NOT LISTED FOR SALE
4 Beds
-- Bath
2,688 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: December 30, 2021

Last sale price $475,000 $177 Per Sq Ft

91 Days on Market

About This Home

As of December 2021

*Tax abatement process has been started. Phase 1 and 2 will be filed prior to closing.

Great brick 4 unit right in Merion Village! 2 2 bedroom units and 2 1 bedroom units with ample parking out back. This property would make a wonderful investment property or work for an owner occupant!

The two 1 bedroom units are air bnb'd both avg roughly $1500/month prior to management fee

Last Agent to Sell the Property

Nick DeWitt

List License #2023006543 Listed on: 11/04/2021

Last Buyer's Agent

Sean Socha

RE/MAX Partners License #2019006661

RE/MAX Partners
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,823

Year Built

  • Built in 1903

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 2,688 Sq Ft Home
  • Mixed Use

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-041935

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $8,823
  • Gross Income $59,280
  • Net Operating Income $50,457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,823

Year Built

Built in 1903

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1903
  • Tax Year: 2020
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.14
  • Total Gross Income: 59280.0
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Subdivision Name: Merion Village
  • Location Property Info List PriceSqFt: 180.43
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 59280.0
  • Annual Expenses: 8823.0
  • General Property Info Building Sq Ft: 2688.0
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-041935
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 50457.0
  • Annual Operating Expense: 8823.0

Tax Info

  • Tax Annual Amount: 7823.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 29, 2021
Sold by
Bought by
Seller's Agent
Nick DeWitt
List
Buyer's Agent
Sean Socha
RE/MAX Partners
List Price
$519,000
Sold Price
$475,000
Premium/Discount to List
-$44,000
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Outstanding Balance
$329,352
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,853
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
8.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 7, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
8.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1987
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Merion Village, OH

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$472,500 Associates Title
$256,500 Northwest Title
$197,000 Golden Title
$190,000 Golden Titl
$36,000 Golden Titl
$72,000 Golden Titl
$206,000 Powell Tit
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $378,000
Previous Owner $260,000
Previous Owner $251,853
Previous Owner $138,500
Previous Owner $103,500
Previous Owner $144,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $475,000 -2.1% $177 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $485,000 -2.8% $180 / Sq Ft
09/07/2021 09/07/21 Price Changed $499,000 -3.9% $186 / Sq Ft
08/26/2021 08/26/21 For Sale $519,000 -- $193 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $9,105 $120,890 $14,700 $106,190
2024 $9,105 $120,890 $14,700 $106,190
2023 $7,414 $120,890 $14,700 $106,190
2022 $16,326 $165,380 $18,380 $147,000
2021 $7,877 $105,180 $18,380 $86,800
2020 $7,823 $105,180 $18,380 $86,800
2019 $6,891 $84,140 $14,700 $69,440
2018 $3,434 $84,140 $14,700 $69,440
2017 $6,507 $84,140 $14,700 $69,440
2016 $6,092 $70,000 $14,700 $55,300
2015 $2,828 $70,000 $14,700 $55,300
2014 $5,653 $70,000 $14,700 $55,300
2013 $2,801 $70,000 $14,700 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221033615

Columbus and Central Ohio Regional MLS
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