NOT LISTED FOR SALE

420 S Richardson Ave Unit 2 Columbus, OH 43204

Central Hilltop Neighborhood

Estimated Value: $183,627 - $256,000

6 Beds
2 Baths
3,430 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $150,000 $44 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,552/month

292 Days on Market

About This Home

As of December 2021

Fully rented, well maintained 10 bedroom duplex. Curb offers only. Do not disturb tenants. Some upgrades including newer siding and windows and entry doors. See A2A remarks

Last Agent to Sell the Property

Michael Gunnarson

Howard Hanna Real Estate Svcs License #2004019599 Listed on: 11/04/2021

Howard Hanna Real Estate Svcs

Last Buyer's Agent

Jeffrey Jonas

RE/MAX Main Street License #444814

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,443

Year Built

  • Built in 1920

Lot Details

  • 6,098

Parking

  • Off-Street Parking: 1

Home Design

  • 3,430 Sq Ft Home

Additional Features

  • 6,098 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-051196

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,343
  • Gross Income $18,300
  • Net Operating Income $15,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,443

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2019
  • Lot Size Acres: 0.14
  • Total Gross Income: 18300.0
  • Co List Office Phone: 614-889-7400
  • MLS Status: Closed
  • Subdivision Name: Hilltop
  • Income Expenses Gross Income: 18300.0
  • Annual Expenses: 2343.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3430.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-051196
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15765.0
  • Annual Operating Expense: 2343.0

Tax Info

  • Tax Annual Amount: 1443.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Revah Ohio 2 Llc
Bought by
Revah Ohio 2A Llc
Current Estimated Value
$212,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,958,000
Outstanding Balance
$1,884,457
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
-$1,651,671

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 1, 2021
Sold by
Wck Investments Ltd
Bought by
Revah Ohio 2 Llc
Seller's Agent
Michael Gunnarson
Howard Hanna Real Estate Svcs
Buyer's Agent
Jeffrey Jonas
RE/MAX Main Street
List Price
$165,000
Sold Price
$150,000
Premium/Discount to List
-$15,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
May 21, 2014
Sold by
Knight William C and Knight William
Bought by
Wck Investments Ltd

Purchase Details

Closed on
Nov 7, 2013
Sold by
Wck Investments Ltd
Bought by
Knight William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,200
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2002
Sold by
Knight William C
Bought by
Wck Investments Ltd

Purchase Details

Closed on
Mar 28, 2001
Sold by
Stock John E
Bought by
Wilson James T and Wilson Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
8.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 1990
Bought by
Stock John E

Purchase Details

Closed on
Apr 1, 1987
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
Revah Ohio 2A Llc -- Servicelink
Revah Ohio 2 Llc $150,000 First Ohio Ttl Ins Agcy Ltd
Wck Investments Ltd -- None Available
Knight William -- None Available
Knight William -- None Available
Wck Investments Ltd -- Foundation Title
Wilson James T $61,000 Chicago Title
Stock John E $58,000 --
-- $33,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revah Ohio 2A Llc $1,958,000
Previous Owner Knight William $77,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $150,000 -9.1% $44 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $165,000 +10.0% $48 / Sq Ft
10/22/2021 10/22/21 Off Market $150,000 -- --
10/19/2021 10/19/21 Price Changed $165,000 -5.7% $48 / Sq Ft
08/30/2021 08/30/21 Price Changed $175,000 +3.6% $51 / Sq Ft
01/22/2021 01/22/21 For Sale $169,000 -- $49 / 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 $5,147 $75,190 $6,340 $68,850
2023 $3,403 $75,180 $6,335 $68,845
2022 $1,479 $27,830 $2,660 $25,170
2021 $1,482 $27,830 $2,660 $25,170
2020 $1,484 $27,830 $2,660 $25,170
2019 $1,443 $23,210 $2,240 $20,970
2018 $1,316 $23,210 $2,240 $20,970
2017 $1,234 $18,660 $2,240 $16,420
2016 $1,308 $19,250 $5,390 $13,860
2015 $1,191 $19,250 $5,390 $13,860
2014 $1,194 $19,250 $5,390 $13,860
2013 $891 $29,120 $6,335 $22,785
Source: Public Records

Agents Affiliated with this Home

  • Michael Gunnarson

    Seller's Agent in 2021

    Michael Gunnarson

    Howard Hanna Real Estate Svcs

    (614) 403-3163

    1 in this area

    68 Total Sales

    Michael Gunnarson
    Section Image

  • J

    Buyer's Agent in 2021

    Jeffrey Jonas

    RE/MAX

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221002045

Columbus and Central Ohio Regional MLS

APN: 010-051196

Ohio Franklin County Columbus 43204 Central Hilltop

420 S Richardson Ave Unit 2, Columbus, OH

This home is located at 420 S Richardson Ave Unit 2, Columbus, OH 43204 since 04 November 2021 and is currently estimated at $212,657, approximately $61 per square foot. This property was built in 1920. 420 S Richardson Ave Unit 2 is a home located in Franklin County with nearby schools including Burroughs Elementary School, Hilltonia Middle School, and Briggs High School.

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