NOT LISTED FOR SALE

2121 Myrtle Ave Columbus, OH 43211

Arlington Park Neighborhood

Estimated Value: $106,000 - $161,000

2 Beds
1 Bath
735 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $96,000 $131 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $890/month

153 Days on Market

About This Home

As of March 2017

Extremely high rate of return. 23.1% CAP rate!!! $34,680 gross annual income - $3032 property taxes - $2202 property insurance - $2850 water = $26,596 annual net income. This is a package deal for four homes all located next to each other. They are all deeded separately. Three two bedroom single family homes and one double ( both sides two bedrooms ). 190-003688, 190-003690, 190-003691, 190-003692 100% occupied. Masonry construction means solid homes with low exterior maintenance.

Last Agent to Sell the Property

Jim Maurer

Nutown Realty License #2017005770 Listed on: 09/27/2016

Last Buyer's Agent

Geeta Viddam

Key Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • Additional Parcels

Home Design

  • Duplex

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 190-003690

Community Details

Overview

  • 4 Buildings
  • 5 Units

Building Details

  • Insurance Expense $2,202
  • Water Sewer Expense $2,850
  • Operating Expense $8,084
  • Gross Income $34,680
  • Net Operating Income $26,596

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1959
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Total Gross Income: 34680.0
  • Co List Office Phone: 614-431-2300
  • MLS Status: Closed
  • Income Expenses Gross Income: 34680.0
  • Annual Expenses: 8084.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • Construction Block3: Yes
  • General Property Info # of Buildings: 4.0
  • Air Conditioning None3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2850.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 190-003690
  • Additional Parcels Description: This is a package deal for four homes all located next to each other. They are all deeded separately. Three two bedroom single family homes and one double ( both sides two bedrooms ). 190-003688, 190-003691, 190-003692
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 5
  • Insurance Expense: 2202.0
  • Net Operating Income: 26596.0
  • Annual Operating Expense: 8084.0

Tax Info

  • Tax Annual Amount: 3032.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Mar 9, 2017
Sold by
Culp Charles R
Bought by
Ang Midwest Llc
Seller's Agent
Jim Maurer
Nutown Realty
Buyer's Agent
Geeta Viddam
Key Realty
List Price
$130,000
Sold Price
$96,000
Premium/Discount to List
-$34,000
-26.15%
Total Days on Market
153
Current Estimated Value
$131,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,634
Avg. Annual Appreciation
3.74%

Purchase Details

Closed on
Sep 12, 2002
Sold by
Culp Gail A
Bought by
Culp Charles R

Purchase Details

Closed on
Apr 6, 1982
Bought by
Culp Charles R and Culp Gail A
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
Ang Midwest Llc $17,300 Bexley Title Box
Culp Charles R -- --
Culp Charles R -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $96,000 -26.2% $131 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
09/27/2016 09/27/16 For Sale $130,000 -- $177 / 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 $1,808 $28,140 $10,360 $17,780
2023 $1,786 $28,140 $10,360 $17,780
2022 $595 $6,860 $2,100 $4,760
2021 $576 $6,860 $2,100 $4,760
2020 $560 $6,860 $2,100 $4,760
2019 $546 $5,920 $1,860 $4,060
2018 $550 $5,920 $1,860 $4,060
2017 $556 $5,920 $1,860 $4,060
2016 $593 $6,090 $1,890 $4,200
2015 $555 $6,090 $1,890 $4,200
2014 $557 $6,090 $1,890 $4,200
2013 $323 $7,175 $2,240 $4,935
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jim Maurer

    Nutown Realty

    (614) 579-5300

    13 Total Sales

    Jim Maurer
    Section Image

  • G

    Buyer's Agent in 2017

    Geeta Viddam

    Key Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216035309

Columbus and Central Ohio Regional MLS

APN: 190-003692

Ohio Franklin County Columbus 43211 Arlington Park

2121 Myrtle Ave, Columbus, OH

This home is located at 2121 Myrtle Ave, Columbus, OH 43211 since 27 September 2016 and is currently estimated at $131,634, approximately $179 per square foot. This property was built in 1959. 2121 Myrtle Ave is a home located in Franklin County with nearby schools including East Linden Elementary School, Mifflin Middle School, and Mifflin 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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