NOT LISTED FOR SALE

Estimated Value: $326,000 - $450,000

4 Beds
2 Baths
2,184 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $130,000 $60 Per Sq Ft

Est. 201% increase in value since last sale

Current estimated payment $2,597/month

51 Days on Market

About This Home

As of November 2013

Great 2-family - same owner since 1963. Many updates including 3-year-old main roof, all updated insulated windows, newer carpet, all white walls, large fenced yard, loads of room for garage. Tenant side - 1315 S 4th St on a long-term. month to month lease, $600/mo currently. All kitchen appliances and 1311 washer/dryer can convey.

Last Listed By

Jeff Ruff

Cutler Real Estate License #367716 Listed on: 09/04/2013

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1920

Lot Details

  • 3,920

Parking

  • On-Street Parking

Home Design

  • 2,184 Sq Ft Home

Additional Features

  • 3,920 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for water
  • Assessor Parcel Number 010-015776

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $879
  • Water Sewer Expense $983
  • Operating Expense $3,420
  • Gross Income $7,200
  • Net Operating Income $3,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,591

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2012
  • Lot Size Acres: 0.09
  • Total Gross Income: 7200.0
  • Co List Office Phone: 614-255-0600
  • MLS Status: Closed
  • Subdivision Name: Merion Village
  • Income Expenses Gross Income: 7200.0
  • Annual Expenses: 3420.0
  • General Property Info Building Sq Ft: 2184.0
  • Owner Pays Water4: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 982.54

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-015776
  • Lot Size Sq Ft: 3920.4

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 879.0
  • Net Operating Income: 3780.0
  • Annual Operating Expense: 3420.0

Tax Info

  • Tax Annual Amount: 1590.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Nov 25, 2013
Sold by
French Karen S
Bought by
Marshall James Timothy and Marshall Kelly Tacy
Seller's Agent
Jeff Ruff
Cutler Real Estate
Buyer's Agent
Robb Harpster
Howard Hanna RealCom Realty
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%
Total Days on Market
51
Current Estimated Value
$391,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,176
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Jul 3, 1979
Bought by
French Dorothy F

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
Marshall James Timothy $130,000 Stewart Title Agency
French Dorothy F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner French Dorothy F $55,861
Previous Owner French Dorothy F $19,000
Previous Owner French Dorothy F $55,000
Previous Owner French Dorothy F $30,000
Previous Owner French Dorothy F $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2013 11/25/13 Sold $130,000 -18.7% $60 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $159,900 -- $73 / 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 $5,141 $112,180 $44,980 $67,200
2023 $5,077 $112,175 $44,975 $67,200
2022 $4,238 $79,740 $13,620 $66,120
2021 $4,245 $79,740 $13,620 $66,120
2020 $4,252 $79,740 $13,620 $66,120
2019 $3,672 $59,050 $10,080 $48,970
2018 $3,132 $59,050 $10,080 $48,970
2017 $3,671 $59,050 $10,080 $48,970
2016 $2,854 $42,010 $13,760 $28,250
2015 $2,598 $42,010 $13,760 $28,250
2014 $2,171 $35,010 $13,760 $21,250
2013 $796 $35,000 $13,755 $21,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 213032401

Columbus and Central Ohio Regional MLS

APN: 010-015776