NOT LISTED FOR SALE

58 W Lincoln Ave Delaware, OH 43015

Delaware Area
6 Beds
-- Bath
5,028 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: October 24, 2013

Last sale price $125,000 $25 Per Sq Ft

287 Days on Market

About This Home

As of October 2013

Apt1 $400mo-2BR, Apt2 $450mo-1BR, Apt3 $225mo-2BR, Apt4 $250mo-1BR, Apt5 $350mo-2BR, Apt6 $350-1BR. This apartment building is a great brick building that is a great opportunity for an investor or anyone wanting to break into the rental market. All of the units are currently rented so your investment can start making money from day 1.

Last Agent to Sell the Property

Tony Spain

Howard Hanna RealCom Realty License #2012002001 Listed on: 11/05/2012

Last Buyer's Agent

Beverly Spain

Howard Hanna RealCom Realty

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 10,890 Sq Ft Lot

Home Design

  • 5,028 Sq Ft Home
  • Brick Exterior Construction

Utilities

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

Listing and Financial Details

  • The owner pays for electricity, sewer, trash collection, water
  • Assessor Parcel Number 51943202018000

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $5,196
  • Fuel Expense $3,360
  • Insurance Expense $967
  • Operating Expense $12,808
  • Gross Income $24,300
  • Net Operating Income $11,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0.25 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1901
  • Tax Year: 2011
  • Lot Size Acres: 0.25
  • Total Gross Income: 24300.0
  • Co List Office Phone: 740-936-4058
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 29.81
  • Income Expenses Gross Income: 24300.0
  • Annual Expenses: 12808.08
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 5028.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Electric5: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: 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:Brick2: Yes

Utilities

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

Fee Information

  • Annual Fuel Expense: 3360.0

Schools

  • Junior High Dist: DELAWARE CSD 2103 DEL CO.

Lot Info

  • Parcel Number: 51943202018000
  • Lot Size Sq Ft: 10890.0
  • Additional Parcels: No

Rental Info

  • Owner Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 5196.0
  • Insurance Expense: 967.0
  • Net Operating Income: 11491.92
  • Annual Operating Expense: 12808.08

Tax Info

  • Tax Annual Amount: 3285.08

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,425
Outstanding Balance
$230,841
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 5, 2012
Closed on
Oct 23, 2013
Sold by
Bought by
Seller's Agent
Tony Spain
Howard Hanna RealCom Realty
Buyer's Agent
Beverly Spain
Howard Hanna RealCom Realty
List Price
$210,000
Sold Price
$125,000
Premium/Discount to List
-$85,000
-40.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$349,900 None Available
$125,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $262,425
Previous Owner $17,450
Previous Owner $100,000
Previous Owner $474,000
Previous Owner $80,588
Previous Owner $82,998
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/24/2013 10/24/13 Sold $125,000 -40.5% $25 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $210,000 -- $42 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,077 $122,540 $16,000 $106,540
2024 $6,795 $122,540 $16,000 $106,540
2023 $6,810 $122,540 $16,000 $106,540
2022 $7,636 $117,600 $15,260 $102,340
2021 $3,508 $52,470 $15,260 $37,210
2020 $3,592 $52,470 $15,260 $37,210
2019 $3,886 $52,470 $15,260 $37,210
2018 $3,973 $52,470 $15,260 $37,210
2017 $3,663 $48,370 $15,260 $33,110
2016 $3,359 $48,370 $15,260 $33,110
2015 $3,379 $48,370 $15,260 $33,110
2014 $3,459 $48,370 $15,260 $33,110
2013 $3,450 $48,370 $15,260 $33,110
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tony Spain

    Howard Hanna RealCom Realty

  • B

    Buyer's Agent in 2013

    Beverly Spain

    Howard Hanna RealCom Realty

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212036558

Columbus and Central Ohio Regional MLS
Ohio Delaware County Delaware 43015

58 W Lincoln Ave, Delaware, OH

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Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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