NOT LISTED FOR SALE

401 Forest St Unit 403 Columbus, OH 43206

Schumacher Place Neighborhood

Estimated Value: $417,000 - $561,000

4 Beds
2 Baths
1,775 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $499,900 $282 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,210/month

2 Days on Market

About This Home

As of June 2022

Schumacher Place brick double. Very well maintained 2 bedroom/ 1 bath per side. 100% occupied, full basements with washer/ dryer hook up. Patio & fenced in yard. Large lot with future development potential. '' TENANTS RIGHTS APPLY''

Last Agent to Sell the Property

William Robbins

Coldwell Banker Realty License #2005014002 Listed on: 04/21/2022

Coldwell Banker Realty

Co-Listed By

ERIC GLEDHILL

Cutler Real Estate License #2005008010

Last Buyer's Agent

Leah Bastin

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,333

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,775 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-002985

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,333
  • Gross Income $30,600
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,333

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 30600.0
  • Co List Office Mls Id: 10242
  • Co List Office Phone: 614-610-1417
  • Co List Office Phone: 614-610-1417
  • MLS Status: Closed
  • Subdivision Name: Schumacher Place
  • Income Expenses Gross Income: 30600.0
  • Annual Expenses: 5333.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1775.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-002985
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 30600.0
  • Annual Operating Expense: 5333.0

Tax Info

  • Tax Annual Amount: 5333.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 13, 2022
Sold by
Kelley Lori L and Kelley Kelly J
Bought by
Ragias Alexander
Seller's Agent
William Robbins
Coldwell Banker Realty
Buyer's Agent
Leah Bastin
Cutler Real Estate
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$486,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,383
Avg. Annual Appreciation
-0.88%
Original Mortgage
$374,925
Outstanding Balance
$359,142
Interest Rate
5.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$127,375

Purchase Details

Closed on
Apr 10, 2001
Sold by
Brown Cheryl
Bought by
Kelley Lori L and Mcclellan Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
7.05%

Purchase Details

Closed on
Jul 29, 1991
Bought by
Brown William J

Purchase Details

Closed on
Jul 29, 1987

Purchase Details

Closed on
Dec 1, 1986
Source: Public Records

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Range of Values:

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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
Ragias Alexander $499,900 Chicago Title
Kelley Lori L $84,000 Central City Title Agency
Brown William J -- --
-- -- --
-- $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragias Alexander $374,925
Previous Owner Kelley Lori L $157,000
Previous Owner Mcclellan Kelly J $176,000
Previous Owner Kelley Lori L $75,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $499,900 0.0% $282 / Sq Ft
04/21/2022 04/21/22 For Sale $499,900 -- $282 / 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 $6,114 $133,420 $56,840 $76,580
2023 $6,098 $133,420 $56,840 $76,580
2022 $5,323 $100,170 $39,690 $60,480
2021 $5,333 $100,170 $39,690 $60,480
2020 $5,341 $100,170 $39,690 $60,480
2019 $4,895 $78,720 $39,690 $39,030
2018 $4,824 $78,720 $39,690 $39,030
2017 $4,894 $78,720 $39,690 $39,030
2016 $5,229 $76,970 $26,010 $50,960
2015 $4,761 $76,970 $26,010 $50,960
2014 $4,772 $76,970 $26,010 $50,960
2013 $2,140 $69,965 $23,625 $46,340
Source: Public Records

Agents Affiliated with this Home

  • William Robbins

    Seller's Agent in 2022

    William Robbins

    Coldwell Banker Realty

    (614) 208-8785

    12 in this area

    239 Total Sales

    William Robbins
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    ERIC GLEDHILL

    Cutler Real Estate

    (614) 610-1417

    4 in this area

    113 Total Sales

    ERIC GLEDHILL
    Section Image

  • L

    Buyer's Agent in 2022

    Leah Bastin

    Cutler Real Estate

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222012722

Columbus and Central Ohio Regional MLS

APN: 010-002985

Ohio Franklin County Columbus 43206 Schumacher Place

401 Forest St Unit 403, Columbus, OH

This home is located at 401 Forest St Unit 403, Columbus, OH 43206 since 21 April 2022 and is currently estimated at $486,517, approximately $274 per square foot. This property was built in 1900. 401 Forest St Unit 403 is a home located in Franklin County with nearby schools including Siebert Elementary School, South High School, and South Columbus Preparatory Academy.

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