NOT LISTED FOR SALE

3392 Orchard Lake Dr Unit 3386 Columbus, OH 43219

Somerset Neighborhood

Estimated Value: $116,326 - $736,000

2 Beds
2 Baths
1,033 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 11, 2013

Last sale price $265,500 $257 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,789/month

407 Days on Market

About This Home

As of June 2013

6 units includes: 4 first floor flats & 2 second floor flats.Each 2 bedroom units. 3386,3388,3392,3394,3402,3404 Orchard Lake.Manage yourself or hire on-site management firm.Two pools & Clubhouse with exercise room.Gated complex with security on grounds.Close to Easton.Financials upon request.

Last Agent to Sell the Property

Douglas Burley

RE/MAX Town Center License #345309 Listed on: 05/01/2012

Last Buyer's Agent

Monica Minto

RE/MAX Town Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 2002

Lot Details

  • 915

Parking

  • Common or Shared Parking

Home Design

  • Frame Construction

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 010-265175

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $14,400
  • Gross Income $46,000
  • Net Operating Income $31,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,194

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 2002
  • Tax Year: 2010
  • Total Gross Income: 46000.0
  • Co List Office Phone: 614-428-7444
  • MLS Status: Closed
  • Subdivision Name: Albany Club
  • Income Expenses Gross Income: 46000.0
  • Annual Expenses: 14400.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features: Common
  • Parking Features Common: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-265175

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 31600.0
  • Annual Operating Expense: 14400.0

Tax Info

  • Tax Annual Amount: 1193.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2004
Sold by
Ikehorn Philip W and Ikehorn Evelyn J
Bought by
Chimo Investments Ltd
Current Estimated Value
$319,332

Purchase Details

Closed on
Aug 31, 2004
Sold by
Sparks Rubert D and Sparks Cindy Sue
Bought by
Ikehorn Philip W and Ikehorn Evelyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Triangle Properties Inc
Bought by
Sparks Rubert D and Sparks Cindy Sue
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
Chimo Investments Ltd -- --
Ikehorn Philip W $330,000 --
Sparks Rubert D $1,698,000 Midland Celtic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ikehorn Philip W $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2013 06/11/13 Sold $265,500 -10.0% $257 / Sq Ft
05/12/2013 05/12/13 Pending -- -- --
04/30/2012 04/30/12 For Sale $294,900 -- $285 / 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 $1,147 $25,030 $5,250 $19,780
2023 $1,133 $25,025 $5,250 $19,775
2022 $1,033 $19,430 $4,830 $14,600
2021 $1,184 $19,430 $4,830 $14,600
2020 $1,036 $19,430 $4,830 $14,600
2019 $1,008 $16,210 $4,030 $12,180
2018 $1,085 $16,210 $4,030 $12,180
2017 $1,273 $16,210 $4,030 $12,180
2016 $1,415 $20,830 $2,590 $18,240
2015 $1,165 $18,830 $2,590 $16,240
2014 $1,168 $18,830 $2,590 $16,240
2013 $606 $19,810 $2,730 $17,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212014620

Columbus and Central Ohio Regional MLS

APN: 010-265175