NOT LISTED FOR SALE

7561 Pickett Ln Unit 563 Columbus, OH 43235

Summerwood Neighborhood

Estimated Value: $475,000 - $502,698

5 Beds
4 Baths
2,480 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $345,000 $139 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,325/month

92 Days on Market

Highlights

  • 0.45 Acre Lot
  • Granby Elementary School Rated A-
  • Attached Garage

About This Home

As of December 2020

Luxuriously updated units with finished basements. roof 2005, each side includes one car garage, washer /dryer, stove, dishwasher and refrigerator and one unit with microwave.
Unit 7561 is 2 spacious bedrooms with huge walking closet, 2.5 bathrooms, stainless appliances 2018, stone top luxury bathroom vanities, finished lower level. most flooring replaced in 2016. Luxuriously undated bathrooms, HVAC 2016, spacious yard.
Unit 7563 is 3 bedroom 2.5 bath, finished lower level, new white appliances, shed fenced yard.
Flooring includes wood laminate, ceramic tile, carpet - all replaced within the last 6 years.
Located on a quiet cut-de-sac in Worthington Schools. Curb offers only. Please do not disturb tenants.

Last Agent to Sell the Property

Wendy Stahanczyk

Cutler Real Estate License #2002006580 Listed on: 08/31/2020

Cutler Real Estate

Last Buyer's Agent

Sahar Shalash

LRG Realty License #2017003817

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,421

Year Built

  • Built in 1983

Lot Details

  • 0.45

Home Design

  • 2,480 Sq Ft Home
  • Duplex

Parking

  • Attached Garage
  • Off-Street Parking: 1

Additional Features

  • Washer and Dryer Hookup
  • 0.45 Acre Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 610-179899

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,500
  • Gross Income $30,000
  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,421

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1983
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.45
  • Total Gross Income: 30000.0
  • Co List Office Phone: 614-339-4664
  • MLS Status: Closed
  • Income Expenses Gross Income: 30000.0
  • Annual Expenses: 1500.0
  • General Property Info Building Sq Ft: 2480.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features 1 Car Garage2: Yes
  • Parking Features Attached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 610-179899
  • Lot Size Sq Ft: 19602.0
  • Additional Parcels Description: 2 units - one parcel number.

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 28500.0
  • Annual Operating Expense: 1500.0

Tax Info

  • Tax Annual Amount: 5421.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Dec 3, 2020
Sold by
Bhardwaj Tara I
Bought by
P & E Picket Llc
Seller's Agent
Wendy Stahanczyk
Cutler Real Estate
Buyer's Agent
Sahar Shalash
LRG Realty
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$492,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,425
Avg. Annual Appreciation
6.90%
Original Mortgage
$250,000
Outstanding Balance
$151,921
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$322,666

Purchase Details

Closed on
Nov 10, 2014
Sold by
Smith John R and Smith Elizabeth
Bought by
Bhardwaj Tara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,576
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2008
Sold by
Smith Heidi A
Bought by
Smith John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2004
Sold by
Schuler Ronald R and Schuler Renae C
Bought by
Smith John R and Smith Heidi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Loring Kevin L
Bought by
Schuler Ronald R and Schuler Renae C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.18%
Mortgage Type
VA

Purchase Details

Closed on
Jan 5, 1994
Bought by
Loring Kevin L

Purchase Details

Closed on
Jun 2, 1992

Purchase Details

Closed on
Sep 1, 1983
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
P & E Picket Llc $345,000 Crown Search Services Ltd
Bhardwaj Tara L $189,000 None Available
Smith John R -- Talon Group
Smith John R $195,000 Stewart T
Schuler Ronald R $150,000 Title First Agency Inc
Loring Kevin L $113,000 --
-- -- --
-- $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open P & E Picket Llc $250,000
Previous Owner Bhardwaj Tara L $185,576
Previous Owner Smith John R $184,000
Previous Owner Smith John R $156,000
Previous Owner Schuler Ronald R $153,000
Closed Smith John R $38,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $345,000 0.0% $139 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $345,000 -- $139 / 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 $8,576 $137,000 $23,910 $113,090
2023 $8,208 $136,990 $23,905 $113,085
2022 $9,121 $120,750 $22,330 $98,420
2021 $7,221 $103,150 $22,330 $80,820
2020 $5,870 $88,240 $22,330 $65,910
2019 $5,421 $73,510 $18,590 $54,920
2018 $4,896 $73,510 $18,590 $54,920
2017 $4,866 $73,510 $18,590 $54,920
2016 $4,487 $62,340 $19,740 $42,600
2015 $4,538 $62,340 $19,740 $42,600
2014 $4,548 $62,340 $19,740 $42,600
2013 $2,265 $62,335 $19,740 $42,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220030107

Columbus and Central Ohio Regional MLS

APN: 610-179899