NOT LISTED FOR SALE

1337 E Kossuth St Unit 339 Columbus, OH 43206

Driving Park Neighborhood

Estimated Value: $218,358 - $387,000

6 Beds
2 Baths
2,352 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $123,500 $53 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,699/month

3 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating System
  • 5-minute walk to Roosevelt Park
  • Window Unit Cooling System

About This Home

As of April 2019

Great two unit rented on one side and move-in ready on the other side. Current rent on the occupied unit is $675/mo. 1337 side is vacant, do not disturb the tenants in 1339. Photos contain a pic of the bathroom in 1339 which was redone in 2017. Wonderful opportunity for cash flow and a solid return on investment. Broker, John Stomps, is a licensed real estate broker and has an ownership interest in the company that is selling the building.

Last Agent to Sell the Property

John Stomps

Berkshire Hathaway HS Plus Rea License #0700316302 Listed on: 03/09/2019

Berkshire Hathaway HS Plus Rea

Last Buyer's Agent

Jamie Turner

Coldwell Banker Realty License #2016004499

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,260

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 2,352 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-063586

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $42
  • Maintenance Expense $1,600
  • Manager Expense $930
  • Professional Management Expense $930
  • Operating Expense $5,700
  • Gross Income $16,200
  • Net Operating Income $10,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,260

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 16200.0
  • Co List Office Phone: 614-880-2800
  • MLS Status: Closed
  • Income Expenses Gross Income: 16200.0
  • Annual Expenses: 5700.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2352.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced 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: 010-063586
  • Lot Size Sq Ft: 3920.4
  • Additional Parcels: No
  • Zoning Description: Res

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 42.0
  • Maintenance Expense: 1600.0
  • Resident Manager Expense: 930.0
  • Net Operating Income: 10500.0
  • Annual Operating Expense: 5700.0
  • Vacancy Allowance Rate: 700.0

Tax Info

  • Tax Annual Amount: 1260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Apr 11, 2019
Sold by
Apex Investments Limited Partnership
Bought by
Newman Andrew J
Seller's Agent
John Stomps
Berkshire Hathaway HS Plus Rea
Buyer's Agent
Jamie Turner
Coldwell Banker Realty
List Price
$125,000
Sold Price
$123,500
Premium/Discount to List
-$1,500
-1.2%
Current Estimated Value
$275,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,090
Avg. Annual Appreciation
13.78%
Original Mortgage
$121,262
Interest Rate
4.12%

Purchase Details

Closed on
Mar 22, 2011
Sold by
Cu Mortgage Investors Llc
Bought by
Apex Investments Limited Partnership

Purchase Details

Closed on
Feb 1, 2010
Sold by
Csmc Inc
Bought by
Cu Mortgage Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 30, 2008
Sold by
Interim Funding Llc
Bought by
Csmc Inc and Central State Mortgage

Purchase Details

Closed on
Jan 16, 2008
Sold by
Armstrong Jeff
Bought by
Interim Funding Llc

Purchase Details

Closed on
Jan 26, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Armstrong Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2006
Sold by
Bell Joseph W and Bell Joseph
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust Serie

Purchase Details

Closed on
Aug 31, 2001
Sold by
Hud
Bought by
Bell Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1983
Bought by
Bates Gregory K
Source: Public Records

Range of Values:

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Average Value
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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
Newman Andrew J $123,500 --
Apex Investments Limited Partnership $24,000 Chase Titlfe
Cu Mortgage Investors Llc $34,000 Pacs Title
Csmc Inc -- Pacs Title
Interim Funding Llc -- Attorney
Armstrong Jeff $33,800 Landcastle
Deutsche Bank National Trust Co $34,000 None Available
Bell Joseph W $40,050 Contract Processing & Title
Bates Gregory K $38,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Andrew J $121,262
Closed Newman Andrew J --
Previous Owner Cu Mortgage Investors Llc $10,000,000
Previous Owner Armstrong Jeff $72,500
Previous Owner Bell Joseph W $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $123,500 -1.2% $53 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $125,000 -- $53 / 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 $2,853 $62,900 $9,380 $53,520
2023 $2,967 $62,895 $9,380 $53,515
2022 $2,420 $43,230 $1,750 $41,480
2021 $2,424 $43,230 $1,750 $41,480
2020 $1,442 $24,330 $2,100 $22,230
2019 $1,260 $20,270 $1,750 $18,520
2018 $889 $20,270 $1,750 $18,520
2017 $1,260 $20,270 $1,750 $18,520
2016 $571 $8,410 $2,770 $5,640
2015 $520 $8,410 $2,770 $5,640
2014 $521 $8,410 $2,770 $5,640
2013 $257 $8,400 $2,765 $5,635
Source: Public Records

Agents Affiliated with this Home

  • John Stomps

    Seller's Agent in 2019

    John Stomps

    Berkshire Hathaway HS Plus Rea

    (614) 689-0089

    23 Total Sales

    John Stomps
    Section Image

  • J

    Buyer's Agent in 2019

    Jamie Turner

    Coldwell Banker Realty

    (937) 631-0266

    12 Total Sales

    Jamie Turner
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219006782

Columbus and Central Ohio Regional MLS

APN: 010-063586

Ohio Franklin County Columbus 43206 Driving Park

1337 E Kossuth St Unit 339, Columbus, OH

This home is located at 1337 E Kossuth St Unit 339, Columbus, OH 43206 since 09 March 2019 and is currently estimated at $275,590, approximately $117 per square foot. This property was built in 1910. 1337 E Kossuth St Unit 339 is a home located in Franklin County with nearby schools including Fairwood Alternative Elementary School, South High School, and Capital Collegiate Preparatory Academy.

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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