NOT LISTED FOR SALE

54 1/2-56 Benfield Ave Columbus, OH 43207

Far South Neighborhood

Estimated Value: $188,000 - $203,000

5 Beds
3 Baths
2,064 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $200,000 $97 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,339/month

79 Days on Market

About This Home

As of November 2024

Huge value-add opportunity with this property. This property consists of three units: a duplex with two 2-bed/1-bath units and a single-family home with 1 bedroom, 1 bath, and a full basement on 1 parcel.
Franklin county has changed the land use code from R520 (two family) to R530 (three family) in their records but will not be reflected on their website until roll-over in December. The back unit, 54.5, is on section 8 at $900/month
The lower unit 54, is under lease month-to-month at $750/month.

Last Listed By

Remington Lyman

Reafco License #2022001862 Listed on: 09/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,064 Sq Ft Home

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 010-113047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,805

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.11
  • Co List Office Phone: 614-636-2560
  • MLS Status: Closed
  • General Property Info Building Sq Ft: 2064.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-113047
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2805.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 29, 2024
Sold by
Azura Properties Llc
Bought by
Pai Jason
Seller's Agent
Remington Lyman
Reafco
Buyer's Agent
Zeke Liston
Verti Commercial Real Estate L
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Total Days on Market
79
Views
8
Current Estimated Value
$197,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,096
Avg. Annual Appreciation
-2.13%
Original Mortgage
$150,000
Outstanding Balance
$149,259
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$48,645

Purchase Details

Closed on
Oct 24, 2021
Sold by
Devulapalli Kavi
Bought by
Azura Properties Llc

Purchase Details

Closed on
May 17, 2021
Sold by
Sdg Holdings Llc
Bought by
Devulapalli Kavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 31, 2018
Sold by
Hamby Housing Llc
Bought by
Sdg Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2017
Sold by
Amj Homes Ltd
Bought by
Hamby Housing Llc

Purchase Details

Closed on
Apr 28, 2017
Sold by
Unam Investments Inc
Bought by
Ajm Homes Ltd

Purchase Details

Closed on
Jul 26, 2011
Sold by
Dynasty Imports Inc
Bought by
Unam Invesments Inc

Purchase Details

Closed on
Sep 20, 2004
Sold by
Ohio Home Providers Llc
Bought by
Dynasty Imports Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2004
Sold by
Conti Lori M and Conti Alejandro
Bought by
Ohio Home Providers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1999
Sold by
Young Hubert E
Bought by
Conti Alejandro and Conti Lori M

Purchase Details

Closed on
Dec 27, 1991
Bought by
Jordan Tom

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
Pai Jason $200,000 Ohio Real Title
Azura Properties Llc -- None Available
Devulapalli Kavi $185,000 Resource Title Llc
Sdg Holdings Llc $95,000 None Available
Hamby Housing Llc $56,000 Pm Title Box
Ajm Homes Ltd $18,000 Landsel Title Box
Unam Invesments Inc $58,000 Trinity Tit
Dynasty Imports Inc $75,000 --
Ohio Home Providers Llc $50,000 Valmer Land
Conti Alejandro $32,000 Midland Title Security Inc
Young Hubert E $35,000 Midland Title Security Inc
Jordan Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pai Jason $150,000
Previous Owner Devulapalli Kavi $138,750
Previous Owner Sdg Holdings Llc $70,000
Previous Owner Hamby Housing Inc $95,000
Previous Owner Hamby Housing Llc $48,000
Previous Owner Dynasty Imports Inc $75,000
Previous Owner Ohio Home Providers Llc $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $200,000 -14.9% $97 / Sq Ft
07/12/2024 07/12/24 For Sale $235,000 -- $114 / 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 $2,841 $61,990 $7,770 $54,220
2023 $2,805 $61,990 $7,770 $54,220
2022 $3,441 $64,750 $2,940 $61,810
2021 $1,459 $27,410 $2,940 $24,470
2020 $1,461 $27,410 $2,940 $24,470
2019 $1,482 $23,840 $2,560 $21,280
2018 $1,371 $18,800 $2,560 $16,240
2017 $1,169 $18,800 $2,560 $16,240
2016 $1,729 $25,450 $2,350 $23,100
2015 $1,574 $25,450 $2,350 $23,100
2014 $1,578 $25,450 $2,350 $23,100
2013 $819 $26,775 $2,450 $24,325
Source: Public Records

Agents Affiliated with this Home

  • Remington Lyman

    Seller's Agent in 2024

    Remington Lyman

    Reafco

    (614) 541-8475

    7 in this area

    441 Total Sales

    Remington Lyman
    Section Image
  • Zeke Liston

    Buyer's Agent in 2024

    Zeke Liston

    Verti Commercial Real Estate L

    (740) 509-3053

    1 in this area

    223 Total Sales

    Zeke Liston
    Section Image
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Map

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 224023947

Columbus and Central Ohio Regional MLS

APN: 010-113047

Ohio Franklin County Columbus 43207 Obetz-Lockbourne

54 1/2-56 Benfield Ave, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 54 1/2-56 Benfield Ave, Columbus, OH 43207 since 26 September 2024 and is currently estimated at $197,904, approximately $95 per square foot. This property was built in 1930. 54 1/2-56 Benfield Ave is a home located in Franklin County with nearby schools including Parsons Elementary School, Buckeye Middle School, and Marion-Franklin 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.