NOT LISTED FOR SALE
15 Beds
-- Baths
12,597 Sq Ft
8.08 Acre Lot

Sale Details

Date Sold: February 14, 2018

Last sale price $615,000 $49 Per Sq Ft

199 Days on Market

Highlights

  • 8.08 Acre Lot
  • 30 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2018

On site owner that has well maintained the property. 15 units - most with long term tenants. There are 7 duplexes and 1 home. The 14 units are 2 bedroom, 1 bath, laundry hookups, 2 parking spaces per unit, most have patios. The home is a 3 bedroom, 3 bath, Swiss chalet with an attached 4 car garage.
1 large metal pole building with asphalt floor, a shed, mature trees. Units 60/62 Brand new in 2008 due to a fire. All others are updated.
2 parking spots for each unit

Last Agent to Sell the Property

Lorraine Lynn

Keller Williams Consultants Listed on: 10/30/2017

Last Buyer's Agent

Andrew Balalovski

Balalovski Real Estate, LLC License #2011002632

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,333

Year Built

  • Built in 1971

Lot Details

  • 8.08 Acre Lot

Parking

  • 30 Car Attached Garage

Home Design

  • 12,597 Sq Ft Home
  • Mixed Use

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 3000600008000028

Community Details

Overview

  • 8 Buildings
  • 15 Units

Building Details

  • Operating Expense $18,333
  • Gross Income $115,260
  • Net Operating Income $96,927

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,333

Year Built

Built in 1971

Lot Details

8.08 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1971
  • Tax Year: 2016
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 8.08
  • Total Gross Income: 115260.0
  • Co List Office Phone: 614-932-2000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 55.49
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 115260.0
  • Annual Expenses: 18333.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 12597.0
  • General Property Info # of Buildings: 8.0
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 30.0
  • Parking Features Attached Garage2: Yes
  • Parking Features 4 Car Garage2: Yes

Utilities

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

Schools

  • Junior High Dist: CLARK SHAWNEE LSD 1207 CLA CO.

Lot Info

  • Parcel Number: 3000600008000028
  • Lot Size Sq Ft: 351964.8

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 15
  • Net Operating Income: 96927.0
  • Annual Operating Expense: 18333.0

Tax Info

  • Tax Annual Amount: 12333.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2017
Closed on
Feb 14, 2018
Sold by
Bought by
Seller's Agent
Lorraine Lynn
Keller Williams Consultants
Buyer's Agent
Andrew Balalovski
Balalovski Real Estate, LLC
List Price
$795,000
Sold Price
$615,000
Premium/Discount to List
-$180,000
-22.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$362,962
Interest Rate
4.87%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 1994
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$615,000 Chicago Title
$525,000 --
$450,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $461,250
Previous Owner $480,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/14/2018 02/14/18 Sold $615,000 -22.6% $49 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
06/19/2017 06/19/17 For Sale $795,000 -- $63 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,325 $116,170 $35,163 $81,007
2025 $1,277 $113,893 $34,474 $79,419
2024 $1,277 $111,661 $33,799 $77,862
2023 $1,245 $109,473 $33,137 $76,336
2022 $1,224 $107,328 $32,488 $74,840
2021 $1,224 $105,224 $31,851 $73,373
2020 $1,224 $104,146 $31,525 $72,621
2019 $1,214 $102,105 $30,907 $71,198
2018 $1,137 $100,103 $30,301 $69,802
2017 $1,179 $98,141 $29,707 $68,434
2016 $1,108 $96,218 $29,125 $67,093
2015 -- $94,774 $28,688 $66,086
2014 $1,071 $92,919 $28,127 $64,792
Source: Public Records

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217021742

Columbus and Central Ohio Regional MLS
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