NOT LISTED FOR SALE

414-416 S Monroe Ave Unit 16 Columbus, OH 43205

Olde Towne East Neighborhood

Estimated Value: $273,363 - $442,000

6 Beds
3 Baths
2,520 Sq Ft
$140/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $295,000 $117 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,304/month

4 Days on Market

About This Home

As of January 2023

Side by side duplex, perfect for owner-occupant. Both sides consist of 3 bedrooms and 1 full bathroom. One unit completely updated. Other unit has a long-term tenant. Plenty of off-street parking. Close to Nationwide Children's Hospital, downtown, Short North, Old Town East, as well as freeway entrance.

Last Agent to Sell the Property

Erica Robinson

Signature Real Estate License #2008003769 Listed on: 12/06/2022

Signature Real Estate

Last Buyer's Agent

Erica Robinson

Signature Real Estate License #2008003769 Listed on: 12/06/2022

Signature Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,483

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-017954

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,700
  • Gross Income $25,000
  • Net Operating Income $22,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,483

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: 0.12
  • Total Gross Income: 25000.0
  • Co List Office Phone: 614-486-0101
  • MLS Status: Closed
  • Income Expenses Gross Income: 25000.0
  • Annual Expenses: 2700.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2520.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-017954
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 22300.0
  • Annual Operating Expense: 2700.0

Tax Info

  • Tax Annual Amount: 1483.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Gibson Dallis Lynn
Bought by
414 416 South Monroe Revocable Trust
Total Days on Market
4
Current Estimated Value
$352,591

Purchase Details

Listed on
Dec 6, 2022
Closed on
Dec 27, 2022
Sold by
Mrns Properties Llc
Bought by
Gibson Dallis Lynn
Seller's Agent
Erica Robinson
Signature Real Estate
Buyer's Agent
Erica Robinson
Signature Real Estate
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$250,750
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2019
Sold by
Robinson Michael and Robinson Sarah
Bought by
Mrnxs Properties Llc

Purchase Details

Closed on
Jul 12, 2018
Sold by
Old Oak Rentals Llc
Bought by
Robinson Michael

Purchase Details

Closed on
Aug 29, 2014
Sold by
Classic Turnkey Properties Llc
Bought by
Old Oak Rentals Llc

Purchase Details

Closed on
Jul 2, 2014
Sold by
Municipal Tax Property Llc
Bought by
Classic Turnkey Properties Llc

Purchase Details

Closed on
Feb 5, 2014
Sold by
Lctm Properties Llc
Bought by
Municipal Tax Property Llc

Purchase Details

Closed on
Jul 6, 2004
Sold by
Tuvelle Mark and Johnson Lisa
Bought by
Lctm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Parker Jeffrey
Bought by
Lctm Properties Llc

Purchase Details

Closed on
May 26, 1999
Sold by
Hazel Nadine Y
Bought by
Parker Jeffrey and Parker Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
6.92%
Source: Public Records

Range of Values:

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Average Value
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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
414 416 South Monroe Revocable Trust -- None Listed On Document
Gibson Dallis Lynn $295,000 Valmer Land Title
Mrnxs Properties Llc -- Pm Title Box
Robinson Michael $66,300 Pm Title Llc
Old Oak Rentals Llc $67,000 Hostetler Title
Classic Turnkey Properties Llc $18,000 Williamson Title Box
Municipal Tax Property Llc $22,477 None Available
Lctm Properties Llc -- Mcs Title B
Tuvelle Mark -- Mcs Title
Lctm Properties Llc $24,500 --
Parker Jeffrey $66,000 Peterson Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson Dallis Lynn $250,750
Previous Owner Lctm Properties Llc $110,000
Previous Owner Tuvelle Mark $124,000
Previous Owner Lctm Properties Llc $52,600
Previous Owner Parker Jeffrey $52,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $295,000 -3.3% $117 / Sq Ft
12/05/2022 12/05/22 For Sale $305,000 -- $121 / 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 $3,994 $87,160 $21,810 $65,350
2023 $2,750 $60,770 $21,810 $38,960
2022 $1,481 $27,860 $1,680 $26,180
2021 $1,483 $27,860 $1,680 $26,180
2020 $1,577 $27,860 $1,680 $26,180
2019 $1,608 $23,210 $1,400 $21,810
2018 $1,317 $23,210 $1,400 $21,810
2017 $1,402 $23,210 $1,400 $21,810
2016 $1,311 $19,290 $2,910 $16,380
2015 $1,193 $19,290 $2,910 $16,380
2014 $641 $19,290 $2,910 $16,380
2013 $641 $20,300 $3,045 $17,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222043705

Columbus and Central Ohio Regional MLS

APN: 010-017954