NOT LISTED FOR SALE

2525 Deming Ave Unit 527 Columbus, OH 43202

Old North Columbus Neighborhood

Estimated Value: $352,000 - $414,000

4 Beds
2 Baths
1,950 Sq Ft
$194/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $145,000 $74 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,560/month

18 Days on Market

About This Home

As of November 2012

2 units updated with 2 bedrooms each. Unit 2525 rents $900, 2527 rents $800. Both sides have new HVAC, gutters and drainage. Newer windows and hardwood floors. Tenant pays utilities, including water. Both units have fenced yards, 1-car garage, one for each side. Property located right behind the school. Very clean.

Last Agent to Sell the Property

Richard Russo

Art Russo, REALTORS Listed on: 10/16/2012

Last Buyer's Agent

Jay Zollars

Commercial One Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 1,950 Sq Ft Home
  • Duplex

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 010-023324

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,578
  • Gross Income $20,400
  • Net Operating Income $16,822

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,884

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2011
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 20400.0
  • Co List Office Phone: 614-236-1178
  • MLS Status: Closed
  • Income Expenses Gross Income: 20400.0
  • Annual Expenses: 3578.19
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1950.0
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

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: 010-023324
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 16822.0
  • Annual Operating Expense: 3578.19

Tax Info

  • Tax Annual Amount: 2883.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2012
Closed on
Nov 20, 2012
Sold by
Deming Ave Ee Llc
Bought by
S & W Family Management Llc
Seller's Agent
Richard Russo
Art Russo, REALTORS
Buyer's Agent
Jay Zollars
Commercial One Realty, Inc.
List Price
$157,500
Sold Price
$145,000
Premium/Discount to List
-$12,500
-7.94%
Current Estimated Value
$378,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,721
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Nov 20, 2010
Sold by
Cauffield Jared and Khan Farax
Bought by
Deming Ave Ee Llc

Purchase Details

Closed on
Sep 13, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cauffield Jared and Khan Faraz

Purchase Details

Closed on
Aug 3, 2010
Sold by
Payne Joshua A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 27, 2005
Sold by
Snapp Gregory C and Snapp Michelle A
Bought by
Payne Joshua A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.91%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 19, 2002
Sold by
Thomas Joan J
Bought by
Snapp Gregory C and Snapp Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Average Value
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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
S & W Family Management Llc $145,000 None Available
Deming Ave Ee Llc -- Hummel Titl
Cauffield Jared $88,800 None Available
Federal Home Loan Mortgage Corp $88,000 Attorney
Payne Joshua A $155,000 Landresourc
Snapp Gregory C $110,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed S & W Family Management Llc $116,800
Previous Owner Payne Joshua A $31,000
Previous Owner Snapp Gregory C $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2012 11/20/12 Sold $145,000 -7.9% $74 / Sq Ft
10/21/2012 10/21/12 Pending -- -- --
10/16/2012 10/16/12 For Sale $157,500 -- $81 / 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 $5,493 $119,850 $30,000 $89,850
2023 $5,424 $119,840 $29,995 $89,845
2022 $4,186 $78,760 $17,960 $60,800
2021 $4,193 $78,760 $17,960 $60,800
2020 $4,199 $78,760 $17,960 $60,800
2019 $3,918 $63,010 $14,390 $48,620
2018 $2,917 $63,010 $14,390 $48,620
2017 $3,014 $63,010 $14,390 $48,620
2016 $2,112 $31,080 $6,300 $24,780
2015 $1,922 $31,080 $6,300 $24,780
2014 $1,927 $31,080 $6,300 $24,780
2013 $950 $31,080 $6,300 $24,780
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard Russo

    Art Russo, REALTORS

  • J

    Buyer's Agent in 2012

    Jay Zollars

    Commercial One Realty, Inc.

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212034596

Columbus and Central Ohio Regional MLS

APN: 010-023324

Ohio Franklin County Columbus 43202 Old North Columbus

2525 Deming Ave Unit 527, Columbus, OH

This home is located at 2525 Deming Ave Unit 527, Columbus, OH 43202 since 16 October 2012 and is currently estimated at $378,721, approximately $194 per square foot. This property was built in 1920. 2525 Deming Ave Unit 527 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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