Sold
Last Sold Price
8 beds4 baths
2521 Rack Court, Cincinnati, OH 45239
Multi FamilyProperty Type
0.14 acresLot Size
1956Year Built
4 carsParking Spaces

Description

Make money! This 4 family brick quad is in good shape in a good rental area. Close to shopping. All offers contingent upon lender acceptance of a short sale.Make money! This 4 family brick quad is in good shape in a good rental area. Close to shopping. All offers contingent upon lender acceptance of a short sale.
  • Listed by: John F Conley 513.266.4546 cincyequity@yahoo.com Brokerage DRE #2010002775 • Comey & Shepherd
  • Listed by: Sheri E Boone • Comey & Shepherd
Listing closed: 02/25/2011 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1185308

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Amenities

  • Baseboard Heating
  • Full Basement
  • Off-Street Parking

Location

Listing Courtesy of Comey & Shepherd

Sold By Comey & Shepherd

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Payment Calculator

$447 per month

30 year fixed, 7.03% Interest

Principal and Interest

$267

Property Taxes

$180

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2521 Rack Court

Property Details
  • Taxes: $2,162 / year
  • MLS Type: Residential Income / Multi Fam 2-4 units
Building Information
  • Residences: 4
  • Year Built: 1956
  • Lot Size: 0.14 AC / 6,142 SF
Summary
Location and General Information
  • MLS Area Major: Hamilton-W09
  • Area Short Name: W09
  • Cross Street: Monfort Hills Ave
  • Directions: Kipling to Monford Hills to right on Rack
  • FIPS Code: 61
  • Census Tract: 83.0
Taxes and HOA
  • Has Association: No
  • Parcel Number: 231-0001-0102-00
  • Semi Annual Taxes: 1081.00
  • Tax Rate: Of Record
School Information
  • High School District: Cincinnati City SD
  • School Name 1: Call SD 513-363-0000
  • School Type 1: District Phone
Parking
  • Garage: Attached
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features: Lot, Off Street
Property
Lot Information
  • Lot Area: 6142.0
  • Lot Size Acres: 0.141
  • Lot Size Dimensions: 50x123
  • Lot Size Square Feet: 6142.0
  • Lot Size Units: Acres
Property and Assessments
  • 3rd Party Approval Required: Yes
  • Annual Assessmnt Amount: Of Record
  • Has Board Loaded: No
  • Degree Complete: Existing Structure
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1956
Building Features
  • Foundation Details: Poured
  • Levels: Two
  • Structure Type: Quad
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Gas and Electric: 8400.0
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Appliance Include: 4 ranges, 4 refrigerators
  • Basement: Full
  • Heating: Gas, Baseboard
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: No
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Vinyl
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $24,720.00
  • Insurance Expense: $1,200.00
  • Net Operating Income: $11,798.00
  • New Taxes Expense: $2,162.00
  • Water Sewer Expense: $1,160.00
Unit Information
Unit 1
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $565.00
  • Rooms Total: 4
Unit 2
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $465.00
  • Rooms Total: 3
Unit 3
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $565.00
  • Rooms Total: 4
Unit 4
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $465.00
  • Rooms Total: 3
Rental
Rent Information
  • 1 Bedroom Rent: $465.00
  • 1 Bedroom Units: 2
  • 2 Bedroom Rent: $565.00
  • 2 Bedroom Units: 2
  • Heat Paid: Owner
  • Occupancy: At Closing
  • Water Paid: Owner
  • Has Lease Considered: No
  • Lease Information: Month to Month
  • Sub Lease: No

Property History for 2521 Rack Court

DateEvent & SourcePriceAppreciation
Feb 28, 2011

Sold (Public Record)

Public Record #317369354

$50,000

-46.0% / yr

Feb 25, 2011

Sold

MLS of Greater Cincinnati #1185308

$50,000—
Aug 4, 2009

Listed (Active)

MLS of Greater Cincinnati #1185308

$145,000—
DateEvent & SourcePrice
02/28/2011

Sold (Public Record)

Public Record #317369354

$50,000

-46.0% / yr

02/25/2011

Sold

MLS of Greater Cincinnati #1185308

$50,000
08/04/2009

Listed (Active)

MLS of Greater Cincinnati #1185308

$145,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2521 Rack Court

Taxable ValueLand$10,780Additions$64,754Total$75,534
Tax Record2025$6,273 ($523 / month)
Home Facts
Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories2Lot Size6,142 SqFtStyleMulti-Family Res (5+ Units)Year Built1956CountyHAMILTONAPN231-0001-0102-00

Schools near 2521 Rack Court

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 5 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Mt. Airy Elementary School
PublicPK to 6

Gilbert A. Dater High School
Public5 to 12

Western Hills University High School
Public7 to 12

Hughes STEM High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Comey & Shepherd

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