NOT LISTED FOR SALE

848 Murray Ave Unit 850 Columbus, OH 43219

Shepard Neighborhood

Estimated Value: $144,000 - $217,000

2 Beds
2 Baths
1,172 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 06, 2018

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

Est. 238% increase in value since last sale

Current estimated payment $1,024/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 Agent to Sell the Property

Peter O'Rourke

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

Last Buyer's Agent

Nicole Yoder-Barnhart

Howard Hanna Real Estate Serv License #406627

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
  • Location Property Info List PriceSqFt: 46.93
  • Remarks Misc Hot Sheet Comments: new
  • 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
Current Estimated Value
$167,141

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
17.56%
Original Mortgage
$36,000
Outstanding Balance
$31,134
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$136,007

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
Source: Public Records
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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 List to Sale Price per Sq Ft
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