NOT LISTED FOR SALE

1641 Sullivant Ave Columbus, OH 43223

South Hilltop Neighborhood

Estimated Value: $420,512

Studio
-- Bath
3,762 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $300,000 $80 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,587/month

31 Days on Market

About This Home

As of September 2021

Fantastic opportunity to own a fully occupied, cash-flowing, 5-unit apartment building. These one bed/1 bath units have all been well maintained and updated. Financials attached under Documents tab. 24 hr. Notice to Show due to Tenant's Rights.

Last Agent to Sell the Property

Michael Ross

Realistar License #2016003698 Listed on: 06/26/2021

Last Buyer's Agent

Nathan Yolles

Keller Williams Greater Cols License #2019002346

Keller Williams Greater Cols

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 3,762 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-014111

Community Details

Overview

  • 5 Units
  • Mid-Rise Condominium

Building Details

  • Operating Expense $6,000
  • Gross Income $37,500
  • Net Operating Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,900

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.11
  • Total Gross Income: 37500.0
  • Co List Office Phone: 614-908-1600
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 86.39
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 37500.0
  • Annual Expenses: 6000.0
  • General Property Info Building Sq Ft: 3762.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-014111
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 31500.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 2900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Sep 24, 2021
Sold by
S & S Investments Of Central Ohio Llc
Bought by
Oakbourne Properties Llc
Seller's Agent
Michael Ross
Realistar
Buyer's Agent
Nathan Yolles
Keller Williams Greater Cols
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$420,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,512
Avg. Annual Appreciation
8.01%
Original Mortgage
$255,000
Outstanding Balance
$155,264
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$265,248

Purchase Details

Listed on
Jan 8, 2019
Closed on
Mar 1, 2019
Sold by
Kuykendall Richard M
Bought by
S & S Investments Of Central Ohio Llc
Seller's Agent
Dylan Knecht
Revolution Realty LLC
Buyer's Agent
Michael Ross
Realistar
List Price
$155,000
Sold Price
$146,800
Premium/Discount to List
-$8,200
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.78%

Purchase Details

Closed on
Jul 28, 1999
Sold by
Laudick Richard L and Vlack Frank
Bought by
Kuydendall Richard M

Purchase Details

Closed on
Apr 14, 1989
Bought by
Laudick Richard L

Purchase Details

Closed on
Dec 16, 1988

Purchase Details

Closed on
Jan 1, 1987
Source: Public Records
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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
Oakbourne Properties Llc $300,000 Superior T&E Llc
S & S Investments Of Central Ohio Llc $146,800 Bridge Title Box
Kuydendall Richard M $33,000 --
Laudick Richard L $29,000 --
-- $30,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakbourne Properties Llc $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $300,000 -7.7% $80 / Sq Ft
06/26/2021 06/26/21 For Sale $325,000 +121.4% $86 / Sq Ft
03/01/2019 03/01/19 Sold $146,800 -5.3% $145 / Sq Ft View Prior Sale
02/10/2019 02/10/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $155,000 -- $153 / 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
2025 $12,909 $115,890 $7,740 $108,150
2024 $12,909 $115,890 $7,740 $108,150
2023 $8,616 $115,885 $7,735 $108,150
2022 $10,972 $105,010 $6,340 $98,670
2021 $2,942 $36,760 $6,340 $30,420
2020 $2,900 $36,760 $6,340 $30,420
2019 $2,883 $35,000 $6,020 $28,980
2018 $2,780 $35,000 $6,020 $28,980
2017 $2,886 $35,000 $6,020 $28,980
2016 $2,894 $33,250 $6,020 $27,230
2015 $2,686 $33,250 $6,020 $27,230
2014 $2,685 $33,250 $6,020 $27,230
2013 $1,331 $33,250 $6,020 $27,230
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Ross

    Realistar

    Section Image
  • Nathan Yolles

    Buyer's Agent in 2021

    Nathan Yolles

    Keller Williams Greater Cols

    (614) 537-2550

    1 in this area

    16 Total Sales

    Nathan Yolles
    Section Image

  • D

    Seller's Agent in 2019

    Dylan Knecht

    Revolution Realty LLC

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221023268

Columbus and Central Ohio Regional MLS

APN: 010-014111

Ohio Franklin County Columbus 43223 South Hilltop

1641 Sullivant Ave, Columbus, OH

Not Listed for Sale

MultiFamily

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