NOT LISTED FOR SALE

2764 Independence Way Unit 766 Grove City, OH 43123

Estimated Value: $330,000 - $350,000

4 Beds
4 Baths
2,080 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 17, 2015

Last sale price $125,000 $60 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,331/month

2 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of August 2015

Great opportunity for an investment in Grove City. Both sides are currently rented for $750 a month. One is month to month and the other is in the middle of their lease. Each unit has 2 bedrooms, 1 1/2 baths with basements. Each unit has a back deck that backs to woods. Great culdesac lot. Tenants pay all utilities including water, sewer, & trash. Tenant Rights apply, 24 hour notice for showings.

Last Agent to Sell the Property

Constance Parrett

Cutler Real Estate License #0000256288 Listed on: 07/23/2015

Cutler Real Estate

Last Buyer's Agent

Jon Roach

Chris Roach Real Estate License #0000332811

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 10,454

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,080 Sq Ft Home
  • Fireplace
  • Basement

Additional Features

  • 10,454 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 040-005358

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,152
  • Gross Income $18,000
  • Net Operating Income $13,848

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1979
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.24
  • Total Gross Income: 18000.0
  • Co List Office Phone: 614-875-7400
  • MLS Status: Closed
  • Income Expenses Gross Income: 18000.0
  • Annual Expenses: 4152.0
  • General Property Info Building Sq Ft: 2080.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Heat Fuel Electric4: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features 1 Car Garage2: Yes

Utilities

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

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 040-005358
  • Lot Size Sq Ft: 10454.4
  • Additional Parcels: No
  • Zoning Description: Residenial

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13848.0
  • Annual Operating Expense: 4152.0

Tax Info

  • Tax Annual Amount: 3352.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
B J R Company Inc
Bought by
Roach Berkley J and The Berkley J Roach Revocable
Current Estimated Value
$339,789

Purchase Details

Listed on
Jul 23, 2015
Closed on
Aug 17, 2015
Sold by
Wright Karen W and Knott Carol J
Bought by
B J R Co Inc
Seller's Agent
Constance Parrett
Cutler Real Estate
Buyer's Agent
Jon Roach
Chris Roach Real Estate
List Price
$144,900
Sold Price
$125,000
Premium/Discount to List
-$19,900
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Aug 28, 2001
Sold by
Nolan Betty J
Bought by
Nolan Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
6.97%

Purchase Details

Closed on
Sep 17, 2000
Sold by
Nolan Betty J and Jean Betty
Bought by
Nolan Betty J and Betty J Nolan Trust

Purchase Details

Closed on
Apr 5, 1985
Bought by
Nolan Betty J
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
Roach Berkley J $400,000 Pm Title
B J R Co Inc $125,000 First Ohio Title Ins Box
Nolan Betty J -- Ati Title Agency Of Ohio Inc
Nolan Betty J -- Ati Title Agency Of Ohio Inc
Nolan Betty J -- --
Nolan Betty J $77,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolan Betty J $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2015 08/17/15 Sold $125,000 -13.7% $60 / Sq Ft
07/22/2015 07/22/15 For Sale $144,900 -- $70 / 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 $6,624 $95,310 $24,080 $71,230
2023 $4,375 $95,305 $24,080 $71,225
2022 $3,564 $57,090 $13,230 $43,860
2021 $3,633 $57,090 $13,230 $43,860
2020 $3,623 $57,090 $13,230 $43,860
2019 $3,259 $47,570 $11,030 $36,540
2018 $3,299 $47,570 $11,030 $36,540
2017 $3,294 $47,570 $11,030 $36,540
2016 $3,349 $44,980 $8,330 $36,650
2015 $3,350 $44,980 $8,330 $36,650
2014 $3,352 $44,980 $8,330 $36,650
2013 $1,584 $44,975 $8,330 $36,645
Source: Public Records

Agents Affiliated with this Home

  • Constance Parrett

    Seller's Agent in 2015

    Constance Parrett

    Cutler Real Estate

    (614) 361-4018

    134 in this area

    275 Total Sales

    Constance Parrett
    Section Image
  • Jon Roach

    Buyer's Agent in 2015

    Jon Roach

    Chris Roach Real Estate

    (614) 539-1234

    49 in this area

    60 Total Sales

    Jon Roach
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215026459

Columbus and Central Ohio Regional MLS

APN: 040-005358

Ohio Franklin County Grove City 43123

2764 Independence Way Unit 766, Grove City, OH

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