NOT LISTED FOR SALE

Estimated Value: $367,775 - $443,000

4 Beds
2 Baths
2,101 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 10, 2017

Last sale price $344,200 $164 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,591/month

85 Days on Market

About This Home

As of October 2017

OSU off-campus student housing investment property. The large single family home contains 6 bedrooms and 2 bathrooms. The property is recently renovated with an updated kitchen, hardwood floors, central A/C, and recessed lighting. Tenants enjoy on-site laundry and off-street parking. The property is 100% pre-leased for 2017-18 academic year at $3,150 per month. Tenants pay all utilities.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 06/15/2017

Last Buyer's Agent

Jill Lightfoot

e-Merge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,059

Year Built

  • Built in 1910

Lot Details

  • 4,356

Parking

  • Detached Garage

Home Design

  • 2,101 Sq Ft Home
  • Frame Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Basement

Community Details

  • Operating Expense $10,585
  • Gross Income $38,036
  • Net Operating Income $27,451

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-004973

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,059

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2016
  • Lot Size Acres: 0.1
  • Total Gross Income: 38036.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Income Expenses Gross Income: 38036.0
  • Annual Expenses: 10585.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2101.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features Detached Garage2: Yes
  • Parking Features 1 Car Garage2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-004973
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Monthly Rent (Other): 3150.0
  • Number Of Units Total: 1
  • Net Operating Income: 27451.0
  • Annual Operating Expense: 10585.0

Tax Info

  • Tax Annual Amount: 4059.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2025
Sold by
Potts Richard D and Potts Angela M
Bought by
Osu Properties By A & R Llc
Current Estimated Value
$392,194

Purchase Details

Closed on
Mar 4, 2019
Sold by
A & R Llc
Bought by
Potts Richard D and Potts Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jun 15, 2017
Closed on
Dec 9, 2017
Sold by
Potts Richard D and Potts Angela M
Bought by
Osu Properties By A & R Llc
Seller's Agent
Matthew Brown
Brown Multifamily Advisors,LLC
Buyer's Agent
Jill Lightfoot
e-Merge Real Estate
List Price
$343,000
Sold Price
$344,200
Premium/Discount to List
$1,200
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 5, 2017
Sold by
University Manors Ltd
Bought by
Potts Richard D and Potts Angela
Seller's Agent
Matthew Brown
Brown Multifamily Advisors,LLC
Buyer's Agent
Jill Lightfoot
e-Merge Real Estate
List Price
$343,000
Sold Price
$344,200
Premium/Discount to List
$1,200
0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,150
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2011
Sold by
Anderson Malinda R and Flowers Walter D
Bought by
University Manors Ltd

Purchase Details

Closed on
Nov 24, 1998
Sold by
Flowers Ruth K
Bought by
Flowers Ruth K
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
Osu Properties By A & R Llc -- Ceba Title
Potts Richard D -- None Available
Osu Properties By A & R Llc -- None Available
Potts Richard D $344,200 Bridge Title & Escriw Servic
University Manors Ltd $180,000 Hummel Til
Flowers Ruth K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potts Angela M $300,000
Previous Owner Potis Richard D $25,000
Previous Owner Potts Richard D $258,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2017 10/10/17 Sold $344,200 +0.3% $164 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $343,000 -- $163 / 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 $5,492 $119,840 $31,430 $88,410
2023 $5,423 $119,840 $31,430 $88,410
2022 $6,975 $131,250 $19,180 $112,070
2021 $6,987 $131,250 $19,180 $112,070
2020 $6,998 $131,250 $19,180 $112,070
2019 $6,856 $110,250 $15,330 $94,920
2018 $5,270 $110,250 $15,330 $94,920
2017 $3,988 $63,000 $15,330 $47,670
2016 $4,059 $59,750 $8,510 $51,240
2015 $3,696 $59,750 $8,510 $51,240
2014 $3,705 $59,750 $8,510 $51,240
2013 $1,661 $54,320 $7,735 $46,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217020805

Columbus and Central Ohio Regional MLS

APN: 010-004973