NOT LISTED FOR SALE
9 Beds
-- Baths
5,112 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: September 14, 2015

Last sale price $350,000 $68 Per Sq Ft

9 Days on Market

Highlights

  • 0.36 Acre Lot
  • Forced Air Heating System
  • 3-minute walk to Kwanzaa Playground

About This Home

As of September 2015

Great investment with 10.9% cap rate! Nine unit apartment building in renovated area of Olde Towne East.
Rare 5000 sq ft parking area with 15 parking spots!
2014 / 2015 renovations include: all new windows, new flooring, new cabinets, new vanities, and new appliances.
Good potential for higher rents. Financial estimates available.

Last Agent to Sell the Property

Jim Maurer

Nutown Realty License #2017005770 Listed on: 08/10/2015

Last Buyer's Agent

Timothy Rice

Howard Hanna Real Estate Svcs

Howard Hanna Real Estate Svcs
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1960

Lot Details

  • 15,682 Sq Ft Lot

Parking

  • 15 Parking Spaces

Home Design

  • 5,112 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Available

Listing and Financial Details

  • The owner pays for gas, sewer, water
  • Assessor Parcel Number 010-056480

Community Details

Overview

  • 9 Units
  • Mid-Rise Community

Building Details

  • Operating Expense $16,596
  • Gross Income $57,000
  • Net Operating Income $40,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,550

Year Built

Built in 1960

Lot Details

0.36 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1960
  • Tax Year: 2014
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.36
  • Total Gross Income: 57000.0
  • Co List Office Phone: 614-431-2300
  • MLS Status: Closed
  • Subdivision Name: Olde Towne East
  • Location Property Info List PriceSqFt: 72.38
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 57000.0
  • Annual Expenses: 16596.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 5112.0
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: 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

  • Total Parking Spaces: 15.0

Utilities

  • Heating: Forced Air
  • 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: 010-056480
  • Lot Size Sq Ft: 15681.6
  • Additional Parcels: No

Rental Info

  • Owner Pays: Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 9
  • Net Operating Income: 40404.0
  • Annual Operating Expense: 16596.0

Tax Info

  • Tax Annual Amount: 4550.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Herman Stephanie
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2019
Sold by
Hermans Holdings Ltd
Bought by
Herman Stephanie

Purchase Details

Listed on
Aug 10, 2015
Closed on
Sep 14, 2015
Sold by
Sp For Better Living Trust
Bought by
Hermans Holdings Ltd Llc
Seller's Agent
Jim Maurer
Nutown Realty
Buyer's Agent
Timothy Rice
Howard Hanna Real Estate Svcs
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%

Purchase Details

Listed on
Mar 15, 2013
Closed on
Aug 30, 2013
Sold by
Givels Howard J
Bought by
Sp For Better Living Llc
Seller's Agent
Jody Hudson
Beacon Property Mgmt & Realty
Buyer's Agent
JP Faulkner
Faulkner Realty Group
List Price
$249,900
Sold Price
$160,000
Premium/Discount to List
-$89,900
-35.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.77%

Purchase Details

Closed on
May 2, 1994
Bought by
Givets Howard J

Purchase Details

Closed on
Oct 1, 1981
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$190,000 World Class Title Agcy Of Oh
Herman Stephanie $351,000 None Available
Hermans Holdings Ltd Llc $350,000 First Ohio Title Ins Box
Sp For Better Living Llc $160,000 Preferred Title Box
Givets Howard J $49,100 --
-- $47,500 --
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
Open $745,000
Closed Bcp Development Llc $350,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2015 09/14/15 Sold $350,000 -5.4% $68 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $370,000 +131.3% $72 / Sq Ft
08/30/2013 08/30/13 Sold $160,000 -36.0% -- View Prior Sale
07/31/2013 07/31/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $249,900 -- --
Source: Columbus and Central Ohio Regional MLS

Tax 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.

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 $11,371 $153,200 $18,970 $134,230
2024 $11,371 $153,200 $18,970 $134,230
2023 $11,191 $153,200 $18,970 $134,230
2022 $4,988 $66,510 $16,980 $49,530
2021 $5,335 $66,510 $16,980 $49,530
2020 $11,640 $153,620 $16,980 $136,640
2019 $10,119 $122,860 $13,550 $109,310
2018 $7,296 $122,860 $13,550 $109,310
2017 $10,157 $122,860 $13,550 $109,310
2016 $10,711 $122,500 $13,580 $108,920
2015 $4,355 $53,900 $13,580 $40,320
2014 $4,353 $53,900 $13,580 $40,320
2013 $2,157 $53,900 $13,580 $40,320
Source: Public Records

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215028966

Columbus and Central Ohio Regional MLS
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