NOT LISTED FOR SALE

Estimated Value: $208,000 - $216,000

2 Beds
1 Bath
6,144 Sq Ft
$35/Sq Ft Est. Value

Last Sold August 14, 2015

Last sale price $305,000 $50 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $1,454/month

42 Days on Market

About This Home

As of August 2015

Great Investor Occupant opportunity! Rents have room to come up, well maintained investment property, 6 town homes all attached, 2 parking spaces each unit, 2 beds, 1.5 bath per unit, full basement, back patios, Columbus Taxes, and Worthington Schools!

Curb offers only, tenant occupied. See attached Rent Rolls and Disclosures. Some market rent, some section 8. Rents have room to move up.

Last Listed By

Nick DeWitt

List License #2023006543 Listed on: 06/06/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,108

Year Built

  • Built in 1982

Lot Details

  • 479

Parking

  • 12 Parking Spaces

Home Design

  • 6,144 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 610-191594

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $19,149
  • Gross Income $39,701
  • Net Operating Income $20,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,108

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1982
  • Tax Year: 2013
  • Property Sub-Type: Townhouse
  • Total Gross Income: 39701.0
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Subdivision Name: Worthington Schools, Bride Water
  • Income Expenses Gross Income: 39701.0
  • Annual Expenses: 19149.0
  • General Property Info Building Sq Ft: 6144.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 12.0

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 610-191594
  • Additional Parcels Description: 610-191595-00 610-191596-00 610-191597-00 610-191598-00 610-191599-00
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 20552.0
  • Annual Operating Expense: 19149.0

Tax Info

  • Tax Annual Amount: 6108.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2015
Closed on
Aug 14, 2015
Sold by
Stellar Holdings Llc
Bought by
Golden Lion Investments Llc
Seller's Agent
Nick DeWitt
List
Buyer's Agent
Daniel Lim
List
List Price
$379,000
Sold Price
$305,000
Premium/Discount to List
-$74,000
-19.53%
Total Days on Market
42
Current Estimated Value
$212,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,000
Avg. Annual Appreciation
1.29%
Original Mortgage
$244,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2012
Sold by
Tyndall David L
Bought by
Stellar Holdings Llc

Purchase Details

Closed on
Jan 27, 1999
Sold by
Fall Creek Associates
Bought by
Tyndall David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1983
Bought by
Fall Creek Associates

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
Golden Lion Investments Llc $305,000 Attorney
Stellar Holdings Llc -- None Available
Tyndall David L $207,000 Chicago Title
Fall Creek Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7369 Fall Creek Llc $607,000
Closed 7369 Fall Creek Llc $289,600
Closed Golden Lion Investments Llc $244,000
Previous Owner Stellar Holdings Llc $1,438,300
Previous Owner Stellar Holdings Llc $182,500
Previous Owner Tyndall David L $150,000
Previous Owner Tyndall David L $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2015 08/14/15 Sold $305,000 -19.5% $50 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $379,000 -- $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 $3,272 $52,260 $7,000 $45,260
2023 $3,131 $52,260 $7,000 $45,260
2022 $1,829 $24,220 $3,220 $21,000
2021 $1,691 $24,220 $3,220 $21,000
2020 $1,630 $24,220 $3,220 $21,000
2019 $1,573 $21,070 $2,800 $18,270
2018 $1,446 $21,070 $2,800 $18,270
2017 $1,119 $15,930 $2,800 $13,130
2016 $1,298 $17,790 $2,910 $14,880
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: 215015815

Columbus and Central Ohio Regional MLS

APN: 610-191594