NOT LISTED FOR SALE

2823 Vanderberg Ave Unit 825 Columbus, OH 43204

Brookshire Neighborhood

Estimated Value: $177,000 - $186,000

4 Beds
2 Baths
1,612 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $175,000 $109 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,145/month

10 Days on Market

About This Home

As of November 2024

Here's your next BRRRR/fixer upper opportunity! Each unit has 2 bedrooms and 1 full bathroom. Unit 2823 is rented at $700/month and unit 2825 is rented at $660/month. Both tenants are M2M. Market rents in the area show $900-1000/mo so you can hit the 1% rule and positive cash flow right away. If you put a bit of work into this one, it'll be a cash cow! Curb offers only, please do not disturb tenants.

Last Agent to Sell the Property

Jimmy Lieu

Swiss Realty LTD License #2023000087 Listed on: 09/20/2024

Last Buyer's Agent

Byron Diaz

NextHome Experience License #2015003951

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1953

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • Duplex
  • Vinyl Siding

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-071120-00

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,320
  • Net Operating Income $16,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,296

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1953
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 16320.0
  • Co List Office Phone: 317-491-8756
  • MLS Status: Closed
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 16320.0
  • Heat Fuel Gas4: Yes
  • Air Conditioning None3: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-071120-00
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 16320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 18, 2024
Sold by
Geary Michael Stephen
Bought by
Lupafa Llc
Seller's Agent
Jimmy Lieu
Swiss Realty LTD
Buyer's Agent
Byron Diaz
NextHome Experience
List Price
$175,000
Sold Price
$175,000
Views
15
Current Estimated Value
$181,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,111
Avg. Annual Appreciation
3.32%
Original Mortgage
$140,000
Outstanding Balance
$138,454
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$42,657

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jan 31, 2024
Sold by
Elizabeth L Graham Trust
Bought by
Geary Michael Stephen
Seller's Agent
Charles Collins
Red 1 Realty
Buyer's Agent
Brandon Goldsmith
Reafco
List Price
$170,000
Sold Price
$158,000
Premium/Discount to List
-$12,000
-7.06%
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%
Original Mortgage
$118,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2020
Sold by
Graham Michael E
Bought by
Graham Elizabeth L and The Elizabeth L Graham Trust

Purchase Details

Closed on
Dec 12, 1979
Bought by
Graham Michael E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lupafa Llc $175,000 Crown Search Box
Geary Michael Stephen $158,000 Title Connect Agency
Graham Elizabeth L $56,700 None Available
Graham Michael E $33,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lupafa Llc $140,000
Previous Owner Geary Michael Stephen $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $175,000 0.0% $109 / Sq Ft
09/20/2024 09/20/24 For Sale $175,000 +10.8% $109 / Sq Ft
02/20/2024 02/20/24 Sold $158,000 -7.1% $98 / Sq Ft View Prior Sale
01/26/2024 01/26/24 For Sale $170,000 -- $105 / 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 $2,296 $50,090 $6,620 $43,470
2023 $2,267 $50,085 $6,615 $43,470
2022 $1,267 $23,840 $6,200 $17,640
2021 $1,269 $23,840 $6,200 $17,640
2020 $1,271 $23,840 $6,200 $17,640
2019 $1,234 $19,850 $5,150 $14,700
2018 $1,187 $19,850 $5,150 $14,700
2017 $1,234 $19,850 $5,150 $14,700
2016 $1,253 $18,450 $3,960 $14,490
2015 $1,141 $18,450 $3,960 $14,490
2014 $1,144 $18,450 $3,960 $14,490
2013 $664 $21,700 $4,655 $17,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224033023

Columbus and Central Ohio Regional MLS

APN: 010-071120