NOT LISTED FOR SALE

84 Derrer Rd Unit 86 Columbus, OH 43204

Westgate Neighborhood

Estimated Value: $224,000 - $291,336

6 Beds
2 Baths
2,352 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $75,000 $32 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $1,674/month

197 Days on Market

About This Home

As of December 2019

Cash flow positive investment property in beautifully evolving Westgate Park neighborhood of West Columbus. Long term tenants in both units. Updated unit rents month-to-month for $700 and second units rents month-to-month for $650. This is a real gem with potential for continued positive cash flow with a new owner.

Last Agent to Sell the Property

Alexander Buchner

Delicious Real Estate Group License #2015002857 Listed on: 09/09/2019

Last Buyer's Agent

Gerardo Figueroa

Mi Casa Group Realty LLC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,352 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 010-078716

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,200
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1913
  • Tax Year: 2017
  • Lot Size Acres: 0.14
  • Total Gross Income: 16200.0
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Subdivision Name: Westgate Park
  • Income Expenses Gross Income: 16200.0
  • General Property Info Building Sq Ft: 2352.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-078716
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 16200.0

Tax Info

  • Tax Annual Amount: 2855.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Dec 5, 2019
Sold by
Gable Brian T and Gable Jennifer Jennifer
Bought by
Fortunata Cruz
Seller's Agent
Alexander Buchner
Delicious Real Estate Group
Buyer's Agent
Gerardo Figueroa
Mi Casa Group Realty LLC.
List Price
$88,000
Sold Price
$75,000
Premium/Discount to List
-$13,000
-14.77%
Current Estimated Value
$254,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,834
Avg. Annual Appreciation
23.16%

Purchase Details

Closed on
Nov 3, 2006
Sold by
Burnett Matthew W
Bought by
Gable Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
9.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 14, 2000
Sold by
Birmingham Bancorp Mtg Corp
Bought by
Dempsey Patrick M and Burnett Matthew W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,393
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1999
Sold by
Dalberto Donato
Bought by
Birmingham Bancorp Mtg Corp

Purchase Details

Closed on
Oct 9, 1997
Sold by
Worthington Property Management Inc
Bought by
Dalberto Donato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.65%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Columbus Housing Partnership Inc
Bought by
Worthington Property Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
7.65%

Purchase Details

Closed on
Dec 29, 1992
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
Fortunata Cruz $75,000 Essential Title Partners
Gable Brian T $103,000 Valmer
Dempsey Patrick M $77,000 Esquire Title
Birmingham Bancorp Mtg Corp -- --
Dalberto Donato $78,000 Capital Title
Worthington Property Management Inc $45,000 Capital Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gable Brian T $103,000
Previous Owner Burnett Matthew W $99,750
Previous Owner Burnett Matthew W $94,125
Previous Owner Dempsey Patrick M $98,393
Previous Owner Dalberto Donato $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $75,000 -14.8% $32 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
09/09/2019 09/09/19 For Sale $88,000 0.0% $37 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $88,000 -26.6% $37 / Sq Ft
06/18/2019 06/18/19 For Sale $119,900 0.0% $51 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $119,900 -4.0% $51 / Sq Ft
04/18/2019 04/18/19 For Sale $124,900 -- $53 / 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 $3,936 $85,890 $22,540 $63,350
2023 $4,037 $85,890 $22,540 $63,350
2022 $1,546 $26,260 $10,610 $15,650
2021 $1,548 $26,260 $10,610 $15,650
2020 $1,550 $26,260 $10,610 $15,650
2019 $2,956 $45,120 $10,610 $34,510
2018 $2,359 $45,120 $10,610 $34,510
2017 $2,855 $45,120 $10,610 $34,510
2016 $1,936 $27,760 $6,690 $21,070
2015 $1,767 $27,760 $6,690 $21,070
2014 $1,721 $27,760 $6,690 $21,070
2013 $944 $29,225 $7,035 $22,190
Source: Public Records

Agents Affiliated with this Home

  • Alexander Buchner

    Seller's Agent in 2019

    Alexander Buchner

    Delicious Real Estate Group

    (202) 415-5206

    1 in this area

    55 Total Sales

    Alexander Buchner
    Section Image

  • G

    Buyer's Agent in 2019

    Gerardo Figueroa

    Mi Casa Group Realty LLC.

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219012283

Columbus and Central Ohio Regional MLS

APN: 010-078716

Ohio Franklin County Columbus 43204 Westgate

84 Derrer Rd Unit 86, Columbus, OH

This home is located at 84 Derrer Rd Unit 86, Columbus, OH 43204 since 09 September 2019 and is currently estimated at $254,834, approximately $108 per square foot. This property was built in 1913. 84 Derrer Rd Unit 86 is a home located in Franklin County with nearby schools including Westgate Alternative Elementary School, Westmoor Middle School, and West High School.

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