$115,000
SOLD JUL 30, 2018

303 Derrer Rd Unit 305 Columbus, OH 43204

Westgate Neighborhood
-- Bed
-- Bath
1,414 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

8% Below List Price

13 Days on Market

About This Home

As of May 2020

Great revenue generating double close to Westgate! Exterior is brick and new vinyl siding. Newer roof and high efficient furnaces & AC. Each side has a range & refrigerator, and garage. Hardwood floors throughout most of the units. One side rents for $675 mo. with long term tenant. Other previously rented at $700. Water & sewer is pro-rated. Great return on your investment!

Last Agent to Sell the Property

Andrea Kerregan

Sorrell & Company, Inc. License #2016004366 Listed on: 05/24/2018

Last Buyer's Agent

Andrea Kerregan

Sorrell & Company, Inc. License #2016004366 Listed on: 05/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,779

Year Built

  • Built in 1946

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 1,414 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Parking

  • 4 Car Detached Garage
  • Shared Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 140-007178

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,000
  • Gross Income $16,500
  • Net Operating Income $9,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,779

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1946
  • Tax Year: 2017
  • Lot Size Acres: 0.17
  • Total Gross Income: 16500.0
  • Co List Office Phone: 614-488-0707
  • MLS Status: Closed
  • Income Expenses Gross Income: 16500.0
  • Annual Expenses: 10000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1414.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: 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:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features Shared Driveway2: Yes
  • Parking Features On Street2: Yes
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Utilities

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

Schools

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

Lot Info

  • Parcel Number: 140-007178
  • Lot Size Sq Ft: 7405.2

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9540.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 2779.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Hunter Ling
Bought by
Mine Home Llc
Current Estimated Value
$238,467

Purchase Details

Listed on
May 5, 2020
Closed on
May 18, 2020
Sold by
Furey Brett Anthony and Wright Shelbie
Bought by
Hunter Ling
Seller's Agent
Cindy Harrison
Signature Real Estate
Buyer's Agent
Ling Hunter
Red 1 Realty
List Price
$149,900
Sold Price
$133,860
Premium/Discount to List
-$16,040
-10.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 30, 2018
Sold by
Kerregan Real Estate Llc
Bought by
Furey Brett Anthony and Wright Shelbie
Seller's Agent
Andrea Kerregan
Sorrell & Company, Inc.
Buyer's Agent
Andrea Kerregan
Sorrell & Company, Inc.
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$112,917
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2005
Sold by
Kerregan Andrea
Bought by
Kerregan Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 28, 1971
Bought by
Carney Dennis E
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 Type Sale Price Title Company
Quit Claim Deed -- Vault Title
Quit Claim Deed -- Vault Title
Warranty Deed $133,900 Valmer Land Title Agency
Warranty Deed $115,000 Transcounty Title Agency
Warranty Deed -- Chicago
Warranty Deed $94,000 Chicago
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $112,917 FHA
Previous Owner $84,600 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Rented $1,200 0.0% --
08/01/2024 08/01/24 For Rent $1,200 0.0% --
05/18/2020 05/18/20 Sold $133,860 -10.7% $95 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $149,900 +30.3% $106 / Sq Ft
07/30/2018 07/30/18 Sold $115,000 -8.0% $81 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $125,000 -- $88 / 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 $3,178 $60,940 $9,630 $51,310
2023 $3,162 $60,940 $9,630 $51,310
2022 $3,727 $49,420 $13,860 $35,560
2021 $3,546 $49,420 $13,860 $35,560
2020 $2,982 $42,110 $13,860 $28,250
2019 $2,919 $35,070 $11,550 $23,520
2018 $2,550 $35,070 $11,550 $23,520
2017 $2,779 $35,070 $11,550 $23,520
2016 $2,482 $29,330 $7,980 $21,350
2015 $2,309 $29,330 $7,980 $21,350
2014 $2,310 $29,330 $7,980 $21,350
2013 $1,261 $32,585 $8,855 $23,730
Source: Public Records

Agents Affiliated with this Home

  • Ling Hunter

    Seller's Agent in 2024

    Ling Hunter

    Red 1 Realty

    (614) 886-6668

    2 in this area

    379 Total Sales

    Ling Hunter
    Section Image
  • Cindy Harrison

    Seller's Agent in 2020

    Cindy Harrison

    Signature Real Estate

    (614) 332-3551

    1 in this area

    26 Total Sales

    Cindy Harrison
    Section Image

  • A

    Seller's Agent in 2018

    Andrea Kerregan

    Sorrell & Company, Inc.

    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218017909

Columbus and Central Ohio Regional MLS

APN: 140-007178

Ohio Franklin County Columbus 43204 Westgate

303 Derrer Rd Unit 305, Columbus, OH

This home is located at 303 Derrer Rd Unit 305, Columbus, OH 43204 and is currently priced at $115,000, approximately $81 per square foot. This property was built in 1946. 303 Derrer Rd Unit 305 is a home located in Franklin County with nearby schools including Prairie Lincoln Elementary School, Galloway Ridge Intermediate School, and Norton Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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