NOT LISTED FOR SALE

2389 Adams Ave Unit 391 Columbus, OH 43202

Old North Columbus Neighborhood

Estimated Value: $423,049 - $514,000

6 Beds
2 Baths
2,727 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $190,000 $70 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,095/month

38 Days on Market

About This Home

As of October 2015

2389-81 Adams Avenue - 3 bedrooms per side. 2391 side has finished 3rd floor. Both sides are leased at $870. Leases run until 9/30/16 for 2391 side, and 7/31/16 for 2389 side. Please drive by first. All buyers must present proof of funds or pre-approval letter with offer. Outstanding North University location. Disclosures and leases attached to the file. SOLD AS IS. Income numbers are actual, expenses are projections only.

Last Listed By

Joseph C Jackson

Keller Williams Capital Ptnrs License #2014000204 Listed on: 09/15/2015

Keller Williams Capital Ptnrs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,130

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,727 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-065064

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $3,000
  • Operating Expense $8,130
  • Gross Income $20,800
  • Net Operating Income $12,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,130

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.07
  • Total Gross Income: 20800.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Subdivision Name: University District
  • Income Expenses Gross Income: 20800.0
  • Annual Expenses: 8130.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2727.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • 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: 010-065064
  • Lot Size Sq Ft: 3049.2

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1000.0
  • Maintenance Expense: 3000.0
  • Net Operating Income: 12670.0
  • Annual Operating Expense: 8130.0

Tax Info

  • Tax Annual Amount: 4130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2016
Sold by
Goldberg Lynda and Goldberg Richard M
Bought by
2389 2391 Adams Llc
Total Days on Market
38
Current Estimated Value
$456,762

Purchase Details

Listed on
Sep 15, 2015
Closed on
Oct 30, 2015
Sold by
Borthwick Fred C and Borthwick Susan K
Bought by
Goldberg Richard M and Goldberg Lynda
Seller's Agent
Joseph C Jackson
Keller Williams Capital Ptnrs
Buyer's Agent
Katrina Judd
The Realty Firm
List Price
$176,900
Sold Price
$190,000
Premium/Discount to List
$13,100
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$126,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2006
Sold by
Culley Kathryn K and Culley Christian P
Bought by
Borthwick Fred C and Borthwick Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,900
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 21, 2002
Sold by
Culley Kathryn K and Resatka Kathryn K
Bought by
Culley Kathryn K and Culley Christian P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 1997
Sold by
Resatka Richard R
Bought by
Resatka Kathryn K

Purchase Details

Closed on
Jul 20, 1987

Purchase Details

Closed on
Jul 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
2389 2391 Adams Llc -- None Available
Goldberg Richard M $190,000 Crown Title
Borthwick Fred C $154,000 Metropolita
Culley Kathryn K -- --
Resatka Kathryn K $34,400 --
-- $50,000 --
-- $35,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goldberg Richard M $126,000
Previous Owner Borthwick Susan K $123,700
Previous Owner Borthwick Fred C $130,900
Previous Owner Culley Christian P $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $190,000 +7.4% $70 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $176,900 -- $65 / 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 $6,750 $147,290 $26,010 $121,280
2023 $6,816 $147,280 $26,005 $121,275
2022 $5,382 $98,460 $15,580 $82,880
2021 $5,392 $98,460 $15,580 $82,880
2020 $5,400 $98,460 $15,580 $82,880
2019 $5,047 $78,750 $12,460 $66,290
2018 $4,579 $78,750 $12,460 $66,290
2017 $4,946 $78,750 $12,460 $66,290
2016 $4,525 $66,610 $7,740 $58,870
2015 $4,120 $66,610 $7,740 $58,870
2014 $4,130 $66,610 $7,740 $58,870
2013 $1,852 $60,550 $7,035 $53,515
Source: Public Records

Agents Affiliated with this Home

  • Joseph C Jackson

    Seller's Agent in 2015

    Joseph C Jackson

    Keller Williams Capital Ptnrs

    (614) 888-1000

    18 in this area

    194 Total Sales

    Joseph C Jackson
    Section Image
  • Katrina Judd

    Buyer's Agent in 2015

    Katrina Judd

    The Realty Firm

    (614) 563-0523

    401 Total Sales

    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215033517

Columbus and Central Ohio Regional MLS

APN: 010-065064

Ohio Franklin County Columbus 43202 Old North Columbus

2389 Adams Ave Unit 391, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 2389 Adams Ave Unit 391, Columbus, OH 43202 since 15 September 2015 and is currently estimated at $456,762, approximately $167 per square foot. This property was built in 1920. 2389 Adams Ave Unit 391 is a home located in Franklin County with nearby schools including Hubbard Elementary School, Dominion Middle School, and Whetstone High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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