NOT LISTED FOR SALE

378 E Moler St Columbus, OH 43207

Merion Village Neighborhood

Estimated Value: $294,000 - $366,000

4 Beds
2 Baths
1,496 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $291,000 $195 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,198/month

4 Days on Market

About This Home

As of September 2022

Merion Village duplex. Both units have two bedrooms, one bath, living room, dining room, and kitchen. They both have two entrances and each have access to a finished basement with laundry and the backyard. The downstairs unit has been occupied since 2020 and the current lease goes through June, 2023. That tenant pays $950 / month. The recently vacated top floor unit was $995 / month. The water bill is not split between the units. The owner collects an additional $50 / month from each tenant for water, then pays the bill from that. Tenant is responsible for all other utilities. Listing agent has documented financials and lease information. Refrigerator, electric stove, dishwasher, washer and dryer in both units convey with the property.

Last Agent to Sell the Property

Karen Dallas

Keller Williams Greater Cols Listed on: 08/10/2022

Last Buyer's Agent

Steven Wilson

Reafco License #2020006272

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,958

Year Built

  • Built in 1959

Lot Details

  • 5,227

Home Design

  • 1,496 Sq Ft Home
  • Duplex
  • Stucco

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Additional Features

  • Washer and Dryer Hookup
  • 5,227 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-017257

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,946
  • Gross Income $23,478
  • Net Operating Income $16,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,958

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1959
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 23477.5
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Subdivision Name: Merion Village
  • Location Property Info List PriceSqFt: 183.82
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 23477.5
  • Annual Expenses: 6946.16
  • General Property Info Building Sq Ft: 1496.0
  • Miscellaneous Basement2: Yes
  • 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
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • 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: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-017257
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 16531.34
  • Annual Operating Expense: 6946.16

Tax Info

  • Tax Annual Amount: 3958.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 5, 2022
Sold by
Kleinknecht Katherine J
Bought by
Arbogast Mackenzie
Seller's Agent
Karen Dallas
Keller Williams Greater Cols
Buyer's Agent
Steven Wilson
Reafco
List Price
$275,000
Sold Price
$291,000
Premium/Discount to List
$16,000
5.82%
Views
8
Current Estimated Value
$336,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,944
Avg. Annual Appreciation
4.70%
Original Mortgage
$291,000
Outstanding Balance
$277,949
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$58,995

Purchase Details

Listed on
Mar 13, 2012
Closed on
Mar 25, 2013
Sold by
Century National Bank
Bought by
Kleinknecht Katherine J
Seller's Agent
Donna Boylan
Keller Williams Consultants
Buyer's Agent
Michelle Santuomo
Real of Ohio
List Price
$124,900
Sold Price
$108,500
Premium/Discount to List
-$16,400
-13.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$103,075
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2010
Sold by
Coman Warren and Case #09Cv7-11042
Bought by
Century National Bank

Purchase Details

Closed on
Apr 7, 2008
Sold by
Citibank Na
Bought by
Coman Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,250
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Moore Jerry and Wells Fargo Bank Na
Bought by
Citibank Na

Purchase Details

Closed on
Jun 7, 2006
Sold by
Home Team Real Estate Solutions Ltd
Bought by
Moore Jerry and Moore Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,250
Interest Rate
8.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 21, 2005
Sold by
Fifth Third Mortgage Co
Bought by
Home Team Real Estate Solutions Ltd

Purchase Details

Closed on
Apr 19, 2004
Sold by
Elsass Tobias H and Fifth Third Bank
Bought by
Fifth Third Mortgage Co

Purchase Details

Closed on
Nov 17, 2003
Sold by
Parker Linda K
Bought by
Elsass Tobias H

Purchase Details

Closed on
Jun 23, 1997
Sold by
Ellingen Steven A and Ellingen Lu Ann
Bought by
Elsass Tobias H and Parker Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8%

Purchase Details

Closed on
May 1, 1987

Purchase Details

Closed on
Jan 1, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arbogast Mackenzie $291,000 Bridge Title & Escrow Services
Kleinknecht Katherine J $108,000 Talon Title
Century National Bank $75,000 Attorney
Coman Warren $79,000 None Available
Citibank Na $120,000 None Available
Moore Jerry $239,000 Col Title
Home Team Real Estate Solutions Ltd $50,000 --
Fifth Third Mortgage Co $40,000 --
Elsass Tobias H -- --
Elsass Tobias H $60,000 Title First Agency Inc
-- $181,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arbogast Mackenzie $291,000
Previous Owner Kleinknecht Katherine J $103,075
Previous Owner Coman Warren $133,250
Previous Owner Moore Jerry $179,250
Previous Owner Elsass Tobias H $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Sold $291,000 +5.8% $195 / Sq Ft
08/10/2022 08/10/22 For Sale $275,000 0.0% $184 / Sq Ft
11/24/2020 11/24/20 Rented $850 0.0% --
10/25/2020 10/25/20 Price Changed $850 -5.0% $1 / Sq Ft
10/09/2020 10/09/20 Price Changed $895 -5.3% $1 / Sq Ft
09/23/2020 09/23/20 Price Changed $945 -5.0% $1 / Sq Ft
09/10/2020 09/10/20 Price Changed $995 -5.2% $1 / Sq Ft
08/17/2020 08/17/20 For Rent $1,050 0.0% --
03/29/2013 03/29/13 Sold $108,500 -13.1% $73 / Sq Ft View Prior Sale
02/27/2013 02/27/13 Pending -- -- --
03/13/2012 03/13/12 For Sale $124,900 -- $83 / 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 $5,032 $110,950 $48,020 $62,930
2023 $5,118 $110,950 $48,020 $62,930
2022 $3,951 $75,260 $16,490 $58,770
2021 $3,958 $75,260 $16,490 $58,770
2020 $3,964 $75,260 $16,490 $58,770
2019 $3,425 $55,760 $12,220 $43,540
2018 $2,867 $55,760 $12,220 $43,540
2017 $3,423 $55,760 $12,220 $43,540
2016 $2,548 $37,980 $9,660 $28,320
2015 $2,317 $37,980 $9,660 $28,320
2014 $2,322 $37,980 $9,660 $28,320
2013 $1,652 $54,005 $9,660 $44,345
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Dallas

    Keller Williams Greater Cols

  • S

    Buyer's Agent in 2022

    Steven Wilson

    Reafco

    Section Image
  • Kurt Lehmkuhl

    Seller's Agent in 2020

    Kurt Lehmkuhl

    Sterling Integrated Realty Services

    (614) 361-9047

    14 Total Sales

    Kurt Lehmkuhl
    Section Image

  • D

    Seller's Agent in 2013

    Donna Boylan

    Keller Williams Consultants

  • Michelle Santuomo

    Buyer's Agent in 2013

    Michelle Santuomo

    Real of Ohio

    (614) 747-3632

    35 Total Sales

    Michelle Santuomo
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222030120

Columbus and Central Ohio Regional MLS

APN: 010-017257

Ohio Franklin County Columbus 43206 Merion Village

378 E Moler St, Columbus, OH

Not Listed for Sale

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