$210,000
SOLD NOV 1, 2019
-- Bed
-- Bath
2,130 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

11% Below List Price

66 Days on Market

About This Home

As of May 2021

Price Reduced, unit available to show, and ideal for owner occupancy. Well maintained duplex for sale just south of downtown Columbus with a rare three car garage. Ideal investment property with the option to owner occupy. Units are each Two bedrooms with one pass thru room and individually fenced backyard. Unit on left is newly occupied with 1 year lease. Continual updates as a rental, flooring, kitchens, sump pump, Appliances, and Roof. Units have window A/C with Cages. Full Basement with Laundry.

Just east of Parsons Ave near a growing commercial district lining with new businesses. Gas heating. City utilities. Great commute for downtown Columbus. Upside potential in the rents.

Last Agent to Sell the Property

Patrick Larrimer

NAI Ohio Equities, Realtors Listed on: 05/21/2019

Co-Listed By

John Mally

NAI Ohio Equities, Realtors License #2013004679

NAI Ohio Equities, Realtors

Last Buyer's Agent

John Mally

NAI Ohio Equities, Realtors License #2013004679

NAI Ohio Equities, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,130 Sq Ft Home
  • Duplex

Additional Features

  • Basement

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 010-047394-00

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,655
  • Gross Income $18,720
  • Net Operating Income $17,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,508

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1905
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 18720.0
  • Co List Office Mls Id: 08610
  • Co List Office Phone: 614-224-2400
  • Co List Office Phone: 614-224-2400
  • MLS Status: Closed
  • Subdivision Name: South of Children's Hospital off of Parsons Ave and just east of Merion Village. Karns Park.
  • Income Expenses Gross Income: 18720.0
  • Annual Expenses: 1655.0
  • General Property Info Building Sq Ft: 2130.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Addl Acceptance Cond Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features Detached Garage2: Yes
  • Parking Features 3 Car Garage2: Yes

Utilities

  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047394-00
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 17065.0
  • Annual Operating Expense: 1655.0

Tax Info

  • Tax Annual Amount: 1508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 3, 2021
Sold by
Thompson John V
Bought by
Choudhury Deedat
Seller's Agent
Candace DeFrancisco
Coldwell Banker Realty
Buyer's Agent
Michael Casey
RE/MAX Connection
List Price
$279,500
Sold Price
$311,000
Premium/Discount to List
$31,500
11.27%
Current Estimated Value
$353,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,086
Avg. Annual Appreciation
3.79%
Original Mortgage
$305,367
Outstanding Balance
$279,661
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$83,763

Purchase Details

Listed on
May 21, 2019
Closed on
Oct 30, 2019
Sold by
Lewis Gregg R
Bought by
Thompson John V
Seller's Agent
Patrick Larrimer
NAI Ohio Equities, Realtors
Buyer's Agent
John Mally
NAI Ohio Equities, Realtors
List Price
$235,000
Sold Price
$210,000
Premium/Discount to List
-$25,000
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.48%
Original Mortgage
$199,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2018
Sold by
Mcgee William D
Bought by
Sokol Sherry R

Purchase Details

Closed on
Apr 18, 2013
Sold by
Sokol Sherry R
Bought by
Sokol Sherry R and Mcgee William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
3.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2002
Sold by
Krauss Linda A and Krauss Michael J
Bought by
Krauss Michael J and Krauss Linda A

Purchase Details

Closed on
Nov 30, 2000
Sold by
Tate Donald P and Tate Thelma L
Bought by
Brodrick Linda A and Krauss Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $311,000 First American Title Ins Co
Executors Deed $210,000 Stewart Ttl Agcy Of Cols Ltd
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Landsel Title
Interfamily Deed Transfer -- Valley Title And Escrow Agen
Survivorship Deed $60,100 Title First Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,367 FHA
Previous Owner $199,500 New Conventional
Previous Owner $64,400 Unknown
Previous Owner $64,400 Purchase Money Mortgage
Previous Owner $70,000 Unknown
Previous Owner $61,200 Purchase Money Mortgage
Previous Owner $54,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $311,000 +11.3% $146 / Sq Ft
04/06/2021 04/06/21 For Sale $279,500 +33.1% $131 / Sq Ft
11/01/2019 11/01/19 Sold $210,000 -4.5% $99 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $220,000 -6.4% $103 / Sq Ft
05/21/2019 05/21/19 For Sale $235,000 -- $110 / 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 $3,996 $88,100 $20,860 $67,240
2023 $4,095 $88,095 $20,860 $67,235
2022 $2,658 $47,430 $4,660 $42,770
2021 $1,530 $29,090 $4,660 $24,430
2020 $1,682 $29,090 $4,660 $24,430
2019 $1,509 $24,260 $3,890 $20,370
2018 $1,419 $24,260 $3,890 $20,370
2017 $1,508 $24,260 $3,890 $20,370
2016 $1,463 $21,530 $3,430 $18,100
2015 $1,332 $21,530 $3,430 $18,100
2014 $1,335 $21,530 $3,430 $18,100
2013 $693 $22,645 $3,605 $19,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219017393

Columbus and Central Ohio Regional MLS

APN: 010-047394