NOT LISTED FOR SALE

117 Rheem St Delaware, OH 43015

Estimated Value: $231,000 - $316,536

4 Beds
3 Baths
2,140 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $170,000 $79 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,756/month

3 Days on Market

About This Home

As of July 2019

Must See!! 2 bedroom, 1.5 bathroom duplex in Delaware. Schedule your appointment today to see this rental home in Delaware...it won't last long. Large eat in kitchen open to the spacious family room. 1/2 bath with laundry hookups on first level. Upstairs there are 2 bedrooms with good size closets and built ins. Great covered porch with 2nd level deck, fenced yard and detached 2 car garage.
Notable features include:
-2 bedrooms
-1 1/2 bathrooms
-Large eat in kitchen
-Spacious family room
-Luxury vinyl plank flooring throughout
-Built ins
-Covered porch
-2nd level deck
-Fenced yard
-Detached 2 car garage
-Off Street parking
-Close to downtown Delaware, shopping and dining

**Pet Friendly**

(All properties are rented as-is)
*$99 One Time lease administrative fee.
*$85.00 for water per month
*Application fees $75 per applicant.

"All Tenants of FYVE are required to be enrolled in one of FYVE's Enhanced Renter Services Plans. If no plan is chosen prior to Lease commencement, you will be automatically enrolled in FYVE's Standard Plan at a monthly rate of $39.00.
Contact us today for your personal tour of this great home - it will NOT last long!

Selling or Renting your home with the FYVE Realty, EXCLUSIVE, UNMATCHED, 277 Point, Compound, & Hybrid, Marketing Systems is the answer.

"We get results in "this market!"

Last Agent to Sell the Property

Courtney Price

Key Realty License #2015001871 Listed on: 06/06/2019

Key Realty

Co-Listed By

Karen Nowlin

CR Inactive Office

Last Buyer's Agent

Melissa Green

RE/MAX Consultant Group License #2003008191

RE/MAX Consultant Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,572

Year Built

  • Built in 1901

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • 2,140 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • 5 Car Detached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 519-443-03-036-000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Maintenance Expense $1,909
  • Operating Expense $5,181
  • Gross Income $18,600
  • Net Operating Income $13,419

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,572

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1901
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.23
  • Total Gross Income: 18600.0
  • Co List Office Mls Id: 10141
  • Co List Office Phone: 614-300-0771
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 83.64
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 18600.0
  • Annual Expenses: 5181.1
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2140.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 5.0
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

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

Schools

  • Junior High Dist: DELAWARE CSD 2103 DEL CO.

Lot Info

  • Parcel Number: 519-443-03-036-000
  • Lot Size Sq Ft: 10018.8

Multi Family

  • Monthly Rent (Other): 225.0
  • Number Of Units Total: 2
  • Insurance Expense: 700.0
  • Maintenance Expense: 1909.0
  • Net Operating Income: 13418.9
  • Annual Operating Expense: 5181.1

Tax Info

  • Tax Annual Amount: 2572.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 25, 2019
Sold by
Lynch Quentin D and Lynch Krissa M
Bought by
117 Rheem Llc
Seller's Agent
Courtney Price
Key Realty
Buyer's Agent
Melissa Green
RE/MAX Consultant Group
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Current Estimated Value
$279,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,392
Avg. Annual Appreciation
8.06%
Original Mortgage
$127,500
Outstanding Balance
$111,655
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$169,729

Purchase Details

Listed on
Jul 10, 2015
Closed on
Sep 23, 2015
Sold by
Blue James Alan and Blue Kathleen J
Bought by
Lynch Quentin D and Lynch Krissa M
Seller's Agent
Rhonda Crum
Key Realty
Buyer's Agent
Bradley Hulls
Alt Company, Realtors
List Price
$129,800
Sold Price
$120,000
Premium/Discount to List
-$9,800
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$90,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2013
Sold by
Blue James Alan
Bought by
Blue James Alan and Blue Kathleen J

Purchase Details

Closed on
Dec 12, 2011
Sold by
Blue Clara Jo
Bought by
Blue James Alan

Purchase Details

Closed on
Apr 7, 2005
Sold by
Stewart Cheryll L and Clark John Harold
Bought by
Blue James Alan and Blue Clara Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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 Rheem Llc $170,000 World Class Title Agency
Lynch Quentin D $120,000 Great American Title
Blue James Alan -- None Available
Blue James Alan -- Attorney
Blue James Alan $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 117 Rheem Llc $127,500
Previous Owner Lynch Quentin D $90,000
Previous Owner Blue James Alan $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 For Rent $1,247 0.0% --
07/26/2019 07/26/19 Sold $170,000 -5.0% $79 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $179,000 +49.2% $84 / Sq Ft
09/23/2015 09/23/15 Sold $120,000 -7.6% $53 / Sq Ft View Prior Sale
08/24/2015 08/24/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $129,800 -- $58 / 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 $3,656 $75,570 $10,710 $64,860
2023 $3,663 $75,570 $10,710 $64,860
2022 $3,321 $59,500 $8,330 $51,170
2021 $3,394 $59,500 $8,330 $51,170
2020 $3,436 $59,500 $8,330 $51,170
2019 $2,571 $40,360 $7,250 $33,110
2018 $2,572 $40,360 $7,250 $33,110
2017 $2,315 $35,010 $6,270 $28,740
2016 $2,039 $35,010 $6,270 $28,740
2015 $2,083 $35,010 $6,270 $28,740
2014 $2,116 $35,010 $6,270 $28,740
2013 $2,128 $35,010 $6,270 $28,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219019776

Columbus and Central Ohio Regional MLS

APN: 519-443-03-036-000