NOT LISTED FOR SALE

281 Myrtle Dr Unit 283 Westerville, OH 43081

Estimated Value: $316,270 - $418,000

4 Beds
2 Baths
1,665 Sq Ft
$210/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $142,500 $86 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,218/month

33 Days on Market

About This Home

As of January 2018

BACK ON MARKET! Two charming 2-bedroom 2-level units in Westerville Schools! Living room, galley kitchen, eat space, full bath, bedroom and utility room all on entry level and private 2nd floor bedroom w/ hardwood floors under carpet. Each unit also has covered porch area, 2 off-street parking spots, and fenced yard. 283 furnace & hot water tank 2013, roof 2010. Tenants Rights - CURB OFFERS ONLY.

Last Agent to Sell the Property

Matthew Eisert

Key Realty License #405024 Listed on: 12/22/2017

Key Realty

Last Buyer's Agent

Matthew Eisert

Key Realty License #405024 Listed on: 12/22/2017

Key Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • 1,665 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 080-002807

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,363
  • Gross Income $18,600
  • Net Operating Income $4,238

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1960
  • Tax Year: 2016
  • Lot Size Acres: 0.24
  • Total Gross Income: 18600.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Subdivision Name: Parkwood Manor
  • Income Expenses Gross Income: 18600.0
  • Annual Expenses: 14363.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1665.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: 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:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: WESTERVILLE CSD 2514 FRA CO.

Lot Info

  • Parcel Number: 080-002807
  • Lot Size Sq Ft: 10454.4
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 4238.0
  • Annual Operating Expense: 14363.0

Tax Info

  • Tax Annual Amount: 3826.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2017
Closed on
Jan 12, 2018
Sold by
Hayes Robert W and Gibboney Steward
Bought by
Mdn Development Llc
Seller's Agent
Matthew Eisert
Key Realty
Buyer's Agent
Matthew Eisert
Key Realty
List Price
$178,000
Sold Price
$142,500
Premium/Discount to List
-$35,500
-19.94%
Current Estimated Value
$348,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,318
Avg. Annual Appreciation
12.16%

Purchase Details

Listed on
Aug 8, 2012
Closed on
Mar 8, 2013
Sold by
Gerardi John E and Gerardi Jennifer L
Bought by
Hayes Robert W
Seller's Agent
Patricia Kearns-Davis
RE/MAX Capital Centre
Buyer's Agent
Raymond Hustek
AdvanceRealty Ray Hustek&Assoc
List Price
$129,900
Sold Price
$128,600
Premium/Discount to List
-$1,300
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$126,270
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2006
Sold by
Gerardi John E and Gerardi Jennifer J
Bought by
Gerardi John E and Gerardi Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,700
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 1997
Sold by
Wohlfarth Barbara E
Bought by
Gerardi John E and Gerardi Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 1991
Source: Public Records

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
Mdn Development Llc $142,500 Amerititle
Hayes Robert W $128,600 None Available
Gerardi John E -- Attorney
Gerardi John E $88,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Robert W $126,270
Previous Owner Gerardi John E $205,700
Previous Owner Gerardi John E $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2018 01/12/18 Sold $142,500 -19.9% $86 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $178,000 +38.4% $107 / Sq Ft
03/08/2013 03/08/13 Sold $128,600 -1.0% $77 / Sq Ft View Prior Sale
02/06/2013 02/06/13 Pending -- -- --
08/08/2012 08/08/12 For Sale $129,900 -- $78 / 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 $4,666 $80,190 $29,820 $50,370
2023 $4,569 $80,185 $29,820 $50,365
2022 $4,333 $58,070 $26,500 $31,570
2021 $4,370 $58,070 $26,500 $31,570
2020 $4,357 $58,070 $26,500 $31,570
2019 $3,973 $49,880 $26,500 $23,380
2018 $3,777 $49,880 $26,500 $23,380
2017 $4,100 $56,530 $26,500 $30,030
2016 $3,826 $45,010 $21,490 $23,520
2015 $3,707 $45,010 $21,490 $23,520
2014 $3,710 $45,010 $21,490 $23,520
2013 $1,878 $45,010 $21,490 $23,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217042627

Columbus and Central Ohio Regional MLS

APN: 080-002807