NOT LISTED FOR SALE

1554 Worthington Row Dr Unit AD Columbus, OH 43235

Brookside Village Neighborhood

Estimated Value: $374,000 - $658,000

2 Beds
2 Baths
4,032 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $277,500 $69 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,154/month

4 Days on Market

About This Home

As of June 2018

**MULTIPLE OFFERS RECEIVED** Excellent 4-Unit investment opportunity. Four individually parceled units. Very well maintained and located in the Worthington School District (Columbus Taxes). Fully Stabilized, 100 % occupied, four unit TWO Story townhouse rental community. Each townhome style unit includes 2-Bedrooms, 1.5-Baths, with W/D Hookups, Refrigerator, Range & Dishwasher. Plenty of off street parking, common roads paved 2 years ago. Owner pays sewer and trash, tenant pays electric and water remaining utilities. Current Rents: $700, $700, $700, $700. Low turnover. Potential to increase rents. Third party management in place and willing to stay on.

Last Listed By

Robert Ellis

Key Realty Listed on: 06/18/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,368

Year Built

  • Built in 1981

Lot Details

  • 436 Sq Ft Lot

Home Design

  • 4,032 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 610-220963

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $4,369
  • Gross Income $33,600
  • Net Operating Income $29,231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,368

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1981
  • Tax Year: 2017
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.01
  • Total Gross Income: 33600.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Subdivision Name: WORTHINGTON ROW
  • Income Expenses Gross Income: 33600.0
  • Annual Expenses: 4369.12
  • General Property Info Building Sq Ft: 4032.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 610-220963
  • Lot Size Sq Ft: 435.6
  • Additional Parcels Description: 610-220963-00 610-220964-00 610-220965-00 and 610-220966-00

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 29230.88
  • Annual Operating Expense: 4369.12

Tax Info

  • Tax Annual Amount: 4368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2022
Sold by
Real Estate Ambassadors V Llc
Bought by
Merchant Aziz and Merchant Tarannum
Total Days on Market
4
Current Estimated Value
$540,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,545
Outstanding Balance
$376,612
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$147,055

Purchase Details

Closed on
Mar 28, 2022
Sold by
Real Estate Ambassadors V Llc
Bought by
Merchant Aziz and Merchant Tarannum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,545
Outstanding Balance
$376,612
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$147,055

Purchase Details

Closed on
Sep 24, 2020
Sold by
Amhazion Yerusalem and Tecle Dawit
Bought by
Real Estate Ambassadors V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 21, 2018
Sold by
Nas 1 Llc
Bought by
Tecie Dawit and Amhazion Yerusalem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.65%

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jun 29, 2018
Sold by
Nas 1 Llc
Bought by
Yerusalem Amhazion and Tecle Dawit
Seller's Agent
Robert Ellis
Key Realty
Buyer's Agent
Cortnie Horvath
Century 21 Excellence Realty
List Price
$260,000
Sold Price
$277,500
Premium/Discount to List
$17,500
6.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
May 17, 2007
Sold by
Sprouse Sean M and Sprouse Nicole A
Bought by
Nas 1 Llc

Purchase Details

Closed on
Mar 30, 2004
Sold by
Frangos Nick M and Frangos Kalliopi N
Bought by
Sprouse Sean M and Sprouse Nicole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 19, 1994
Bought by
Frangos Nick M

Purchase Details

Closed on
Oct 19, 1992

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
Merchant Aziz $535,000 Northwest Title
Merchant Aziz $535,000 Northwest Title
Real Estate Ambassadors V Llc $395,000 Title Connect Agency
Tecie Dawit -- --
Yerusalem Amhazion $277,500 None Available
Nas 1 Llc -- Attorney
Sprouse Sean M $220,000 --
Frangos Nick M $145,000 --
-- $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merchant Aziz $403,545
Closed Merchant Aziz $403,545
Previous Owner Real Estate Ambassadors V Llc $316,000
Previous Owner Tecie Dawit $200,000
Previous Owner Tecie Dawit --
Previous Owner Sprouse Sean M $190,400
Previous Owner Sprouse Sean M $35,700
Previous Owner Sprouse Sean M $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $277,500 +6.7% $69 / Sq Ft
06/11/2018 06/11/18 For Sale $260,000 -- $64 / 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 $1,880 $30,030 $10,500 $19,530
2023 $1,799 $30,030 $10,500 $19,530
2022 $3,309 $34,580 $2,800 $31,780
2021 $1,691 $24,220 $2,800 $21,420
2020 $1,630 $24,220 $2,800 $21,420
2019 $1,808 $24,220 $2,800 $21,420
2018 $1,100 $16,280 $2,800 $13,480
2017 $1,092 $16,280 $2,800 $13,480
2016 $1,022 $14,010 $4,030 $9,980
2015 $1,022 $14,010 $4,030 $9,980
2014 $1,022 $14,010 $4,030 $9,980
2013 $509 $14,000 $4,025 $9,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218020877

Columbus and Central Ohio Regional MLS

APN: 610-220963