NOT LISTED FOR SALE

Estimated Value: $331,000 - $536,000

4 Beds
2 Baths
2,986 Sq Ft
$149/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2017

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

Est. 5% increase in value since last sale

Current estimated payment $3,050 / mo

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 Agent to Sell the Property

Matthew Brown

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

Last Buyer's Agent

Jill Beckett-Hill

Realty Executives Decision

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

8,276 Sq Ft Lot

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
  • Location Property Info List PriceSqFt: 162.42
  • Remarks Misc Hot Sheet Comments: new
  • 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
  • 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:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

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%
Current Estimated Value
$483,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,333
Avg. Annual Appreciation
-0.34%

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
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
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

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
Previous Owner Grim Brian R $183,000
Previous Owner Grim Brian R $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $5,149 $112,350 $46,060 $66,290
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

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217020813

Columbus and Central Ohio Regional MLS

APN: 010-027735

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