C
Seller's Agent in 2019
Cole Griesinger
Howard Hanna Real Estate Svcs
1706 Summit St Columbus, OH 43201
Indianola Terrace Neighborhood
--
Bed
--
Bath
5,940
Sq Ft
6,534
Sq Ft Lot
About This Home
As of November 2019Must See! Completely renovated student housing investment opportunity in the heart of the Ohio State University District . The brick double consists of two 6 bedroom/2 bath townhouse units that rent for $3,720 per side. COMPLETE high-end interior renovation in 2016, including kitchens with granite and stainless steel appliances, new hardwood throughout, bathrooms with granite, tile flooring and tile shower surrounds; new windows, doors, paint and flooring, new mechanicals, plumbing and electric service throughout. Full front and rear porches on both levels with new railings; central air; basements with provided washer/dryer and new glass block windows; 7 off-street parking spaces; exterior brick tuck-pointing and new concrete front steps. Both sides are rented for the 2017/18.
Last Agent to Sell the Property
Brown Multifamily Advisors,LLC License #2016006143 Listed on: 06/15/2017
Last Buyer's Agent
Gregory Hrabcak
Howard Hanna Real Estate Svcs
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,047
Year Built
- Built in 1908
Home Design
- 5,940 Sq Ft Home
- Brick Exterior Construction
- Frame Construction
Parking
- 7 Parking Spaces
- Off-Street Parking: 1
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Washer and Dryer Hookup
- 6,534 Sq Ft Lot
- Basement
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 010-038233
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $17,403
- Gross Income $89,280
- Net Operating Income $71,877
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2019
Closed on
Nov 11, 2019
Sold by
1706 Summit Street Llc
Bought by
Bfg Capital Llc
Seller's Agent
Cole Griesinger
Howard Hanna Real Estate Svcs
Buyer's Agent
Jeff Ruff
Cutler Real Estate
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,709
Avg. Annual Appreciation
8.00%
Original Mortgage
$664,000
Outstanding Balance
$334,030
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$958,058
Purchase Details
Closed on
Oct 2, 2016
Sold by
Osu Rentals Llc
Bought by
1706 Summit Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 22, 2015
Sold by
Dulle Bryan R and Jerwers Dulle Jennifer A
Bought by
Osu Rentals Llc
Purchase Details
Closed on
Nov 22, 2002
Sold by
Dulle Bryan R
Bought by
Dulle Bryan R and Jerwers Dulle Jennifer A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,550
Interest Rate
6.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 30, 1998
Sold by
Zollars Jay R and Rivelle Frank M
Bought by
Dulle Bryan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
9.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 12, 1997
Sold by
Gibson Eric J
Bought by
Zollars Jay R and Rivelle Frank M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
8.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 21, 1995
Sold by
Peyton William O
Bought by
Eric J Gibson
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
8.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 1, 1984
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $830,000 | Northwest Select Ttl Agcy Ll | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | Land And Mortgage Title Box | |
| Interfamily Deed Transfer | -- | Title First Agency Inc | |
| Warranty Deed | $144,000 | Transohio Title | |
| Warranty Deed | $114,000 | Transohio Title | |
| Deed | $108,000 | -- | |
| Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $664,000 | Commercial | |
| Previous Owner | $664,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $152,550 | Commercial | |
| Previous Owner | $115,200 | Commercial | |
| Previous Owner | $96,900 | Commercial | |
| Previous Owner | $40,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2019 11/12/19 | Sold | $830,000 | -5.1% | $210 / Sq Ft |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- |
| 09/17/2019 09/17/19 | For Sale | $875,000 | +5.7% | $221 / Sq Ft |
| 10/10/2017 10/10/17 | Sold | $828,000 | -10.5% | $139 / Sq Ft |
| 09/10/2017 09/10/17 | Pending | -- | -- | -- |
| 06/14/2017 06/14/17 | For Sale | $925,000 | -- | $156 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 | $14,043 | $306,430 | $33,500 | $272,930 |
| 2023 | $13,868 | $306,425 | $33,495 | $272,930 |
| 2022 | $15,438 | $290,500 | $17,990 | $272,510 |
| 2021 | $13,500 | $253,580 | $17,990 | $235,590 |
| 2020 | $13,975 | $253,580 | $17,990 | $235,590 |
| 2019 | $13,712 | $220,510 | $15,650 | $204,860 |
| 2018 | $8,334 | $220,510 | $15,650 | $204,860 |
| 2017 | $8,378 | $220,510 | $15,650 | $204,860 |
| 2016 | $3,047 | $35,010 | $15,650 | $19,360 |
| 2015 | $2,829 | $35,010 | $15,650 | $19,360 |
| 2014 | $6,050 | $74,910 | $15,650 | $59,260 |
| 2013 | $2,998 | $74,900 | $15,645 | $59,255 |
Source: Public Records
Agents Affiliated with this Home
-
-
G
Seller Co-Listing Agent in 2019
Gregory Hrabcak
Howard Hanna Real Estate Svcs
-
Buyer's Agent in 2019
Jeff Ruff
Cutler Real Estate
(614) 325-0022
865 Total Sales
-
Buyer Co-Listing Agent in 2019
Susie Pattison
Cutler Real Estate
(614) 288-4287
120 Total Sales
-
Seller's Agent in 2017
Matthew Brown
Brown Multifamily Advisors,LLC
(614) 519-8689
7 in this area
19 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 217020807
APN: 010-038233
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