NOT LISTED FOR SALE

2306 E 5th Ave Unit 308 Columbus, OH 43219

Saint Mary's Neighborhood

Estimated Value: $217,000 - $291,000

6 Beds
2 Baths
2,352 Sq Ft
$110/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $200,000 $85 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,742/month

1 Day on Market

About This Home

As of January 2021

This recently renovated duplex is the definition of TURNKEY. 3 beds/1 bath/1,176SF per side. Both units boast newer furnaces (AC ready), brand new carpet throughout, and updated windows in 2018. Updated kitchens with new cabinets and stainless steel appliances (fridge and electric range). Updated bathrooms with new shower base and tile surrounds, new vanities, new toilets, and floors. The property sits on a bus line and is less than a half of a mile from Ohio Dominican University. 2306 rented at $1,070. 2308 rented at $1,045. Both leases run from Feb 1, 2021 through Jan 31, 2022. The front (South) and the West side of the property have been newly painted, however, the cold weather turned too quickly to paint the other 2 sides (North and East).

Last Agent to Sell the Property

Abraham McLaurin

Reafco Listed on: 01/19/2021

Last Buyer's Agent

Remington Lyman

Reafco License #2022001862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1928

Lot Details

  • 5,663

Home Design

  • 2,352 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • No Utilities

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-007955

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,345
  • Gross Income $25,380
  • Net Operating Income $19,035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,206

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1928
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 25380.0
  • Co List Office Phone: 614-636-2560
  • MLS Status: Closed
  • Subdivision Name: SHEPARD & CALLENDERS
  • Income Expenses Gross Income: 25380.0
  • Annual Expenses: 6345.0
  • General Property Info Building Sq Ft: 2352.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: None
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-007955
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 19035.0
  • Annual Operating Expense: 6345.0

Tax Info

  • Tax Annual Amount: 1206.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
2306-2308 E 5Th Ave Llc
Bought by
Pier D Garneri Trust
Total Days on Market
1
Current Estimated Value
$258,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Outstanding Balance
$180,538
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$78,044

Purchase Details

Listed on
Jan 19, 2021
Closed on
Jan 29, 2021
Sold by
Village Investment Properties Corp
Bought by
2306 2308 5Th Ave Llc
Seller's Agent
Abraham McLaurin
Reafco
Buyer's Agent
Remington Lyman
Reafco
List Price
$199,999
Sold Price
$200,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
Nov 18, 2002
Sold by
Tyndall W Jeffrey and Tyndall Kimberly J
Bought by
Village Investment Properties Corp

Purchase Details

Closed on
Aug 23, 2000
Sold by
Village Investment Properties Corp
Bought by
Tyndall Jeffrey W and Tyndall Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,700
Interest Rate
8.12%

Purchase Details

Closed on
Dec 6, 1999
Sold by
Reed Thomas B and Reed Ellen J
Bought by
Village Investment Properties Corp

Purchase Details

Closed on
Mar 26, 1965
Bought by
Reed Thomas B and Reed Ellen J
Source: Public Records

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Range of Values:

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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
Pier D Garneri Trust $255,000 Landsel Title Agency
2306 2308 5Th Ave Llc -- Bridge T&E Svcs Llc
Village Investment Properties Corp -- --
Tyndall Jeffrey W -- --
Village Investment Properties Corp $45,000 Franklin Abstract
Reed Thomas B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pier D Garneri Trust $191,250
Closed Pier D Garneri Trust $191,250
Previous Owner Tyndall Jeffrey W $51,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $200,000 0.0% $85 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $199,999 -- $85 / 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 $3,681 $80,330 $6,830 $73,500
2023 $3,775 $80,330 $6,830 $73,500
2022 $1,200 $22,580 $2,630 $19,950
2021 $1,202 $22,580 $2,630 $19,950
2020 $1,204 $22,580 $2,630 $19,950
2019 $1,206 $19,640 $2,280 $17,360
2018 $1,010 $19,640 $2,280 $17,360
2017 $1,304 $19,640 $2,280 $17,360
2016 $1,062 $13,370 $2,660 $10,710
2015 $815 $13,370 $2,660 $10,710
2014 $817 $13,370 $2,660 $10,710
2013 $448 $14,840 $2,940 $11,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221001581

Columbus and Central Ohio Regional MLS

APN: 010-007955