NOT LISTED FOR SALE

7607 Main St Newtown, OH 45244

Estimated Value: $527,354

0.89 Acre
$592,533 Price per Acre
38,768 Sq Ft Lot

Last Sold May 28, 2020

Last sale price $211,000

Est. 150% increase in value since last sale

Current estimated payment $3,416/month

45 Days on Market

About This Lot

As of May 2020

Commercial development opportunity in Newtown at highly desirable intersection. Over a half acre flat lot zoned G-B - General Business District. Great location on a main arterial road with easy access to I-275. Value in land - buildings being sold in As-Is condition.

Last Agent to Sell the Property

Pete Kopf

Kopf Hunter Haas License #0000419493 Listed on: 03/31/2020

Last Buyer's Agent

Pete Kopf

Kopf Hunter Haas License #0000419493 Listed on: 03/31/2020

Property Details

Property Type

  • Land

Lot Details

  • 0.89 Acre Lot
  • Cleared Lot

Utilities

  • Septic Tank
  • Phone Available

Listing and Financial Details

  • $2 Total Annual Tax

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Suburb: Newtown
  • Broker Approved: Yes
  • Miscellaneous: Corner
  • Census Tract Realist: 249.02
  • Lot Area Realist: 38768.00
  • Suburb S I C: Newtown
  • Accessible Transportation: City Street
  • Easement: Of Record
  • Land Description: Less than .5 Acre
  • Price Per Acre: 237078.65
  • Wooded: Cleared
  • School 1 Type: District Phone
  • Directions: State Route 32 to Right on Little Dry Run
  • Lot Measurement: Acres
  • Status: Sold
  • Property Subtype 1: Commercial Lot
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Property Type: Land
  • Reciprocal Listing: No
  • School Name1: Call SD 513-231-3600
  • Semi Annual Taxes: $1,160.19
  • Zero Selling Price: No
  • Best Use: Com/Business

Exterior Features

  • Listing Price: 225000.00
  • Acres: 0.8900
  • TopographyDetails: Cleared

Utilities

  • Gas: Natural
  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities Available: Electricity Avail, Natural Gas Avail, Telephone, Water Available

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Forest Hills Local S

Lot Info

  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 38768.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Elias Maram K and Elias Nader A
Bought by
Subedi Sabitra
Current Estimated Value
$527,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.67%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 31, 2020
Closed on
May 27, 2020
Sold by
S & S Lima Real Estate
Bought by
Elias Maram K
Seller's Agent
Pete Kopf
Kopf Hunter Haas
Buyer's Agent
Pete Kopf
Kopf Hunter Haas
List Price
$225,000
Sold Price
$211,000
Premium/Discount to List
-$14,000
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Stain Charles T and Stain Cathleen G
Bought by
S & S Lima Real Estate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.25%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Subedi Sabitra $425,000 None Listed On Document
Elias Maram K $211,000 None Available
S & S Lima Real Estate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Subedi Sabitra $265,000
Previous Owner S & S Lima Real Estate $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2020 08/26/20 Off Market $211,000 -- --
05/28/2020 05/28/20 Sold $211,000 -6.2% --
05/15/2020 05/15/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $225,000 -- --
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 $7,901 $89,429 $33,481 $55,948
2023 $7,832 $89,429 $33,481 $55,948
2022 $6,549 $73,850 $5,369 $68,481
2021 $6,513 $73,850 $5,369 $68,481
2020 $6,469 $73,850 $5,369 $68,481
2019 $2,537 $27,118 $5,019 $22,099
2018 $2,415 $27,118 $5,019 $22,099
2017 $2,343 $27,118 $5,019 $22,099
2016 $2,133 $24,630 $5,450 $19,180
2015 $2,215 $24,630 $5,450 $19,180
2014 $2,193 $24,630 $5,450 $19,180
2013 $2,101 $25,134 $5,562 $19,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1656640

MLS of Greater Cincinnati (CincyMLS)

APN: 501-0009-0011