NOT LISTED FOR SALE

53 East Ave Monroe, OH 45050

Studio
-- Bath
5,689 Sq Ft
1973 Built

Last Sold October 29, 2018

Last sale price $390,000 $69 Per Sq Ft

131 Days on Market

Highlights

  • City View
  • Patio
  • 4-minute walk to Monroe Community Park
  • Porch
  • Forced Air Heating System

About This Home

As of October 2018

7 units, 2 BR town home 1 1/2 BA, good condition, long time owner, close to Interstate and shopping with off street parking. 3 unit rents for $650 per month and 4 units rent for $600 per month. . rent increases going forward with 3 remainiing tenants. new tenants rent are $650

Last Agent to Sell the Property

Ronald Faulkner

Faulkner Four Percent License #0000220568 Listed on: 04/25/2018

Last Buyer's Agent

Ronald Faulkner

Faulkner Four Percent License #0000220568 Listed on: 04/25/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1973

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 5,689 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Sliding Windows
  • City Views
  • Crawl Space

Parking

  • 10 Open Parking Spaces
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Natural Gas Not Available

Community Details

  • Insurance Expense $1,200
  • Maintenance Expense $5,000
  • Water Sewer Expense $1,200
  • Gross Income $52,800
  • Net Operating Income $37,330

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,012

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Suburb: Monroe
  • Cross Street: ST RT 63
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: N/a
  • Census Tract Realist: 112.00
  • Cooling: Window Unit
  • Heating: Gas, Electric, Forced Air
  • Lot Area Realist: 8712.00
  • Suburb S I C: Monroe
  • Public Transportn: none
  • Year Built: 1973
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: West on rt 63, (L) on East st
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 7
  • Property Subtype 1: Apartment
  • StructureType: Side-by-Side
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: 220 Volt
  • Net Operating Income: 37330.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Lease Information: see attached rental info
  • Reciprocal Listing: No
  • School Name1: Call SD 513-539-2536
  • Semi Annual Taxes: 2006
  • Waste Removal: 1200
  • Water Paid: Owner
  • Basement: Crawl
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 5689.00
  • Street Number Modifier: 53
  • Windows: Slider, Insulated
  • Two Bedroom Sq Ft: 950
  • Two Bedroom Units: 7

Exterior Features

  • View: City
  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Patio, Porch
  • Foundation: Poured
  • Listing Price: 415000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 10
  • Parking: Lot, Off Street

Utilities

  • Gas: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1200

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 5000.00

Fee Information

  • Taxes: 4012

Schools

  • District: Monroe Local SD

Lot Info

  • Lot Dimensions: 8712

Multi Family

  • Gross Income: 52800.00
  • Total Buildings: 3
  • Insurance: 1200.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2019 01/27/19 Off Market $390,000 -- --
10/29/2018 10/29/18 Sold $390,000 -6.0% $69 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
04/26/2018 04/26/18 Price Changed $415,000 -99.9% $73 / Sq Ft
04/25/2018 04/25/18 For Sale $415,568,000 +109260.0% $73,048 / Sq Ft
09/23/2015 09/23/15 Off Market $380,000 -- --
06/25/2015 06/25/15 Sold $380,000 +4.1% $67 / Sq Ft View Prior Sale
06/17/2015 06/17/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $365,000 -- $64 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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
2025 $8,947 $143,650 $19,600 $124,050
2024 $8,947 $159,340 $19,600 $139,740
2023 $8,909 $159,340 $19,600 $139,740
2022 $7,403 $120,090 $19,600 $100,490
2021 $7,131 $120,090 $19,600 $100,490
2020 $7,349 $120,090 $19,600 $100,490
2019 $4,787 $69,810 $16,170 $53,640
2018 $4,585 $69,810 $16,170 $53,640
2017 $4,742 $69,810 $16,170 $53,640
2016 $4,013 $56,180 $16,170 $40,010
2015 $3,968 $56,180 $16,170 $40,010
2014 $5,011 $56,180 $16,170 $40,010
2013 $5,011 $72,280 $16,170 $56,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1576655

MLS of Greater Cincinnati (CincyMLS)