NOT LISTED FOR SALE

287-289 N Burgess Ave Unit 9 Columbus, OH 43204

North Hilltop Neighborhood

Estimated Value: $216,000 - $319,000

6 Beds
2 Baths
2,352 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $185,000 $79 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,698/month

59 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Holton Park

About This Home

As of August 2022

GREAT INVESTMENT OPPORTUNITY IN QUIET, APPRECIATING NEIGHBORHOOD! WELL MAINTAINED DUPLEX WITH BRAND NEW ROOF AND GUTTERS, ORIGINAL HARDWOOD FLOORING, UPDATED ELECTRIC, PLUMBING, AND MECHANICALS! FEATURING 3 BEDROOMS, 1-1/2 BATHROOMS PER SIDE, FULL BASEMENT PER SIDE. 2 CAR DETACHED GARAGE. A/C ON 289 BURGESS. BOTH SIDES HAVE MONTH TO MONTH TENANTS PAYING 975 MO. TENANTS PAY ALL UTILITIES.
APPRECIATING RENTAL MARKET OF 1,250 OR MORE PER MONTH PER SIDE WOULD TRULY MAKE THIS A GREAT PROPERTY TO ADD TO YOUR PORTFOLIO! PROPERTY TO BE SOLD IN AS IS CONDITION!
CURB OFFERS ONLY,
UPON ACCEPTANCE OF OFFER WILL BUYERS BE ABLE TO INSPECT PROPERTY. PLEASE DO NOT DISTURB TENANTS.

Last Listed By

Mark Fleming

Red 1 Realty License #2017002449 Listed on: 07/02/2022

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,352 Sq Ft Home

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-044049

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,598
  • Gross Income $23,400
  • Net Operating Income $20,802

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,548

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1922
  • Tax Year: 2021
  • Lot Size Acres: 0.13
  • Total Gross Income: 23400.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 23400.0
  • Annual Expenses: 2598.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2352.0
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-044049
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 20802.0
  • Annual Operating Expense: 2598.0

Tax Info

  • Tax Annual Amount: 1548.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2023
Sold by
Mbusa Llc
Bought by
H & R Texas Investments I Llc
Total Days on Market
59
Current Estimated Value
$252,854

Purchase Details

Listed on
Jul 2, 2022
Closed on
Jul 29, 2022
Sold by
Leanne Parden
Bought by
Mbusa Llc
Seller's Agent
Mark Fleming
Red 1 Realty
Buyer's Agent
Steven Wilson
Reafco
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Feb 24, 2005
Sold by
Miller Donald C and Miller Phyllis J
Bought by
Parden William and Parden Leanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2000
Sold by
Miller Donald C and Miller Phyllis Jean
Bought by
Parden Leanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 12, 1993
Bought by
Miller Donald C

Purchase Details

Closed on
Aug 26, 1992

Purchase Details

Closed on
Feb 26, 1991

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
H & R Texas Investments I Llc $285,000 Landsel Title Agency
Mbusa Llc $185,000 Pm Title
Parden William $96,300 Chelsea Tit
Parden Leanna $85,000 --
Miller Donald C $56,500 --
-- $62,600 --
-- $19,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parden William $107,350
Previous Owner Parden William $96,300
Previous Owner Parden Leanna $85,000
Previous Owner Miller Donald C $24,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $185,000 -11.9% $79 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $210,000 -4.5% $89 / Sq Ft
07/02/2022 07/02/22 For Sale $220,000 0.0% $94 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/16/2022 06/16/22 Price Changed $220,000 -2.2% $94 / Sq Ft
06/09/2022 06/09/22 For Sale $225,000 0.0% $96 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $225,000 -- $96 / 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 $3,396 $72,800 $5,670 $67,130
2023 $2,429 $51,590 $5,670 $45,920
2022 $1,396 $26,260 $3,050 $23,210
2021 $1,548 $26,260 $3,050 $23,210
2020 $1,550 $26,260 $3,050 $23,210
2019 $1,511 $21,880 $2,560 $19,320
2018 $1,458 $21,880 $2,560 $19,320
2017 $1,410 $21,880 $2,560 $19,320
2016 $1,541 $21,950 $4,270 $17,680
2015 $1,408 $21,950 $4,270 $17,680
2014 $1,361 $21,950 $4,270 $17,680
2013 $839 $25,795 $5,005 $20,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222018109

Columbus and Central Ohio Regional MLS

APN: 010-044049