NOT LISTED FOR SALE

489 E Morrill Ave Unit 491 Columbus, OH 43207

Vassor Village Neighborhood

Estimated Value: $163,656 - $233,000

4 Beds
2 Baths
1,631 Sq Ft
$117/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $158,000 $97 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,263/month

120 Days on Market

About This Home

As of March 2024

CURB OFFERS ONLY - 2 story duplex located near downtown Columbus. Each unit has 2 beds and 1 full bath. Entry level kitchen and living area. Rear deck attached. Close proximity to German Village shops and restaurants. Both 489 and 491 are rented on a month-month basis.

Last Listed By

Rob Riddle

New Albany Realty, LTD License #2012000142 Listed on: 11/09/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $368

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,631 Sq Ft Home
  • Duplex

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-038455

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,500
  • Gross Income $16,200
  • Net Operating Income $14,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$368

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 16200.0
  • Co List Office Phone: 614-939-8900
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 16200.0
  • Annual Expenses: 1500.0
  • General Property Info Building Sq Ft: 1631.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Sewer: Public Sewer

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-038455
  • Lot Size Sq Ft: 3920.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14700.0
  • Annual Operating Expense: 1500.0

Tax Info

  • Tax Annual Amount: 368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Feb 19, 2024
Sold by
Sergakis Properties Ii Llc
Bought by
Colly 001 Llc
Seller's Agent
Rob Riddle
New Albany Realty, LTD
Buyer's Agent
Josepher Pratt
EXP Realty, LLC
List Price
$179,900
Sold Price
$158,000
Premium/Discount to List
-$21,900
-12.17%
Total Days on Market
120
Views
88
Current Estimated Value
$190,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,664
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Jul 28, 2017
Sold by
Sergakis Rosemary T and Sergakis Michael S
Bought by
Sergaks Properties Ii Llc

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 10, 2016
Sold by
Deutsche Bank National Trust Co
Bought by
Sergakis Michael S and Sergakis Michael E
Seller's Agent
Joseph Armeni
City Center, Realtors
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$20,900
Sold Price
$16,500
Premium/Discount to List
-$4,400
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.93%

Purchase Details

Closed on
Jun 28, 2016
Sold by
Slone William R
Bought by
Deutsche Bank Trust Company Americas and Bankers Trust Company

Purchase Details

Closed on
Aug 14, 1990

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
Colly 001 Llc $158,000 Stewart Title
Sergaks Properties Ii Llc -- None Available
Sergakis Michael S $16,500 None Available
Deutsche Bank Trust Company Americas $20,000 None Available
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colly 001 Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $158,000 -4.2% $97 / Sq Ft
02/13/2024 02/13/24 Price Changed $164,900 -2.9% $101 / Sq Ft
11/28/2023 11/28/23 Price Changed $169,900 -5.6% $104 / Sq Ft
10/26/2023 10/26/23 For Sale $179,900 +990.3% $110 / Sq Ft
08/29/2016 08/29/16 Sold $16,500 -21.1% $10 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
06/29/2016 06/29/16 For Sale $20,900 -- $13 / 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 $2,416 $52,710 $19,250 $33,460
2023 $2,385 $52,710 $19,250 $33,460
2022 $368 $6,930 $4,270 $2,660
2021 $369 $6,930 $4,270 $2,660
2020 $370 $6,930 $4,270 $2,660
2019 $359 $5,780 $3,570 $2,210
2018 $830 $5,780 $3,570 $2,210
2017 $1,408 $5,780 $3,570 $2,210
2016 $711 $10,470 $2,800 $7,670
2015 $1,179 $10,470 $2,800 $7,670
2014 $649 $10,470 $2,800 $7,670
2013 $386 $10,990 $2,940 $8,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223035358

Columbus and Central Ohio Regional MLS

APN: 010-038455