NOT LISTED FOR SALE

401 Forest St Unit 403 Columbus, OH 43206

Schumacher Place Neighborhood

Estimated Value: $460,000 - $561,000

4 Beds
2 Baths
1,775 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 03, 2022

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

Est. 3% increase in value since last sale

Current estimated payment $3,218/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
  • Location Property Info List PriceSqFt: 281.63
  • Remarks Misc Hot Sheet Comments: new
  • 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
  • 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:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: 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
$512,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,912
Avg. Annual Appreciation
0.74%
Original Mortgage
$374,925
Outstanding Balance
$356,618
Interest Rate
5.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$156,194

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 23, 2022
Sold by
Kelley Lori L and Mcclellan 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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,925
Outstanding Balance
$356,618
Interest Rate
5.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
$156,194

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ragias Alexander $499,900 Chicago Title
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
Closed Ragias Alexander $374,925
Previous Owner Kelley Lori L $75,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    14 in this area

    212 Total Sales

    William Robbins
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    ERIC GLEDHILL

    Cutler Real Estate

    (614) 679-2814

    4 in this area

    122 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

Not Listed for Sale

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