NOT LISTED FOR SALE

1506 Summit St Unit 8 Columbus, OH 43201

Weinland Park Neighborhood

Estimated Value: $430,066 - $553,000

6 Beds
2 Baths
3,380 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 10, 2018

Last sale price $380,000 $112 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,175/month

19 Days on Market

About This Home

As of November 2018

Value Add! Spacious 5 bedroom, 2 bath each side duplex. Severely under market rent. One side currently rented at $1400. Both sides upgraded with: new kitchen/stainless steel or black appliances, new furnace, central air, new carpet for bedrooms, and hardwood floors throughout the first floor. Market rents at $450 a bed. Ask agent about seller credit.

Last Agent to Sell the Property

Joseph Allred

Peak Property Group Realty Listed on: 09/21/2018

Last Buyer's Agent

Ray Haghighi

Easton Realty License #415244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,946

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 3,380 Sq Ft Home
  • Duplex

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-057327

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,946

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Co List Office Phone: 614-339-4608
  • MLS Status: Closed
  • General Property Info Building Sq Ft: 3380.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-057327
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4946.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Nov 8, 2018
Sold by
1506 And 1508 Summit Llc
Bought by
1506 1508 Summit Street Llc
Seller's Agent
Joseph Allred
Peak Property Group Realty
Buyer's Agent
Ray Haghighi
Easton Realty
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
$514,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,767
Avg. Annual Appreciation
4.41%
Original Mortgage
$304,000
Outstanding Balance
$266,760
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
$248,007

Purchase Details

Closed on
Apr 2, 2015
Sold by
Michel Kevin P
Bought by
1506 & 1508 Summit Llc

Purchase Details

Closed on
Dec 5, 2002
Sold by
Simons Tradi J and Simons Tru J
Bought by
Michel Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,837
Interest Rate
6.23%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1995
Sold by
Allen Farrell E
Bought by
Tru J Simons

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
7.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records

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
1506 1508 Summit Street Llc -- Amerititle Box
1506 & 1508 Summit Llc -- None Available
Michel Kevin P $138,000 --
Tru J Simons $41,000 --
-- $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1506 1508 Summit Street Llc $304,000
Previous Owner Michel Kevin P $137,837
Previous Owner Tru J Simons $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2018 11/10/18 Sold $380,000 0.0% $112 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
09/21/2018 09/21/18 For Sale $380,000 -- $112 / 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 $5,547 $121,040 $39,910 $81,130
2023 $5,478 $121,030 $39,900 $81,130
2022 $5,806 $109,250 $18,700 $90,550
2021 $5,816 $109,250 $18,700 $90,550
2020 $5,250 $98,470 $18,700 $79,770
2019 $5,047 $78,760 $14,950 $63,810
2018 $4,306 $78,760 $14,950 $63,810
2017 $4,460 $78,760 $14,950 $63,810
2016 $3,974 $57,760 $12,850 $44,910
2015 $3,573 $57,760 $12,850 $44,910
2014 $3,581 $57,760 $12,850 $44,910
2013 $1,606 $52,500 $11,690 $40,810
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joseph Allred

    Peak Property Group Realty

  • R

    Buyer's Agent in 2018

    Ray Haghighi

    Easton Realty

    (614) 599-5772

    6 Total Sales

    Ray Haghighi
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218035786

Columbus and Central Ohio Regional MLS

APN: 010-057327

Ohio Franklin County Columbus 43201 Weinland Park

1506 Summit St Unit 8, Columbus, OH

Not Listed for Sale

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