NOT LISTED FOR SALE

Estimated Value: $422,000 - $494,000

6 Beds
2 Baths
2,360 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $325,000 $138 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,307/month

5 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 4-minute walk to Glen Echo Park

About This Home

As of June 2018

Fantastic 2-unit in the heart of Columbus! Located near Glen Echo Park in Clintonville. Great investment opportunity. 2571 has an active lease $1095 per month. 2573 is owner occupied. The owners have made several updates including 2 high efficiency furnaces and central air units. Each side has 3 bedrooms 1 bath, full basement, full walk up attics, original hardwood floors, fireplace mantels, front porches, backyard with patio, storage shed and 2 off street parking spots. Great opportunity in a wonderful neighborhood.

Last Listed By

Jason Epp

Fathom Realty Ohio Listed on: 05/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,685

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,360 Sq Ft Home
  • Fireplace
  • Basement

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-035681

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,118
  • Gross Income $13,140
  • Net Operating Income $9,022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,685

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1918
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 13140.0
  • Co List Office Mls Id: 10455
  • Co List Office Phone: 888-455-6040
  • Co List Office Phone: 888-455-6040
  • MLS Status: Closed
  • Subdivision Name: Glen Echo Park
  • Income Expenses Gross Income: 13140.0
  • Annual Expenses: 4117.72
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2360.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Owner Pays Water4: 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: 010-035681
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9022.28
  • Annual Operating Expense: 4117.72

Tax Info

  • Tax Annual Amount: 4685.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Teti Roy A
Bought by
Rtc Legacy Properties Llc
Total Days on Market
5
Current Estimated Value
$457,495

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 22, 2018
Sold by
Allen Gregory Andrew and Allen Emily Rhea
Bought by
Teti Roy A and Teti Christine E
Seller's Agent
Jason Epp
Fathom Realty Ohio
Buyer's Agent
Sue Van Woerkom
Keller Williams Capital Ptnrs
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Jan 15, 2016
Sold by
Warner Thomas P
Bought by
Allen Gregory Andrew and Allen Emily Rhea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 28, 1977
Bought by
Warner Thomas P

Range of Values:

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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
Rtc Legacy Properties Llc -- None Available
Teti Roy A $320,000 None Available
Allen Gregory Andrew $235,000 Independent Title Srvs Inc
Warner Thomas P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Gregory Andrew $230,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Sold $325,000 +1.6% $138 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $320,000 -- $136 / 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 $9,251 $135,140 $36,470 $98,670
2023 $6,116 $135,135 $36,470 $98,665
2022 $19,198 $112,010 $20,690 $91,320
2021 $5,963 $112,010 $20,690 $91,320
2020 $5,972 $112,010 $20,690 $91,320
2019 $6,965 $112,010 $20,690 $91,320
2018 $4,549 $75,500 $20,690 $54,810
2017 $4,797 $75,500 $20,690 $54,810
2016 $4,909 $72,250 $16,350 $55,900
2015 $4,469 $72,250 $16,350 $55,900
2014 $4,480 $72,250 $16,350 $55,900
2013 $2,105 $68,810 $15,575 $53,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218017894

Columbus and Central Ohio Regional MLS

APN: 010-035681