NOT LISTED FOR SALE

883 Oak St Unit 5 Columbus, OH 43205

Olde Towne East Neighborhood

Estimated Value: $493,000 - $705,000

7 Beds
3 Baths
3,059 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $322,000 $105 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,927/month

2 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating System
  • Garage

About This Home

As of September 2018

Old Town East brick double! Both sides completely renovated top to bottom in 2007 including: drywall, plumbing, electric, windows, cabinets, fixtures. Each side has large rooms with all 3 levels finished. 2 Master Suites + 1/2 bath on 883 Side, 2 bedroom + office and 1/2 bath on 885 side. Fantastic location across from Yellow Brick Pizza and next to Old Town Tavern! Detached 2 car cinder block garage and fenced in rear yard. Live in one side and collect rental income from the other side to cover most of your mortgage! Great opportunity to buy in a highly desirable neighborhood just minutes to downtown and freeways.

Last Agent to Sell the Property

Jim Spiegel

The Robert Weiler Company License #2015005127 Listed on: 08/19/2018

Last Buyer's Agent

Carson Thrush

KW Classic Properties Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,613

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3,059 Sq Ft Home
  • Fireplace
  • Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 010-019594

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,612
  • Gross Income $32,400
  • Net Operating Income $28,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,613

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 32400.0
  • Co List Office Phone: 614-221-4286
  • MLS Status: Closed
  • Subdivision Name: Old Town East
  • Income Expenses Gross Income: 32400.0
  • Annual Expenses: 3612.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3059.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-019594
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 28788.0
  • Annual Operating Expense: 3612.0

Tax Info

  • Tax Annual Amount: 3613.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2018
Closed on
Sep 22, 2018
Sold by
Weiss Christopher J and Groll Tyler
Bought by
Homeside Financial Llc
Seller's Agent
Jim Spiegel
The Robert Weiler Company
Buyer's Agent
Carson Thrush
KW Classic Properties Realty
List Price
$309,900
Sold Price
$322,000
Premium/Discount to List
$12,100
3.9%
Total Days on Market
2
Current Estimated Value
$600,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,130
Avg. Annual Appreciation
9.74%
Original Mortgage
$316,167
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2007
Sold by
First Builders Financial
Bought by
Weiss Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2006
Sold by
Staschke Keith E
Bought by
First Builders Financial

Purchase Details

Closed on
Jan 7, 2005
Sold by
Crownline Real Estate Llc
Bought by
Staschke Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,650
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2002
Sold by
Edwards Paul Keith and Edwards Ruby J
Bought by
The Arlington Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2002
Sold by
The Arlington Bank
Bought by
Crownline Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1998
Sold by
Cornerstone & Associates Inc
Bought by
Edwards Paul Keith and Edwards Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.76%

Purchase Details

Closed on
Aug 5, 1976
Bought by
Kerr Sophie E
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Homeside Financial Llc $322,000 Pm Title Box
Weiss Christopher J $162,500 Amerititle
First Builders Financial $142,100 Supreme Tit
Staschke Keith E $97,500 Peak Title
The Arlington Bank -- Lawyers Title
Crownline Real Estate Llc $87,000 Lawyers Title
Edwards Paul Keith $60,000 Custom Title
Kerr Sophie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rakowsky Luke A $402,000
Closed Rakowsky Luke A $312,658
Closed Homeside Financial Llc $316,167
Previous Owner Weiss Christopher J $35,000
Previous Owner Weiss Christopher J $250,000
Previous Owner Staschke Keith E $77,650
Previous Owner Crownline Real Estate Llc $97,000
Previous Owner Edwards Paul Keith $73,600
Previous Owner Edwards Paul Keith $48,000
Closed Staschke Keith E $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2018 09/19/18 Sold $322,000 +3.9% $105 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $309,900 -- $101 / 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 $6,690 $145,990 $41,580 $104,410
2023 $6,538 $145,985 $41,580 $104,405
2022 $6,083 $115,850 $5,460 $110,390
2021 $6,243 $115,850 $5,460 $110,390
2020 $6,252 $115,850 $5,460 $110,390
2019 $7,072 $112,700 $5,460 $107,240
2018 $3,742 $58,840 $5,460 $53,380
2017 $3,938 $58,840 $5,460 $53,380
2016 $4,264 $63,560 $5,390 $58,170
2015 $3,877 $63,560 $5,390 $58,170
2014 $3,886 $63,560 $5,390 $58,170
2013 $1,793 $57,785 $4,900 $52,885
Source: Public Records

Agents Affiliated with this Home

  • Jim Spiegel

    Seller's Agent in 2018

    Jim Spiegel

    The Robert Weiler Company

    (614) 359-7412

    31 Total Sales

    Jim Spiegel
    Section Image

  • C

    Buyer's Agent in 2018

    Carson Thrush

    KW Classic Properties Realty

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218031441

Columbus and Central Ohio Regional MLS

APN: 010-019594

Ohio Franklin County Columbus 43205 Olde Towne East

883 Oak St Unit 5, Columbus, OH

This home is located at 883 Oak St Unit 5, Columbus, OH 43205 since 19 August 2018 and is currently estimated at $600,130, approximately $196 per square foot. This property was built in 1900. 883 Oak St Unit 5 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East 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.

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Information is deemed reliable but not guaranteed.

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