NOT LISTED FOR SALE

1277 Wilson Ave Unit 279 Columbus, OH 43206

Karns Park Neighborhood

Estimated Value: $298,863 - $405,000

6 Beds
2 Baths
2,184 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $67,000 $31 Per Sq Ft

Est. 422% increase in value since last sale

Current estimated payment $2,271/month

4 Days on Market

About This Home

As of July 2016

This large 3 bedroom duplex is in excellent condition. Tenants on both sides with 8 and 9 months still left on the leases. All mechanical's and roof 8 years old or newer. Both units also have central air. There is on street parking and parking in the rear of the duplex. Both units equipped with stove, refrigerator, washer and dryer. Great investment property!

Last Agent to Sell the Property

Leslie Wells

Exit Trinity Realty Listed on: 05/04/2016

Last Buyer's Agent

Leslie Wells

Exit Trinity Realty Listed on: 05/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,393

Year Built

  • Built in 1927

Lot Details

  • 4,792

Home Design

  • 2,184 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-017348

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,320
  • Gross Income $14,400
  • Net Operating Income $10,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,393

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1927
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 14400.0
  • Co List Office Phone: 614-269-4663
  • MLS Status: Closed
  • Income Expenses Gross Income: 14400.0
  • Annual Expenses: 4320.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2184.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-017348
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10080.0
  • Annual Operating Expense: 4320.0

Tax Info

  • Tax Annual Amount: 1393.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2017
Sold by
Covault Jeffrey C and Covault Katherine M
Bought by
Keff Holdings Llc
Total Days on Market
4
Current Estimated Value
$349,466

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 29, 2016
Sold by
R & E Properties Group Llc
Bought by
Covault Jeffrey C and Covault Katherine M
Seller's Agent
Leslie Wells
Exit Trinity Realty
Buyer's Agent
Leslie Wells
Exit Trinity Realty
List Price
$72,000
Sold Price
$67,000
Premium/Discount to List
-$5,000
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.67%

Purchase Details

Closed on
Jun 23, 2010
Sold by
Evans Ryan
Bought by
R & E Property Group Llc

Purchase Details

Closed on
May 16, 2002
Sold by
Munce David and Munce Pamela K
Bought by
Lauber Mark R and Lauber Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1999
Sold by
Bank Of America Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 2, 1999
Sold by
Posey Bruce C and Case #98Cve10-7683
Bought by
Bank Of America Fsb

Purchase Details

Closed on
Mar 12, 1990
Bought by
Posey Bruce C and Posey Marilyn S

Purchase Details

Closed on
Jan 17, 1989
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
Keff Holdings Llc -- None Available
Covault Jeffrey C $67,000 Lansel Title Agency Inc
R & E Property Group Llc -- Attorney
Lauber Mark R $57,000 Amerititle Mill Run
Federal National Mortgage Association -- --
Bank Of America Fsb $38,600 --
Posey Bruce C $49,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keff Holdings Llc $1,035,040
Previous Owner Evans Ryan $59,900
Previous Owner Evans Ryan $15,000
Previous Owner Lauber Mark R $54,695
Previous Owner Lauber Mark R $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2016 07/05/16 Sold $67,000 -6.9% $31 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $72,000 -- $33 / 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 $3,808 $83,100 $21,530 $61,570
2023 $3,911 $83,090 $21,525 $61,565
2022 $1,822 $31,470 $5,180 $26,290
2021 $1,825 $31,470 $5,180 $26,290
2020 $1,828 $31,470 $5,180 $26,290
2019 $1,656 $24,220 $3,990 $20,230
2018 $1,523 $24,220 $3,990 $20,230
2017 $1,506 $24,220 $3,990 $20,230
2016 $1,475 $21,710 $3,540 $18,170
2015 $1,393 $21,710 $3,540 $18,170
2014 $1,346 $21,710 $3,540 $18,170
2013 $698 $22,820 $3,710 $19,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216014921

Columbus and Central Ohio Regional MLS

APN: 010-017348