NOT LISTED FOR SALE

870 N Meadows Ct Columbus, OH 43229

Salem Village Neighborhood
22 Beds
-- Bath
21,500 Sq Ft
0.52 Acres

Last Sold January 15, 2016

Last sale price $630,000 $29 Per Sq Ft

156 Days on Market

About This Home

As of January 2016

870-880 N Meadows Ct - 22 two bedroom townhomes with basements. All units have replacement windows and central air as of 8/12/15. All units are leased. Market rates $595-$645, though building has rent ranging from $425-$595 (4 long term tenants at $425-$500). Avg rents 546.87. The income propation are using the current rents + the 2014 expenses. Note: owner manages, no management fee in the expenses. DRIVE BY - DON'T DISTURB TENANTS. This will show a good cash on cash return. Listing agent has more financials available.

Last Listed By

Joseph C Jackson

Keller Williams Capital Ptnrs License #2014000204 Listed on: 08/12/2015

Keller Williams Capital Ptnrs

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.52 Acre Lot
  • Additional Parcels

Parking

  • Off-Street Parking: 1

Home Design

  • 21,500 Sq Ft Home
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-134960

Community Details

Overview

  • 6 Buildings
  • 22 Units

Building Details

  • Insurance Expense $5,434
  • Maintenance Expense $29,942
  • Operating Expense $56,599
  • Gross Income $144,360
  • Net Operating Income $87,761

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1963
  • Tax Year: 2015
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.52
  • Total Gross Income: 144360.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Subdivision Name: Northview Estates
  • Income Expenses Gross Income: 144360.0
  • Annual Expenses: 56599.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 21500.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 6.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-134960
  • Lot Size Sq Ft: 22651.2
  • Additional Parcels Description: 010-134959
  • Additional Parcels: Yes
  • Zoning Description: AR-1

Multi Family

  • Number Of Units Total: 22
  • Insurance Expense: 5434.0
  • Maintenance Expense: 29942.0
  • Net Operating Income: 87761.0
  • Annual Operating Expense: 56599.0

Tax Info

  • Tax Annual Amount: 17533.38

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
01/15/2016 01/15/16 Sold $630,000 -16.0% $29 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $750,000 -- $35 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joseph C Jackson

    Seller's Agent in 2016

    Joseph C Jackson

    Keller Williams Capital Ptnrs

    (614) 888-1000

    8 in this area

    195 Total Sales

    Joseph C Jackson
    Section Image

  • D

    Buyer's Agent in 2016

    David Panzera

    Panzera Realty

    (614) 486-1367

    David Panzera
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215029258

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43229 Salem Village

870 N Meadows Ct, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 870 N Meadows Ct, Columbus, OH 43229 since 12 August 2015. This property was built in 1963. 870 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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