NOT LISTED FOR SALE

561 Kimball Place Columbus, OH 43205

South of Main Neighborhood

Estimated Value: $359,000 - $389,000

6 Beds
2 Baths
2,352 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $250,000 $106 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,279/month

113 Days on Market

About This Home

As of June 2020

Price Reduction. Updated duplex near the rapidly developing South of Main neighborhood. This duplex has three bedrooms and 1 bath on each side, with an additional bonus room on the 3rd floor. Washer and Dryer hookups in the basement. Both units are rented at $940 per unit with unit 561 coming vacant July 1st.

Last Agent to Sell the Property

Terrence Lawrence

Coldwell Banker Realty Listed on: 05/22/2020

Last Buyer's Agent

Daniel Lim

Lim Realty Group License #2016002964

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1915

Lot Details

  • 6,098

Home Design

  • 2,352 Sq Ft Home
  • Duplex

Parking

  • Carport
  • Off-Street Parking: 1

Additional Features

  • 6,098 Sq Ft Lot
  • Central Air
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-000513

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,201
  • Gross Income $22,560
  • Net Operating Income $21,359

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,201

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 22560.0
  • Co List Office Phone: 614-759-0808
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 110.5
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 22560.0
  • Annual Expenses: 1201.0
  • General Property Info Building Sq Ft: 2352.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Carports: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-000513
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 21359.0
  • Annual Operating Expense: 1201.0

Tax Info

  • Tax Annual Amount: 1201.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 26, 2020
Sold by
Marcus Enterprises Llc
Bought by
Goldeiro Llc
Seller's Agent
Terrence Lawrence
Coldwell Banker Realty
Buyer's Agent
Daniel Lim
Lim Realty Group
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$371,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,222
Avg. Annual Appreciation
7.55%
Original Mortgage
$223,600
Outstanding Balance
$178,742
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$192,480

Purchase Details

Listed on
Oct 11, 2012
Closed on
Feb 8, 2013
Sold by
Union Savings Bank
Bought by
Marcus Enterprises Llc
Seller's Agent
Shelley Cottrell
Howard Hanna Real Estate Svcs
Buyer's Agent
Shelley Cottrell
Howard Hanna Real Estate Svcs
List Price
$24,000
Sold Price
$5,500
Premium/Discount to List
-$18,500
-77.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.73%

Purchase Details

Closed on
Mar 16, 2012
Sold by
First Alliance Properties Ltd
Bought by
Union Savings Bank

Purchase Details

Closed on
Feb 8, 2002
Sold by
Phillips D Bruce and Sparks Rodney D
Bought by
First Alliance Properties

Purchase Details

Closed on
Oct 8, 1991
Bought by
Phillips D Bruce

Purchase Details

Closed on
Mar 1, 1991

Purchase Details

Closed on
Jan 1, 1987
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
Goldeiro Llc $250,000 Crown Search Services
Marcus Enterprises Llc $5,500 None Available
Union Savings Bank $12,000 None Available
First Alliance Properties $50,600 --
Phillips D Bruce -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldeiro Llc $223,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2020 06/26/20 Sold $250,000 -3.8% $106 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $259,900 0.0% $111 / Sq Ft
05/22/2020 05/22/20 Price Changed $259,900 +4.0% $111 / Sq Ft
04/23/2020 04/23/20 Off Market $250,000 -- --
04/09/2020 04/09/20 Price Changed $275,900 -4.5% $117 / Sq Ft
03/03/2020 03/03/20 For Sale $289,000 +5154.5% $123 / Sq Ft
02/08/2013 02/08/13 Sold $5,500 -77.1% $2 / Sq Ft View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
10/11/2012 10/11/12 For Sale $24,000 -- $10 / 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 $3,890 $84,880 $24,150 $60,730
2023 $4,070 $84,875 $24,150 $60,725
2022 $6,887 $87,510 $1,860 $85,650
2021 $4,809 $87,510 $1,860 $85,650
2020 $1,237 $23,210 $1,860 $21,350
2019 $1,201 $19,320 $1,540 $17,780
2018 $609 $19,320 $1,540 $17,780
2017 $1,201 $19,320 $1,540 $17,780
2016 $361 $5,320 $3,220 $2,100
2015 $194 $5,320 $3,220 $2,100
2014 $330 $5,320 $3,220 $2,100
2013 $172 $5,600 $3,395 $2,205
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terrence Lawrence

    Coldwell Banker Realty

  • Daniel Lim

    Buyer's Agent in 2020

    Daniel Lim

    Lim Realty Group

    (614) 425-4066

    1 in this area

    24 Total Sales

    Daniel Lim
    Section Image
  • Shelley Cottrell

    Seller's Agent in 2013

    Shelley Cottrell

    Howard Hanna Real Estate Svcs

    (614) 579-4635

    1 in this area

    102 Total Sales

    Shelley Cottrell
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220006390

Columbus and Central Ohio Regional MLS

APN: 010-000513

Ohio Franklin County Columbus 43205 South of Main

561 Kimball Place, Columbus, OH

Not Listed for Sale

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