NOT LISTED FOR SALE

Estimated Value: $723,000 - $949,000

6 Beds
4 Baths
4,840 Sq Ft
$168/Sq Ft Est. Value

Last Sold February 11, 2014

Last sale price $463,000 $96 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,419/month

143 Days on Market

About This Home

As of February 2014

Investment Opportunity in the heart of Victorian Village! Upgrades include central air and new furnaces in 3 of the units, granite countertops, 2500+ square feet of ? inch hardwood, stainless steel appliances, upgraded electrical system, 4 bathrooms renovated, 2 new kitchens, roof repairs, gutters, tuck-pointing, 120 feet of sidewalk, painting, landscaping, french drains, etc. Possible Carriage House opportunity. Quarter operated laundry. Owner/Agent

Last Listed By

Benjamin Babeaux

Carleton Realty, LLC Listed on: 08/03/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,545

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 4,840 Sq Ft Home

Parking

  • 10 Parking Spaces
  • Shared Driveway

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-039257

Community Details

Overview

  • 4 Units

Building Details

  • Water Sewer Expense $1,800
  • Operating Expense $10,095
  • Gross Income $53,220
  • Net Operating Income $41,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,545

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2012
  • Lot Size Acres: 0.16
  • Total Gross Income: 53220.0
  • Co List Office Phone: 614-891-0000
  • MLS Status: Closed
  • Income Expenses Gross Income: 53220.0
  • Annual Expenses: 10095.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 4840.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-039257
  • Lot Size Sq Ft: 6969.6

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 41125.0
  • Annual Operating Expense: 10095.0

Tax Info

  • Tax Annual Amount: 6544.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2013
Closed on
Feb 11, 2014
Sold by
Babeaux Benjamin M
Bought by
Fragouils Investments Llc
Seller's Agent
Benjamin Babeaux
Carleton Realty, LLC
Buyer's Agent
Maria Fragoulis
Carleton Realty, LLC
List Price
$499,000
Sold Price
$463,000
Premium/Discount to List
-$36,000
-7.21%
Total Days on Market
143
Current Estimated Value
$812,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,667
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jun 1, 2010
Sold by
Kek Investments Inc Llcc
Bought by
Babeaux Benjamin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,823
Interest Rate
5.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2004
Sold by
Jenkins Kevin R and Jenkins Kara S
Bought by
Kek Investments Inc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
May 25, 2004
Sold by
Goodman Lee J and Goodman Camilla V
Bought by
Jenkins Kevin R and Jenkins Cara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 1996
Sold by
Larue Gary
Bought by
Goodman Lee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
8.44%
Mortgage Type
Commercial

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
Fragouils Investments Llc $463,000 Srevice Title
Babeaux Benjamin M $341,000 Trinity Tit
Kek Investments Inc Llc -- --
Jenkins Kevin R $323,000 Columbus Title
Goodman Lee J $155,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fragoulis Investments Llc $150,000
Previous Owner Babeaux Benjamin M $334,823
Previous Owner Jenkins Kevin R $258,400
Previous Owner Jenkins Kevin R $48,400
Previous Owner Goodman Lee J $214,130
Previous Owner Goodman Lee J $94,600
Previous Owner Goodman Lee J $35,000
Previous Owner Goodman Lee J $124,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2014 02/11/14 Sold $463,000 -7.2% $96 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
08/03/2013 08/03/13 For Sale $499,000 -- $103 / 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 $10,705 $233,590 $77,000 $156,590
2023 $10,571 $233,590 $77,000 $156,590
2022 $12,879 $242,340 $31,920 $210,420
2021 $12,902 $242,340 $31,920 $210,420
2020 $12,921 $242,340 $31,920 $210,420
2019 $12,558 $201,950 $26,600 $175,350
2018 $12,377 $201,950 $26,600 $175,350
2017 $12,555 $201,950 $26,600 $175,350
2016 $11,009 $162,050 $23,240 $138,810
2015 $10,023 $162,050 $23,240 $138,810
2014 $7,854 $126,670 $18,170 $108,500
2013 $3,273 $107,030 $8,400 $98,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 213028507

Columbus and Central Ohio Regional MLS

APN: 010-039257