NOT LISTED FOR SALE

85 E Kossuth St Unit 87 Columbus, OH 43206

German Village Neighborhood

Estimated Value: $332,000 - $851,290

4 Beds
4 Baths
2,863 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $655,000 $229 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,432/month

91 Days on Market

About This Home

As of February 2021

Great opportunity to add this gem to your portfolio. Unique 1BR duplex and 2BR 2BA cape cod single family on the same parcel. Cape known as 823 S Third has been significantly updated in the last year and was a mess when this buyer purchased. Last owner had in the family for 58 years and this owner intended to hold this for the long term but their business focus has changed is the only reason their selling. Very prime location, all 3 units are leased on 2 year leases from May 2020. 4 blocks from Schiller Park, great access to restaurants, shops and all of German Village attractions, and very close to downtown Columbus.

Last Agent to Sell the Property

Mark Neff

New Albany Realty, LTD License #343467 Listed on: 11/23/2020

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,991

Year Built

  • Built in 1900

Lot Details

  • 3,049

Parking

  • On-Street Parking

Home Design

  • 2,863 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 3,049 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-019605

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Operating Expense $14,990
  • Gross Income $50,400
  • Net Operating Income $35,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,991

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.07
  • Total Gross Income: 50400.0
  • Co List Office Phone: 614-939-8900
  • MLS Status: Closed
  • Subdivision Name: German Village
  • Income Expenses Gross Income: 50400.0
  • Annual Expenses: 14990.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2863.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Security System3: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-019605
  • Lot Size Sq Ft: 3049.2
  • Zoning Description: RES

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 35410.0
  • Annual Operating Expense: 14990.0

Tax Info

  • Tax Annual Amount: 8991.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 25, 2021
Sold by
Kjlo Properties Llc
Bought by
Dunsmoor Properties Llc
Seller's Agent
Mark Neff
New Albany Realty, LTD
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$670,000
Sold Price
$655,000
Premium/Discount to List
-$15,000
-2.24%
Current Estimated Value
$637,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,570
Avg. Annual Appreciation
2.45%
Original Mortgage
$500,000
Outstanding Balance
$440,281
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$289,993

Purchase Details

Listed on
Jun 14, 2019
Closed on
Oct 28, 2019
Sold by
Lamb Hardin Susanne and Hardin Kent C
Bought by
Kjlo Properties Llc
Seller's Agent
Amanda Roderick
Key Realty
Buyer's Agent
Mark Neff
New Albany Realty, LTD
List Price
$619,900
Sold Price
$515,000
Premium/Discount to List
-$104,900
-16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.98%
Original Mortgage
$412,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2009
Sold by
Lamb Donald L
Bought by
Lamb Hardin Susanne

Purchase Details

Closed on
Nov 19, 1992
Bought by
Lamb Sara A Tr

Purchase Details

Closed on
Nov 18, 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
Dunsmoor Properties Llc $655,000 Stewart Title
Kjlo Properties Llc $515,000 Peak Title Box
Lamb Hardin Susanne -- Attorney
Lamb Sara A Tr -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunsmoor Properties Llc $500,000
Previous Owner Kjlo Properties Llc $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $655,000 -2.2% $229 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $670,000 +30.1% $234 / Sq Ft
11/01/2019 11/01/19 Sold $515,000 -6.3% $180 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $549,900 -6.8% $192 / Sq Ft
07/29/2019 07/29/19 Price Changed $589,900 -4.8% $206 / Sq Ft
06/14/2019 06/14/19 For Sale $619,900 -- $217 / 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 $11,509 $251,130 $96,950 $154,180
2023 $11,515 $251,125 $96,950 $154,175
2022 $27,500 $244,760 $48,690 $196,070
2021 $13,030 $244,760 $48,690 $196,070
2020 $13,050 $244,760 $48,690 $196,070
2019 $8,991 $144,590 $42,350 $102,240
2018 $7,916 $144,590 $42,350 $102,240
2017 $8,260 $144,590 $42,350 $102,240
2016 $7,531 $110,850 $35,210 $75,640
2015 $6,856 $110,850 $35,210 $75,640
2014 $6,873 $110,850 $35,210 $75,640
2013 $3,228 $105,560 $33,530 $72,030
Source: Public Records

Agents Affiliated with this Home

  • Mark Neff

    Seller's Agent in 2021

    Mark Neff

    New Albany Realty, LTD

    (614) 939-8929

    5 in this area

    283 Total Sales

    Mark Neff
    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    NON MEMBER OFFICE

  • A

    Seller's Agent in 2019

    Amanda Roderick

    Key Realty

    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220041220

Columbus and Central Ohio Regional MLS

APN: 010-019605

Ohio Franklin County Columbus 43206 German Village

85 E Kossuth St Unit 87, Columbus, OH

This home is located at 85 E Kossuth St Unit 87, Columbus, OH 43206 since 23 November 2020 and is currently estimated at $637,430, approximately $222 per square foot. This property was built in 1900. 85 E Kossuth St Unit 87 is a home located in Franklin County with nearby schools including Stewart Alternative Elementary School @ Beck Elementary School, South High School, and South Columbus Preparatory Academy.

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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