NOT LISTED FOR SALE

Estimated Value: $595,215

8 Beds
2 Baths
3,447 Sq Ft
$173/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $260,100 $75 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,980/month

36 Days on Market

About This Home

As of August 2014

This duplex has a desirable location near OSU campus with great rental income. One side is a 6 bedroom unit that rents for $2400 per month and the other side is a 3 bedroom unit that rents for $1200 per month.

Last Listed By

Richard Russo

Art Russo, REALTORS Listed on: 06/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 1908

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 3,447 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-056819

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $11,931
  • Gross Income $42,768
  • Net Operating Income $30,837

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,303

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1908
  • Tax Year: 2013
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.11
  • Total Gross Income: 42768.0
  • Co List Office Mls Id: 07870
  • Co List Office Phone: 614-236-1178
  • Co List Office Phone: 614-236-1178
  • MLS Status: Closed
  • Income Expenses Gross Income: 42768.0
  • Annual Expenses: 11931.0
  • General Property Info Building Sq Ft: 3447.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-056819
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 30837.0
  • Annual Operating Expense: 11931.0

Tax Info

  • Tax Annual Amount: 4303.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Aug 15, 2014
Sold by
Ee Mustafa Llc
Bought by
Bhatti Chad R and Wightman Jennifer L
Seller's Agent
Richard Russo
Art Russo, REALTORS
Buyer's Agent
Kimberly Harmanis
Keller Williams Capital Ptnrs
List Price
$260,000
Sold Price
$260,100
Premium/Discount to List
$100
0.04%
Total Days on Market
36
Current Estimated Value
$595,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,115
Avg. Annual Appreciation
8.17%
Original Mortgage
$195,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Beasley Cecil C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 12, 2001
Sold by
Deutsche Bank National Trust Company
Bought by
Ee Mustafa Llc

Purchase Details

Closed on
Dec 30, 1992
Bought by
Town Fourth Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 1992
Sold by
Town Fourth Partnership
Bought by
Beasley Cecil C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.25%
Mortgage Type
Unknown

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
Bhatti Chad R $260,100 Clean Title
Deutsche Bank National Trust Company $80,000 None Available
Ee Mustafa Llc $94,000 Fidelity N
Town Fourth Partnership $51,300 --
Beasley Cecil C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhatti Chad R $143,000
Closed Bhatti Chad R $195,000
Previous Owner Beasley Cecil C $7,931
Previous Owner Beasley Cecil C $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2014 08/18/14 Sold $260,100 0.0% $75 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $260,000 -- $75 / 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 $8,161 $178,080 $32,060 $146,020
2023 $8,059 $178,080 $32,060 $146,020
2022 $6,511 $122,510 $19,220 $103,290
2021 $6,522 $122,510 $19,220 $103,290
2020 $6,532 $122,510 $19,220 $103,290
2019 $6,094 $98,010 $15,370 $82,640
2018 $5,435 $98,010 $15,370 $82,640
2017 $6,093 $98,010 $15,370 $82,640
2016 $5,258 $77,390 $6,790 $70,600
2015 $4,787 $77,390 $6,790 $70,600
2014 $4,798 $77,390 $6,790 $70,600
2013 $2,151 $70,350 $6,160 $64,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214024829

Columbus and Central Ohio Regional MLS

APN: 010-056819