NOT LISTED FOR SALE

1273 E 18th Ave Unit 275 Columbus, OH 43211

South Linden Neighborhood

Estimated Value: $162,761 - $205,000

6 Beds
2 Baths
2,408 Sq Ft
$77/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $68,000 $28 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,217/month

39 Days on Market

About This Home

As of July 2018

Huge Returns on this cash cow income property! 1273-75 E. 18th is completely renovated and ready for your tenants. With market rents approaching $750/unit this duplex is a steal at the list price. Linden is the last affordable spot in Columbus to get returns like this. Lots of recent upgrades to plumbing and electric. Property will be ''rent ready''

Last Listed By

Brandon Sturgill

Buckeye Capital Realty Listed on: 06/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

  • 2,408 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-060217

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,500
  • Gross Income $18,000
  • Net Operating Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,163

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1926
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 18000.0
  • Co List Office Phone: 614-323-3000
  • MLS Status: Closed
  • Income Expenses Gross Income: 18000.0
  • Annual Expenses: 4500.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2408.0
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

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: 010-060217
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13500.0
  • Annual Operating Expense: 4500.0

Tax Info

  • Tax Annual Amount: 1163.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jul 26, 2018
Sold by
Rek Holdings Llc and Lopez Jessie Leilani
Bought by
Investore 001 Llc
Seller's Agent
Brandon Sturgill
Buckeye Capital Realty
Buyer's Agent
Rebecca Ridley
Signature Real Estate
List Price
$72,500
Sold Price
$68,000
Premium/Discount to List
-$4,500
-6.21%
Total Days on Market
39
Current Estimated Value
$186,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,190
Avg. Annual Appreciation
15.03%

Purchase Details

Closed on
Nov 27, 2017
Sold by
Fidens Management Llc
Bought by
Rek Holdings Llc and Lopez Jessie Leilani

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jan 31, 2014
Sold by
Wtb Real Estate Llc
Bought by
Fidens Management Llc
Seller's Agent
Donato D'Alberto
Exit Trinity Realty
Buyer's Agent
Aunda Klopfer
Howard Hanna Real Estate Svcs
List Price
$34,500
Sold Price
$31,000
Premium/Discount to List
-$3,500
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%
Original Mortgage
$24,000
Interest Rate
4.55%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2010
Sold by
Kemba Financial Credit Union
Bought by
Wtb Real Estate Llc

Purchase Details

Closed on
Mar 11, 2010
Sold by
Lewis Nicole D and Lewis Jamaul
Bought by
Kemba Financial Cedit Union

Purchase Details

Closed on
Sep 4, 2003
Sold by
Kimmel Brook Properties Llc
Bought by
Lewis Nicole D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Pledged Property Ii Llc
Bought by
Kimmel Brook Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Powell Joseph M
Bought by
Pledged Property Ii Llc

Purchase Details

Closed on
Jun 6, 2000
Sold by
Malone Waymon and Malone Kimberlee A
Bought by
Powell Joseph M and Powell Alice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
11.85%

Purchase Details

Closed on
Dec 12, 1988
Bought by
Malone Waymon

Purchase Details

Closed on
Mar 1, 1985

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
Investore 001 Llc $68,000 Great American Title
Rek Holdings Llc $39,900 Landsel Title Agency Inc
Fidens Management Llc $31,000 None Available
Wtb Real Estate Llc $11,000 Williamson
Kemba Financial Cedit Union $24,000 None Available
Lewis Nicole D $64,000 --
Kimmel Brook Properties $35,000 Magee Title Agency
Pledged Property Ii Llc $45,000 --
Powell Joseph M $105,000 Horizon Title
Malone Waymon $35,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fidens Management Llc $24,000
Previous Owner Lewis Nicole D $74,800
Previous Owner Lewis Nicole D $64,000
Previous Owner Powell Joseph M $84,000
Closed Powell Joseph M $10,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $68,000 -6.2% $28 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $72,500 +133.9% $30 / Sq Ft
01/31/2014 01/31/14 Sold $31,000 -10.1% $13 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $34,500 -- $14 / 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 $2,217 $48,380 $5,990 $42,390
2023 $2,189 $48,370 $5,985 $42,385
2022 $1,193 $22,440 $2,490 $19,950
2021 $1,320 $22,440 $2,490 $19,950
2020 $1,196 $22,440 $2,490 $19,950
2019 $1,387 $18,700 $2,070 $16,630
2018 $1,132 $18,700 $2,070 $16,630
2017 $1,163 $18,700 $2,070 $16,630
2016 $1,211 $17,820 $2,560 $15,260
2015 $1,102 $17,820 $2,560 $15,260
2014 $1,105 $17,820 $2,560 $15,260
2013 $605 $19,775 $2,835 $16,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218015823

Columbus and Central Ohio Regional MLS

APN: 010-060217