NOT LISTED FOR SALE

481 Carpenter St Unit 483 Columbus, OH 43205

Olde Towne East Neighborhood

Estimated Value: $134,766 - $371,000

6 Beds
2 Baths
2,324 Sq Ft
$105/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $65,000 $28 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $1,570/month

9 Days on Market

About This Home

As of May 2016

Can be sold with 485-487 Carpenter. Renovated in 1996 in an up and coming area near Nationwide Children s Hospital and Olde Town East. Tenants pay all utilities. Gas range and refrigerator in each unit. See attached interior photos. Income is actual, expenses are projected. One unit (483) leased at $600 until 3/31/17. One unit (481) is on month-to-month rental at $575.

Last Agent to Sell the Property

Joseph C Jackson

Keller Williams Capital Ptnrs License #2014000204 Listed on: 03/23/2016

Keller Williams Capital Ptnrs

Last Buyer's Agent

Mona Cope

Red 1 Realty License #2005007400

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $943

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • 2,324 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-052253

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,935
  • Gross Income $14,100
  • Net Operating Income $9,165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$943

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.07
  • Total Gross Income: 14100.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Income Expenses Gross Income: 14100.0
  • Annual Expenses: 4935.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2324.0
  • General Property Info # of Buildings: 1.0
  • 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: 010-052253
  • Lot Size Sq Ft: 3049.2
  • Zoning Description: R-2-F

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9165.0
  • Annual Operating Expense: 4935.0

Tax Info

  • Tax Annual Amount: 943.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 2, 2016
Sold by
481 487 Carpenter Llc
Bought by
Mcintosh Megan Elizabeth
Seller's Agent
Joseph C Jackson
Keller Williams Capital Ptnrs
Buyer's Agent
Mona Cope
Red 1 Realty
List Price
$65,000
Sold Price
$65,000
Total Days on Market
9
Current Estimated Value
$243,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,692
Avg. Annual Appreciation
15.63%
Original Mortgage
$63,882
Outstanding Balance
$51,615
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$192,077

Purchase Details

Closed on
Jan 25, 2013
Sold by
South Of Main Homes Limited Partnership
Bought by
Nellis Park Llc

Purchase Details

Closed on
Nov 10, 1994
Sold by
Applebaum Brent
Bought by
South Of Main Homes Ltd Ptns

Purchase Details

Closed on
May 24, 1991

Purchase Details

Closed on
Feb 12, 1990
Source: Public Records

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Range of Values:

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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
Mcintosh Megan Elizabeth $65,000 Stella Title Agency Inc
Nellis Park Llc $29,000 None Available
South Of Main Homes Ltd Ptns $74,220 --
-- $25,000 --
-- $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintosh Megan Elizabeth $63,882
Closed Mcintosh Megan E $3,250
Previous Owner South Of Main Homes Limited Partnership $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $65,000 0.0% $28 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $65,000 +124.1% $28 / Sq Ft
05/09/2013 05/09/13 Sold $29,000 -30.7% $12 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
02/02/2012 02/02/12 For Sale $41,832 -- $18 / 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 $2,418 $53,310 $16,700 $36,610
2023 $2,387 $53,310 $16,700 $36,610
2022 $1,522 $28,990 $1,440 $27,550
2021 $1,525 $28,990 $1,440 $27,550
2020 $1,527 $28,990 $1,440 $27,550
2019 $1,483 $24,150 $1,190 $22,960
2018 $740 $24,150 $1,190 $22,960
2017 $1,483 $24,150 $1,190 $22,960
2016 $690 $10,160 $2,630 $7,530
2015 $314 $10,160 $2,630 $7,530
2014 $630 $10,160 $2,630 $7,530
2013 $311 $10,150 $2,625 $7,525
Source: Public Records

Agents Affiliated with this Home

  • Joseph C Jackson

    Seller's Agent in 2016

    Joseph C Jackson

    Keller Williams Capital Ptnrs

    (614) 888-1000

    1 in this area

    193 Total Sales

    Joseph C Jackson
    Section Image

  • M

    Buyer's Agent in 2016

    Mona Cope

    Red 1 Realty

    (614) 323-4145

    82 Total Sales

    Mona Cope
    Section Image

  • A

    Seller's Agent in 2013

    Andre' Dowdy

    The Robert Weiler Company

  • B

    Buyer's Agent in 2013

    Brian Breeckner

    Realty Executives

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216008917

Columbus and Central Ohio Regional MLS

APN: 010-052253

Ohio Franklin County Columbus 43205 Olde Towne East

481 Carpenter St Unit 483, Columbus, OH

This home is located at 481 Carpenter St Unit 483, Columbus, OH 43205 since 23 March 2016 and is currently estimated at $243,692, approximately $104 per square foot. This property was built in 1920. 481 Carpenter St Unit 483 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

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