NOT LISTED FOR SALE

422-424 Forest St Columbus, OH 43206

Schumacher Place Neighborhood

Estimated Value: $405,471 - $467,000

4 Beds
2 Baths
1,456 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $428,000 $294 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,789/month

2 Days on Market

About This Home

As of May 2024

Great investment opportunity with this duplex! Each unit has 2BRs and 1 full BA -- complete renovation of both sides (2020) -- fenced in yard - front and rear, covered patios - off street parking as well as a two-car garage and central air. All furniture will remain with the property. Potential for an addcitional room on the upper level by adding a wall.
Financials and full list of improvements/updates can be found under the ''Documents'' tab! PLEASE SEE AGENT TO AGENT REMARKS!

Last Agent to Sell the Property

David Truitt

Keller Williams Greater Cols License #2006002138 Listed on: 05/13/2024

Keller Williams Greater Cols

Last Buyer's Agent

Nicole Yoder-Barnhart

Howard Hanna Real Estate Serv License #406627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,241

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 1,456 Sq Ft Home
  • Duplex

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-001608

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $37,869
  • Gross Income $51,531
  • Net Operating Income $15,091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,241

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 51531.0
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 51531.0
  • Annual Expenses: 37869.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1456.0
  • 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:Aluminum: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features On Street2: Yes
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • 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: 010-001608
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15091.0
  • Annual Operating Expense: 37869.0

Tax Info

  • Tax Annual Amount: 5241.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 1, 2024
Sold by
Schroeder Evan and Butcher Nickole
Bought by
Sb Forest Llc
Seller's Agent
David Truitt
Keller Williams Greater Cols
Buyer's Agent
Nicole Yoder-Barnhart
Howard Hanna Real Estate Serv
List Price
$395,000
Sold Price
$428,000
Premium/Discount to List
$33,000
8.35%
Views
12
Current Estimated Value
$444,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,368
Avg. Annual Appreciation
1.59%
Original Mortgage
$321,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2024
Closed on
May 13, 2024
Sold by
Houser Tyler S and Houser Elaine C
Bought by
Schroeder Evan and Butcher Nickole
Seller's Agent
David Truitt
Keller Williams Greater Cols
Buyer's Agent
Nicole Yoder-Barnhart
Howard Hanna Real Estate Serv
List Price
$395,000
Sold Price
$428,000
Premium/Discount to List
$33,000
8.35%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2021
Sold by
Houser Tyler S
Bought by
Houser Tyler S and Houser Elaine C

Purchase Details

Closed on
Jul 25, 2013
Sold by
Loving June Llen
Bought by
Houser Tyler S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1997
Sold by
Loving June Ellen
Bought by
Loving June Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
9.99%

Purchase Details

Closed on
Nov 2, 1994
Sold by
Bucci Rosemary
Bought by
June Ellen Loving Trustee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 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
Sb Forest Llc -- None Listed On Document
Schroeder Evan $428,000 Northwest Platinum Title, Llc
Houser Tyler S -- None Available
Houser Tyler S $175,000 Title First Agency Inc
Loving June Ellen -- Chelsea Title Agency
June Ellen Loving Trustee $59,000 --
-- $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Evan $321,000
Previous Owner Houser Tyler S $234,000
Previous Owner Houser Tyler S $23,858
Previous Owner Houser Tyler S $11,284
Previous Owner Houser Tyler S $171,830
Previous Owner Loving June Ellen $93,750
Previous Owner June Ellen Loving Trustee $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $428,000 0.0% $294 / Sq Ft
05/13/2024 05/13/24 Price Changed $428,000 +8.4% $294 / Sq Ft
05/10/2024 05/10/24 For Sale $395,000 -- $271 / 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 $5,308 $117,040 $56,840 $60,200
2023 $5,241 $117,040 $56,840 $60,200
2022 $4,504 $85,790 $39,690 $46,100
2021 $4,512 $85,790 $39,690 $46,100
2020 $4,519 $85,790 $39,690 $46,100
2019 $4,265 $69,440 $39,690 $29,750
2018 $3,986 $69,440 $39,690 $29,750
2017 $4,175 $69,440 $39,690 $29,750
2016 $4,086 $60,900 $20,440 $40,460
2015 $3,714 $60,900 $20,440 $40,460
2014 $3,724 $60,900 $20,440 $40,460
2013 $1,692 $55,335 $18,550 $36,785
Source: Public Records

Agents Affiliated with this Home

  • David Truitt

    Seller's Agent in 2024

    David Truitt

    Keller Williams Greater Cols

    (614) 905-1947

    1 in this area

    240 Total Sales

    David Truitt
    Section Image
  • Nicole Yoder-Barnhart

    Buyer's Agent in 2024

    Nicole Yoder-Barnhart

    Howard Hanna Real Estate Serv

    (614) 679-3412

    3 in this area

    246 Total Sales

    Nicole Yoder-Barnhart
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224014769

Columbus and Central Ohio Regional MLS

APN: 010-001608

Ohio Franklin County Columbus 43206 Schumacher Place

422-424 Forest St, Columbus, OH

This home is located at 422-424 Forest St, Columbus, OH 43206 since 13 May 2024 and is currently estimated at $444,368, approximately $305 per square foot. This property was built in 1900. 422-424 Forest St is a home located in Franklin County with nearby schools including Siebert Elementary School, South High School, and South Columbus Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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