NOT LISTED FOR SALE

40 W Neff Ave Unit 42 Columbus, OH 43207

Merion Village Neighborhood

Estimated Value: $432,000 - $534,514

6 Beds
2 Baths
2,383 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $380,000 $159 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,293/month

12 Days on Market

About This Home

As of September 2021

Turnkey Merion Village Duplex/Double that has been completely remodeled in 2021. Endless opportunities with this one! Would make for an excellent buy and hold opportunity and/or owner occupant property. Also would make for a great AirBnB investment to add to your portfolio.

Step outside to a large fenced in backyard with a 2 car detached garage.

One unit (42 W Neff) has been intentionally left vacant for showing purposes.

This will not last long. Schedule a showing today to come take a look!

Last Listed By

Benjamin Alesi

Red 1 Realty License #2020001266 Listed on: 08/19/2021

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 1900

Lot Details

  • 5,227

Parking

  • Garage

Home Design

  • 2,383 Sq Ft Home
  • Duplex

Additional Features

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

Community Details

  • 2 Units
  • Gross Income $1,600

Listing and Financial Details

  • Assessor Parcel Number 010-056288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,050

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 1600.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 1600.0
  • General Property Info Building Sq Ft: 2383.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-056288
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 20, 2021
Sold by
Golden Parachute Llc
Bought by
Sayer Timothy and Rakhmistrovskaya Yelena
Seller's Agent
Benjamin Alesi
Red 1 Realty
Buyer's Agent
Don Payne
Vision Realty, Inc.
List Price
$399,995
Sold Price
$380,000
Premium/Discount to List
-$19,995
-5%
Total Days on Market
12
Current Estimated Value
$487,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,129
Avg. Annual Appreciation
6.58%
Original Mortgage
$323,000
Outstanding Balance
$297,723
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$181,535

Purchase Details

Closed on
Mar 22, 2021
Sold by
Lorz Communications Llc
Bought by
Golden Parachute Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,100
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 2020
Sold by
Estate Of Kathryn Mlorz
Bought by
Lorz F Michael

Purchase Details

Closed on
Jul 10, 2014
Sold by
Lorz F Michael and Lorz Kathryn J
Bought by
Lorz Kathryn J

Purchase Details

Closed on
Jul 24, 2000
Sold by
Breckenridge Kenneth L
Bought by
Lorz F Michael and Lorz Kathryn M

Purchase Details

Closed on
Oct 4, 1979
Bought by
Breckenridge Kenneth L

Range of Values:

Collateral Analytics

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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
Sayer Timothy $380,000 World Class Title
Golden Parachute Llc $220,200 Axxis Title Agency Ltd
Lorz F Michael -- None Available
Lorz Kathryn J -- None Available
Lorz F Michael $26,000 Franklin Abstract
Breckenridge Kenneth L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayer Timothy $323,000
Previous Owner Golden Parachute Llc $224,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $380,000 -5.0% $159 / Sq Ft
08/09/2021 08/09/21 For Sale $399,995 -- $168 / 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 $7,112 $155,190 $49,630 $105,560
2023 $7,173 $155,190 $49,630 $105,560
2022 $3,602 $63,850 $9,630 $54,220
2021 $3,045 $57,200 $9,630 $47,570
2020 $3,050 $57,200 $9,630 $47,570
2019 $2,942 $47,320 $7,140 $40,180
2018 $2,598 $47,320 $7,140 $40,180
2017 $2,711 $47,320 $7,140 $40,180
2016 $2,480 $36,510 $5,710 $30,800
2015 $2,258 $36,510 $5,710 $30,800
2014 $2,264 $36,510 $5,710 $30,800
2013 $1,241 $40,565 $6,335 $34,230
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Benjamin Alesi

    Red 1 Realty

    (513) 646-0698

    1 in this area

    30 Total Sales

    Section Image
  • Don Payne

    Buyer's Agent in 2021

    Don Payne

    Vision Realty, Inc.

    (614) 323-4348

    1 in this area

    435 Total Sales

    Don Payne
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221030766

Columbus and Central Ohio Regional MLS

APN: 010-056288

Ohio Franklin County Columbus 43207 Merion Village

40 W Neff Ave Unit 42, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 40 W Neff Ave Unit 42, Columbus, OH 43207 since 19 August 2021 and is currently estimated at $487,129, approximately $204 per square foot. This property was built in 1900. 40 W Neff Ave Unit 42 is a home located in Franklin County with nearby schools including Southwood Elementary School, South High School, and South Columbus Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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