NOT LISTED FOR SALE

Estimated Value: $675,013

12 Beds
4 Baths
3,436 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $660,000 $192 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,608/month

57 Days on Market

About This Home

As of October 2023

Welcome to the ultimate investment opportunity in Columbus' prestigious University District! This magnificent 12 bedroom duplex offers an unparalleled living experience for students, young professionals, and families alike.Previously rented out for 3200/mo per side. Potential gross income of 76,800+ based on rental history. Each side of the duplex has 6 bedrooms and one side has 2 baths, the other 3 baths. This stunning property offers an unbeatable combination of modern amenities, classic charm, and an ideal location having received a number of updates including but not limited to: new siding, new commercial water heater, new furnaces and appliances, upgraded kitchens, bathrooms, and floors. 4 off street parking spots on site out back!

Last Listed By

Tyrone Johnson

Red 1 Realty License #2018001994 Listed on: 08/11/2023

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,394

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 3,436 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Radiant Heating System

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-002982-00

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,800
  • Gross Income $76,800
  • Net Operating Income $70,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,394

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 76800.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 76800.0
  • Annual Expenses: 6800.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3436.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-002982-00
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 70000.0
  • Annual Operating Expense: 6800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 5, 2023
Sold by
Zhang Jia Jia and Zhang Andreas
Bought by
Guo Lianbin and Guo Leilei
Seller's Agent
Tyrone Johnson
Red 1 Realty
Buyer's Agent
Luyang Yin
Red 1 Realty
List Price
$719,000
Sold Price
$660,000
Premium/Discount to List
-$59,000
-8.21%
Total Days on Market
57
Views
30
Current Estimated Value
$675,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,013
Avg. Annual Appreciation
1.46%

Purchase Details

Closed on
May 30, 2018
Sold by
2061 2063 North Fourth St Llc
Bought by
Zhang Jia Jia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,750
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Listed on
Nov 7, 2017
Closed on
Dec 13, 2017
Sold by
Korting William F
Bought by
2061 2063 North Courth St Llc
Seller's Agent
Marie Anthony
Trembly Realty
Buyer's Agent
Robert Ellis
Key Realty
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$240,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2002
Sold by
Korting Catherine A
Bought by
Korting William F

Purchase Details

Closed on
Jul 10, 1990
Bought by
Korting William F

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
Guo Lianbin $660,000 Columbus Title
Zhang Jia Jia $500,000 None Available
2061 2063 North Courth St Llc -- Amerititle
Korting William F -- --
Korting William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Jia Jia $121,736
Previous Owner Zhang Jia Jia $523,303
Previous Owner Zhang Jia Jia $510,750
Previous Owner 2061 2063 North Courth St Llc $240,000
Previous Owner Korting William F $119,300
Previous Owner Korting William F $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $660,000 -4.2% $192 / Sq Ft
08/20/2023 08/20/23 Price Changed $689,000 -1.4% $201 / Sq Ft
08/15/2023 08/15/23 Price Changed $699,000 -2.8% $203 / Sq Ft
08/11/2023 08/11/23 For Sale $719,000 +139.7% $209 / Sq Ft
12/21/2017 12/21/17 Sold $300,000 0.0% $87 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $299,900 -- $87 / 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 $10,394 $226,800 $37,240 $189,560
2023 $10,264 $226,800 $37,240 $189,560
2022 $8,970 $170,840 $23,520 $147,320
2021 $8,986 $170,840 $23,520 $147,320
2020 $8,998 $170,840 $23,520 $147,320
2019 $10,749 $175,000 $23,520 $151,480
2018 $4,373 $78,750 $23,520 $55,230
2017 $4,561 $78,750 $23,520 $55,230
2016 $4,237 $62,410 $15,120 $47,290
2015 $3,857 $62,410 $15,120 $47,290
2014 $3,816 $62,410 $15,120 $47,290
2013 $1,760 $56,700 $13,720 $42,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223025903

Columbus and Central Ohio Regional MLS

APN: 010-002982