$380,000
SOLD MAR 25, 2025

3440-3448 Briggs Rd Unit 3440 Columbus, OH 43204

Southwest Hilltop Neighborhood
-- Bed
-- Bath
4,080 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

9% Below List Price

105 Days on Market

About This Home

As of March 2025

Discover an exceptional investment opportunity with this prime-location property, featuring four well-maintained one-bedroom, one-bath apartments and a versatile retail space currently operating as a grocery store. Perfectly positioned in a high-traffic area, this building offers a strong rental income potential and excellent visibility for your business. Each apartment boasts comfortable living spaces with modern amenities, while the retail space provides ample room for various commercial ventures. Don't miss out on this lucrative chance to own a thriving mixed-use property in a sought-after neighborhood.

Last Agent to Sell the Property

Ric DeVore

e-Merge Real Estate License #2008003998 Listed on: 11/26/2024

e-Merge Real Estate

Co-Listed By

Molly Morgan

e-Merge Real Estate License #2017005351

Last Buyer's Agent

Kerlous Tadres

Reafco License #2022006903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • 4,080 Sq Ft Home
  • Mixed Use

Listing and Financial Details

  • Assessor Parcel Number 010-106691

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $15,741
  • Gross Income $40,288
  • Net Operating Income $25,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,991

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1971
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.2
  • Total Gross Income: 40288.0
  • Co List Office Mls Id: 10659
  • Co List Office Phone: 614-678-5505
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Subdivision Name: DEMOREST
  • Location Property Info List PriceSqFt: 102.7
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 40288.0
  • Annual Expenses: 15741.0
  • General Property Info Building Sq Ft: 4080.0
  • General Property Info # of Buildings: 1.0
  • Remarks Misc Property Description3: Discover an exceptional investment opportunity with this prime-location property, featuring four well-maintained one-bedroom, one-bath apartments and a versatile retail space currently operating as a grocery store. Perfectly positioned in a high-traffic area, this building offers a strong rental income potential and excellent visibility for your business. Each apartment boasts comfortable living spaces with modern amenities, while the retail space provides ample room for various commercial ventures. Don't miss out on this lucrative chance to own a thriving mixed-use property in a sought-after neighborhood.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-106691
  • Lot Size Sq Ft: 8712.0

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 25140.0
  • Annual Operating Expense: 15741.0

Tax Info

  • Tax Annual Amount: 3991.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Mar 24, 2025
Sold by
Ree Tee Properties Ltd
Bought by
Acs Ranch Llc
Seller's Agent
Ric DeVore
e-Merge Real Estate
Buyer's Agent
Kerlous Tadres
Reafco
List Price
$419,000
Sold Price
$380,000
Premium/Discount to List
-$39,000
-9.31%
Views
20
Current Estimated Value
$377,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,728
Avg. Annual Appreciation
-1.01%
Original Mortgage
$266,000
Outstanding Balance
$264,638
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$112,634

Purchase Details

Closed on
May 20, 1999
Sold by
Reiselt David R
Bought by
Ree Tee Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 1999
Sold by
Pinnacle Equity Investors Inc
Bought by
Reiselt David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1971
Bought by
Pinnacle Equity
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $380,000 Northwest Advantage Title Agen
Quit Claim Deed -- Connor Title Co
Sheriffs Deed $96,000 Connor Title Co
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,000 New Conventional
Previous Owner $80,000 Commercial
Previous Owner $80,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $380,000 -9.3% $93 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $419,000 0.0% $103 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $419,000 -- $103 / 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 $4,056 $54,640 $9,210 $45,430
2023 $3,991 $54,640 $9,210 $45,430
2022 $4,043 $53,910 $10,120 $43,790
2021 $4,060 $53,910 $10,120 $43,790
2020 $4,032 $53,910 $10,120 $43,790
2019 $4,036 $49,010 $9,210 $39,800
2018 $2,012 $49,010 $9,210 $39,800
2017 $4,032 $49,010 $9,210 $39,800
2016 $3,961 $45,510 $9,210 $36,300
2015 $1,839 $45,510 $9,210 $36,300
2014 $3,675 $45,510 $9,210 $36,300
2013 $1,821 $45,500 $9,205 $36,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224030270

Columbus and Central Ohio Regional MLS

APN: 010-106691