NOT LISTED FOR SALE

Estimated Value: $176,000 - $198,000

6 Beds
4 Baths
3,060 Sq Ft
$62/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $146,000 $48 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,252/month

118 Days on Market

About This Home

As of September 2021

Awesome Location - Rare find Triplex on W Broad St, close to downtown, hospitals & shopping.
All units are 2Bed 1 Bath with one Detached Garage. Fully occupied with month-to-month tenants, rents are below market at 700,700,600. Tenants are responsible for all the utilities. New Electric, Windows, Roof.
Great Investment property with very good Cash Flow

Last Listed By

Krishna Saredhena

Red 1 Realty License #2017003758 Listed on: 09/01/2021

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,358

Year Built

  • Built in 1900

Lot Details

  • 10,019

Parking

  • On-Street Parking

Home Design

  • 3,060 Sq Ft Home

Additional Features

  • 10,019 Sq Ft Lot
  • Gas Available
  • Basement

Listing and Financial Details

  • The owner pays for electricity, gas
  • Assessor Parcel Number 010-051959

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,000
  • Gross Income $24,000
  • Net Operating Income $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,358

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Lot Size Acres: 0.23
  • Total Gross Income: 24000.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Subdivision Name: Glenwood Heights
  • Income Expenses Gross Income: 24000.0
  • Annual Expenses: 1000.0
  • General Property Info Building Sq Ft: 3060.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-051959
  • Lot Size Sq Ft: 10018.8

Rental Info

  • Owner Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 23000.0
  • Annual Operating Expense: 1000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Sep 28, 2021
Sold by
Bengals Realty Inc
Bought by
Grisanti Jonathan Lee and Grisanti Michael
Seller's Agent
Krishna Saredhena
Red 1 Realty
Buyer's Agent
Blake Park
Reafco
List Price
$250,000
Sold Price
$146,000
Premium/Discount to List
-$104,000
-41.6%
Total Days on Market
118
Current Estimated Value
$188,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,427
Avg. Annual Appreciation
7.24%

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 17, 2020
Sold by
Singh Pratyush
Bought by
Bengals Realty Inc
Seller's Agent
Ajay Pandya
e-Merge Real Estate Unlimited
Buyer's Agent
Aaron Clark
e-Merge Real Estate
List Price
$94,900
Sold Price
$76,000
Premium/Discount to List
-$18,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.22%

Purchase Details

Listed on
Aug 19, 2016
Closed on
Oct 5, 2016
Sold by
Springboard Housing Lva1 Llc
Bought by
Singh Pratyush
Seller's Agent
Kimberlee McClellan
Majestic Realty
Buyer's Agent
Ajay Pandya
e-Merge Real Estate
List Price
$49,900
Sold Price
$19,000
Premium/Discount to List
-$30,900
-61.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.94%
Interest Rate
3.42%

Purchase Details

Closed on
Oct 30, 2014
Sold by
Hogar Community Reinvestment Llc
Bought by
Springboard Housing Lva1 Llc

Purchase Details

Listed on
Oct 5, 2012
Closed on
Nov 27, 2012
Sold by
Wells Fargo Bank Na
Bought by
Hogar Community Reinvestment Llc
Seller's Agent
Joseph Armeni
City Center, Realtors
Buyer's Agent
Joseph Armeni
City Center, Realtors
List Price
$19,900

Purchase Details

Closed on
Jul 12, 2012
Sold by
Quintero Ortega Mauricio
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 1, 2004
Sold by
Birmingham Bancorp Mortgage Corp
Bought by
Quintero Ortega Mauricio and Quintero Ortega Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2003
Sold by
Birmingham Bancorp Mortgage
Bought by
Quintero Ortega Mauricio and Quintero Ortega Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 2, 2000
Sold by
Curtis David and Source One Mtg Services Corp
Bought by
Birmingham Bancorp Mtg Corp

Purchase Details

Closed on
Sep 23, 1997
Sold by
Carson Consulting
Bought by
Curtis David

Purchase Details

Closed on
Sep 20, 1997
Sold by
John D Tisher Revocable Living Trust
Bought by
Carson Consulting

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
Grisanti Jonathan Lee $146,000 Pm Title Llc
Bengals Realty Inc $76,000 None Available
Singh Pratyush $19,000 --
Springboard Housing Lva1 Llc $1,000 None Available
Hogar Community Reinvestment Llc -- Bay National Title Co
Wells Fargo Bank Na $50,000 None Available
Quintero Ortega Mauricio $80,000 New Horizon
Quintero Ortega Mauricio $63,000 Esquire Title Services Inc
Birmingham Bancorp Mtg Corp $46,000 --
Curtis David $105,000 --
Carson Consulting $62,500 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grisanti Joshua L $234,500
Previous Owner Singh Pratyush --
Previous Owner Quintero Ortega Mauricio $83,500
Previous Owner Quintero Ortega Mauricio $80,000
Previous Owner Quintero Ortega Mauricio $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $146,000 -16.6% $48 / Sq Ft
07/05/2021 07/05/21 Price Changed $175,000 -12.5% $57 / Sq Ft
06/05/2021 06/05/21 Price Changed $200,000 -20.0% $65 / Sq Ft
05/16/2021 05/16/21 For Sale $250,000 +228.9% $82 / Sq Ft
03/17/2020 03/17/20 Sold $76,000 -14.6% $25 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
02/18/2020 02/18/20 Price Changed $89,000 -6.2% $29 / Sq Ft
01/22/2020 01/22/20 For Sale $94,900 +399.5% $31 / Sq Ft
09/22/2016 09/22/16 Sold $19,000 -61.9% $6 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
11/17/2014 11/17/14 For Sale $49,900 +150.8% $16 / Sq Ft
12/14/2012 12/14/12 Sold -- -- --
11/14/2012 11/14/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $19,900 -- $7 / 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 $2,358 $51,460 $5,220 $46,240
2023 $2,329 $51,450 $5,215 $46,235
2022 $1,860 $35,000 $3,990 $31,010
2021 $2,664 $35,000 $3,990 $31,010
2020 $843 $8,610 $3,990 $4,620
2019 $1,544 $7,500 $3,470 $4,030
2018 $1,826 $7,500 $3,470 $4,030
2017 $2,099 $7,500 $3,470 $4,030
2016 $3,092 $45,510 $13,900 $31,610
2015 $2,906 $45,510 $13,900 $31,610
2014 $2,822 $45,510 $13,900 $31,610
2013 $1,557 $45,500 $13,895 $31,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221016320

Columbus and Central Ohio Regional MLS

APN: 010-051959