NOT LISTED FOR SALE

837 Derrer Rd Unit 839 Columbus, OH 43204

Holly Hill Neighborhood

Estimated Value: $203,067 - $236,000

5 Beds
2 Baths
1,667 Sq Ft
$130/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $40,000 $24 Per Sq Ft

Est. 443% increase in value since last sale

Current estimated payment $1,398/month

112 Days on Market

About This Home

As of August 2014

Positive cash flow! 100% Occupancy! Great double that is located near Hollywood Casino. Both units occupied with long term tenant in 837, NO deferred maintenance and maintenance free exterior, turn key property. Gross rent $1050 and all rents up to date.

Last Agent to Sell the Property

Joan Elfein

Ohio Broker Direct, LLC License #386319 Listed on: 07/21/2014

Last Buyer's Agent

Lori Huff

Keller Williams Consultants License #2006007396

Keller Williams Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,970

Home Design

  • 1,667 Sq Ft Home
  • Duplex

Parking

  • 3 Parking Spaces
  • Off-Street Parking: 1
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 6,970 Sq Ft Lot

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 140-004926

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $750
  • Maintenance Expense $1,535
  • Water Sewer Expense $200
  • Operating Expense $4,185
  • Gross Income $12,000
  • Net Operating Income $7,815

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1954
  • Tax Year: 2013
  • Property Sub-Type: Twin Single
  • Lot Size Acres: 0.16
  • Total Gross Income: 12000.0
  • Co List Office Phone: 614-989-7215
  • MLS Status: Closed
  • Income Expenses Gross Income: 12000.0
  • Annual Expenses: 4185.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1667.0
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 3.0
  • Parking Features Assigned2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 200.0

Schools

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

Lot Info

  • Parcel Number: 140-004926
  • Lot Size Sq Ft: 6969.6

Rental Info

  • Owner Pays: Sewer

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 750.0
  • Maintenance Expense: 1535.0
  • Net Operating Income: 7815.0
  • Annual Operating Expense: 4185.0

Tax Info

  • Tax Annual Amount: 1701.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Ludwig and Lori
Bought by
Homes By Red Door Ltd
Current Estimated Value
$217,267

Purchase Details

Closed on
Jan 20, 2022
Sold by
Homes By Red Door Ltd
Bought by
Ludwig Brett and Ludwig Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2022
Sold by
Homes By Red Door Ltd
Bought by
Ludwig Brett and Ludwig Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 29, 2014
Sold by
Sun Properties Of Columbus And Ohio Llc
Bought by
Homes By Red Door Ltd
Seller's Agent
Joan Elfein
Ohio Broker Direct, LLC
Buyer's Agent
Lori Huff
Keller Williams Consultants
List Price
$49,000
Sold Price
$40,000
Premium/Discount to List
-$9,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%

Purchase Details

Closed on
Nov 17, 2003
Sold by
Prichard Herbert L and Prichard Lois B
Bought by
Sun Properties Of Columbus & Ohio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,665
Interest Rate
6.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 1984
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
Homes By Red Door Ltd -- New Title Company Name
Ludwig Brett -- Associates Title
Ludwig Brett -- Associates Title
Homes By Red Door Ltd $40,000 Landsel Title Agncey Inc
Sun Properties Of Columbus & Ohio Llc $64,000 --
-- $16,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ludwig Brett $90,000
Previous Owner Sun Properties Of Columbus & Ohio Llc $53,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $40,000 -18.4% $24 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $49,000 -- $29 / 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 $3,013 $57,790 $13,830 $43,960
2023 $2,998 $57,785 $13,825 $43,960
2022 $2,159 $28,630 $6,580 $22,050
2021 $2,054 $28,630 $6,580 $22,050
2020 $2,051 $28,630 $6,580 $22,050
2019 $1,908 $23,880 $5,500 $18,380
2018 $1,687 $23,880 $5,500 $18,380
2017 $1,737 $23,880 $5,500 $18,380
2016 $1,582 $18,700 $4,100 $14,600
2015 $1,472 $18,700 $4,100 $14,600
2014 $1,473 $18,700 $4,100 $14,600
2013 $850 $21,980 $4,830 $17,150
Source: Public Records

Agents Affiliated with this Home

  • Joan Elfein

    Seller's Agent in 2014

    Joan Elfein

    Ohio Broker Direct, LLC

    (614) 989-7215

    2 in this area

    1,649 Total Sales

    Joan Elfein
    Section Image
  • Lori Huff

    Buyer's Agent in 2014

    Lori Huff

    Keller Williams Consultants

    (866) 557-7677

    60 Total Sales

    Lori Huff
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214022166

Columbus and Central Ohio Regional MLS

APN: 140-004926

Ohio Franklin County Columbus 43204 Holly Hill

837 Derrer Rd Unit 839, Columbus, OH

This home is located at 837 Derrer Rd Unit 839, Columbus, OH 43204 since 21 July 2014 and is currently estimated at $217,267, approximately $130 per square foot. This property was built in 1954. 837 Derrer Rd Unit 839 is a home located in Franklin County with nearby schools including West Franklin Elementary School, Franklin Woods Intermediate School, and Finland Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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