NOT LISTED FOR SALE

1207 Ridge Ave Zanesville, OH 43701

Estimated Value: $61,000 - $102,000

4 Beds
2 Baths
1,620 Sq Ft
$49/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $40,000 $25 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $498/month

19 Days on Market

About This Home

As of July 2024

Do not miss out on this cash flow opportunity, with100% occupancy and Property management in place. 2br & 1ba on both sides. Unit 1207 has a long-term tenant (5yrs+ & rent $550/mo). Unit 1209 is rented at $650/mo. Please DO NOT disturb tenants. New A/C unit just installed this year 1209. The other side has window air. Plumbing has been updated. Under market rents with room for an increase. Both sides are MTM. Curb offers only. This duplex is being Sold ''AS IS''.

Last Agent to Sell the Property

Todd Berrien

Coldwell Banker Realty License #2013002395 Listed on: 06/17/2024

Coldwell Banker Realty

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $494

Year Built

  • Built in 1901

Lot Details

  • 4,356

Home Design

  • 1,620 Sq Ft Home
  • Duplex

Parking

  • 2 Parking Spaces
  • On-Street Parking

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 83-22-05-07-000

Community Details

Overview

  • 2 Units

Building Details

  • Manager Expense $1,397
  • Professional Management Expense $1,397
  • Operating Expense $3,949
  • Gross Income $14,400
  • Net Operating Income $10,451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$494

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1901
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 14400.0
  • Co List Office Phone: 614-451-0808
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 14400.0
  • Annual Expenses: 3948.52
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1620.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features On Street2: Yes

Utilities

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

Schools

  • Junior High Dist: ZANESVILLE CSD 6006 MUS CO.

Lot Info

  • Parcel Number: 83-22-05-07-000
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Resident Manager Expense: 1396.8
  • Net Operating Income: 10451.48
  • Annual Operating Expense: 3948.52

Tax Info

  • Tax Annual Amount: 494.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 27, 2024
Sold by
Bdlrei Ohio Llc
Bought by
Hart Joey David and Hart Brianna Michelle
Seller's Agent
Todd Berrien
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$60,000
Sold Price
$40,000
Premium/Discount to List
-$20,000
-33.33%
Views
7
Current Estimated Value
$78,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,723
Avg. Annual Appreciation
72.64%
Original Mortgage
$46,247
Outstanding Balance
$45,774
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$32,949

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 23, 2024
Sold by
Dillon Robert
Bought by
Bdlrei Ohio Llc
Seller's Agent
Todd Berrien
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$60,000
Sold Price
$40,000
Premium/Discount to List
-$20,000
-33.33%
Views
7

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 22, 2022
Sold by
Jtad Arnold Properties Llc
Bought by
Dillon Robert
Seller's Agent
Alan Wilson
Olde Town Realty
Buyer's Agent
Non-Member Non-Member
Non-Member
List Price
$54,900
Sold Price
$54,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.17%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Dodson Raymond E and Dodson Stephanie
Bought by
Arnold Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Hart Joey David $61,250 None Listed On Document
Bdlrei Ohio Llc $40,000 None Listed On Document
Dillon Robert $54,900 Rosenberg Lpa Llc
Dillon Robert $54,900 None Listed On Document
Arnold Jon $50,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Joey David $46,247
Previous Owner Arnold Jon $50,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $40,000 -33.3% $25 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $60,000 0.0% $37 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $60,000 +9.3% $37 / Sq Ft
02/22/2022 02/22/22 Sold $54,900 0.0% $20 / Sq Ft View Prior Sale
02/09/2022 02/09/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $54,900 -- $20 / 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 $1,030 $27,580 $2,170 $25,410
2023 $494 $12,355 $1,470 $10,885
2022 $488 $12,355 $1,470 $10,885
2021 $700 $12,355 $1,470 $10,885
2020 $805 $10,710 $1,260 $9,450
2019 $430 $10,710 $1,260 $9,450
2018 $437 $10,710 $1,260 $9,450
2017 $491 $11,585 $1,260 $10,325
2016 $498 $11,590 $1,260 $10,330
2015 $499 $11,590 $1,260 $10,330
2013 $558 $11,590 $1,260 $10,330
Source: Public Records

Agents Affiliated with this Home

  • Todd Berrien

    Seller's Agent in 2024

    Todd Berrien

    Coldwell Banker Realty

    (614) 477-3077

    2 in this area

    479 Total Sales

    Todd Berrien
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON MEMBER OFFICE

  • Alan Wilson

    Seller's Agent in 2022

    Alan Wilson

    Olde Town Realty

    (740) 607-4750

    68 in this area

    193 Total Sales

    Alan Wilson
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224018863

Columbus and Central Ohio Regional MLS

APN: 83-22-05-07-000

Ohio Muskingum County Zanesville 43701

1207 Ridge Ave, Zanesville, OH

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