NOT LISTED FOR SALE

219 E Burgess St Mount Vernon, OH 43050

5 Beds
3 Baths
2,292 Sq Ft
7,405 Sq Ft Lot

Last Sold January 12, 2022

Last sale price $180,000 $79 Per Sq Ft

8 Days on Market

About This Home

As of January 2022

Here is your chance to own a turn key investment opportunity in the heart of Mount Vernon! Unit 1 is a 1 bedroom 1st floor unit with updated, flooring, paint, appliances, vanity & has laundry access. This unit will rent for 685.00 per month. Unit 2 is a 2 bedroom 1st floor unit with updated flooring, paint, appliances, a new kitchen with cabinets & counter tops. This unit will rent for $800.00 per month. Unit 3 is a spacious 2 bedroom upstairs unit with laundry access & currently rents for $725.00 per month. This home has been very well cared for & has an immaculate exterior. This is a unique opportunity to expand your investment portfolio, buy this to live in one unit & rent out the others OR explore all that AirB&B has to offer. **Highest & Best Offers shall be due by 11/26/2021 @ 5pm**

Last Agent to Sell the Property

Rebekah Mullins

Red 1 Realty License #2005003139 Listed on: 11/19/2021

Last Buyer's Agent

Laurel Palmer

Keller Williams Capital Ptnrs License #2018005138

Keller Williams Capital Ptnrs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1910

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,292 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, trash collection, water
  • Assessor Parcel Number 66-05771.000

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,200
  • Operating Expense $450
  • Gross Income $2,210
  • Net Operating Income $1,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,721

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 2210.0
  • Co List Office Phone: 419-751-4351
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 71.99
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 2210.0
  • Annual Expenses: 450.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2292.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: 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

Exterior Features

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

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: MT VERNON CSD 4205 KNO CO.

Lot Info

  • Parcel Number: 66-05771.000
  • Lot Size Sq Ft: 7405.2
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1200.0
  • Net Operating Income: 1760.0
  • Annual Operating Expense: 450.0

Tax Info

  • Tax Annual Amount: 1721.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2022 01/12/22 Sold $180,000 +9.1% $79 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $165,000 +17.9% $72 / Sq Ft
09/24/2021 09/24/21 Sold $140,000 -6.7% $61 / Sq Ft View Prior Sale
08/09/2021 08/09/21 For Sale $149,990 +67.6% $65 / Sq Ft
05/07/2018 05/07/18 Sold $89,500 -3.7% $39 / Sq Ft View Prior Sale
04/03/2018 04/03/18 Pending -- -- --
11/20/2017 11/20/17 For Sale $92,900 -- $41 / 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 $2,036 $52,620 $9,880 $42,740
2023 $2,081 $52,620 $9,880 $42,740
2022 $1,767 $41,110 $7,720 $33,390
2021 $1,767 $41,110 $7,720 $33,390
2020 $1,721 $41,110 $7,720 $33,390
2019 $1,280 $28,430 $9,770 $18,660
2018 $1,295 $28,430 $9,770 $18,660
2017 $1,274 $28,430 $9,770 $18,660
2016 $1,182 $26,320 $9,040 $17,280
2015 $1,187 $26,320 $9,040 $17,280
2014 $1,193 $26,320 $9,040 $17,280
2013 $1,183 $24,800 $8,500 $16,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221045452

Columbus and Central Ohio Regional MLS

APN: 66-05771.000