NOT LISTED FOR SALE

406 Morrison Ave Unit 408 Columbus, OH 43205

Franklin Park Neighborhood

Estimated Value: $434,210 - $566,000

8 Beds
2 Baths
2,904 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $328,500 $113 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,052/month

83 Days on Market

About This Home

As of November 2017

Located in the Franklin Park Neighborhood, this brick double has been completely renovated. The open first floor living space is great for entertaining. Each side has 3 bedrooms, 1.5 baths, and a finished third floor. Everything is new from the flooring to the mechanicals. Brand new 2 car detached garage. Multiple renovations happening on this street. Perfect opportunity to get into this neighborhood just minutes from Bexley and Olde Towne East.

(Great opportunity for an owner occupant with potential rental income of $1500/month)

Last Agent to Sell the Property

Misty Linn

Core Ohio, Inc. Listed on: 07/08/2017

Last Buyer's Agent

Deepa Bausman

Fathom Realty Ohio

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1913

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,904 Sq Ft Home
  • Duplex

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-022673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,557

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1913
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Co List Office Phone: 614-429-5404
  • MLS Status: Closed
  • General Property Info Building Sq Ft: 2904.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-022673
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1557.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2017
Closed on
Oct 26, 2017
Sold by
Right Property Group Llc
Bought by
Ksi Realty Holdings Llc
Seller's Agent
Misty Linn
Core Ohio, Inc.
Buyer's Agent
Deepa Bausman
Fathom Realty Ohio
List Price
$345,000
Sold Price
$328,500
Premium/Discount to List
-$16,500
-4.78%
Total Days on Market
83
Current Estimated Value
$521,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,303
Avg. Annual Appreciation
6.37%
Original Mortgage
$262,800
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 10, 2017
Closed on
Feb 10, 2017
Sold by
1146 Summit Llc
Bought by
Right Property Group Llc
Seller's Agent
Daniel Gniwisch
ME Real Estate Columbus, Inc.
Buyer's Agent
Misty Linn
Core Ohio, Inc.
List Price
$69,000
Sold Price
$59,000
Premium/Discount to List
-$10,000
-14.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
985.60%
Original Mortgage
$110,000
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 11, 2016
Sold by
Marbe Enterprsies Inc
Bought by
1146 Summit Llc

Purchase Details

Closed on
Apr 6, 2009
Sold by
Seg Commercial Llc
Bought by
Marbe Enterprises Inc

Purchase Details

Closed on
Mar 21, 2009
Sold by
National Asset Management Group Llc
Bought by
Seg Commercial Llc

Purchase Details

Closed on
Jan 5, 2009
Sold by
National Asset Management Group
Bought by
National Asset Management Group Llc

Purchase Details

Closed on
Nov 3, 2008
Sold by
Wells Fargo Bank Na
Bought by
National Asset Management Group

Purchase Details

Closed on
Jul 16, 2008
Sold by
Ellis Bobby R and Case #07Cve07 9951
Bought by
Wells Fargo Bank Na and Morgan Stanley Dean Witter Capital I Inc

Purchase Details

Closed on
Aug 2, 1996
Sold by
Reinhart Robert L
Bought by
Bobby R Ellis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.33%
Mortgage Type
New Conventional
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
Ksi Realty Holdings Llc $328,500 Northwest Title Family Of Co
Right Property Group Llc $59,000 None Available
1146 Summit Llc $19,000 Stella Title Agency Inc
Marbe Enterprises Inc $23,900 None Available
Seg Commercial Llc $3,500 None Available
National Asset Management Group Llc $6,100 Madison
National Asset Management Group $6,100 Madison
Wells Fargo Bank Na $56,950 Allodial
Bobby R Ellis $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ksi Realty Holding Llc $1,330,000
Closed Ksi Realty Holdings Llc $262,800
Previous Owner Right Property Group Llc $10,000
Previous Owner Right Property Group Llc $110,000
Previous Owner Ellis Bobby R $69,000
Previous Owner Bobby R Ellis $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2017 11/01/17 Sold $328,500 -4.8% $113 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $345,000 +484.7% $119 / Sq Ft
02/10/2017 02/10/17 Sold $59,000 -14.5% $20 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $69,000 -- $24 / 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 $1,566 $136,900 $22,230 $114,670
2023 $1,546 $136,900 $22,230 $114,670
2022 $726 $114,570 $1,720 $112,850
2021 $727 $114,570 $1,720 $112,850
2020 $728 $114,570 $1,720 $112,850
2019 $832 $95,490 $1,440 $94,050
2018 $917 $95,490 $1,440 $94,050
2017 $875 $14,080 $1,440 $12,640
2016 $1,557 $6,650 $3,290 $3,360
2015 $955 $12,990 $3,290 $9,700
2014 $805 $12,990 $3,290 $9,700
2013 $419 $13,685 $3,465 $10,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217024437

Columbus and Central Ohio Regional MLS

APN: 010-022673