NOT LISTED FOR SALE

8747 Reading Rd Cincinnati, OH 45215

Estimated Value: $125,000 - $158,365

3 Beds
2 Baths
1,462 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $48,000 $33 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $929/month

36 Days on Market

About This Home

As of June 2018

Excellent opportunity for a 4 unit multifamily boarding house. 4 private bedrooms with common living room and kitchen, 2 full baths are shared by 2 units on each floor. Updated siding and windows. OR convert to office space as allowed by Reading zoning.

Last Agent to Sell the Property

Ross Kelly

Comey & Shepherd License #2003014339 Listed on: 05/03/2018

Comey & Shepherd

Last Buyer's Agent

Ross Kelly

Comey & Shepherd License #2003014339 Listed on: 05/03/2018

Comey & Shepherd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1901

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 38x100

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,462 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Double Hung Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,221

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Suburb: Reading
  • Cross Street: Koehler
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Basement Sq Ft: 918
  • Census Tract Realist: 232.01
  • Cooling: None
  • Heating: Gas, Forced Air
  • Lot Area Realist: 3877.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Reading
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 533333.33
  • Year Built: 1901
  • Appliance Include: None
  • Separate Air Condi: No
  • Separate Gas Elect: No
  • School 1 Type: District Phone
  • Directions: From Galbraith Rd, go north on Reading. Property is on left across from library.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • Second Floor Area: 544
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 220 Volt
  • Property Type: Residential Income
  • Separate Furnace: No
  • Common Facilities: Rec Room
  • Heat Paid: Owner
  • Lease Information: None
  • Other Features: Lender Owned
  • Reciprocal Listing: No
  • School Name1: Call SD 513-554-1800
  • Semi Annual Taxes: 610.53
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 1462.00
  • Windows: Double Hung, Vinyl

Exterior Features

  • Roof: Shingle
  • Construction: Vinyl Siding
  • Foundation: Poured
  • Listing Price: 62500.00
  • Acres: 0.0900
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Dimensions: 38x100
  • Lot Size Sq Ft: 3920.00

Multi Family

  • Efficiency Rent: 400.00
  • Efficiency Units: 4
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Jun 21, 2018
Sold by
Lhfc Properties Llc
Bought by
Norwood Rental Properties Llc
Seller's Agent
Ross Kelly
Comey & Shepherd
Buyer's Agent
Ross Kelly
Comey & Shepherd
List Price
$62,500
Sold Price
$48,000
Premium/Discount to List
-$14,500
-23.2%
Current Estimated Value
$145,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,341
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Apr 25, 2018
Sold by
Lendinghome Funding Corporation
Bought by
Caf Reo Ii Llc

Purchase Details

Closed on
Apr 17, 2018
Sold by
Caf Reo Ii Llc
Bought by
Lhfc Properties Llc

Purchase Details

Closed on
Sep 24, 2015
Sold by
Wifi Connections Llc
Bought by
Vendi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2005
Sold by
Homecomings Financial Network Inc
Bought by
Wifi Connections Llc

Purchase Details

Closed on
Nov 8, 2004
Sold by
Wachovia Bank Of Delaware Na
Bought by
Homecomings Financial Network Inc

Purchase Details

Closed on
Mar 9, 2004
Sold by
Thomas Barbara F and Farmer Lorena
Bought by
Wachovia Bank Of Delaware Na and First Union National Bank Of Delaware

Purchase Details

Closed on
Oct 9, 2001
Sold by
Thomas Barbara F
Bought by
Thomas Barbara F and Farmer Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.53%

Purchase Details

Closed on
Jul 12, 1999
Sold by
Stephens Ray Tr & Betty J Tr
Bought by
Thomas Barbara F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,467
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 1995
Sold by
Stephens Ray and Stephens Betty J
Bought by
Stephens Ray and Stephens Betty J
Source: Public Records

Range of Values:

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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
Norwood Rental Properties Llc $48,000 Servicelink Llc
Caf Reo Ii Llc $74,123 None Available
Lhfc Properties Llc -- Omega Title Agency Llc
Vendi Llc $34,000 Attorney
Wifi Connections Llc -- None Available
Homecomings Financial Network Inc -- Midland Title Security Inc
Wachovia Bank Of Delaware Na $66,000 None Available
Thomas Barbara F -- --
Thomas Barbara F $62,500 --
Stephens Ray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vendi Llc $54,600
Previous Owner Thomas Barbara F $106,000
Previous Owner Thomas Barbara F $62,467
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Off Market $48,000 -- --
06/28/2018 06/28/18 Sold $48,000 -23.2% $33 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $62,500 -- $43 / 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 $1,857 $34,185 $6,640 $27,545
2023 $1,853 $34,185 $6,640 $27,545
2022 $1,172 $16,800 $5,341 $11,459
2021 $1,003 $16,800 $5,341 $11,459
2020 $989 $16,800 $5,341 $11,459
2019 $1,090 $16,800 $4,725 $12,075
2018 $1,340 $20,650 $4,725 $15,925
2017 $1,221 $20,650 $4,725 $15,925
2016 $1,408 $23,885 $5,009 $18,876
2015 $1,484 $23,885 $5,009 $18,876
2014 $1,304 $23,885 $5,009 $18,876
2013 $1,322 $24,371 $5,110 $19,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1578131

MLS of Greater Cincinnati (CincyMLS)

APN: 671-0010-0031