NOT LISTED FOR SALE

848 Murray Ave Unit 850 Columbus, OH 43219

Shepard Neighborhood

Estimated Value: $142,821 - $178,000

2 Beds
2 Baths
1,172 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $49,500 $42 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $1,021/month

54 Days on Market

About This Home

As of July 2018

Two 1-bedroom units on quiet street, both currently rented month-to-month. New exterior paint. Roof replaced 2010, water line repaired 2017 (10-year warranty), new electric service 2016. Ranges and refrigerators in both units go with property. NOTE: Interior pictures are from before the current tenants moved in. Listing agent is owner.

Last Listed By

Peter O'Rourke

Best Homes Real Estate Ltd. License #2009003581 Listed on: 05/11/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1957

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 1,172 Sq Ft Home
  • Duplex
  • Stucco

Utilities

  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-081767

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,229
  • Gross Income $9,000
  • Net Operating Income $6,771

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$634

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1957
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 9000.0
  • Co List Office Phone: 614-870-8893
  • MLS Status: Closed
  • Subdivision Name: Shepard Heights
  • Income Expenses Gross Income: 9000.0
  • Annual Expenses: 2229.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1172.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Utilities

  • Heating:Radiant: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-081767
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 6771.0
  • Annual Operating Expense: 2229.0

Tax Info

  • Tax Annual Amount: 634.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Nicol Evan G
Bought by
Nicol Evan G and Nicol Lindsey
Total Days on Market
54
Current Estimated Value
$156,955

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 8, 2018
Sold by
Rourke Peter J O
Bought by
Nicol Evan G
Seller's Agent
Peter O'Rourke
Best Homes Real Estate Ltd.
Buyer's Agent
Nicole Yoder-Barnhart
Howard Hanna Real Estate Serv
List Price
$55,000
Sold Price
$49,500
Premium/Discount to List
-$5,500
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%
Original Mortgage
$36,000
Outstanding Balance
$31,523
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$113,469

Purchase Details

Closed on
Jan 6, 2010
Sold by
Fannie Mae
Bought by
Orourke Peter J

Purchase Details

Closed on
Dec 14, 2009
Sold by
Dean Dawna K
Bought by
Fanniemae and Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 2004
Sold by
Hodnett Richard
Bought by
Dean Dawna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Green Donald F and Green Brenda
Bought by
Hodnett Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Wells Fargo Bank Minnesota Na
Bought by
Green Donald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2003
Sold by
Jacobs Thomas
Bought by
Wells Fargo Bank Minnesota Na and Amresco Residential Securities Corp Mtg

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
Nicol Evan G -- None Available
Nicol Evan G $49,500 First Ohio Title Insurance
Orourke Peter J $8,500 Ohio Title
Fanniemae $26,000 Attorney
Dean Dawna K $75,000 Capcity Title
Hodnett Richard $45,000 --
Green Donald F $20,500 Amerititle Mill Run
Wells Fargo Bank Minnesota Na $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicol Evan G $36,000
Previous Owner Dean Dawna K $75,000
Previous Owner Hodnett Richard $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $49,500 -10.0% $42 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $55,000 -- $47 / 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 $1,816 $39,620 $7,000 $32,620
2023 $1,793 $39,620 $7,000 $32,620
2022 $623 $11,730 $2,660 $9,070
2021 $624 $11,730 $2,660 $9,070
2020 $625 $11,730 $2,660 $9,070
2019 $634 $10,190 $2,310 $7,880
2018 $651 $10,190 $2,310 $7,880
2017 $634 $10,190 $2,310 $7,880
2016 $735 $10,820 $2,420 $8,400
2015 $669 $10,820 $2,420 $8,400
2014 $671 $10,820 $2,420 $8,400
2013 $369 $12,040 $2,695 $9,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218015859

Columbus and Central Ohio Regional MLS

APN: 010-081767