NOT LISTED FOR SALE

388 S Powell Ave Unit 390 Columbus, OH 43204

Westgate Neighborhood

Estimated Value: $194,000 - $246,722

4 Beds
2 Baths
1,427 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $235,000 $165 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,517/month

2 Days on Market

About This Home

As of July 2024

Cash flowing duplex rented at $950/ unit plus $50 water/ trash fee for each side! Each unit is a 2 bed 1 bath unit at 713 sq ft each. Entire property was updated in 2021 including brand new HVACs and Roof! Great opportunity for a smart investor to add to their existing portfolio, or for the new investor to take on as their first rental property.

Last Agent to Sell the Property

Edward Mcclintick

Joseph Walter Realty, LLC License #2020006263 Listed on: 03/06/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1948

Lot Details

  • 5,663

Home Design

  • 1,427 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Parking

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

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Basement

Community Details

  • 2 Units
  • Gross Income $22,800

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 010-039953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,071

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1948
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 22800.0
  • Co List Office Phone: 888-227-1009
  • MLS Status: Closed
  • Income Expenses Gross Income: 22800.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1427.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-039953
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1071.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
616 N Elisabeth Street Llc
Bought by
Almog Capital Llc
Current Estimated Value
$228,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Outstanding Balance
$162,743
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
$68,198

Purchase Details

Closed on
Mar 9, 2020
Sold by
Swicegood John R and Swicegood Lynne S
Bought by
616 E Elisabeth Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,790
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 1986
Bought by
Swicegood Ii John R

Purchase Details

Closed on
Oct 1, 1978
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
Almog Capital Llc $235,000 Pm Title
616 E Elisabeth Street Llc $51,000 Pm Title Llc
Swicegood Ii John R $40,000 --
-- $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almog Capital Llc $164,500
Previous Owner 616 E Elisabeth Street Llc $92,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $235,000 +2.2% $165 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $229,900 -- $161 / 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 $3,086 $67,340 $22,540 $44,800
2023 $3,048 $67,340 $22,540 $44,800
2022 $1,071 $20,160 $3,080 $17,080
2021 $1,073 $20,160 $3,080 $17,080
2020 $1,047 $19,640 $3,080 $16,560
2019 $1,017 $16,350 $2,560 $13,790
2018 $963 $16,350 $2,560 $13,790
2017 $1,009 $16,350 $2,560 $13,790
2016 $1,001 $14,740 $5,710 $9,030
2015 $912 $14,740 $5,710 $9,030
2014 $914 $14,740 $5,710 $9,030
2013 $531 $17,360 $6,720 $10,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224006386

Columbus and Central Ohio Regional MLS

APN: 010-039953