NOT LISTED FOR SALE
4 Beds
-- Bath
7,167 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: April 3, 2023

Last sale price $725,000 $101 Per Sq Ft

167 Days on Market

About This Home

As of April 2023

Fully leased for '23-'24 term, this value-add four unit investment opportunity in the University District. Core campus location, a short walk to High Street and the Ohio State University. All units feature 3 bedrooms town-homes with 1 bathroom, laundry and off-street parking for six vehicles available. Tenants pay gas, water and electric. Owner pays heating due to building being on boiler system. All electric panels have been recently updated. This in-demand location leaves room for significant rent growth through capital improvements.

Last Agent to Sell the Property

Justin Garland

Buckeye Real Estate License #2019007733 Listed on: 11/15/2022

Last Buyer's Agent

Tana Lantry

Ohio Broker Direct, LLC License #2014005193

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 7,167 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-013811

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $49,827
  • Gross Income $78,660
  • Net Operating Income $31,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2021
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.15
  • Total Gross Income: 78660.0
  • Co List Office Phone: 614-294-5511
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 104.65
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 78660.0
  • Annual Expenses: 49826.92
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 7167.0
  • Miscellaneous Basement2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-013811
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 31531.45
  • Annual Operating Expense: 49826.92

Tax Info

  • Tax Annual Amount: 21352.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 17, 2023
Sold by
Bought by
Seller's Agent
Justin Garland
Buckeye Real Estate
Buyer's Agent
Tana Lantry
Ohio Broker Direct, LLC
List Price
$815,000
Sold Price
$725,000
Premium/Discount to List
-$90,000
-11.04%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Interest Rate
0.065%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 16, 2023
Sold by
Bought by
Seller's Agent
Justin Garland
Buckeye Real Estate
Buyer's Agent
Tana Lantry
Ohio Broker Direct, LLC
List Price
$815,000
Sold Price
$725,000
Premium/Discount to List
-$90,000
-11.04%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Interest Rate
0.065%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 11, 2019
Sold by
Bought by
Seller's Agent
Ryan Cassidy
Northsteppe Realty
Buyer's Agent
Madeline Andrews
RE/MAX Achievers
List Price
$829,000
Sold Price
$810,000
Premium/Discount to List
-$19,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.14%

Purchase Details

Closed on
Dec 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 1986
Bought by

Purchase Details

Closed on
Jan 1, 1979
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Omni Title
$725,000 Omni Title
$810,000 Cornerstone Title Agency Llc
$234,000 --
$90,000 --
$58,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $458,500
Previous Owner $383,000
Previous Owner $396,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2023 04/03/23 Sold $725,000 -3.3% $101 / Sq Ft
02/07/2023 02/07/23 Price Changed $750,000 -8.0% $105 / Sq Ft
09/01/2022 09/01/22 For Sale $815,000 +0.6% $114 / Sq Ft
10/14/2019 10/14/19 Sold $810,000 -2.3% $113 / Sq Ft View Prior Sale
08/28/2019 08/28/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $829,000 -- $116 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $18,959 $255,430 $26,670 $228,760
2024 $18,959 $255,430 $26,670 $228,760
2023 $18,659 $255,430 $26,670 $228,760
2022 $21,261 $283,510 $15,580 $267,930
2021 $21,352 $283,510 $15,580 $267,930
2020 $10,721 $143,330 $20,230 $123,100
2019 $9,081 $110,260 $15,580 $94,680
2018 $9,730 $110,260 $15,580 $94,680
2017 $10,140 $110,260 $15,580 $94,680
2016 $11,210 $128,810 $15,580 $113,230
2015 $10,408 $128,810 $15,580 $113,230
2014 $10,403 $128,810 $15,580 $113,230
2013 $5,154 $128,800 $15,575 $113,225
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222033187

Columbus and Central Ohio Regional MLS
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