NOT LISTED FOR SALE

5514 Section Ave Cincinnati, OH 45212

Estimated Value: $130,000 - $163,000

2 Beds
1 Bath
1,320 Sq Ft
$108/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $116,000 $88 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $967/month

3 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • 4-minute walk to Hunter Park

About This Home

As of July 2023

Come check out this wonderful single family home in Norwood,OH! Featuring 2 beds, 1 bath and a built-in garage. An easily converted third bedroom or dining room ,the choice is yours! The full basement brings more space and a blank canvas to the home for your design. Don't miss out on this opportunity; it will not last for long!

Last Listed By

Arthur Greenlee IV

eXp Realty License #2021000929 Listed on: 05/31/2023

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,794

Year Built

  • Built in 1940

Lot Details

  • 3,311 Sq Ft Lot
  • Lot Dimensions are 33 x 100

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,794

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Cooling: Ceiling Fans, Window Units
  • Heating: Electric, Forced Air, Natural Gas
  • Zoning: Residential
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1020.0
  • Architecture: Ranch
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Directions: N on Reading, R on Northcutt, L on Section
  • GarageYN: Yes
  • ListOfficeEmail: oh.broker@exprealty.net
  • Lot Measurement: Square Feet
  • Showing Start Date: 2023-05-31
  • Ownership: Consumer
  • Property Subtype 1: Single Family Residence
  • RoadFrontageType: Private Road
  • StructureType: Detached Home
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Property Type: Residential
  • Appliances: Electric Water Heater
  • Basement: Full, Finished
  • Flooring: Wood
  • Levels: One
  • Total Bathrooms: 1
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1320.0
  • Lot Size Area: 3311.0
  • Street Number Modifier: 5514
  • Windows: Aluminum Frames

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 120000.0
  • Acres: 0.076
  • New Construction: No

Garage/Parking

  • Garage Spaces: 1.0
  • Parking: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Yes/No: No

Schools

  • District: Norwood City SD

Lot Info

  • Lot Dimensions: 33 x 100
  • Lot Size Sq Ft: 3311.0
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Verification: No

Tax Info

  • Tax Annual Amount: 1794.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 28, 2023
Sold by
Henize Ken
Bought by
Cincinnati Area Real Estate Partners Llc
Seller's Agent
Arthur Greenlee IV
eXp Realty
Buyer's Agent
Arthur Greenlee IV
eXp Realty
List Price
$120,000
Sold Price
$116,000
Premium/Discount to List
-$4,000
-3.33%
Total Days on Market
3
Views
81
Current Estimated Value
$142,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,515
Avg. Annual Appreciation
12.48%
Original Mortgage
$87,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 17, 2012
Closed on
Aug 1, 2012
Sold by
The Bank Of New York Mellon
Bought by
Henize Ken
Seller's Agent
Lynn Murphy Dickerscheid
eXp Realty
Buyer's Agent
Debra Miller
RE/MAX Alliance Realty
List Price
$20,500
Sold Price
$18,000
Premium/Discount to List
-$2,500
-12.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.53%

Purchase Details

Closed on
May 31, 2012
Sold by
Kresser Erma Lee and Kresser John L
Bought by
The Bank Of New York Mellon and The Bak Of New York

Range of Values:

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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
Cincinnati Area Real Estate Partners Llc $116,000 Rivertowne Title
Henize Ken $18,000 Omega Title Agency Llc
The Bank Of New York Mellon $34,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cincinnati Area Real Estate Pa $165,000
Closed Cincinnati Area Real Estate Partners Llc $87,000
Previous Owner Kresser Erma Lee $50,000
Previous Owner Kresser Erma Lee $27,000
Previous Owner Kresser Erma Lee $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $116,000 -3.3% $88 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $120,000 +566.7% $91 / Sq Ft
11/15/2012 11/15/12 Off Market $18,000 -- --
08/15/2012 08/15/12 Sold $18,000 -12.2% $14 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
05/17/2012 05/17/12 For Sale $20,500 -- $16 / 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 $2,075 $38,805 $9,125 $29,680
2023 $2,009 $38,805 $9,125 $29,680
2022 $1,794 $29,078 $6,916 $22,162
2021 $1,736 $29,078 $6,916 $22,162
2020 $1,742 $29,078 $6,916 $22,162
2019 $1,655 $25,505 $6,066 $19,439
2018 $1,657 $25,505 $6,066 $19,439
2017 $1,567 $25,505 $6,066 $19,439
2016 $405 $6,301 $5,702 $599
2015 $356 $6,301 $5,702 $599
2014 $361 $6,301 $5,702 $599
2013 $1,498 $26,821 $6,066 $20,755
Source: Public Records

Agents Affiliated with this Home

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Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1773587

MLS of Greater Cincinnati (CincyMLS)

APN: 651-0002-0015