NOT LISTED FOR SALE

773 Fairwood Ave Unit 5 Columbus, OH 43205

Driving Park Neighborhood

Estimated Value: $263,316 - $310,000

6 Beds
2 Baths
2,404 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $261,000 $109 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,905/month

5 Days on Market

About This Home

As of April 2023

Both are 3 bed one bath units. Roof, Siding, Windows, furnace, A/C, Hot water heaters, Flooring, Basic kitchens and baths all done within the last 5 years. Both units rented at 975/month with 3 months and 6 months left on leases.

Last Agent to Sell the Property

Michael Pakizer

Lotus Advisors License #2014000358 Listed on: 03/16/2023

Last Buyer's Agent

Jenne Ross

Rich Russo Realty & Co. License #2017001963

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 2,404 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Sewer

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-047836

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,030
  • Gross Income $23,400
  • Net Operating Income $21,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 23400.0
  • Co List Office Phone: 614-300-7395
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Sewer Private Sewer: Yes
  • Income Expenses Gross Income: 23400.0
  • Annual Expenses: 2030.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2404.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Trash2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Utilities

  • Sewer: Private Sewer, Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047836
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 21370.0
  • Annual Operating Expense: 2030.0

Tax Info

  • Tax Annual Amount: 1130.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 4, 2023
Sold by
Summit Brothers Llc
Bought by
Williams Patricia D
Seller's Agent
Michael Pakizer
Lotus Advisors
Buyer's Agent
Jenne Ross
Rich Russo Realty & Co.
List Price
$239,900
Sold Price
$261,000
Premium/Discount to List
$21,100
8.8%
Total Days on Market
5
Views
43
Current Estimated Value
$286,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,829
Avg. Annual Appreciation
4.49%
Original Mortgage
$195,750
Outstanding Balance
$191,223
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$95,606

Purchase Details

Closed on
Nov 2, 2018
Sold by
Pakizer Michael and Pakizer Bridgette
Bought by
Summit Brothers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2017
Sold by
Fairwood 773 Llc
Bought by
Hagan Ronald J and Franklin County

Purchase Details

Closed on
Apr 20, 2017
Sold by
Hagan Ronald J and Fairwood 773 Llc
Bought by
Pakizer Michael

Purchase Details

Closed on
Feb 15, 2011
Sold by
Romans 1 Properties Llc
Bought by
Fairwood 773 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2010
Sold by
Cox Steven D and Cox Dixie L
Bought by
Romans 1 Properties Llc

Purchase Details

Closed on
Nov 17, 2010
Sold by
Dixon Joann
Bought by
Cox Steven D

Purchase Details

Closed on
Apr 25, 2008
Sold by
Southstar I Llc
Bought by
Dixon Joann

Purchase Details

Closed on
Mar 11, 2008
Sold by
First Franklin Financial Corp
Bought by
Southstar I Llc

Purchase Details

Closed on
Aug 15, 2007
Sold by
Mullins Vicki R and Wells Fargo Bank Na
Bought by
First Franklin Financial Corp

Purchase Details

Closed on
Nov 21, 2005
Sold by
Poulin Mark R and Poulin Lisa A
Bought by
Mullins Vicki R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
8.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 7, 1990
Source: Public Records

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Range of Values:

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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
Williams Patricia D $261,000 World Class Title
Summit Brothers Llc -- World Class Title Agency Of
Hagan Ronald J $25,000 None Available
Pakizer Michael $10,096 None Available
Fairwood 773 Llc -- Hostetler
Romans 1 Properties Llc -- Hostetler
Cox Steven D $5,000 Hostetler
Dixon Joann $5,000 Trinity Tit
Southstar I Llc $34,000 None Available
First Franklin Financial Corp $34,000 None Available
Mullins Vicki R $88,200 Republic T
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Patricia D $195,750
Previous Owner Summit Brothers Llc $130,000
Previous Owner Fairwood 773 Llc $25,000
Previous Owner Mullins Vicki R $88,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $261,000 +8.8% $109 / Sq Ft
03/16/2023 03/16/23 For Sale $239,900 -- $100 / 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 $3,630 $79,210 $10,360 $68,850
2023 $3,220 $71,160 $10,360 $60,800
2022 $1,128 $21,220 $2,700 $18,520
2021 $1,130 $21,220 $2,700 $18,520
2020 $1,131 $21,220 $2,700 $18,520
2019 $1,056 $16,980 $2,170 $14,810
2018 $625 $4,550 $2,170 $2,380
2017 $323 $4,550 $2,170 $2,380
2016 $2,062 $8,300 $3,080 $5,220
2015 $627 $8,300 $3,080 $5,220
2014 $515 $8,300 $3,080 $5,220
2013 $298 $9,730 $3,605 $6,125
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Pakizer

    Lotus Advisors

    (614) 745-6664

    5 in this area

    24 Total Sales

    Michael Pakizer
    Section Image

  • J

    Buyer's Agent in 2023

    Jenne Ross

    Rich Russo Realty & Co.

    (614) 969-8859

    1 in this area

    90 Total Sales

    Jenne Ross
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223006867

Columbus and Central Ohio Regional MLS

APN: 010-047836

Ohio Franklin County Columbus 43205 Driving Park

773 Fairwood Ave Unit 5, Columbus, OH

This home is located at 773 Fairwood Ave Unit 5, Columbus, OH 43205 since 16 March 2023 and is currently estimated at $286,829, approximately $119 per square foot. This property was built in 1925. 773 Fairwood Ave Unit 5 is a home located in Franklin County with nearby schools including Fairwood Alternative Elementary School, South High School, and Capital Collegiate Preparatory Academy.

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