NOT LISTED FOR SALE

3801 Sturbridge Ct Hilliard, OH 43026

24 Beds
-- Bath
27,040 Sq Ft
60,548 Sq Ft Lot

Last Sold September 24, 2019

Last sale price $1,225,000 $45 Per Sq Ft

335 Days on Market

Highlights

  • 1.39 Acre Lot
  • Hoffman Trails Elementary School Rated A-
  • Central Air

About This Home

As of September 2019

Well maintained Hilliard 24 unit Apartment building. Located on a large lot with development opportunities. Building is currently 100% occupied .Currently rented under market at $19,741/month. Each unit has 1.5-2 bathrooms.The spacious flats have been renovated with granite and quartz counters in most kitchens, stainless steel appliances, central air conditioning and bathrooms with higher end tile work and new vanities. Washing machine and dryer have been installed in most units. Attractive Non Recourse assumable financing in place. Buyer is responsible for 1% assumption fee or Seller's prepayment penalty in the event they do not wish to assume the financing. Plenty of Off-Street Parking in the rear of the building.

Last Agent to Sell the Property

Michael Linsker

Northsteppe Realty License #2009000205 Listed on: 08/29/2018

Last Buyer's Agent

Jay Zollars

RZ Realty License #363667

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • 1.39

Parking

  • Off-Street Parking: 1

Home Design

  • 27,040 Sq Ft Home
  • Brick Exterior Construction

Additional Features

  • 1.39 Acre Lot
  • Central Air

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 050-000239

Community Details

Overview

  • 24 Units

Building Details

  • Operating Expense $75,903
  • Gross Income $231,000
  • Net Operating Income $161,397

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

1.39 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1968
  • Tax Year: 2017
  • Property Sub-Type: Apartment
  • Lot Size Acres: 1.39
  • Total Gross Income: 231000.0
  • Co List Office Phone: 614-299-4110
  • MLS Status: Closed
  • Subdivision Name: Hilliard
  • Location Property Info List PriceSqFt: 86.91
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 231000.0
  • Annual Expenses: 75903.0
  • General Property Info Building Sq Ft: 27040.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: 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:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Schools

  • Junior High Dist: HILLIARD CSD 2510 FRA CO.

Lot Info

  • Parcel Number: 050-000239
  • Lot Size Sq Ft: 60548.4

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 24
  • Net Operating Income: 161397.0
  • Annual Operating Expense: 75903.0

Tax Info

  • Tax Annual Amount: 35887.0
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

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2019 09/24/19 Sold $1,225,000 -47.9% $45 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
02/22/2019 02/22/19 Price Changed $2,350,000 -6.7% $87 / Sq Ft
08/29/2018 08/29/18 For Sale $2,520,000 -- $93 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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
2025 $44,607 $471,490 $107,560 $363,930
2024 $44,607 $471,490 $107,560 $363,930
2023 $38,560 $471,490 $107,560 $363,930
2022 $38,933 $428,760 $91,670 $337,090
2021 $39,215 $428,760 $91,670 $337,090
2020 $39,604 $437,470 $91,670 $345,800
2019 $35,939 $350,000 $73,360 $276,640
2018 $17,876 $350,000 $73,360 $276,640
2017 $35,887 $350,000 $73,360 $276,640
2016 $22,976 $210,000 $73,360 $136,640
2015 $11,019 $210,000 $73,360 $136,640
2014 $22,148 $210,000 $73,360 $136,640
2013 $10,932 $210,000 $73,360 $136,640
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218032803

Columbus and Central Ohio Regional MLS
Your Personal Tour Guide

Ask me questions while you tour the home.