NOT LISTED FOR SALE

1665 Summit St Unit 667 Columbus, OH 43201

Estimated Value: $409,231 - $511,000

6 Beds
5 Baths
2,252 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $545,000 $242 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,093/month

81 Days on Market

About This Home

As of October 2016

This 7bd/3ba & 8bd/4ba double is located on central campus on E 12th and Summit. There is hardwood throughout, central A/C, dishwashers, washer/dryer, off street parking and plenty of living space.

Between the 2 sides there are 3 total bedrooms on the 3rd floor that each have their own kitchen and private baths. They can be accessed via the fire escape. The new buyer can keep the layout the same or ''could'' create 3 studio apartments separate from the main house. The exterior stairwell for this is already in place, only a partitioning wall is needed (and some creativity) as well as approvals.

8bd is rented at $435 a bed ($3480). 7bd is currently vacant. OWNER WILL PROVIDE A RENT CREDIT OF $36,540 AT CLOSING for the right negotiated price. Come make a deal!

Last Agent to Sell the Property

Sean Ash

Peak Property Group Realty Listed on: 05/16/2016

Last Buyer's Agent

Sean Ash

Peak Property Group Realty Listed on: 05/16/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,144

Year Built

  • Built in 1910

Lot Details

  • 6,970

Home Design

  • 2,252 Sq Ft Home
  • Duplex

Additional Features

  • Washer and Dryer Hookup
  • 6,970 Sq Ft Lot
  • Central Air
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-025872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,144

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.16
  • Co List Office Phone: 614-339-4608
  • MLS Status: Closed
  • General Property Info Building Sq Ft: 2252.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-025872
  • Lot Size Sq Ft: 6969.6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5144.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2016
Closed on
Oct 3, 2016
Sold by
Davos Real Esate Investmnt Llc
Bought by
1665 1667 Summit Llc
Seller's Agent
Sean Ash
Peak Property Group Realty
Buyer's Agent
Sean Ash
Peak Property Group Realty
List Price
$679,000
Sold Price
$545,000
Premium/Discount to List
-$134,000
-19.73%
Current Estimated Value
$464,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,442
Avg. Annual Appreciation
-0.47%
Original Mortgage
$436,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2013
Sold by
Proodian John D
Bought by
Davis Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,450
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2007
Sold by
Schroeder Jonathan E and Schroeder Melinda L
Bought by
Proodian John D and Proodian Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,020
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2002
Sold by
Mayers Properties Ltd
Bought by
Schroeder Jonathan E and Schroeder Melinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 1997
Sold by
Mayers Mark C and Mayers Jayne A
Bought by
Mayers Proerties Ltd

Purchase Details

Closed on
Feb 27, 1996
Sold by
Lichtman Neil P
Bought by
Mayers Mark C and Mayers Jayne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 1993
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
1665 1667 Summit Llc -- Northwest Title
Davis Real Estate Investments Llc -- None Available
Proodian John D -- None Available
Proodian John D $312,300 Attorney
Schroeder Jonathan E $285,000 The Title Company Ltd
Mayers Proerties Ltd -- --
Mayers Mark C $113,332 --
-- $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1665 1667 Summit Llc $2,397,955
Closed 1665 1667 Summit Llc $600,000
Closed 1665 1667 Summit Llc $436,000
Previous Owner Davis Real Estate Investments Llc $423,450
Previous Owner Proodian John D $276,200
Previous Owner Proodian John D $281,020
Previous Owner Schroeder Jonathan E $262,000
Previous Owner Mayers Properties Ltd $256,500
Previous Owner Mayers Properties Ltd $500,000
Previous Owner Mayers Mark C $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2016 10/04/16 Sold $545,000 -19.7% $242 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $679,000 -- $302 / 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 $6,328 $138,080 $45,290 $92,790
2023 $6,249 $138,080 $45,290 $92,790
2022 $5,232 $98,460 $35,770 $62,690
2021 $5,242 $98,460 $35,770 $62,690
2020 $5,250 $98,460 $35,770 $62,690
2019 $4,897 $78,760 $28,600 $50,160
2018 $2,395 $78,760 $28,600 $50,160
2017 $5,298 $78,760 $28,600 $50,160
2016 $5,650 $83,170 $15,090 $68,080
2015 $2,572 $83,170 $15,090 $68,080
2014 $5,157 $83,170 $15,090 $68,080
2013 $2,312 $75,600 $13,720 $61,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216016777

Columbus and Central Ohio Regional MLS

APN: 010-025872