NOT LISTED FOR SALE

56 W Central Ave Delaware, OH 43015

Estimated Value: $246,000 - $334,460

2 Beds
2 Baths
1,794 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $215,000 $120 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,979/month

33 Days on Market

Highlights

  • Detached Garage
  • Window Unit Cooling System
  • Forced Air Heating System
  • Fireplace

About This Home

As of February 2021

RARE OPPORTUNITY and Hard-to-find custom duplex in Delaware's desirable NW historic district within close proximity to downtown's shopping/dining! 2 BR unit rents for $1300/mo. and studio rents for $650/mo. (both units are leased). 2BR: Completely updated kitchen w/vaulted shiplap ceiling, new cabinets, granite counters and SS appliances. 1st flr laundry hook-ups in updated bath w/new vanity and fixtures. Freshly painted exterior/porch w/new side deck attached to 1st floor MBR. New roof 2019. Updated electric on both panels. New kitchen/bath in studio apartment, including new shower, vanity, cabinets & butcher block counter top. New windows throughout 2019. New interior window trim throughout. Refinished original hardwood floors. GOOD INCOME GENERATING PROPERTY AT $1950/MONTH!

Last Agent to Sell the Property

Heather Kamann

Howard Hanna Real Estate Services License #449730 Listed on: 01/15/2021

Howard Hanna Real Estate Services

Last Buyer's Agent

Heather Kamann

Howard Hanna Real Estate Services License #449730 Listed on: 01/15/2021

Howard Hanna Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1901

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,794 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 519-432-12-018-000

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $750
  • Operating Expense $3,107
  • Gross Income $23,400
  • Net Operating Income $20,293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,357

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1901
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 23400.0
  • Co List Office Phone: 740-363-7355
  • MLS Status: Closed
  • Income Expenses Gross Income: 23400.0
  • Annual Expenses: 3107.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1794.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Utilities

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

Schools

  • Junior High Dist: DELAWARE CSD 2103 DEL CO.

Lot Info

  • Parcel Number: 519-432-12-018-000
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 750.0
  • Net Operating Income: 20293.0
  • Annual Operating Expense: 3107.0

Tax Info

  • Tax Annual Amount: 2357.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Feb 3, 2021
Sold by
Ryan Michael and Ryan Sarah
Bought by
Red Pine Holdings Llc
Seller's Agent
Heather Kamann
Howard Hanna Real Estate Services
Buyer's Agent
Heather Kamann
Howard Hanna Real Estate Services
List Price
$209,900
Sold Price
$215,000
Premium/Discount to List
$5,100
2.43%
Current Estimated Value
$288,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,865
Avg. Annual Appreciation
6.54%

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 31, 2019
Sold by
Sealey Jean E
Bought by
Ryan Michael and Ryan Sarah
Seller's Agent
Felicia Ronk
NextHome Experience
Buyer's Agent
Felicia A. Ronk
Go Realty
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.47%
Original Mortgage
$75,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1992
Bought by
Sealey Jean E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Red Pine Holdings Llc $215,000 First Ohio Title Ins
Ryan Michael $100,000 Search 2 Close
Sealey Jean E $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Michael $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2021 02/03/21 Sold $215,000 +2.4% $120 / Sq Ft
01/18/2021 01/18/21 For Sale $209,900 0.0% $117 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $209,900 +109.9% $117 / Sq Ft
07/31/2019 07/31/19 Sold $100,000 -13.0% $56 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $115,000 0.0% $64 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $115,000 0.0% $64 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $115,000 -- $64 / 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 $4,608 $95,240 $14,770 $80,470
2023 $4,617 $95,240 $14,770 $80,470
2022 $4,201 $75,260 $9,980 $65,280
2021 $2,185 $38,300 $9,980 $28,320
2020 $2,212 $38,300 $9,980 $28,320
2019 $2,357 $37,000 $8,680 $28,320
2018 $2,390 $37,000 $8,680 $28,320
2017 $1,184 $30,770 $7,810 $22,960
2016 $1,849 $30,770 $7,810 $22,960
2015 $1,859 $30,770 $7,810 $22,960
2014 $1,888 $30,770 $7,810 $22,960
2013 $1,898 $30,770 $7,810 $22,960
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220043292

Columbus and Central Ohio Regional MLS

APN: 519-432-12-018-000