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3998 Simpson Ave

Cincinnati, OH 45227

3 bd 1 ba 960 sqft Built 1948 Lot 4,704 sqft single_family
Most recent sale
$200,000
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 7, 2025 Sold $239,500 Public Record
Oct 4, 2024 Listed $239,900 Cincinnati
Sep 17, 2024 Listed for rent $2,200 Cincinnati
Sep 7, 2022 Sold $200,000 Public Record
Jun 22, 2022 Price changed $228,000 MLS #1722092
May 29, 2022 Price changed $233,000 MLS #1722092
Dec 1, 2021 Price changed $238,000 MLS #1722092
Nov 12, 2021 Listed $248,000 MLS #1722092
Jan 1, 1978 Sold $27,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $50,456 $19,544 $70,000 $5,244
2023 $50,456 $19,544 $70,000 $4,761
2022 $28,882 $10,493 $39,375 $3,233
2021 $28,882 $10,493 $39,375 $3,090
2020 $28,882 $10,493 $39,375 $3,127
2019 $25,561 $9,286 $34,847 $3,057
2018 $25,561 $9,286 $34,847 $2,987
2017 $25,561 $9,286 $34,847 $2,564
2016 $21,494 $9,279 $30,773 $2,356
2015 $21,494 $9,279 $30,773 $2,352
2014 $21,494 $9,279 $30,772 $2,360
2013 $20,867 $9,009 $29,876 $2,182
2012 $20,867 $9,009 $29,876 $2,189
2011 $20,867 $9,009 $29,876 $2,130
2010 $22,110 $8,830 $30,940 $2,138
2009 $22,110 $8,830 $30,940 $1,854
2008 $22,110 $8,830 $30,940 $1,762
2007 $20,860 $8,330 $29,190 $1,711
2006 $20,860 $8,330 $29,190 $1,517

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
4,704 sqft
ZIP code
45227
City
Cincinnati
Street
Simpson Ave
Coordinates
39.14851, -84.39049

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,440
Gross rental yield
8.64%
Implied cap rate
5.62%
Trend-extrapolated value

Frequently asked questions

When did 3998 Simpson Ave last sell?
3998 Simpson Ave most recently sold on Sep 7, 2022 for $200,000.
What is the current tax assessment for 3998 Simpson Ave?
The most recent total assessment for 3998 Simpson Ave (year 2025) is $70,000 with $5,244 in property tax.
How does 3998 Simpson Ave's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $200,000.
When was 3998 Simpson Ave built?
3998 Simpson Ave was built in 1948.
How does 3998 Simpson Ave compare to others on Simpson Ave?
We track 8 other properties on Simpson Ave. Browse the list under "Other properties on Simpson Ave" to compare beds, baths, and sale history.
What are the property facts for 3998 Simpson Ave?
3998 Simpson Ave is a 3 bed, 1 bath, 960 sqft, 4,704 sqft lot single_family.
Is 3998 Simpson Ave a flip candidate?
No — 3998 Simpson Ave does not appear in our flips dataset.
Is 3998 Simpson Ave a tax-appeal candidate?
No — 3998 Simpson Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.3%
Implied 1-yr
+25.0%
2026 Q3
$438.7K
2026 Q4
$458.2K
ZIP 45227 — Median Price History + Forecast

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