NOT LISTED FOR SALE

373 E 16th Ave Unit 375 Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $457,321 - $491,000

6 Beds
2 Baths
2,856 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 18, 2014

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

Est. 30% increase in value since last sale

Current estimated payment $3,115/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
  • 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
$475,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,080
Avg. Annual Appreciation
2.38%
Original Mortgage
$585,600
Interest Rate
4.41%
Mortgage Type
New Conventional

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
7.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 21, 1989
Bought by
Scott Allen W and Scott Paul A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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 $608,000
Closed Sg Osu1001 Llc $585,600
Previous Owner Butas Michael A $191,760
Previous Owner Hinebaugh Peter Dale $111,600
Previous Owner Hinebaugh Peter Dale $27,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

This home is located at 373 E 16th Ave Unit 375, Columbus, OH 43201 since 06 January 2014 and is currently estimated at $475,080, approximately $166 per square foot. This property was built in 1918. 373 E 16th Ave Unit 375 is a home located in Franklin County with nearby schools including Weinland Park Elementary School, Dominion Middle School, and Whetstone High School.

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