NOT LISTED FOR SALE

54 Benfield Ave Unit 56 Columbus, OH 43207

Far South Neighborhood

Estimated Value: $183,000 - $206,000

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

Last Sold June 04, 2021

Last sale price $185,000 $90 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,342/month

54 Days on Market

About This Home

As of June 2021

Huge value add opportunity with this property. All the heavy lifting has been done. This property is already in rent ready condition. Rents in this area have been on the rise and its perfect timing for a new owner to come in and improve cash flow. The front duplex has 2 bedrooms in each unit. There is a separate 1 bedroom house in the rear of the property. This property is ready to will be an excellent addition to an investors portfolio.

Last Agent to Sell the Property

Cephas Pearson

Red 1 Realty License #2017003344 Listed on: 04/20/2021

Red 1 Realty

Last Buyer's Agent

Remington Lyman

Reafco License #2022001862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,064 Sq Ft Home
  • Duplex

Community Details

  • 3 Units
  • Gross Income $1,950

Listing and Financial Details

  • Assessor Parcel Number 010-113047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,461

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 1950.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Income Expenses Gross Income: 1950.0
  • 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: 1461.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Azura Properties Llc
Bought by
Pai Jason
Total Days on Market
54
Current Estimated Value
$197,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Listed on
Apr 20, 2021
Closed on
May 17, 2021
Sold by
Sdg Holdings Llc
Bought by
Devulapalli Kavi
Seller's Agent
Cephas Pearson
Red 1 Realty
Buyer's Agent
Remington Lyman
Reafco
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$138,750
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 31, 2018
Sold by
Hamby Housing Llc
Bought by
Sdg Holdings Llc
Seller's Agent
Michael Hamby
Solutions for Real Estate
Buyer's Agent
Cephas Pearson
e-Merge Real Estate
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.54%
Original Mortgage
$70,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 22, 2017
Closed on
Aug 4, 2017
Sold by
Amj Homes Ltd
Bought by
Hamby Housing Llc
Seller's Agent
Mark Fleming
Coldwell Banker Realty
Buyer's Agent
Michael Hamby
Key Realty
List Price
$65,000
Sold Price
$56,000
Premium/Discount to List
-$9,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.40%

Purchase Details

Listed on
Jan 18, 2017
Closed on
Apr 28, 2017
Sold by
Unam Investments Inc
Bought by
Ajm Homes Ltd
Seller's Agent
April Zerman
Saxton Real Estate
Buyer's Agent
Donato D'Alberto
Exit Trinity Realty
List Price
$55,000
Sold Price
$18,000
Premium/Discount to List
-$37,000
-67.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6592.88%

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
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
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
06/04/2021 06/04/21 Sold $185,000 -17.8% $90 / Sq Ft
04/11/2021 04/11/21 For Sale $225,000 +136.8% $109 / Sq Ft
09/07/2018 09/07/18 Sold $95,000 -5.0% $46 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $100,000 +78.6% $48 / Sq Ft
08/04/2017 08/04/17 Sold $56,000 -13.8% $27 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $65,000 +261.1% $31 / Sq Ft
04/28/2017 04/28/17 Sold $18,000 -67.3% $9 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
06/08/2016 06/08/16 For Sale $55,000 -- $27 / 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

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221010831

Columbus and Central Ohio Regional MLS

APN: 010-113047