NOT LISTED FOR SALE

1181 Lockbourne Rd Unit 1183 Columbus, OH 43206

Karns Park Neighborhood

Estimated Value: $262,000 - $392,000

6 Beds
2 Baths
2,490 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $193,000 $78 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,967/month

7 Days on Market

About This Home

As of April 2021

Great opportunity to own this large double. Both sides currently rented. Each side has 3 bathrooms and 1 bath. Comps in the area are $300+ when rehabbed.

Pictures were taken prior to tenants move in.

PLEASE DO NOT DISTURB TENANTS. NO SHOWINGS UNTIL WE ARE IN CONTRACT.

HOUSE IS BEING SOLD AS IS.

**AGENT IS OWNER**

****SELLER CALLING FOR HIGHEST AND BEST BY SUNDAY MARCH 14 AT NOON**

Last Agent to Sell the Property

Bob Grden

Lotus Advisors License #2006006796 Listed on: 03/05/2021

Last Buyer's Agent

Marc Rice

Reafco License #2022005625

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,393

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,490 Sq Ft Home
  • Duplex

Parking

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-019286

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,038
  • Gross Income $15,000
  • Net Operating Income $11,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,393

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 15000.0
  • Co List Office Phone: 614-300-7395
  • MLS Status: Closed
  • Subdivision Name: Hallidays Studer Place
  • Income Expenses Gross Income: 15000.0
  • Annual Expenses: 3038.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2490.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

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: None
  • Cooling Y N: No
  • 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: 010-019286
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11962.0
  • Annual Operating Expense: 3038.0

Tax Info

  • Tax Annual Amount: 1393.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Sfr3-020 Llc
Bought by
Rao Homes Llc
Current Estimated Value
$308,798

Purchase Details

Closed on
May 23, 2022
Sold by
Sfr3-020 Llc
Bought by
Rao Homes Llc

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 30, 2021
Sold by
Slhf Limited Co
Bought by
Sfr3-020 Llc
Seller's Agent
Bob Grden
Lotus Advisors
Buyer's Agent
Marc Rice
Reafco
List Price
$184,900
Sold Price
$193,000
Premium/Discount to List
$8,100
4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%

Purchase Details

Closed on
Mar 26, 2009
Sold by
Durante Mark and Durante Mark A
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 5, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Slhf Limited

Purchase Details

Closed on
Jul 17, 2001
Sold by
Clarke Andrew M
Bought by
Durante Mark

Purchase Details

Closed on
Jul 16, 2001
Sold by
Zohar Ben Dov and Johar Ben Dov
Bought by
Durante Mark

Purchase Details

Closed on
Jul 7, 2000
Sold by
Brown Anthony and Case #99Cve09 7526
Bought by
Nicholson James A and Nicholson Ronald A

Purchase Details

Closed on
Jul 10, 1997
Sold by
Rarick Kathy J and Case #97Cve07-6821
Bought by
Bankers Trust Company and Walsh Acceptance Corp

Purchase Details

Closed on
Jul 29, 1996
Sold by
Mitchell Kenneth S
Bought by
Kathy J Rarick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.43%
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
Rao Homes Llc $150,000 Bridge Title & Escrow Services
Rao Homes Llc $150,000 Bridge Title & Escrow Services
Sfr3-020 Llc $193,000 Stewart Title
Hsbc Bank Usa National Association $89,315 Allodial
Slhf Limited $11,500 Nova Title Agency Inc
Durante Mark $8,800 --
Durante Mark $8,800 --
Durante Mark $8,800 --
Durante Mark $8,800 --
Nicholson James A $40,000 --
Bankers Trust Company $37,000 --
Kathy J Rarick $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kathy J Rarick $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $193,000 +4.4% $78 / Sq Ft
03/05/2021 03/05/21 For Sale $184,900 -- $74 / 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 $4,074 $88,900 $21,910 $66,990
2023 $2,224 $49,140 $21,910 $27,230
2022 $1,505 $26,120 $5,290 $20,830
2021 $1,391 $26,120 $5,290 $20,830
2020 $1,393 $26,120 $5,290 $20,830
2019 $1,249 $20,090 $4,060 $16,030
2018 $1,003 $20,090 $4,060 $16,030
2017 $1,041 $20,090 $4,060 $16,030
2016 $833 $12,260 $3,190 $9,070
2015 $758 $12,260 $3,190 $9,070
2014 $760 $12,260 $3,190 $9,070
2013 $482 $15,750 $3,185 $12,565
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bob Grden

    Lotus Advisors

    1 in this area

    12 Total Sales

    Bob Grden
    Section Image
  • Marc Rice

    Buyer's Agent in 2021

    Marc Rice

    Reafco

    (614) 363-2787

    9 in this area

    148 Total Sales

    Marc Rice
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221006164

Columbus and Central Ohio Regional MLS

APN: 010-019286

Ohio Franklin County Columbus 43206 Karns Park

1181 Lockbourne Rd Unit 1183, Columbus, OH

Not Listed for Sale

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