NOT LISTED FOR SALE
5 Beds
-- Bath
5,346 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $650,000 $122 Per Sq Ft

6 Days on Market

About This Home

As of December 2021

Five unit investment property in the University District. Core campus location, a short walk to High Street and the Ohio State University. Building features spacious two 2 bedroom/ 1 bath townhomes, one 3 bedroom/ 1 bath flat, one 2 bedroom and one 1 bedroom/ 1 bath flat. Building has on-site coin operated laundry and parking for nine vehicles. Tenants pay electric, owner pays water, no gas on site. Four units currently occupied for '21-'22 lease term, one unit currently vacant, and one unit signed at a reduced rate for single occupant.

Last Agent to Sell the Property

Justin Garland

Buckeye Real Estate License #2019007733 Listed on: 10/04/2021

Last Buyer's Agent

Bryan Dulle

1st Place Realty License #2002002406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,912

Year Built

  • Built in 1973

Lot Details

  • 6,098

Home Design

  • 5,346 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Parking

  • 9 Parking Spaces
  • Assigned Parking

Additional Features

  • 6,098 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-013692

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $2,867
  • Operating Expense $29,020
  • Gross Income $47,640
  • Net Operating Income $18,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,912

Year Built

Built in 1973

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1973
  • Tax Year: 2020
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.14
  • Total Gross Income: 47640.0
  • Co List Office Phone: 614-294-5511
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 131.87
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 47640.0
  • Annual Expenses: 29020.26
  • General Property Info Building Sq Ft: 5346.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 9.0
  • Parking Features Assigned2: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 2866.87

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-013692
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 18619.74
  • Annual Operating Expense: 29020.26

Tax Info

  • Tax Annual Amount: 11912.0

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
Oct 4, 2021
Closed on
Dec 20, 2021
Sold by
Bought by
Seller's Agent
Justin Garland
Buckeye Real Estate
Buyer's Agent
Bryan Dulle
1st Place Realty
List Price
$705,000
Sold Price
$650,000
Premium/Discount to List
-$55,000
-7.8%

Purchase Details

Closed on
Oct 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0676%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1979
Bought by
Source: Public Records
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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
$650,000 Title Co Ltd
-- None Available
$250,000 Cardinal Title
$68,900 --
-- --
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 $612,000
Previous Owner $200,000
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
12/20/2021 12/20/21 Sold $650,000 -7.8% $122 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $705,000 +8.5% $132 / Sq Ft
09/29/2021 09/29/21 Off Market $650,000 -- --
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 $16,873 $227,330 $26,220 $201,110
2024 $16,873 $227,330 $26,220 $201,110
2023 $16,606 $227,330 $26,220 $201,110
2022 $11,943 $159,250 $19,880 $139,370
2021 $11,994 $159,250 $19,880 $139,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221038575

Columbus and Central Ohio Regional MLS
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