NOT LISTED FOR SALE
8 Beds
-- Bath
7,224 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: April 12, 2021

Last sale price $1,261,000 $175 Per Sq Ft

140 Days on Market

Highlights

  • 0.29 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to Portal Park

About This Home

As of April 2021

Really awesome all brick 8 unit in great North Campus/South Clintonville location close to High Street and OSU, great access to I-71 and SR 315. Lots of updates in this building in the last year. Six units have had nice updates including baths, kitchens, floors, walls, fixtures, exterior front terrace railings and more. This was purchased for long term hold by current owners and their business plans have changed which is the only reason for selling. Fantastic long term hold for your portfolio. Unit 79 remodel just finished.Only 2 units in original but solid condition. All new windows on order and will be installed prior to closing.

Last Agent to Sell the Property

Mark Neff

New Albany Realty, LTD License #343467 Listed on: 02/23/2021

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,169

Year Built

  • Built in 1920

Lot Details

  • 12,632 Sq Ft Lot

Home Design

  • 7,224 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 8 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-041402

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $42,294
  • Gross Income $111,540
  • Net Operating Income $69,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,169

Year Built

Built in 1920

Lot Details

0.29 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2019
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.29
  • Total Gross Income: 111540.0
  • Co List Office Phone: 614-939-8900
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 179.96
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 111540.0
  • Annual Expenses: 42294.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 7224.0
  • General Property Info # of Buildings: 1.0
  • Heat Fuel Electric4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 8.0
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-041402
  • Lot Size Sq Ft: 12632.4
  • Zoning Description: RES

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 69246.0
  • Annual Operating Expense: 42294.0

Tax Info

  • Tax Annual Amount: 28169.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,007,697
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 12, 2021
Sold by
Bought by
Seller's Agent
Mark Neff
New Albany Realty, LTD
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$1,300,000
Sold Price
$1,261,000
Premium/Discount to List
-$39,000
-3%

Purchase Details

Closed on
Nov 1, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1986
Bought by

Purchase Details

Closed on
May 1, 1977
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 Stewart Title
$1,261,000 Stewart Title
$1,100,000 Valmer Land Title Agency Box
-- Valmer Land
$178,000 --
$69,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,050,000
Previous Owner $880,000
Previous Owner $490,000
Previous Owner $1,335,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $1,261,000 -3.0% $175 / Sq Ft
11/23/2020 11/23/20 For Sale $1,300,000 -- $180 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,917 $187,500 $65,630 $121,870
2022 $33,248 $441,350 $35,000 $406,350
2021 $28,996 $385,000 $35,000 $350,000
2020 $28,797 $385,000 $35,000 $350,000
2019 $12,539 $152,250 $35,000 $117,250
2018 $12,259 $152,250 $35,000 $117,250
2017 $12,735 $152,250 $35,000 $117,250
2016 $12,945 $148,750 $35,000 $113,750
2015 $12,019 $148,750 $35,000 $113,750
2014 $12,013 $148,750 $35,000 $113,750
2013 $5,952 $148,750 $35,000 $113,750
Source: Public Records

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220041218

Columbus and Central Ohio Regional MLS
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