NOT LISTED FOR SALE

430 E 16th Ave Unit 432 Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $308,454 - $382,000

4 Beds
2 Baths
1,584 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $229,000 $145 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,192/month

40 Days on Market

About This Home

As of February 2019

Fantastic opportunity for an OSU off-campus student housing investment! 2 beds on each side. Newer kitchens and baths with central A/C and 4 off street parking spots in back. Lots of potential for increased rent. Only a couple blocks from the newly announced re-development of Mapfre Stadium into a sports park. Request agent remarks.

Last Agent to Sell the Property

Todd DeHays

Connect Realty License #2006005827 Listed on: 01/10/2019

Last Buyer's Agent

Thasarin Mickelson

Signature Real Estate License #2007004289

Signature Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,917

Year Built

  • Built in 1957

Lot Details

  • 4,792

Home Design

  • 1,584 Sq Ft Home
  • Duplex
  • Stucco

Parking

  • 4 Parking Spaces
  • Common or Shared Parking

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-040915

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,090
  • Maintenance Expense $1,031
  • Operating Expense $6,038
  • Gross Income $16,128
  • Net Operating Income $10,091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,917

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1957
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 16128.0
  • Co List Office Phone: 614-503-4344
  • MLS Status: Closed
  • Income Expenses Gross Income: 16128.0
  • Annual Expenses: 6037.5
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1584.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • 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:Stucco2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 4.0
  • Parking Features Common: Yes

Utilities

  • 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: 010-040915
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Monthly Rent (Other): 645.0
  • Number Of Units Total: 2
  • Insurance Expense: 1090.0
  • Maintenance Expense: 1030.5
  • Net Operating Income: 10090.5
  • Annual Operating Expense: 6037.5

Tax Info

  • Tax Annual Amount: 3917.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Ridhibhinyo Sandra L
Bought by
Kphth Properties Llc
Current Estimated Value
$334,614

Purchase Details

Listed on
Jan 10, 2019
Closed on
Feb 28, 2019
Sold by
430 432 E 16Th Avenue Llc
Bought by
Ridhihinyo Sandra L
Seller's Agent
Todd DeHays
Connect Realty
Buyer's Agent
Thasarin Mickelson
Signature Real Estate
List Price
$229,900
Sold Price
$229,000
Premium/Discount to List
-$900
-0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$171,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2017
Sold by
Platte Michael J
Bought by
430 432 E 16Th Avenue Llc

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jan 16, 2015
Sold by
Pontius Jeffrey W
Bought by
Platte Michael J
Seller's Agent
Robert Ellis
List
Buyer's Agent
Brad DeHays
Connect Realty
List Price
$129,000
Sold Price
$132,000
Premium/Discount to List
$3,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$99,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2004
Sold by
Peele Properties Llc
Bought by
Pontius Jeffrey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2000
Sold by
Wright John W
Bought by
Peele Jonathan D

Purchase Details

Closed on
Oct 17, 1977
Bought by
Wright John W
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
Kphth Properties Llc -- None Available
Ridhihinyo Sandra L $229,000 Transcounty Title Agency Box
430 432 E 16Th Avenue Llc -- None Available
Platte Michael J $132,000 None Available
Pontius Jeffrey W $68,000 Principle Title Agency Llc
Peele Jonathan D $60,000 --
Wright John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ridhihinyo Sandra L $171,750
Previous Owner Platte Michael J $99,000
Previous Owner Pontius Jeffrey W $54,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2019 02/20/19 Sold $229,000 -0.4% $145 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $229,900 +74.2% $145 / Sq Ft
01/16/2015 01/16/15 Sold $132,000 +2.3% $83 / Sq Ft View Prior Sale
12/17/2014 12/17/14 Pending -- -- --
12/11/2014 12/11/14 For Sale $129,000 -- $81 / 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 $5,149 $112,350 $37,170 $75,180
2023 $5,084 $112,350 $37,170 $75,180
2022 $4,259 $80,150 $16,100 $64,050
2021 $4,267 $80,150 $16,100 $64,050
2020 $4,199 $78,760 $20,130 $58,630
2019 $3,917 $63,000 $16,100 $46,900
2018 $3,957 $63,000 $16,100 $46,900
2017 $3,528 $63,000 $16,100 $46,900
2016 $3,139 $46,210 $5,920 $40,290
2015 $4,004 $46,210 $5,920 $40,290
2014 $1,719 $27,730 $5,920 $21,810
2013 $771 $25,200 $5,390 $19,810
Source: Public Records

Agents Affiliated with this Home

  • Todd DeHays

    Seller's Agent in 2019

    Todd DeHays

    Connect Realty

    (614) 361-1897

    44 Total Sales

    Todd DeHays
    Section Image

  • T

    Buyer's Agent in 2019

    Thasarin Mickelson

    Signature Real Estate

    (614) 625-1139

    13 Total Sales

    Thasarin Mickelson
    Section Image

  • R

    Seller's Agent in 2015

    Robert Ellis

    List

  • B

    Buyer's Agent in 2015

    Brad DeHays

    Connect Realty

    (614) 354-0091

    1 Total Sale

    Brad DeHays
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219000792

Columbus and Central Ohio Regional MLS

APN: 010-040915

Ohio Franklin County Columbus 43201 Indianola Terrace

430 E 16th Ave Unit 432, Columbus, OH

Not Listed for Sale

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