NOT LISTED FOR SALE

Estimated Value: $326,000 - $458,000

-- Bed
-- Bath
3,532 Sq Ft
$111/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $222,500 $63 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,608/month

2 Days on Market

About This Home

As of July 2019

Fully occupied 4 unit townhouse style apartment available in Westerville Schools. All units have long term tenants. Each unit has 2 bedrooms and 1 full bath. Take advantage of this rare opportunity to own a multi-unit in Westerville Schools with Columbus taxes. Great location and easy to rent with many upgrades: 2019 new hot water tanks in 3 units, newer furnace in 1 unit, nearly all new windows throughout, new parking lot 2011. Curb offers only, please do not disturb tenants. Priced to sell with great profit potential.

Last Agent to Sell the Property

James D'Amico

Coldwell Banker Realty Listed on: 07/10/2019

Last Buyer's Agent

James D'Amico

Coldwell Banker Realty Listed on: 07/10/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,545

Year Built

  • Built in 1980

Lot Details

  • 0.27

Home Design

  • 3,532 Sq Ft Home
  • Frame Construction
  • Stucco

Parking

  • 8 Parking Spaces
  • Common or Shared Parking

Additional Features

  • Washer and Dryer Hookup
  • 0.27 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 600-246908-00

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $6,500
  • Gross Income $21,780
  • Net Operating Income $15,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,545

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1980
  • Tax Year: 2019
  • Lot Size Acres: 0.27
  • Total Gross Income: 21780.0
  • Co List Office Phone: 614-880-0808
  • MLS Status: Closed
  • Income Expenses Gross Income: 21780.0
  • Annual Expenses: 6500.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3532.0
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • Parking Features Common: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: WESTERVILLE CSD 2514 FRA CO.

Lot Info

  • Parcel Number: 600-246908-00
  • Lot Size Sq Ft: 11761.2

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 15280.0
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 4545.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2019
Closed on
Jul 19, 2019
Sold by
Jt Properties Of Ohio Llc
Bought by
Mvn Properties And Development Llc
Seller's Agent
James D'Amico
Coldwell Banker Realty
Buyer's Agent
James D'Amico
Coldwell Banker Realty
List Price
$204,900
Sold Price
$222,500
Premium/Discount to List
$17,600
8.59%
Current Estimated Value
$391,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,967
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Aug 29, 2011
Sold by
First Federal Savings & Loan Association
Bought by
Jt Properties Of Ohio Llc

Purchase Details

Closed on
Jun 10, 2011
Sold by
Wilson Allen and Case #09-Cve-06-9474
Bought by
First Fsla Of Newark

Purchase Details

Closed on
Nov 7, 2001
Sold by
Bank One Na
Bought by
Wilson Allen and Gill Wilson Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2001
Sold by
Bank Ohio Na
Bought by
Jones John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2001
Sold by
Tweedy Alfred D and Bank One National Assn
Bought by
Bank One National Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.6%
Mortgage Type
Commercial
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
Mvn Properties And Development Llc $222,500 None Available
Jt Properties Of Ohio Llc $122,000 Attorney
First Fsla Of Newark $80,000 None Available
Wilson Allen $129,900 Ohio Title Agency
Jones John E $143,755 Ohio Title Agency
Bank One National Assn $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Allen $128,000
Previous Owner Jones John E $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $222,500 +8.6% $63 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $204,900 -- $58 / 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 $6,400 $89,320 $18,270 $71,050
2023 $6,202 $89,320 $18,270 $71,050
2022 $6,333 $77,880 $8,120 $69,760
2021 $6,381 $77,880 $8,120 $69,760
2020 $5,481 $68,110 $9,730 $58,380
2019 $4,607 $56,770 $8,120 $48,650
2018 $4,679 $56,770 $8,120 $48,650
2017 $4,557 $56,770 $8,120 $48,650
2016 $4,816 $56,000 $8,120 $47,880
2015 $4,813 $56,000 $8,120 $47,880
2014 $4,849 $56,000 $8,120 $47,880
2013 $2,395 $56,000 $8,120 $47,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219024971

Columbus and Central Ohio Regional MLS

APN: 600-246908