NOT LISTED FOR SALE

605 Fairwood Ave Unit 607 Columbus, OH 43205

South of Main Neighborhood

Estimated Value: $321,000 - $633,000

6 Beds
2 Baths
2,214 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $300,000 $136 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,498/month

7 Days on Market

About This Home

As of March 2022

HUGE CASH-FLOWING BRICK DUPLEX in the rapidly developing South of Main! Updated hot water tanks and furnaces and most of the windows are new. Fantastic property to complete some cosmetic upgrades and increase your equity and cashflow. Total rent is $2,874/month. Unit 507 is a standard tenant while unit 505 is being used as a rooming house for the YMCA rapid rehousing program.

Last Agent to Sell the Property

Remington Lyman

Reafco License #2022001862 Listed on: 01/28/2022

Last Buyer's Agent

Marc Rice

Reafco License #2022005625

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,293

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 2,214 Sq Ft Home
  • Duplex

Utilities

  • Cooling Available
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-008696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,293

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Co List Office Phone: 614-636-2560
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 130.94
  • Remarks Misc Hot Sheet Comments: new
  • General Property Info Building Sq Ft: 2214.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Oil
  • Cooling: Other
  • Cooling Y N: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-008696
  • Lot Size Sq Ft: 3920.4

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1293.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 16, 2022
Sold by
605-607 Fairwood Avenue Llc
Bought by
Walker Jhareese
Seller's Agent
Remington Lyman
Reafco
Buyer's Agent
Marc Rice
Reafco
List Price
$289,900
Sold Price
$300,000
Premium/Discount to List
$10,100
3.48%
Current Estimated Value
$417,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,841
Avg. Annual Appreciation
8.91%
Original Mortgage
$291,000
Outstanding Balance
$269,693
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$148,148

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 7, 2022
Sold by
605-607 Fairwood Avenue Llc
Bought by
Walker Jhareese
Seller's Agent
Remington Lyman
Reafco
Buyer's Agent
Marc Rice
Reafco
List Price
$289,900
Sold Price
$300,000
Premium/Discount to List
$10,100
3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Outstanding Balance
$269,693
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$148,148

Purchase Details

Closed on
Jun 25, 2020
Sold by
Green Orchid Llc
Bought by
605 607 Fairwood Avenue Llc

Purchase Details

Closed on
Jul 26, 2016
Sold by
E2 Enterprises Ltd
Bought by
Green Orchid Management Llc

Purchase Details

Closed on
Sep 23, 2005
Sold by
Edgington Ron and Edgington Patricia
Bought by
E2 Enterprises Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Watkins Iris J
Bought by
Edgington Ron

Purchase Details

Closed on
Apr 7, 1998
Sold by
Cordero Elena N
Bought by
Rolwing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.27%

Purchase Details

Closed on
Feb 28, 1998
Sold by
Rolwing Inc
Bought by
Watkins Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.27%

Purchase Details

Closed on
Dec 3, 1993
Source: Public Records
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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
Walker Jhareese $591,000 Landsel Title Agency
Walker Jhareese $591,000 Landsel Title Agency
605 607 Fairwood Avenue Llc -- Northwest Title
Green Orchid Management Llc -- None Available
E2 Enterprises Ltd -- --
Edgington Ron $50,000 New Horizon
Rolwing Inc $34,500 Superior Title Services Agen
Watkins Iris J $55,000 Superior Title Services Agen
Watkins Iris $55,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Jhareese $291,000
Closed Walker Jhareese $291,000
Previous Owner E2 Enterprises Ltd $72,250
Previous Owner Watkins Iris J $58,500
Previous Owner Watkins Iris $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Sold $300,000 +3.5% $136 / Sq Ft
01/27/2022 01/27/22 For Sale $289,900 -- $131 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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
2025 $3,916 $85,440 $19,810 $65,630
2024 $3,916 $85,440 $19,810 $65,630
2023 $4,017 $85,435 $19,810 $65,625
2022 $1,289 $24,260 $1,540 $22,720
2021 $1,442 $24,260 $1,540 $22,720
2020 $1,293 $24,260 $1,540 $22,720
2019 $1,256 $20,200 $1,260 $18,940
2018 $1,898 $20,200 $1,260 $18,940
2017 $1,256 $20,200 $1,260 $18,940
2016 $940 $13,230 $2,310 $10,920
2015 $2,542 $13,230 $2,310 $10,920
2014 $820 $13,230 $2,310 $10,920
2013 $425 $13,895 $2,415 $11,480
Source: Public Records

Agents Affiliated with this Home

  • Remington Lyman

    Seller's Agent in 2022

    Remington Lyman

    Reafco

    (614) 541-8475

    3 in this area

    343 Total Sales

    Remington Lyman
    Section Image
  • Marc Rice

    Buyer's Agent in 2022

    Marc Rice

    Reafco

    (614) 363-2787

    2 in this area

    151 Total Sales

    Marc Rice
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222002516

Columbus and Central Ohio Regional MLS

APN: 010-008696

Ohio Franklin County Columbus 43205 South of Main

605 Fairwood Ave Unit 607, Columbus, OH

Not Listed for Sale

MultiFamily

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