NOT LISTED FOR SALE

722 Racine Ave Unit 724 Columbus, OH 43204

South Central Hilltop Neighborhood

Estimated Value: $169,000 - $190,000

4 Beds
2 Baths
1,601 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 22, 2018

Last sale price $99,000 $62 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,176/month

6 Days on Market

About This Home

As of March 2018

Professionally remodeled duplex. Completely redone from top to bottom. Upgrades include new light fixtures, and ceiling fans in all bedrooms. All new kitchens featuring new cabinets, countertops and ceramic tile backsplash. New Baths, refinished hardwood floors throughout. New roof, newer Rosatti vinyl replacement windows, new gutters. Both units have full basements which feature new furnaces, hot water tanks, and new main electric panels. Fresh paint inside and out. Fenced backyard. Large 2 car detached block garage with new doors and openers.

Last Listed By

dave luttinger

Berkshire Hathaway HS Plus Rea License #2002011228 Listed on: 01/11/2018

Berkshire Hathaway HS Plus Rea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 1,601 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-068403

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,500
  • Gross Income $18,000
  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,140

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1948
  • Lot Size Acres: 0.12
  • Total Gross Income: 18000.0
  • Co List Office Phone: 614-880-2800
  • MLS Status: Closed
  • Subdivision Name: Wilshire Heights
  • Income Expenses Gross Income: 18000.0
  • Annual Expenses: 1500.0
  • General Property Info Building Sq Ft: 1601.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-068403
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1500.0
  • Annual Operating Expense: 1500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2021
Sold by
Pelegrin Cristina A
Bought by
Pelegrin Cristian
Total Days on Market
6
Current Estimated Value
$179,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Outstanding Balance
$94,330
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$84,049

Purchase Details

Listed on
Jan 11, 2018
Closed on
Mar 22, 2018
Sold by
Luttinger David A
Bought by
Pelegrin Christian and Pelegrin Cristina A
Seller's Agent
dave luttinger
Berkshire Hathaway HS Plus Rea
Buyer's Agent
Gerardo Figueroa
Mi Casa Group Realty LLC.
List Price
$99,500
Sold Price
$99,000
Premium/Discount to List
-$500
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$74,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2016
Sold by
City Of Columbus
Bought by
Luttinger David A

Purchase Details

Closed on
Oct 4, 2016
Sold by
Central Ohio Community Improvement Corp
Bought by
City Of Columbus

Purchase Details

Closed on
Sep 30, 1994
Sold by
Thomas David H
Bought by
Watcap Investment Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
8.6%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

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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
Pelegrin Cristian -- Associates Title Inc
Pelegrin Christian $99,000 Title Co Ltd
Luttinger David A $4,500 None Available
City Of Columbus -- None Available
Watcap Investment Co $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelegrin Cristian $103,000
Closed Pelegrin Christian $74,250
Previous Owner Watcap Investment Co $52,500
Previous Owner Watcap Investment Co $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $99,000 -0.5% $62 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $99,500 -- $62 / 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 $2,140 $46,690 $4,760 $41,930
2023 $2,113 $46,690 $4,760 $41,930
2022 $2,078 $39,100 $11,100 $28,000
2021 $2,082 $39,100 $11,100 $28,000
2020 $2,085 $39,100 $11,100 $28,000
2019 $2,027 $32,590 $9,240 $23,350
2018 $616 $19,850 $9,240 $10,610
2017 $40 $19,850 $9,240 $10,610
2016 $0 $19,850 $7,840 $12,010
2015 $286 $19,850 $7,840 $12,010
2014 $1,231 $19,850 $7,840 $12,010
2013 $1,033 $23,345 $9,240 $14,105
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2018

    dave luttinger

    Berkshire Hathaway HS Plus Rea

    21 Total Sales

    dave luttinger
    Section Image

  • G

    Buyer's Agent in 2018

    Gerardo Figueroa

    Mi Casa Group Realty LLC.

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218000790

Columbus and Central Ohio Regional MLS

APN: 010-068403

Ohio Franklin County Columbus 43204 South Central Hilltop

722 Racine Ave Unit 724, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 722 Racine Ave Unit 724, Columbus, OH 43204 since 11 January 2018 and is currently estimated at $179,134, approximately $111 per square foot. This property was built in 1948. 722 Racine Ave Unit 724 is a home located in Franklin County with nearby schools including Burroughs Elementary School, Hilltonia Middle School, and Briggs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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