$28,000
SOLD DEC 22, 2017

129 Lechner Ave Unit 131 Columbus, OH 43223

Central Hilltop Neighborhood
-- Bed
-- Bath
2,352 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

28% Below List Price

281 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 2-minute walk to Wrexham Park

About This Home

As of November 2019

Fully leased. Each unit rented at $595/month. Two 3 bedroom townhouse units. Block 2-car garage. Great return on investment!

Can be packaged with 615 S Oakley Ave - single family leased for $695/month. MLS# 217006622 $45,000 and 2710 Palmetto Street - single family leased at $695/month MLS 217036672 $45,000.

Curb offers only. Do Not Disturb Tenants.

Last Agent to Sell the Property

F. William Benninghofen

Cutler Real Estate Listed on: 09/22/2017

Last Buyer's Agent

Janene Parham

Keller Williams Greater Cols

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,352 Sq Ft Home
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-047131

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $14,280
  • Net Operating Income $14,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2016
  • Lot Size Acres: 0.12
  • Total Gross Income: 14280.0
  • Co List Office Phone: 614-339-4664
  • MLS Status: Closed
  • Subdivision Name: Glenwood Heights
  • Income Expenses Gross Income: 14280.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2352.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047131
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14280.0

Tax Info

  • Tax Annual Amount: 946.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Will Legacy Llc
Bought by
Rd & Sons Llc
Total Days on Market
281
Current Estimated Value
$164,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 6, 2019
Sold by
The Overmier Group Llc
Bought by
Will Legacy Llc
Seller's Agent
Minnie Smalls-Green
Keller Williams Greater Cols
Buyer's Agent
Minnie Smalls-Green
Keller Williams Greater Cols
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$90,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 22, 2017
Closed on
Jan 30, 2018
Sold by
Group Llc
Bought by
The Overmier Group Llc
Seller's Agent
F. William Benninghofen
Cutler Real Estate
Buyer's Agent
Janene Parham
Keller Williams Greater Cols
List Price
$39,000
Sold Price
$28,000
Premium/Discount to List
-$11,000
-28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.23%

Purchase Details

Listed on
Sep 22, 2017
Closed on
Dec 22, 2017
Sold by
Meadowlark Investment5s Ltd
Bought by
Genesis Management Group Llc
Seller's Agent
F. William Benninghofen
Cutler Real Estate
Buyer's Agent
Janene Parham
Keller Williams Greater Cols
List Price
$39,000
Sold Price
$28,000
Premium/Discount to List
-$11,000
-28.21%

Purchase Details

Closed on
Feb 24, 2005
Sold by
Mackey Scott T and Smith Dwayne E
Bought by
Meadowlark Investments Ltd

Purchase Details

Closed on
Nov 24, 2004
Sold by
Meadowlark Investments Ltd
Bought by
Mackey Scott T and Smith Dwayne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 4, 2004
Sold by
Rowles Patricia A
Bought by
Meadowlark Investments Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 1971
Bought by
Hanby George W
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 Type Sale Price Title Company
Warranty Deed $113,800 Axxis Title Agency
Warranty Deed $70,000 Access Title Agency
Deed $30,000 None Available
Warranty Deed $28,000 Northwest Title Box
Limited Warranty Deed -- Valley Titl
Limited Warranty Deed -- Valley Titl
Executors Deed $30,000 Title First
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $173,500 Credit Line Revolving
Previous Owner $112,000 Future Advance Clause Open End Mortgage
Previous Owner $90,000 Commercial
Previous Owner $73,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $70,000 0.0% $30 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $70,000 +150.0% $30 / Sq Ft
12/22/2017 12/22/17 Sold $28,000 -28.2% $12 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $39,000 -- $17 / 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 $3,209 $44,880 $5,010 $39,870
2023 $2,031 $44,870 $5,005 $39,865
2022 $765 $14,390 $2,980 $11,410
2021 $766 $14,390 $2,980 $11,410
2020 $767 $14,390 $2,980 $11,410
2019 $1,116 $12,010 $2,490 $9,520
2018 $1,443 $21,150 $2,490 $18,660
2017 $1,131 $21,150 $2,490 $18,660
2016 $946 $13,930 $4,060 $9,870
2015 $862 $13,930 $4,060 $9,870
2014 $864 $13,930 $4,060 $9,870
2013 $501 $16,380 $4,760 $11,620
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Minnie Smalls-Green

    Keller Williams Greater Cols

  • F

    Seller's Agent in 2017

    F. William Benninghofen

    Cutler Real Estate

  • J

    Buyer's Agent in 2017

    Janene Parham

    Keller Williams Greater Cols

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217006625

Columbus and Central Ohio Regional MLS

APN: 010-047131

Ohio Franklin County Columbus 43223 Central Hilltop

129 Lechner Ave Unit 131, Columbus, OH

This home is located at 129 Lechner Ave Unit 131, Columbus, OH 43223 and is currently priced at $28,000, approximately $11 per square foot. This property was built in 1920. 129 Lechner Ave Unit 131 is a home located in Franklin County with nearby schools including Highland Elementary School, Westmoor Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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