NOT LISTED FOR SALE

Estimated Value: $444,000 - $631,000

6 Beds
2 Baths
2,460 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $554,000 $225 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,550/month

124 Days on Market

About This Home

As of June 2022

Completely renovated in 2017 with a very good cash flow investment property right at the heart of Columbus. Its a 2 bed 1.5 bath per side with a scope to finish if needed. Fenced backyard foer privacy. Has 4 offstreet parkings. Leases are in place and the monthly rent is $4600. Curb side offers only.

Last Listed By

Radhika Mukka

Red 1 Realty License #2018006127 Listed on: 04/07/2022

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,170

Year Built

  • Built in 1919

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 2,460 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 010-055916

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Operating Expense $9,000
  • Gross Income $55,000
  • Net Operating Income $46,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,170

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1919
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 55000.0
  • Co List Office Mls Id: 10910
  • Co List Office Phone: 614-585-9020
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Income Expenses Gross Income: 55000.0
  • Annual Expenses: 9000.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2460.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: 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, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-055916
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Net Operating Income: 46000.0
  • Annual Operating Expense: 9000.0

Tax Info

  • Tax Annual Amount: 5170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 7, 2022
Sold by
Vattikuti Murali K
Bought by
Matos Priscilla
Seller's Agent
Radhika Mukka
Red 1 Realty
Buyer's Agent
Radhika Mukka
Red 1 Realty
List Price
$580,000
Sold Price
$554,000
Premium/Discount to List
-$26,000
-4.48%
Total Days on Market
124
Current Estimated Value
$539,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,646
Avg. Annual Appreciation
-0.90%
Original Mortgage
$415,500
Outstanding Balance
$397,583
Interest Rate
5.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$141,771

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 2, 2022
Sold by
Vattikuti Murali K
Bought by
Matos Priscilla
Seller's Agent
Radhika Mukka
Red 1 Realty
Buyer's Agent
Radhika Mukka
Red 1 Realty
List Price
$580,000
Sold Price
$554,000
Premium/Discount to List
-$26,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,500
Outstanding Balance
$397,583
Interest Rate
5.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$141,771

Purchase Details

Listed on
Oct 28, 2020
Closed on
Dec 10, 2020
Sold by
Phillips Andrew and Phillips Sydney
Bought by
Vattikuti Murali K and Kancharlapalli Vijetha
Seller's Agent
Carson Thrush
List
Buyer's Agent
Radhika Mukka
Red 1 Realty
List Price
$439,900
Sold Price
$437,000
Premium/Discount to List
-$2,900
-0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.91%
Original Mortgage
$327,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2017
Sold by
Chathma Prtners Llc
Bought by
Phillips Andrew and Phillips Sydney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,150
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Gibbs Robert
Bought by
Chatham Partners Llc

Purchase Details

Closed on
Jun 23, 2016
Sold by
Gibbs Chad
Bought by
Hibbs Robert

Purchase Details

Closed on
Apr 24, 2016
Sold by
Estate Of Ruth Ann Milhoan
Bought by
Gibbs Chad and Gibbs Lisa

Purchase Details

Closed on
Apr 4, 2016
Sold by
Wright Jerry Will
Bought by
Gibbs Robert

Purchase Details

Closed on
Mar 18, 2016
Sold by
Gibbs Loretta
Bought by
Gibbs Robert

Purchase Details

Closed on
Mar 17, 2016
Sold by
Gibbs Daniel Lee
Bought by
Gibbs Roberts

Purchase Details

Closed on
Mar 16, 2016
Sold by
Wright Brenda
Bought by
Gibbs Robert

Purchase Details

Closed on
Apr 26, 2011
Sold by
Estate Of Mattie L Wright
Bought by
Gibbs Robert and Gibbs Ross Earl

Purchase Details

Closed on
Aug 15, 1986
Bought by
Gibbs Robert and Gibbs Nancy L

Purchase Details

Closed on
Dec 1, 1980

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
Matos Priscilla $554,000 World Class Title
Matos Priscilla $554,000 World Class Title
Vattikuti Murali K $437,000 Pillar Title Agency
Phillips Andrew $277,000 Independent Title Services I
Chatham Partners Llc $65,000 Capcity Title Box
Hibbs Robert $4,300 None Available
Gibbs Robert $4,300 None Available
Gibbs Robert $4,300 None Available
Gibbs Chad -- None Available
Gibbs Robert $13,000 None Available
Gibbs Robert $13,000 None Available
Gibbs Roberts $13,000 None Available
Gibbs Robert $13,000 None Available
Gibbs Robert $13,000 None Available
Gibbs Robert $13,000 None Available
Gibbs Robert $13,000 None Available
Gibbs Robert $13,000 None Available
Gibbs Robert -- None Available
Gibbs Robert -- --
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Priscilla $415,500
Closed Matos Priscilla $415,500
Previous Owner Vattikuti Murali K $327,750
Previous Owner Phillips Andrew $263,150
Previous Owner Gibbs Robert $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $554,000 -4.5% $225 / Sq Ft
03/16/2022 03/16/22 Price Changed $580,000 +1.8% $236 / Sq Ft
01/11/2022 01/11/22 Price Changed $569,900 -1.7% $232 / Sq Ft
12/22/2021 12/22/21 For Sale $580,000 +32.7% $236 / Sq Ft
12/23/2020 12/23/20 Sold $437,000 -0.7% $178 / Sq Ft
10/27/2020 10/27/20 For Sale $439,900 -- $179 / 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 $6,542 $142,740 $36,750 $105,990
2023 $6,610 $142,730 $36,750 $105,980
2022 $8,129 $152,960 $5,250 $147,710
2021 $7,758 $145,720 $6,550 $139,170
2020 $5,170 $96,960 $6,550 $90,410
2019 $3,731 $96,960 $6,550 $90,410
2018 $3,189 $60,740 $6,550 $54,190
2017 $3,421 $54,260 $6,550 $47,710
2016 $2,652 $46,450 $5,810 $40,640
2015 $2,505 $46,450 $5,810 $40,640
2014 $2,313 $46,450 $5,810 $40,640
2013 $1,139 $42,175 $5,250 $36,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221048381

Columbus and Central Ohio Regional MLS

APN: 010-055916