NOT LISTED FOR SALE

5240 Miami Rd Cincinnati, OH 45243

Estimated Value: $609,746 - $1,458,000

1.67 Acres
$535,278 Price per Acre
72,745 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $575,000 $233 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,298/month

183 Days on Market

Highlights

  • View of Trees or Woods
  • Indian Hill Elementary School Rated A
  • Partially Wooded Lot

About This Lot

As of August 2024

Make your own private sanctuary... Situated on 1.67 acres, very private, wooded lot. Home can be positioned towards the back of the lot to optimize privacy. Located between Madeira and Mariemont,OH, location offers excellent access to both communities. This is for LAND only. Bring your builder or select from our list of builders.

Last Agent to Sell the Property

Kelly Meyer

Drake & Madison LLC License #2015001119 Listed on: 01/31/2024

Last Buyer's Agent

Kelly Meyer

Drake & Madison LLC License #2015001119 Listed on: 01/31/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,608

Lot Details

  • 1.67 Acre Lot
  • Sloped Lot
  • Partially Wooded Lot

Property Views

  • Views of Woods

Property Details

Property Type

Land

Est. Annual Taxes

$6,608

Lot Details

0

Listing Details

  • Suburb: Indian Hill
  • Broker Approved: Yes
  • Lot Area Realist: 1.67
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Indian Hill
  • Annual Assessment Amount: 0
  • Easement: Of Record
  • Land Description: 1 to 4.999 Acres
  • Price Per Acre: 344311.38
  • Wooded: Partly
  • Directions: Miami Rd near Indian Hill Rd
  • Lot Measurement: Acres
  • Status: Sold
  • Property Subtype 1: Single Family Lot
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Property Type: Land
  • Other Tax Parcel I D: 529-0125-0028-00
  • Reciprocal Listing: No
  • Semi Annual Taxes: 3304
  • Zero Selling Price: No

Exterior Features

  • View: Woods
  • Listing Price: 600000.00
  • Acres: 1.6700
  • TopographyDetails: Sloped

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities Available: Natural Gas Avail

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Indian Hill Ex Vill

Lot Info

  • Lot Dimensions: irr
  • Lot Size Sq Ft: 72745.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Aug 30, 2024
Sold by
Thor Farms Ltd
Bought by
Timberland Custom Homes Llc
Seller's Agent
Kelly Meyer
Drake & Madison LLC
Buyer's Agent
Kelly Meyer
Drake & Madison LLC
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Views
169
Current Estimated Value
$893,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,915
Avg. Annual Appreciation
50.46%
Original Mortgage
$1,200,000
Outstanding Balance
$352,109
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
Estimated Equity
$541,806

Purchase Details

Closed on
Nov 15, 2022
Sold by
Mrgr89 Living Trust
Bought by
Thor Farms Ltd

Purchase Details

Listed on
Apr 7, 2021
Closed on
Dec 29, 2021
Sold by
Richard N Ballard Trust
Bought by
Mrgr89 Living Trust
Seller's Agent
Gina Dubell-Smith
eXp Realty
Buyer's Agent
Missy Friede
Keller Williams Seven Hills Re
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.09%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Estate Of Richard N Ballard
Bought by
Woodruff Victoria and Richard N Ballard Trust

Purchase Details

Closed on
Sep 30, 2006
Sold by
Ballard Richard N and Ballard Kathryn N
Bought by
Ballard Richard N

Purchase Details

Closed on
Jul 5, 2006
Sold by
Estate Of Richard J Ballard
Bought by
Ballard Richard N

Purchase Details

Closed on
Jul 11, 2005
Sold by
Woodruff Victoria and Woodruff Charles
Bought by
Ballard Richard N
Source: Public Records

Range of Values:

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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
Timberland Custom Homes Llc $575,000 Prodigy Title
Thor Farms Ltd $500,000 --
Mrgr89 Living Trust $450,000 Redhawk Title
Woodruff Victoria -- Attorney
Ballard Richard N -- Attorney
Ballard Richard N -- None Available
Ballard Richard N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Timberland Custom Homes Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $575,000 -4.2% $233 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $600,000 +33.3% $243 / Sq Ft
04/01/2022 04/01/22 Off Market $450,000 -- --
12/31/2021 12/31/21 Sold $450,000 -18.2% $182 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $550,000 -- $223 / 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 $6,704 $179,116 $179,116 --
2023 $6,608 $179,116 $179,116 $0
2022 $6,472 $144,680 $144,680 $0
2021 $6,426 $144,680 $144,680 $0
2020 $5,525 $144,680 $144,680 $0
2019 $5,285 $149,401 $129,178 $20,223
2018 $6,120 $149,401 $129,178 $20,223
2017 $5,909 $149,401 $129,178 $20,223
2016 $6,138 $152,957 $134,848 $18,109
2015 $6,081 $152,957 $134,848 $18,109
2014 $5,815 $152,957 $134,848 $18,109
2013 $6,093 $154,501 $136,210 $18,291
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kelly Meyer

    Drake & Madison LLC

    Section Image
  • Gina Dubell-Smith

    Seller's Agent in 2021

    Gina Dubell-Smith

    eXp Realty

    (513) 477-1219

    5 in this area

    277 Total Sales

    Gina Dubell-Smith
    Section Image
  • Missy Friede

    Buyer's Agent in 2021

    Missy Friede

    Keller Williams Seven Hills Re

    (513) 255-0193

    1 in this area

    217 Total Sales

    Missy Friede
    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1794562

MLS of Greater Cincinnati (CincyMLS)

APN: 529-0125-0028

Ohio Hamilton County Cincinnati 45243

5240 Miami Rd, Cincinnati, OH

This home is located at 5240 Miami Rd, Cincinnati, OH 45243 since 31 January 2024 and is currently estimated at $893,915, approximately $362 per square foot. 5240 Miami Rd is a home located in Hamilton County with nearby schools including Indian Hill Elementary School, Indian Hill Primary School, and Indian Hill Middle School.

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