NOT LISTED FOR SALE

Estimated Value: $261,000 - $365,936

5 Beds
3 Baths
2,053 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $139,900 $68 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,149/month

43 Days on Market

Highlights

  • Wood Frame Window
  • 2 Car Detached Garage
  • 2-minute walk to Mitchell Triangle
  • Walnut Hills High School Rated A+
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

Terrific investment opportunity, or live nearly for free as an owner occupant! This captivating brick home has unique architectural details throughout and an enclosed front porch. Fully rented, bringing in $1700 a month at a 10% cap rate! Just a short walk to Xavier University. Includes appliances and washer & dryer for each unit. Don't miss out!

Last Agent to Sell the Property

Dustin Krumpack

Key Realty, LTD. License #2014003679 Listed on: 04/05/2019

Key Realty, LTD.

Last Buyer's Agent

Scott Oyler

Coldwell Banker Realty License #2003011808

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,603

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50x100

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,053 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Frame Window
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $600
  • Water Sewer Expense $290
  • Gross Income $19,200
  • Net Operating Income $15,296

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,603

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Suburb: Avondale
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 65.00
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 4879.00
  • Suburb S I C: Avondale
  • Public Transportn: Bus line nearby.
  • Year Built: 1910
  • Appliance Include: Stove, Refrigerator, Washer, Dryer
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Reading Rd to Lenox Place. One block north of Clinton Springs.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 2
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Duplex
  • Occupancy: Tenant Right
  • Second Floor Area: 870
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 15296.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: $1,412
  • Waste Removal: 190
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 2053.00
  • Windows: Wood, Insulated, Vinyl
  • One Bedroom Rent: 650.00
  • One Bedroom Number of Units: 1
  • Three+ Bedroom Rent: 950.00

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 149900.00
  • New Construction: No

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00
  • Parking Spaces: 2
  • Parking: Garage, Off Street, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 290

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 2824

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50X100

Multi Family

  • Gross Income: 19200.00
  • Total Buildings: 1
  • Insurance: 600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 14, 2019
Sold by
Koro Properties Llc
Bought by
Li Jessica F
Seller's Agent
Dustin Krumpack
Key Realty, LTD.
Buyer's Agent
Scott Oyler
Coldwell Banker Realty
List Price
$149,900
Sold Price
$139,900
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$319,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,745
Avg. Annual Appreciation
13.87%
Original Mortgage
$125,910
Outstanding Balance
$110,481
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$209,164

Purchase Details

Closed on
Oct 28, 2015
Sold by
Roberts Quentin
Bought by
Koro Properties Llc

Purchase Details

Closed on
May 1, 2015
Sold by
Ebel Partners Llc
Bought by
Roberts Quentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,098
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 17, 2013
Closed on
Mar 7, 2013
Sold by
Spears Sue Ann and Spears Sue A
Bought by
Ebel Partners Llc
Seller's Agent
Susan Welsh
Coldwell Banker Realty
Buyer's Agent
Susan Welsh
Coldwell Banker Realty
List Price
$114,900
Sold Price
$75,000
Premium/Discount to List
-$39,900
-34.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
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
Li Jessica F $139,900 Lawyers Title Of Cincinnati
Koro Properties Llc -- American Homeland Title
Roberts Quentin $105,000 Attorney
Ebel Partners Llc $75,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jessica F $125,910
Previous Owner Roberts Quentin $103,098
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2020 03/10/20 Off Market $139,900 -- --
06/20/2019 06/20/19 Sold $139,900 -6.7% $68 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $149,900 0.0% $73 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $149,900 +99.9% $73 / Sq Ft
06/05/2013 06/05/13 Off Market $75,000 -- --
03/07/2013 03/07/13 Sold $75,000 -34.7% $37 / Sq Ft View Prior Sale
02/12/2013 02/12/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $114,900 -- $56 / 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 $5,603 $91,466 $16,503 $74,963
2023 $5,679 $91,466 $16,503 $74,963
2022 $3,386 $48,965 $13,538 $35,427
2021 $3,283 $48,965 $13,538 $35,427
2020 $3,346 $48,965 $13,538 $35,427
2019 $2,812 $36,751 $12,198 $24,553
2018 $2,814 $36,751 $12,198 $24,553
2017 $2,710 $36,751 $12,198 $24,553
2016 $1,987 $26,251 $10,763 $15,488
2015 $1,777 $26,251 $10,763 $15,488
2014 $1,786 $26,251 $10,763 $15,488
2013 $1,172 $26,251 $10,763 $15,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1616636

MLS of Greater Cincinnati (CincyMLS)

APN: 110-0003-0014