423 E 14th Ave Unit 425 Columbus, OH 43201
Indianola Terrace Neighborhood
--
Bed
--
Bath
1,754
Sq Ft
5,837
Sq Ft Lot
About This Home
As of September 2024OPPORTUNITY to INVEST in this 2-unit duplex near The Ohio State University campus
The first-floor unit consists of a living room, Kitchen with appliances, a full bath, and one bedroom.
The 2nd-floor unit has access to a THIRD-floor loft, great office, studio office space, or a 2nd bedroom. The unit consists of a living room, Full bath, Kitchen with appliances, and bedroom.
Updates include newer windows, a newer deck, and stairs in the rear. Off-street parking for four cars, plus a short walk to the COTA and CURB bus stops!
Perfect HOUSE HACK opportunity for the first-time investor! The tenants pay for electricity and gas; the owner pays for water and the sewer.
The rents are $900 for the first floor and $805 for the second floor.
Seller may consider buyer concessions.
Last Agent to Sell the Property
Keller Williams Capital Ptnrs License #2014000204 Listed on: 08/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,396
Year Built
- Built in 1900
Home Design
- 1,754 Sq Ft Home
- Duplex
- Frame Construction
Laundry
- Washer and Dryer Hookup
Parking
- 4 Parking Spaces
- On-Street Parking
- Off-Street Parking: 1
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- The owner pays for electricity, sewer
- Assessor Parcel Number 004448
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,111
- Maintenance Expense $5,736
- Operating Expense $11,970
- Gross Income $25,476
- Net Operating Income $13,506
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2024
Closed on
Sep 24, 2024
Sold by
423E 14Th Llc
Bought by
Bakhshi Amir
Seller's Agent
Joseph C Jackson
Keller Williams Capital Ptnrs
Buyer's Agent
August Brunsman
Berkshire Hathaway HS Pro Rlty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Total Days on Market
42
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,185
Avg. Annual Appreciation
0.66%
Original Mortgage
$245,000
Outstanding Balance
$243,643
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$22,542
Purchase Details
Listed on
Sep 7, 2013
Closed on
Sep 25, 2013
Sold by
Darbyshire Larry D and Darbyshire Brice R
Bought by
423 E 14Th Llc
Seller's Agent
Melissa Ellis
RE/MAX Premier Choice
Buyer's Agent
Joseph C Jackson
Keller Williams Capital Ptnrs
List Price
$114,900
Sold Price
$107,000
Premium/Discount to List
-$7,900
-6.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$112,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2012
Sold by
Bowman Joseph A
Bought by
Darbyshire Larry D and Darbyshire Brice R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,800
Interest Rate
3.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 3, 1996
Sold by
Liening Roger H
Bought by
Bowman Joseph A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,650
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 1, 1980
Similar Home in Columbus, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Ohio Real Title | |
| Warranty Deed | $102,000 | None Available | |
| Survivorship Deed | $94,400 | None Available | |
| Deed | $54,000 | -- | |
| Deed | $34,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,000 | New Conventional | |
| Previous Owner | $112,000 | Purchase Money Mortgage | |
| Previous Owner | $70,800 | New Conventional | |
| Previous Owner | $56,500 | Unknown | |
| Previous Owner | $56,650 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2024 09/25/24 | Sold | $265,000 | -3.6% | $151 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $275,000 | +157.0% | $157 / Sq Ft |
| 09/27/2013 09/27/13 | Sold | $107,000 | -6.9% | $61 / Sq Ft |
| 09/05/2013 09/05/13 | For Sale | $114,900 | -- | $66 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 | $12,769 | $97,130 | $40,880 | $56,250 |
| 2023 | $4,396 | $97,125 | $40,880 | $56,245 |
| 2022 | $4,713 | $59,090 | $22,160 | $36,930 |
| 2021 | $3,146 | $59,090 | $22,160 | $36,930 |
| 2020 | $3,151 | $59,090 | $22,160 | $36,930 |
| 2019 | $2,938 | $47,250 | $17,710 | $29,540 |
| 2018 | $2,636 | $47,250 | $17,710 | $29,540 |
| 2017 | $2,753 | $47,250 | $17,710 | $29,540 |
| 2016 | $2,568 | $37,800 | $6,860 | $30,940 |
| 2015 | $2,338 | $37,800 | $6,860 | $30,940 |
| 2014 | $2,344 | $37,800 | $6,860 | $30,940 |
| 2013 | $867 | $28,350 | $6,230 | $22,120 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph C Jackson
Seller's Agent in 2024
Joseph C Jackson
Keller Williams Capital Ptnrs
(614) 888-1000
3 in this area
193 Total Sales
-
August Brunsman
Buyer's Agent in 2024
August Brunsman
Berkshire Hathaway HS Pro Rlty
(614) 596-7940
1 in this area
25 Total Sales
-
M
Seller's Agent in 2013
Melissa Ellis
RE/MAX
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 224028108
APN: 010-004448
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