NOT LISTED FOR SALE

2443 Northwest Blvd Columbus, OH 43221

Estimated Value: $633,000 - $803,000

4 Beds
3 Baths
2,937 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $670,000 $228 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,334/month

3 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 4-minute walk to Cardiff Woods Park
  • Barrington Road Elementary School Rated A

About This Home

As of June 2021

Rare opportunity to invest in a prime location just steps away from Lane Ave redevelopment project, south of Lane on the parade route. This property is zoned Planned Mix Use, which gives many options for redevelopment as multi-family, residential, offices, retail, etc. Beautiful 3 unit brick apartment building with large 2BR ranch apartment w/living room, FP and open kitchen, all on the 1st flr, and 2- 1 BR flats. Wood floors preserved under the carpet. Enormous basement/storage area for the 1BR apartments and an independent huge full basement for the 2 bedroom ranch, both with washer dryer hookups. 3 car carport and huge driveway ample parking. 1 bedroom units are month to month at $850 and should be much higher, 2 BR has a lease agreement. Curb offers only, do not disturb tenants.

Last Listed By

David Meyer

Sorrell & Company, Inc. License #2005004277 Listed on: 06/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,219

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,937 Sq Ft Home
  • Fireplace
  • Basement

Parking

  • 6 Parking Spaces
  • 3 Carport Spaces
  • Side or Rear Entrance to Parking
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 070-002387

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $11,219
  • Gross Income $34,200
  • Net Operating Income $22,981

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,219

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1958
  • Tax Year: 2020
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.25
  • Total Gross Income: 34200.0
  • Co List Office Phone: 614-488-0707
  • MLS Status: Closed
  • Subdivision Name: South of Lane
  • Income Expenses Gross Income: 34200.0
  • Annual Expenses: 11219.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2937.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous Carports: Yes
  • Owner Pays Trash2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 6.0

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: UPPER ARLINGTON CSD 2512 FRA CO.

Lot Info

  • Parcel Number: 070-002387
  • Lot Size Sq Ft: 10890.0
  • Additional Parcels: No
  • Zoning Description: Planned Mix Use

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 22981.0
  • Annual Operating Expense: 11219.0

Tax Info

  • Tax Annual Amount: 11219.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 18, 2021
Sold by
2443 Northwest Llc
Bought by
Walnut Management Llc and Walnut Builders Inc
Seller's Agent
David Meyer
Sorrell & Company, Inc.
Buyer's Agent
Mary Jo Vilardo
M.J., Realtors
List Price
$679,900
Sold Price
$670,000
Premium/Discount to List
-$9,900
-1.46%
Total Days on Market
3
Current Estimated Value
$730,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,637
Avg. Annual Appreciation
4.19%

Purchase Details

Listed on
Mar 15, 2017
Closed on
Apr 19, 2017
Sold by
Evans James P
Bought by
244 Northwest Llc
Seller's Agent
Robert Sorrell
Sorrell & Company, Inc.
Buyer's Agent
David Meyer
Sorrell & Company, Inc.
List Price
$568,900
Sold Price
$536,800
Premium/Discount to List
-$32,100
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Jan 5, 2001
Sold by
Evans Jane S and Evans Jane S
Bought by
Evans James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.03%

Purchase Details

Closed on
Oct 3, 1995
Sold by
Getz James L
Bought by
Jane Stevens Evans Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8%
Mortgage Type
New Conventional

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
Walnut Management Llc $670,000 Columbia Ttl Agcy Of Westerv
244 Northwest Llc -- None Available
Evans James P $160,000 Title First Agency Inc
Jane Stevens Evans Trustee $200,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans James P $200,100
Previous Owner Evans James P $240,000
Previous Owner Evans James P $20,000
Previous Owner Evans James P $202,500
Previous Owner Evans James P $160,000
Previous Owner Jane Stevens Evans Trustee $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $670,000 -1.5% $228 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $679,900 +1.5% $231 / Sq Ft
05/27/2021 05/27/21 Off Market $670,000 -- --
04/21/2017 04/21/17 Sold $536,800 -5.6% $183 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $568,900 -- $194 / 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 $15,163 $256,940 $132,130 $124,810
2023 $14,978 $256,940 $132,130 $124,810
2022 $16,855 $234,500 $68,810 $165,690
2021 $11,316 $178,890 $68,810 $110,080
2020 $11,219 $178,890 $68,810 $110,080
2019 $11,391 $160,550 $68,810 $91,740
2018 $9,728 $160,550 $68,810 $91,740
2017 $11,307 $160,550 $68,810 $91,740
2016 $8,133 $120,830 $52,190 $68,640
2015 $8,126 $120,830 $52,190 $68,640
2014 $8,135 $120,830 $52,190 $68,640
2013 $3,885 $109,865 $47,460 $62,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221018124

Columbus and Central Ohio Regional MLS

APN: 070-002387