NOT LISTED FOR SALE

1057 E 15th Ave Unit 1059 Columbus, OH 43211

South Linden Neighborhood

Estimated Value: $211,000 - $262,000

6 Beds
2 Baths
2,408 Sq Ft
$96/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $166,000 $69 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,477/month

77 Days on Market

About This Home

As of September 2021

Trouble finding properties that produce 1% rent -to-price ratio?...this one exceeds it! 1057-1059 E. 15th Ave. is a 100% occupied, performing 3BR/1BA per side duplex in the rapidly changing Linden Neighborhood. How rapidly?- the City of Columbus has allocated nearly $35m for neighborhood improvements in the community. Major improvements to 1057-1059 E. 15th were completed in 2018. 1057 is leased at $900/mo. ($825 rent and $75 water). 1059 is leased at $911/mo. ($825 rent +$75 water+$11 fee). The comparable duplex next door just closed at $250k and 1116-1118 E. 15th is in contract at $259k! The cherry on top- This property is under professional management by ROOST Real Estate Co., who is willing to stay on after the sale. Do not miss the opportunity to add this cash cow to your portfolio.

Last Agent to Sell the Property

Brandon Sturgill

OwnerLand Realty, Inc. Listed on: 06/18/2021

Last Buyer's Agent

Remington Lyman

Reafco License #2022001862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1927

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 2,408 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-048387

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,519
  • Gross Income $21,732
  • Net Operating Income $15,212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,183

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1927
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 21732.0
  • Co List Office Phone: 614-706-1115
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 21732.0
  • Annual Expenses: 6519.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2408.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • 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:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Sewer: Public Sewer
  • 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: 010-048387
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15212.0
  • Annual Operating Expense: 6519.0

Tax Info

  • Tax Annual Amount: 1183.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Sep 20, 2021
Sold by
1057 9 E 15Th Llc
Bought by
Rao Shashank
Seller's Agent
Brandon Sturgill
OwnerLand Realty, Inc.
Buyer's Agent
Remington Lyman
Reafco
List Price
$165,000
Sold Price
$166,000
Premium/Discount to List
$1,000
0.61%
Current Estimated Value
$231,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,590
Avg. Annual Appreciation
7.58%
Original Mortgage
$124,500
Outstanding Balance
$114,757
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$107,759

Purchase Details

Closed on
Nov 2, 2017
Sold by
Contch Haja
Bought by
10579 East 15Th Llc

Purchase Details

Closed on
Oct 19, 2009
Sold by
Dalton Dawn
Bought by
Contch Haja

Purchase Details

Closed on
Aug 31, 2006
Sold by
Dalton Richard and Dalton Dawn
Bought by
Renee Senchan Trust and Dalton Dawn

Purchase Details

Closed on
Jul 28, 1999
Sold by
Village Real Property Equities Co
Bought by
Dalton Richard B and Dalton Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
7.69%

Purchase Details

Closed on
Dec 2, 1998
Sold by
First Bremen Bank
Bought by
Village Real Property Equities Co

Purchase Details

Closed on
Oct 5, 1995
Sold by
Property Owner Services
Bought by
Calloway Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rao Shashank $166,000 Great American Title
10579 East 15Th Llc $30,000 Preferred Title Box
Contch Haja $4,900 Attorney
Renee Senchan Trust $45,100 None Available
Dalton Richard B $68,000 Golden Title Agency Inc
Village Real Property Equities Co $40,000 --
Calloway Lawrence R $74,851 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Shashank $124,500
Previous Owner 1057 9 E 15Th Llc $491,750
Previous Owner Dalton Richard B $69,700
Previous Owner Dalton Richard B $61,200
Previous Owner Calloway Lawrence R $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $166,000 +0.6% $69 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $165,000 -- $69 / 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 $3,048 $66,500 $5,390 $61,110
2023 $3,010 $66,500 $5,390 $61,110
2022 $1,446 $22,190 $2,240 $19,950
2021 $1,181 $22,190 $2,240 $19,950
2020 $1,183 $22,190 $2,240 $19,950
2019 $1,687 $18,490 $1,860 $16,630
2018 $1,102 $18,490 $1,860 $16,630
2017 $1,281 $18,490 $1,860 $16,630
2016 $1,201 $17,680 $2,380 $15,300
2015 $1,191 $17,680 $2,380 $15,300
2014 $1,096 $17,680 $2,380 $15,300
2013 $601 $19,635 $2,660 $16,975
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brandon Sturgill

    OwnerLand Realty, Inc.

  • Remington Lyman

    Buyer's Agent in 2021

    Remington Lyman

    Reafco

    (614) 541-8475

    33 in this area

    413 Total Sales

    Remington Lyman
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221021863

Columbus and Central Ohio Regional MLS

APN: 010-048387

Ohio Franklin County Columbus 43211 South Linden

1057 E 15th Ave Unit 1059, Columbus, OH

This home is located at 1057 E 15th Ave Unit 1059, Columbus, OH 43211 since 18 June 2021 and is currently estimated at $231,590, approximately $96 per square foot. This property was built in 1927. 1057 E 15th Ave Unit 1059 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.

Nearby Homes