$270,000
SOLD MAY 5, 2016

854 Linworth Rd E Unit 856 Columbus, OH 43235

-- Bed
-- Bath
2,495 Sq Ft
0.4 Acres

Recently Sold

$108 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • Attached Garage
  • Central Air
  • Heating Available
  • Bluffsview Elementary School Rated A

About This Home

As of May 2016

This is a 2-unit ranch style double with finished basements and attached garages. One side is a 2Br with a one car garage that rents for $850 and the other side is a 3BR with a 2 car garage that rents for $1195. Tenants pay water. Both sides are currently on 12 month leases. Interior photos coming soon.

Last Agent to Sell the Property

Richard Russo

Art Russo, REALTORS Listed on: 04/18/2016

Co-Listed By

Jennifer Krohn

Art Russo, REALTORS

Last Buyer's Agent

CR ONeil

C. R. O'Neil & Co. License #164821

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,831

Year Built

  • Built in 1975

Home Design

  • Duplex
  • Stucco

Laundry

  • Washer and Dryer Hookup

Parking

  • Attached Garage
  • Side or Rear Entrance to Parking
  • Shared Driveway

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 610-138330-00

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,786
  • Gross Income $24,540
  • Net Operating Income $18,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,831

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1975
  • Property Sub-Type: Duplex
  • Total Gross Income: 24540.0
  • Co List Office Mls Id: 07870
  • Co List Office Phone: 614-236-1178
  • Co List Office Phone: 614-236-1178
  • MLS Status: Closed
  • Income Expenses Gross Income: 24540.0
  • Annual Expenses: 5785.64
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features Shared Driveway2: Yes
  • Parking Features 2 Car Garage2: Yes
  • Parking Features 1 Car Garage2: Yes
  • Parking Features Attached Garage2: Yes
  • Parking Features Side Load2: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 610-138330-00

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 18754.36
  • Annual Operating Expense: 5785.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
May 5, 2016
Sold by
Stanin Capital Llc
Bought by
Shoemaker Gary D and The Donnalu Shoemaker Revocable Trust
Seller's Agent
Richard Russo
Art Russo, REALTORS
Buyer's Agent
CR ONeil
C. R. O'Neil & Co.
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$509,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,005
Avg. Annual Appreciation
6.82%

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 2, 2016
Sold by
Pnc Bank Na
Bought by
Stanin Capital Llc
Seller's Agent
Kelli Hatfield
Realty Executives Decision
Buyer's Agent
Richard Russo
Art Russo, REALTORS
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.83%
Original Mortgage
$168,750
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 14, 2015
Sold by
Cooke Matthew W
Bought by
Pnc Bank Na

Purchase Details

Closed on
Aug 5, 2015
Sold by
Cooke Mattew W
Bought by
Pnc Bank Na

Purchase Details

Closed on
May 20, 2003
Sold by
Davis Francis H
Bought by
Cooke 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
$216,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1992
Bought by
Davis Frances H

Purchase Details

Closed on
Jul 1, 1983
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 First American Title Insuran
Limited Warranty Deed $225,000 Nationallink
Sheriffs Deed $142,000 Attorney
Sheriffs Deed $142,000 None Available
Warranty Deed $227,500 Title First Agency Inc
Deed $140,000 --
Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,750 Future Advance Clause Open End Mortgage
Previous Owner $168,750 Future Advance Clause Open End Mortgage
Previous Owner $216,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $270,000 -1.8% $108 / Sq Ft
04/18/2016 04/18/16 For Sale $275,000 +22.2% $110 / Sq Ft
02/22/2016 02/22/16 Sold $225,000 +2.3% $90 / Sq Ft
01/23/2016 01/23/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $219,900 -- $88 / 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 $9,831 $157,050 $51,730 $105,320
2023 $9,409 $157,045 $51,730 $105,315
2022 $12,005 $108,680 $14,770 $93,910
2021 $7,587 $108,680 $14,770 $93,910
2020 $7,314 $108,680 $14,770 $93,910
2019 $7,054 $94,510 $12,850 $81,660
2018 $4,270 $94,510 $12,850 $81,660
2017 $5,768 $69,170 $12,850 $56,320
2016 $5,785 $79,280 $11,940 $67,340
2015 $5,786 $79,280 $11,940 $67,340
2014 $5,784 $79,280 $11,940 $67,340
2013 $2,618 $72,065 $10,850 $61,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216012488

Columbus and Central Ohio Regional MLS

APN: 610-138330