NOT LISTED FOR SALE

1603 -1609 Worthington Row Dr Columbus, OH 43235

Brookside Village Neighborhood

Estimated Value: $206,000 - $660,000

2 Beds
1 Bath
-- Sq Ft
0.36 Acres

Last Sold September 04, 2024

Last sale price $660,000

Est. 26% decrease in value since last sale

Current estimated payment $2,738/month

About This Home

As of September 2024

Great investment in Worthington Schools with Columbus Taxes! Beautiful 4-unit condominium building. Units have been very well maintained inside and out. All hvac, a/c, water heaters have all been updated as needed. Updated windows. 100% occupied, long term tenants, under market rents. All units are 2 bed 1 bath. Perfect property to buy and hold. The price appreciation over the past several years should be all the evidence needed to show this a great investment property.

Last Agent to Sell the Property

Amy Clark

Cutler Real Estate License #2002016158 Listed on: 05/25/2024

Cutler Real Estate

Co-Listed By

John Toothman

Cutler Real Estate License #2014002411

Last Buyer's Agent

Michaela Grandey

Rolls Realty License #2022002480

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1981

Lot Details

  • Additional Parcels

Parking

  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 61019039500

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $12,300
  • Gross Income $48,250
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,880

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1981
  • Property Sub-Type: Townhouse
  • Total Gross Income: 48250.0
  • Co List Office Mls Id: 11104
  • Co List Office Phone: 614-887-7653
  • Co List Office Phone: 614-887-7653
  • MLS Status: Closed
  • Income Expenses Gross Income: 48250.0
  • Annual Expenses: 12300.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features Assigned2: Yes

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 61019039500
  • Additional Parcels Description: 61019039600, 61019039700, 61019039800
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 36000.0
  • Annual Operating Expense: 12300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Sep 4, 2024
Sold by
Wr03 Llc
Bought by
Wrq4 Llc
Seller's Agent
Amy Clark
Cutler Real Estate
Buyer's Agent
Michaela Grandey
Rolls Realty
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%
Views
3
Current Estimated Value
$488,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,333
Avg. Annual Appreciation
-24.26%
Original Mortgage
$491,250
Outstanding Balance
$485,741
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$7,259

Purchase Details

Listed on
May 25, 2024
Closed on
Aug 22, 2024
Sold by
Larimore-Smith Katheryne and Smith Stephen
Bought by
Wr03 Llc
Seller's Agent
Amy Clark
Cutler Real Estate
Buyer's Agent
Michaela Grandey
Rolls Realty
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Outstanding Balance
$485,741
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$7,259

Purchase Details

Listed on
May 25, 2024
Closed on
Jul 30, 2024
Sold by
Wr03 Llc
Bought by
Larimore-Smith Katheryne
Seller's Agent
Amy Clark
Cutler Real Estate
Buyer's Agent
Michaela Grandey
Rolls Realty
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,250
Outstanding Balance
$485,741
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$7,259

Purchase Details

Closed on
Jun 24, 2014
Sold by
Moore Jack B
Bought by
Wr03 Llc

Purchase Details

Closed on
Aug 31, 2005
Sold by
Morris James O and Morris Theresa J
Bought by
Moore Jack B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 2003
Sold by
Amorose David and Amorose Margery
Bought by
Morris James O and Morris Theresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 11, 1999
Sold by
Amorose David P
Bought by
Amorose David and Amorose Margery
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
Wrq4 Llc -- Ohio Real Title
Wr03 Llc -- Ohio Real Title
Larimore-Smith Katheryne -- None Listed On Document
Wr03 Llc $186,500 Talon Title
Moore Jack B $230,000 Title Quest
Morris James O $200,000 --
Amorose David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrq4 Llc $491,250
Previous Owner Moore Jack B $184,000
Previous Owner Morris James $40,000
Previous Owner Morris James O $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $660,000 +5.6% --
05/25/2024 05/25/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $625,000 -- --
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 $1,415 $18,730 $3,220 $15,510
2021 $1,307 $18,730 $3,220 $15,510
2020 $1,261 $18,730 $3,220 $15,510
2019 $1,215 $16,280 $2,800 $13,480
2018 $1,177 $16,280 $2,800 $13,480
2017 $1,134 $16,280 $2,800 $13,480
2016 $1,175 $16,110 $4,030 $12,080
2015 $1,176 $16,110 $4,030 $12,080
2014 $1,175 $16,110 $4,030 $12,080
2013 $585 $16,100 $4,025 $12,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224016986

Columbus and Central Ohio Regional MLS

APN: 610-190395