NOT LISTED FOR SALE

157 W Pacemont Rd Unit 159 Columbus, OH 43202

Clintonville Neighborhood

Estimated Value: $384,000 - $474,000

3 Beds
2 Baths
1,872 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $272,000 $145 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,773/month

6 Days on Market

About This Home

As of August 2018

Great investment opportunity in Clintonville area. Two unit rental property. Many upgrades have been done recently, including new roof/gutters/fascia, all new windows, new Lennox central air, new furnace in upstairs unit, new hot water tanks in both units, updates to bathrooms in both units. There are 3 off street parking spots. Separate gas and electric meters. Bottom unit is fresh/clean and available to rent. Previously rented for $900/mo. Top unit is currently occupied on a month to month basis. Tenant is interested in staying.

Last Listed By

Jeffrey Monebrake

Key Realty Listed on: 07/20/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,872 Sq Ft Home
  • Fireplace
  • Basement

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-053610

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,500
  • Gross Income $16,800
  • Net Operating Income $9,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,289

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
  • Total Gross Income: 16800.0
  • Co List Office Mls Id: 10141
  • Co List Office Phone: 614-300-0771
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Income Expenses Gross Income: 16800.0
  • Annual Expenses: 7500.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1872.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-053610
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9300.0
  • Annual Operating Expense: 7500.0

Tax Info

  • Tax Annual Amount: 4289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 17, 2018
Sold by
Rector Donald S and Rector Nancy E
Bought by
Liberty Mtg Co
Seller's Agent
Jeffrey Monebrake
Key Realty
Buyer's Agent
Nicholas Chucales
Redfin Corporation
List Price
$274,900
Sold Price
$272,000
Premium/Discount to List
-$2,900
-1.05%
Total Days on Market
6
Current Estimated Value
$420,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,567
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Apr 30, 1999
Sold by
Rector Donald S
Bought by
Rector Donald S and Knez Nancy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,200
Interest Rate
7.04%

Purchase Details

Closed on
Sep 4, 1996
Sold by
Pullins Alan B
Bought by
Rector Donald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1993

Purchase Details

Closed on
Jul 13, 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
Liberty Mtg Co $272,000 Amerititle Box
Rector Donald S $37,500 --
Rector Donald S $96,000 --
-- $84,500 --
-- $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrel Andre L $130,750
Closed Carrel Andre L $132,200
Previous Owner Rector Donald $91,000
Previous Owner Rector Donald S $90,200
Previous Owner Rector Donald S $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $272,000 -1.1% $145 / Sq Ft
07/20/2018 07/20/18 For Sale $274,900 -- $147 / 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 $5,159 $113,750 $85,050 $28,700
2023 $5,094 $113,750 $85,050 $28,700
2022 $4,311 $82,110 $24,640 $57,470
2021 $4,319 $82,110 $24,640 $57,470
2020 $4,325 $82,110 $24,640 $57,470
2019 $5,249 $82,110 $24,640 $57,470
2018 $3,955 $68,990 $21,000 $47,990
2017 $4,137 $68,990 $21,000 $47,990
2016 $3,985 $58,660 $18,900 $39,760
2015 $3,628 $58,660 $18,900 $39,760
2014 $3,637 $58,660 $18,900 $39,760
2013 $2,012 $65,800 $17,990 $47,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218027055

Columbus and Central Ohio Regional MLS

APN: 010-053610