$149,500
SOLD APR 24, 2020

888 Studer Ave Unit 890 Columbus, OH 43206

Driving Park Neighborhood
-- Bed
-- Bath
1,733 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

7% Above List Price

2 Days on Market

About This Home

As of March 2022

Rent ready duplex in the rapidly developing southern orchards neighborhood with tons of potential. Many properties on the street already renovated. Great opportunity for an investor looking for cash flow and appreciation or an owner occupant looking to start collecting rent immediately while putting in some sweat equity. Original wood work and hardware in place. Newer furnace and hot water heater, fresh paint and carpet. Could easily be converted to an awesome single family home. Currently set up as 2 large one bedroom units, the upstairs unit could easily be converted to a 2 bedroom unit.

Last Agent to Sell the Property

Michael Pakizer

Lotus Advisors License #2014000358 Listed on: 02/21/2020

Last Buyer's Agent

Alyssa Everley

Key Realty License #2017000919

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $691

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,733 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-028296

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $700
  • Gross Income $18,000
  • Net Operating Income $17,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$691

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 18000.0
  • Co List Office Phone: 614-300-7395
  • MLS Status: Closed
  • Income Expenses Gross Income: 18000.0
  • Annual Expenses: 700.0
  • General Property Info Building Sq Ft: 1733.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-028296
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 17300.0
  • Annual Operating Expense: 700.0

Tax Info

  • Tax Annual Amount: 691.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Mar 4, 2022
Sold by
Jeremy Sams
Bought by
Deng Daniel
Seller's Agent
Alyssa Everley-Gregg
Coldwell Banker Realty
Buyer's Agent
Josh Janus
Key Realty
List Price
$210,000
Sold Price
$203,000
Premium/Discount to List
-$7,000
-3.33%
Current Estimated Value
$258,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,856
Avg. Annual Appreciation
7.67%
Original Mortgage
$150,000
Outstanding Balance
$140,914
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$117,942

Purchase Details

Listed on
Feb 21, 2020
Closed on
Apr 17, 2020
Sold by
Pakizer Michael
Bought by
Sams Jeremy
Seller's Agent
Michael Pakizer
Lotus Advisors
Buyer's Agent
Alyssa Everley
Key Realty
List Price
$139,900
Sold Price
$149,500
Premium/Discount to List
$9,600
6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$171,236
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 1, 2017
Sold by
Hill John R
Bought by
Pakizer Michael
Seller's Agent
Damon Massey
Berkshire Hathaway HS Pro Rlty
Buyer's Agent
Michael Pakizer
Lotus Advisors
List Price
$35,000
Sold Price
$32,000
Premium/Discount to List
-$3,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.16%

Purchase Details

Closed on
Oct 30, 1992
Bought by
Hill Virginia G Tr
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 Type Sale Price Title Company
Warranty Deed $203,000 New Title Company Name
Warranty Deed $149,500 World Class Title Agcy Of Oh
Warranty Deed $32,000 Axxis Title Agency Ltd
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $171,236 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $203,000 -3.3% $117 / Sq Ft
01/21/2022 01/21/22 For Sale $210,000 +3.4% $121 / Sq Ft
01/19/2022 01/19/22 Off Market $203,000 -- --
04/24/2020 04/24/20 Sold $149,500 +6.9% $86 / Sq Ft
02/21/2020 02/21/20 For Sale $139,900 +337.2% $81 / Sq Ft
06/01/2017 06/01/17 Sold $32,000 -8.6% $18 / Sq Ft
05/18/2017 05/18/17 For Sale $35,000 -- $20 / 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 $3,343 $72,940 $28,070 $44,870
2023 $3,301 $72,940 $28,070 $44,870
2022 $1,375 $26,190 $4,800 $21,390
2021 $911 $14,460 $4,800 $9,660
2020 $771 $14,460 $4,800 $9,660
2019 $692 $11,130 $3,710 $7,420
2018 $345 $11,130 $3,710 $7,420
2017 $786 $11,130 $3,710 $7,420
2016 $880 $12,950 $3,290 $9,660
2015 $400 $12,950 $3,290 $9,660
2014 $803 $12,950 $3,290 $9,660
2013 $417 $13,615 $3,465 $10,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220005140

Columbus and Central Ohio Regional MLS

APN: 010-028296