NOT LISTED FOR SALE

Estimated Value: $457,642 - $612,000

6 Beds
2 Baths
3,946 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $440,000 $112 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,831/month

4 Days on Market

About This Home

As of March 2022

HUGE DUPLEX! Each unit has 4 large bedrooms and a 3rd floor living area. Heavy lifting has been done with all new plumbing, electric, HVAC and more but it still has opportunity for value add. Tons of original character left in this brick beauty. Hard to find a duplex with so much potential. Perfect for Air BnB or house hacking.

Last Agent to Sell the Property

Michael Pakizer

Lotus Advisors License #2014000358 Listed on: 01/20/2022

Last Buyer's Agent

Michael Pakizer

Lotus Advisors License #2014000358 Listed on: 01/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,547

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 3,946 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-042761

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,305
  • Gross Income $31,200
  • Net Operating Income $26,895

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,547

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 31200.0
  • Co List Office Phone: 614-300-7395
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 31200.0
  • Annual Expenses: 4305.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3946.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-042761
  • Lot Size Sq Ft: 7405.2

Multi Family

  • Monthly Rent (Other): 1300.0
  • Number Of Units Total: 2
  • Net Operating Income: 26895.0
  • Annual Operating Expense: 4305.0

Tax Info

  • Tax Annual Amount: 2547.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 28, 2022
Sold by
Summit Brothers Llc
Bought by
Fw 1619 E Main Llc
Seller's Agent
Michael Pakizer
Lotus Advisors
Buyer's Agent
Michael Pakizer
Lotus Advisors
List Price
$400,000
Sold Price
$440,000
Premium/Discount to List
$40,000
10%
Total Days on Market
4
Current Estimated Value
$552,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,411
Avg. Annual Appreciation
7.15%
Original Mortgage
$440,000
Outstanding Balance
$327,690
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$221,956

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 21, 2022
Sold by
Summit Brothers Llc
Bought by
Fw 1619 E Main Llc
Seller's Agent
Michael Pakizer
Lotus Advisors
Buyer's Agent
Michael Pakizer
Lotus Advisors
List Price
$400,000
Sold Price
$440,000
Premium/Discount to List
$40,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$327,690
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$221,956

Purchase Details

Closed on
Dec 15, 2005
Sold by
Mogul Investment Group Llc
Bought by
Adams Cynthia J and Adams Ward Amy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 5, 2004
Sold by
Mclymont Hugh and Bliss Mclymont Olivia
Bought by
Mogul Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2000
Sold by
Martin Lloyd and Martin Patricia
Bought by
Mclymont Hugh and Bliss Mclymont Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
10.79%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Gray Major R E
Bought by
Martin Lloyd
Source: Public Records

Range of Values:

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Average Value
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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
Fw 1619 E Main Llc $440,000 World Class Title
Fw 1619 E Main Llc $440,000 World Class Title
Adams Cynthia J $100,000 Chicago Tit
Mogul Investment Group Llc $100,000 --
Mclymont Hugh $80,000 --
Martin Lloyd $15,000 Gahanna Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fw 1619 E Main Llc $440,000
Closed Fw 1619 E Main Llc $440,000
Previous Owner Summit Brothers Llc $251,250
Previous Owner Adams Cynthia J $102,500
Previous Owner Adams Cynthia J $102,500
Previous Owner Mogul Investment Group Llc $80,000
Previous Owner Mclymont Hugh $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $440,000 +10.0% $112 / Sq Ft
01/20/2022 01/20/22 For Sale $400,000 -- $101 / 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 $10,801 $157,780 $12,880 $144,900
2023 $7,140 $157,780 $12,880 $144,900
2022 $3,720 $70,000 $8,890 $61,110
2021 $3,727 $70,000 $8,890 $61,110
2020 $2,547 $47,780 $8,890 $38,890
2019 $2,628 $41,550 $7,740 $33,810
2018 $2,662 $41,550 $7,740 $33,810
2017 $3,205 $41,550 $7,740 $33,810
2016 $2,973 $43,760 $7,740 $36,020
2015 $2,707 $43,760 $7,740 $36,020
2014 $2,713 $43,760 $7,740 $36,020
2013 $1,338 $43,750 $7,735 $36,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222001776

Columbus and Central Ohio Regional MLS

APN: 010-042761