NOT LISTED FOR SALE

869 Derrer Rd Unit 871 Columbus, OH 43204

Holly Hill Neighborhood

Estimated Value: $201,000 - $230,000

5 Beds
2 Baths
1,667 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2023

Last sale price $200,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,409 / mo

About This Home

As of June 2023

Welcome 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 Agent to Sell the Property

Greg Waite

Cutler Real Estate Listed on: 06/12/2023

Co-Listed By

Vicki Russell

Cutler Real Estate

Last Buyer's Agent

Patrick Drury

Reafco License #2021001448

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,296

Year Built

Built in 1954

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1954
  • Tax Year: 2022
  • Lot Size Acres: 0.16
  • Total Gross Income: 2100.0
  • Co List Office Mls Id: 10371
  • Co List Office Phone: 614-339-4664
  • Co List Office Phone: 614-339-4664
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 119.98
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 2100.0
  • Annual Expenses: 100.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1667.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features Shared Driveway2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 140-004929
  • Lot Size Sq Ft: 6969.6

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 2000.0
  • Annual Operating Expense: 100.0

Tax Info

  • Tax Annual Amount: 2296.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jun 22, 2023
Sold by
Bought by
Seller's Agent
Greg Waite
Cutler Real Estate
Buyer's Agent
Patrick Drury
Reafco
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$214,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,424
Avg. Annual Appreciation
2.41%
Original Mortgage
$150,000
Outstanding Balance
$145,671
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$68,753

Purchase Details

Listed on
Jul 25, 2020
Closed on
Aug 27, 2020
Sold by
Bought by
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
Bought by
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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Feb 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2008
Sold by
Bought by

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
Bought by

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
Bought by
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 Landsel Title Agency
$134,000 Associates Title Inc
$110,000 Bridge Title Box
-- None Available
-- Nordic Title Box
$40,000 Attorney
$40,000 Independent
-- Independent
$42,500 Valmer Land
$100,000 Christopher
$50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,000
Previous Owner $131,572
Previous Owner $82,500
Previous Owner $60,000
Previous Owner $67,500
Previous Owner $85,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,027 $58,700 $13,830 $44,870
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223017769

Columbus and Central Ohio Regional MLS

APN: 140-004929

Your Personal Tour Guide

Ask me questions while you tour the home.