NOT LISTED FOR SALE

3713 Arnelle Rd Unit 315 Columbus, OH 43228

Holly Hill Neighborhood

Estimated Value: $264,000 - $280,870

4 Beds
2 Baths
1,820 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $215,000 $118 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,681/month

49 Days on Market

About This Home

As of April 2021

Your next investment opportunity awaits! The next owner will inherit a solid performing asset with long term tenants currently paying below market rent! Both units are month to month providing flexibility for increasing the rents and/or improving the asset. Each unit is 2 Beds and 1 Bath with full basements. Market rents are closer to $900/month per side. Curb offers only with showing available after acceptable terms have been agreed to. Professional property management is in place and available to the purchaser.

Last Agent to Sell the Property

Tony Vaitkevich

Red 1 Realty License #2016006159 Listed on: 03/09/2021

Red 1 Realty

Last Buyer's Agent

Kim Lyon

Coldwell Banker Realty License #426410

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,549

Year Built

  • Built in 1967

Lot Details

  • 10,019

Home Design

  • 1,820 Sq Ft Home
  • Stucco

Parking

  • Detached Garage
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 10,019 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 570-145814

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Maintenance Expense $2,500
  • Operating Expense $2,500
  • Gross Income $18,000
  • Net Operating Income $14,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,549

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1967
  • Tax Year: 2019
  • Lot Size Acres: 0.23
  • Total Gross Income: 18000.0
  • Co List Office Phone: 866-212-4991
  • MLS Status: Closed
  • Subdivision Name: Mccarley
  • Income Expenses Gross Income: 18000.0
  • Annual Expenses: 2500.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1820.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: 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: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 570-145814
  • Lot Size Sq Ft: 10018.8
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Maintenance Expense: 2500.0
  • Net Operating Income: 14900.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 2549.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 22, 2021
Sold by
Johnson Maurice
Bought by
Banks William
Seller's Agent
Tony Vaitkevich
Red 1 Realty
Buyer's Agent
Kim Lyon
Coldwell Banker Realty
List Price
$190,000
Sold Price
$215,000
Premium/Discount to List
$25,000
13.16%
Current Estimated Value
$270,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,968
Avg. Annual Appreciation
4.25%
Original Mortgage
$215,000
Outstanding Balance
$195,257
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$63,201

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 21, 2021
Sold by
Johnson Maurice
Bought by
Banks William
Seller's Agent
Tony Vaitkevich
Red 1 Realty
Buyer's Agent
Kim Lyon
Coldwell Banker Realty
List Price
$190,000
Sold Price
$215,000
Premium/Discount to List
$25,000
13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$195,257
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$63,201

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 28, 2018
Sold by
Fennessey Marc E
Bought by
Johnson Maurice
Seller's Agent
Gerald Ziglar
Signature Real Estate
Buyer's Agent
Tony Vaitkevich
Red 1 Realty
List Price
$143,900
Sold Price
$140,000
Premium/Discount to List
-$3,900
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%
Original Mortgage
$105,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2014
Sold by
Price Marilyn K
Bought by
Fennessey Marc E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2001
Sold by
Prices Charles M and Price Marilyn K
Bought by
Price Charles M and Price Marilyn K

Purchase Details

Closed on
Sep 24, 1991
Bought by
Price Charles M
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Banks William $215,000 Elite Land Title
Banks William $215,000 Elite Land Title
Banks William $215,000 Elite Land Title Agency
Banks William $215,000 Elite Land Title Agency
Johnson Maurice $139,500 None Available
Johnson Maurice $139,500 None Available
Fennessey Marc E $114,000 Stewart Title
Fennessey Marc E $114,000 Stewart Title
Price Charles M -- --
Price Charles M -- --
Price Charles M $85,000 --
Price Charles M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks William $215,000
Closed Banks William $215,000
Closed Banks William $215,000
Previous Owner Johnson Maurice $105,000
Previous Owner Fennessey Marc E $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $215,000 +13.2% $118 / Sq Ft
01/21/2021 01/21/21 For Sale $190,000 +35.7% $104 / Sq Ft
06/28/2018 06/28/18 Sold $140,000 -2.7% $77 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $143,900 -- $79 / 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 $2,994 $81,060 $17,850 $63,210
2023 $3,091 $81,060 $17,850 $63,210
2022 $2,811 $53,830 $13,720 $40,110
2021 $2,715 $53,830 $13,720 $40,110
2020 $2,927 $53,830 $13,720 $40,110
2019 $2,549 $44,840 $11,410 $33,430
2018 $2,131 $44,840 $11,410 $33,430
2017 $1,597 $44,840 $11,410 $33,430
2016 $2,212 $36,050 $7,070 $28,980
2015 $2,212 $36,050 $7,070 $28,980
2014 $2,246 $36,050 $7,070 $28,980
2013 $957 $40,040 $7,840 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221001900

Columbus and Central Ohio Regional MLS

APN: 570-145814