$367,500
SOLD JUN 19, 2017
-- Bed
-- Bath
2,600 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

1% Below List Price

33 Days on Market

About This Home

As of August 2020

OSU off-campus student housing investment containing 2 - 3 BD / 1 BA units with large floor plans. Both units are renovated with updated kitchens and baths, hardwood/tile floors, thermal pane windows, central A/C, recessed lighting and electronic locks. 100% pre-leased for 2017-18 academic year at $1,710 per unit. Tenants pay all utilities but water. Can be purchased individually or part of a 6 property campus portfolio that includes 299 E. 15th, 307 E. 15th, 1608 Summit, 1662 Summit and 1777 Summit.

Last Agent to Sell the Property

Matthew Brown

The Wagenbrenner Company License #2000000656 Listed on: 04/17/2017

Last Buyer's Agent

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,660

Year Built

  • Built in 2002

Home Design

  • 2,600 Sq Ft Home
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 2,178 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-013113

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,828
  • Gross Income $41,040
  • Net Operating Income $27,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,660

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 2002
  • Tax Year: 2016
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.05
  • Total Gross Income: 41040.0
  • Co List Office Phone: 614-258-1844
  • MLS Status: Closed
  • Income Expenses Gross Income: 41040.0
  • Annual Expenses: 14828.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2600.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central 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: 010-013113
  • Lot Size Sq Ft: 2178.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 27030.0
  • Annual Operating Expense: 14828.0

Tax Info

  • Tax Annual Amount: 5660.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $390,000 -2.0% $150 / Sq Ft
05/01/2020 05/01/20 Price Changed $398,000 -1.7% $153 / Sq Ft
12/01/2019 12/01/19 For Sale $405,000 +3.8% $156 / Sq Ft
12/01/2019 12/01/19 Off Market $390,000 -- --
08/09/2019 08/09/19 Price Changed $405,000 -1.2% $156 / Sq Ft
06/16/2019 06/16/19 Price Changed $410,000 -3.5% $158 / Sq Ft
04/20/2019 04/20/19 For Sale $425,000 +15.6% $163 / Sq Ft
06/19/2017 06/19/17 Sold $367,500 -0.7% $141 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $370,000 -- $142 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217011739

Columbus and Central Ohio Regional MLS

APN: 010-013113