NOT LISTED FOR SALE

Estimated Value: $177,068 - $230,000

4 Beds
2 Baths
1,584 Sq Ft
$128/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $112,000 $71 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,348/month

3 Days on Market

Highlights

  • Fireplace
  • Central Air
  • 5-minute walk to South Side Settlement Heritage Park

About This Home

As of May 2017

Great Investor Opportunity and occupant ready duplex south of Merion Village. New paint throughout both units, top and bottom units. 2BR Bottom unit, newer updated LR/BR floors and newer paint, Large shared backyard, off street parking. 2BR Top unit with balcony, bathroom currently repairing tub & vanity. New siding 2016, Owner in process of putting a new roof on starting March 25th*(*will be completed before closing) Great starter Investor property, easy to fill $550-$575* per unit monthly, *Owner had long term tenants previously in both units, rent collected was lower for areas mkt average ($600's). Potential for more cash flow. Easy to show,**** ADDTL LOT FOR SALE TO RIGHT OF PROPERTY Parcel #010-057792-00

Last Listed By

Lauren Swieterman

Coldwell Banker Realty License #2010000193 Listed on: 03/17/2017

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,080

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Additional Parcels

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 010-048962

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $815
  • Operating Expense $2,200
  • Gross Income $13,200
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,080

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 13200.0
  • Co List Office Phone: 614-228-0808
  • MLS Status: Closed
  • Income Expenses Gross Income: 13200.0
  • Annual Expenses: 2200.0
  • General Property Info Building Sq Ft: 1584.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Other

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Aluminum: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-048962
  • Lot Size Sq Ft: 3920.4
  • Additional Parcels Description: 010-057792-00
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 815.0
  • Net Operating Income: 11000.0
  • Annual Operating Expense: 2200.0

Tax Info

  • Tax Annual Amount: 1080.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
May 2, 2017
Sold by
Schriml Mark D and Schriml Cheryl A
Bought by
Froelich Corey
Seller's Agent
Lauren Swieterman
Coldwell Banker Realty
Buyer's Agent
Richard Russo
Art Russo, REALTORS
List Price
$99,400
Sold Price
$112,000
Premium/Discount to List
$12,600
12.68%
Total Days on Market
3
Current Estimated Value
$202,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,517
Avg. Annual Appreciation
7.64%
Original Mortgage
$84,000
Outstanding Balance
$46,049
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$156,468

Purchase Details

Closed on
Oct 22, 2005
Sold by
Hummerich Glenn A and Hummerich Dianne K
Bought by
Schriml Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,300
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 18, 1971
Bought by
Hummerich Glenn A

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
Froelich Corey $112,000 None Available
Schriml Mark D $47,900 Talon Group
Hummerich Glenn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froelich Corey $84,000
Previous Owner Schriml Mark D $38,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $112,000 +12.7% $71 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $99,400 -- $63 / 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 $2,636 $57,510 $15,370 $42,140
2023 $2,753 $57,505 $15,365 $42,140
2022 $2,079 $36,300 $3,960 $32,340
2021 $2,083 $36,300 $3,960 $32,340
2020 $2,085 $36,300 $3,960 $32,340
2019 $2,200 $32,970 $3,570 $29,400
2018 $2,025 $32,970 $3,570 $29,400
2017 $1,179 $18,970 $3,570 $15,400
2016 $1,080 $15,900 $3,400 $12,500
2015 $983 $15,900 $3,400 $12,500
2014 $986 $15,900 $3,400 $12,500
2013 $562 $16,730 $3,570 $13,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217007902

Columbus and Central Ohio Regional MLS

APN: 010-048962