Doug Ryan
KW Classic Properties Realty
(380) 333-6700
90 Total Sales
1 in Holly Hill
$3,000,000 Price
3641 Eakin Rd Columbus, OH 43204
Holly Hill Neighborhood
4
Beds
--
Bath
31,104
Sq Ft
8,712
Sq Ft Lot
About This Home
As of December 2024This portfolio has had major improvements completed over the last five years. Mostly new windows & sliders, gutters, soffits, the metal decks and stairs have been repaired/replaced and the parking lots have been resurfaced. All units have been updated some with new cabinets, doors, LVT flooring and most units have new furnaces and hot water tanks. With the current rent roll the CAP rate on this portfolio is just shy of 6.8%. The new owner should see a reduced rate of expenses due to the improvements that have been completed. There are 4 vacant units, some with accepted applications. Once leased 14 units will be at $850 a month. With all 36 units being leased at $875 a month the return on this portfolio should be north of 9%.
Last Agent to Sell the Property
Keller Williams Capital Ptnrs License #2009002351 Listed on: 06/03/2024
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Property Details
Home Type
- Apartment
Est. Annual Taxes
- $34,010
Year Built
- Built in 1963
Lot Details
- 8,712 Sq Ft Lot
- Additional Parcels
Parking
- Common or Shared Parking
Home Design
- 31,104 Sq Ft Home
- Brick Exterior Construction
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for trash collection
- Assessor Parcel Number 010-119823
Community Details
Overview
- 36 Units
Building Details
- Operating Expense $98,885
- Gross Income $316,625
- Net Operating Income $217,740
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
Listed on
Jun 3, 2024
Closed on
Dec 6, 2024
Sold by
Bought by
Seller's Agent
Bryan Jarrett
Keller Williams Capital Ptnrs
Buyer's Agent
Doug Ryan
KW Classic Properties Realty
List Price
$3,200,000
Sold Price
$3,000,000
Premium/Discount to List
-$200,000
-6.25%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$2,064,055
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 1964
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Holly Hill, OH
-
Doug Ryan
-
Kristina Murphy
Kristina Murphy
Responds QuicklyHoward Hanna Real Estate Svcs
(380) 888-3050
342 Total Sales
4 in Holly Hill
$150K - $207K Price Range
-
Natalie Morrison
Natalie Morrison
e-Merge Real Estate
(380) 666-3192
264 Total Sales
1 in Holly Hill
$235,000 Price
-
Omar El Mejjaty
Omar El Mejjaty
Carleton Realty, LLC
(380) 208-0537
418 Total Sales
4 in Holly Hill
$150K - $202K Price Range
-
Ron Kendle
Ron Kendle
RE/MAX Town Center
(380) 666-3653
262 Total Sales
1 in Holly Hill
$215,000 Price
-
Trevor Andrews
Trevor Andrews
Responds QuicklyBold Realty
(380) 777-5403
263 Total Sales
1 in Holly Hill
$195,000 Price
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 |
|---|---|---|---|
| $3,000,000 | Title Connect Agency | ||
| -- | -- |
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 | $2,100,000 |
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 |
|---|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $3,000,000 | -6.3% | $96 / Sq Ft | |
| 08/15/2023 08/15/23 | For Sale | $3,200,000 | +6.7% | $103 / Sq Ft | |
| 08/09/2023 08/09/23 | Off Market | $3,000,000 | -- | -- | |
| 08/15/2017 08/15/17 | Sold | $1,000,000 | +491.7% | $289 / Sq Ft | View Prior Sale |
| 07/16/2017 07/16/17 | Pending | -- | -- | -- | |
| 06/06/2017 06/06/17 | For Sale | $169,000 | -- | $49 / Sq Ft |
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 | $6,260 | $56,530 | $12,600 | $43,930 |
| 2024 | $6,260 | $56,530 | $12,600 | $43,930 |
| 2023 | $4,129 | $56,525 | $12,600 | $43,925 |
| 2022 | $3,780 | $50,400 | $12,600 | $37,800 |
| 2021 | $3,796 | $50,400 | $12,600 | $37,800 |
| 2020 | $3,770 | $50,400 | $12,600 | $37,800 |
| 2019 | $3,459 | $42,000 | $10,500 | $31,500 |
| 2018 | $2,997 | $42,000 | $10,500 | $31,500 |
| 2017 | $3,455 | $42,000 | $10,500 | $31,500 |
| 2016 | $2,741 | $31,500 | $10,500 | $21,000 |
| 2015 | $2,545 | $31,500 | $10,500 | $21,000 |
| 2014 | $2,544 | $31,500 | $10,500 | $21,000 |
| 2013 | $1,261 | $31,500 | $10,500 | $21,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Jarrett
Seller's Agent in 2024
Bryan Jarrett
Keller Williams Capital Ptnrs
(614) 867-7820
1 in this area
85 Total Sales
-
Doug Ryan
Buyer's Agent in 2024
Doug Ryan
KW Classic Properties Realty
(614) 374-6919
1 in this area
90 Total Sales
-
G
Seller's Agent in 2017
Gregory Hrabcak
Howard Hanna Real Estate Svcs
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223025552
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