NOT LISTED FOR SALE

531 Observatory Dr Cincinnati, OH 45246

Estimated Value: $224,000 - $243,893

3 Beds
2 Baths
1,706 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $172,000 $101 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,579/month

Highlights

  • Ranch Style House
  • No HOA
  • Central Air
  • Springdale Elementary School Rated A-
  • Eat-In Kitchen
  • Family Room

About This Home

As of August 2021

Beautiful 3 bed 2 bath home with finished LL w/ Full bath Rec Room and 2 additional rooms. Beautiful back yard with great for entertaining. You don't want to miss this one! All offers to be submitted by 9p Sun 7/25/21

Last Agent to Sell the Property

Gregory Coolidge

Keller Williams Advisors License #2018000437 Listed on: 07/22/2021

Keller Williams Advisors

Last Buyer's Agent

Gregory Coolidge

Keller Williams Advisors License #2018000437 Listed on: 07/22/2021

Keller Williams Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1956

Lot Details

  • 0.26

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,706 Sq Ft Home
  • Picture Window
  • Family Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,594

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Suburb: Springdale
  • Broker Approved: Yes
  • Basement Sq Ft: 1120
  • Census Tract Realist: 215.01
  • Cooling: Central Air
  • Heating: Gas
  • Lot Area Realist: 11500.00
  • Property Ownership: Consumer
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Springdale
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Entry Dim: 0 x 0
  • Entry Foyer: Closet
  • Living Great Rm Area: 240
  • Living Great Rm Dim: 16 x 15
  • Living Great Rm Len: 16
  • Living Great Rm Wid: 15
  • Single Family Desc: Single Family
  • Study Lib Den: 12x12 Level: Lower
  • Study Lib Den Area: 144
  • Study Lib Den Dim: 12 x 12
  • Study Lib Den Len: 12
  • Water Heating: Gas
  • Year Built: 1956
  • Architecture: Ranch
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Directions: I-275 W, take exit 41, turn Left on Springfield Pike, turn Right on W Kemper Rd, turn Left on Rose Ln, turn Right on Observatory Dr.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2021-07-22
  • Property Subtype 1: Single Family Residence
  • Occupancy: Negotiable
  • On Market: No
  • Third Party Approval Required: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 12x10 Level: 1
  • Bedroom 3: 13x9 Level: 1
  • Living Room: 16x15 Level: 1
  • Recreation Room: 26x17 Level: Lower
  • Formal Dining Room: No
  • Property Type: Residential
  • Bathrooms Display: 2 (2 0)
  • Reciprocal Listing: No
  • School Name1: Call SD 513-864-1000
  • Semi Annual Taxes: Of Record
  • Kitchen: 20x10 Level: 1
  • Kitchen Features: Eat-In,Pantry,Walkout
  • Bedroom 2 Area: 120
  • Basement: Full
  • Bedroom 3 Area: 117
  • Bathrooms: 2.00
  • Kitchen Area: 200
  • Kitchen Dim: 20 x 10
  • Levels: One
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 1
  • Bathroom 2: Full
  • Bathroom 2 Level: 1
  • Laundry Room: 10x10 Level: Lower
  • Laundry Room Area: 100
  • Laundryroom Dim: 10 x 10
  • Recreation Room Area: 442
  • Recreation Room Dim: 26 x 17
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1706.00
  • Total Rooms: 8
  • Windows: Picture, Storm, Wood
  • First Floor Family Room: Yes
  • PrimaryBedroomArea: 130
  • PrimaryBedroomDim: 13 x 10
  • PrimaryBedroomLen: 13
  • P R I M A R Y B E D R O O M: 13x10 Level: 1

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 170000.00
  • New Construction: No

Garage/Parking

  • Garage Carport: None
  • Parking: Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Princeton City SD

Lot Info

  • Lot Dimensions: .264
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 23, 2021
Sold by
Garren Steven L and Garren Jessica
Bought by
Mullins Katherine Louise
Seller's Agent
Gregory Coolidge
Keller Williams Advisors
Buyer's Agent
Gregory Coolidge
Keller Williams Advisors
List Price
$170,000
Sold Price
$172,000
Premium/Discount to List
$2,000
1.18%
Current Estimated Value
$248,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,891
Avg. Annual Appreciation
9.10%
Original Mortgage
$168,884
Outstanding Balance
$155,337
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$87,481

Purchase Details

Listed on
Jan 26, 2012
Closed on
Apr 26, 2012
Sold by
Masiliunas Justas and Masiliuniene Kristina
Bought by
Garren Steven L
Seller's Agent
Keli Williams
Sibcy Cline, Inc.
Buyer's Agent
Marlane Hoffman
Sibcy Cline, Inc.
List Price
$110,000
Sold Price
$108,000
Premium/Discount to List
-$2,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$110,322
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
May 2, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Masiliunas Justas and Masiliuniene Kristina

Purchase Details

Closed on
Apr 5, 2011
Sold by
Schell James and Schell Jennifer M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 16, 1998
Sold by
Regina Parnitzke
Bought by
Schell James E and Schell Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.02%
Mortgage Type
Unknown
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
Mullins Katherine Louise $172,000 Parkway Title Llc
Garren Steven L $108,000 Ltoc
Masiliunas Justas $32,900 Attorney
Federal Home Loan Mortgage Corporation $48,000 None Available
Schell James E $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullins Katherine Louise $168,884
Previous Owner Garren Steven L $110,322
Previous Owner Schell James E $6,802
Previous Owner Schell James E $27,000
Previous Owner Schell James $98,000
Previous Owner Schell James E $88,400
Previous Owner Schell James E $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $172,000 +1.2% $101 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $170,000 +57.4% $100 / Sq Ft
07/25/2012 07/25/12 Off Market $108,000 -- --
04/26/2012 04/26/12 Sold $108,000 -1.8% $63 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $110,000 -- $64 / 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 $2,594 $60,200 $9,702 $50,498
2023 $2,600 $60,200 $9,702 $50,498
2022 $1,797 $33,828 $8,698 $25,130
2021 $1,747 $33,828 $8,698 $25,130
2020 $1,769 $33,828 $8,698 $25,130
2019 $1,636 $28,914 $7,434 $21,480
2018 $1,539 $28,914 $7,434 $21,480
2017 $1,445 $28,914 $7,434 $21,480
2016 $1,903 $37,801 $7,767 $30,034
2015 $1,923 $37,801 $7,767 $30,034
2014 $1,929 $37,801 $7,767 $30,034
2013 $584 $11,694 $6,997 $4,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1708787

MLS of Greater Cincinnati (CincyMLS)

APN: 599-0060-0030