$152,000
SOLD OCT 4, 2021

642 Reinhard Ave Unit 644 Columbus, OH 43206

Karns Park Neighborhood
-- Bed
-- Bath
1,311 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

5% Below List Price

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
  • 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
$235,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,255
Avg. Annual Appreciation
10.81%
Original Mortgage
$106,400
Outstanding Balance
$98,074
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$126,207

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
13.93%

Purchase Details

Closed on
Nov 23, 1983
Bought by
Thompson Larry D
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $152,000 Essential Title Partners
Interfamily Deed Transfer -- None Available
Deed $86,000 Independent Title Box
Deed $43,400 Independent Title Box
Deed $46,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,400 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    23 in this area

    1,087 Total Sales

    James Ross
    Section Image
  • Remington Lyman

    Buyer's Agent in 2021

    Remington Lyman

    Reafco

    (614) 541-8475

    19 in this area

    428 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

    13 Total Sales

    Hellen Lingnell
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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

This home is located at 642 Reinhard Ave Unit 644, Columbus, OH 43206 and is currently priced at $152,000, approximately $115 per square foot. This property was built in 1975. 642 Reinhard Ave Unit 644 is a home located in Franklin County with nearby schools including Lincoln Park Elementary School, South High School, and South Columbus Preparatory Academy.

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