NOT LISTED FOR SALE

2559 Woodsedge Rd Unit 561 Columbus, OH 43224

Walnut Creek Neighborhood

Estimated Value: $214,000 - $274,651

5 Beds
4 Baths
1,984 Sq Ft
$125/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $130,000 $66 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,609/month

1 Day on Market

About This Home

As of June 2019

Great investment property!!! This lovely duplex features a 3 bedroom unit that rents for $925 a month and a 2 bedroom unit that rents for $791 a month. Great location near Westerville Rd, shopping, restaurants and businesses.

Last Agent to Sell the Property

Richard Russo

Art Russo, REALTORS Listed on: 05/28/2019

Co-Listed By

Jennifer Krohn

Art Russo, REALTORS

Last Buyer's Agent

Mark Dandrea

Relevant Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,959

Year Built

  • Built in 1975

Lot Details

  • 10,019

Home Design

  • 1,984 Sq Ft Home
  • Mixed Use

Parking

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

Additional Features

  • Washer and Dryer Hookup
  • 10,019 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-167696

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,500
  • Gross Income $20,592
  • Net Operating Income $18,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,959

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1975
  • Tax Year: 2017
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.23
  • Total Gross Income: 20592.0
  • Co List Office Mls Id: 07870
  • Co List Office Phone: 614-236-1178
  • Co List Office Phone: 614-236-1178
  • MLS Status: Closed
  • Subdivision Name: Creek Hill
  • Location Property Info List PriceSqFt: 65.47
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 20592.0
  • Annual Expenses: 2500.0
  • General Property Info Building Sq Ft: 1984.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-167696
  • Lot Size Sq Ft: 10018.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 18092.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 1959.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2025
Sold by
Chaams Llc
Bought by
Gadwal Madhuri and Chauhan Satyajit
Current Estimated Value
$247,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,400
Outstanding Balance
$153,400
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$94,263

Purchase Details

Closed on
Dec 6, 2022
Sold by
Gadwal Madhuri S
Bought by
Chaams Llc

Purchase Details

Closed on
Nov 7, 2022
Sold by
Gadwal Madhuri S
Bought by
Chaams Llc

Purchase Details

Listed on
May 28, 2019
Closed on
Jun 27, 2019
Sold by
Danforth Ellis Properties Llc
Bought by
Gadwal Madhuri
Seller's Agent
Richard Russo
Art Russo, REALTORS
Buyer's Agent
Mark Dandrea
Relevant Realty LLC
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$97,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2012
Closed on
Oct 17, 2012
Sold by
Fifth Third Mortgage Co
Bought by
Danforth Ellis Properties Llc
Seller's Agent
Kelli Hatfield
Realty Executives Decision
Buyer's Agent
Richard Russo
Art Russo, REALTORS
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.34%
Original Mortgage
$31,920
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 20, 2012
Closed on
Oct 12, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fifth Third Mortgage Co
Seller's Agent
Kelli Hatfield
Realty Executives Decision
Buyer's Agent
Richard Russo
Art Russo, REALTORS
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,920
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 19, 2011
Sold by
Akintomide Olalekan
Bought by
Federalhome Loan Mortgage Corp

Purchase Details

Closed on
Sep 27, 2004
Sold by
Scott Shelva
Bought by
Akintomide Olalekan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,850
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1997
Sold by
Bannon Investment Company
Bought by
Scott Shelva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.68%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 29, 1988

Purchase Details

Closed on
Jan 29, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gadwal Madhuri -- Highmark Title Co
Chaams Llc -- Hampton Title
Chaams Llc -- Hampton Title
Gadwal Madhuri $130,000 Service Title Agency
Danforth Ellis Properties Llc $39,900 None Available
Fifth Third Mortgage Co -- None Available
Federalhome Loan Mortgage Corp $46,000 None Available
Akintomide Olalekan $91,900 Title First
Scott Shelva $70,000 Connor Title Co
-- $53,000 --
-- $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadwal Madhuri $153,400
Previous Owner Gadwal Madhuri $97,500
Previous Owner Danforth Ellis Properties Llc $31,920
Previous Owner Akintomide Olalekan $91,850
Previous Owner Scott Shelva $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $130,000 +0.1% $66 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $129,900 +225.6% $65 / Sq Ft
10/22/2012 10/22/12 Sold $39,900 0.0% $20 / Sq Ft View Prior Sale
09/22/2012 09/22/12 Pending -- -- --
09/19/2012 09/19/12 For Sale $39,900 -- $20 / 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 $3,722 $81,210 $16,630 $64,580
2023 $3,675 $81,210 $16,630 $64,580
2022 $2,093 $39,380 $8,960 $30,420
2021 $2,097 $39,380 $8,960 $30,420
2020 $2,100 $39,380 $8,960 $30,420
2019 $1,959 $31,510 $7,180 $24,330
2018 $1,818 $31,510 $7,180 $24,330
2017 $1,902 $31,510 $7,180 $24,330
2016 $1,846 $27,170 $6,620 $20,550
2015 $1,681 $27,170 $6,620 $20,550
2014 $1,685 $27,170 $6,620 $20,550
2013 $976 $31,920 $7,770 $24,150
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Russo

    Art Russo, REALTORS

  • J

    Seller Co-Listing Agent in 2019

    Jennifer Krohn

    Art Russo, REALTORS

  • M

    Buyer's Agent in 2019

    Mark Dandrea

    Relevant Realty LLC

  • K

    Seller's Agent in 2012

    Kelli Hatfield

    Realty Executives

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219017414

Columbus and Central Ohio Regional MLS

APN: 010-167696

Ohio Franklin County Columbus 43224 Walnut Creek

2559 Woodsedge Rd Unit 561, Columbus, OH

Not Listed for Sale

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