NOT LISTED FOR SALE

7332 Bride Water Blvd Unit EJ Columbus, OH 43235

Brookside Village Neighborhood

Estimated Value: $189,000 - $594,000

2 Beds
2 Baths
1,024 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $370,500 $362 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,154/month

70 Days on Market

About This Home

As of December 2016

Fully Stabilized, 100 % occupied, Six unit TWO Story townhouse rental community, with 2 bedrooms, 1.5 baths, full basements for each unit. Fenced in Patio in rear. Each Unit is 1024 SF living space. Entire Building is 6144 SF of living space.
Cap Rate is 9.2, and Gross rent Multiplier is 7.6 Roof was replaced in 2010. Parking is 2 spaces in front of each unit. Owner pays for water/sewer

Last Listed By

David Nauman

KW Classic Properties Realty License #2007003935 Listed on: 10/04/2016

KW Classic Properties Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1981

Lot Details

  • 523

Home Design

  • 1,024 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Parking

  • 12 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well

Additional Features

  • Washer and Dryer Hookup
  • Additional Parcels
  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 610-190527

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $2,645
  • Maintenance Expense $2,552
  • Water Sewer Expense $3,818
  • Operating Expense $15,300
  • Gross Income $51,180
  • Net Operating Income $35,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,022

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1981
  • Tax Year: 2015
  • Property Sub-Type: Townhouse
  • Total Gross Income: 51180.0
  • Co List Office Phone: 614-451-8500
  • MLS Status: Closed
  • Subdivision Name: Fall Creek Townhouses
  • Income Expenses Gross Income: 51180.0
  • Annual Expenses: 15300.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1024.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Water Source: Well
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 600.0

Fee Information

  • Annual Water Sewer Expense: 3818.0

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 610-190527
  • Additional Parcels Description: 610-190528-00 610-190529-00 610-190530-00 610-190531-00 610-190532-00
  • Additional Parcels: Yes
  • Zoning Description: Commercial

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Insurance Expense: 2645.0
  • Maintenance Expense: 2552.0
  • Net Operating Income: 35880.0
  • Annual Operating Expense: 15300.0

Tax Info

  • Tax Annual Amount: 1022.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2005
Sold by
Kenmore Realty Llc
Bought by
First Worthington Llc
Total Days on Market
70
Current Estimated Value
$314,254

Purchase Details

Closed on
Nov 30, 1982
Bought by
Kenmore Realty Co

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
First Worthington Llc $324,000 Hummel
Kenmore Realty Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Osu 344 E 13Th Llc $260,693
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $370,500 -4.8% $362 / Sq Ft
11/27/2016 11/27/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $389,000 -- $380 / 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 $4,837 $52,260 $7,000 $45,260
2023 $3,131 $52,255 $7,000 $45,255
2022 $2,744 $24,850 $3,220 $21,630
2021 $1,735 $24,850 $3,220 $21,630
2020 $1,672 $24,850 $3,220 $21,630
2019 $1,612 $21,600 $2,800 $18,800
2018 $1,364 $15,930 $2,800 $13,130
2017 $1,069 $15,930 $2,800 $13,130
2016 $1,022 $14,010 $2,910 $11,100
2015 $1,022 $14,010 $2,910 $11,100
2014 $1,022 $14,010 $2,910 $11,100
2013 $509 $14,000 $2,905 $11,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216036072

Columbus and Central Ohio Regional MLS

APN: 610-190527