NOT LISTED FOR SALE

246 E Welch Ave Unit 248 Columbus, OH 43207

Merion Village Neighborhood

Estimated Value: $392,000 - $474,378

6 Beds
2 Baths
2,352 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $225,000 $96 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,920/month

5 Days on Market

About This Home

As of July 2019

3bed/1bath duplex in Merion Village. Rents are at $750 (month to month) and $1035 (Expires 5/30/20). Central Air throughout,along with vinyl windows, off street parking. Privacy fenced in backyard with stone patio and built in benches. Cosmetic upgrades needed to bring 246 unit to market rent.

Last Listed By

Joseph Allred

Peak Property Group Realty Listed on: 07/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 2,352 Sq Ft Home
  • Duplex

Parking

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

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $21,420

Listing and Financial Details

  • Assessor Parcel Number 010-035415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,157

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 21420.0
  • Co List Office Mls Id: 10217
  • Co List Office Phone: 614-339-4608
  • Co List Office Phone: 614-339-4608
  • MLS Status: Closed
  • Income Expenses Gross Income: 21420.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2352.0
  • Air Conditioning None3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Cooling: Central Air, None
  • Cooling Y N: No
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-035415
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3157.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Jul 23, 2019
Sold by
246 E Welch Ave Llc
Bought by
B & G Realty Group Llc
Seller's Agent
Joseph Allred
Peak Property Group Realty
Buyer's Agent
Michael Zoller
Street Sotheby's International
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Total Days on Market
5
Current Estimated Value
$422,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,345
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Apr 5, 2017
Sold by
246 East Welch Llc
Bought by
246 E Welch Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 1, 2012
Sold by
Chatham Partners Llc
Bought by
246 East Welch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,897
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2012
Sold by
Trafzer Sara J
Bought by
Chatham Parnters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,897
Interest Rate
3.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2011
Sold by
Fannie Mae
Bought by
Trafzer Sara J

Purchase Details

Closed on
Apr 28, 2011
Sold by
Abdalla Abdalla and Gassnay Nabilla
Bought by
Fannie Mae

Purchase Details

Closed on
Jun 5, 2007
Sold by
Segnini Tricia L and Segnini Robert A
Bought by
Abdalla Abdalla and Gassnay Nabilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,486
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Bowers David E and Bowers Julie A
Bought by
Franey Tricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,625
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2004
Sold by
Booth Larry D
Bought by
Bowers David E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1987
Bought by
Booth Larry D

Purchase Details

Closed on
Jul 1, 1983

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
B & G Realty Group Llc $225,000 Amerititle
246 E Welch Ave Llc -- Independent Title Svcs Box
246 East Welch Llc -- None Available
Chatham Parnters Llc -- None Available
Trafzer Sara J $27,500 Nova Title
Fannie Mae $52,000 None Available
Abdalla Abdalla $125,800 None Available
Franey Tricia L $97,500 Hostetler B
Bowers David E $79,900 --
Booth Larry D $31,000 --
-- $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B & G Realty Group Llc $425,000
Previous Owner 246 E Welch Ave Llc $87,500
Previous Owner 246 East Welch Llc $102,375
Previous Owner 246 East Welch Llc $802,897
Previous Owner Abdalla Abdalla $119,486
Previous Owner Franey Tricia L $92,625
Previous Owner Bowers David E $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2019 07/23/19 Sold $225,000 -4.2% $96 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $234,900 -- $100 / 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 $6,806 $148,510 $48,480 $100,030
2023 $6,871 $148,505 $48,475 $100,030
2022 $4,336 $78,760 $13,340 $65,420
2021 $4,834 $78,760 $13,340 $65,420
2020 $4,056 $73,260 $13,340 $59,920
2019 $3,163 $50,860 $9,870 $40,990
2018 $2,174 $50,860 $9,870 $40,990
2017 $3,162 $50,860 $9,870 $40,990
2016 $1,308 $19,260 $7,950 $11,310
2015 $1,191 $19,260 $7,950 $11,310
2014 $1,194 $19,260 $7,950 $11,310
2013 $1,335 $43,645 $8,820 $34,825
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Joseph Allred

    Peak Property Group Realty

  • S

    Seller Co-Listing Agent in 2019

    Sean Ash

    Peak Property Group Realty

  • M

    Buyer's Agent in 2019

    Michael Zoller

    Street Sotheby's International

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219025494

Columbus and Central Ohio Regional MLS

APN: 010-035415

Ohio Franklin County Columbus 43207 Merion Village

246 E Welch Ave Unit 248, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 246 E Welch Ave Unit 248, Columbus, OH 43207 since 12 July 2019 and is currently estimated at $422,345, approximately $179 per square foot. This property was built in 1925. 246 E Welch Ave Unit 248 is a home located in Franklin County with nearby schools including Southwood Elementary School, South High School, and South Columbus Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes