NOT LISTED FOR SALE

1257 S Ohio Ave Unit 259 Columbus, OH 43206

Karns Park Neighborhood

Estimated Value: $319,000 - $341,000

6 Beds
2 Baths
2,184 Sq Ft
$152/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $70,000 $32 Per Sq Ft

Est. 375% increase in value since last sale

Current estimated payment $2,125/month

106 Days on Market

About This Home

As of December 2017

Fully occupied 3 bedroom duplex. Sellers are motivated. Please do not disturb the tenants.

Last Agent to Sell the Property

Justin Davis

Century 21 HomeStar License #2012001275 Listed on: 08/10/2017

Century 21 HomeStar

Last Buyer's Agent

Leon Mohler

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,168

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,184 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 010-061558

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $500
  • Operating Expense $9,776
  • Gross Income $15,600
  • Net Operating Income $5,824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,168

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 15600.0
  • Co List Office Phone: 440-449-9100
  • MLS Status: Closed
  • Income Expenses Gross Income: 15600.0
  • Annual Expenses: 9776.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2184.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-061558
  • Lot Size Sq Ft: 4791.6
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Maintenance Expense: 500.0
  • Net Operating Income: 5824.0
  • Annual Operating Expense: 9776.0

Tax Info

  • Tax Annual Amount: 1168.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
Red Cliffs Llc
Bought by
1257 1259 S Ohio Avenue Llc
Current Estimated Value
$332,234

Purchase Details

Closed on
Mar 14, 2019
Sold by
Shum Justin
Bought by
Red Cliffs Llc

Purchase Details

Closed on
Dec 19, 2018
Sold by
Red Cliffs Llc
Bought by
Shum Justin

Purchase Details

Listed on
Aug 10, 2017
Closed on
Nov 13, 2017
Sold by
Hillman Charles D
Bought by
Shum Justin
Seller's Agent
Justin Davis
Century 21 HomeStar
Buyer's Agent
Leon Mohler
Coldwell Banker Realty
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.26%
Original Mortgage
$52,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2016
Sold by
Hillman Charles D
Bought by
Hillman Charles D and Neal Ronald G O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,565
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Citifinancial Mortgage Co Inc
Bought by
Hillman Charles D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,155
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 18, 2005
Sold by
Randall Ingrid A
Bought by
Citifinancial Mortgage Co Inc and Associates Home Equity Services Inc

Purchase Details

Closed on
Jul 17, 1998
Sold by
Gall Ethel J Tr
Bought by
Randall Ingrid A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,715
Interest Rate
7.15%
Mortgage Type
Assumption

Purchase Details

Closed on
Jun 1, 1986
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
1257 1259 S Ohio Avenue Llc -- None Available
Red Cliffs Llc -- Talon Title Agency Llc
Shum Justin -- Talon Title Agency
Shum Justin $70,000 Total Title Services Llc
Hillman Charles D $24,600 Transcounty Title
Hillman Charles D $54,900 Accutitle Agency Inc
Citifinancial Mortgage Co Inc $50,000 Accutitle Agency Inc
Randall Ingrid A $67,900 Amerititle Agency Inc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1257 1259 S Ohio Avenue Llc $80,000
Previous Owner Shum Justin $52,500
Previous Owner Hillman Charles D $44,565
Previous Owner Hillman Charles D $52,155
Previous Owner Randall Ingrid A $14,748
Previous Owner Randall Ingrid A $9,413
Previous Owner Randall Ingrid A $5,636
Previous Owner Randall Ingrid A $57,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $70,000 -12.5% $32 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $80,000 -- $37 / 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 $3,782 $82,530 $22,120 $60,410
2023 $3,735 $82,530 $22,120 $60,410
2022 $1,562 $29,400 $5,320 $24,080
2021 $1,565 $29,400 $5,320 $24,080
2020 $1,568 $29,400 $5,320 $24,080
2019 $1,447 $22,620 $4,100 $18,520
2018 $1,377 $22,620 $4,100 $18,520
2017 $1,439 $22,620 $4,100 $18,520
2016 $1,168 $17,190 $3,360 $13,830
2015 $1,113 $17,190 $3,360 $13,830
2014 $1,066 $17,190 $3,360 $13,830
2013 $604 $18,095 $3,535 $14,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217016483

Columbus and Central Ohio Regional MLS

APN: 010-061558