NOT LISTED FOR SALE

384 Powell Rd Powell, OH 43065

Estimated Value: $415,368 - $548,000

4 Beds
4 Baths
2,400 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $345,000 $144 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,001/month

15 Days on Market

Highlights

  • Fireplace
  • 8 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Heritage Elementary School Rated A+

About This Home

As of November 2019

Rare investment opportunity in Powell! Completely updated DUPLEX in Olentangy schools. One side is leased for $1,350/mth (3 yr. lease with annual increases). The other unit is move-in ready and completely updated that is perfect for an owner occupant or investor. Each side has 2 large bedrooms, 1.5 bathrooms, upgraded kitchens, finished basements, attached garages, and concrete patios. No association fees. Tenants pay all utilities and maintain their yard.
New investors - this is perfect for you! Newer tenant with 3 yr. lease with annual increases to provide stability in your investment. Importnant components of the house have been replaced to minimize maintenance obligations. New HVAC, windows, flooring, etc. Owner is licensed sales agent in Ohio. See A2A remarks for list of improvements

Last Agent to Sell the Property

jacob eganhouse

Best Homes Real Estate Ltd. License #2015002966 Listed on: 11/06/2019

Last Buyer's Agent

Jacob Eganhouse

Planned Communities Realty Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,098

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 8 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Shared Driveway
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 318-324-02-051-000

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,200
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,098

Year Built

Built in 1984

Lot Details

0.34 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1984
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.34
  • Total Gross Income: 16200.0
  • Co List Office Phone: 614-870-8893
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 145.79
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 16200.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2400.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: 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: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Garage Door Opener, Common
  • Total Parking Spaces: 8.0
  • Parking Features Shared Driveway2: Yes
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Attached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Garage Door Opener: Yes
  • Parking Features Common: Yes

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: OLENTANGY LSD 2104 DEL CO.

Lot Info

  • Parcel Number: 318-324-02-051-000
  • Lot Size Sq Ft: 14810.4

Multi Family

  • Monthly Rent (Other): 1450.0
  • Number Of Units Total: 2
  • Net Operating Income: 16200.0

Tax Info

  • Tax Annual Amount: 6098.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
County Treasurer
Bought by
Tax Ease Oh V Llc
Current Estimated Value
$476,456

Purchase Details

Listed on
Nov 6, 2019
Closed on
Nov 19, 2019
Sold by
Eganhouse Jacob
Bought by
Cal Sullivan Llc
Seller's Agent
jacob eganhouse
Best Homes Real Estate Ltd.
Buyer's Agent
jacob eganhouse
Best Homes Real Estate Ltd.
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Listed on
Oct 25, 2016
Closed on
Mar 24, 2017
Sold by
Karagezyan Oganes
Bought by
Eganhouse Jacob
Seller's Agent
Julie Petruzzi
Berkshire Hathaway HS Plus Rea
Buyer's Agent
jacob eganhouse
Best Homes Real Estate Ltd.
List Price
$249,900
Sold Price
$231,000
Premium/Discount to List
-$18,900
-7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%

Purchase Details

Closed on
Jul 16, 2011
Sold by
Karagezyan Oganes and Manukyan Shushana
Bought by
Agabalyan Bella

Purchase Details

Closed on
Nov 2, 2006
Sold by
Fletcher Mark E and Fletcher Virginia L
Bought by
Karagezyan Oganes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.37%
Mortgage Type
Commercial
Source: Public Records
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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
Tax Ease Oh V Llc -- --
Cal Sullivan Llc $345,000 Landsel Title
Eganhouse Jacob $231,000 None Available
Agabalyan Bella $196,000 Attorney
Karagezyan Oganes $195,000 Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karagezyan Oganes $156,000
Closed Agabalyan Bella $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2019 11/19/19 Sold $345,000 -1.4% $144 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $349,900 0.0% $146 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $349,900 0.0% $146 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/24/2019 10/24/19 For Sale $349,900 +51.5% $146 / Sq Ft
03/24/2017 03/24/17 Sold $231,000 -7.6% $96 / Sq Ft View Prior Sale
02/22/2017 02/22/17 Pending -- -- --
10/25/2016 10/25/16 For Sale $249,900 -- $104 / 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
2024 $6,651 $108,720 $12,430 $96,290
2023 $6,662 $108,720 $12,430 $96,290
2022 $8,401 $120,750 $14,350 $106,400
2021 $8,932 $120,750 $14,350 $106,400
2020 $8,723 $120,750 $14,350 $106,400
2019 $5,540 $80,860 $11,030 $69,830
2018 $6,098 $80,860 $11,030 $69,830
2017 $4,841 $64,470 $9,660 $54,810
2016 $4,931 $64,470 $9,660 $54,810
2015 $4,625 $64,470 $9,660 $54,810
2014 $4,469 $64,470 $9,660 $54,810
2013 $4,753 $64,470 $9,660 $54,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219040427

Columbus and Central Ohio Regional MLS

APN: 318-324-02-051-000

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