NOT LISTED FOR SALE

Estimated Value: $353,000 - $464,694

4 Beds
2 Baths
2,256 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $193,400 $86 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,643/month

54 Days on Market

Highlights

  • 2 Car Detached Garage
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

A unique opportunity for a well cared for owner occupied or investment property. Loaded with original character, this up/ down 2256 sqft duplex offers 2 great 1 story floor plans for living. Each unit has 2 bedrooms, 1 full bath, spacious living/ dining rooms and kitchens. The building has shared stairway / mudroom access to the lower level basement area with laundry for both units, shared yard and garage. Upstairs unit will be vacant at the end of July, 1st floor unit is month to month. See Agent to Agent Remarks.

Last Agent to Sell the Property

William Robbins

Coldwell Banker Realty License #2005014002 Listed on: 07/06/2016

Coldwell Banker Realty

Last Buyer's Agent

Benjamin Goodman

The Brokerage House License #2015003701

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1918

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,256 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for trash collection, water
  • Assessor Parcel Number 010-054318

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $788
  • Operating Expense $2,814
  • Gross Income $17,700
  • Net Operating Income $14,886

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,026

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1918
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 17700.0
  • Co List Office Phone: 614-610-1417
  • MLS Status: Closed
  • Subdivision Name: Merion Village
  • Location Property Info List PriceSqFt: 88.61
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 17700.0
  • Annual Expenses: 2814.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2256.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Addl Acceptance Cond Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 2.0
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-054318
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 788.0
  • Net Operating Income: 14886.0
  • Annual Operating Expense: 2814.0

Tax Info

  • Tax Annual Amount: 2026.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 27, 2016
Sold by
Liv Hallman Deirdre R and Liv Donald R Hallman Revocable
Bought by
Ranney Rachael C
Seller's Agent
William Robbins
Coldwell Banker Realty
Buyer's Agent
Benjamin Goodman
The Brokerage House
List Price
$199,900
Sold Price
$193,400
Premium/Discount to List
-$6,500
-3.25%
Current Estimated Value
$409,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,774
Avg. Annual Appreciation
8.32%
Original Mortgage
$189,865
Outstanding Balance
$150,773
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$258,401

Purchase Details

Closed on
Aug 1, 2002
Sold by
Hallman Donald R
Bought by
Liv Hallman Donald R and Liv Donald R Hallman Revocable

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
6.7%

Purchase Details

Closed on
Jan 30, 2002
Sold by
Mitrey Mary Lou and Mitrey Jack
Bought by
Mitrey Mary Lou and Mary Lou Mitrey Revocable Trus

Purchase Details

Closed on
Sep 24, 1984
Bought by
Mitrey Mary L
Source: Public Records
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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
Ranney Rachael C $193,400 Amerititle
Liv Hallman Donald R -- Amerititle Agency Inc
Hallman Donald R $75,000 Amerititle Agency Inc
Mitrey Mary Lou -- --
Mitrey Mary L $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranney Rachael C $189,865
Previous Owner Hallman Donald R $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $193,400 -3.3% $86 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $199,900 -- $89 / 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 $6,302 $138,960 $45,470 $93,490
2023 $6,223 $138,960 $45,470 $93,490
2022 $4,798 $91,390 $11,030 $80,360
2021 $4,807 $91,390 $11,030 $80,360
2020 $4,813 $91,390 $11,030 $80,360
2019 $4,308 $67,700 $8,160 $59,540
2018 $3,790 $67,700 $8,160 $59,540
2017 $3,776 $47,290 $8,160 $39,130
2016 $2,226 $32,760 $5,530 $27,230
2015 $2,026 $32,760 $5,530 $27,230
2014 $2,031 $32,760 $5,530 $27,230
2013 $1,113 $36,400 $6,160 $30,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216024358

Columbus and Central Ohio Regional MLS

APN: 010-054318