NOT LISTED FOR SALE

Estimated Value: $343,000 - $476,815

5 Beds
3 Baths
2,688 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $301,100 $112 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,905/month

21 Days on Market

About This Home

As of December 2019

2 BUILDINGS ON ONE LOT! DUPLEX & SINGLE FAMILY RENTAL! This unique opportunity provides HUGE VLAUE ADD potential from cosmetic updates, raising rents, lot split or condo zoning. The duplex is leased month-to-month for $725 (1 Bedroom) and $675 (2 Bedroom). The single family is leased for $1,150 through 7/1/20. MANY UPDATES THROUGHOUT! New HVAC!

Last Listed By

Joseph Huber

Verti Commercial Real Estate L License #2024001026 Listed on: 10/09/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1905

Lot Details

  • 5,227

Parking

  • Off-Street Parking: 1

Home Design

  • 2,688 Sq Ft Home

Additional Features

  • 5,227 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-002923

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Operating Expense $3,876
  • Gross Income $30,600
  • Net Operating Income $26,724

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,876

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1905
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.12
  • Total Gross Income: 30600.0
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Income Expenses Gross Income: 30600.0
  • Annual Expenses: 3876.06
  • General Property Info Building Sq Ft: 2688.0
  • General Property Info # of Buildings: 2.0
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-002923
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 26723.94
  • Annual Operating Expense: 3876.06

Tax Info

  • Tax Annual Amount: 3876.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Rankin Timothy S
Bought by
American Project Ltd
Total Days on Market
21
Current Estimated Value
$428,704

Purchase Details

Listed on
Oct 9, 2019
Closed on
Dec 23, 2019
Sold by
Huber Holdings Llc
Bought by
Rankin Timothy S and Rankin Maria K
Seller's Agent
Joseph Huber
Verti Commercial Real Estate L
Buyer's Agent
Joseph Huber
Verti Commercial Real Estate L
List Price
$324,900
Sold Price
$301,100
Premium/Discount to List
-$23,800
-7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$211,037
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 15, 2019
Sold by
Cavallaro Ilario A
Bought by
Huber Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1984

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
American Project Ltd -- --
Rankin Timothy S $301,100 Pillar Title Agency
Huber Holdings Llc $290,000 Associates Title Inc
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rankin Timothy S $211,037
Previous Owner Huber Holdings Llc $232,000
Previous Owner Cavallaro Ilario A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $301,100 -7.3% $112 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $324,900 -- $121 / 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 $6,339 $138,330 $41,270 $97,060
2023 $6,260 $138,330 $41,270 $97,060
2022 $5,601 $105,390 $17,500 $87,890
2021 $5,611 $105,390 $17,500 $87,890
2020 $5,194 $96,390 $17,500 $78,890
2019 $3,883 $62,440 $13,440 $49,000
2018 $3,561 $62,440 $13,440 $49,000
2017 $3,723 $62,440 $13,440 $49,000
2016 $3,565 $52,470 $7,000 $45,470
2015 $3,245 $52,470 $7,000 $45,470
2014 $3,253 $52,470 $7,000 $45,470
2013 $1,528 $49,945 $6,650 $43,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219038365

Columbus and Central Ohio Regional MLS

APN: 010-002923