NOT LISTED FOR SALE

2551 Woodsedge Rd Unit 553 Columbus, OH 43224

Walnut Creek Neighborhood

Estimated Value: $184,000 - $267,582

6 Beds
4 Baths
1,984 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $87,000 $44 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,460/month

80 Days on Market

About This Home

As of January 2016

Great opportunity! Unit 2551 was remodeled in 2012. Offers 3 bedrooms, 1.5 baths, updated kitchen & baths-ceramic tile in entry, kitchen & baths, central air, rents was $775 currently $715
Unit 2553 is 2 bedrooms, 1.5 baths with ceramic tile in full bath-Both units offer a full basement, tenants pay all utilities, both long term tenants, fenced backyard & concrete patios.

Last Agent to Sell the Property

Sheri Foster

Keller Williams Greater Cols License #428730 Listed on: 08/19/2015

Keller Williams Greater Cols

Last Buyer's Agent

PHYLLIS WAGNER

Wagner Williams Realty, Ltd. License #2006002742

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 9,583

Home Design

  • 1,984 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Stucco

Parking

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

Additional Features

  • Washer and Dryer Hookup
  • 9,583 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-167695

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,500
  • Gross Income $16,380
  • Net Operating Income $12,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1975
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.22
  • Total Gross Income: 16380.0
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Income Expenses Gross Income: 16380.0
  • Annual Expenses: 3500.0
  • General Property Info Building Sq Ft: 1984.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-167695
  • Lot Size Sq Ft: 9583.2

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12880.0
  • Annual Operating Expense: 3500.0

Tax Info

  • Tax Annual Amount: 2707.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2015
Closed on
Jan 7, 2016
Sold by
Colson Harry T
Bought by
Walsh Penny E
Seller's Agent
Sheri Foster
Keller Williams Greater Cols
Buyer's Agent
PHYLLIS WAGNER
Wagner Williams Realty, Ltd.
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%
Current Estimated Value
$224,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,146
Avg. Annual Appreciation
10.22%
Original Mortgage
$85,424
Outstanding Balance
$67,469
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$156,677

Purchase Details

Closed on
May 22, 1996
Sold by
Bayless Barbara A
Bought by
Colson Harry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,290
Interest Rate
8.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 1991

Purchase Details

Closed on
Sep 6, 1990
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
Walsh Penny E $87,000 Attorney
Colson Harry T $73,900 --
-- $52,900 --
-- $52,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Penny E $85,424
Previous Owner Colson Harry T $72,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2016 01/07/16 Sold $87,000 -12.9% $44 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
08/17/2015 08/17/15 For Sale $99,900 -- $50 / 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 $3,260 $71,130 $16,490 $54,640
2023 $3,219 $71,130 $16,490 $54,640
2022 $2,225 $41,860 $8,750 $33,110
2021 $2,229 $41,860 $8,750 $33,110
2020 $2,232 $41,860 $8,750 $33,110
2019 $2,083 $33,500 $7,000 $26,500
2018 $1,879 $33,500 $7,000 $26,500
2017 $2,133 $33,500 $7,000 $26,500
2016 $1,843 $27,130 $6,440 $20,690
2015 $1,678 $27,130 $6,440 $20,690
2014 $1,682 $27,130 $6,440 $20,690
2013 $976 $31,920 $7,595 $24,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215030189

Columbus and Central Ohio Regional MLS

APN: 010-167695