NOT LISTED FOR SALE

201 S State St Westerville, OH 43081

Estimated Value: $516,000 - $617,000

6 Beds
2 Baths
3,452 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $265,000 $77 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,717/month

53 Days on Market

Highlights

  • Detached Garage
  • Fireplace
  • 4-minute walk to Hanby Park
  • Whittier Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of October 2016

Cash Cow Valuable location! Beautiful Duplex with 7 bedrooms and over 3452 SqFt. Feels like more SqFt due to additions. Sellers have always had other unit rented w/ rents from $1250/Month to $1450/Month Sellers asked tenants to move out for sale. Property has many opportunities. Currently being used as a duplex with a lucrative apartment lease on the side. Super easy to convert to a single family. Previous owner ran business out of one unit and lived in the other. Has potential for changing zoning currently has mix use zoning status with office/residential. Many renovations done with newer HVAC, roof, kitchen & baths renovation, wood floor refinished, painted inside and out, etc.

Last Agent to Sell the Property

Aunda Klopfer

Keller Williams Excel Realty Listed on: 10/15/2016

Last Buyer's Agent

Aunda Klopfer

Keller Williams Excel Realty Listed on: 10/15/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25

Parking

  • Detached Garage

Home Design

  • Duplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,452 Sq Ft Home
  • Fireplace
  • Basement

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 080-000502

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.25
  • Co List Office Phone: 614-392-5000
  • MLS Status: Closed
  • Subdivision Name: Westerville
  • General Property Info Building Sq Ft: 3452.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Frame: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features Detached Garage2: Yes
  • Parking Features 1 Car Garage2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: WESTERVILLE CSD 2514 FRA CO.

Lot Info

  • Parcel Number: 080-000502
  • Lot Size Sq Ft: 10890.0
  • Zoning Description: Resident/Office

Multi Family

  • Monthly Rent (Other): 1250.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6640.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2016
Closed on
Oct 27, 2016
Sold by
Roush Alexander C and Roush Elizabeth J
Bought by
Thomas Joshua M and Thomas Clare M
Seller's Agent
Aunda Klopfer
Keller Williams Excel Realty
Buyer's Agent
Aunda Klopfer
Keller Williams Excel Realty
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Current Estimated Value
$555,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,269
Avg. Annual Appreciation
8.83%
Original Mortgage
$251,750
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2013
Closed on
Aug 22, 2013
Sold by
Deister Holdings Llc
Bought by
Roush Alexander C and Roush Elizabeth J
Seller's Agent
Aunda Klopfer
Howard Hanna Real Estate Svcs
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$329,900
Sold Price
$216,800
Premium/Discount to List
-$113,100
-34.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$205,950
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 23, 2012
Closed on
Feb 11, 2013
Sold by
Wesbanco Bank Inc
Bought by
Deister Holdings Llc
Seller's Agent
Benjamin Hemmert
Howard Hanna Real Estate Svcs
Buyer's Agent
Aunda Klopfer
Howard Hanna Real Estate Svcs
List Price
$157,500
Sold Price
$110,000
Premium/Discount to List
-$47,500
-30.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
278.25%

Purchase Details

Closed on
Jul 16, 2012
Sold by
S & H Enterprises Rehad Ltd
Bought by
Wesbanco Bank Inc

Purchase Details

Closed on
Aug 16, 2000
Sold by
Cornell Carol K
Bought by
S & H Enterprises Rehab Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Thomas Joshua M $265,000 Expedidient Title
Roush Alexander C $216,800 None Available
Deister Holdings Llc $110,000 None Available
Wesbanco Bank Inc $150,000 None Available
S & H Enterprises Rehab Ltd $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Joshua M $251,750
Closed Roush Alexander C $205,950
Previous Owner S & H Enterprises Rehab Ltd $164,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2016 10/31/16 Sold $265,000 -5.3% $77 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
07/30/2016 07/30/16 For Sale $279,900 +29.1% $81 / Sq Ft
08/26/2013 08/26/13 Sold $216,800 -34.3% $63 / Sq Ft View Prior Sale
07/27/2013 07/27/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $329,900 +199.9% $96 / Sq Ft
02/22/2013 02/22/13 Sold $110,000 -30.2% $32 / Sq Ft View Prior Sale
01/23/2013 01/23/13 Pending -- -- --
08/23/2012 08/23/12 For Sale $157,500 -- $46 / 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 $9,148 $160,970 $43,580 $117,390
2023 $8,954 $160,965 $43,575 $117,390
2022 $8,010 $109,940 $31,640 $78,300
2021 $8,077 $109,940 $31,640 $78,300
2020 $8,054 $109,940 $31,640 $78,300
2019 $7,197 $92,750 $31,640 $61,110
2018 $6,848 $92,750 $31,640 $61,110
2017 $8,049 $121,100 $31,640 $89,460
2016 $6,856 $81,770 $28,810 $52,960
2015 $6,640 $81,770 $28,810 $52,960
2014 $6,645 $81,770 $28,810 $52,960
2013 $3,250 $77,875 $27,440 $50,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216028115

Columbus and Central Ohio Regional MLS

APN: 080-000502