NOT LISTED FOR SALE

2407 Summit St Unit 407 Columbus, OH 43202

Old North Columbus Neighborhood

Estimated Value: $381,575

4 Beds
2 Baths
1,706 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $325,000 $191 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,483/month

8 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 2-minute walk to Maynard & Summit Park

About This Home

As of September 2021

Only one day open to show, Saturday 7/31th, 1-3pm. Don't miss out on this great opportunity in a fabulous location! Minutes from OSU. This 2 unit brick property holds so much potential! Tons updates: New roof 2021, HVAC 2019. Windows 2020. High end finishes in both units' bathrooms. Granite kitchen counters and painted cabinets. Freshly painted whole building. The downstairs unit has 1 bedroom and currently rents for $800/month until summer of 2022. Upstairs unit has 4 bedrooms with a walk-up finished attic huge bedroom, currently renting for $1,250 through summer 2022. Rent is below market. Garage is in the backyard and needs work. Off street parking now.

Last Listed By

Ling Hunter

Red 1 Realty License #2015002572 Listed on: 08/05/2021

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 1,706 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $25,080

Listing and Financial Details

  • Assessor Parcel Number 010-006070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 25080.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Income Expenses Gross Income: 25080.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1706.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-006070
  • Lot Size Sq Ft: 3920.4

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4148.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Hay Nils
Bought by
University District Properties Llc
Total Days on Market
8
Current Estimated Value
$381,575

Purchase Details

Listed on
Aug 5, 2021
Closed on
Sep 9, 2021
Sold by
Zheng Yanli and Bai Zhongrang
Bought by
Hay Nils
Seller's Agent
Ling Hunter
Red 1 Realty
Buyer's Agent
Jonathan Pavkov
Reafco
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$319,113
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2015
Sold by
Myers Edward A
Bought by
1354 Summit Llc

Purchase Details

Closed on
Aug 26, 1988

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
University District Properties Llc -- None Available
Hay Nils $325,000 Safe Title Of Ohio
1354 Summit Llc $165,000 Attorney
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hay Nils $319,113
Previous Owner Zheng Yanli $199,200
Previous Owner Myers Edward A $48,300
Previous Owner Myers Edward A $52,000
Previous Owner Myers Edward A $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $325,000 +1.9% $191 / Sq Ft
07/29/2021 07/29/21 For Sale $319,000 -1.8% $187 / Sq Ft
07/28/2021 07/28/21 Off Market $325,000 -- --
09/20/2019 09/20/19 Sold $249,000 -4.2% $146 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $260,000 -- $152 / 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 $5,492 $119,840 $28,560 $91,280
2023 $5,573 $119,840 $28,560 $91,280
2022 $4,726 $87,160 $17,120 $70,040
2021 $4,584 $87,160 $17,120 $70,040
2020 $4,148 $78,760 $17,120 $61,640
2019 $3,918 $63,010 $13,690 $49,320
2018 $3,317 $63,010 $13,690 $49,320
2017 $3,475 $63,010 $13,690 $49,320
2016 $3,032 $44,630 $6,300 $38,330
2015 $2,722 $44,630 $6,300 $38,330
2014 $2,729 $44,630 $6,300 $38,330
2013 $1,273 $40,530 $5,705 $34,825
Source: Public Records

Agents Affiliated with this Home

  • Ling Hunter

    Seller's Agent in 2021

    Ling Hunter

    Red 1 Realty

    (614) 886-6668

    2 in this area

    360 Total Sales

    Ling Hunter
    Section Image

  • J

    Buyer's Agent in 2021

    Jonathan Pavkov

    Reafco

  • Y

    Seller's Agent in 2019

    Yair Swissa

    RE/MAX

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221028604

Columbus and Central Ohio Regional MLS

APN: 010-006070

Ohio Franklin County Columbus 43202 Old North Columbus

2407 Summit St Unit 407, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 2407 Summit St Unit 407, Columbus, OH 43202 since 05 August 2021 and is currently priced at $381,575, approximately $223 per square foot. This property was built in 1925. 2407 Summit St Unit 407 is a home located in Franklin County with nearby schools including Hubbard Elementary School, Dominion Middle School, and Whetstone High School.

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