$199,000
SOLD NOV 1, 2013

2423 Medary Ave Unit 425 Columbus, OH 43202

Old North Columbus Neighborhood
-- Bed
-- Bath
2,426 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$82 Per Sq Ft

3% Below List Price

30 Days on Market

About This Home

As of November 2013

2423-2425 Medary Ave. Highly upgraded 2-unit. Newer kitchen with lots of counter space & cabinets. Newer windows. Rents @ $925 and $930. Excellent home & income potential. Deep shady lot, upgraded appliances in kitchen.

Last Agent to Sell the Property

Joseph C Jackson

Keller Williams Capital Ptnrs License #2014000204 Listed on: 09/10/2013

Keller Williams Capital Ptnrs

Last Buyer's Agent

Elizabeth Bossley

Howard Hanna RealCom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,620

Year Built

  • Built in 1915

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • 2,426 Sq Ft Home
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-012751

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Maintenance Expense $2,500
  • Water Sewer Expense $800
  • Operating Expense $7,900
  • Gross Income $22,260
  • Net Operating Income $14,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,620

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2012
  • Lot Size Acres: 0.22
  • Total Gross Income: 22260.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Subdivision Name: University District
  • Income Expenses Gross Income: 22260.0
  • Annual Expenses: 7900.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2426.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: 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: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

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

Fee Information

  • Annual Water Sewer Expense: 800.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-012751
  • Lot Size Sq Ft: 9583.2
  • Zoning Description: r-2f

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1000.0
  • Maintenance Expense: 2500.0
  • Net Operating Income: 14360.0
  • Annual Operating Expense: 7900.0

Tax Info

  • Tax Annual Amount: 3619.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2013
Closed on
Oct 24, 2013
Sold by
Swemba Michael Casey
Bought by
Heller Larry and Heller Debbie Griffing
Seller's Agent
Joseph C Jackson
Keller Williams Capital Ptnrs
Buyer's Agent
Elizabeth Bossley
Howard Hanna RealCom Realty
List Price
$205,000
Sold Price
$199,000
Premium/Discount to List
-$6,000
-2.93%
Current Estimated Value
$464,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,163
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Sep 30, 2003
Sold by
Okeefe James M and Okeefe Connie J
Bought by
Swemba Michael Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1983
Bought by
Okeefe James M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $199,000 None Available
Warranty Deed $176,000 --
Deed $43,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $167,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Rented $975 0.0% --
05/30/2014 05/30/14 For Rent $975 0.0% --
11/01/2013 11/01/13 Sold $199,000 -2.9% $82 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $205,000 -- $85 / 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 $6,750 $147,280 $41,930 $105,350
2023 $6,815 $147,280 $41,930 $105,350
2022 $5,382 $98,460 $25,590 $72,870
2021 $5,392 $98,460 $25,590 $72,870
2020 $5,400 $98,460 $25,590 $72,870
2019 $5,047 $78,760 $20,480 $58,280
2018 $4,587 $78,760 $20,480 $58,280
2017 $4,946 $78,760 $20,480 $58,280
2016 $4,537 $66,050 $9,910 $56,140
2015 $4,135 $66,050 $9,910 $56,140
2014 $4,095 $66,050 $9,910 $56,140
2013 $1,810 $60,025 $8,995 $51,030
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Elizabeth Bossley

    Howard Hanna RealCom Realty

  • Joseph C Jackson

    Seller's Agent in 2013

    Joseph C Jackson

    Keller Williams Capital Ptnrs

    (614) 888-1000

    17 in this area

    194 Total Sales

    Joseph C Jackson
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 213033038

Columbus and Central Ohio Regional MLS

APN: 010-012751

Ohio Franklin County Columbus 43202 Old North Columbus

2423 Medary Ave Unit 425, Columbus, OH

This home is located at 2423 Medary Ave Unit 425, Columbus, OH 43202 and is currently priced at $199,000, approximately $82 per square foot. This property was built in 1915. 2423 Medary Ave Unit 425 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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