NOT LISTED FOR SALE

9 N River St Franklin, OH 45005

Estimated Value: $572,571

2 Beds
-- Bath
780 Sq Ft
$734/Sq Ft Est. Value

About This Home

Under New Management!

A locally owned and managed rental community with all the feature and the location that you need. These apartments have many desirable features that include within the units that ranges, updated vinyl flooring and carpet, washer and dryer hooks up in most units, large open floor plans for the kitchen and dining space, spacious bedroom and closet all within walking and short driving distance to all that you could need. Located just a short walk from downtown Franklin, and just minutes driving from Middletown, Springboro and Carlisle this home is the perfect blend of convenient and affordable.

*** Leasing Requirements
3x income minimum to qualify(4x+ preferred),
No felony convictions in past 7 years,
No violent crimes or drug convictions in the past 10 years,
6 months job history at same job required (Double security deposit may be used to offset certain criteria not being met).
Pets are allowed (up to 3) with a $75 monthly fee.
Must submit a background and credit check, $35 application fee per 18+ old member of the home.

General Lease Terms
Tenant pay all utilities
Leases are month to month
Security deposit same as first month rent,
Parking at certain buildings are assigned,
***Water, sewer, trash is billed at a Flat $50.00 monthly fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
New Housing Opportunities Inc
Bought by
Hrem-Franklin Llc and Hlrp-Franklinllc
Current Estimated Value
$572,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$363,743
Interest Rate
7.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$208,828

Purchase Details

Closed on
Jan 21, 1994
Sold by
Franchi Lino J and Franchi Marjol
Bought by
Leap and Leap Walter J

Purchase Details

Closed on
Apr 4, 1985
Sold by
Warren Daniel E and Warren Athleen
Bought by
Franchi and Franchi Lino J

Purchase Details

Closed on
Jun 12, 1978
Sold by
Deaton Deaton and Deaton Levi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Hrem-Franklin Llc $500,000 None Listed On Document
Leap $130,000 --
Franchi $135,000 --
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hrem-Franklin Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2025 01/27/25 Off Market $700 -- --
01/20/2025 01/20/25 Price Changed $700 0.0% $1 / Sq Ft
01/20/2025 01/20/25 For Rent $700 -3.4% --
01/14/2025 01/14/25 Off Market $725 -- --
12/10/2024 12/10/24 Price Changed $725 -12.1% $1 / Sq Ft
10/14/2024 10/14/24 Price Changed $825 0.0% $1 / Sq Ft
10/14/2024 10/14/24 For Rent $825 +13.8% --
08/01/2024 08/01/24 For Rent $725 -- --

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 $9,787 $159,200 $15,400 $143,800
2024 $9,787 $159,200 $15,400 $143,800
2023 $455 $76,930 $14,000 $62,930
2022 $455 $76,930 $14,000 $62,930
2021 $455 $76,930 $14,000 $62,930
2020 $455 $76,930 $14,000 $62,930
2019 $455 $76,930 $14,000 $62,930
2018 $227 $76,930 $14,000 $62,930
2017 $455 $76,930 $14,000 $62,930
2016 $455 $76,930 $14,000 $62,930
2015 $455 $76,930 $14,000 $62,930
2014 $227 $76,930 $14,000 $62,930
2013 $175 $76,930 $14,000 $62,930
Source: Public Records

Map

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