Katrina Judd
Howard Hanna Real Estate Svcs
(380) 888-2543
335 Total Sales
1 in South Linden
$185,000 Price
1312-1314 E 17th Ave Columbus, OH 43211
South Linden NeighborhoodEstimated Value: $170,000 - $217,000
6
Beds
2
Baths
2,240
Sq Ft
$87/Sq Ft
Est. Value
About This Home
As of December 2022Portfolio for sale, all units received a full cosmetic and mechanical upgrade in 2021. Consisting of 4 properties with a total of 6 units, with 5/6 units leased. The cap rate and cashflow assumptions are assuming the vacant unit being leased at market rates of $1200/mo. 1312-1314 E 17th Ave has a 15yr 100% tax abatement in place with a basis value of $42,500 until 2036. See documents for a full list of improvements.
In place rents (assuming 100% occupancy): $7,442 | In place Cap Rate: 8.5% | Stabilized Cap Rate: 8.9% | In place NOI $63,514 | Stabilized NOI: $66,610 | In place cash on cash return: 10.69% | Parcels Included: 1312-1314 E 17th Avenue Columbus OH 43211 | 1038 E 14th Avenue Columbus OH 43211 | 1042 E 14th Avenue Columbus OH 43211 | 546-548 S Wayne Avenue Columbus OH 43204
Last Agent to Sell the Property
Vince Iacobelli
Red 1 Realty Listed on: 10/25/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $792
Year Built
- Built in 1928
Lot Details
- 5,227 Sq Ft Lot
Parking
- Off-Street Parking: 1
Home Design
- 2,240 Sq Ft Home
- Mixed Use
- Frame Construction
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 010-033740
Community Details
Overview
- 6 Units
Building Details
- Insurance Expense $4,058
- Maintenance Expense $3,000
- Water Sewer Expense $4,080
- Operating Expense $25,790
- Gross Income $89,304
- Net Operating Income $66,610
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2022
Closed on
Dec 20, 2022
Sold by
Ascent Real Estate Group Llc
Bought by
Seller's Agent
Vince Iacobelli
Red 1 Realty
Buyer's Agent
Drey Thompson
ERA Real Solutions Realty
List Price
$750,000
Sold Price
$750,000
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$557,333
Avg. Annual Appreciation
-30.72%
Original Mortgage
$562,500
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 11, 2021
Sold by
Pinnacle Properties Llc
Bought by
Ascent Real Estate Group Llc
Purchase Details
Closed on
Jan 8, 2021
Sold by
Affordable Home Properties Llc
Bought by
Df Pinnacle Properties Llc
Purchase Details
Closed on
Mar 17, 2016
Sold by
Barrowman Eric and Barrowman Renea N
Bought by
Affordable Home Properties Llc
Purchase Details
Closed on
Nov 1, 2012
Sold by
City Of Columbus
Bought by
Barrowman Eric
Purchase Details
Closed on
Feb 24, 2009
Sold by
Newland Richard A and Franklin County Treasurer
Bought by
City Of Columbus
Purchase Details
Closed on
Jul 8, 2004
Sold by
Newland Larry J
Bought by
Newland Richard A
Purchase Details
Closed on
May 19, 1999
Sold by
Webber William L and Webber Alison J
Bought by
Newland Larry J
Purchase Details
Closed on
Jun 23, 1972
Bought by
Webber William L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Linden, OH
-
Katrina Judd
-
Lance Gordon
Lance Gordon
Plum Tree Realty
(380) 800-5760
41 Total Sales
1 in South Linden
$175,000 Price
-
Corey LaVeris
Corey LaVeris
RE/MAX Affiliates, Inc.
(855) 709-6347
44 Total Sales
1 in South Linden
$95,000 Price
-
Lynn Cook
Lynn Cook
NextHome Experience
(380) 800-5567
57 Total Sales
2 in South Linden
$69K - $80K Price Range
-
Theresa Barron
Theresa Barron
Take A Look Real Estate Broker
(380) 888-2291
81 Total Sales
1 in South Linden
$171,200 Price
-
Janae Lincifort
Janae Lincifort
Red 1 Realty
(380) 207-0835
70 Total Sales
2 in South Linden
$92K - $118K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $750,000 | Pm Title | ||
| Ascent Real Estate Group Llc | $42,500 | Axxis Title Agency Ltd | |
| Df Pinnacle Properties Llc | $25,000 | Axxis Title Agency Ltd | |
| Affordable Home Properties Llc | -- | Sas Title Agency | |
| Barrowman Eric | -- | None Available | |
| City Of Columbus | $10,364 | None Available | |
| Newland Richard A | -- | -- | |
| Newland Larry J | $32,500 | Liberty Title & Escrow Inc | |
| Webber William L | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $994,500 | ||
| Closed | Radix Lecti Llc | $562,500 | |
| Previous Owner | Ascent Real Estate Investment | $540,000 | |
| Previous Owner | Ateent Real Estate Investment Group Llc | $124,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2022 12/27/22 | Sold | $750,000 | 0.0% | $335 / Sq Ft |
| 10/29/2022 10/29/22 | Pending | -- | -- | -- |
| 10/25/2022 10/25/22 | For Sale | $750,000 | -- | $335 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $841 | $64,060 | $5,920 | $58,140 |
| 2024 | $841 | $64,060 | $5,920 | $58,140 |
| 2023 | $830 | $50,690 | $5,920 | $44,770 |
| 2022 | $2,182 | $32,130 | $2,450 | $29,680 |
| 2021 | $792 | $14,880 | $2,450 | $12,430 |
| 2020 | $1,353 | $21,420 | $2,450 | $18,970 |
| 2019 | $1,380 | $17,850 | $2,030 | $15,820 |
| 2018 | $1,212 | $17,850 | $2,030 | $15,820 |
| 2017 | $1,277 | $17,850 | $2,030 | $15,820 |
| 2016 | $1,037 | $12,990 | $2,350 | $10,640 |
| 2015 | $1,005 | $12,990 | $2,350 | $10,640 |
| 2014 | $805 | $12,990 | $2,350 | $10,640 |
| 2013 | $441 | $14,420 | $2,590 | $11,830 |
Source: Public Records
Agents Affiliated with this Home
-
VI
Seller's Agent in 2022
Vince Iacobelli
Red 1 Realty
-
Drey Thompson
DT
Buyer's Agent in 2022
Drey Thompson
ERA Real Solutions Realty
(614) 778-6468
5 in this area
65 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 222039812
APN: 010-033740
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.
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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