NOT LISTED FOR SALE

551 South Ln Columbus, OH 43206

Schumacher Place Neighborhood

Estimated Value: $128,000 - $226,000

1 Bed
1 Bath
492 Sq Ft
$389/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $11,900 $24 Per Sq Ft

Est. 1,510% increase in value since last sale

Current estimated payment $1,222/month

8 Days on Market

About This Home

As of April 2014

Cozy bungalow priced to reflect needed renovation! Great location just steps from Nationwide Children's Hospital and German Village. This will go fast! This is a Fannie Mae Homepath property. Receive up to 3.5% closing cost assistance for owner-occupant buyers and public entities who request the incentive at their initial offer during the First LookTM period, purchase a HomePath property on or before April 30 and close by June 30, 2014.

Last Agent to Sell the Property

Ric Smith

Century 21 Excellence Realty Listed on: 04/09/2014

Last Buyer's Agent

Chris Macisco

RESCO Realty License #2009004513

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 871 Sq Ft Lot

Home Design

  • Ranch Style House

Interior Spaces

  • 492 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 010-043331

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1915
  • Tax Year: 2013
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.02
  • Co List Office Phone: 614-863-0180
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Location Property Info List PriceSqFt: 20.12
  • Remarks Misc Hot Sheet Comments: new
  • Basement Basement YN2: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 1
  • Entry Level Full Bathrooms: 1
  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • General Property Info Baths FH: 1.0
  • Basement Description:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-043331
  • Lot Size Sq Ft: 871.2

Tax Info

  • Tax Annual Amount: 599.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2015
Sold by
Macisco Christopher A
Bought by
Bushwood Lane Ltd
Current Estimated Value
$191,571

Purchase Details

Listed on
Apr 9, 2014
Closed on
Apr 28, 2014
Sold by
Fannie Mae
Bought by
Lane Heather
Seller's Agent
Ric Smith
Century 21 Excellence Realty
Buyer's Agent
Chris Macisco
RESCO Realty
List Price
$9,900
Sold Price
$11,900
Premium/Discount to List
$2,000
20.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.12%

Purchase Details

Listed on
Apr 9, 2014
Closed on
Mar 19, 2014
Sold by
Neace James T and Citimortgage Inc
Bought by
Federal National Mortgage Association
Seller's Agent
Ric Smith
Century 21 Excellence Realty
Buyer's Agent
Chris Macisco
RESCO Realty
List Price
$9,900
Sold Price
$11,900
Premium/Discount to List
$2,000
20.2%

Purchase Details

Closed on
Sep 7, 2005
Sold by
Eat Fresh Ohio Investment Group Llc
Bought by
Neace James T and Neace Doris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,150
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 8, 2005
Sold by
Degraw Gregory R A and Degraw Anna M
Bought by
East Fresh Ohio Investment Group

Purchase Details

Closed on
Jan 17, 1997
Sold by
Trudeau Andre N
Bought by
Degraw Greg R and Degraw Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
7.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1984

Purchase Details

Closed on
Jun 1, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bushwood Lane Ltd -- Attorney
Maciso Christopher A -- Attorney
Lane Heather -- None Available
Federal National Mortgage Association $14,000 None Available
Neace James T $43,500 --
East Fresh Ohio Investment Group -- Trident Tit
Degraw Greg R $256,000 --
-- $2,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neace James T $39,150
Previous Owner Degraw Greg R $179,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Off Market $11,900 -- --
04/29/2014 04/29/14 Sold $11,900 +20.2% $24 / Sq Ft
04/08/2014 04/08/14 For Sale $9,900 -- $20 / 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 $2,520 $54,990 $23,100 $31,890
2023 $2,489 $54,985 $23,100 $31,885
2022 $2,054 $38,650 $17,750 $20,900
2021 $2,058 $38,650 $17,750 $20,900
2020 $2,061 $38,650 $17,750 $20,900
2019 $1,783 $28,670 $17,750 $10,920
2018 $1,214 $28,670 $17,750 $10,920
2017 $1,258 $28,670 $17,750 $10,920
2016 $733 $10,790 $1,860 $8,930
2015 $649 $10,790 $1,860 $8,930
2014 $669 $10,790 $1,860 $8,930
2013 $365 $9,800 $1,680 $8,120
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ric Smith

    Century 21 Excellence Realty

  • Chris Macisco

    Buyer's Agent in 2014

    Chris Macisco

    RESCO Realty

    (330) 421-4092

    14 Total Sales

    Chris Macisco
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214017987

Columbus and Central Ohio Regional MLS

APN: 010-043331

Ohio Franklin County Columbus 43206 Schumacher Place

551 South Ln, Columbus, OH

Not Listed for Sale

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