NOT LISTED FOR SALE

2086 Grasmere Ave Unit 88 Columbus, OH 43211

South Linden Neighborhood

Estimated Value: $172,000 - $199,000

6 Beds
2 Baths
1,984 Sq Ft
$96/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $98,000 $49 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,296/month

4 Days on Market

About This Home

As of December 2019

Great income producer!
-2086 paying $795/month just renewed for a year. Tenant has a section8 voucher. Property was remodeled 1 year ago with refinished hardwood floors, new floor in kitchen and remodeled bathroom.
-2088 is Vacant, rent ready and includes new carpet, flooring and paint. Furnace, hot water tank, and cabinets have been recently updated as well.
DO NOT DISTURB TENANTS. Property to be sold AS-IS. NO OFFERS UNTIL VACANT SIDE IS VIEWED. Listing agent has ownership interest in property.

Last Listed By

John Marette

Lotus Advisors License #2016004801 Listed on: 11/01/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

  • 1,984 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-116302

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,309
  • Gross Income $17,760
  • Net Operating Income $14,451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,011

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1957
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 17760.0
  • Co List Office Phone: 614-300-7395
  • MLS Status: Closed
  • Income Expenses Gross Income: 17760.0
  • Annual Expenses: 3309.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1984.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-116302
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14451.0
  • Annual Operating Expense: 3309.0

Tax Info

  • Tax Annual Amount: 1011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 19, 2019
Sold by
Jrm Rentals Iii Llc
Bought by
Mattick Brian
Seller's Agent
John Marette
Lotus Advisors
Buyer's Agent
David Lenker
Howard Hanna Lenker Group
List Price
$89,000
Sold Price
$98,000
Premium/Discount to List
$9,000
10.11%
Total Days on Market
4
Current Estimated Value
$191,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,323
Avg. Annual Appreciation
13.40%
Original Mortgage
$73,500
Outstanding Balance
$52,254
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$141,523

Purchase Details

Closed on
Aug 18, 2016
Sold by
Beehler Timothy A and Beehler Jennifer
Bought by
Lonestar Holdings Llc

Purchase Details

Closed on
Aug 15, 2016
Sold by
Lonestar Holdings Llc
Bought by
Jrm Rentals Iii Llc

Purchase Details

Listed on
Aug 14, 2014
Closed on
Jan 27, 2015
Sold by
Helm Properties Llc
Bought by
Beehler Timothy A
Seller's Agent
Leon Mohler
Walker Orders Real Estate
Buyer's Agent
Don Shaffer
Howard Hanna Real Estate Svcs
List Price
$34,000
Sold Price
$29,000
Premium/Discount to List
-$5,000
-14.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%

Purchase Details

Closed on
May 14, 2009
Sold by
Yenderusiak Justin J
Bought by
Helm Properties Llc

Purchase Details

Closed on
Aug 13, 2008
Sold by
Us Bank Na
Bought by
Yenderusiak Justin J

Purchase Details

Closed on
Jun 24, 2008
Sold by
Smith Kathleen
Bought by
Us Bank Na and Sg Mortgage Securities Asset Backed Cert

Purchase Details

Closed on
Apr 13, 2005
Sold by
Pontius Jeffrey W
Bought by
Smith David and Smith Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,410
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2000
Sold by
Cupp Dennis M and Cupp Jeanette M
Bought by
Pontius Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1993
Bought by
Cupp Dennis M

Purchase Details

Closed on
Jun 1, 1993

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
Mattick Brian $98,000 World Class Title Agcy Of Oh
Lonestar Holdings Llc $24,000 Pm Title Llc
Jrm Rentals Iii Llc $30,000 Pm Ttile Box
Lonestar Holdings Llc $24,000 Pm Title Llc
Beehler Timothy A $29,000 None Available
Helm Properties Llc $24,500 Chicago Tit
Yenderusiak Justin J $21,000 Accutitle Agency Inc
Us Bank Na $44,000 None Available
Smith David $74,900 Esquire Tit
Pontius Jeffrey W $39,000 Secured Title Solutions
Cupp Dennis M $56,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mattick Brian $73,500
Previous Owner Smith David $76,500
Previous Owner Smith David $63,000
Previous Owner Smith David $67,410
Previous Owner Pontius Jeffrey W $45,000
Previous Owner Pontius Jeffrey W $35,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $98,000 +10.1% $49 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $89,000 +206.9% $45 / Sq Ft
01/29/2015 01/29/15 Sold $29,000 -14.7% $15 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $34,000 -- $17 / 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 $2,754 $60,100 $5,570 $54,530
2023 $2,720 $60,095 $5,565 $54,530
2022 $1,661 $31,260 $3,150 $28,110
2021 $1,664 $31,260 $3,150 $28,110
2020 $1,667 $31,260 $3,150 $28,110
2019 $1,012 $16,280 $2,630 $13,650
2018 $1,024 $16,280 $2,630 $13,650
2017 $1,076 $16,280 $2,630 $13,650
2016 $1,139 $16,770 $3,570 $13,200
2015 $1,037 $16,770 $3,570 $13,200
2014 $1,040 $16,770 $3,570 $13,200
2013 $570 $18,620 $3,955 $14,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219041270

Columbus and Central Ohio Regional MLS

APN: 010-116302