NOT LISTED FOR SALE

2740 Charles Dr Unit 742 Grove City, OH 43123

Estimated Value: $296,201 - $346,000

5 Beds
2 Baths
1,872 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $167,500 $89 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,039/month

3 Days on Market

About This Home

As of June 2018

*MULTIPLE OFFERs RECEIVED* PLEASE SUBMIT YOUR HIGHEST AND BEST OFFER BY SUNDAY 6/10 BY 5PM EST. Excellent Investment opportunity! One 2 bedroom and 1 3 bedroom unit, both rented to new tenants! Rents are $900 and $800/month, both on new leases. Both units have new main front doors and garage doors. 2 Bedroom unit has all new flooring, Vanity, paint. Close access to major freeways as well as historic downtown Grove City. 3 Bedroom unit being renovated for newly acquired tenant, bath vanity, stove, paint, general repairs and cleaning being completed. Seller also cleaning up curb appeal

Last Agent to Sell the Property

Justin Lemaster

Foundation Realty, LLC License #2015002411 Listed on: 06/08/2018

Last Buyer's Agent

Michael Casey

RE/MAX Connection License #410002

RE/MAX Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1985

Lot Details

  • 7,841

Home Design

  • 1,872 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Parking

  • Attached Garage
  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 040-005531

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $13,829
  • Gross Income $15,700
  • Net Operating Income $1,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,520

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1985
  • Tax Year: 2017
  • Lot Size Acres: 0.18
  • Total Gross Income: 15700.0
  • Co List Office Phone: 614-291-3406
  • MLS Status: Closed
  • Income Expenses Gross Income: 15700.0
  • Annual Expenses: 13829.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1872.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Miscellaneous Garages: Yes
  • 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
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features Shared Driveway2: Yes
  • Parking Features On Street2: Yes
  • Parking Features 1 Car Garage2: Yes
  • Parking Features Attached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

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: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 040-005531
  • Lot Size Sq Ft: 7840.8

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1870.0
  • Annual Operating Expense: 13829.0

Tax Info

  • Tax Annual Amount: 3520.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Njjn Properties Llc
Bought by
Charles Drive Properties Llc
Current Estimated Value
$330,300

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jun 27, 2018
Sold by
Vazquez Eduardo and Jeffrey Jill D
Bought by
Njjn Properties Llc
Seller's Agent
Justin Lemaster
Foundation Realty, LLC
Buyer's Agent
Michael Casey
RE/MAX Connection
List Price
$159,900
Sold Price
$167,500
Premium/Discount to List
$7,600
4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%

Purchase Details

Closed on
May 7, 2007
Sold by
Beight Stephen C and Beight Judith C
Bought by
Vazquez Eduardo and Vazquez Jeffrey Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,800
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2001
Sold by
Winkler Xiaoke L and Winkler Richard P
Bought by
Beight Stephen C and Beight Judith C

Purchase Details

Closed on
Dec 18, 1992

Purchase Details

Closed on
Sep 1, 1985
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
Charles Drive Properties Llc -- Carlile Patchen & Murphy Llp
Njjn Properties Llc $162,500 Northwest Title Box
Vazquez Eduardo $128,500 Crown Searc
Beight Stephen C $115,000 Chicago Title
-- $178,000 --
-- $76,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vazquez Eduardo $102,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $167,500 +4.8% $89 / Sq Ft
06/08/2018 06/08/18 For Sale $159,900 -- $85 / 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 $3,720 $79,910 $21,250 $58,660
2023 $3,668 $79,905 $21,245 $58,660
2022 $3,661 $58,630 $9,140 $49,490
2021 $3,731 $58,630 $9,140 $49,490
2020 $3,720 $58,630 $9,140 $49,490
2019 $4,152 $58,630 $9,140 $49,490
2018 $3,753 $42,600 $9,140 $33,460
2017 $3,520 $42,600 $9,140 $33,460
2016 $3,854 $43,230 $9,100 $34,130
2015 $3,869 $43,230 $9,100 $34,130
2014 $3,222 $43,230 $9,100 $34,130
2013 $1,523 $43,225 $9,100 $34,125
Source: Public Records

Agents Affiliated with this Home

  • Justin Lemaster

    Seller's Agent in 2018

    Justin Lemaster

    Foundation Realty, LLC

    (614) 560-1365

    1 in this area

    21 Total Sales

    Justin Lemaster
    Section Image
  • Michael Casey

    Buyer's Agent in 2018

    Michael Casey

    RE/MAX

    (614) 478-2121

    21 in this area

    675 Total Sales

    Michael Casey
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218020632

Columbus and Central Ohio Regional MLS

APN: 040-005531

Ohio Franklin County Grove City 43123

2740 Charles Dr Unit 742, Grove City, OH

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