$505,000
SOLD AUG 10, 2018

497 E Sycamore St Columbus, OH 43206

Schumacher Place Neighborhood
-- Bed
-- Bath
3,640 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

4% Below List Price

15 Days on Market

About This Home

As of December 2019

Welcome to 497 Sycamore St....This is a impeccable 5 family complex. This long term owner has been meticulous . Under market rents, 4 @ 685-700$ per month, one long term tenant at $ 585 per month. Tons of newer updates... all units are clean and nice. 2 Bedroom townhouses, with one bath, kitchen, eating area and great room. All units have washers and dryers supplied by the owner. This investment is ALL upside. Serious parties only, no land contracts, etc. As you know investments like this one do not come to market often, DO NOT WAIT !!

Last Agent to Sell the Property

Greg Skinner

VIP Realty, Inc. Listed on: 07/13/2018

Last Buyer's Agent

Don Payne

Vision Realty, Inc. License #2017001048

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,495

Year Built

  • Built in 1975

Parking

  • Assigned Parking

Home Design

  • 3,640 Sq Ft Home
  • Brick Exterior Construction
  • Stucco

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 010-027091

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $10,000
  • Gross Income $41,000
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,495

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1975
  • Tax Year: 2017
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.13
  • Total Gross Income: 41000.0
  • Co List Office Phone: 614-274-1151
  • MLS Status: Closed
  • Subdivision Name: Schumacher Place
  • Income Expenses Gross Income: 41000.0
  • Annual Expenses: 10000.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3640.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features Assigned2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-027091
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 32000.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 8495.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market -- -- --
01/25/2025 01/25/25 For Rent -- -- --
12/30/2019 12/30/19 Sold $740,000 -1.3% $203 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
10/18/2019 10/18/19 For Sale $749,900 +48.5% $206 / Sq Ft
08/10/2018 08/10/18 Sold $505,000 -3.8% $139 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $524,900 -- $144 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jonathan Styer

    ROOST Real Estate Co.

  • H

    Seller Co-Listing Agent in 2019

    Helen Nilsson

    ROOST Real Estate Co.

  • P

    Buyer's Agent in 2019

    Priyanshu Adathakkar

    Red 1 Realty

  • G

    Seller's Agent in 2018

    Greg Skinner

    VIP Realty, Inc.

    Section Image
  • Don Payne

    Buyer's Agent in 2018

    Don Payne

    Vision Realty, Inc.

    (614) 323-4348

    434 Total Sales

    Don Payne
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218023961

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43206 Schumacher Place

497 E Sycamore St, Columbus, OH

This home is located at 497 E Sycamore St, Columbus, OH 43206 and is currently priced at $505,000, approximately $138 per square foot. This property was built in 1975. 497 E Sycamore St is a home located in Franklin County with nearby schools including Siebert Elementary School, South High School, and South Columbus Preparatory Academy.

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.

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Information is deemed reliable but not guaranteed.

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