NOT LISTED FOR SALE

549 Fairwood Ave Unit 551 Columbus, OH 43205

South of Main Neighborhood

Estimated Value: $420,000 - $482,949

6 Beds
2 Baths
2,464 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $357,500 $145 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,947/month

13 Days on Market

About This Home

As of January 2022

Huge, Beautifully Renovated 3/1 Brick Duplex!

Move into one side of this modern 3 bedroom 1 bath duplex and let the long term tenant on the other side pay down your mortgage! ($1,295/month till 6/11/22)

Or add another well positioned investment to your portfolio in rapidly appreciating south of main! Minimal cap ex as most mechanicals have been updated along with the cosmetics making for a great stress free rental.

Last Agent to Sell the Property

Reece Iovine

Reafco License #2018004958 Listed on: 11/19/2021

Last Buyer's Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 2,464 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-063861

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,540
  • Net Operating Income $15,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,476

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1922
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 15540.0
  • Co List Office Phone: 614-636-2560
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 15540.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2464.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-063861
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 15540.0

Tax Info

  • Tax Annual Amount: 1476.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Jan 6, 2022
Sold by
Mitch Hankins
Bought by
Fuss Thomas
Seller's Agent
Reece Iovine
Reafco
Buyer's Agent
Zeke Liston
Verti Commercial Real Estate L
List Price
$365,000
Sold Price
$357,500
Premium/Discount to List
-$7,500
-2.05%
Current Estimated Value
$454,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,487
Avg. Annual Appreciation
5.60%
Original Mortgage
$351,024
Outstanding Balance
$324,588
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving
Estimated Equity
$111,110

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 10, 2021
Sold by
The Aem Services Llc
Bought by
Hankins Mitch
Seller's Agent
Anthony Dente
EXP Realty, LLC
Buyer's Agent
Reece Iovine
Reafco
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%
Original Mortgage
$252,000
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Listed on
Aug 20, 2020
Closed on
Aug 20, 2020
Sold by
A An M Properties Llc
Bought by
The Aem Services Llc
Seller's Agent
Misty Linn
Core Ohio, Inc.
Buyer's Agent
Misty Linn
Core Realty Collection
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.97%
Original Mortgage
$245,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 29, 2020
Sold by
Jones Michael and Jones Annette
Bought by
A An M Properties

Purchase Details

Closed on
Dec 18, 2000
Sold by
M & K Homes Llc
Bought by
C E Donley Properties Llc

Purchase Details

Closed on
Nov 16, 2000
Sold by
Companion Mtg Corp
Bought by
M & K Homes Llc

Purchase Details

Closed on
Oct 6, 2000
Sold by
Curtis David A and Case #99Cve02 1485
Bought by
Companion Mtg Corp

Purchase Details

Closed on
Jun 18, 1998
Sold by
Hal Enterprises
Bought by
Curtis David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Silverhawk Investments Ltd
Bought by
Holstein Amy L and Hal Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.17%
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
Fuss Thomas $357,500 Landsel Title Agency
Hankins Mitch $315,000 Kingdom Title
The Aem Services Llc $215,000 Pm Title Llc
A An M Properties $110,000 Axxis Title Agency Ltd
C E Donley Properties Llc $35,000 Titlequest Agency Inc
M & K Homes Llc $20,000 --
Companion Mtg Corp $32,000 --
Curtis David A $55,000 Capital Title
Holstein Amy L $29,500 Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuss Thomas $351,024
Previous Owner Hankins Mitch $252,000
Previous Owner Aem Services Llc $245,000
Previous Owner Jones Michael $53,200
Previous Owner Jones Michael $61,000
Previous Owner Jones Michael $55,800
Previous Owner Curtis David A $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $357,500 -2.1% $145 / Sq Ft
11/19/2021 11/19/21 For Sale $365,000 +2.1% $148 / Sq Ft
11/17/2021 11/17/21 Off Market $357,500 -- --
05/11/2021 05/11/21 Sold $315,000 -4.5% $128 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $329,900 0.0% $134 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $329,900 +53.4% $134 / Sq Ft
08/20/2020 08/20/20 Sold $215,000 0.0% $87 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $215,000 -- $87 / 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 $5,615 $123,800 $23,000 $100,800
2023 $5,694 $123,800 $23,000 $100,800
2022 $4,708 $87,860 $1,790 $86,070
2021 $4,677 $87,860 $1,790 $86,070
2020 $1,476 $27,690 $1,790 $25,900
2019 $1,435 $23,070 $1,470 $21,600
2018 $1,212 $23,070 $1,470 $21,600
2017 $1,262 $23,070 $1,470 $21,600
2016 $1,090 $16,040 $3,050 $12,990
2015 $992 $16,040 $3,050 $12,990
2014 $995 $16,040 $3,050 $12,990
2013 $517 $16,905 $3,220 $13,685
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Reece Iovine

    Reafco

    (614) 656-3572

    2 in this area

    22 Total Sales

    Reece Iovine
    Section Image
  • Zeke Liston

    Buyer's Agent in 2022

    Zeke Liston

    Verti Commercial Real Estate L

    (740) 509-3053

    8 in this area

    233 Total Sales

    Zeke Liston
    Section Image

  • A

    Seller's Agent in 2021

    Anthony Dente

    EXP Realty, LLC

  • M

    Seller's Agent in 2020

    Misty Linn

    Core Ohio, Inc.

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221045284

Columbus and Central Ohio Regional MLS

APN: 010-063861

Ohio Franklin County Columbus 43205 South of Main

549 Fairwood Ave Unit 551, Columbus, OH

This home is located at 549 Fairwood Ave Unit 551, Columbus, OH 43205 since 19 November 2021 and is currently estimated at $454,987, approximately $184 per square foot. This property was built in 1922. 549 Fairwood Ave Unit 551 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East 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.

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