NOT LISTED FOR SALE

523 E Sycamore St Unit 525 Columbus, OH 43206

Schumacher Place Neighborhood

Estimated Value: $556,080

4 Beds
2 Baths
2,280 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $535,000 $235 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,714/month

190 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • 5-minute walk to Kobacker Park

About This Home

As of April 2023

This classic two-story brick duplex in Historic German Village/Schumacher Place is close to parks, restaurants, pubs, and shops! Quintessential brick village streets and a lush front garden welcome you to this attractive property, and the fenced backyard offers a rare, natural, green retreat in the heart of Columbus. NEW ROOF IN 2021! Each unit has 2BR, 1BA (525 has an additional ½ BA), with 2280 total sf of living space. 525 unit has a 2022 remodeled kitchen with new appliances, additional half-bath, refinished hard wood floors, bath refresh, and new interior paint. Ample cabinetry, built-in shelving, tall ceilings, open floor plan, private baths, and large closets with LL laundry and storage. 523 is leased through 8/1/23, and 525 is turn-key ready for easy occupancy. Appliances convey.

Last Listed By

Sam Cooper

Howard Hanna Real Estate Svcs License #2003006656 Listed on: 08/22/2022

Howard Hanna Real Estate Svcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1900

Lot Details

  • 5,227

Parking

  • On-Street Parking

Home Design

  • 2,280 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 5,227 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-026278

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,754
  • Gross Income $39,600
  • Net Operating Income $28,847

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 39600.0
  • Co List Office Mls Id: 07649
  • Co List Office Phone: 614-864-7400
  • Co List Office Phone: 614-864-7400
  • MLS Status: Closed
  • Subdivision Name: German Village, Shumacher Place
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 39600.0
  • Annual Expenses: 10753.5
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2280.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-026278
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 28847.0
  • Annual Operating Expense: 10753.5

Tax Info

  • Tax Annual Amount: 5048.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Mar 16, 2023
Sold by
Coe Susan B
Bought by
Davila Richard O
Seller's Agent
Sam Cooper
Howard Hanna Real Estate Svcs
Buyer's Agent
Michael McCoy
Cutler Real Estate
List Price
$640,000
Sold Price
$535,000
Premium/Discount to List
-$105,000
-16.41%
Total Days on Market
190
Views
60
Current Estimated Value
$556,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,080
Avg. Annual Appreciation
2.42%
Original Mortgage
$401,250
Outstanding Balance
$391,980
Interest Rate
6.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$170,792

Purchase Details

Closed on
Aug 27, 1991
Bought by
Schirmer Susan B

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
Davila Richard O $535,000 First Ohio Title
Schirmer Susan B $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davila Richard O $401,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $535,000 -10.7% $235 / Sq Ft
02/11/2023 02/11/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $599,000 -1.8% $263 / Sq Ft
01/16/2023 01/16/23 Price Changed $609,900 -1.6% $268 / Sq Ft
11/04/2022 11/04/22 Price Changed $619,900 -1.0% $272 / Sq Ft
10/04/2022 10/04/22 Price Changed $625,900 -0.7% $275 / Sq Ft
09/12/2022 09/12/22 Price Changed $630,000 -1.6% $276 / Sq Ft
08/05/2022 08/05/22 For Sale $640,000 -- $281 / 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 $7,569 $165,170 $55,510 $109,660
2023 $6,813 $150,540 $55,510 $95,030
2022 $5,039 $94,820 $48,970 $45,850
2021 $5,048 $94,820 $48,970 $45,850
2020 $5,056 $94,820 $48,970 $45,850
2019 $4,884 $78,550 $48,970 $29,580
2018 $4,211 $78,550 $48,970 $29,580
2017 $4,361 $77,640 $48,970 $28,670
2016 $3,896 $57,340 $12,990 $44,350
2015 $3,547 $57,340 $12,990 $44,350
2014 $3,555 $57,340 $12,990 $44,350
2013 $1,594 $52,115 $11,795 $40,320
Source: Public Records

Agents Affiliated with this Home

  • Sam Cooper

    Seller's Agent in 2023

    Sam Cooper

    Howard Hanna Real Estate Svcs

    (614) 561-3201

    2 in this area

    1,457 Total Sales

    Sam Cooper
    Section Image

  • W

    Seller Co-Listing Agent in 2023

    Wendy McGlynn

    Howard Hanna Real Estate Svcs

  • M

    Buyer's Agent in 2023

    Michael McCoy

    Cutler Real Estate

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222029562

Columbus and Central Ohio Regional MLS

APN: 010-026278

Ohio Franklin County Columbus 43206 Schumacher Place

523 E Sycamore St Unit 525, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 523 E Sycamore St Unit 525, Columbus, OH 43206 since 22 August 2022 and is currently priced at $556,080, approximately $243 per square foot. This property was built in 1900. 523 E Sycamore St Unit 525 is a home located in Franklin County with nearby schools including Siebert Elementary School, South High School, and South Columbus Preparatory Academy.

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