NOT LISTED FOR SALE

253 S Wayne Ave Columbus, OH 43204

Central Hilltop Neighborhood

Estimated Value: $206,426 - $239,000

6 Beds
2 Baths
2,184 Sq Ft
$101/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $59,000 $27 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $1,509/month

113 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating System
  • Garage

About This Home

As of November 2018

Townhouse style duplex with plenty of potential. Both sides are currently rented offering positive cash flow. Long term tenants at $550/mo. Plenty of room to increase cash flow by increasing the rents with updates to the property. Tenants rights apply Do Not Disturb Tenants!

Last Agent to Sell the Property

Jesse Snodgrass

Coldwell Banker Realty Listed on: 07/12/2018

Last Buyer's Agent

Drew Laughlin

RealtyOhio Real Estate License #2012000683

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $862

Year Built

  • Built in 1925

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Garage

Interior Spaces

  • 2,184 Sq Ft Home
  • Fireplace
  • Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 010-015878

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $862
  • Gross Income $13,200
  • Net Operating Income $12,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$862

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2017
  • Lot Size Acres: 0.12
  • Total Gross Income: 13200.0
  • Co List Office Phone: 614-889-0808
  • MLS Status: Closed
  • Subdivision Name: BELLAIRE
  • Income Expenses Gross Income: 13200.0
  • Annual Expenses: 862.26
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2184.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features 2 Car Garage2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-015878
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12337.74
  • Annual Operating Expense: 862.26

Tax Info

  • Tax Annual Amount: 862.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Revah Ohio 2 Llc
Bought by
Revah Ohio 2A Llc
Current Estimated Value
$221,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,958,000
Outstanding Balance
$1,877,184
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$1,658,763

Purchase Details

Closed on
Dec 14, 2021
Sold by
253 S Wayne Llc
Bought by
Revah Ohio 2 Llc

Purchase Details

Closed on
Dec 6, 2021
Sold by
253 S Wayne Llc
Bought by
Revah Ohio 2 Llc

Purchase Details

Closed on
Mar 19, 2019
Sold by
Garcia Jerome and Mckeiver Janet
Bought by
253 S Wayne Llc

Purchase Details

Listed on
Jul 12, 2018
Closed on
Dec 5, 2018
Sold by
Wide Water Properties Llc
Bought by
Garcia Jerome and Mckeiver Janet
Seller's Agent
Jesse Snodgrass
Coldwell Banker Realty
Buyer's Agent
Drew Laughlin
RealtyOhio Real Estate
List Price
$74,900
Sold Price
$59,000
Premium/Discount to List
-$15,900
-21.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%
Original Mortgage
$44,250
Interest Rate
4.81%

Purchase Details

Closed on
Jun 9, 2009
Sold by
Comstock Troy C and Comstock Jill E
Bought by
Wide Water Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Bank Of New York
Bought by
Comstock Troy C and Comstock Jill E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,910
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2007
Sold by
Richards Scott B
Bought by
Bank Of New York and Certificateholders Cwabs Inc Asset Backe

Purchase Details

Closed on
Jun 24, 2005
Sold by
Glass Zona M
Bought by
Richards Scott B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
7.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 1994
Sold by
Lewis Marceo R
Bought by
Glass Zona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
8.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 1992

Purchase Details

Closed on
Aug 9, 1989
Source: Public Records

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
Revah Ohio 2A Llc -- Servicelink
Revah Ohio 2 Llc $160,000 Landsel Title Agency
Revah Ohio 2 Llc $160,000 Landsel Title Agency Inc
253 S Wayne Llc -- None Available
Garcia Jerome $59,000 --
Wide Water Properties Llc -- Service Tit
Comstock Troy C $47,900 Resource T
Bank Of New York $60,000 None Available
Richards Scott B $96,900 Talon Group
Glass Zona M $65,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revah Ohio 2A Llc $1,958,000
Previous Owner Garcia Jerome $44,250
Previous Owner Garcia Jerome --
Previous Owner Wide Water Properties Llc $275,000
Previous Owner Comstock Troy C $42,910
Previous Owner Richards Scott B $96,900
Previous Owner Glass Zona M $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $59,000 -21.2% $27 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $74,900 -- $34 / 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 $4,097 $59,850 $5,950 $53,900
2023 $2,709 $59,850 $5,950 $53,900
2022 $1,228 $23,110 $2,980 $20,130
2021 $1,230 $23,110 $2,980 $20,130
2020 $1,232 $23,110 $2,980 $20,130
2019 $1,198 $19,260 $2,490 $16,770
2018 $855 $13,870 $2,490 $11,380
2017 $862 $13,870 $2,490 $11,380
2016 $933 $13,730 $4,240 $9,490
2015 $849 $13,730 $4,240 $9,490
2014 $851 $13,730 $4,240 $9,490
2013 $494 $16,135 $4,970 $11,165
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jesse Snodgrass

    Coldwell Banker Realty

  • Drew Laughlin

    Buyer's Agent in 2018

    Drew Laughlin

    RealtyOhio Real Estate

    (614) 806-8099

    47 Total Sales

    Drew Laughlin
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218022083

Columbus and Central Ohio Regional MLS

APN: 010-015878

Ohio Franklin County Columbus 43204 Central Hilltop

253 S Wayne Ave, Columbus, OH

This home is located at 253 S Wayne Ave, Columbus, OH 43204 since 12 July 2018 and is currently estimated at $221,357, approximately $101 per square foot. This property was built in 1925. 253 S Wayne Ave is a home located in Franklin County with nearby schools including Burroughs Elementary School, Hilltonia Middle School, and Briggs High School.

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.

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