Seller's Agent in 2021
Mark Neff
New Albany Realty, LTD
(614) 939-8929
5 in this area
300 Total Sales
85 E Kossuth St Unit 87 Columbus, OH 43206
German Village NeighborhoodEstimated Value: $730,274
4
Beds
4
Baths
2,863
Sq Ft
$255/Sq Ft
Est. Value
About This Home
As of February 2021Great 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.
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
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%
Total Days on Market
91
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,274
Avg. Annual Appreciation
4.40%
Original Mortgage
$500,000
Outstanding Balance
$440,281
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$345,149
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
N
Buyer's Agent in 2021
NON MEMBER
NON MEMBER OFFICE
-
Seller's Agent in 2019
Amanda Roderick
Key Realty
(614) 323-4020
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 220041220
APN: 010-019605
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Information is deemed reliable but not guaranteed.
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