NOT LISTED FOR SALE

2562 Deming Ave Unit 564 Columbus, OH 43202

Old North Columbus Neighborhood

Estimated Value: $384,000 - $406,000

5 Beds
2 Baths
2,432 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 03, 2018

Last sale price $290,000 $119 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,514/month

13 Days on Market

About This Home

As of August 2018

Turn key investment bring a very high cap rate. Long term tenants in both: 3 bedroom rents for $1125/Month and 2 bedroom rents for $975. Landlord has never raised the rent. Both units are very well maintained. The tenants want to stay. Waiting to sign a new lease with 2 bedroom but the tenants want to stay.

Last Agent to Sell the Property

Aunda Klopfer

Keller Williams Excel Realty Listed on: 06/01/2018

Last Buyer's Agent

Robert Ellis

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • 2,432 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-065114

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $500
  • Gross Income $25,200
  • Net Operating Income $24,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,179

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.06
  • Total Gross Income: 25200.0
  • Co List Office Phone: 614-392-5000
  • MLS Status: Closed
  • Subdivision Name: Clintonville
  • Income Expenses Gross Income: 25200.0
  • Annual Expenses: 500.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2432.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

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: 010-065114
  • Lot Size Sq Ft: 2613.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 24700.0
  • Annual Operating Expense: 500.0

Tax Info

  • Tax Annual Amount: 3179.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2022
Sold by
Haney Jeffrey D
Bought by
Strother Michael Jesse
Current Estimated Value
$395,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,323
Outstanding Balance
$177,952
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$217,103

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 3, 2018
Sold by
Morrison Matthew and Morrison Jennifer
Bought by
Haney Jeffrey D
Seller's Agent
Aunda Klopfer
Keller Williams Excel Realty
Buyer's Agent
Robert Ellis
Key Realty
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$275,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 5, 2013
Closed on
May 29, 2013
Sold by
The Bank Of New York Mellon
Bought by
Morrison Matthew and Morrison Jennifer
Seller's Agent
Joe Armeni
City Center, Realtors
Buyer's Agent
Aunda Klopfer
Howard Hanna Real Estate Svcs
List Price
$147,000
Sold Price
$127,000
Premium/Discount to List
-$20,000
-13.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.35%

Purchase Details

Closed on
Mar 20, 2013
Sold by
Stearns Bonnie L
Bought by
Bank Of New York Mellon and Bank Of New York

Purchase Details

Closed on
Feb 16, 2010
Sold by
Haller Jack R and Haller Bonnie L
Bought by
Oxford Mccoy Llc

Purchase Details

Closed on
Aug 27, 2004
Sold by
Burtch James M
Bought by
Haller Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Alkhatib Khalid Hussain and Alkhatib Ahsan
Bought by
B W Eddy Trust and Burtch James M

Purchase Details

Closed on
Oct 27, 2003
Sold by
Brant Diane A
Bought by
Alkhatib Khalid Hussain

Purchase Details

Closed on
Sep 1, 1981
Bought by
Brant Diane A

Purchase Details

Closed on
Oct 1, 1979
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
Strother Michael Jesse $325,000 Landsel Title Agency
Haney Jeffrey D $290,000 None Available
Morrison Matthew $127,000 None Available
Bank Of New York Mellon $112,000 None Available
Oxford Mccoy Llc -- None Available
Haller Bonnie L $186,000 Castle Titl
B W Eddy Trust $45,000 --
Alkhatib Khalid Hussain -- --
Brant Diane A $30,500 --
-- $25,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strother Michael Jesse $183,323
Previous Owner Haney Jeffrey D $275,500
Previous Owner Haller Bonnie L $148,800
Closed Haller Bonnie L $18,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2018 08/03/18 Sold $290,000 -3.3% $119 / Sq Ft
07/04/2018 07/04/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $300,000 +136.2% $123 / Sq Ft
06/07/2013 06/07/13 Sold $127,000 -13.6% $52 / Sq Ft View Prior Sale
05/08/2013 05/08/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $147,000 -- $60 / 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 $5,226 $115,220 $29,120 $86,100
2023 $5,160 $115,220 $29,120 $86,100
2022 $5,329 $101,500 $10,500 $91,000
2021 $5,339 $101,500 $10,500 $91,000
2020 $5,346 $101,500 $10,500 $91,000
2019 $6,234 $101,500 $10,500 $91,000
2018 $1,587 $51,140 $10,500 $40,640
2017 $3,179 $51,140 $10,500 $40,640
2016 $3,125 $46,000 $6,060 $39,940
2015 $1,423 $46,000 $6,060 $39,940
2014 $2,852 $46,000 $6,060 $39,940
2013 $783 $43,820 $5,775 $38,045
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Aunda Klopfer

    Keller Williams Excel Realty

  • R

    Buyer's Agent in 2018

    Robert Ellis

    Key Realty

  • J

    Seller's Agent in 2013

    Joe Armeni

    RE/MAX

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218019179

Columbus and Central Ohio Regional MLS

APN: 010-065114

Ohio Franklin County Columbus 43202 Old North Columbus

2562 Deming Ave Unit 564, Columbus, OH

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