NOT LISTED FOR SALE

869 N Meadows Ct Columbus, OH 43229

Salem Village Neighborhood
36 Beds
-- Bath
7,290 Sq Ft
0.54 Acres

Last Sold September 24, 2014

Last sale price $1,018,500 $140 Per Sq Ft

22 Days on Market

About This Home

As of September 2014

36 units on three parcels available for sale, at $30k per unit. Great investment opportunity. A majority of the units have already been renovated, the roof was replaced 2010, windows were replaced in 2003, and all mechanicals are updated & modern. The property is truly ready for someone to come in and maximize profits. Every unit is 2 bedrooms with one full bath and a basement. 7 buildings in total, with 4 buildings having 6 units and 3 buildings have 4 units. Average rent is around $600/month per unit.

Last Agent to Sell the Property

Matthew Cochrell

Core Ohio, Inc. Listed on: 06/25/2014

Last Buyer's Agent

Lori Veisz

Best Homes Real Estate Ltd. License #2012002287

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,409

Year Built

  • Built in 1963

Lot Details

  • 0.54 Acre Lot
  • Additional Parcels

Parking

  • 2 Parking Spaces

Home Design

  • 7,290 Sq Ft Home
  • Brick Exterior Construction

Laundry

  • Washer and Dryer Hookup

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-134961

Community Details

Overview

  • 7 Buildings
  • 36 Units

Building Details

  • Operating Expense $33,081
  • Gross Income $213,681
  • Net Operating Income $180,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,409

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1963
  • Tax Year: 2013
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.54
  • Total Gross Income: 213681.0
  • Co List Office Phone: 614-429-5404
  • MLS Status: Closed
  • Subdivision Name: North Meadows Apartments
  • Income Expenses Gross Income: 213681.0
  • Annual Expenses: 33081.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 7290.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 7.0
  • Miscellaneous WD Hookups: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-134961
  • Lot Size Sq Ft: 23522.4
  • Additional Parcels Description: 010-134962 010-134963
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 36
  • Net Operating Income: 180600.0
  • Annual Operating Expense: 33081.0

Tax Info

  • Tax Annual Amount: 22409.0

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Sold $1,018,500 -5.7% $140 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $1,080,000 -- $148 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Matthew Cochrell

    Core Ohio, Inc.

  • L

    Buyer's Agent in 2014

    Lori Veisz

    Best Homes Real Estate Ltd.

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214029050

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43229 Salem Village

869 N Meadows Ct, Columbus, OH

This home is located at 869 N Meadows Ct, Columbus, OH 43229 since 25 June 2014. This property was built in 1963. 869 N Meadows Ct is a home located in Franklin County with nearby schools including Salem Elementary School, Dominion Middle School, and Whetstone High School.

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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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