NOT LISTED FOR SALE

Estimated Value: $427,660 - $527,000

6 Beds
2 Baths
2,464 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $475,000 $193 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,182/month

42 Days on Market

Highlights

  • Home Security System
  • Forced Air Heating and Cooling System
  • 4-minute walk to Maynard & Summit Park

About This Home

As of June 2023

Dream investment property, 3BD/1BA each side in a prime location close to Ohio State campus! This newly renovated turnkey duplex is the perfect house hack opportunity, with an active and highly profitable Airbnb that brought in $3.5K a month on one side in March with room for much more during summer and football months.
This duplex has been completely updated with a brand new roof, updated electric and plumbing, and gorgeous high-quality laminate floors that pair perfectly with the countertops in the all new kitchen, complete with all stainless steel appliances. Both bathrooms have been beautifully redone. The huge attic offers endless opportunities to add additional bed and bath.
SEE ATTACHED FOR MORE INFO ON UPDATES & INCOME. Please read A2A!

Last Listed By

Simone Douglas

Douglas & Associates Realty License #2022005905 Listed on: 05/05/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1922

Lot Details

  • 4,792

Parking

  • Off-Street Parking: 1

Home Design

  • 2,464 Sq Ft Home
  • Duplex

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-063660

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,200
  • Gross Income $34,305
  • Net Operating Income $26,105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,319

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1922
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 34305.0
  • Co List Office Phone: 614-245-3511
  • MLS Status: Closed
  • Income Expenses Gross Income: 34305.0
  • Annual Expenses: 8200.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2464.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Security System3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-063660
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 26105.0
  • Annual Operating Expense: 8200.0

Tax Info

  • Tax Annual Amount: 5319.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 8, 2023
Sold by
Simone Douglas
Bought by
Dc Capital Ltd
Seller's Agent
Simone Douglas
Douglas & Associates Realty
Buyer's Agent
Chris Rosen
Cutler Real Estate
List Price
$494,900
Sold Price
$475,000
Premium/Discount to List
-$19,900
-4.02%
Total Days on Market
42
Views
131
Current Estimated Value
$465,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,085
Avg. Annual Appreciation
-4.38%

Purchase Details

Closed on
Apr 15, 2021
Sold by
Gratz Thomas S and The Gratz Family Trust
Bought by
Douglas Simone M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,101
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2014
Sold by
Gratz Thomas S and Gratz Janice I
Bought by
Gratz Thomas S and The Gratz Family Trust

Purchase Details

Closed on
Oct 13, 2004
Sold by
Gratz Thomas S and Gratz Janice L
Bought by
Gratz Thomas S and Gratz Janice L

Purchase Details

Closed on
Nov 21, 1986
Bought by
Gratz Thomas S

Purchase Details

Closed on
Nov 1, 1979

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
Dc Capital Ltd $475,000 Atlas Title Solutions
Douglas Simone M $278,000 Crown Search Services
Gratz Thomas S -- None Available
Gratz Thomas S -- None Available
Gratz Thomas S $42,500 --
-- $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Douglas Simone M $373,101
Previous Owner Gratz Thomas S $92,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $475,000 -4.0% $193 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $494,900 0.0% $201 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $494,900 -1.0% $201 / Sq Ft
04/01/2023 04/01/23 For Sale $500,000 +5.3% $203 / Sq Ft
03/30/2023 03/30/23 Off Market $475,000 -- --
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 $7,186 $156,810 $34,270 $122,540
2023 $6,596 $147,290 $34,270 $113,020
2022 $5,319 $98,460 $20,550 $77,910
2021 $5,242 $98,460 $20,550 $77,910
2020 $5,186 $98,460 $20,550 $77,910
2019 $4,838 $78,760 $16,420 $62,340
2018 $4,138 $78,760 $16,420 $62,340
2017 $4,836 $78,760 $16,420 $62,340
2016 $3,793 $56,530 $6,370 $50,160
2015 $3,448 $56,530 $6,370 $50,160
2014 $3,456 $56,530 $6,370 $50,160
2013 $1,572 $51,380 $5,775 $45,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223008504

Columbus and Central Ohio Regional MLS

APN: 010-063660