NOT LISTED FOR SALE

2404 N 4th St Unit 406 Columbus, OH 43202

Old North Columbus Neighborhood

Estimated Value: $490,000 - $858,329

6 Beds
2 Baths
3,084 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $293,000 $95 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,949/month

51 Days on Market

About This Home

As of June 2020

CURB OFFERS ONLY! Buyer to have 3 days after acceptance to view both units and 10 days after viewing to complete inspection. 2 Unit Duplex each with 3 bedrooms, 1 full bath. 3rd Floor Attic in each unit being utilized for additional living space. Unit 2404 leased at $1,030. Unit 2406 long-term tenant month to month $750. Front Covered porch and back deck space on each unit. Blown insulation and storm windows added for energy efficiency. Duplex located within the incentive area for the Ohio State University Faculty and Staff University District Homeownership Incentive Program. One water/sewer bill. Tenants reimburse owner on proportionate usage. Parking for 4 vehicles in rear of Duplex.

Last Listed By

Rick Rano

RE/MAX Affiliates, Inc. License #2003001121 Listed on: 04/27/2020

RE/MAX Affiliates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Common or Shared Parking

Home Design

  • 3,084 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-038030

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,239
  • Gross Income $21,360
  • Net Operating Income $13,121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,897

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 21360.0
  • Co List Office Phone: 614-891-1661
  • MLS Status: Closed
  • Subdivision Name: Indianola Terrace
  • Income Expenses Gross Income: 21360.0
  • Annual Expenses: 8239.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3084.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features: Common

Utilities

  • Heating: Forced 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: 010-038030
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13121.0
  • Annual Operating Expense: 8239.0

Tax Info

  • Tax Annual Amount: 4897.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 26, 2020
Sold by
Watterson Craig H and Watterson Catherine M
Bought by
Cespedes Mario
Seller's Agent
Rick Rano
RE/MAX Affiliates, Inc.
Buyer's Agent
Erik Hiss
Keller Williams Capital Ptnrs
List Price
$309,900
Sold Price
$293,000
Premium/Discount to List
-$16,900
-5.45%
Total Days on Market
51
Current Estimated Value
$611,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,832
Avg. Annual Appreciation
15.71%
Original Mortgage
$287,693
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 1984
Bought by
Watterson Craig H

Purchase Details

Closed on
Nov 1, 1981

Purchase Details

Closed on
Mar 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
Cespedes Mario $586,000 Title First Agency Inc
Watterson Craig H $57,500 --
-- $54,000 --
-- $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cespedes Mario $284,944
Closed Cespedes Mario $287,693
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $293,000 -5.5% $95 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $309,900 -- $100 / 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 $6,680 $147,290 $36,720 $110,570
2023 $6,596 $147,290 $36,720 $110,570
2022 $4,089 $77,880 $24,010 $53,870
2021 $4,096 $77,880 $24,010 $53,870
2020 $5,250 $98,460 $24,010 $74,450
2019 $4,897 $78,760 $19,220 $59,540
2018 $2,445 $78,760 $19,220 $59,540
2017 $4,896 $78,760 $19,220 $59,540
2016 $3,400 $50,050 $7,420 $42,630
2015 $1,548 $50,050 $7,420 $42,630
2014 $3,103 $50,050 $7,420 $42,630
2013 $1,392 $45,500 $6,755 $38,745
Source: Public Records

Agents Affiliated with this Home

  • Rick Rano

    Seller's Agent in 2020

    Rick Rano

    RE/MAX

    (614) 839-1633

    2 in this area

    299 Total Sales

    Rick Rano
    Section Image
  • Erik Hiss

    Buyer's Agent in 2020

    Erik Hiss

    Keller Williams Capital Ptnrs

    (614) 282-7912

    7 in this area

    223 Total Sales

    Erik Hiss
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220012668

Columbus and Central Ohio Regional MLS

APN: 010-038030

Ohio Franklin County Columbus 43202 Old North Columbus

2404 N 4th St Unit 406, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 2404 N 4th St Unit 406, Columbus, OH 43202 since 27 April 2020 and is currently estimated at $611,832, approximately $198 per square foot. This property was built in 1920. 2404 N 4th St Unit 406 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.

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Information is deemed reliable but not guaranteed.

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