NOT LISTED FOR SALE

Estimated Value: $440,000 - $549,000

6 Beds
3 Baths
2,484 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $330,000 $133 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,061/month

7 Days on Market

About This Home

As of September 2020

Off campus 3 unit building with parking. Fully occupied though July 2021. Townhouse style units. Tenants pay own utilities. Rental income lower than market.
No basements. Each unit has updated kitchens and baths and washer and dryers about 5 years old. Roof is about 9 years old.
All three units rented through July 2021 at $880, $880, and $850 for a total of $2610 per month.

Last Agent to Sell the Property

Stephen Papineau

1st Place Realty License #2007002593 Listed on: 08/17/2020

Last Buyer's Agent

Yanhua Xue

OwnerLand Realty, Inc. License #2018001984

OwnerLand Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1971

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 2,484 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Parking

  • 6 Parking Spaces
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-047210

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,985
  • Operating Expense $12,088
  • Gross Income $31,425
  • Net Operating Income $19,337

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,897

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1971
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.14
  • Total Gross Income: 31425.0
  • Co List Office Phone: 614-429-0960
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 114.73
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 31425.0
  • Annual Expenses: 12088.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2484.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info Off Street Parking Spaces2: 1.0

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: 010-047210
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1985.0
  • Net Operating Income: 19337.0
  • Annual Operating Expense: 12088.0

Tax Info

  • Tax Annual Amount: 4897.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 11, 2020
Sold by
Saad Thomas D and Saad Jennifer A
Bought by
Lh Advisory Llc
Seller's Agent
Stephen Papineau
1st Place Realty
Buyer's Agent
Yanhua Xue
OwnerLand Realty, Inc.
List Price
$285,000
Sold Price
$330,000
Premium/Discount to List
$45,000
15.79%
Current Estimated Value
$476,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,836
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Jan 11, 2007
Sold by
Warner Timothy E and Warner Betsy A
Bought by
Saad Thomas D and Saad Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2000
Sold by
Swain Ralph E and The Ralph E Swain Revocable Tr
Bought by
Warner Timothy E and Warner Betsy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lh Advisory Llc $326,700 Star Title Agency Llc
Saad Thomas D $195,000 Attorney
Warner Timothy E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saad Thomas D $146,250
Previous Owner Warner Timothy E $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $330,000 +15.8% $133 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $285,000 -- $115 / 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 $6,750 $147,290 $37,630 $109,660
2023 $6,666 $147,280 $37,625 $109,655
2022 $6,077 $114,350 $22,540 $91,810
2021 $6,080 $114,210 $22,540 $91,670
2020 $5,250 $98,460 $22,540 $75,920
2019 $4,897 $78,760 $18,030 $60,730
2018 $4,350 $78,760 $18,030 $60,730
2017 $4,541 $78,760 $18,030 $60,730
2016 $4,185 $61,600 $11,200 $50,400
2015 $3,810 $61,600 $11,200 $50,400
2014 $3,819 $61,600 $11,200 $50,400
2013 $1,713 $56,000 $10,185 $45,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220028063

Columbus and Central Ohio Regional MLS

APN: 010-047210