NOT LISTED FOR SALE

1951 Westfield Dr S Unit 1953 Columbus, OH 43223

Estimated Value: $162,000 - $213,000

4 Beds
2 Baths
1,816 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $100,000 $55 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,305/month

2 Days on Market

About This Home

As of June 2020

Attention all investors. Don't miss this opportunity to invest in a tenant occupied duplex in the Westbrook community. 1953 is recently unoccupied and available to schedule a showing, 1951 is occupied. Combined rent for both sides is $1,370.00 a month. Current tenant lease is month-to-month. Property being sold as is. This property can be sold alone or packaged with other investment properties within the same community.

Last Listed By

Teresa Santmyer

Cutler Real Estate Listed on: 05/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,191

Year Built

  • Built in 1954

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

  • 1,816 Sq Ft Home

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 140-005679

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,787
  • Gross Income $20,672
  • Net Operating Income $13,885

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,191

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1954
  • Tax Year: 2019
  • Lot Size Acres: 0.15
  • Total Gross Income: 20672.0
  • Co List Office Phone: 614-339-4664
  • MLS Status: Closed
  • Subdivision Name: Westbrook
  • Income Expenses Gross Income: 20672.0
  • Annual Expenses: 6787.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1816.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 140-005679
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13885.0
  • Annual Operating Expense: 6787.0

Tax Info

  • Tax Annual Amount: 2191.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 3, 2020
Sold by
Esperanza Properties Llc
Bought by
Central Ohio Property Management Llc
Seller's Agent
Teresa Santmyer
Cutler Real Estate
Buyer's Agent
Jerry Auger
Key Realty
List Price
$100,000
Sold Price
$100,000
Total Days on Market
2
Current Estimated Value
$186,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,333
Avg. Annual Appreciation
11.68%
Original Mortgage
$220,500
Outstanding Balance
$198,027
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$25,027

Purchase Details

Closed on
Nov 4, 2014
Sold by
Johnston Mary T and Johnston Leroy
Bought by
Esperanza Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,592
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 22, 2010
Sold by
Equity Trust Company
Bought by
Johnston Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2010
Sold by
Bakhru Hanover Kumar
Bought by
Equity Trust Company and Richard A Clark Ira

Purchase Details

Closed on
Apr 26, 2010
Sold by
Estate Of Kumar U Bakhru
Bought by
Bakhru Hanover Kumar

Purchase Details

Closed on
Oct 5, 2007
Sold by
Bakhru Hanover Kumar and Bakhru Priyanka Hanover
Bought by
Bakhru Kumar Udharam

Purchase Details

Closed on
Sep 1, 1999
Sold by
Kumar Arti and Bakhru Arti
Bought by
Bakhru Kumar Udharam

Purchase Details

Closed on
Oct 27, 1987

Purchase Details

Closed on
Jul 1, 1979

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
Central Ohio Property Management Llc $293,500 None Available
Esperanza Properties Llc -- None Available
Johnston Mary T $115,000 Service Tit
Equity Trust Company $55,000 Hummel Titl
Bakhru Hanover Kumar -- Attorney
Bakhru Kumar Udharam -- None Available
Bakhru Kumar Udharam -- --
-- $39,000 --
-- $33,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Central Ohio Property Management Llc $220,500
Closed Central Ohio Property Management Llc $220,500
Previous Owner Esperanza Properties Llc $278,592
Previous Owner Esperanza Properties Llc $278,592
Previous Owner Johnston Mary T $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $100,000 0.0% $55 / Sq Ft
05/03/2020 05/03/20 For Sale $100,000 -- $55 / 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 $3,148 $60,380 $7,840 $52,540
2023 $3,133 $60,375 $7,840 $52,535
2022 $2,479 $32,870 $14,980 $17,890
2021 $2,358 $32,870 $14,980 $17,890
2020 $2,355 $32,870 $14,980 $17,890
2019 $2,191 $27,410 $12,500 $14,910
2018 $2,675 $27,410 $12,500 $14,910
2017 $2,172 $27,410 $12,500 $14,910
2016 $3,406 $40,250 $3,710 $36,540
2015 $3,168 $40,250 $3,710 $36,540
2014 $1,596 $40,250 $3,710 $36,540
2013 $922 $23,835 $4,375 $19,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220013412

Columbus and Central Ohio Regional MLS

APN: 140-005679