NOT LISTED FOR SALE

3251 Columbus St Grove City, OH 43123

Estimated Value: $183,000 - $310,000

3 Beds
2 Baths
1,696 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $100,000 $59 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,848/month

37 Days on Market

About This Home

As of June 2016

Perfect place to start your investment inventory and great for owner occupant located on the busline, in the heart of Grove City, walk to the farmers market and all events happening downtown. Downstairs has 2 bedrooms that rented for $675. a month and upstairs has 1 bedroom that rented for $475., the garage was not included and could be rented separately. Most windows have been replaced with Rosati windows, roof on house was new in 2012, on the garage in 2010. Beautiful hardwood floors in downstairs unit, new carpet in upstairs. Tenants have been responsible for all utilities in the past. Currently unoccupied but both units had been 100% occupied for years.

Last Agent to Sell the Property

Susan Blaies

Howard Hanna Real Estate Svcs License #321976 Listed on: 05/25/2016

Howard Hanna Real Estate Svcs

Last Buyer's Agent

Jay Zollars

RZ Realty License #363667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1920

Lot Details

  • 6,970

Home Design

  • 1,696 Sq Ft Home
  • Duplex

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil

Additional Features

  • Washer and Dryer Hookup
  • 6,970 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 040-000053

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,000
  • Operating Expense $3,218
  • Gross Income $13,800
  • Net Operating Income $10,582

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,218

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.16
  • Total Gross Income: 13800.0
  • Co List Office Phone: 614-875-7400
  • MLS Status: Closed
  • Income Expenses Gross Income: 13800.0
  • Annual Expenses: 3218.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1696.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: 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: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features On Street2: Yes
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Oil
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available

Schools

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

Lot Info

  • Parcel Number: 040-000053
  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1000.0
  • Net Operating Income: 10582.0
  • Annual Operating Expense: 3218.0

Tax Info

  • Tax Annual Amount: 2218.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Jun 10, 2016
Sold by
Kochensparger Jon E
Bought by
Mrz Investments Llc
Seller's Agent
Susan Blaies
Howard Hanna Real Estate Svcs
Buyer's Agent
Jay Zollars
RZ Realty
List Price
$119,900
Sold Price
$100,000
Premium/Discount to List
-$19,900
-16.6%
Current Estimated Value
$279,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,698
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Sep 14, 2007
Sold by
Baas Ethel M
Bought by
Franklin County Commissioners

Purchase Details

Closed on
Jun 6, 2003
Sold by
Kochensparger Andrea J
Bought by
Kochensparger Jon E

Purchase Details

Closed on
Mar 25, 2003
Sold by
Kochensparger Andrea
Bought by
Kochensparger Jon E and Kochensparger Andrea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Mccomb Tiney M and Mccomb Helena A
Bought by
Kochensparger Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
6.99%

Purchase Details

Closed on
Dec 17, 1990
Bought by
Mccomb Tiney M and Mccomb Helena A

Purchase Details

Closed on
Jan 1, 1985
Source: Public Records

Range of Values:

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Average Value
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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
Mrz Investments Llc $100,000 First Ohio Title Insurance
Franklin County Commissioners $165,000 None Available
Kochensparger Jon E -- --
Kochensparger Jon E -- Service Title
Kochensparger Andrea $90,000 --
Mccomb Tiney M $55,500 --
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mrz Investments Llc $122,000
Previous Owner Kochensparger Jon E $82,000
Previous Owner Kochensparger Andrea $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2016 06/10/16 Sold $100,000 -16.6% $59 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $119,900 -- $71 / 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 $3,803 $81,700 $19,570 $62,130
2023 $3,751 $81,690 $19,565 $62,125
2022 $3,123 $50,020 $10,890 $39,130
2021 $3,183 $50,020 $10,890 $39,130
2020 $3,174 $50,020 $10,890 $39,130
2019 $2,856 $41,690 $9,070 $32,620
2018 $2,533 $41,690 $9,070 $32,620
2017 $2,528 $41,690 $9,070 $32,620
2016 $2,218 $29,790 $7,910 $21,880
2015 $2,218 $29,790 $7,910 $21,880
2014 $2,220 $29,790 $7,910 $21,880
2013 $1,049 $29,785 $7,910 $21,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216013887

Columbus and Central Ohio Regional MLS

APN: 040-000053