NOT LISTED FOR SALE

7051 Memory Ln Cincinnati, OH 45239

-- Bed
-- Bath
-- Sq Ft
1959 Built

Last Sold September 10, 2021

Last sale price $220,000

22 Days on Market

Highlights

  • Porch
  • Baseboard Heating
  • Wood Fence
  • Storage

About This Home

As of September 2021

Good Rental income and history. 5 unit rental capacity. LL Laundry and storage. 24 hours notice. Monthly Rental income is $2,950.00. Yearly income is $35,400. Rents came be increased have been the same for a years.

Last Agent to Sell the Property

Chad Whitmore

Keller Williams Advisors License #2016005789 Listed on: 07/14/2021

Keller Williams Advisors

Co-Listed By

Denise Gifford

Keller Williams Advisors License #2011001564

Last Buyer's Agent

Tanya Roesel

Comey & Shepherd License #2021002775

Comey & Shepherd

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1959

Lot Details

  • Wood Fence
  • Aluminum or Metal Fence

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Partial Basement

Home Security

Parking

  • 6 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Cable TV Available

Community Details

Building Details

  • Water Sewer Expense $110
  • Gross Income $35,400

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Suburb: Groesbeck
  • Cross Street: Banning
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Cable TV, Smoke Alarm
  • Census Tract Realist: 207.62
  • Cooling: Wall Unit
  • Heating: Hot Water, Heat Pump, Baseboard
  • Lot Area Realist: 6578.00
  • Suburb S I C: Groesbeck
  • Year Built: 1959
  • Appliance Include: 5 Stoves, 5 Refrigerator
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Banning - Right onto Memory
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage Area
  • Property Type: Residential Income
  • Gasand Electric: 225
  • Heat Paid: Owner
  • Lease Information: On Request
  • Reciprocal Listing: No
  • School Name1: Call SD 513-825-4600
  • Semi Annual Taxes: Of Record
  • Waste Removal: 32
  • Water Paid: Owner
  • Basement: Partial
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Aluminum
  • One Bedroom Rent: 550.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 650.00
  • Two Bedroom Units: 3

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Outside Features: Porch, Wood Fence, Metal Fence
  • Foundation: Poured
  • Listing Price: 240000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 6
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 110

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 4073

Schools

  • District: Northwest Local SD

Lot Info

  • Lot Dimensions: 55x128 IRR

Multi Family

  • Gross Income: 35400.00
  • Total Buildings: 1
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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
12/12/2021 12/12/21 Off Market $220,000 -- --
09/10/2021 09/10/21 Sold $220,000 -8.3% --
08/06/2021 08/06/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $240,000 -- --
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 $6,626 $80,980 $14,350 $66,630
2024 $6,363 $80,980 $14,350 $66,630
2023 $6,268 $80,980 $14,350 $66,630
2022 $6,796 $77,000 $13,874 $63,126
2021 $4,164 $46,900 $13,874 $33,026
2020 $4,097 $46,900 $13,874 $33,026
2019 $3,961 $44,247 $13,090 $31,157
2018 $3,611 $44,247 $13,090 $31,157
2017 $3,491 $44,247 $13,090 $31,157
2016 $3,621 $45,469 $12,681 $32,788
2015 $3,679 $45,469 $12,681 $32,788
2014 $3,701 $45,469 $12,681 $32,788
2013 $3,895 $49,424 $13,783 $35,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1707802

MLS of Greater Cincinnati (CincyMLS)