NOT LISTED FOR SALE

2647 Medary Ave Unit 2647-2649 Columbus, OH 43202

Old North Columbus Neighborhood

Estimated Value: $379,000 - $439,000

6 Beds
2 Baths
2,160 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $150,000 $69 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,563/month

54 Days on Market

About This Home

As of December 2013

Excellent opportunity for owner occupant. Great area North of OSU/ South of Clintonville. New 30 year Dimensional roof 2010, Two New AC units in 2013, Glass block basement windows, 2649 (current rent $800) unit has updated kitchen and bath - tenant will be leaving by the end of November. 2647 is leased at $750 through August '14. Vinyl sided, fenced rear yard with parking area. Nice well maintained units.

Last Listed By

Brian Phillips

RE/MAX Town Center License #354681 Listed on: 11/05/2013

RE/MAX Town Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,160 Sq Ft Home

Parking

  • 2 Parking Spaces
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 010-047598

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $18,600
  • Net Operating Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,484

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2012
  • Lot Size Acres: 0.11
  • Total Gross Income: 18600.0
  • Co List Office Phone: 614-428-7444
  • MLS Status: Closed
  • Income Expenses Gross Income: 18600.0
  • Annual Expenses: 6000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2160.0
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047598
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12600.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 3484.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 24, 2014
Sold by
Tomko Carole W
Bought by
Tomko Michael Alexander
Seller's Agent
Brian Phillips
RE/MAX Town Center
Buyer's Agent
Brian Phillips
RE/MAX Town Center
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%
Total Days on Market
54
Current Estimated Value
$403,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,051
Avg. Annual Appreciation
9.08%
Original Mortgage
$165,000
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 17, 2014
Sold by
Tomko Michael Alexander
Bought by
Mat Holdings Llc
Seller's Agent
Brian Phillips
RE/MAX Town Center
Buyer's Agent
Brian Phillips
RE/MAX Town Center
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 5, 2013
Closed on
Dec 30, 2013
Sold by
Albright Jamie C and Crum Jamie
Bought by
Tomko Carole W
Seller's Agent
Brian Phillips
RE/MAX Town Center
Buyer's Agent
Brian Phillips
RE/MAX Town Center
List Price
$169,900
Sold Price
$150,000
Premium/Discount to List
-$19,900
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.54%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 5, 2006
Sold by
Albright Bryan J
Bought by
Albright Jamie C

Purchase Details

Closed on
Dec 10, 2002
Sold by
Dicenzo Sandra A
Bought by
Albright Bryan J and Albright Jamie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.23%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Wigen Philip E and Wigen Bonnie L
Bought by
Dicenzo Sandra A

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
Tomko Michael Alexander -- Arrow Title Agency
Mat Holdings Llc -- Arrow Title Ag
Tomko Carole W $150,000 Arrow Title Agency
Albright Jamie C -- Worthington
Albright Bryan J $180,200 Worthington Title Agency Inc
Dicenzo Sandra A $63,000 Stewart Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uptown Holdings Limited Llc $2,000,000
Closed Mat Holdings Llc $1,100,000
Closed Mat Holdings Llc $165,000
Previous Owner Albright Bryan J $160,000
Previous Owner Albright Bryan J $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $150,000 -11.7% $69 / Sq Ft
12/01/2013 12/01/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $169,900 -- $79 / 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 $5,091 $111,090 $40,180 $70,910
2023 $5,027 $111,090 $40,180 $70,910
2022 $4,180 $78,650 $22,720 $55,930
2021 $4,187 $78,650 $22,720 $55,930
2020 $4,193 $78,650 $22,720 $55,930
2019 $3,761 $60,490 $17,470 $43,020
2018 $3,501 $60,490 $17,470 $43,020
2017 $3,664 $60,490 $17,470 $43,020
2016 $3,567 $52,500 $11,550 $40,950
2015 $3,247 $52,500 $11,550 $40,950
2014 $3,255 $52,500 $11,550 $40,950
2013 $1,793 $56,980 $10,990 $45,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 213039172

Columbus and Central Ohio Regional MLS

APN: 010-047598