NOT LISTED FOR SALE

642 Reinhard Ave Unit 644 Columbus, OH 43206

Karns Park Neighborhood

Estimated Value: $196,000 - $235,000

4 Beds
2 Baths
1,311 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $152,000 $116 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,379/month

5 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 5-minute walk to Kobacker Park

About This Home

As of October 2021

Attention Investors! Welcome to 642-644 Reinhard Ave near Nationwide Children's Hospital. This property presents a solid buy & hold investment opportunity with great cash flow/passive income potential in a rapidly developing neighborhood. Fully rented & well-maintained, this rare ranch duplex offers 2 beds & 1 bath per side w/ off-street parking. A great addition to any portfolio! Tenant's rights apply, please do not disturb. No sign in yard. A member of the selling entity is a licensed real estate salesperson in the State of Ohio. See A2A for additional details.

Last Agent to Sell the Property

James Ross

Red 1 Realty License #2015001860 Listed on: 07/29/2021

Red 1 Realty

Last Buyer's Agent

Remington Lyman

Reafco License #2022001862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 1975

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,311 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-013368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,756

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1975
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.07
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Subdivision Name: Southern Orchards
  • Location Property Info List PriceSqFt: 121.97
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • General Property Info Building Sq Ft: 1311.0
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-013368
  • Lot Size Sq Ft: 3049.2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1756.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 24, 2021
Sold by
Smith Properties Of Ohio Llc
Bought by
Wicp I Llc
Seller's Agent
James Ross
Red 1 Realty
Buyer's Agent
Remington Lyman
Reafco
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%
Current Estimated Value
$216,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,857
Avg. Annual Appreciation
8.96%
Original Mortgage
$106,400
Outstanding Balance
$96,816
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$120,041

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 23, 2021
Sold by
Smith Properties Of Ohio Llc
Bought by
Wicp I Llc
Seller's Agent
James Ross
Red 1 Realty
Buyer's Agent
Remington Lyman
Reafco
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Outstanding Balance
$96,816
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$120,041

Purchase Details

Closed on
Aug 6, 2019
Sold by
Smith Joshua
Bought by
Smith Properties Of Ohio Llc

Purchase Details

Listed on
Feb 27, 2018
Closed on
Mar 16, 2018
Sold by
Hawc Homes Llc
Bought by
Smith Joshua
Seller's Agent
Anthony Marcino
Coldwell Banker Realty
Buyer's Agent
Hellen Lingnell
Howard Hanna Real Estate Svcs
List Price
$94,900
Sold Price
$86,000
Premium/Discount to List
-$8,900
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%

Purchase Details

Closed on
Nov 23, 1983
Bought by
Thompson Larry D
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
Wicp I Llc $152,000 Essential Title Partners
Wicp I Llc $152,000 Essential Title Partners
Smith Properties Of Ohio Llc -- None Available
Smith Joshua $86,000 Independent Title Box
Hawc Homes Llc $43,400 Independent Title Box
Thompson Larry D $46,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wicp I Llc $106,400
Closed Wicp I Llc $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2021 10/04/21 Sold $152,000 -4.9% $116 / Sq Ft
07/29/2021 07/29/21 For Sale $159,900 0.0% $122 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $159,900 +85.9% $122 / Sq Ft
03/16/2018 03/16/18 Sold $86,000 -9.4% $66 / Sq Ft View Prior Sale
02/22/2018 02/22/18 For Sale $94,900 -- $72 / 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 $2,802 $61,150 $16,490 $44,660
2023 $2,767 $61,150 $16,490 $44,660
2022 $2,827 $53,200 $3,990 $49,210
2021 $1,754 $32,940 $3,990 $28,950
2020 $1,756 $32,940 $3,990 $28,950
2019 $1,574 $25,310 $3,050 $22,260
2018 $1,281 $14,880 $3,050 $11,830
2017 $925 $14,880 $3,050 $11,830
2016 $1,669 $24,570 $2,940 $21,630
2015 $1,520 $24,570 $2,940 $21,630
2014 $1,523 $24,570 $2,940 $21,630
2013 $791 $25,865 $3,080 $22,785
Source: Public Records

Agents Affiliated with this Home

  • James Ross

    Seller's Agent in 2021

    James Ross

    Red 1 Realty

    (614) 505-5656

    26 in this area

    1,088 Total Sales

    James Ross
    Section Image
  • Remington Lyman

    Buyer's Agent in 2021

    Remington Lyman

    Reafco

    (614) 541-8475

    14 in this area

    364 Total Sales

    Remington Lyman
    Section Image

  • A

    Seller's Agent in 2018

    Anthony Marcino

    Coldwell Banker Realty

  • H

    Buyer's Agent in 2018

    Hellen Lingnell

    Howard Hanna Real Estate Svcs

    (614) 506-3615

    1 in this area

    14 Total Sales

    Hellen Lingnell
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221026060

Columbus and Central Ohio Regional MLS

APN: 010-013368

Ohio Franklin County Columbus 43206 Karns Park

642 Reinhard Ave Unit 644, Columbus, OH

Not Listed for Sale

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