NOT LISTED FOR SALE

538 Elsmere St Unit 540 Columbus, OH 43206

Schumacher Place Neighborhood

Estimated Value: $402,902 - $522,000

4 Beds
2 Baths
2,576 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $382,500 $148 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,928/month

32 Days on Market

About This Home

As of November 2023

Two story Schumacker Place, both units leased mth to mth 538-$750 540-$925. New Roof sold as is condition 2.3 bedrooms needs work (bath & Kitchens) price reflects it. Prime location for Condo's or upscale rentals.
Great 3rd floor space available skuttle access only now. Property is owned by Ohio Licensed Real Estate Agent. Cleaner the contract the better ready to sell!!

Last Agent to Sell the Property

Nina Masseria

Carriage Trade Realty, Inc. License #262010 Listed on: 10/09/2023

Last Buyer's Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot

Home Design

  • 2,576 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-053133

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,154
  • Water Sewer Expense $480
  • Operating Expense $6,381
  • Gross Income $11,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,747

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.06
  • Total Gross Income: 11850.0
  • Co List Office Phone: 614-228-1939
  • MLS Status: Closed
  • Subdivision Name: Schumacker Place
  • Income Expenses Gross Income: 11850.0
  • Annual Expenses: 6381.2
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2576.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 480.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-053133
  • Lot Size Sq Ft: 2613.6

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1153.94
  • Annual Operating Expense: 6381.2

Tax Info

  • Tax Annual Amount: 4747.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 6, 2023
Sold by
Shafer Timothy S
Bought by
Ebolo Jeremy E Ebobisse
Seller's Agent
Nina Masseria
Carriage Trade Realty, Inc.
Buyer's Agent
Zeke Liston
Verti Commercial Real Estate L
List Price
$399,900
Sold Price
$382,500
Premium/Discount to List
-$17,400
-4.35%
Total Days on Market
32
Views
6
Current Estimated Value
$449,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,726
Avg. Annual Appreciation
17.04%
Original Mortgage
$286,875
Outstanding Balance
$282,980
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$209,768

Purchase Details

Closed on
Apr 23, 1987
Bought by
Shafer Timothy S
Source: Public Records

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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

Purchase History

Date Buyer Sale Price Title Company
Ebolo Jeremy E Ebobisse $382,500 Amerititle
Shafer Timothy S $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebolo Jeremy E Ebobisse $286,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $382,500 -4.4% $148 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $399,900 +4.5% $155 / Sq Ft
10/05/2023 10/05/23 Off Market $382,500 -- --
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 $5,215 $113,790 $40,570 $73,220
2023 $5,150 $113,790 $40,570 $73,220
2022 $4,747 $89,330 $35,180 $54,150
2021 $4,756 $89,330 $35,180 $54,150
2020 $4,763 $89,330 $35,180 $54,150
2019 $4,360 $70,110 $35,180 $34,930
2018 $3,109 $70,110 $35,180 $34,930
2017 $4,692 $75,470 $35,180 $40,290
2016 $2,782 $40,950 $9,310 $31,640
2015 $2,533 $40,950 $9,310 $31,640
2014 $2,539 $40,950 $9,310 $31,640
2013 $1,139 $37,240 $8,470 $28,770
Source: Public Records

Agents Affiliated with this Home

  • Nina Masseria

    Seller's Agent in 2023

    Nina Masseria

    Carriage Trade Realty, Inc.

    (614) 218-4419

    1 in this area

    73 Total Sales

    Nina Masseria
    Section Image
  • Zeke Liston

    Buyer's Agent in 2023

    Zeke Liston

    Verti Commercial Real Estate L

    (740) 509-3053

    1 in this area

    229 Total Sales

    Zeke Liston
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223032829

Columbus and Central Ohio Regional MLS

APN: 010-053133

Ohio Franklin County Columbus 43206 Schumacher Place

538 Elsmere St Unit 540, Columbus, OH

This home is located at 538 Elsmere St Unit 540, Columbus, OH 43206 since 09 October 2023 and is currently estimated at $449,226, approximately $174 per square foot. This property was built in 1900. 538 Elsmere St Unit 540 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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