NOT LISTED FOR SALE

Estimated Value: $365,851 - $556,000

6 Beds
6 Baths
2,770 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $268,000 $97 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,020/month

32 Days on Market

Highlights

  • 0.34 Acre Lot
  • Fireplace
  • Forced Air Heating and Cooling System
  • Wilson Hill Elementary School Rated A-
  • 4 Car Attached Garage

About This Home

As of February 2019

Turnkey investment! 100% Occupied long term tenants. Excellent Location! Worthington schools, Columbus Taxes! Large - lot tenant maintained, 3 Bedrooms, 2.5 Baths. Minutes from shopping, restaurants, hospitals, Polaris Mall, IKEA and easy freeway access. Rare investment opportunity! Leases good through June/July. Current rents under market - growth opportunity. 1215 needs updated, along with some plumbing and structural work.

Property is being sold AS-IS.

Renovation credit to buyers at closing ($5,000)

Last Agent to Sell the Property

Charlotte Schermerhorn

Carleton Realty, LLC Listed on: 01/09/2019

Last Buyer's Agent

Leah Ackerman

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot

Home Design

  • Duplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,770 Sq Ft Home
  • Fireplace
  • Basement

Parking

  • 4 Car Attached Garage
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 610-179301

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,000
  • Gross Income $24,240
  • Net Operating Income $20,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,056

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1980
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.34
  • Total Gross Income: 24240.0
  • Co List Office Phone: 614-891-0000
  • MLS Status: Closed
  • Income Expenses Gross Income: 24240.0
  • Annual Expenses: 4000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2770.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 610-179301
  • Lot Size Sq Ft: 14810.4

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 20000.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 4056.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 27, 2019
Sold by
Alber Jacob and Alber Brittani
Bought by
Saini Vinay and Saini Richa
Seller's Agent
Charlotte Schermerhorn
Carleton Realty, LLC
Buyer's Agent
Leah Ackerman
Cutler Real Estate
List Price
$279,000
Sold Price
$268,000
Premium/Discount to List
-$11,000
-3.94%
Total Days on Market
32
Current Estimated Value
$449,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,963
Avg. Annual Appreciation
8.53%
Original Mortgage
$201,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 12, 2015
Sold by
Cordray Gregory J
Bought by
Alber Jacob and Alber Brittani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1993
Bought by
Cordray Gregory J
Source: Public Records

Range of Values:

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Average Value
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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
Saini Vinay $268,000 Northwest Ttl Fam Of Compani
Alber Jacob $186,000 Commerce Park Title Agency L
Cordray Gregory J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saini Vinay $206,000
Closed Saini Vinay $201,000
Closed Alber Jacob $176,700
Closed Cordray Gregory J $133,000
Closed Cordray Gregory J $120,000
Closed Cordray Gregory J $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $268,000 -3.9% $97 / Sq Ft
12/18/2018 12/18/18 For Sale $279,000 +50.0% $101 / Sq Ft
05/13/2015 05/13/15 Sold $186,000 -15.4% $67 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
02/21/2014 02/21/14 For Sale $219,900 -- $79 / 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 $5,936 $94,820 $18,900 $75,920
2023 $5,681 $94,815 $18,900 $75,915
2022 $7,086 $93,810 $14,180 $79,630
2021 $6,549 $93,810 $14,180 $79,630
2020 $5,701 $84,710 $14,180 $70,530
2019 $4,463 $60,520 $11,830 $48,690
2018 $4,606 $60,520 $11,830 $48,690
2017 $4,056 $60,520 $11,830 $48,690
2016 $4,722 $64,900 $10,470 $54,430
2015 $4,736 $64,900 $10,470 $54,430
2014 $4,735 $64,900 $10,470 $54,430
2013 $2,358 $64,890 $10,465 $54,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218044963

Columbus and Central Ohio Regional MLS

APN: 610-179301