NOT LISTED FOR SALE
11 Beds
-- Bath
9,876 Sq Ft
5,663 Sq Ft Lot Lot

Sale Details

Date Sold: May 25, 2012

Last sale price $590,000 $60 Per Sq Ft

547 Days on Market

About This Home

As of May 2012

This building is perfect for the individual investor because of its exceptionally-good condition. Maintenance has been excellent for past 5 years. Units updated. Rents have been kept at low end of market price range ($575-$650) to assure 100% occupancy. Bonuses incl laundry, extra tenant storage, large parking lot.

Last Agent to Sell the Property

V. Edgar Churchill

CR Inactive Office Listed on: 10/28/2010

Last Buyer's Agent

Stratton Alt

Alt Company, Realtors License #2005002370

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,003

Year Built

  • Built in 1968

Lot Details

  • 5,663 Sq Ft Lot
  • Additional Parcels

Parking

  • 14 Parking Spaces

Home Design

  • 9,876 Sq Ft Home

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-017185

Community Details

Overview

  • 11 Units

Building Details

  • Operating Expense $25,885
  • Gross Income $79,707
  • Net Operating Income $53,822

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,003

Year Built

Built in 1968

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1968
  • Tax Year: 2009
  • Lot Size Acres: 0.13
  • Total Gross Income: 79707.0
  • Co List Office Phone: 614-268-5080
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 62.68
  • Income Expenses Gross Income: 79707.0
  • Annual Expenses: 25885.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 9876.0
  • Construction Block3: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 14.0

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: 010-017185
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels Description: 010-041957-00
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 11
  • Net Operating Income: 53822.0
  • Annual Operating Expense: 25885.0

Tax Info

  • Tax Annual Amount: 9003.22
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $590,000 -6.2% $60 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
10/28/2010 10/28/10 For Sale $629,000 -- $64 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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
2025 $35,969 $484,610 $23,380 $461,230
2024 $35,969 $484,610 $23,380 $461,230
2023 $35,400 $484,610 $23,380 $461,230
2022 $18,999 $253,340 $17,750 $235,590
2021 $19,257 $253,340 $17,750 $235,590
2020 $18,949 $253,340 $17,750 $235,590
2019 $16,050 $194,880 $13,650 $181,230
2018 $15,793 $194,880 $13,650 $181,230
2017 $16,082 $194,880 $13,650 $181,230
2016 $16,789 $192,920 $13,650 $179,270
2015 $15,588 $192,920 $13,650 $179,270
2014 $15,581 $192,920 $13,650 $179,270
2013 $6,389 $159,670 $13,650 $146,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 210041495

Columbus and Central Ohio Regional MLS
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