NOT LISTED FOR SALE

486 Vermont Place Unit 488 Columbus, OH 43201

Harrison West Neighborhood

Estimated Value: $543,000 - $701,000

6 Beds
2 Baths
2,643 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $570,000 $216 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,930/month

71 Days on Market

About This Home

As of January 2024

Highly desirable 3 bedroom, 1 bath duplex located in the Victorian Village area, Harrison West area and OSU campus area. This duplex is located next to Vermont Places charming Island Park. Amenities for this duplex include a front porch, 4-car parking pad, hardwood flooring, central air conditioning, decorative fireplaces and dishwashers in the kitchen.

Last Listed By

Michael Linsker

Northsteppe Realty License #2009000205 Listed on: 10/26/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,591

Year Built

  • Built in 1896

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,643 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 4 Parking Spaces
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-004681

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,220
  • Gross Income $47,400
  • Net Operating Income $33,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,591

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1896
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 47400.0
  • Co List Office Phone: 614-299-4110
  • MLS Status: Closed
  • Subdivision Name: Short North / Harrison West / Victorian Village area / OSU Campus
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 47400.0
  • Annual Expenses: 14220.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2643.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-004681
  • Lot Size Sq Ft: 4791.6
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 33180.0
  • Annual Operating Expense: 14220.0

Tax Info

  • Tax Annual Amount: 6591.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Dec 18, 2023
Sold by
486 Vermont Pl Llc
Bought by
Arl Properties Llc
Seller's Agent
Michael Linsker
Northsteppe Realty
Buyer's Agent
Jennifer Earl
Keller Williams Capital Ptnrs
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%
Total Days on Market
71
Views
23
Current Estimated Value
$607,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,887
Avg. Annual Appreciation
6.23%
Original Mortgage
$330,600
Outstanding Balance
$324,499
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$294,311

Purchase Details

Closed on
Sep 20, 2018
Sold by
Northwood Properties Inc
Bought by
Vermont Pl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 10, 2013
Closed on
Oct 23, 2013
Sold by
Weber Robert C and Weber Julie C
Bought by
Northwood Properties Inc
Seller's Agent
Gregory Myers
Patricia A. Myers & Company
Buyer's Agent
Patricia Kearns-Davis
RE/MAX Capital Centre
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Jul 15, 2011
Sold by
Weber Robert Cuyler
Bought by
Weber Robert C and Weber Julie C

Purchase Details

Closed on
Dec 23, 1988
Bought by
Weber Robert C

Purchase Details

Closed on
Dec 1, 1986

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
Arl Properties Llc $570,000 Clean Title
Vermont Pl Llc -- None Available
Northwood Properties Inc $200,000 Valmer Land Title Agency Box
Weber Robert C -- Attorney
Weber Robert C $31,700 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arl Properties Llc $330,600
Previous Owner 486 Vermont Pl Llc $1,740,000
Previous Owner Vermont Pl Llc $340,000
Previous Owner Weber Robert Cuyler $150,000
Previous Owner Weber Robert C $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $570,000 +0.2% $216 / Sq Ft
11/17/2023 11/17/23 Price Changed $569,000 -5.2% $215 / Sq Ft
11/02/2023 11/02/23 Price Changed $600,000 -4.0% $227 / Sq Ft
10/26/2023 10/26/23 For Sale $625,000 +123.3% $236 / Sq Ft
10/31/2013 10/31/13 Sold $279,900 0.0% $106 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $279,900 -- $106 / 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 $6,723 $146,700 $64,410 $82,290
2023 $6,639 $146,685 $64,400 $82,285
2022 $6,591 $124,020 $33,710 $90,310
2021 $6,603 $124,020 $33,710 $90,310
2020 $6,612 $124,020 $33,710 $90,310
2019 $5,711 $91,850 $24,960 $66,890
2018 $4,906 $91,850 $24,960 $66,890
2017 $4,996 $88,110 $24,960 $63,150
2016 $4,514 $66,450 $26,960 $39,490
2015 $4,110 $66,450 $26,960 $39,490
2014 $4,120 $66,450 $26,960 $39,490
2013 $1,176 $38,430 $11,515 $26,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223035375

Columbus and Central Ohio Regional MLS

APN: 010-004681