NOT LISTED FOR SALE

233 Scioto St Urbana, OH 43078

Estimated Value: $129,000 - $148,000

4 Beds
4 Baths
3,226 Sq Ft
$43/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $130,000 $40 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $877/month

7 Days on Market

About This Home

As of April 2024

Location! Location! Location! Located on Scioto Street in the heart of Urbana's bustling downtown business corridor, this multi-unit property presents an excellent investment opportunity. Zoned B-3, it offers versatile usage potential, whether for residential purposes or as a possible commercial venture. The property spans an impressive 3226 square feet, comprising three distinct units spread across two levels. Currently, one of the main-level apartments is rented out at $700 per month and includes all utilities, while the remaining two units await refurbishment before leasing, a factor reflected in their competitive pricing. The rented unit, featuring one bedroom and one bathroom, offers comfortable living space, while the other main apartment, although smaller, mirrors this layout.

Last Agent to Sell the Property

Patrick Hamilton

REMAX Alliance Realty License #2004002933 Listed on: 03/16/2024

REMAX Alliance Realty

Last Buyer's Agent

Heidi Paulig-Singer

Howard Hanna Real Estate Svcs License #2016001366

Howard Hanna Real Estate Svcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 3,226 Sq Ft Home
  • Mixed Use
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil

Additional Features

  • Basement

Community Details

  • 3 Units
  • Gross Income $700

Listing and Financial Details

  • Assessor Parcel Number K48-25-00-02-18-024-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,957

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.16
  • Total Gross Income: 700.0
  • Co List Office Phone: 937-652-1100
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 43.37
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 700.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3226.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Heat Fuel Electric4: 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

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Aluminum: Yes

Utilities

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

Schools

  • Junior High Dist: URBANA CSD 1104 CHA CO.

Lot Info

  • Parcel Number: K48-25-00-02-18-024-00
  • Lot Size Sq Ft: 6969.6

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1957.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2024
Closed on
Apr 16, 2024
Sold by
D & J Bushu Llc
Bought by
Carafa Enterprises Llc
Seller's Agent
Patrick Hamilton
REMAX Alliance Realty
Buyer's Agent
Heidi Paulig-Singer
Howard Hanna Real Estate Svcs
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%
Views
60
Current Estimated Value
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,000
Avg. Annual Appreciation
3.41%
Original Mortgage
$205,000
Outstanding Balance
$201,855
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$63,855

Purchase Details

Closed on
Oct 4, 2011
Sold by
Glenn Robert and Glenn Carol
Bought by
D & J Bushu Llc

Purchase Details

Closed on
Aug 23, 2005
Sold by
Markley Paul A and Markley Phyllis R
Bought by
D & J Bushu Llc
Source: Public Records
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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
Carafa Enterprises Llc $130,000 First Ohio Title
D & J Bushu Llc $26,000 None Available
D & J Bushu Llc $51,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carafa Enterprises Llc $205,000
Closed D & J Bushu Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $130,000 -7.1% $40 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/16/2024 03/16/24 For Sale $139,900 -- $43 / 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 $1,928 $45,850 $5,250 $40,600
2023 $1,928 $45,850 $5,250 $40,600
2022 $1,967 $45,850 $5,250 $40,600
2021 $1,847 $38,150 $4,200 $33,950
2020 $1,847 $38,150 $4,200 $33,950
2019 $1,824 $38,150 $4,200 $33,950
2018 $1,605 $32,050 $4,630 $27,420
2017 $1,594 $32,050 $4,630 $27,420
2016 $1,598 $32,050 $4,630 $27,420
2015 $1,579 $30,740 $4,630 $26,110
2014 $1,581 $23,460 $9,790 $13,670
2013 $1,536 $23,460 $9,790 $13,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224007705

Columbus and Central Ohio Regional MLS

APN: K48-25-00-02-18-024-00