NOT LISTED FOR SALE

2402 Velma Ave Unit 2404 Columbus, OH 43211

South Linden Neighborhood

Estimated Value: $162,535 - $192,000

4 Beds
2 Baths
1,456 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $207,000 $142 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,120/month

2 Days on Market

About This Home

As of May 2022

Great turn-key investment opportunity in the popular Linden neighborhood. This duplex can be sold as a package with 2396-2398 Velma Ave (listing # 222010104). Three out of the four units have been updated, unit 2402 is not updated but in good condition. The owner has done many updates on the interior and exterior of both duplexes. Each unit has 2 bedrooms and 1 bathroom. Currently, three of the four units are leased as follows: (2396 - @Vacant, 2398 - @$850+$65 (water), 2402 - @$605 through 4/30/22 renewing 5/1/22 @ ~$900+$65 (water), 2404 - @$900+$30 (pet). Pictures are of unit 2404, the other renovated units are very similar. ***Highest and best offers due by Saturday at 8PM*** The seller reserves the right to accept an offer before the deadline.

Last Agent to Sell the Property

Zeke Liston

Reafco License #2019005269 Listed on: 04/04/2022

Last Buyer's Agent

David Straight

EXP Realty, LLC License #2021000885

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,615

Year Built

  • Built in 1970

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 1,456 Sq Ft Home
  • Duplex

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-074685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,615

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1970
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Co List Office Phone: 614-636-2560
  • MLS Status: Closed
  • General Property Info Building Sq Ft: 1456.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-074685
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1615.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 16, 2022
Sold by
Liston & Liston Investments Llc
Bought by
Klailee Molly
Seller's Agent
Zeke Liston
Reafco
Buyer's Agent
David Straight
EXP Realty, LLC
List Price
$170,000
Sold Price
$207,000
Premium/Discount to List
$37,000
21.76%
Current Estimated Value
$180,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,866
Avg. Annual Appreciation
-3.86%
Original Mortgage
$144,000
Outstanding Balance
$136,060
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$44,074

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 5, 2022
Sold by
Liston & Liston Investments Llc
Bought by
Klailee Molly
Seller's Agent
Zeke Liston
Reafco
Buyer's Agent
David Straight
EXP Realty, LLC
List Price
$170,000
Sold Price
$207,000
Premium/Discount to List
$37,000
21.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$136,060
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$44,074

Purchase Details

Closed on
Oct 15, 2021
Sold by
Rising High Propeties Llc
Bought by
Liston & Liston Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 2020
Sold by
Greater Than Connection Llc
Bought by
Rising High Properties Llc

Purchase Details

Closed on
Feb 7, 2020
Sold by
Trojack M
Bought by
Greater Than Connection Llc

Purchase Details

Closed on
Dec 6, 2012
Sold by
Ross Barbara W
Bought by
Trojack M

Purchase Details

Closed on
Aug 31, 1983
Bought by
Ross Barbara W
Source: Public Records

Range of Values:

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Average Value
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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
Klailee Molly $207,000 Landsel Title Agency
Klailee Molly $207,000 Landsel Title Agency
Liston & Liston Investments Llc $70,000 Crown Search Services
Rising High Properties Llc -- None Available
Greater Than Connection Llc $66,000 Ccta
Trojack M $15,000 None Available
Ross Barbara W $20,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klailee Molly $144,000
Previous Owner Liston & Liston Investments Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2022 05/10/22 Sold $207,000 -5.9% $142 / Sq Ft
04/06/2022 04/06/22 Price Changed $220,000 +29.4% $151 / Sq Ft
04/04/2022 04/04/22 For Sale $170,000 -- $117 / 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 $2,053 $44,800 $5,530 $39,270
2023 $2,027 $44,800 $5,530 $39,270
2022 $1,202 $22,620 $2,700 $19,920
2021 $1,615 $19,120 $2,700 $16,420
2020 $755 $10,890 $2,700 $8,190
2019 $566 $9,110 $2,280 $6,830
2018 $445 $9,110 $2,280 $6,830
2017 $566 $9,110 $2,280 $6,830
2016 $357 $5,250 $2,240 $3,010
2015 $325 $5,250 $2,240 $3,010
2014 $799 $5,250 $2,240 $3,010
2013 $438 $14,315 $2,485 $11,830
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    Zeke Liston

    Reafco

  • David Straight

    Buyer's Agent in 2022

    David Straight

    EXP Realty, LLC

    (614) 301-9264

    3 in this area

    64 Total Sales

    David Straight
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222010106

Columbus and Central Ohio Regional MLS

APN: 010-074685

Ohio Franklin County Columbus 43211 South Linden

2402 Velma Ave Unit 2404, Columbus, OH

Not Listed for Sale

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