$565,000
SOLD AUG 2, 2018
-- Bed
-- Bath
3,172 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

2% Below List Price

42 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 3-minute walk to Thompson Park

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. Rental units are in various conditions of updating. But all in all - great bones and great curb appeal in an easy to rent area! New paint, gutters, new wood Kradko windows. Rents currently at $795, $925, $1395, and $1025. Potential for much higher rental amounts. Must have 24 hour notice to show btwn 11-7

Last Agent to Sell the Property

Ken Wightman

BHHS American Realty Center License #334501 Listed on: 06/05/2018

BHHS American Realty Center

Last Buyer's Agent

Michael Casey

RE/MAX Connection License #410002

RE/MAX Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,972

Year Built

  • Built in 1892

Home Design

  • 3,172 Sq Ft Home
  • Frame Construction

Parking

  • 2 Parking Spaces
  • Off-Street Parking: 1

Utilities

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

Additional Features

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-002475

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $4,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,972

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1892
  • Tax Year: 2017
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 4140.0
  • Co List Office Phone: 614-548-0500
  • MLS Status: Closed
  • Subdivision Name: Victorian Village / Short North
  • Income Expenses Gross Income: 4140.0
  • 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
  • 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
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity 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
  • Additional Parcels: No

Rental Info

  • Owner Pays: Water

Multi Family

  • Monthly Rent (Other): 1025.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 9972.0

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%
Current Estimated Value
$772,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,040
Avg. Annual Appreciation
1.53%
Original Mortgage
$708,485
Outstanding Balance
$645,621
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$126,419

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
4.60%
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
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 Type Sale Price Title Company
Warranty Deed $725,000 Elite Land Title Agency
Warranty Deed -- None Available
Warranty Deed $565,000 Amerititle Box
Interfamily Deed Transfer -- Trident Tit
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,217 New Conventional
Open $708,485 FHA
Previous Owner $395,500 Adjustable Rate Mortgage/ARM
Previous Owner $215,500 New Conventional
Previous Owner $219,411 Unknown
Previous Owner $220,983 Fannie Mae Freddie Mac
Previous Owner $25,000 Credit Line Revolving
Previous Owner $205,000 Unknown
Previous Owner $89,775 FHA
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: 218019769

Columbus and Central Ohio Regional MLS

APN: 010-002475