NOT LISTED FOR SALE

485 Melissa Ct Unit 487 Columbus, OH 43230

Gahanna-Havens Corners Neighborhood

Estimated Value: $333,909 - $381,000

5 Beds
4 Baths
1,898 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $255,000 $134 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,341/month

55 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Lincoln High School Rated A-
  • Garage

About This Home

As of August 2021

Attention Investors! Duplex with 2 bed 1.5 bath one side, 3 beds 1.5 on the other. Great rental area, Gahanna Schools! 100% Occupied with room for rental increases. Property also has full basement, one car garages and nice back yards. Asking for Curb offers so not to disturb tenants. Walk throughs with accepted contact or LOI's only. Seller looking for Cash offers only!

Last Agent to Sell the Property

Christopher Zigan

New Millennium Realty Listed on: 03/15/2021

Last Buyer's Agent

Brian Meade

ROOST Real Estate Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,530

Year Built

  • Built in 1969

Lot Details

  • 8,276

Home Design

  • 1,898 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

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

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 8,276 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 025-003746

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,068
  • Maintenance Expense $2,077
  • Operating Expense $6,675
  • Gross Income $22,085
  • Net Operating Income $15,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,530

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1969
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.19
  • Total Gross Income: 22085.0
  • Co List Office Phone: 614-594-8724
  • MLS Status: Closed
  • Income Expenses Gross Income: 22085.0
  • Annual Expenses: 6675.05
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1898.0
  • 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:Frame: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: GAHANNA JEFFERSON CSD 2506 FRA CO.

Lot Info

  • Parcel Number: 025-003746
  • Lot Size Sq Ft: 8276.4
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1068.0
  • Maintenance Expense: 2076.54
  • Net Operating Income: 15409.95
  • Annual Operating Expense: 6675.05

Tax Info

  • Tax Annual Amount: 3530.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Aug 3, 2021
Sold by
Inor5 Llc
Bought by
Meade Nicole
Seller's Agent
Christopher Zigan
New Millennium Realty
Buyer's Agent
Brian Meade
ROOST Real Estate Co.
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Current Estimated Value
$350,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,227
Avg. Annual Appreciation
8.57%
Original Mortgage
$191,250
Outstanding Balance
$175,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$180,656

Purchase Details

Closed on
Dec 22, 2014
Sold by
Knuth James P
Bought by
Inor5 Llc

Purchase Details

Closed on
Jul 19, 2013
Sold by
Knowles Harry J
Bought by
Knuth James P and Knuth Veronica M

Purchase Details

Closed on
Dec 17, 2008
Sold by
Knowles Harry J and The Harry J Knowles 1997 Decla
Bought by
Knowles Harry J

Purchase Details

Closed on
Apr 21, 2008
Sold by
Knowles Harry J and Monroe Judith K
Bought by
Declarati Knowles Harry J and Declarati Harry J Knowles 1997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2005
Sold by
Knowles Harry J
Bought by
Declarat Knowles Harry J and Declarat Harry J Knowless 1997

Purchase Details

Closed on
Apr 26, 2001
Sold by
Sanner Daphne L
Bought by
Knowles Harry J

Purchase Details

Closed on
Jan 1, 1973
Source: Public Records

Range of Values:

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Average Value
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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
Meade Nicole $255,000 Chase Title And Escrow Svcs
Inor5 Llc -- None Available
Knuth James P -- None Available
Knuth James P $155,000 Gahannn Title
Knowles Harry J -- Attorney
Declarati Knowles Harry J -- Gahanna Tit
Knowles Harry J -- Gahanna Tit
Declarat Knowles Harry J -- --
Knowles Harry J $122,400 Gahanna Title
-- $41,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meade Nicole $191,250
Previous Owner Knowles Harry J $118,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $255,000 -3.8% $134 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $265,000 0.0% $140 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $265,000 0.0% $140 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $265,000 -- $140 / 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 $5,236 $87,120 $17,850 $69,270
2023 $5,171 $87,115 $17,850 $69,265
2022 $4,390 $57,610 $11,200 $46,410
2021 $4,249 $57,610 $11,200 $46,410
2020 $4,216 $57,610 $11,200 $46,410
2019 $3,530 $47,990 $9,310 $38,680
2018 $3,772 $47,990 $9,310 $38,680
2017 $3,641 $47,990 $9,310 $38,680
2016 $4,033 $54,260 $10,120 $44,140
2015 $4,037 $54,260 $10,120 $44,140
2014 $3,444 $54,260 $10,120 $44,140
2013 $1,712 $46,655 $10,115 $36,540
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christopher Zigan

    New Millennium Realty

  • B

    Buyer's Agent in 2021

    Brian Meade

    ROOST Real Estate Co.

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221001983

Columbus and Central Ohio Regional MLS

APN: 025-003746

Ohio Franklin County Columbus 43230 Gahanna-Havens Corners

485 Melissa Ct Unit 487, Columbus, OH

This home is located at 485 Melissa Ct Unit 487, Columbus, OH 43230 since 15 March 2021 and is currently estimated at $350,227, approximately $184 per square foot. This property was built in 1969. 485 Melissa Ct Unit 487 is a home located in Franklin County with nearby schools including Goshen Lane Elementary School, Gahanna West Middle School, and Lincoln High School.

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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