NOT LISTED FOR SALE

262 S Chase Ave Columbus, OH 43204

Westgate Neighborhood

Estimated Value: $247,000 - $297,666

4 Beds
2 Baths
2,020 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $115,000 $57 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,754/month

2 Days on Market

About This Home

As of August 2021

Spacious brick duplex with shared basement. This duplex, within walking distance of Westgate Park.. 2 bedroom one bath unit up and 2 bedroom one bath down. Both units feature over a 1000 sq/ft of living space and you certainly can feel the size Lower unit showings via CSS (under renovation right now ). upper unit leased at $600 /month to month and can be shown with accepted contract/notice. There are storage rooms in basement with Washer hookups. Great investment opportunity as Westgate's influence grows! Rent is lower than area's average. Rent's could be in the $700 range. Being offered for sale in as-is condition and priced accordingly for the work needed.

Last Agent to Sell the Property

Natalya Simakovskaya

Key Realty License #446029 Listed on: 07/13/2021

Last Buyer's Agent

Rami Tamimi

Coldwell Banker Realty License #2011002174

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 2,020 Sq Ft Home

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 010-185124

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,200
  • Gross Income $7,200
  • Net Operating Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,495

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1948
  • Tax Year: 2020
  • Lot Size Acres: 0.14
  • Total Gross Income: 7200.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Subdivision Name: Westgate Park
  • Income Expenses Gross Income: 7200.0
  • Annual Expenses: 1200.0
  • General Property Info Building Sq Ft: 2020.0
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-185124
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 6000.0
  • Annual Operating Expense: 1200.0

Tax Info

  • Tax Annual Amount: 1495.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jul 30, 2021
Sold by
Evbrbd Real Estate Inc
Bought by
Ram Square Properties Llc
Seller's Agent
Natalya Simakovskaya
Key Realty
Buyer's Agent
Rami Tamimi
Coldwell Banker Realty
List Price
$109,900
Sold Price
$115,000
Premium/Discount to List
$5,100
4.64%
Current Estimated Value
$262,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,417
Avg. Annual Appreciation
22.00%

Purchase Details

Closed on
Feb 14, 2019
Sold by
Tiba Investments Llc
Bought by
Evbrbd Real Estate Inc

Purchase Details

Closed on
Dec 21, 2017
Sold by
Thbi Invemnstments Llc
Bought by
Tba Investments Llc

Purchase Details

Closed on
May 18, 2017
Sold by
Joshua Resource Group Llc
Bought by
Tib1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 17, 2007
Sold by
American General Financial Services Inc
Bought by
Thomas Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,400
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2006
Sold by
Hall David G and Hall David
Bought by
American General Financial Services Inc

Purchase Details

Closed on
Aug 21, 1995
Sold by
Palmer James R
Bought by
David G Hall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,863
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1991

Purchase Details

Closed on
Aug 1, 1980
Source: Public Records

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
Ram Square Properties Llc $115,000 Chicago Title Worthington
Evbrbd Real Estate Inc $84,000 Fore Title
Tba Investments Llc -- Four Title
Tib1 Llc $47,000 None Available
Thomas Timothy L $45,500 Talon Group
American General Financial Services Inc $48,000 Foundation
David G Hall $53,900 --
-- $48,000 --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Investmentes Tiba $1,000,000
Previous Owner Tiba Investments Llc $0
Previous Owner Tib1 Llc $4,580
Previous Owner Thomas Timothy L $56,000
Previous Owner Thomas Timothy L $36,400
Previous Owner David G Hall $52,863
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $115,000 +4.6% $57 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $109,900 -- $54 / 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 $3,664 $79,940 $22,820 $57,120
2023 $3,618 $79,940 $22,820 $57,120
2022 $1,490 $28,040 $7,840 $20,200
2021 $1,493 $28,040 $7,840 $20,200
2020 $1,495 $28,040 $7,840 $20,200
2019 $1,617 $26,010 $6,550 $19,460
2018 $1,272 $18,210 $6,550 $11,660
2017 $1,212 $18,210 $6,550 $11,660
2016 $1,616 $22,190 $6,370 $15,820
2015 $1,373 $22,190 $6,370 $15,820
2014 $1,376 $22,190 $6,370 $15,820
2013 $754 $24,640 $7,070 $17,570
Source: Public Records

Agents Affiliated with this Home

  • Natalya Simakovskaya

    Seller's Agent in 2021

    Natalya Simakovskaya

    Key Realty

    (614) 496-4846

    2 in this area

    115 Total Sales

    Natalya Simakovskaya
    Section Image
  • Rami Tamimi

    Buyer's Agent in 2021

    Rami Tamimi

    Coldwell Banker Realty

    (614) 804-6867

    1 in this area

    133 Total Sales

    Rami Tamimi
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221025869

Columbus and Central Ohio Regional MLS

APN: 010-185124

Ohio Franklin County Columbus 43204 Westgate

262 S Chase Ave, Columbus, OH

This home is located at 262 S Chase Ave, Columbus, OH 43204 since 13 July 2021 and is currently estimated at $262,417, approximately $129 per square foot. This property was built in 1948. 262 S Chase Ave is a home located in Franklin County with nearby schools including Westgate Alternative Elementary School, Westmoor Middle School, and West High School.

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