NOT LISTED FOR SALE

Estimated Value: $382,183

6 Beds
2 Baths
2,000 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $325,000 $162 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,564/month

203 Days on Market

About This Home

As of March 2023

Great investment opportunity to own a classic duplex in the Old North neighborhood of Columbus. It is 100% occupied, close to OSU, shops, restaurants and bus line. This property has 3 bedrooms/1 bath per side with basements, W/D hookups and a fenced in backyard. 2622 is leased at $1,000 through 8/31/23 with long time (18+ yrs) tenant, new furnace 2022. 2624 is leased through 8/31/23 for $1,200 and has newer HWT, newer furnace and new carpet. New roof in 2019. Don't pass up this opportunity.

Last Listed By

Katie Conway

Coldwell Banker Realty License #2018000414 Listed on: 07/27/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,118

Year Built

  • Built in 1925

Lot Details

  • 4,792

Home Design

  • 2,000 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-006558

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $26,400
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,118

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 26400.0
  • Co List Office Phone: 614-451-0808
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 26400.0
  • Annual Expenses: 6000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2000.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-006558
  • Lot Size Sq Ft: 4791.6
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 20400.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 4118.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Feb 10, 2023
Sold by
Tokarsky Linda R and Tokarsky Eugene L
Bought by
Catlett Drew
Seller's Agent
Katie Conway
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$399,000
Sold Price
$325,000
Premium/Discount to List
-$74,000
-18.55%
Total Days on Market
203
Views
65
Current Estimated Value
$382,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,183
Avg. Annual Appreciation
8.97%
Original Mortgage
$243,750
Outstanding Balance
$237,478
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$154,804

Purchase Details

Closed on
Feb 28, 2007
Sold by
Glen Echo Enterprises Inc
Bought by
Tokarsky Eugene L and Tokarsky Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1989
Bought by
Glen Echo Enterprises Inc

Purchase Details

Closed on
May 1, 1986

Purchase Details

Closed on
Aug 1, 1984

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
Catlett Drew $325,000 Associates Title
Tokarsky Eugene L $150,000 Chicago Tit
Glen Echo Enterprises Inc $65,000 --
-- $47,000 --
-- $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catlett Drew $243,750
Previous Owner Tokarsky Linda R $114,300
Previous Owner Tokarsky Eugene L $112,500
Previous Owner Tokarsky Eugene L $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $325,000 -11.0% $163 / Sq Ft
01/13/2023 01/13/23 Price Changed $365,000 -3.7% $183 / Sq Ft
10/25/2022 10/25/22 Price Changed $379,000 -5.0% $190 / Sq Ft
07/27/2022 07/27/22 For Sale $399,000 -- $200 / 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 $5,340 $116,520 $38,400 $78,120
2023 $5,197 $114,840 $38,400 $76,440
2022 $4,111 $77,350 $24,430 $52,920
2021 $4,118 $77,350 $24,430 $52,920
2020 $4,124 $77,350 $24,430 $52,920
2019 $3,700 $59,510 $18,800 $40,710
2018 $3,708 $59,510 $18,800 $40,710
2017 $3,700 $59,510 $18,800 $40,710
2016 $4,088 $60,170 $12,430 $47,740
2015 $3,722 $60,170 $12,430 $47,740
2014 $3,731 $60,170 $12,430 $47,740
2013 $1,752 $57,295 $11,830 $45,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222028056

Columbus and Central Ohio Regional MLS

APN: 010-006558