NOT LISTED FOR SALE

Estimated Value: $250,000 - $364,000

4 Beds
2 Baths
2,764 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $382,500 $138 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,227/month

7 Days on Market

About This Home

As of September 2021

This a unique opportunity in Historic Olde Oaks! Check out this lovely, fully rented multi-family home on two parcels with professional management already in place! One side contains 2 beds, 1 bath and the other includes 2 beds and 1.5 baths. Each unit has been completely updated and include finished areas in the basements. Outside is a large, fenced-in yard that includes a 3 car garage! Rent totals are $2,625 a month including pet fees. See A2A

Last Agent to Sell the Property

Misty Linn

Core Ohio, Inc. Listed on: 08/02/2021

Last Buyer's Agent

David Tweet

MODERN OHIO REALTY License #2017000756

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,677

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,764 Sq Ft Home
  • Duplex

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-013615

Community Details

Overview

  • 2 Units

Building Details

  • Maintenance Expense $150
  • Manager Expense $268
  • Professional Management Expense $268
  • Operating Expense $658
  • Gross Income $2,625
  • Net Operating Income $1,968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,677

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1964
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Total Gross Income: 2625.0
  • Co List Office Phone: 614-429-5404
  • MLS Status: Closed
  • Subdivision Name: Olde Oaks
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 2625.0
  • Annual Expenses: 657.5
  • General Property Info Building Sq Ft: 2764.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features Detached Garage2: Yes
  • Parking Features 3 Car Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available, Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-013615
  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: 010-013616-00

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Maintenance Expense: 150.0
  • Resident Manager Expense: 267.5
  • Net Operating Income: 1967.5
  • Annual Operating Expense: 657.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 15, 2021
Sold by
Steele Jeffrey and Steele Kristine Elizabeth
Bought by
South Champion Properties Llc
Seller's Agent
Misty Linn
Core Ohio, Inc.
Buyer's Agent
David Tweet
MODERN OHIO REALTY
List Price
$375,000
Sold Price
$382,500
Premium/Discount to List
$7,500
2%
Current Estimated Value
$320,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,128
Original Mortgage
$302,700
Outstanding Balance
$259,088
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2020
Sold by
Bishop Of Roman Catholic Diocese Of Colu
Bought by
Steele Jeffrey and Steele Kristine Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
South Champion Properties Llc $382,500 Talon Title Agency
Steele Jeffrey $120,000 Gahanna Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Champion Properties Llc $302,700
Previous Owner Steele Jeffrey $217,000
Previous Owner Steele Jeffrey $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $382,500 +2.0% $138 / Sq Ft
08/02/2021 08/02/21 For Sale $375,000 -- $136 / 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 $5,677 $82,890 $33,080 $49,810
2023 $3,751 $82,880 $33,075 $49,805
2022 $1,711 $32,200 $5,740 $26,460
2021 $1,714 $32,200 $5,740 $26,460
2020 $0 $32,200 $5,740 $26,460
2019 $0 $28,010 $5,010 $23,000
2018 $0 $28,010 $5,010 $23,000
2017 $0 $28,010 $5,010 $23,000
2016 $0 $28,010 $5,010 $23,000
2015 -- $28,010 $5,010 $23,000
2014 -- $28,010 $5,010 $23,000
2013 -- $28,000 $5,005 $22,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221029533

Columbus and Central Ohio Regional MLS

APN: 010-013615