G
Seller's Agent in 2023
Greg Waite
Cutler Real Estate
869 Derrer Rd Unit 871 Columbus, OH 43204
Holly Hill NeighborhoodEstimated Value: $208,000 - $220,000
5
Beds
2
Baths
1,667
Sq Ft
$128/Sq Ft
Est. Value
About This Home
As of June 2023Welcome to 869-871 Derrer Road, this 2 unit duplex is a cash positive investment. 869 side features 3 bedrooms and 1 full bath, updated flooring, new furnace, new roof, carpet and more. 871 side features 2 bedrooms and 1 full bath with updated paint and carpet. Both sides are fully rented with strong tenants.
Last Listed By
Greg Waite
Cutler Real Estate Listed on: 06/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,296
Year Built
- Built in 1954
Lot Details
- 6,970
Home Design
- 1,667 Sq Ft Home
- Vinyl Siding
Parking
- 4 Parking Spaces
- Shared Driveway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Washer and Dryer Hookup
- 6,970 Sq Ft Lot
Listing and Financial Details
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 140-004929
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $100
- Gross Income $2,100
- Net Operating Income $2,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2023
Closed on
Jun 22, 2023
Sold by
Mckenney Gavin M
Bought by
Balavanthapu Rakesh and Thirunagari Priyanka
Seller's Agent
Greg Waite
Cutler Real Estate
Buyer's Agent
Patrick Drury
Reafco
List Price
$200,000
Sold Price
$200,000
Total Days on Market
0
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
$13,755
Avg. Annual Appreciation
3.66%
Original Mortgage
$150,000
Outstanding Balance
$147,151
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$66,604
Purchase Details
Listed on
Jul 25, 2020
Closed on
Aug 27, 2020
Sold by
Shaw Gary
Bought by
Mckenney Gavin M
Seller's Agent
Jeff Ruff
Cutler Real Estate
Buyer's Agent
Greg Waite
Cutler Real Estate
List Price
$132,500
Sold Price
$134,000
Premium/Discount to List
$1,500
1.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$131,572
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Listed on
May 13, 2019
Closed on
May 31, 2019
Sold by
Tack Investments Llc
Bought by
Shaw Gary
Seller's Agent
Holly K. Blanken
Heart & Home Realty
Buyer's Agent
Jeff Ruff
Cutler Real Estate
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%
Original Mortgage
$82,500
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2017
Sold by
Urbanik Theodore
Bought by
Tack Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 10, 2017
Sold by
Tack Investments Llc
Bought by
Urbanik Theodore
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 20, 2010
Sold by
Urbanik Theodore M and Urbanik Kathy E
Bought by
Tack Investments Llc
Purchase Details
Closed on
Feb 10, 2010
Sold by
Urbanik Theodore M and Urbanik Kathy E
Bought by
Urbanik Theodore M and Urbanik Kathy E
Purchase Details
Closed on
Dec 2, 2009
Sold by
Tack Investments Llc
Bought by
Urbanik Theodore M and Urbanik Kathy E
Purchase Details
Closed on
Jun 20, 2008
Sold by
Mounts Warren G and Mounts Jamie L
Bought by
Tack Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 2006
Sold by
Mounts Warren G and Mounts Sandra
Bought by
Mounts Warren G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 12, 2000
Sold by
Dalberto Antonio and Ocwen Federal Bank Fsb
Bought by
Mounts Warren G
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 |
|---|---|---|---|
| Balavanthapu Rakesh | $200,000 | Landsel Title Agency | |
| Mckenney Gavin M | $134,000 | Associates Title Inc | |
| Shaw Gary | $110,000 | Bridge Title Box | |
| Tack Investments Llc | -- | None Available | |
| Urbanik Theodore | -- | Nordic Title Box | |
| Tack Investments Llc | $40,000 | Attorney | |
| Urbanik Theodore M | $40,000 | Independent | |
| Urbanik Theodore M | -- | Independent | |
| Tack Investments Llc | $42,500 | Valmer Land | |
| Mounts Warren G | $100,000 | Christopher | |
| Mounts Warren G | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Balavanthapu Rakesh | $150,000 | |
| Previous Owner | Mckenney Gavin M | $131,572 | |
| Previous Owner | Shaw Gary | $82,500 | |
| Previous Owner | Urbanik Theodore | $60,000 | |
| Previous Owner | Tack Investments Llc | $67,500 | |
| Previous Owner | Mounts Warren G | $85,000 | |
| Previous Owner | Mounts Warren G | $190,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $200,000 | 0.0% | $120 / Sq Ft |
| 06/12/2023 06/12/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | For Sale | $200,000 | +49.3% | $120 / Sq Ft |
| 08/28/2020 08/28/20 | Sold | $134,000 | +1.1% | $80 / Sq Ft |
| 07/25/2020 07/25/20 | For Sale | $132,500 | -1.1% | $79 / Sq Ft |
| 06/05/2020 06/05/20 | Off Market | $134,000 | -- | -- |
| 05/20/2020 05/20/20 | Price Changed | $132,500 | -0.7% | $79 / Sq Ft |
| 04/28/2020 04/28/20 | Price Changed | $133,500 | -0.7% | $80 / Sq Ft |
| 04/14/2020 04/14/20 | For Sale | $134,500 | +22.3% | $81 / Sq Ft |
| 06/03/2019 06/03/19 | Sold | $110,000 | -8.3% | $66 / Sq Ft |
| 05/13/2019 05/13/19 | Pending | -- | -- | -- |
| 05/13/2019 05/13/19 | For Sale | $119,900 | -- | $72 / 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 | $3,027 | $58,700 | $13,830 | $44,870 |
| 2023 | $3,045 | $58,700 | $13,830 | $44,870 |
| 2022 | $2,296 | $28,460 | $6,580 | $21,880 |
| 2021 | $2,192 | $28,460 | $6,580 | $21,880 |
| 2020 | $2,015 | $28,460 | $6,580 | $21,880 |
| 2019 | $1,897 | $23,740 | $5,500 | $18,240 |
| 2018 | $1,728 | $23,740 | $5,500 | $18,240 |
| 2017 | $1,782 | $23,740 | $5,500 | $18,240 |
| 2016 | $1,683 | $19,890 | $4,100 | $15,790 |
| 2015 | $1,566 | $19,890 | $4,100 | $15,790 |
| 2014 | $1,566 | $19,890 | $4,100 | $15,790 |
| 2013 | $904 | $23,380 | $4,830 | $18,550 |
Source: Public Records
Agents Affiliated with this Home
-
-
V
Seller Co-Listing Agent in 2023
Vicki Russell
Cutler Real Estate
-
Patrick Drury
P
Buyer's Agent in 2023
Patrick Drury
Reafco
(614) 412-4565
1 in this area
49 Total Sales
-
Jeff Ruff
Seller's Agent in 2020
Jeff Ruff
Cutler Real Estate
(614) 325-0022
2 in this area
903 Total Sales
-
Trent Ecklar
Seller Co-Listing Agent in 2020
Trent Ecklar
Heart & HomePropertyManagement
(614) 917-7800
2 in this area
173 Total Sales
-
Holly K. Blanken
Seller's Agent in 2019
Holly K. Blanken
Heart & Home Realty
(614) 554-2634
102 Total Sales
Map
Similar Home in Columbus, OH
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223017769
APN: 140-004929
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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Information is deemed reliable but not guaranteed.
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