NOT LISTED FOR SALE

Estimated Value: $531,000 - $914,399

7 Beds
5 Baths
3,172 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $725,000 $229 Per Sq Ft

Current estimated payment $4,909/month

34 Days on Market

About This Home

As of May 2021

Incredible opportunity in Victorian Village!! A rare 4 unit with an incredible Owner's Unit - perfect for an Owner Occupant who wants to pay the mortgage with cash flow from the rental units. The Owner's Unit is a nicely renovated 2 Bedroom, 2 Bath, on the 2nd and 3rd floors, with natural wood flooring, exposed brick, 3rd Flr skylights, and an upper outdoor Porch / Balcony. Two other units in the main building (one 2-Bedrm, one 1-Bedrm), and there is a separate 2 Bdrm Cottage. Currently operated as a very profitable Airbnb. Financial data available upon request. Option to keep the same short term rental property management if desired. All showings must be approved by listing agent

Last Listed By

Rhiannon Ferrari

KW Classic Properties Realty Listed on: 03/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,665

Year Built

  • Built in 1892

Lot Details

  • 5,663

Home Design

  • 3,172 Sq Ft Home
  • Frame Construction

Parking

  • 2 Parking Spaces
  • Shared Driveway
  • On-Street Parking

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-002475

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Operating Expense $43,216
  • Gross Income $97,460
  • Net Operating Income $54,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,665

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1892
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 97460.0
  • Co List Office Phone: 614-451-8500
  • MLS Status: Closed
  • Subdivision Name: Victorian Village
  • Income Expenses Gross Income: 97460.0
  • Annual Expenses: 43216.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3172.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-002475
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 54244.0
  • Annual Operating Expense: 43216.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 14, 2021
Sold by
Sky High Reality Llc
Bought by
Singh Jagjit and Kaur Damanpreet
Seller's Agent
Rhiannon Ferrari
KW Classic Properties Realty
Buyer's Agent
Amy Nitzschke
CRT, Realtors
List Price
$775,000
Sold Price
$725,000
Premium/Discount to List
-$50,000
-6.45%
Total Days on Market
34
Current Estimated Value
$721,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,400
Avg. Annual Appreciation
-0.12%
Original Mortgage
$708,485
Outstanding Balance
$647,006
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$74,594

Purchase Details

Closed on
Dec 21, 2018
Sold by
Myers Josiah
Bought by
Sky High Realty Llc

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jul 27, 2018
Sold by
Conley Shelley and Conley James
Bought by
Myers Josiah
Seller's Agent
Ken Wightman
BHHS American Realty Center
Buyer's Agent
Michael Casey
RE/MAX Connection
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$395,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2005
Sold by
Conley Shelley L and Conley James
Bought by
Conley James and Conley Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,983
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 1, 1996
Sold by
Pumphrey Ruthm
Bought by
Shelley L Seitz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,775
Interest Rate
8.23%
Mortgage Type
FHA

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
Singh Jagjit $725,000 Elite Land Title Agency
Sky High Realty Llc -- None Available
Myers Josiah $565,000 Amerititle Box
Conley James -- Trident Tit
Shelley L Seitz $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Jagjit $76,217
Open Singh Jagjit $708,485
Previous Owner Myers Josiah $395,500
Previous Owner Conley Shelley $215,500
Previous Owner Conley James T $219,411
Previous Owner Conley James $220,983
Previous Owner Conley James T $25,000
Previous Owner Conley James T $205,000
Previous Owner Shelley L Seitz $89,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $725,000 -6.5% $229 / Sq Ft
02/25/2021 02/25/21 For Sale $775,000 +37.2% $244 / Sq Ft
08/02/2018 08/02/18 Sold $565,000 -1.7% $178 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $575,000 -- $181 / 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 $10,665 $232,720 $77,000 $155,720
2023 $10,682 $232,715 $77,000 $155,715
2022 $10,422 $196,110 $40,810 $155,300
2021 $11,693 $196,110 $40,810 $155,300
2020 $11,038 $196,110 $40,810 $155,300
2019 $9,975 $160,410 $34,020 $126,390
2018 $8,548 $160,410 $34,020 $126,390
2017 $8,906 $160,410 $34,020 $126,390
2016 $7,840 $115,400 $29,960 $85,440
2015 $7,138 $115,400 $29,960 $85,440
2014 $7,155 $115,400 $29,960 $85,440
2013 $3,208 $104,895 $27,230 $77,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221005254

Columbus and Central Ohio Regional MLS

APN: 010-002475