NOT LISTED FOR SALE
5 Beds
-- Bath
4,266 Sq Ft
5,663 Sq Ft Lot

Last Sold February 05, 2020

Last sale price $456,000 $107 Per Sq Ft

107 Days on Market

About This Home

As of February 2020

HUGE PRICE REDUCTION...GET OFFERS IN BEFORE ITS GONE!

Owner has completed all work, including flooring appliances and cabinets on last unit and is now ready to rent.

Fantastic Opportunity to own a great student housing property on Ohio State Campus. Building is currently underperforming market and owner is ready to move on. Five spacious two bedroom apartments. 3 out of 5 rented. Avg in place rent is 795 - market is 900/unit.

This building is priced to sell immediately, buyer prefers a fast close...don't miss out!!

Last Agent to Sell the Property

Jeff Buren

Best Homes Real Estate Ltd. Listed on: 02/07/2020

Last Buyer's Agent

Milana Akopyan

ValEquity Real Estate License #2018001497

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,615

Year Built

  • Built in 1972

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 4,266 Sq Ft Home
  • Mixed Use
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 010-006569

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $15,045
  • Gross Income $38,505
  • Net Operating Income $23,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,615

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1972
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 38505.0
  • Co List Office Phone: 614-870-8893
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 97.28
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 38505.0
  • Annual Expenses: 15045.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 4266.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water 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: 010-006569
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Sewer, Trash Collection

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 23463.0
  • Annual Operating Expense: 15045.0

Tax Info

  • Tax Annual Amount: 6615.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2020 02/05/20 Sold $456,000 0.0% $107 / Sq Ft
01/25/2020 01/25/20 Off Market $456,000 -- --
12/19/2019 12/19/19 For Sale $415,000 0.0% $97 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
11/12/2019 11/12/19 Price Changed $415,000 -3.3% $97 / Sq Ft
10/10/2019 10/10/19 For Sale $429,000 0.0% $101 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $429,000 +108.3% $101 / Sq Ft
11/06/2013 11/06/13 Sold $206,000 -6.4% $50 / Sq Ft View Prior Sale
10/07/2013 10/07/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $220,000 -- $53 / 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 $12,823 $172,760 $24,570 $148,190
2023 $12,620 $172,760 $24,570 $148,190
2022 $11,969 $159,600 $18,620 $140,980
2021 $7,708 $102,340 $18,620 $83,720
2020 $7,655 $102,340 $18,620 $83,720
2019 $6,486 $78,750 $14,350 $64,400
2018 $6,005 $78,750 $14,350 $64,400
2017 $6,168 $78,750 $14,350 $64,400
2016 $5,807 $66,150 $14,350 $51,800
2015 $5,395 $66,150 $14,350 $51,800
2014 $5,342 $66,150 $14,350 $51,800
2013 $2,647 $66,150 $14,350 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219032299

Columbus and Central Ohio Regional MLS