NOT LISTED FOR SALE

53 N High St Unit 55 Canal Winchester, OH 43110

Estimated Value: $289,000 - $391,148

5 Beds
2 Baths
2,858 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $140,000 $49 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,314/month

71 Days on Market

About This Home

As of September 2013

NEW FURNACE and WATER HEATER. NEW A/C in one unit. Wood Floors. Appliances on one side remain with the property. Great Investment Opportunity Located in the High Street Historic District in Old Town Canal. Immediate Income. Both Units Currently Rented for a Total of $1550/month. 3 Bedrooms and 1 Bath on both sides. (Washer and dryer stay with one unit). Walking Distance to shops, restaurants, parks and pool.

Last Agent to Sell the Property

Elizabeth Melvin

Howard Hanna Real Estate Svcs Listed on: 06/06/2013

Last Buyer's Agent

Elizabeth Melvin

Howard Hanna Real Estate Svcs Listed on: 06/06/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,098

Parking

  • On-Street Parking

Home Design

  • 2,858 Sq Ft Home

Additional Features

  • 6,098 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 184-000219

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $800
  • Operating Expense $2,300
  • Gross Income $18,000
  • Net Operating Income $15,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2011
  • Lot Size Acres: 0.14
  • Total Gross Income: 18000.0
  • Co List Office Phone: 614-240-7400
  • MLS Status: Closed
  • Income Expenses Gross Income: 18000.0
  • Annual Expenses: 2300.0
  • General Property Info Building Sq Ft: 2858.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 800.0

Schools

  • Junior High Dist: CANAL WINCHESTER LSD 2502 FRA CO.

Lot Info

  • Parcel Number: 184-000219
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1500.0
  • Net Operating Income: 15700.0
  • Annual Operating Expense: 2300.0

Tax Info

  • Tax Annual Amount: 3930.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2004
Sold by
Mahlerwein Tiffany R
Bought by
The Tiffany R Mahlerwein Family Trust
Current Estimated Value
$333,787

Purchase Details

Closed on
Dec 8, 2003
Sold by
Smith Daniel L and Smith Leslie A
Bought by
Mahlerwein Tiffany R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Outstanding Balance
$58,688
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,099

Purchase Details

Closed on
Aug 30, 2000
Sold by
Menges Randall and Menges Cheryl
Bought by
Smith Daniel L and Smith Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,500
Interest Rate
8.05%

Purchase Details

Closed on
Jul 9, 1998
Sold by
Black Ora W and Black Shirley A
Bought by
Menges Randall and Menges Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,750
Interest Rate
9%
Source: Public Records

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
The Tiffany R Mahlerwein Family Trust -- --
Mahlerwein Tiffany R $157,000 Hocking Valley Title Agency
Smith Daniel L $119,500 --
Menges Randall $80,800 Asc Title Downtown
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahlerwein Tiffany R $125,600
Previous Owner Smith Daniel L $119,500
Previous Owner Menges Randall $115,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $140,000 -10.8% $49 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
06/05/2013 06/05/13 For Sale $157,000 -- $55 / 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 $6,582 $115,120 $20,440 $94,680
2023 $6,546 $115,115 $20,440 $94,675
2022 $4,210 $62,440 $10,500 $51,940
2021 $4,255 $62,440 $10,500 $51,940
2020 $4,246 $62,440 $10,500 $51,940
2019 $4,146 $52,050 $8,750 $43,300
2018 $4,193 $52,050 $8,750 $43,300
2017 $4,192 $52,050 $8,750 $43,300
2016 $4,312 $50,440 $9,420 $41,020
2015 $4,324 $50,440 $9,420 $41,020
2014 $4,007 $50,440 $9,420 $41,020
2013 $1,980 $50,435 $9,415 $41,020
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Elizabeth Melvin

    Howard Hanna Real Estate Svcs

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 213020392

Columbus and Central Ohio Regional MLS

APN: 184-000219

Ohio Franklin County Canal Winchester 43110

53 N High St Unit 55, Canal Winchester, OH

This home is located at 53 N High St Unit 55, Canal Winchester, OH 43110 since 06 June 2013 and is currently estimated at $333,787, approximately $116 per square foot. This property was built in 1920. 53 N High St Unit 55 is a home located in Franklin County with nearby schools including Winchester Trail Elementary School, Indian Trail Elementary School, and Canal Winchester Middle 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.

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Information is deemed reliable but not guaranteed.

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