NOT LISTED FOR SALE

2003 Fairmont Ave Unit 5 Columbus, OH 43223

Central Hilltop Neighborhood

Estimated Value: $178,000 - $210,000

6 Beds
3 Baths
2,556 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $66,000 $26 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $1,203/month

4 Days on Market

About This Home

As of March 2018

Easy to rent and fully leased. 2003 Fairmont Dr is large Duplex with large 3 bedroom townhouse apartments with basements. Off street parking
and a nice backyard. Walking distance to multiple parks. Updates include windows and
flooring. Curb offers only. Please do not disturb tenants. Video walk throughs available in Documents.

Last Agent to Sell the Property

Michael Rodriguez

SVN Wilson Commercial Listed on: 02/12/2018

Co-Listed By

Kristen Asman

SVN Wilson Commercial License #2013003740

Last Buyer's Agent

Mike Rodriguez

Keller Williams Capital Ptnrs License #2017004152

Keller Williams Capital Ptnrs

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 2,556 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-044909

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,724
  • Gross Income $14,666
  • Net Operating Income $8,942

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1926
  • Tax Year: 2016
  • Lot Size Acres: 0.15
  • Total Gross Income: 14666.0
  • Co List Office Mls Id: 10119
  • Co List Office Phone: 614-944-5140
  • Co List Office Phone: 614-944-5140
  • MLS Status: Closed
  • Income Expenses Gross Income: 14666.0
  • Annual Expenses: 5724.0
  • General Property Info Building Sq Ft: 2556.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-044909
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 8942.0
  • Annual Operating Expense: 5724.0

Tax Info

  • Tax Annual Amount: 1710.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Bergum Matthew D and Bergum Michelle L
Bought by
Brown Jason Anthony
Current Estimated Value
$190,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,925
Outstanding Balance
$145,610
Interest Rate
6.61%
Estimated Equity
$60,969

Purchase Details

Listed on
Feb 12, 2018
Closed on
Mar 29, 2018
Sold by
Bach Investment Group Llc
Bought by
Bergum Matthew D and Bergum Michelle L
Seller's Agent
Michael Rodriguez
SVN Wilson Commercial
Buyer's Agent
Mike Rodriguez
Keller Williams Capital Ptnrs
List Price
$79,900
Sold Price
$66,000
Premium/Discount to List
-$13,900
-17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$48,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2011
Sold by
Bach Jarod N and Bach Kathryn N
Bought by
The Bach Investment Group Llc

Purchase Details

Closed on
Mar 28, 2008
Sold by
Bach Jarod N and Bach Kathryn N
Bought by
Bach Jaron N and Bach Kathryn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Bach Jarod N

Purchase Details

Closed on
Nov 20, 2007
Sold by
Welsh Bryan and Welsh Bryan J
Bought by
Deutsche Bank National Trust Co and Gsamp Trust 2006-He1 Mortgage Pass Throu

Purchase Details

Closed on
Oct 9, 2002
Sold by
Taris Joseph E and Joseph E Taris Living Trust
Bought by
Welsh Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,350
Interest Rate
9.75%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Cotton Lanche I R
Bought by
Gamma Holding & Trading Company

Purchase Details

Closed on
Aug 3, 1987
Bought by
Gamma Holding & Trading
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 Buyer Sale Price Title Company
Brown Jason Anthony $199,900 Landsel Title Agency
Bergum Matthew D $65,000 Service Title
The Bach Investment Group Llc -- Independent
Bach Jaron N -- Independent
Bach Jarod N $22,500 None Available
Deutsche Bank National Trust Co $40,000 Pritsolas T
Welsh Bryan $71,500 --
Gamma Holding & Trading Company -- --
Gamma Holding & Trading -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jason Anthony $149,925
Previous Owner Bergum Matthew D $48,750
Previous Owner Bach Jaron N $51,300
Previous Owner Welsh Bryan $81,900
Previous Owner Welsh Bryan $64,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $66,000 -17.4% $26 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $79,900 -- $31 / 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 $1,983 $43,260 $5,320 $37,940
2023 $1,958 $43,260 $5,320 $37,940
2022 $1,460 $27,480 $3,290 $24,190
2021 $1,463 $27,480 $3,290 $24,190
2020 $1,465 $27,480 $3,290 $24,190
2019 $1,426 $22,930 $2,770 $20,160
2018 $859 $22,930 $2,770 $20,160
2017 $1,426 $22,930 $2,770 $20,160
2016 $1,710 $25,170 $4,450 $20,720
2015 $926 $25,170 $4,450 $20,720
2014 $1,561 $25,170 $4,450 $20,720
2013 $905 $29,575 $5,215 $24,360
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Rodriguez

    SVN Wilson Commercial

  • Kristen Asman

    Seller Co-Listing Agent in 2018

    Kristen Asman

    SVN Wilson Commercial

    (614) 370-9077

    14 Total Sales

    Kristen Asman
    Section Image

  • M

    Buyer's Agent in 2018

    Mike Rodriguez

    Keller Williams Capital Ptnrs

    (614) 949-4512

    1 Total Sale

    Mike Rodriguez
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218003703

Columbus and Central Ohio Regional MLS

APN: 010-044909

Ohio Franklin County Columbus 43223 Central Hilltop

2003 Fairmont Ave Unit 5, Columbus, OH

This home is located at 2003 Fairmont Ave Unit 5, Columbus, OH 43223 since 12 February 2018 and is currently estimated at $190,496, approximately $74 per square foot. This property was built in 1926. 2003 Fairmont Ave Unit 5 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.

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