NOT LISTED FOR SALE

117 E 7th Ave Unit 121 Columbus, OH 43201

Weinland Park Neighborhood

Estimated Value: $395,000 - $845,475

6 Beds
3 Baths
4,640 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $339,878 $73 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,135/month

113 Days on Market

About This Home

As of October 2013

Five nicely remodeled 928sf 2BR townhouses that are walking distance to the Ohio State University. Amenities include, new windows, hardwood floors, off street parking and new kitchens. Tenants pay gas and electric. Water is back billed to tenants.

Last Agent to Sell the Property

William Bruggeman

Columbus Metro License #2011002552 Listed on: 05/29/2013

Last Buyer's Agent

Richard Bruggeman

Columbus Metro License #189898

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,573

Year Built

  • Built in 1915

Lot Details

  • 4,356 Sq Ft Lot
  • Additional Parcels

Parking

  • 8 Parking Spaces

Home Design

  • 4,640 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-063603

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $15,000
  • Gross Income $45,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,573

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2011
  • Lot Size Acres: 0.1
  • Total Gross Income: 45000.0
  • Co List Office Phone: 614-621-3000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 95.78
  • Income Expenses Gross Income: 45000.0
  • Annual Expenses: 15000.0
  • General Property Info Building Sq Ft: 4640.0
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 8.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-063603
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels Description: 010-263050-00
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 30000.0
  • Annual Operating Expense: 15000.0

Tax Info

  • Tax Annual Amount: 3572.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Oct 23, 2013
Sold by
Bruggeman Richard J
Bought by
117 East Seventh Avenue Llc
Seller's Agent
William Bruggeman
Columbus Metro
Buyer's Agent
Richard Bruggeman
Columbus Metro
List Price
$400,000
Sold Price
$339,878
Premium/Discount to List
-$60,122
-15.03%
Current Estimated Value
$544,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,453
Avg. Annual Appreciation
3.89%
Original Mortgage
$261,750
Outstanding Balance
$171,593
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$370,776

Purchase Details

Closed on
Aug 15, 2002
Sold by
Stevenson William W
Bought by
Bruggeman Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.63%

Purchase Details

Closed on
Aug 14, 2002
Sold by
Bruggeman Richard J and Bruggeman Christina T
Bought by
Stevenson William W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.63%

Purchase Details

Closed on
Jun 27, 2002
Sold by
W B I Ltd
Bought by
Bruggeman Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
6.63%

Purchase Details

Closed on
Jul 14, 2000
Sold by
Macron Investments
Bought by
W B I Ltd

Purchase Details

Closed on
Jun 29, 1981
Bought by
Marcon Investments
Source: Public Records
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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
117 East Seventh Avenue Llc $339,900 None Available
Bruggeman Richard J -- Northwest Title
Stevenson William W -- Northwest Title
Bruggeman Richard J $90,000 --
W B I Ltd $127,000 Franklin Abstract
Marcon Investments -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 117 East Seventh Avenue Llc $261,750
Previous Owner Bruggeman Richard J $97,500
Previous Owner Bruggeman Richard J $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $339,878 -15.0% $73 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $400,000 -- $86 / 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 $3,797 $82,860 $22,410 $60,450
2023 $3,750 $82,845 $22,400 $60,445
2022 $4,621 $86,960 $15,480 $71,480
2021 $4,630 $86,960 $15,480 $71,480
2020 $4,636 $86,960 $15,480 $71,480
2019 $4,702 $75,620 $13,450 $62,170
2018 $4,521 $75,620 $13,450 $62,170
2017 $4,700 $75,600 $13,440 $62,160
2016 $4,775 $70,280 $13,440 $56,840
2015 $4,347 $70,280 $13,440 $56,840
2014 $3,675 $70,280 $13,440 $56,840
2013 $1,821 $45,500 $13,440 $32,060
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    William Bruggeman

    Columbus Metro

  • R

    Buyer's Agent in 2013

    Richard Bruggeman

    Columbus Metro

    (614) 496-1505

    2 Total Sales

    Richard Bruggeman
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 213019110

Columbus and Central Ohio Regional MLS

APN: 010-063603

Ohio Franklin County Columbus 43201 Weinland Park

117 E 7th Ave Unit 121, Columbus, OH

Not Listed for Sale

MultiFamily

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