NOT LISTED FOR SALE

Estimated Value: $299,000 - $331,927

5 Beds
2 Baths
2,016 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $242,000 $120 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,993/month

4 Days on Market

About This Home

As of April 2021

Let your tenant pay your mortgage! Check out this perfect ''house hack'' for the new investor. Live in the newly updated, vacant 2 bedroom unit with a garage and collect rent from the long-term tenant who would like to stay in the other unit. Not your first rodeo? Updates to the 2 bedroom unit easily justify increased rent over the $675 it was getting before the updates. Each unit has a basement and a private back yard with a privacy fence. Property has upgraded electric panels (2017), new roof (2018), and a new sewer line (2020). Do not disturb tenant in 5629. The sellers are in receipt of multiple offers. They are asking for offers to be in by 7:00 pm Sunday and remain open until 10:00 pm.

Last Agent to Sell the Property

Corey Liepelt

Century 21 Excellence Realty License #2016002223 Listed on: 03/13/2021

Century 21 Excellence Realty

Last Buyer's Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,631

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • 2,016 Sq Ft Home
  • Duplex
  • Stucco

Parking

  • Garage
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-149133

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $19,200
  • Net Operating Income $14,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,631

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1971
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.23
  • Total Gross Income: 19200.0
  • Co List Office Phone: 614-437-2100
  • MLS Status: Closed
  • Subdivision Name: Forest Park East
  • Income Expenses Gross Income: 19200.0
  • Annual Expenses: 5000.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2016.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: 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:Stucco2: Yes

Garage/Parking

  • Parking Features 1 Car Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central 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: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-149133
  • Lot Size Sq Ft: 10018.8

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14200.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2631.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Saunders Chichi Natasha
Bought by
Tam Property Management Llc
Current Estimated Value
$316,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2023
Sold by
Penree George Melvin and Penree Sherry
Bought by
Saunders Chichi Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 16, 2021
Sold by
German Michael T and German Lisa D
Bought by
Penree George Melvin and Penree Sherry
Seller's Agent
Corey Liepelt
Century 21 Excellence Realty
Buyer's Agent
Zeke Liston
Verti Commercial Real Estate L
List Price
$234,900
Sold Price
$242,000
Premium/Discount to List
$7,100
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$234,740
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2017
Sold by
Merryman James C
Bought by
German Michael T and German Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 2007
Sold by
Merryman Janet M
Bought by
Merryman James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Estate Of Gene Curtis Merryman
Bought by
Merryman Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 1975
Bought by
Merryman Gene C
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
Tam Property Management Llc -- Ohio Real Title
Saunders Chichi Natasha $300,000 Ohio Real Title
Penree George Melvin $242,000 Landsel Title Agency Inc
German Michael T $132,500 Chicago Title
Merryman James C $70,000 Metropolita
Merryman Janet M -- None Available
Merryman Gene C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Chichi Natasha $255,000
Previous Owner Penree George Melvin $234,740
Previous Owner German Michael T $105,500
Previous Owner Merryman James C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $242,000 +3.0% $120 / Sq Ft
03/11/2021 03/11/21 For Sale $234,900 -- $117 / 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 $3,769 $82,250 $19,880 $62,370
2023 $3,683 $82,250 $19,880 $62,370
2022 $2,741 $49,350 $11,550 $37,800
2021 $2,627 $49,350 $11,550 $37,800
2020 $2,631 $49,350 $11,550 $37,800
2019 $2,275 $36,580 $8,580 $28,000
2018 $2,403 $36,580 $8,580 $28,000
2017 $2,527 $36,580 $8,580 $28,000
2016 $2,785 $40,990 $9,140 $31,850
2015 $2,535 $40,990 $9,140 $31,850
2014 $2,542 $40,990 $9,140 $31,850
2013 $1,320 $43,155 $9,625 $33,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221006961

Columbus and Central Ohio Regional MLS

APN: 010-149133