NOT LISTED FOR SALE

15 Whitethorne Ave Unit 17 Columbus, OH 43223

Central Hilltop Neighborhood

Estimated Value: $207,000 - $260,000

6 Beds
3 Baths
3,240 Sq Ft
$73/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $212,430 $66 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,608/month

72 Days on Market

About This Home

As of February 2023

Fabulous opportunity to own a 3-unit brick multi-family investment property. Each unit contains 2 bedrooms and one bathroom. Two units (15& 17) have newer furnaces and hot water tanks, some newer windows. Unit 19 is ready for continued renovation. The building has recently been re-tuckpointed. Property is being SOLD AS-IS and Unit 19 is available for tour. Lockbox is located behind the boarded door. Unit #15 leases for $700/month, #17 leases for $750/month. #15 is currently vacant and has been gutted; framing, electric, and insulation have been started. Potential income of @2,250/month once third unit is renovated, or $27,000/year. Long-term tenants.

Last Listed By

Troy Fabish

Keller Williams Consultants License #2003008609 Listed on: 12/08/2022

Keller Williams Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,873

Year Built

  • Built in 1925

Lot Details

  • 6,098

Home Design

  • 3,240 Sq Ft Home
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 6,098 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-057587

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $800
  • Operating Expense $2,673
  • Gross Income $17,400
  • Net Operating Income $14,727

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,873

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2021
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.14
  • Total Gross Income: 17400.0
  • Co List Office Phone: 614-932-2000
  • MLS Status: Closed
  • Subdivision Name: Central Hilltop / Highland West
  • Income Expenses Gross Income: 17400.0
  • Annual Expenses: 2673.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3240.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 800.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-057587
  • Lot Size Sq Ft: 6098.4
  • Additional Parcels: No
  • Zoning Description: Multi-Family

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 14727.0
  • Annual Operating Expense: 2673.0

Tax Info

  • Tax Annual Amount: 1873.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Feb 15, 2023
Sold by
Zimmer Scott A and Zimmer Brynn M
Bought by
261 Lowell Road Llc
Seller's Agent
Troy Fabish
Keller Williams Consultants
Buyer's Agent
Carson Thrush
List
List Price
$275,000
Sold Price
$212,430
Premium/Discount to List
-$62,570
-22.75%
Total Days on Market
72
Views
121
Current Estimated Value
$237,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,178
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 10, 2018
Sold by
Hazley Business Solutions Llc
Bought by
Zimmer Scott A and Zimmer Bryann M
Seller's Agent
Justin Hazley
Key Realty
Buyer's Agent
Troy Fabish
Keller Williams Consultants
List Price
$99,900
Sold Price
$103,700
Premium/Discount to List
$3,800
3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.03%
Original Mortgage
$77,775
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2015
Sold by
Hazley Justin M and Hazley Whitney M
Bought by
Hazley Business Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1973
Bought by
Hickman Clinton

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
261 Lowell Road Llc $212,500 Monarch Title Services
Zimmer Scott A $103,700 Golden Title Box
Hazley Business Solutions Llc -- Golden Title
Hazley Justin M $57,000 Golden Title
Hickman Clinton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 261 Lowell Road Llc $313,600
Previous Owner Zimmer Scott A $77,775
Previous Owner Hazley Justin M $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $212,430 -15.0% $66 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $250,000 -9.1% $77 / Sq Ft
12/08/2022 12/08/22 For Sale $275,000 +165.2% $85 / Sq Ft
08/10/2018 08/10/18 Sold $103,700 +3.8% $32 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $99,900 -- $31 / 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 $3,338 $72,840 $6,090 $66,750
2023 $3,296 $72,840 $6,090 $66,750
2022 $1,870 $35,180 $3,220 $31,960
2021 $1,873 $35,180 $3,220 $31,960
2020 $1,876 $35,180 $3,220 $31,960
2019 $1,974 $29,340 $2,700 $26,640
2018 $1,509 $29,340 $2,700 $26,640
2017 $1,570 $29,340 $2,700 $26,640
2016 $1,315 $19,360 $5,360 $14,000
2015 $1,197 $19,360 $5,360 $14,000
2014 $1,200 $19,360 $5,360 $14,000
2013 $697 $22,785 $6,300 $16,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222043938

Columbus and Central Ohio Regional MLS

APN: 010-057587