$100,000
SOLD DEC 20, 2019

1522 Loretta Ave Unit 524 Columbus, OH 43211

North Linden Neighborhood
-- Bed
-- Bath
2,608 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$38 Per Sq Ft

10 Days on Market

About This Home

As of December 2019

ATTRACTIVE INVESTMENT OPPORTUNITY 2 UNITS!!!! This is a multi family home in the North Linden neighborhood. 2,608 SF built in 1930. 1522 has been totally renovated. New windows, kitchen, flooring, h20 heater, and much more. 3 bedrooms, 1 bathroom and amazing dining room, eat in kitchen and full basement. Tenant occupied at 850/month through August 2020. Unit 1524 has been very well maintained. It also has 3 bedrooms, 1 bath, tenant occupied 650/month through December 2019. Both sides include partially finished third level for extra bonus space! All mechanicals and dimensional roof have been replaced in the last 8 years. This property will provide a great income opportunity at 1500/month with potential to increase rent on the 1524 side.

Last Agent to Sell the Property

Joan Elfein

Ohio Broker Direct, LLC License #386319

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1930

Parking

  • Off-Street Parking: 1

Home Design

  • 2,608 Sq Ft Home
  • Duplex

Utilities

  • No Cooling
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-061358

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,325
  • Gross Income $18,000
  • Net Operating Income $15,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,549

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 18000.0
  • Co List Office Phone: 614-989-7215
  • MLS Status: Closed
  • Income Expenses Gross Income: 18000.0
  • Annual Expenses: 2325.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2608.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Cooling: None
  • Cooling Y N: No

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-061358
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15675.0
  • Annual Operating Expense: 2325.0

Tax Info

  • Tax Annual Amount: 1549.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Nov 18, 2019
Sold by
Ververa Ismael
Bought by
Blue Light And Associates Llc
Seller's Agent
Joan Elfein
Ohio Broker Direct, LLC
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Total Days on Market
10
Current Estimated Value
$206,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,786
Avg. Annual Appreciation
14.34%
Original Mortgage
$71,250
Outstanding Balance
$63,660
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$143,126

Purchase Details

Closed on
Aug 2, 2019
Sold by
Heacock Emily
Bought by
1522 1524 Loretta Llc

Purchase Details

Closed on
Jul 16, 2019
Sold by
Abba Homes Llc
Bought by
Heacock Emily

Purchase Details

Closed on
Dec 13, 2007
Sold by
Brotherton Bonnie
Bought by
Abba Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 10, 2007
Sold by
Deutsche Bank Trust Co Americas
Bought by
Brotherton Bonnie

Purchase Details

Closed on
Mar 15, 2007
Sold by
Holley Michael E and Residential Funding Corp
Bought by
Deutsche Bank Trust Co Americas and Residential Funding Co Llc

Purchase Details

Closed on
Aug 29, 2001
Sold by
Wiles Douglas J and Wiles Karen L
Bought by
Holley Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
7.11%

Purchase Details

Closed on
Jul 19, 2001
Sold by
Wiles Douglas
Bought by
Holley Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
7.11%

Purchase Details

Closed on
Apr 12, 1991
Bought by
Wiles Douglas J

Purchase Details

Closed on
May 1, 1984

Map

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 Type Sale Price Title Company
Warranty Deed -- Landsel Title Box
Warranty Deed $100,000 Landsel Title Box
Warranty Deed -- None Available
Warranty Deed $50,000 Landsel Title Box
Quit Claim Deed -- None Available
Special Warranty Deed $16,000 Cornerston
Sheriffs Deed $28,000 None Available
Warranty Deed $52,000 --
Land Contract $52,000 --
Deed $43,700 --
Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $71,250 New Conventional
Previous Owner $140,000 Unknown
Previous Owner $57,500 No Value Available
Previous Owner $52,167 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Off Market $1,100 -- --
04/12/2023 04/12/23 Rented $1,100 0.0% --
04/10/2023 04/10/23 For Rent $1,100 +22.2% --
01/29/2021 01/29/21 Rented $900 0.0% --
01/17/2021 01/17/21 For Rent $900 0.0% --
12/20/2019 12/20/19 Sold $100,000 +0.1% $38 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $99,900 -- $38 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $2,910 $63,490 $10,780 $52,710
2023 $3,023 $63,490 $10,780 $52,710
2022 $1,966 $34,170 $5,500 $28,670
2021 $2,603 $34,170 $5,500 $28,670
2020 $2,101 $34,170 $5,500 $28,670
2019 $1,552 $24,960 $3,610 $21,350
2018 $1,357 $24,960 $3,610 $21,350
2017 $1,552 $24,960 $3,610 $21,350
2016 $1,365 $20,090 $3,710 $16,380
2015 $1,243 $20,090 $3,710 $16,380
2014 $1,246 $20,090 $3,710 $16,380
2013 $724 $23,660 $4,375 $19,285
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219035094

Columbus and Central Ohio Regional MLS

APN: 010-061358

Ohio Franklin County Columbus 43211 North Linden

1522 Loretta Ave Unit 524, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 1522 Loretta Ave Unit 524, Columbus, OH 43211 and is currently priced at $100,000, approximately $38 per square foot. This property was built in 1930. 1522 Loretta Ave Unit 524 is a home located in Franklin County with nearby schools including Linden STEM Academy (K-6), Linden-Mckinley Stem School On Arcadia, and North Columbus Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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