NOT LISTED FOR SALE

Estimated Value: $367,000 - $381,235

4 Beds
2 Baths
2,145 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $195,000 $91 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,378/month

13 Days on Market

About This Home

As of November 2019

Nicknamed the Nest, this OSU off-campus student housing investment property offers two 2 bedroom/1 bath units and is located in a quiet section of north campus near the scenic Iuka Ravine. The very spacious layouts have updated kitchens and baths, new flooring and central air conditioning. Tenants enjoy on-site laundry, a fenced-in yard and the lower unit has an enclosed front porch. The property recently received several exterior updates, including new vinyl siding, refinished awnings, railings and porch steps as well as the installation of a new foundation on the property's rear extension. Tenants pay all utilities. The property is currently 100% occupied for the 2019-20 academic year.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 10/10/2019

Last Buyer's Agent

Michael Casey

RE/MAX Connection License #410002

RE/MAX Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1910

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • 2,145 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 1,742 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-026483

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,736
  • Gross Income $21,480
  • Net Operating Income $10,744

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,911

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.04
  • Total Gross Income: 21480.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 83.92
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 21480.0
  • Annual Expenses: 10736.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2145.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: 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:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: 010-026483
  • Lot Size Sq Ft: 1742.4
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10744.0
  • Annual Operating Expense: 10736.0

Tax Info

  • Tax Annual Amount: 3911.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Sahani Seema and Sahani Arish K
Bought by
Ganesh Llc
Current Estimated Value
$372,809

Purchase Details

Listed on
Oct 10, 2019
Closed on
Nov 21, 2019
Sold by
The Sloopy Group Ltd
Bought by
Sahani Seema and Sahani Arish K
Seller's Agent
Matthew Brown
Brown Multifamily Advisors,LLC
Buyer's Agent
Michael Casey
RE/MAX Connection
List Price
$180,000
Sold Price
$195,000
Premium/Discount to List
$15,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$146,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 1991
Bought by
Hshf Group

Purchase Details

Closed on
Dec 13, 1989

Purchase Details

Closed on
Nov 22, 1989
Source: Public Records
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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
Ganesh Llc -- None Available
Sahani Seema $195,000 Stewart Title Box
Hshf Group -- --
-- -- --
-- $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sahani Seema $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $195,000 +8.3% $91 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $180,000 -- $84 / 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 $5,149 $112,350 $12,250 $100,100
2023 $5,084 $112,350 $12,250 $100,100
2022 $3,488 $65,630 $9,660 $55,970
2021 $3,494 $65,630 $9,660 $55,970
2020 $3,499 $65,630 $9,660 $55,970
2019 $3,918 $63,010 $7,740 $55,270
2018 $1,956 $63,010 $7,740 $55,270
2017 $3,917 $63,010 $7,740 $55,270
2016 $2,826 $41,590 $6,410 $35,180
2015 $1,286 $41,590 $6,410 $35,180
2014 $2,579 $41,590 $6,410 $35,180
2013 $1,156 $37,800 $5,810 $31,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219038532

Columbus and Central Ohio Regional MLS

APN: 010-026483