NOT LISTED FOR SALE

556 Berkeley Rd Unit 558 Columbus, OH 43205

South of Main Neighborhood

Estimated Value: $408,000 - $429,000

4 Beds
2 Baths
2,166 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $385,000 $178 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,511/month

About This Home

As of August 2021

Fully updated South of Main duplex with finished third floor that provides additional bedroom potential. Perfect for Owner Occupant or Investor. Currently rented long-term on one side and a short-term rental on the other side. Selling as a fully set up short-term rental with furnishings. Property also has a new sump pump, freshly landscaped fully fenced in back yards with both units. Off street parking for two cars, and a 100% tax abatement for 10 years. Amazing investment potential for a long term or short term rental.

Last Agent to Sell the Property

Jilian Raby

ERA Real Solutions Realty Listed on: 06/25/2021

Last Buyer's Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1928

Lot Details

  • 4,792

Home Design

  • 2,166 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • 2 Parking Spaces
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-027798

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,200
  • Gross Income $46,800
  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,217

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1928
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 46800.0
  • Co List Office Phone: 614-871-1000
  • MLS Status: Closed
  • Subdivision Name: South of Main
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 46800.0
  • Annual Expenses: 4200.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2166.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

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: 010-027798
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 42600.0
  • Annual Operating Expense: 4200.0

Tax Info

  • Tax Annual Amount: 1217.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Barbera Jacquelyne Kelly and Murphy Shawn
Bought by
Clouse Kathrine Louise
Current Estimated Value
$422,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,026
Outstanding Balance
$377,354
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$45,119

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 28, 2021
Sold by
Cbus Management Llc
Bought by
Barbera Jacquelyne Kelly and Murphy Shawn
Seller's Agent
Jilian Raby
ERA Real Solutions Realty
Buyer's Agent
Zeke Liston
Verti Commercial Real Estate L
List Price
$375,000
Sold Price
$385,000
Premium/Discount to List
$10,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Original Mortgage
$378,026
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 15, 2020
Sold by
Moor Jared Erich and Stanton Kaitlyn Kanani
Bought by
Cbus Management Llc

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 8, 2020
Sold by
Perez Properties Llc
Bought by
Moor Jared E
Seller's Agent
Jennifer Wernert
e-Merge Real Estate
Buyer's Agent
Jilian Raby
ERA Real Solutions Realty
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$228,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2018
Sold by
Perez Emanuel
Bought by
Perez Properties Llc

Purchase Details

Closed on
Sep 28, 2018
Sold by
Palladium Investments Llc
Bought by
Perez Emanuel

Purchase Details

Listed on
Jan 4, 2013
Closed on
Mar 28, 2013
Sold by
Fannie Mae
Bought by
Hillman Ralph
Seller's Agent
Kimberly Kovacs
Coldwell Banker Realty
Buyer's Agent
David Scheiner
iHome, Realtors
List Price
$19,900
Sold Price
$8,950
Premium/Discount to List
-$10,950
-55.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.12%

Purchase Details

Closed on
Dec 11, 2012
Sold by
Moore Douglas and Jpmorgan Chase Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 23, 2007
Sold by
Moore Douglas
Bought by
Cox Pickaway and Cox Dwaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,601
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2003
Sold by
Patrick David R
Bought by
Moore Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
5.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 30, 2002
Sold by
Bank One Na
Bought by
556-558 Berkeley Ave Land Trust and Patrick David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 3, 2002
Sold by
Kirkman Elzie J
Bought by
Bank One Na and The First National Bank Of Chicago

Purchase Details

Closed on
May 26, 1998
Sold by
Robert Robert J and Robert Linda K
Bought by
Kirkman Elzie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,300
Interest Rate
10.75%

Purchase Details

Closed on
Aug 7, 1996
Sold by
Robert J Robert
Bought by
Kirkman Elzie
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
Clouse Kathrine Louise $420,000 Ohio Real Title
Barbera Jacquelyne Kelly $385,000 Chicago Title Worthington
Cbus Management Llc -- Pm Title Llc
Moor Jared E $305,000 Pm Title Llc
Perez Properties Llc -- Pm Title Box
Perez Emanuel $68,000 Pm Title Box
Palladium Investments Llc $56,000 Pm Title Box
Hillman Ralph $8,700 None Available
Federal National Mortgage Association $66,600 None Available
Cox Pickaway $55,601 None Available
Moore Douglas -- --
556-558 Berkeley Ave Land Trust $25,000 Accutitle Agency Inc
Bank One Na $26,600 Accutitle Agency Inc
Kirkman Elzie J $30,000 --
Kirkman Elzie $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clouse Kathrine Louise $378,026
Previous Owner Barbera Jacquelyne Kelly $378,026
Previous Owner Moor Jared E $228,750
Previous Owner Cox Pickaway $55,601
Previous Owner Moore Douglas $58,400
Previous Owner Moore Douglas $54,750
Previous Owner 556-558 Berkeley Ave Trust $16,500
Previous Owner 556-558 Berkeley Ave Trust $32,000
Previous Owner Kirkman Elzie J $48,300
Closed Kirkman Elzie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $385,000 +2.7% $178 / Sq Ft
06/25/2021 06/25/21 For Sale $375,000 -2.6% $173 / Sq Ft
06/17/2021 06/17/21 Off Market $385,000 -- --
07/08/2020 07/08/20 Sold $305,000 +1.7% $139 / Sq Ft
05/22/2020 05/22/20 For Sale $300,000 +3252.0% $136 / Sq Ft
03/28/2013 03/28/13 Sold $8,950 -55.0% $4 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $19,900 -- $9 / 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 $1,667 $118,690 $21,210 $97,480
2023 $1,796 $118,685 $21,210 $97,475
2022 $1,053 $106,760 $1,650 $105,110
2021 $996 $84,080 $1,650 $82,430
2020 $1,217 $22,830 $1,650 $21,180
2019 $996 $14,320 $1,370 $12,950
2018 $939 $14,320 $1,370 $12,950
2017 $989 $14,320 $1,370 $12,950
2016 $1,087 $16,000 $2,450 $13,550
2015 $990 $16,000 $2,450 $13,550
2014 $992 $16,000 $2,450 $13,550
2013 $515 $16,835 $2,590 $14,245
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221021557

Columbus and Central Ohio Regional MLS

APN: 010-027798