
  • Other Expense $21,207
  • Water Sewer Expense $1,490
  • Gross Income $99,347
  • Net Operating Income $62,847

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,424

Year Built

Built in 1875

Lot Details

2,396 Sq Ft Lot

Listing Details

  • Suburb: City
  • Cross Street: Pendleton St
  • Degree Complete: Renovation
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 11.00
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Lot Area Realist: 2396.00
  • Suburb S I C: City
  • Price Per Acre: 17800000.00
  • Year Built: 1875
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Drive south west on Reading Rd from Liberty St. Turn right On Pendleton St. Turn Right on 12th. Property located on left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 7
  • Property Subtype 1: Apartment
  • Street Direction: E
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 62847.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 3699
  • Heat Paid: Tenant
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2712
  • Waste Removal: 985
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: Inoperable
  • Bldg Sq Ft (Realist): 5548.00
  • Windows: Wood
  • One Bedroom Rent: 1050.00
  • One Bedroom Sq Ft: 560
  • One Bedroom Number of Units: 7

Exterior Features

  • View: City
  • Roof: Metal
  • Construction: Brick
  • Outside Features: Privacy Fence
  • Foundation: Stone
  • Listing Price: 1099000.00
  • Acres: 0.0550
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1490

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2404.00

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: irr
  • Lot Size Sq Ft: 2396.00

Multi Family

  • Gross Income: 99347.00
  • Other Expense: 21207
  • Total Buildings: 1
  • Insurance: 3715.00

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, 2023
Closed on
Feb 27, 2024
Sold by
Bought by
Seller's Agent
Ben Trautmann
J.A. Trautmann Realty, Inc., W
Buyer's Agent
Not Member
NOTCINCYMEM
List Price
$1,125,000
Sold Price
$979,000
Premium/Discount to List
-$146,000
-12.98%
Views
217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0674%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 21, 2022
Sold by
Bought by
Seller's Agent
Melissa Hilvert
Comey & Shepherd
Buyer's Agent
Melissa Hilvert
Comey & Shepherd
Sold Price
$928,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,400
Interest Rate
0.0262%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Oct 31, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2005
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
$979,000 None Listed On Document
-- Mann & Mann Llc
-- None Listed On Document
$60,000 None Available
$35,000 None Available
$3,000 None Available
$22,500 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 $525,000
Closed $345,000
Previous Owner $742,400
Previous Owner $350,000
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 Prior Sale
02/27/2024 02/27/24 Sold $979,000 -10.9% $176 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $1,099,000 -2.3% $198 / Sq Ft
07/17/2023 07/17/23 For Sale $1,125,000 +21.2% $203 / Sq Ft
04/21/2022 04/21/22 Off Market $928,000 -- --
01/21/2022 01/21/22 Sold $928,000 +7.3% -- View Prior Sale
10/28/2021 10/28/21 Pending -- -- --
10/26/2021 10/26/21 For Sale -- -- --
10/25/2021 10/25/21 For Sale -- -- --
10/22/2021 10/22/21 For Sale -- -- --
10/19/2021 10/19/21 For Sale -- -- --
10/19/2021 10/19/21 For Sale $865,000 -- --
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 $11,627 $140,137 $33,796 $106,341
2024 $3,537 $140,137 $33,796 $106,341
2023 $3,528 $140,137 $33,796 $106,341
2022 $2,545 $141,957 $15,589 $126,368
2021 $2,348 $141,957 $15,589 $126,368
2020 $2,351 $141,957 $15,589 $126,368
2019 $2,036 $113,565 $12,471 $101,094
2018 $2,037 $113,565 $12,471 $101,094
2017 $1,972 $113,565 $12,471 $101,094
2016 $1,178 $12,251 $10,952 $1,299
2015 $1,083 $12,251 $10,952 $1,299
2014 $1,087 $12,251 $10,952 $1,299
2013 $425 $4,722 $651 $4,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1778407

MLS of Greater Cincinnati (CincyMLS)
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