NOT LISTED FOR SALE

Estimated Value: $461,000 - $733,000

4 Beds
2 Baths
2,400 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $595,000 $248 Per Sq Ft

Current estimated payment $3,936/month

28 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 5-minute walk to Schiller Park
  • Fireplace

About This Home

As of January 2021

Two Beautifully appointed 2 bedroom units with separate 1-car garages; live in one side and make money renting the other! This duplex is located on the edge of German Village and was completely remodeled using high-end finishes to appeal to upscale occupants. These units have original wood floors and trim, but have had all of the mechanicals updated to ensure hassle-free management. Both sides have stainless appliances, granite countertops, formal living room separate dining rooms, lots of storage, and separately fenced back yards with decks and garages. The homes also have central air, dishwashers, and large dry basements ideal for storing bicycles or other summer toys. Both units are occupied on month-to-month basis at $1,800 and $1,750...total gross of income of $42,600/yr.

Last Agent to Sell the Property

Aria Alaudini

Mid Ohio Real Estate, LLC. License #2012002377 Listed on: 11/27/2020

Last Buyer's Agent

Nathan Purdy

RE/MAX First Realty License #2011002875

RE/MAX First Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,844

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Fireplace
  • Basement

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-029007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Operating Expense $7,100
  • Gross Income $42,000
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,844

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 42000.0
  • Co List Office Phone: 614-423-9296
  • MLS Status: Closed
  • Subdivision Name: German Village area (Merion Village)
  • Income Expenses Gross Income: 42000.0
  • Annual Expenses: 7100.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2400.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous Fireplace: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

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: 010-029007
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 35000.0
  • Annual Operating Expense: 7100.0

Tax Info

  • Tax Annual Amount: 5844.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Jan 27, 2021
Sold by
German Village Holdings Ltd
Bought by
Powell Lisa Arledge
Seller's Agent
Aria Alaudini
Mid Ohio Real Estate, LLC.
Buyer's Agent
Nathan Purdy
RE/MAX First Realty
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%
Total Days on Market
28
Current Estimated Value
$593,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,694
Avg. Annual Appreciation
1.58%
Original Mortgage
$400,000
Outstanding Balance
$362,063
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$275,821

Purchase Details

Closed on
Jul 1, 2016
Sold by
Delia Julia A and Muncie Debora F
Bought by
German Village Holdings Ltd

Purchase Details

Closed on
Dec 5, 2014
Sold by
Endress Patrick J
Bought by
Ella Julia A D and Muncie Debora F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 25, 1987
Bought by
Endress Patrick J

Purchase Details

Closed on
Apr 1, 1986

Purchase Details

Closed on
Feb 1, 1984
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Powell Lisa Arledge $595,000 Title Co Ltd
German Village Holdings Ltd -- Title Co Ltd
Ella Julia A D $195,700 None Available
Endress Patrick J -- --
-- $73,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Lisa Arledge $400,000
Previous Owner Ella Julia A D $224,000
Previous Owner Endress Patrick J $89,091
Previous Owner Endress Patrick J $133,115
Previous Owner Endress Patrick J $35,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $595,000 -0.8% $248 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
11/26/2020 11/26/20 For Sale $599,900 -- $250 / 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 $7,713 $170,070 $46,240 $123,830
2023 $7,616 $170,065 $46,235 $123,830
2022 $6,374 $118,550 $42,460 $76,090
2021 $6,311 $118,550 $42,460 $76,090
2020 $6,471 $118,550 $42,460 $76,090
2019 $5,844 $91,570 $42,460 $49,110
2018 $5,124 $91,570 $42,460 $49,110
2017 $5,403 $91,570 $42,460 $49,110
2016 $5,205 $76,620 $23,310 $53,310
2015 $4,413 $71,540 $23,310 $48,230
2014 $4,374 $71,540 $23,310 $48,230
2013 $1,961 $65,030 $21,175 $43,855
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220041518

Columbus and Central Ohio Regional MLS

APN: 010-029007