NOT LISTED FOR SALE

Estimated Value: $208,000 - $241,000

5 Beds
2 Baths
1,667 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $251,100 $151 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,573/month

3 Days on Market

About This Home

As of June 2022

''Multiple Offers Received'', Highest and Best due 5PM, Friday, May 13th!! RARE opportunity for a fully renovated, turn-key, ranch 3BR/2BR duplex in Southwestern Schools! Completely remodeled in 2018 with new kitchens, baths, flooring, light fixtures, siding, and more! Both units have desirable open-concept floor plans, newer HVAC systems, and central air. Large lot with separately privacy-fenced back yards with storage sheds. Situated in a quiet neighborhood close to schools and highways. Units currently rented for $1245/mo and $845/mo with tenants paying all utilities. Low maintenance, insurance, and taxes plus almost $2100 per month in gross rents mean this property offers great cash flow from day one. Hurry! Photos are from prior to tenants' occupancies. Please read A2A Remarks

Last Listed By

Marty Anders

Red 1 Realty License #428330 Listed on: 05/11/2022

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1954

Lot Details

  • 9,583

Home Design

  • 1,667 Sq Ft Home
  • Duplex
  • Vinyl Siding

Additional Features

  • 9,583 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 140-004905

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,823
  • Gross Income $25,080
  • Net Operating Income $22,257

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,984

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1954
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.22
  • Total Gross Income: 25080.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Subdivision Name: Rosary
  • Income Expenses Gross Income: 25080.0
  • Annual Expenses: 2823.0
  • General Property Info Building Sq Ft: 1667.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 140-004905
  • Lot Size Sq Ft: 9583.2
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 22257.0
  • Annual Operating Expense: 2823.0

Tax Info

  • Tax Annual Amount: 1984.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
May 27, 2022
Sold by
Zwaap and Rebecca
Bought by
Christie Tiffany
Seller's Agent
Marty Anders
Red 1 Realty
Buyer's Agent
Rhonda Cox
KW Classic Properties Realty
List Price
$229,900
Sold Price
$251,100
Premium/Discount to List
$21,200
9.22%
Total Days on Market
3
Current Estimated Value
$225,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,868
Avg. Annual Appreciation
-3.56%
Original Mortgage
$169,575
Outstanding Balance
$162,710
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$63,092

Purchase Details

Closed on
Apr 27, 2017
Sold by
Carr Kevin P and Jayne Carr R
Bought by
Bertino Joseph and Mason Amanda

Purchase Details

Closed on
Jan 25, 2008
Sold by
Hammel John M and Hammel Nisha M
Bought by
Carr Kevin P and Jayne Carr R

Purchase Details

Closed on
Jan 15, 1999
Sold by
Hammel John R and Hammel Harriett S
Bought by
Hammel John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
7.29%

Purchase Details

Closed on
Dec 11, 1998
Sold by
Hammel John R and Hammel Harriet S
Bought by
Hammel John R and Hammel Harriet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,400
Interest Rate
7.29%

Purchase Details

Closed on
Jul 26, 1967
Bought by
Hammel John R and Hammel Harriet S

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
Christie Tiffany $251,000 World Class Title
Bertino Joseph $43,500 First Ohio Title Insurance
Carr Kevin P $70,500 Attorney
Hammel John M -- Buckeye Land Title
Hammel John R -- Foundation Title Agency Inc
Hammel John R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christie Tiffany $169,575
Previous Owner Hammel John M $60,000
Previous Owner Hammel John M $60,400
Previous Owner Hammel John R $49,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $251,100 +9.2% $151 / Sq Ft
05/11/2022 05/11/22 For Sale $229,900 -- $138 / 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 $3,814 $73,150 $15,470 $57,680
2023 $3,795 $73,150 $15,470 $57,680
2022 $2,085 $27,650 $9,030 $18,620
2021 $1,984 $27,650 $9,030 $18,620
2020 $1,981 $27,650 $9,030 $18,620
2019 $1,841 $23,040 $7,530 $15,510
2018 $1,671 $23,040 $7,530 $15,510
2017 $1,825 $23,040 $7,530 $15,510
2016 $1,620 $19,150 $4,800 $14,350
2015 $1,507 $19,150 $4,800 $14,350
2014 $1,508 $19,150 $4,800 $14,350
2013 $871 $22,505 $5,635 $16,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222015793

Columbus and Central Ohio Regional MLS

APN: 140-004905