NOT LISTED FOR SALE

1056 Loretta Ave Unit 58 Columbus, OH 43211

North Linden Neighborhood

Estimated Value: $136,448 - $169,000

2 Beds
2 Baths
1,344 Sq Ft
$112/Sq Ft Est. Value

Last Sold June 22, 2019

Last sale price $65,000 $48 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $944/month

21 Days on Market

About This Home

As of June 2019

Updated 2 units/1 bedroom each side. Kitchen cabinets, counter tops, refrigerator & stove, washer & dryer in good condition. New roof in 2011. Laminate tile in bedroom, commercial tile in kitchen and hallway - very good income from each side.

Both Units Leased with rents of $600 and $575. Being sold ''AS-IS''. All buyers must be pre-approved.

Last Agent to Sell the Property

Reginald Johnson

Fathom Realty Ohio Listed on: 04/30/2019

Last Buyer's Agent

Reginald Johnson

Coldwell Banker Realty License #2016004956

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 1,344 Sq Ft Home
  • Duplex
  • Stucco

Parking

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-079688

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,348
  • Gross Income $15,600
  • Net Operating Income $11,252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,071

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1950
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 15600.0
  • Co List Office Phone: 888-455-6040
  • MLS Status: Closed
  • Subdivision Name: Hahns
  • Income Expenses Gross Income: 15600.0
  • Annual Expenses: 4348.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1344.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-079688
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11252.0
  • Annual Operating Expense: 4348.0

Tax Info

  • Tax Annual Amount: 1071.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2020
Sold by
Revolution Realty Llc
Bought by
Revocution Realty Colorado Colorado Llc
Current Estimated Value
$150,862

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 22, 2019
Sold by
Don Jon Holdings Llc
Bought by
Revolution Realty Llc
Seller's Agent
Reginald Johnson
Fathom Realty Ohio
Buyer's Agent
Reginald Johnson
Coldwell Banker Realty
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Listed on
Apr 14, 2017
Closed on
May 17, 2017
Sold by
Sackie Marcia L
Bought by
Don Jon Holdings Llc
Seller's Agent
Sharon Bowen
Coldwell Banker Realty
Buyer's Agent
Brian Farris
Cornerstone Premier Realty LLC
List Price
$44,000
Sold Price
$40,000
Premium/Discount to List
-$4,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.01%

Purchase Details

Closed on
May 25, 2010
Sold by
Heartland Bank
Bought by
Sackie Marcia L

Purchase Details

Closed on
Apr 29, 2010
Sold by
Thompson Donny
Bought by
Heartland Bank

Purchase Details

Closed on
Nov 10, 2006
Sold by
Db Structured Products Inc
Bought by
Thompson Donny

Purchase Details

Closed on
Jul 26, 2006
Sold by
Robinson Angie
Bought by
Db Structured Products Inc

Purchase Details

Closed on
Jul 9, 1998
Sold by
Barrett Barbara
Bought by
Robinson Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.17%

Purchase Details

Closed on
Jul 7, 1998
Sold by
C & L Property Rentals
Bought by
Barrett Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.17%

Purchase Details

Closed on
Nov 3, 1995
Sold by
Remlinger Joseph P
Bought by
Cowan Edmund H and Cowan Noelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,600
Interest Rate
7.88%
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
Revocution Realty Colorado Colorado Llc -- Metropolis Title
Revolution Realty Llc $130,000 None Available
Don Jon Holdings Llc $40,000 None Available
Sackie Marcia L $14,000 All Ohio Title Agency Llc
Heartland Bank $16,000 None Available
Thompson Donny $14,000 Attorney
Db Structured Products Inc $20,000 None Available
Robinson Angie $57,000 --
Barrett Barbara $28,000 --
Cowan Edmund H $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Angie $42,750
Previous Owner Cowan Edmund H $17,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2019 06/22/19 Sold $65,000 -7.0% $48 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $69,900 0.0% $52 / Sq Ft
04/21/2019 04/21/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $69,900 +74.8% $52 / Sq Ft
05/17/2017 05/17/17 Sold $40,000 -9.1% $30 / Sq Ft View Prior Sale
04/17/2017 04/17/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $44,000 -- $33 / 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 $1,798 $39,240 $9,520 $29,720
2023 $1,809 $39,235 $9,520 $29,715
2022 $1,671 $30,350 $3,890 $26,460
2021 $1,055 $19,820 $3,890 $15,930
2020 $1,057 $19,820 $3,890 $15,930
2019 $1,071 $17,220 $3,360 $13,860
2018 $1,076 $17,220 $3,360 $13,860
2017 $1,130 $17,220 $3,360 $13,860
2016 $1,190 $17,510 $3,120 $14,390
2015 $1,083 $17,510 $3,120 $14,390
2014 $1,086 $17,510 $3,120 $14,390
2013 $583 $19,075 $3,115 $15,960
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Reginald Johnson

    Fathom Realty Ohio

  • Tristam Griffith

    Buyer Co-Listing Agent in 2019

    Tristam Griffith

    Cap Rate Realty

    (614) 506-3086

    10 in this area

    76 Total Sales

    Tristam Griffith
    Section Image

  • S

    Seller's Agent in 2017

    Sharon Bowen

    Coldwell Banker Realty

    Section Image
  • Brian Farris

    Buyer's Agent in 2017

    Brian Farris

    Cornerstone Premier Realty LLC

    (614) 282-2097

    6 in this area

    61 Total Sales

    Brian Farris
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219012182

Columbus and Central Ohio Regional MLS

APN: 010-079688

Ohio Franklin County Columbus 43211 North Linden

1056 Loretta Ave Unit 58, Columbus, OH

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