NOT LISTED FOR SALE

1357 Island Bay Dr Unit 1357I Columbus, OH 43235

Sycamore Hills Neighborhood

Estimated Value: $172,000 - $285,820

2 Beds
1 Bath
4,651 Sq Ft
$45/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $320,000 $69 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,296/month

34 Days on Market

Highlights

  • Fireplace
  • Heat Pump System
  • 3-minute walk to Godown Park
  • Central Air

About This Home

As of September 2014

Attention Investor! Fully rented since built in 1985! Beautiful two story condos located in the desirable Shadow Lakes Community. These units all offer private patios and have wonderful pond and fountain views! Finished LL Rec Rm w/newer carpet...vaulted ceiling in Master which also has adjoining bath with double sinks...wood-burning fireplaces...condo fee includes water, sewer,exterior maintenance, master insurance on bldg. One car carport is included with each unit. Assn amenities include pool...recently updated pool decking and fencing...ponds and fountains, four water falls and extensive green spaces.

Last Agent to Sell the Property

Donald Seager

Seager and Associates, Inc License #187730 Listed on: 09/02/2014

Last Buyer's Agent

Donald Seager

Seager and Associates, Inc License #187730 Listed on: 09/02/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,001

Year Built

  • Built in 1985

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 4,651 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 8 Parking Spaces
  • 3 Carport Spaces
  • Common or Shared Parking
  • Off-Street Parking: 1

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-202402

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $28,874
  • Gross Income $42,683
  • Net Operating Income $13,809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,001

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1985
  • Tax Year: 2013
  • Property Sub-Type: Townhouse
  • Total Gross Income: 42683.0
  • Co List Office Phone: 614-946-7402
  • MLS Status: Closed
  • Subdivision Name: Shadow Lakes
  • Location Property Info List PriceSqFt: 70.52
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 42683.0
  • Annual Expenses: 28874.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 4651.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Carports: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Common: Yes
  • General Property Info Carport Spaces2: 3.0

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Storm Sewer
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 215.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-202402
  • Additional Parcels Description: 010-202403-00 010-202404-00 010=202405-00
  • Additional Parcels: Yes
  • Zoning Description: Condo 4-19

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 13809.0
  • Annual Operating Expense: 28874.0

Tax Info

  • Tax Annual Amount: 7001.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 1985
Bought by
Beds Co The
Current Estimated Value
$207,955
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
Beds Co The $211,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2014 09/30/14 Sold $320,000 -2.4% $69 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $328,000 -- $71 / 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 $2,454 $53,550 $4,200 $49,350
2023 $2,804 $61,950 $4,200 $57,750
2022 $1,715 $32,270 $5,250 $27,020
2021 $1,718 $32,270 $5,250 $27,020
2020 $2,029 $38,050 $5,250 $32,800
2019 $1,892 $30,420 $4,200 $26,220
2018 $1,646 $30,420 $4,200 $26,220
2017 $1,891 $30,420 $4,200 $26,220
2016 $1,541 $22,680 $5,670 $17,010
2015 $1,403 $22,680 $5,670 $17,010
2014 $1,406 $22,680 $5,670 $17,010
2013 $819 $26,775 $6,300 $20,475
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Donald Seager

    Seager and Associates, Inc

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214036737

Columbus and Central Ohio Regional MLS

APN: 010-202402

Ohio Franklin County Columbus 43235 Sycamore Hills

1357 Island Bay Dr Unit 1357I, Columbus, OH

Not Listed for Sale

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