NOT LISTED FOR SALE

181 Park Ave Delaware, OH 43015

Estimated Value: $317,000 - $415,000

6 Beds
6 Baths
2,993 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2024

Last sale price $415,000 $139 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,480 / mo

2 Days on Market

About This Home

As of May 2024

This single story three-unit apartment complex contains nearly 3000 sq. ft. and is situated across from OWU with close proximity and walking distance to downtown Delaware. All units currently rented as non-smoking/no pets. Apt #1 has 2 BR's/1 BA, rent $1100/mo. (metro housing does supplement). Apt. 2 has 2 BR/1.5 BA, rent is $1000/mo. Apt. 3 has 2 BR's/1.5 BA, rent is $1100/mo. Owner supplies each unit with kitchen appliances and washer/dryer. Tenants pay all utilities (all electric, no gas). Many updates include newer light fixtures, flooring, windows, counters/cabinets, water heaters, plumbing, newer roof (approx. 7 years old), new concrete walkways/porches, and new concrete pad with 6 parking spaces (2 spaces/unit). Leases are attached to listing.

Last Agent to Sell the Property

Heather Kamann

Howard Hanna Real Estate Services License #449730 Listed on: 04/22/2024

Howard Hanna Real Estate Services

Last Buyer's Agent

Jennifer Gary

BHHS American Realty Center License #2020008750

BHHS American Realty Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 1979

Lot Details

  • 8,276

Home Design

  • 2,993 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Parking

  • 6 Parking Spaces
  • Shared Driveway
  • Off-Street Parking: 1
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil

Additional Features

  • Washer and Dryer Hookup
  • 8,276 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 519-433-11-008-000

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $14,200
  • Gross Income $38,400
  • Net Operating Income $24,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,490

Year Built

Built in 1979

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1979
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.19
  • Total Gross Income: 38400.0
  • Co List Office Phone: 740-363-7355
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 133.48
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 38400.0
  • Annual Expenses: 14200.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2993.0
  • Miscellaneous Survey: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features Shared Driveway2: Yes
  • Parking Features Assigned2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Oil
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer

Schools

  • Junior High Dist: DELAWARE CSD 2103 DEL CO.

Lot Info

  • Parcel Number: 519-433-11-008-000
  • Lot Size Sq Ft: 8276.4
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 24200.0
  • Annual Operating Expense: 14200.0

Tax Info

  • Tax Annual Amount: 4490.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 31, 2024
Sold by
Bought by
Seller's Agent
Heather Kamann
Howard Hanna Real Estate Services
Buyer's Agent
Jennifer Gary
BHHS American Realty Center
List Price
$399,500
Sold Price
$415,000
Premium/Discount to List
$15,500
3.88%
Views
21
Current Estimated Value
$387,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,955
Avg. Annual Appreciation
-3.30%
Original Mortgage
$272,000
Outstanding Balance
$267,676
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$119,369

Purchase Details

Closed on
Dec 4, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$415,000 First Ohio Title
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $272,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/23/2024 05/23/24 Sold $415,000 +3.9% $139 / Sq Ft
04/22/2024 04/22/24 For Sale $399,500 -- $133 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,678 $91,950 $9,940 $82,010
2024 $4,449 $91,950 $9,940 $82,010
2023 $4,457 $91,950 $9,940 $82,010
2022 $4,490 $80,440 $8,300 $72,140
2021 $4,588 $80,440 $8,300 $72,140
2020 $4,646 $80,440 $8,300 $72,140
2019 $4,079 $64,020 $7,210 $56,810
2018 $4,135 $64,020 $7,210 $56,810
2017 $3,786 $58,420 $6,230 $52,190
2016 $3,456 $58,420 $6,230 $52,190
2015 $3,475 $58,420 $6,230 $52,190
2014 $3,531 $58,420 $6,230 $52,190
2013 $3,752 $61,740 $6,230 $55,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224012257

Columbus and Central Ohio Regional MLS

APN: 519-433-11-008-000

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