NOT LISTED FOR SALE

1347 E 18th Ave Unit 349 Columbus, OH 43211

South Linden Neighborhood

Estimated Value: $180,716 - $214,000

6 Beds
2 Baths
2,240 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $37,000 $17 Per Sq Ft

Est. 428% increase in value since last sale

Current estimated payment $1,259/month

1 Day on Market

About This Home

As of May 2017

Great income producing property! Very large two unit building with 3 bedrooms each side. Currently rented at $550 & $580/month. Roof 2000, furnace 2001, hardwood and decorative fireplace. Close to school & bus line. Do not disturb tenants. Can be packaged with 1268-1270 E. 17th Ave. & 538-540 Trevitt Street.

Last Listed By

Shelley Cottrell

Howard Hanna Real Estate Svcs License #2007001918 Listed on: 05/16/2017

Howard Hanna Real Estate Svcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $526

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 2,240 Sq Ft Home
  • Duplex

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-048181

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,846
  • Gross Income $13,560
  • Net Operating Income $11,714

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$526

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1926
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 13560.0
  • Co List Office Phone: 614-239-7400
  • MLS Status: Closed
  • Subdivision Name: Louis Heights
  • Income Expenses Gross Income: 13560.0
  • Annual Expenses: 1846.0
  • General Property Info Building Sq Ft: 2240.0
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-048181
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11714.0
  • Annual Operating Expense: 1846.0

Tax Info

  • Tax Annual Amount: 526.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2022
Sold by
Equity Trust Company Fbo Antoinette Hale
Bought by
Pierce Capital Llc
Total Days on Market
1
Current Estimated Value
$195,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Outstanding Balance
$128,036
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$71,614

Purchase Details

Listed on
May 16, 2017
Closed on
May 30, 2017
Sold by
Equity Trust Company
Bought by
Equity Trust Company and Antoinette Hale Ira
Seller's Agent
Shelley Cottrell
Howard Hanna Real Estate Svcs
Buyer's Agent
Matthew Beckett
Realty Executives Decision
List Price
$39,900
Sold Price
$37,000
Premium/Discount to List
-$2,900
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.62%

Purchase Details

Closed on
Oct 8, 2014
Sold by
Paulsen Jeffrey
Bought by
Equity Trust Co and Terrance Springer Ira

Purchase Details

Closed on
Jul 28, 2011
Sold by
Hubbard Ernestine
Bought by
Paulsen Jeffrey

Purchase Details

Closed on
Feb 23, 2011
Sold by
Hubbard Dwayne
Bought by
Hubbard Ernestine

Purchase Details

Closed on
Jul 22, 2008
Sold by
Bank Of New York
Bought by
Hubbard Dwayne

Purchase Details

Closed on
Mar 12, 2008
Sold by
Smith Michael
Bought by
Bank Of New York and Alternative Loan Trust 2007-J1 Mortgage

Purchase Details

Closed on
Apr 11, 2006
Sold by
Uptown Homes
Bought by
Smith Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2005
Sold by
Robinson Edward Lee
Bought by
Wachovia Bank Na and Long Beach Mortgage Loan Trust 2002-1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2005
Sold by
Wachovia Bank Na
Bought by
Uptown Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2000
Sold by
Phillips Capital Corp
Bought by
Security Federal Bank Fsb

Purchase Details

Closed on
Mar 6, 1997
Sold by
Wegner Chester W
Bought by
Phillips Geoffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.93%
Mortgage Type
Balloon

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
Pierce Capital Llc $350,000 Landsel Title Agency
Equity Trust Company $37,000 First Ohio Title Insurance
Equity Trust Co $20,000 First Ohio Title Ins Box
Paulsen Jeffrey $16,000 Hostetler
Hubbard Ernestine -- None Available
Hubbard Dwayne $8,500 Cornerston
Bank Of New York $44,000 None Available
Smith Michael $90,000 Netco
Wachovia Bank Na $28,000 --
Uptown Homes $33,000 --
Security Federal Bank Fsb -- --
Phillips Geoffrey L $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierce Capital Llc $131,250
Previous Owner Smith Michael $81,000
Previous Owner Smith Michael $4,500
Previous Owner Uptown Homes $52,000
Previous Owner Robinson Edward Lee $56,000
Previous Owner Robinson Edward Lee $14,000
Previous Owner Green Donald F $56,896
Previous Owner Phillips Geoffrey L $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $37,000 -7.3% $17 / Sq Ft
05/16/2017 05/16/17 For Sale $39,900 -- $18 / 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 $2,111 $46,070 $5,920 $40,150
2023 $2,235 $46,070 $5,920 $40,150
2022 $826 $15,540 $2,450 $13,090
2021 $827 $15,540 $2,450 $13,090
2020 $829 $15,540 $2,450 $13,090
2019 $805 $12,950 $2,030 $10,920
2018 $643 $12,950 $2,030 $10,920
2017 $1,230 $19,780 $2,030 $17,750
2016 $526 $7,000 $2,660 $4,340
2015 $862 $7,000 $2,660 $4,340
2014 $1,269 $7,000 $2,660 $4,340
2013 $695 $23,030 $2,940 $20,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217016245

Columbus and Central Ohio Regional MLS

APN: 010-048181