NOT LISTED FOR SALE

Estimated Value: $553,320

8 Beds
3 Baths
3,125 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $312,000 $100 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,706/month

105 Days on Market

About This Home

As of April 2017

Solid Money-Maker. Side by side double that has been rehabbed. The 393 side done in 2014, and the 391 side in 2017. The 391 side has 5 bed/1 bath and the 393 side has 5 beds/2 baths. The 391 side is currently vacant due to the rehab which is now complete. The 393 side is rented through July, 2017 for $1900/month. Both sides are rented for 2017-2018 at $3000/month total. Tenants pay their own utilities. Off-street parking for at least 6 cars behind the house.

Last Listed By

Jill Fergus

Keller Williams Excel Realty Listed on: 01/25/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 1912

Lot Details

  • 4,792

Home Design

  • 3,125 Sq Ft Home
  • Duplex

Parking

  • 6 Parking Spaces
  • Common or Shared Parking

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-045556

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,556
  • Gross Income $45,600
  • Net Operating Income $36,044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,395

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1912
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 45600.0
  • Co List Office Phone: 614-392-5000
  • MLS Status: Closed
  • Subdivision Name: OSU campus area
  • Income Expenses Gross Income: 45600.0
  • Annual Expenses: 9556.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3125.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 6.0

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: 010-045556
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Monthly Rent (Other): 1900.0
  • Number Of Units Total: 2
  • Net Operating Income: 36044.0
  • Annual Operating Expense: 9556.0

Tax Info

  • Tax Annual Amount: 4395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Apr 10, 2017
Sold by
Drake Susan C
Bought by
Zhang Jianying and Yu Jianhua
Seller's Agent
Jill Fergus
Keller Williams Excel Realty
Buyer's Agent
Shane Coy
NextHome Experience
List Price
$349,000
Sold Price
$312,000
Premium/Discount to List
-$37,000
-10.6%
Total Days on Market
105
Current Estimated Value
$553,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,320
Original Mortgage
$234,000
Outstanding Balance
$128,364
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2013
Closed on
Mar 7, 2014
Sold by
391 393 E 17Th Ave Llc
Bought by
Drake Susan C
Seller's Agent
Brooks Humphreys
Realty Executives Decision
Buyer's Agent
Jill Fergus
Keller Williams Excel Realty
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Aug 27, 2012
Sold by
Mendola Janet F and Mendola Richard J
Bought by
391 393 E 17Th Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2008
Sold by
Us Bank National Association
Bought by
Mendola Richard L

Purchase Details

Closed on
Aug 11, 2008
Sold by
Cook Kevin L and Greenpoint Mortgage Funding
Bought by
Us Bank Na and Mlmi 2005-A6

Purchase Details

Closed on
Feb 10, 2005
Sold by
Gagen Kenneth J and Gagen Michele L
Bought by
Cook Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,710
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 1993

Purchase Details

Closed on
May 12, 1988

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
Zhang Jianying $312,000 None Available
Drake Susan C $75,000 --
391 393 E 17Th Ave Llc $58,666 --
Mendola Richard L $45,000 Ohio Real
Us Bank Na $80,000 Allodial
Cook Kevin L $701,900 New Century
-- $66,900 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Jianying $234,000
Closed Drake Susan C $210,000
Previous Owner 391 393 E 17Th Ave Llc $140,800
Previous Owner Cook Kevin L $166,400
Previous Owner Cook Kevin L $31,200
Previous Owner Cook Kevin L $181,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $312,000 -10.6% $100 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $349,000 +55.1% $112 / Sq Ft
03/21/2014 03/21/14 Sold $225,000 -6.2% $72 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $239,900 -- $77 / 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 $7,651 $166,950 $38,010 $128,940
2023 $7,555 $166,950 $38,010 $128,940
2022 $6,511 $122,510 $20,550 $101,960
2021 $6,522 $122,510 $20,550 $101,960
2020 $6,532 $122,510 $20,550 $101,960
2019 $6,094 $98,010 $16,420 $81,590
2018 $5,240 $98,010 $16,420 $81,590
2017 $6,093 $98,010 $16,420 $81,590
2016 $4,828 $71,060 $6,060 $65,000
2015 $4,395 $71,060 $6,060 $65,000
2014 $4,297 $69,310 $6,060 $63,250
2013 $1,927 $63,000 $5,495 $57,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216040656

Columbus and Central Ohio Regional MLS

APN: 010-045556