NOT LISTED FOR SALE

815 Cherry St Blanchester, OH 45107

Studio
-- Bath
21,204 Sq Ft
1.38 Acres

Last Sold October 27, 2016

Last sale price $760,000 $36 Per Sq Ft

173 Days on Market

Highlights

  • 1.38 Acre Lot
  • Porch
  • Coin Laundry
  • Balcony

About This Home

As of October 2016

Garden style multifamily with strong rental history and long term ownership. Two brick buildings with interior entrances. Unit mix is 23 two bedroom, 1 bath units and 1 three bedroom 2 bath all having balconies and patios for each of the 600 square foot apartments.

Last Agent to Sell the Property

Robert Merkt

OwnerLand Realty, Inc. License #2012003375 Listed on: 03/03/2016

OwnerLand Realty, Inc.

Last Buyer's Agent

Derek Cook

Huff Realty License #2008002913

Huff Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,616

Year Built

  • Built in 1971

Lot Details

  • 1.38

Parking

  • 48 Open Parking Spaces
  • 48 Car Garage
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 21,204 Sq Ft Home
  • 2-Story Property
  • Insulated Windows

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Separate Meters
  • Cable TV Available

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $4,368
  • Maintenance Expense $2,271
  • Gross Income $156,480

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,616

Year Built

Built in 1971

Lot Details

0

Parking

48

Listing Details

  • Suburb: Blanchester
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: 0.69 sq ft
  • Miscellaneous: Coin Laundry, Cable TV
  • Census Tract Realist: 9649.00
  • Cooling: Wall Unit
  • Heating: Gas
  • Lot Area Realist: 60113.00
  • Suburb S I C: Blanchester
  • Price Per Acre: 550724.64
  • Year Built: 1971
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Route 28 east to Blanchester, right on Lazenby, left turn on Railroad Street which turns into Cherry St.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 24
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Vacancy: 7824
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 937-783-3523
  • Semi Annual Taxes: 5,308
  • Waste Removal: 1988
  • Water Paid: Owner
  • Basement: None
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 21204.00
  • Windows: Aluminum, Insulated
  • Two Bedroom Rent: 550.00
  • Two Bedroom Units: 23
  • Three+ Bedroom Rent: 625.00

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Outside Features: Porch, Balcony
  • Foundation: Poured
  • Listing Price: 800000.00
  • Acres: 1.3800
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 48.00
  • Parking Spaces: 48
  • Parking: Lot

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2271.00

Fee Information

  • Taxes: 10616

Schools

  • District: Blanchester Local SD

Lot Info

  • Lot Dimensions: irreg
  • Lot Size Sq Ft: 60113.00

Multi Family

  • Gross Income: 156480.00
  • Total Buildings: 2
  • Insurance: 4368.00
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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
01/26/2017 01/26/17 Off Market $760,000 -- --
10/27/2016 10/27/16 Sold $760,000 -5.0% $36 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $800,000 0.0% $38 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $800,000 -- $38 / 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
2024 $11,411 $225,190 $36,330 $188,860
2023 $11,411 $225,190 $36,330 $188,860
2022 $10,722 $182,560 $25,830 $156,730
2021 $11,399 $182,560 $25,830 $156,730
2020 $11,235 $182,560 $25,830 $156,730
2019 $15,204 $258,170 $25,830 $232,340
2018 $15,204 $258,170 $25,830 $232,340
2017 $14,753 $258,170 $25,830 $232,340
2016 $10,725 $77,840 $0 $0
2015 $10,616 $77,840 $0 $0
2013 $9,992 $77,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1490228

MLS of Greater Cincinnati (CincyMLS)