NOT LISTED FOR SALE

373 E 16th Ave Unit 375 Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $452,113 - $485,000

6 Beds
2 Baths
2,856 Sq Ft
$164/Sq Ft Est. Value

Last Sold April 18, 2014

Last sale price $366,000 $128 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,900/month

40 Days on Market

About This Home

As of April 2014

Must See, Turn Key Investment! Completely renovated OSU off-campus duplex. The property consists of one 4 bed/2 bath and one 6 bed/2 bath townhouse units leased through July 2015 for $1,800 & $2,400 a month respectively. Some of the recent improvements include new windows, hardwood floors, kitchen/bath (all appliances), HVAC, electric, pluming, glass block basement windows and poured concrete parking to name a few. Tenants are responsible for all utilities.

Last Agent to Sell the Property

Matthew Brown

The Wagenbrenner Company License #2000000656 Listed on: 01/06/2014

Last Buyer's Agent

Matthew Brown

The Wagenbrenner Company License #2000000656 Listed on: 01/06/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,147

Year Built

  • Built in 1918

Lot Details

  • 4,356

Home Design

  • Duplex
  • Frame Construction

Parking

  • 8 Parking Spaces
  • Shared Driveway

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-012331

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $2,953
  • Operating Expense $6,100
  • Gross Income $50,400
  • Net Operating Income $44,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,147

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1918
  • Tax Year: 2012
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 50400.0
  • Co List Office Phone: 614-258-1844
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 143.52
  • Income Expenses Gross Income: 50400.0
  • Annual Expenses: 6099.8
  • Heat Fuel Gas4: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • Parking Features Shared Driveway2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-012331
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Monthly Rent (Other): 4200.0
  • Number Of Units Total: 2
  • Maintenance Expense: 2953.0
  • Net Operating Income: 44300.2
  • Annual Operating Expense: 6099.8

Tax Info

  • Tax Annual Amount: 3146.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Apr 18, 2014
Sold by
Butas Michael A
Bought by
Sg Osu1001 Llc
Seller's Agent
Matthew Brown
The Wagenbrenner Company
Buyer's Agent
Matthew Brown
The Wagenbrenner Company
List Price
$409,900
Sold Price
$366,000
Premium/Discount to List
-$43,900
-10.71%
Current Estimated Value
$453,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,846
Avg. Annual Appreciation
2.14%
Original Mortgage
$585,600
Outstanding Balance
$176,813
Interest Rate
4.41%
Mortgage Type
New Conventional
Estimated Equity
$292,465

Purchase Details

Closed on
Oct 31, 2007
Sold by
Bank Of New York
Bought by
Butas Michael A

Purchase Details

Closed on
May 29, 2007
Sold by
Hinebaugh Peter Dale and Hinebaugh Cwabs 2004-12
Bought by
Bank Of New York and Cwabs Inc Asset Backed Certificates Seri

Purchase Details

Closed on
Sep 29, 2004
Sold by
Scott Allen W and Scott Paul A
Bought by
Hinebaugh Peter Dale

Purchase Details

Closed on
Jun 21, 1989
Bought by
Scott Allen W and Scott Paul A
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sg Osu1001 Llc $732,000 Title First Agency Inc
Butas Michael A $65,500 Resource T
Bank Of New York $60,000 Independent
Hinebaugh Peter Dale $139,500 --
Scott Allen W $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sg Osu1001 Llc $585,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2014 04/18/14 Sold $366,000 -10.7% $128 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $409,900 -- $144 / 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 $6,328 $138,080 $36,260 $101,820
2023 $6,249 $138,075 $36,260 $101,815
2022 $5,232 $98,460 $19,600 $78,860
2021 $5,242 $98,460 $19,600 $78,860
2020 $5,250 $98,460 $19,600 $78,860
2019 $4,897 $78,750 $15,680 $63,070
2018 $8,957 $78,750 $15,680 $63,070
2017 $4,896 $78,750 $15,680 $63,070
2016 $9,070 $133,500 $5,780 $127,720
2015 $13,025 $133,500 $5,780 $127,720
2014 $3,509 $56,600 $5,780 $50,820
2013 $1,573 $51,450 $5,250 $46,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matthew Brown

    The Wagenbrenner Company

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214000409

Columbus and Central Ohio Regional MLS

APN: 010-012331

Ohio Franklin County Columbus 43201 Indianola Terrace

373 E 16th Ave Unit 375, Columbus, OH

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes