NOT LISTED FOR SALE

Estimated Value: $204,000 - $253,000

2 Beds
1 Bath
914 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 22, 2015

Last sale price $392,500 $429 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,582/month

5 Days on Market

About This Home

As of April 2015

2403 Findley Avenue, 337-341 E 13th Avenue, and 1807-1809 N 4th St to be sold as a package (Parcel #'s 010-054783-00, 010-054876-00, and 010-029757). 2403 Findley Avenue is a 2BR single family home. 337-341 E 13th is a 3 Unit (2BR each). 1807-1809 N 4th is a Duplex. 1807 Has 3BR leased individually and one bedroom is used as an office. 1809 N 4th is a 2BR Unit. 13 Bedrooms currently leased through July 26, 2015 and the 14th room is used as an office. Gross Rents for the package are $56,520 per year. This package is to settle an estate. Package is sold as is.

Last Listed By

Robert Ellis

List Listed on: 12/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Additional Parcels

Home Design

  • 914 Sq Ft Home

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 010-054783

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $6,821
  • Gross Income $56,520
  • Net Operating Income $49,699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,713

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2013
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.04
  • Total Gross Income: 56520.0
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Subdivision Name: OSU Campus, Ohio State University
  • Income Expenses Gross Income: 56520.0
  • Annual Expenses: 6821.0
  • General Property Info Building Sq Ft: 914.0
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-054783
  • Lot Size Sq Ft: 1742.4
  • Additional Parcels Description: 010-054876-00 010-029757-00
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 49699.0
  • Annual Operating Expense: 6821.0

Tax Info

  • Tax Annual Amount: 1713.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2014
Closed on
Apr 21, 2015
Sold by
Wears Janelda A and Diller Janelda A
Bought by
Sip Viii Ltd
Seller's Agent
Robert Ellis
List
Buyer's Agent
Sean Ash
Peak Property Group Realty
List Price
$395,000
Sold Price
$392,500
Premium/Discount to List
-$2,500
-0.63%
Total Days on Market
5
Current Estimated Value
$230,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,374
Avg. Annual Appreciation
-5.06%
Original Mortgage
$314,000
Outstanding Balance
$245,362
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$12,504

Purchase Details

Closed on
Jul 24, 2003
Sold by
Androsac Thomas J and Androsac Terry Z
Bought by
Androsac Andrew C

Purchase Details

Closed on
Sep 6, 1996
Sold by
Chastain Robert N
Bought by
Androsac Thomas J and Androsac Andrew C

Purchase Details

Closed on
Mar 1, 1991

Purchase Details

Closed on
Mar 7, 1989

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
Sip Viii Ltd $85,000 Amerititle
Androsac Andrew C -- Discovery Title Agency Inc
Androsac Thomas J $10,000 --
-- $22,000 --
-- $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sip Viii Ltd $314,000
Closed Sip Viii Ltd $314,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2015 04/22/15 Sold $392,500 -0.6% $429 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $395,000 -- $432 / 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 $3,670 $80,080 $19,740 $60,340
2023 $3,624 $80,080 $19,740 $60,340
2022 $2,675 $50,330 $12,250 $38,080
2021 $2,679 $50,330 $12,250 $38,080
2020 $2,683 $50,330 $12,250 $38,080
2019 $2,653 $40,250 $9,800 $30,450
2018 $2,277 $40,250 $9,800 $30,450
2017 $2,347 $40,250 $9,800 $30,450
2016 $2,142 $30,800 $6,090 $24,710
2015 $1,905 $30,800 $6,090 $24,710
2014 $1,910 $30,800 $6,090 $24,710
2013 $856 $28,000 $5,530 $22,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214047653

Columbus and Central Ohio Regional MLS

APN: 010-054783