NOT LISTED FOR SALE

506 Melissa Ct Unit 508 Columbus, OH 43230

Gahanna-Havens Corners Neighborhood

Estimated Value: $394,000 - $425,000

6 Beds
4 Baths
1,898 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $247,000 $130 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,690/month

101 Days on Market

Highlights

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

About This Home

As of January 2021

Gahanna Schools Double! Current rents way below market at $740.00 and $865.00 great room for upswing! Both units are Two bedroom One and half baths with basements and one car garages. Right side tenant has been in place for 34 years!

Last Agent to Sell the Property

Christopher Zigan

New Millennium Realty Listed on: 12/01/2020

Last Buyer's Agent

Rhiannon Ferrari

KW Classic Properties Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1969

Lot Details

  • 0.36 Acre Lot

Home Design

  • 1,898 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Stucco

Parking

  • 4 Car Attached Garage
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 025-003743

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,275
  • Maintenance Expense $2,005
  • Operating Expense $6,064
  • Gross Income $19,155
  • Net Operating Income $12,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,520

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1969
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.36
  • Total Gross Income: 19155.0
  • Co List Office Phone: 614-594-8724
  • MLS Status: Closed
  • Subdivision Name: Woodside Green South
  • Income Expenses Gross Income: 19155.0
  • Annual Expenses: 6063.99
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1898.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • 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
  • Construction:Stucco2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Attached 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: 025-003743
  • Lot Size Sq Ft: 15681.6
  • Additional Parcels: No
  • Zoning Description: Duplex

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1275.0
  • Maintenance Expense: 2005.42
  • Net Operating Income: 12365.84
  • Annual Operating Expense: 6063.99

Tax Info

  • Tax Annual Amount: 3520.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Corrova Sharon A
Bought by
Russo Alyssa
Current Estimated Value
$413,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,050
Outstanding Balance
$398,050
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$17,639

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 11, 2021
Sold by
Inor1
Bought by
Corrova Sharon A
Seller's Agent
Christopher Zigan
New Millennium Realty
Buyer's Agent
Rhiannon Ferrari
KW Classic Properties Realty
List Price
$249,900
Sold Price
$247,000
Premium/Discount to List
-$2,900
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$197,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2017
Closed on
Jul 20, 2017
Sold by
Vance Esther R
Bought by
Inori Llc
Seller's Agent
Donna Wright
Howard Hanna Real Estate Svcs
Buyer's Agent
Christopher Zigan
New Millennium Realty
List Price
$159,900
Sold Price
$162,000
Premium/Discount to List
$2,100
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Jan 2, 1987
Bought by
Vance Robert W

Purchase Details

Closed on
Feb 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
Russo Alyssa $419,000 Platinum Title Services
Corrova Sharon A $247,000 Chase Title And Escrow Svcs
Inori Llc $162,000 First Ohio Title Insurance
Vance Robert W $72,200 --
-- $34,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Alyssa $398,050
Previous Owner Corrova Sharon A $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $247,000 -1.2% $130 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $249,900 0.0% $132 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $249,900 0.0% $132 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $249,900 0.0% $132 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $249,900 +1.2% $132 / Sq Ft
08/26/2020 08/26/20 Off Market $247,000 -- --
08/25/2020 08/25/20 For Sale $249,900 +54.3% $132 / Sq Ft
07/20/2017 07/20/17 Sold $162,000 +1.3% $85 / Sq Ft
06/30/2017 06/30/17 For Sale $159,900 -- $84 / 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 $5,287 $88,840 $19,640 $69,200
2023 $5,371 $88,840 $19,640 $69,200
2022 $4,478 $57,370 $11,030 $46,340
2021 $4,232 $57,370 $11,030 $46,340
2020 $4,198 $57,370 $11,030 $46,340
2019 $3,520 $47,850 $9,210 $38,640
2018 $1,748 $47,850 $9,210 $38,640
2017 $3,239 $47,850 $9,210 $38,640
2016 $3,416 $45,960 $9,450 $36,510
2015 $1,710 $45,960 $9,450 $36,510
2014 $3,393 $45,960 $9,450 $36,510
2013 $1,686 $45,955 $9,450 $36,505
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christopher Zigan

    New Millennium Realty

  • R

    Buyer's Agent in 2021

    Rhiannon Ferrari

    KW Classic Properties Realty

  • Donna Wright

    Seller's Agent in 2017

    Donna Wright

    Howard Hanna Real Estate Svcs

    (614) 273-7967

    95 Total Sales

    Donna Wright
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220029244

Columbus and Central Ohio Regional MLS

APN: 025-003743

Ohio Franklin County Columbus 43230 Gahanna-Havens Corners

506 Melissa Ct Unit 508, Columbus, OH

This home is located at 506 Melissa Ct Unit 508, Columbus, OH 43230 since 01 December 2020 and is currently estimated at $413,500, approximately $217 per square foot. This property was built in 1969. 506 Melissa Ct Unit 508 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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