NOT LISTED FOR SALE

Estimated Value: $322,000 - $340,000

5 Beds
2 Baths
1,596 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 15, 2024

Last sale price $326,000 $204 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,144/month

1 Day on Market

About This Home

As of July 2024

Attention Investors: Exceptional Duplex Opportunity!
Featuring one 2-bedroom unit and one 3-bedroom unit, this property generates a monthly income of $2,625. Tenants are responsible for lawn, gas, electric, & water costs over $50 per month, ensuring low operating expenses and immediate cash flow for the owner. Since the current rental rates were set a year ago and market rents have risen considerably, investors have a valuable opportunity to perform minor renovations and significantly increase income. Other notable features include a courtyard entry, a private backyard with a paver patio, and a one-car garage per unit. Located in the desirable Southwestern school system, this duplex is a prime investment you won't want to miss! Expenses listed inc.taxes, insurance and water avg. 729.91/y

Last Agent to Sell the Property

Elisa Lowe

Keller Williams Consultants License #2017003008 Listed on: 06/25/2024

Keller Williams Consultants

Last Buyer's Agent

Sarah Dawes

RE/MAX Capital Centre License #2023002353

RE/MAX Capital Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1978

Lot Details

  • 0.27

Home Design

  • 1,596 Sq Ft Home
  • Duplex
  • Stucco

Parking

  • Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 0.27 Acre Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 570-167555

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,224
  • Gross Income $31,500
  • Net Operating Income $26,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,395

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1978
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.27
  • Total Gross Income: 31500.0
  • Co List Office Phone: 866-212-4991
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 31500.0
  • Annual Expenses: 5224.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1596.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: 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: Garage Door Opener
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Garage Door Opener: Yes

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: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 570-167555
  • Lot Size Sq Ft: 11761.2

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 26276.0
  • Annual Operating Expense: 5224.0

Tax Info

  • Tax Annual Amount: 3395.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jun 24, 2024
Sold by
Brh Investments Ohio Llc
Bought by
Culbertson Mary E and Culbertson Timothy E
Seller's Agent
Elisa Lowe
Keller Williams Consultants
Buyer's Agent
Sarah Dawes
RE/MAX Capital Centre
List Price
$310,000
Sold Price
$326,000
Premium/Discount to List
$16,000
5.16%
Views
8
Current Estimated Value
$336,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,009
Avg. Annual Appreciation
1.61%

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 8, 2021
Sold by
Al Maha Investments Llc
Bought by
Brh Investments Ohio Llc
Seller's Agent
Linda Telles
Coldwell Banker Realty
Buyer's Agent
Elisa Lowe
Keller Williams Consultants
List Price
$193,000
Sold Price
$215,000
Premium/Discount to List
$22,000
11.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Anderson Mark W and Anderson Charles N
Bought by
Al Maha Investments Llc

Purchase Details

Closed on
May 23, 2005
Sold by
Anderson Adam F and Anderson Neila R
Bought by
Anderson Adam F and Anderson Neila R

Purchase Details

Closed on
Apr 2, 1979
Bought by
Anderson Grace M
Source: Public Records

Range of Values:

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Average Value
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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
Culbertson Mary E $326,000 Columbus Title
Brh Investments Ohio Llc $215,000 Crown Search Services
Al Maha Investments Llc $102,500 Real Living
Al Maha Investments Llc $20,500 Real Living
Anderson Adam F -- --
Anderson Grace M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brh Investments Ohio Llc $286,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Sold $326,000 +5.2% $204 / Sq Ft
06/25/2024 06/25/24 For Sale $310,000 0.0% $194 / Sq Ft
08/11/2022 08/11/22 Rented $1,350 0.0% --
07/25/2022 07/25/22 For Rent $1,350 0.0% --
07/12/2021 07/12/21 Sold $215,000 +11.4% $135 / Sq Ft
06/23/2021 06/23/21 For Sale $193,000 -- $121 / 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 $3,454 $92,370 $33,360 $59,010
2023 $3,395 $92,365 $33,355 $59,010
2022 $2,275 $45,440 $11,660 $33,780
2021 $2,321 $45,440 $11,660 $33,780
2020 $2,309 $45,440 $11,660 $33,780
2019 $2,180 $37,840 $9,700 $28,140
2018 $1,071 $37,840 $9,700 $28,140
2017 $2,133 $37,840 $9,700 $28,140
2016 $2,401 $39,130 $9,450 $29,680
2015 $1,201 $39,130 $9,450 $29,680
2014 $2,404 $39,130 $9,450 $29,680
2013 $1,256 $41,230 $9,975 $31,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224021298

Columbus and Central Ohio Regional MLS

APN: 570-167555