NOT LISTED FOR SALE

514 Olpp Ave Unit 516 Columbus, OH 43207

Far South Neighborhood

Estimated Value: $197,000 - $246,282

6 Beds
2 Baths
2,080 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $110,000 $53 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,511/month

7 Days on Market

About This Home

As of November 2019

Great investment opportunity to own a fully occupied two unit building with detached two car garage. Tenants pay $650 and $595 per month which could easily increase with some minor improvements. This is a home run investment with property management in place, manager happy to stay on.

Last Listed By

Jonathan Styer

ROOST Real Estate Co. Listed on: 10/23/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Garage

Home Design

  • 2,080 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-058042

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,482
  • Gross Income $14,940
  • Net Operating Income $10,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 14940.0
  • Co List Office Mls Id: 10892
  • Co List Office Phone: 614-505-5771
  • Co List Office Phone: 614-505-5771
  • MLS Status: Closed
  • Income Expenses Gross Income: 14940.0
  • Annual Expenses: 4482.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2080.0
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-058042
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10458.0
  • Annual Operating Expense: 4482.0

Tax Info

  • Tax Annual Amount: 1406.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Nagi Harmanpreet
Bought by
Hines Jasmine N
Total Days on Market
7
Current Estimated Value
$223,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Outstanding Balance
$182,300
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$41,204

Purchase Details

Listed on
Oct 23, 2019
Closed on
Nov 5, 2019
Sold by
514 Olpp Avenue Llc
Bought by
Nagi Harmanpreet
Seller's Agent
Jonathan Styer
ROOST Real Estate Co.
Buyer's Agent
Remington Lyman
Reafco
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$77,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2018
Sold by
Ortiz Andreas
Bought by
514 Olpp Ave Llc

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 18, 2017
Sold by
G & Sg Investment Llc
Bought by
Ortiz Andreas
Seller's Agent
Roman Zuravlov
Classical Realty
Buyer's Agent
Brandon Sturgill
Howard Hanna Real Estate Svcs
List Price
$44,000
Sold Price
$50,000
Premium/Discount to List
$6,000
13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%

Purchase Details

Listed on
May 16, 2017
Closed on
Jul 17, 2017
Sold by
Levitskiy Griguriy
Bought by
G And Sg Investment Llc
Seller's Agent
Roman Zuravlov
Classical Realty
Buyer's Agent
Brandon Sturgill
Howard Hanna Real Estate Svcs
List Price
$44,000
Sold Price
$50,000
Premium/Discount to List
$6,000
13.64%

Purchase Details

Closed on
Sep 17, 2013
Sold by
Levitskiy Grigoriy
Bought by
G & Sg Investment Llc

Purchase Details

Closed on
Sep 9, 2013
Sold by
Loginov Slava and Loginov Tatyana
Bought by
Levitskiy Grigoriy

Purchase Details

Listed on
Apr 10, 2012
Closed on
May 22, 2012
Sold by
Fannie Mae
Bought by
Loginov Slava and Loginov Tatvano
Seller's Agent
Kelli Hatfield
Realty Executives Decision
Buyer's Agent
Anna Sokolov
RE/MAX Connection
List Price
$11,000
Sold Price
$8,200
Premium/Discount to List
-$2,800
-25.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.92%

Purchase Details

Closed on
Apr 23, 2007
Sold by
Provens David L and Provens Kelly T
Bought by
Phillips David D

Purchase Details

Closed on
Feb 8, 2007
Sold by
Abn Ampro Mortgage Group Inc
Bought by
Provens David L and Provens Kelly T

Purchase Details

Closed on
Aug 7, 2006
Sold by
Dalton Richard and Dalton Richard B
Bought by
Abn Amro Mortgage Group Inc

Purchase Details

Closed on
Jun 12, 2001
Sold by
Pdp Inc
Bought by
Dalton Richard and Dalton Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2001
Sold by
Hanshaw Larry C and Bank One Na
Bought by
Homes & Construction Inc and Pdp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2001
Sold by
City Homes & Construction Inc
Bought by
Pdp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2001
Sold by
Beebles Investments Inc
Bought by
Pdp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 1991

Purchase Details

Closed on
Jun 5, 1991

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
Hines Jasmine N $190,000 Landsel Title Agency
Nagi Harmanpreet $110,000 None Available
514 Olpp Ave Llc -- Partners Land Title Agency
Ortiz Andreas $50,000 Preferred Title & Guaranty
G And Sg Investment Llc -- Preferred Title & Guaranty
G & Sg Investment Llc -- None Available
Levitskiy Grigoriy $8,200 Bexley Title
Loginov Slava $8,250 None Available
Phillips David D $17,000 Chicago Tit
Provens David L $15,000 Landcastle Title
Abn Amro Mortgage Group Inc $32,000 None Available
Dalton Richard $55,000 --
Homes & Construction Inc $28,000 --
Pdp Inc -- --
Pdp Inc -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Jasmine N $186,558
Previous Owner Nagi Harmanpreet $168,000
Previous Owner Nagi Harmanpreet $77,000
Previous Owner Phillips Ii David D $56,000
Previous Owner Dalton Richard $49,500
Previous Owner Homes & Construction Inc $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2019 11/07/19 Sold $110,000 -4.3% $53 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $115,000 0.0% $55 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $115,000 +130.0% $55 / Sq Ft
07/18/2017 07/18/17 Sold $50,000 +13.6% $24 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
07/17/2016 07/17/16 For Sale $44,000 +436.6% $21 / Sq Ft
05/22/2012 05/22/12 Sold $8,200 -25.5% $4 / Sq Ft
04/22/2012 04/22/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $11,000 -- $5 / 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 $3,170 $69,900 $16,520 $53,380
2023 $3,163 $69,900 $16,520 $53,380
2022 $1,961 $35,740 $4,760 $30,980
2021 $2,489 $35,740 $4,760 $30,980
2020 $2,053 $35,740 $4,760 $30,980
2019 $1,408 $22,650 $3,960 $18,690
2018 $1,093 $22,650 $3,960 $18,690
2017 $899 $22,650 $3,960 $18,690
2016 $390 $5,740 $2,520 $3,220
2015 $779 $12,600 $2,520 $10,080
2014 $781 $12,600 $2,520 $10,080
2013 $385 $12,600 $2,520 $10,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219039501

Columbus and Central Ohio Regional MLS

APN: 010-058042