NOT LISTED FOR SALE

1006 E 16th Ave Unit 8 Columbus, OH 43211

South Linden Neighborhood

Estimated Value: $248,000 - $256,000

6 Beds
2 Baths
2,352 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $65,000 $28 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $1,659/month

49 Days on Market

About This Home

As of August 2018

Great Investment Opportunity on this 100% Occupied Duplex in the Linden area currently bringing in $1,070 in rent every month. Each unit has 3 beds/1 bath. Newer windows, roof, siding and mechanicals. Professional property management in place. Curb offers, please do not disturb the tenants. Cash offers only, property is being sold As-Is.

Last Agent to Sell the Property

Jeff Kowalczuk

Nexrise Real Estate, LLC License #2018001391 Listed on: 06/25/2018

Last Buyer's Agent

Brian Breeckner

Realty Executives Decision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 2,352 Sq Ft Home
  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-033818

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,141
  • Gross Income $1,070
  • Net Operating Income $11,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,131

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 1070.0
  • Co List Office Phone: 614-499-5406
  • MLS Status: Closed
  • Subdivision Name: Linden
  • Income Expenses Gross Income: 1070.0
  • Annual Expenses: 1141.36
  • General Property Info Building Sq Ft: 2352.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-033818
  • Lot Size Sq Ft: 3920.4

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11698.0
  • Annual Operating Expense: 1141.36

Tax Info

  • Tax Annual Amount: 1131.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Tangent Real Estate Llc
Bought by
Faist Steven and Faist Cami
Current Estimated Value
$252,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$252,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$16,957

Purchase Details

Closed on
Aug 31, 2022
Sold by
Tangent Real Estate Ii Llc
Bought by
Tangent Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2020
Sold by
Equity Trust Company
Bought by
Tangent Real Estate Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jul 27, 2018
Sold by
Patriarch Investments Llc
Bought by
Equity Trust Company and Thomas Gessells Ira
Seller's Agent
Jeff Kowalczuk
Nexrise Real Estate, LLC
Buyer's Agent
Brian Breeckner
Realty Executives Decision
List Price
$72,500
Sold Price
$65,000
Premium/Discount to List
-$7,500
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.03%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Purplestone Dwellings Llc
Bought by
Patriarch Investments Llc

Purchase Details

Closed on
May 6, 2011
Sold by
Home Landings Llc
Bought by
Purplestone Dwellings Llc

Purchase Details

Closed on
May 2, 2007
Sold by
The Stillwater Asset Backed Fund Lp
Bought by
Home Landings Llc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Griffin Eryck M
Bought by
The Stillwater Asset Backed Fund Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Regions Bank
Bought by
Griffin Eryck M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Oketta John and Case #01Cve11 11413
Bought by
Regions Bank

Purchase Details

Closed on
Jul 12, 1999
Sold by
Schmidt Leonard J and Schmidt Andrea D
Bought by
Oketta John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
11.07%

Purchase Details

Closed on
Jul 29, 1996
Sold by
Foreclosure Real Estate
Bought by
Leonard J Schmidt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
8.43%
Mortgage Type
New Conventional
Source: Public Records

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
Faist Steven $252,000 Stewart Title
Tangent Real Estate Llc -- Landsel Title Agency
Tangent Real Estate Ii Llc $140,000 Stewart Ttl Agcy Of Cols Ltd
Equity Trust Company $65,000 Chase Title & Escrow
Patriarch Investments Llc $182,400 Hostetler Title
Purplestone Dwellings Llc $19,500 None Available
Home Landings Llc -- Title First
The Stillwater Asset Backed Fund Lp -- --
Griffin Eryck M $35,000 New Horizons Land Title
Regions Bank $17,000 --
Oketta John $80,000 Landsel Title Agency
Leonard J Schmidt $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faist Steven $252,000
Previous Owner Tangent Real Estate Llc $187,500
Previous Owner Tangent Real Estate Ii Llc $112,000
Previous Owner Griffin Eryck M $59,500
Previous Owner Oketta John $64,000
Previous Owner Leonard J Schmidt $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2018 08/07/18 Sold $65,000 -10.3% $28 / Sq Ft
07/08/2018 07/08/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $72,500 -- $31 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $3,409 $74,380 $5,150 $69,230
2023 $3,366 $74,380 $5,150 $69,230
2022 $3,208 $40,220 $2,170 $38,050
2021 $2,141 $40,220 $2,170 $38,050
2020 $1,164 $21,840 $2,170 $19,670
2019 $1,132 $18,200 $1,820 $16,380
2018 $1,438 $18,200 $1,820 $16,380
2017 $1,125 $18,200 $1,820 $16,380
2016 $1,118 $16,460 $950 $15,510
2015 $1,747 $16,460 $950 $15,510
2014 $619 $9,980 $950 $9,030
2013 $339 $11,095 $1,050 $10,045
Source: Public Records

Agents Affiliated with this Home

  • Jeff Kowalczuk

    Seller's Agent in 2018

    Jeff Kowalczuk

    Nexrise Real Estate, LLC

    (614) 456-9000

    82 Total Sales

    Section Image

  • B

    Buyer's Agent in 2018

    Brian Breeckner

    Realty Executives

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218016241

Columbus and Central Ohio Regional MLS

APN: 010-033818

Ohio Franklin County Columbus 43211 South Linden

1006 E 16th Ave Unit 8, Columbus, OH

This home is located at 1006 E 16th Ave Unit 8, Columbus, OH 43211 since 25 June 2018 and is currently estimated at $252,452, approximately $107 per square foot. This property was built in 1920. 1006 E 16th Ave Unit 8 is a home located in Franklin County with nearby schools including Windsor Stem Acadmey, Linden-Mckinley Stem School On Arcadia, and North Columbus Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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