$55,000
SOLD AUG 1, 2017

2002 Fairmont Ave Unit 4 Columbus, OH 43223

Central Hilltop Neighborhood
-- Bed
-- Bath
3,581 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

15% Below List Price

76 Days on Market

About This Home

As of February 2018

Great turn-key investment opportunity. Location is one street from w Broad St. and right around the corner from Glenwood Park.

Both units are large 3 bedroom 1.5 bath units with a third floor attic unit. Tenants are responsible for gas, electric and water (sub metered through Guardian) Hardwick Property Management in place.

DO NOT DISTURB TENANTS. Curb Offers only!

Last Agent to Sell the Property

Daniel Lim

List Listed on: 07/24/2017

Last Buyer's Agent

Daniel Lim

List Listed on: 07/24/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1920

Home Design

  • 3,581 Sq Ft Home
  • Duplex

Additional Features

  • 7,405 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 010-002599

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Manager Expense $1,250
  • Professional Management Expense $1,250
  • Operating Expense $3,140
  • Gross Income $15,600
  • Net Operating Income $12,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$690

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 15600.0
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Income Expenses Gross Income: 15600.0
  • Annual Expenses: 3140.0
  • General Property Info Building Sq Ft: 3581.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-002599
  • Lot Size Sq Ft: 7405.2

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Resident Manager Expense: 1250.0
  • Net Operating Income: 12460.0
  • Annual Operating Expense: 3140.0

Tax Info

  • Tax Annual Amount: 690.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Hetsler Ryan A and Hetsler Hadassah S
Bought by
Ohio House Solutions Llc
Total Days on Market
76
Current Estimated Value
$198,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2022
Sold by
Hetsler Ryan A and Hetsler Hadassah S
Bought by
Ohio House Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 27, 2018
Closed on
Feb 16, 2018
Sold by
Mcgowan Neil
Bought by
Hetsler Ryan A and Hetsler Hadassah S
Seller's Agent
Daniel Lim
List
Buyer's Agent
Ryan Hetsler
CR Inactive Office
List Price
$59,000
Sold Price
$57,000
Premium/Discount to List
-$2,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.05%

Purchase Details

Listed on
Jan 27, 2018
Closed on
Dec 22, 2017
Sold by
Jbmb Rentals Llc
Bought by
Mcgowan Neil
Seller's Agent
Daniel Lim
List
Buyer's Agent
Ryan Hetsler
CR Inactive Office
List Price
$59,000
Sold Price
$57,000
Premium/Discount to List
-$2,000
-3.39%

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 1, 2017
Sold by
Jbmb Rentals Llc
Bought by
Mcgowan Neil
Seller's Agent
Daniel Lim
List
Buyer's Agent
Daniel Lim
List
List Price
$64,900
Sold Price
$55,000
Premium/Discount to List
-$9,900
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 6, 2017
Sold by
2002 2004 Fairmont Ave Llc
Bought by
Jbmb Rentals Llc
Seller's Agent
Gay Henry
Cornerstone Premier Realty LLC
Buyer's Agent
Daniel Lim
List
List Price
$58,500
Sold Price
$55,000
Premium/Discount to List
-$3,500
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Mar 5, 2015
Sold by
223 227 Warren Ave Llc
Bought by
Stowers Kelsey

Purchase Details

Closed on
Dec 12, 2014
Sold by
2002 2004 Fairmont Ave Llc
Bought by
Stowers Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,932
Interest Rate
3.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 21, 2007
Sold by
Voss Anne C and Voss Harold L
Bought by
2002-2004 Fairmont Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2007
Sold by
Graves Jerry L and Graves Sherri L
Bought by
Voss Harold L and Voss Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Bayer Clifford C
Bought by
Graves Jerry L and Graves Sherri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,190
Interest Rate
8.29%

Purchase Details

Closed on
May 5, 1992
Bought by
Bayer Clifford C
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $167,000 Axxis Title
Warranty Deed $167,000 Axxis Title
Warranty Deed $57,000 Associates Title
Warranty Deed $55,000 Landsel Title Box
Land Contract $55,000 Landsel Title Agency Inc
Warranty Deed $55,000 Axxis Title Ag Ltd
Land Contract $77,000 None Available
Land Contract $42,000 None Available
Quit Claim Deed -- Attorney
Survivorship Deed $64,000 Title First
Survivorship Deed $49,100 Title First Agency Inc
Deed $40,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $162,000 Construction
Closed $162,000 Construction
Previous Owner $41,932 Seller Take Back
Previous Owner $42,500 Purchase Money Mortgage
Previous Owner $45,000 Unknown
Previous Owner $44,190 No Value Available
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2021 06/24/21 Rented $925 0.0% --
06/06/2021 06/06/21 Price Changed $925 -2.6% $0 / Sq Ft
05/08/2021 05/08/21 For Rent $950 0.0% --
02/16/2018 02/16/18 Sold $57,000 -3.4% $16 / Sq Ft
01/19/2018 01/19/18 For Sale $59,000 +7.3% $16 / Sq Ft
08/01/2017 08/01/17 Sold $55,000 -15.3% $15 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $64,900 +18.0% $18 / Sq Ft
04/07/2017 04/07/17 Sold $55,000 -6.0% $15 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/12/2017 02/12/17 For Sale $58,500 -- $16 / 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 $7,936 $60,170 $5,600 $54,570
2023 $2,919 $60,165 $5,600 $54,565
2022 $1,918 $23,940 $3,430 $20,510
2021 $1,275 $23,940 $3,430 $20,510
2020 $1,276 $23,940 $3,430 $20,510
2019 $1,241 $19,950 $2,870 $17,080
2018 $612 $19,950 $2,870 $17,080
2017 $1,687 $28,560 $2,870 $25,690
2016 $690 $10,150 $5,390 $4,760
2015 $314 $10,150 $5,390 $4,760
2014 $629 $10,150 $5,390 $4,760
2013 $310 $10,150 $5,390 $4,760
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dustin Zadel

    Golden Gate Real Estate

    (614) 625-2140

    8 Total Sales

    Dustin Zadel
    Section Image

  • D

    Seller's Agent in 2018

    Daniel Lim

    List

  • R

    Buyer's Agent in 2018

    Ryan Hetsler

    CR Inactive Office

  • G

    Seller's Agent in 2017

    Gay Henry

    Cornerstone Premier Realty LLC

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217016490

Columbus and Central Ohio Regional MLS

APN: 010-002599

Ohio Franklin County Columbus 43223 Central Hilltop

2002 Fairmont Ave Unit 4, Columbus, OH

This home is located at 2002 Fairmont Ave Unit 4, Columbus, OH 43223 and is currently priced at $55,000, approximately $15 per square foot. This property was built in 1920. 2002 Fairmont Ave Unit 4 is a home located in Franklin County with nearby schools including Highland Elementary School, Westmoor Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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