NOT LISTED FOR SALE

777 W Rich St Unit 779 Columbus, OH 43222

Franklinton Neighborhood

Estimated Value: $206,000 - $313,000

4 Beds
2 Baths
1,986 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $300,000 $151 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,652/month

18 Days on Market

About This Home

As of September 2024

Great opportunity to buy a high cash flowing property in Franklinton. 777 side has a long term tenant (over four years) paying $1,100 per month while 779 is setup as AirBnb with an average income of $1,805 per month. All furniture on the AirBnb is included.

Each unit has newer windows, furnace, hot water tank, central air, kitchen appliances and washer/dryer

Kitchen and baths in both units remodeled in 2017. Furnaces installed in 2018. Windows and central air installed in 2020. Hot water tanks in 2021 and 2023

Last Agent to Sell the Property

Brett Gregory

Real Estate Opportunity License #2023001914 Listed on: 08/02/2024

Last Buyer's Agent

Shane Coy

NextHome Experience License #2015004012

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1915

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 1,986 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 010-054054

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,014
  • Gross Income $34,860
  • Net Operating Income $20,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,434

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Total Gross Income: 34860.0
  • Co List Office Phone: 614-924-0410
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 155.59
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 34860.0
  • Annual Expenses: 14014.0
  • General Property Info Building Sq Ft: 1986.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-054054
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 20846.0
  • Annual Operating Expense: 14014.0

Tax Info

  • Tax Annual Amount: 3434.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Sep 19, 2024
Sold by
Larrimer Patrick and Davis Francis
Bought by
Doktycz Richard and Regier Adam
Seller's Agent
Brett Gregory
Real Estate Opportunity
Buyer's Agent
Shane Coy
NextHome Experience
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%
Views
13
Current Estimated Value
$258,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,047
Avg. Annual Appreciation
-11.63%
Original Mortgage
$225,000
Outstanding Balance
$222,471
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$36,482

Purchase Details

Listed on
Aug 2, 2024
Closed on
Aug 4, 2024
Sold by
Frank Bottoms Llc
Bought by
Larrimer Patrick and Davis Francis
Seller's Agent
Brett Gregory
Real Estate Opportunity
Buyer's Agent
Shane Coy
NextHome Experience
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$222,471
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$36,482

Purchase Details

Closed on
Apr 12, 2024
Sold by
Larrimer Patrick and Davis Francis
Bought by
Frank Bottoms Llc

Purchase Details

Closed on
Jan 24, 2018
Sold by
Frank Bottoms Llc
Bought by
Larrimer Patrick and Davis Francis

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 1, 2016
Sold by
Patriarch Investments Llc
Bought by
Frank Bottoms Llc
Seller's Agent
Christopher Simpson
Parker Realty Associates
Buyer's Agent
Christopher Simpson
Parker Realty Associates
List Price
$49,000
Sold Price
$47,000
Premium/Discount to List
-$2,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.81%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Greetone Dwallings Llc
Bought by
Patriarch Investments Llc

Purchase Details

Closed on
May 17, 2011
Sold by
Indigo Equities Llc
Bought by
Greenstone Dwellings Llc

Purchase Details

Closed on
May 2, 2007
Sold by
The Stillwater Asset Backed Fund Lp
Bought by
Indigo Equities Llc

Purchase Details

Closed on
Jul 20, 2005
Sold by
Speer Richard E
Bought by
Stillwater Asset Backed Fund Ltd

Purchase Details

Closed on
Jul 20, 2004
Sold by
Burger Gary
Bought by
Speer Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 1995
Sold by
Fields Lawrence B
Bought by
Burger Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
8.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Doktycz Richard $300,000 Heart Of Gold Title
Larrimer Patrick -- None Listed On Document
Frank Bottoms Llc -- Heart Of Gold Title
Larrimer Patrick -- Peak Title
Frank Bottoms Llc $47,000 Chase Title & Escrow Service
Patriarch Investments Llc $134,400 None Available
Greenstone Dwellings Llc $58,500 None Available
Indigo Equities Llc -- Title First
Stillwater Asset Backed Fund Ltd -- World Class
Speer Richard E $30,000 Worthington
Burger Gary $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doktycz Richard $225,000
Previous Owner Speer Richard E $54,600
Previous Owner Burger Gary $17,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $300,000 -2.9% $151 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $309,000 +557.4% $156 / Sq Ft
06/30/2016 06/30/16 Sold $47,000 -4.1% $24 / Sq Ft View Prior Sale
06/03/2016 06/03/16 For Sale $49,000 -- $25 / 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 $3,478 $75,890 $15,580 $60,310
2023 $3,434 $75,890 $15,580 $60,310
2022 $943 $17,750 $1,230 $16,520
2021 $945 $17,750 $1,230 $16,520
2020 $946 $17,750 $1,230 $16,520
2019 $919 $14,780 $1,020 $13,760
2018 $757 $14,780 $1,020 $13,760
2017 $969 $14,780 $1,020 $13,760
2016 $654 $9,630 $950 $8,680
2015 $596 $9,630 $950 $8,680
2014 $597 $9,630 $950 $8,680
2013 $327 $10,675 $1,050 $9,625
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brett Gregory

    Real Estate Opportunity

    1 in this area

    3 Total Sales

    Brett Gregory
    Section Image

  • S

    Buyer's Agent in 2024

    Shane Coy

    NextHome Experience

    Section Image

  • C

    Seller's Agent in 2016

    Christopher Simpson

    Parker Realty Associates

    (614) 753-3343

    19 Total Sales

    Christopher Simpson
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Brian Munk

    Parker Realty Associates

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224026952

Columbus and Central Ohio Regional MLS

APN: 010-054054

Ohio Franklin County Columbus 43222 Franklinton

777 W Rich St Unit 779, Columbus, OH

Not Listed for Sale

MultiFamily

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