$415,000
SOLD JAN 15, 2025
-- Bed
-- Bath
3,084 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

31% Below List Price

199 Days on Market

About This Home

As of January 2025

Welcome to the perfect Southwest campus investment of 172 W. 8th. An always desirable location, this duplex consists of 2 well maintained units: Unit A = 4 Bed & 1 Bath, Unit B= 5 Bed & 2 Bath. Each unit is rented for now and for the '24-'25 school year at $1,650 each. With some small cosmetic updates and improved operations these units could rent for $550 bed. Roof and mechanicals are less than 10 years old.

178 W. 8th is also being offered for sale and both can be purchased together. Both parcels together could be a development opportunity.

Last Agent to Sell the Property

Will Alonso

Stratagem Realty Group LLC License #2019000670 Listed on: 05/25/2024

Last Buyer's Agent

Sankarraman Arunachalam

Brick & Stone Realty License #2008002081

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,249

Year Built

  • Built in 1900

Home Design

  • 3,084 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Common or Shared Parking

Additional Features

  • 3,920 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Basement

Community Details

  • 2 Units
  • Gross Income $39,600

Listing and Financial Details

  • Assessor Parcel Number 010-056512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,249

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 39600.0
  • Co List Office Phone: 614-768-7600
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 39600.0
  • General Property Info Building Sq Ft: 3084.0
  • Miscellaneous Basement2: Yes
  • Heat Fuel Electric4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-056512
  • Lot Size Sq Ft: 3920.4

Multi Family

  • Monthly Rent (Other): 1650.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6249.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2024
Closed on
Jan 15, 2025
Sold by
Oh-Cal Properties Ii Llc
Bought by
Kearney Real Estate Llc
Seller's Agent
Will Alonso
Stratagem Realty Group LLC
Buyer's Agent
Sankarraman Arunachalam
Brick & Stone Realty
List Price
$598,000
Sold Price
$415,000
Premium/Discount to List
-$183,000
-30.6%
Views
43
Current Estimated Value
$431,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,716
Avg. Annual Appreciation
9.17%
Original Mortgage
$332,000
Outstanding Balance
$330,813
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$100,903

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jul 22, 2014
Sold by
Mahaney Michael R and Kimble Michael Lee
Bought by
Oh Cal Properties Ii Llc
Seller's Agent
Joan Elfein
Ohio Broker Direct, LLC
Buyer's Agent
Sean Ash
Peak Property Group Realty
List Price
$335,000
Sold Price
$285,000
Premium/Discount to List
-$50,000
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$228,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2008
Sold by
Boldizar Paul and Aurora Loan Services Llc
Bought by
Mahaney Michael R and Kimble Michael Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,794
Interest Rate
6.19%
Mortgage Type
VA

Purchase Details

Closed on
Dec 12, 2007
Sold by
B & B Investments Of Columbus Llc
Bought by
Negril Investments Llc

Purchase Details

Closed on
Sep 10, 2005
Sold by
Boldizar Paul and Boldizar Colleen
Bought by
B & B Investments Of Columbus Llc

Purchase Details

Closed on
May 13, 2005
Sold by
West Eighth Ltd
Bought by
Boldizar Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.07%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2001
Sold by
Sewickley David M and Weiler Robert J
Bought by
West Eighth Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,950
Interest Rate
7.18%

Purchase Details

Closed on
Jun 10, 1994
Sold by
Citizens Federal Bank
Bought by
Campisano Joseph A and Campisano Luanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 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 Type Sale Price Title Company
Warranty Deed $415,000 Chicago Title
Warranty Deed -- Amerititle
Sheriffs Deed $223,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- New Century
Warranty Deed $230,000 Amerititle
Warranty Deed -- Nations Title Agency
Warranty Deed $137,800 --
Deed $59,000 --
Deed $67,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,000 Credit Line Revolving
Previous Owner $228,000 Purchase Money Mortgage
Previous Owner $233,393 VA
Previous Owner $227,794 VA
Previous Owner $184,000 Fannie Mae Freddie Mac
Previous Owner $46,000 Stand Alone Second
Previous Owner $307,000 Unknown
Previous Owner $123,950 No Value Available
Previous Owner $53,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $415,000 -21.8% $135 / Sq Ft
06/26/2024 06/26/24 Price Changed $531,000 -11.2% $172 / Sq Ft
05/25/2024 05/25/24 For Sale $598,000 +109.8% $194 / Sq Ft
07/23/2014 07/23/14 Sold $285,000 -14.9% $102 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
08/12/2013 08/12/13 For Sale $335,000 -- $120 / 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 $32,660 $105,420
2023 $6,249 $138,080 $32,660 $105,420
2022 $5,232 $98,460 $19,600 $78,860
2021 $5,242 $98,460 $19,600 $78,860
2020 $5,250 $98,460 $19,600 $78,860
2019 $5,047 $78,750 $15,680 $63,070
2018 $5,949 $78,750 $15,680 $63,070
2017 $6,240 $78,750 $15,680 $63,070
2016 $7,534 $110,890 $17,260 $93,630
2015 $6,859 $110,890 $17,260 $93,630
2014 $6,780 $110,890 $17,260 $93,630
2013 $2,005 $66,500 $15,680 $50,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224016965

Columbus and Central Ohio Regional MLS

APN: 010-056512