NOT LISTED FOR SALE

323 E 16th Ave Unit 325 Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $380,000 - $504,000

4 Beds
2 Baths
2,379 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $335,750 $141 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,624/month

184 Days on Market

About This Home

As of May 2019

4bd/2ba double along the 4th St corridor located on central campus. 4th St Bar & Grill is directly around the corner. Market rate leasing was not secured this year. Seller mismanagement is Buyer opportunity. One side is vacant while the other side is rented for $1000. Newer kitchens and baths are in place with central air, washer/dryer, dishwasher, windows, etc. Property needs a little clean up. Can be coupled with adjacent tax parcel, 1815-17 N 4th St.

Vacant side can be shown with same day. Occupied with contract. Buyers must provide proof of funds / lender letter.

Last Agent to Sell the Property

Sean Ash

Peak Property Group Realty Listed on: 08/21/2018

Co-Listed By

Joseph Allred

Peak Property Group Realty

Last Buyer's Agent

Darrin Wesenberg

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1909

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • 2,379 Sq Ft Home
  • Duplex

Utilities

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

Community Details

  • 2 Units
  • Gross Income $12,000

Listing and Financial Details

  • Assessor Parcel Number 010-031168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,917

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1909
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.06
  • Total Gross Income: 12000.0
  • Co List Office Mls Id: 10217
  • Co List Office Phone: 614-339-4608
  • Co List Office Phone: 614-339-4608
  • MLS Status: Closed
  • Income Expenses Gross Income: 12000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2379.0
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-031168
  • Lot Size Sq Ft: 2613.6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3917.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
May 3, 2019
Sold by
Sip Vi Ltd
Bought by
Baker Brian Thomas and Baker Melissa Maxwell
Seller's Agent
Sean Ash
Peak Property Group Realty
Buyer's Agent
Darrin Wesenberg
Key Realty
List Price
$360,000
Sold Price
$335,750
Premium/Discount to List
-$24,250
-6.74%
Current Estimated Value
$416,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,653
Avg. Annual Appreciation
3.38%
Original Mortgage
$251,813
Outstanding Balance
$220,491
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$195,912

Purchase Details

Closed on
Feb 26, 2010
Sold by
Cloud Christopher C and Cloud Jenny
Bought by
Sip Vi Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
The Sloopy Group Ltd
Bought by
Cloud Christopher C

Purchase Details

Closed on
Dec 3, 1991
Bought by
Hshf Group Ptn

Purchase Details

Closed on
Apr 1, 1986

Purchase Details

Closed on
Dec 1, 1980
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 Buyer Sale Price Title Company
Baker Brian Thomas $335,800 Amerititle Downtown
Sip Vi Ltd $150,000 Amerititle
Cloud Christopher C $164,800 --
Hshf Group Ptn $53,000 --
-- -- --
-- $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Brian Thomas $251,813
Previous Owner Sip Vi Ltd $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $335,750 -6.7% $141 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
08/21/2018 08/21/18 For Sale $360,000 -- $151 / 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 $112,360 $25,310 $87,050
2023 $5,085 $112,350 $25,305 $87,045
2022 $6,246 $117,540 $14,180 $103,360
2021 $6,258 $117,540 $14,180 $103,360
2020 $6,267 $117,540 $14,180 $103,360
2019 $3,918 $63,010 $14,180 $48,830
2018 $3,721 $63,010 $14,180 $48,830
2017 $3,917 $63,010 $14,180 $48,830
2016 $3,879 $57,090 $6,510 $50,580
2015 $3,531 $57,090 $6,510 $50,580
2014 $3,540 $57,090 $6,510 $50,580
2013 $1,587 $51,905 $5,915 $45,990
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sean Ash

    Peak Property Group Realty

  • J

    Seller Co-Listing Agent in 2019

    Joseph Allred

    Peak Property Group Realty

  • D

    Buyer's Agent in 2019

    Darrin Wesenberg

    Key Realty

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218031686

Columbus and Central Ohio Regional MLS

APN: 010-031168

Ohio Franklin County Columbus 43201 Indianola Terrace

323 E 16th Ave Unit 325, Columbus, OH

Not Listed for Sale

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