NOT LISTED FOR SALE

307 E 15th Ave Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $498,000 - $574,000

4 Beds
2 Baths
2,986 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 23, 2017

Last sale price $460,000 $154 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,412/month

70 Days on Market

About This Home

As of August 2017

OSU off-campus student housing investment. The property is a large 9 BD / 3 BA single family home. The house has an updated kitchen with two refrigerators and two dishwashers, hardwood in living areas and carpet in bedrooms, central A/C, electronic locks and huge front porch. The property is 100% pre-leased for 2017-18 academic year at $4,500. Tenants pay all utilities. Can be purchased individually or part of a 6 property campus portfolio that includes 299 E. 15th, 1608 Summit and 1662 Summit.

Last Listed By

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 07/14/2017

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,709

Year Built

  • Built in 1900

Lot Details

  • 8,276

Parking

  • Off-Street Parking: 1

Home Design

  • 2,986 Sq Ft Home
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 8,276 Sq Ft Lot
  • Basement

Community Details

  • Operating Expense $13,524
  • Gross Income $54,000
  • Net Operating Income $40,476

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-027735

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,709

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2016
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.19
  • Total Gross Income: 54000.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Income Expenses Gross Income: 54000.0
  • Annual Expenses: 13524.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2986.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: 010-027735
  • Lot Size Sq Ft: 8276.4
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Monthly Rent (Other): 4500.0
  • Number Of Units Total: 1
  • Net Operating Income: 40476.0
  • Annual Operating Expense: 13524.0

Tax Info

  • Tax Annual Amount: 4709.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 23, 2017
Sold by
Grim Brian R
Bought by
Trp Rental Properties Llc
Seller's Agent
Matthew Brown
Brown Multifamily Advisors,LLC
Buyer's Agent
Jill Beckett-Hill
Realty Executives Decision
List Price
$485,000
Sold Price
$460,000
Premium/Discount to List
-$25,000
-5.15%
Total Days on Market
70
Current Estimated Value
$538,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,027
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
Jan 8, 2014
Sold by
Vaughn Glen E
Bought by
Grim Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Durango Holdings Llc
Bought by
Grim Brian R and Vaughn Glen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1998
Sold by
Valentine Bruce R
Bought by
Durango Holdings Llc

Purchase Details

Closed on
Oct 15, 1993

Purchase Details

Closed on
Sep 11, 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
Trp Rental Properties Llc -- Hummel Title Box
Grim Brian R $122,000 None Available
Grim Brian R $195,000 --
Durango Holdings Llc -- --
-- $84,000 --
-- $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grim Brian R $183,000
Previous Owner Grim Brian R $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $460,000 -5.2% $154 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $485,000 -- $162 / 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 $5,149 $112,350 $46,060 $66,290
2023 $5,084 $112,350 $46,060 $66,290
2022 $4,186 $78,760 $28,950 $49,810
2021 $4,193 $78,760 $28,950 $49,810
2020 $4,199 $78,760 $28,950 $49,810
2019 $3,918 $63,010 $23,140 $39,870
2018 $4,099 $63,010 $23,140 $39,870
2017 $3,917 $63,010 $23,140 $39,870
2016 $4,709 $69,310 $15,930 $53,380
2015 $4,287 $69,310 $15,930 $53,380
2014 $4,297 $69,310 $15,930 $53,380
2013 $1,927 $63,000 $14,490 $48,510
Source: Public Records

Agents Affiliated with this Home

  • Matthew Brown

    Seller's Agent in 2017

    Matthew Brown

    Brown Multifamily Advisors,LLC

    (614) 519-8689

    7 in this area

    20 Total Sales

    Matthew Brown
    Section Image

  • J

    Buyer's Agent in 2017

    Jill Beckett-Hill

    Realty Executives

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217020813

Columbus and Central Ohio Regional MLS

APN: 010-027735

Ohio Franklin County Columbus 43201 Indianola Terrace

307 E 15th Ave, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 307 E 15th Ave, Columbus, OH 43201 since 14 July 2017 and is currently estimated at $538,027, approximately $180 per square foot. This property was built in 1900. 307 E 15th Ave is a home located in Franklin County with nearby schools including Weinland Park Elementary School, Dominion Middle School, and Whetstone High 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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