NOT LISTED FOR SALE

Estimated Value: $385,957

-- Bed
-- Bath
3,550 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $135,000 $38 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,454/month

27 Days on Market

About This Home

As of March 2016

4 One Bedroom Apartments that rent for $350/month (all currently rented) ... Additional 1775 sq ft of retail space currently rented at $850/month (has been used as tattoo parlor and barber shop)... High Traffic Location at Maize and Oakland Park!! $27,000 Gross Income / Year !!...... Commercial lease on tattoo parlor , tenant pays all maintenance & utilities.......compare to Clintonville : 30 % higher income @ 25% lower price & next to no maintenance costs.

Last Listed By

Alan Jones

RE/MAX Achievers License #300555 Listed on: 02/17/2016

RE/MAX Achievers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,663

Parking

  • 10 Parking Spaces

Home Design

  • 3,550 Sq Ft Home
  • Brick Exterior Construction

Additional Features

  • 5,663 Sq Ft Lot
  • Heating System Uses Gas

Community Details

  • 5 Units
  • Gross Income $27,000

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 087304-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1960
  • Tax Year: 2015
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 27000.0
  • Co List Office Phone: 614-848-9400
  • MLS Status: Closed
  • Income Expenses Gross Income: 27000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3550.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 10.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 087304-00
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Monthly Rent (Other): 850.0
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 4242.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2021
Sold by
R & S Realty Investment Llc
Bought by
R & S Realty Investment Llc
Total Days on Market
27
Current Estimated Value
$385,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,910,000
Outstanding Balance
$1,532,576
Interest Rate
2.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$1,141,901

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 18, 2016
Sold by
Atlas Real Estate Group Llc
Bought by
R & S Realty Investment Llc
Seller's Agent
Alan Jones
RE/MAX Achievers
Buyer's Agent
James Salyer
Howard Hanna Real Estate Svcs
List Price
$155,000
Sold Price
$135,000
Premium/Discount to List
-$20,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Gilmartin John P and Gilmartin Barbara J
Bought by
Atlas Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 1977
Bought by
Gilmartin John P

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
R & S Realty Investment Llc -- Lcnb Title Services Llc
R & S Realty Investment Llc $135,000 Independent Title Services
Atlas Real Estate Group Llc $112,000 Northwest T
Gilmartin John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & S Realty Investment Llc $1,910,000
Closed R & S Realty Investment Llc $262,500
Previous Owner Atlas Real Estate Group Llc $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $135,000 -12.9% $38 / Sq Ft
02/17/2016 02/17/16 For Sale $155,000 -- $44 / 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 $3,772 $50,820 $15,680 $35,140
2023 $3,712 $50,820 $15,680 $35,140
2022 $3,583 $47,780 $4,130 $43,650
2021 $3,599 $47,780 $4,130 $43,650
2020 $3,574 $47,780 $4,130 $43,650
2019 $3,747 $45,500 $3,920 $41,580
2018 $3,989 $45,500 $3,920 $41,580
2017 $3,928 $45,500 $3,920 $41,580
2016 $4,112 $47,250 $3,920 $43,330
2015 $4,242 $52,500 $3,920 $48,580
2014 $4,240 $52,500 $3,920 $48,580
2013 $2,101 $52,500 $3,920 $48,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216004480

Columbus and Central Ohio Regional MLS

APN: 010-087304