NOT LISTED FOR SALE

8767 Reading Rd Cincinnati, OH 45215

Studio
-- Bath
-- Sq Ft
8,451 Sq Ft Lot Lot

Sale Details

Date Sold: June 13, 2018

Last sale price $357,000

5 Days on Market

About This Home

As of June 2018

Great opportunity for cash flow! 12 unit solid building.

Last Agent to Sell the Property

Tom Deutsch

Coldwell Banker Realty License #2003017346 Listed on: 04/12/2018

Coldwell Banker Realty

Last Buyer's Agent

Jerry Garrison

Keller Williams Advisors License #0000433588

Keller Williams Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,496

Year Built

  • Built in 1974

Lot Details

  • 8,451

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Insulated Windows

Parking

  • 20 Open Parking Spaces
  • Parking Lot

Utilities

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

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $2,125
  • Maintenance Expense $1,000
  • Water Sewer Expense $6,000
  • Gross Income $60,840

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,496

Year Built

Built in 1974

Lot Details

8,451 Sq Ft Lot

Listing Details

  • Suburb: Reading
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 232.01
  • Cooling: Wall Unit
  • Heating: Gas
  • Lot Area Realist: 8451.00
  • Suburb S I C: Reading
  • Price Per Acre: 1840206.19
  • Year Built: 1974
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Ronald Reagan Cross County Hwy to Exit 28 toward Galbraith, Left on Reading, property on the left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 12
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 4800
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-554-1800
  • Semi Annual Taxes: $4748.75
  • Water Paid: Owner
  • Basement: None
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Insulated
  • One Bedroom Rent: 450.00
  • One Bedroom Number of Units: 12

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 360000.00
  • Acres: 0.1940
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 20
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 6000

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1000.00

Fee Information

  • Taxes: 9497

Schools

  • District: Reading Community Ci

Lot Info

  • Lot Dimensions: 60 x 150
  • Lot Size Sq Ft: 8451.00

Multi Family

  • Gross Income: 60840.00
  • Total Buildings: 1
  • Insurance: 2125.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Jun 13, 2018
Sold by
Wesseler Patricia
Bought by
Cincinnati Allied Properties Llc
Seller's Agent
Tom Deutsch
Coldwell Banker Realty
Buyer's Agent
Jerry Garrison
Keller Williams Advisors
List Price
$300,000
Sold Price
$357,000
Premium/Discount to List
$57,000
19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Outstanding Balance
$81,191
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2016
Sold by
Eldridge Peter
Bought by
Wee Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.66%

Purchase Details

Closed on
Nov 23, 2015
Sold by
Eldridge Ruth N
Bought by
Eldridge Peter and Wesseler Patricia
Source: Public Records
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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
Cincinnati Allied Properties Llc -- None Available
Cincinnati Allied Properties Llc $357,000 None Available
Wee Tr $343,310 --
Eldridge Peter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cincinnati Allied Properties Llc $285,600
Previous Owner Wee Tr --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2018 09/11/18 Off Market $357,000 -- --
06/13/2018 06/13/18 Sold $357,000 -0.8% --
04/23/2018 04/23/18 Price Changed $360,000 +20.0% --
04/17/2018 04/17/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $300,000 -- --
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 $1,374 $16,440 $16,440 --
2023 $1,373 $16,440 $16,440 $0
2022 $1,503 $15,502 $15,502 $0
2021 $1,353 $15,502 $15,502 $0
2020 $1,340 $15,502 $15,502 $0
2019 $1,391 $15,050 $15,050 $0
2018 $1,396 $15,050 $15,050 $0
2017 $1,360 $15,050 $15,050 $0
2016 $1,264 $13,958 $13,958 $0
2015 $1,256 $13,958 $13,958 $0
2014 $1,146 $13,958 $13,958 $0
2013 $1,163 $14,389 $14,389 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1574951

MLS of Greater Cincinnati (CincyMLS)

APN: 671-0010-0020

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