NOT LISTED FOR SALE

6708 Miami Ave Madeira, OH 45243

Estimated Value: $1,021,000 - $1,198,000

3 Beds
5 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold November 21, 2023

Current estimated payment $7,202/month

226 Days on Market

Highlights

  • No HOA
  • Porch
  • Hot Water Heating System
  • Madeira Elementary School Rated A
  • Attached Garage
  • 4-minute walk to Sellman Park

About This Home

As of November 2023

Great 5 Unit Apartment, 4 Brick Buildings in the Heart of Madeira, to be Sold Together. Well Maintained with a Great Rental History. A Rare find and a Must See! Call Today!

Last Agent to Sell the Property

John Cox

Jordan, Inc. License #0000404755 Listed on: 12/27/2005

Last Buyer's Agent

Default zSystem

zSystem Default

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1949

Lot Details

  • 10,019

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Casement Windows
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • 4 Open Parking Spaces
  • Rear-Facing Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Building Details

  • Insurance Expense $831
  • Maintenance Expense $1,055
  • Water Sewer Expense $1,062
  • Gross Income $33,060
  • Net Operating Income $20,347

Additional Features

  • No Home Owners Association
  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,976

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Suburb: Madeira
  • Cross Street: Camargo & Miami
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: 72.405
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 241.00
  • Cooling: None
  • Heating: Gas, Hot Water
  • Lot Area Realist: 10062.00
  • Suburb S I C: Madeira
  • Zoning: Multi Family
  • Year Built: 1949
  • Appliance Include: 5 Stoves & Fridges, 1 Co-op Wash & Dryer
  • Separate Air Condi: No
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Separate Air Cond: No
  • Directions: Euclid to South on Miami Ave. (9050)
  • Lot Measurement: Acres
  • Status: Leased
  • Total Units: 5
  • Property Subtype 1: Apartment
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 20347.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 991.00
  • Efficiency Sq Ft: 300
  • Gasand Electric: 2990.00
  • Heat Paid: Owner
  • Lease Information: Info on Request
  • Reciprocal Listing: No
  • School Name1: Call SD 513-985-6070
  • Semi Annual Taxes: 2488
  • Waste Removal: 800.00
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Available for Lease: No
  • Windows: Casement
  • One Bedroom Rent: 580.00
  • One Bedroom Sq Ft: 550
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 610.00
  • Two Bedroom Sq Ft: 675
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Composition
  • Construction: Brick
  • Outside Features: Porch
  • Foundation: Poured
  • Listing Price: 325000.00
  • Acres: 0.2300
  • New Construction: No

Garage/Parking

  • Garage: Built in, Rear
  • Parking Spaces: 4
  • Parking: Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Separate Gas/Elec: Yes
  • Water and Sewer: 1062.00

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1055.00

Fee Information

  • Taxes: 4984

Schools

  • District: Madeira City SD

Lot Info

  • Lot Dimensions: 64 x 150
  • Lot Size Sq Ft: 10019.00

Rental Info

  • Sub Lease: No

Multi Family

  • Efficiency Rent: 395.00
  • Efficiency Units: 1
  • Gross Income: 33060.00
  • Insurance: 831.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
May 7, 2021
Sold by
6700 Miami Avenue Llc
Bought by
Saba Paul T
Seller's Agent
Joe Linz
Sibcy Cline, Inc.
Buyer's Agent
Julie Back
Sibcy Cline, Inc.
List Price
$854,275,000
Sold Price
$827,000
Premium/Discount to List
-$853,448,000
-99.9%
Current Estimated Value
$1,111,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,521
Avg. Annual Appreciation
6.45%
Original Mortgage
$548,250
Outstanding Balance
$492,605
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$618,916
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Saba Paul T $827,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saba Paul T $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2024 01/28/24 Off Market $325,000 -- --
11/21/2023 11/21/23 Sold -- -- --
11/21/2023 11/21/23 Sold $325,000 -60.7% --
05/07/2021 05/07/21 Sold $827,000 -3.2% -- View Prior Sale
03/23/2021 03/23/21 Pending -- -- --
09/01/2020 09/01/20 Price Changed $854,275 -99.9% --
09/01/2020 09/01/20 For Sale $854,275,000 +262753.8% --
08/14/2006 08/14/06 Pending -- -- --
12/30/2005 12/30/05 For Sale $325,000 -- --
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 $17,090 $290,801 $45,500 $245,301
2024 $16,646 $290,801 $45,500 $245,301
2023 $16,869 $290,801 $45,500 $245,301
2022 $20,683 $291,498 $45,500 $245,998
2021 $21,164 $0 $0 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 978413

MLS of Greater Cincinnati (CincyMLS)

APN: 525-0006-0200