NOT LISTED FOR SALE

Estimated Value: $213,000 - $233,000

4 Beds
2 Baths
1,676 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $190,000 $113 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,424/month

85 Days on Market

About This Home

As of January 2023

895-897 E fourth Avenue presents a great investment opportunity for investor and home owner alike. Located in Milo-Grogan just minutes from Ohio State - Columbus State - Downtown - Short North and Italian Village. Major recent renovations include all new high efficiency furnaces, central air, windows, siding, roof and seamless gutters. The home features such a large fenced in yard, back porches, 2nd floor front balcony, sun room, central air, and off-street parking. This property also sits on a double lot allowing potential for additional units, mother in law suite, ada, garage, etc. Interior is not updated but could unlock major rent increases and equity. Well renovated duplexes within block of property pushing 400k. Please do not disturbed tenants.

Last Listed By

Brandon Lewis

Coldwell Banker Realty License #2018005966 Listed on: 09/22/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Additional Parcels

Parking

  • Off-Street Parking: 1

Home Design

  • 1,676 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 010-013868

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,300
  • Gross Income $13,000
  • Net Operating Income $11,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,128

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.19
  • Total Gross Income: 13000.0
  • Co List Office Phone: 614-759-0808
  • MLS Status: Closed
  • Income Expenses Gross Income: 13000.0
  • Annual Expenses: 1300.0
  • General Property Info Building Sq Ft: 1676.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-013868
  • Lot Size Sq Ft: 8276.4
  • Additional Parcels Description: lot 105&127
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11700.0
  • Annual Operating Expense: 1300.0

Tax Info

  • Tax Annual Amount: 1128.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Oh Excel Ark Realty Llc
Bought by
895East4thavenue Llc
Total Days on Market
85
Current Estimated Value
$224,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$258,604
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$34,063

Purchase Details

Listed on
Sep 22, 2022
Closed on
Dec 30, 2022
Sold by
Central Insight Opportunity Zone Fund Ll
Bought by
Excel Ark Realty Llc
Seller's Agent
Brandon Lewis
Coldwell Banker Realty
Buyer's Agent
Maleeka Smith
Red 1 Realty
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 10, 2019
Sold by
Property Source Llc
Bought by
Opportunity Zone Fund Llc
Seller's Agent
Misty Linn
Core Ohio, Inc.
Buyer's Agent
Misty Linn
Core Ohio, Inc.
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.86%
Original Mortgage
$72,639
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2018
Sold by
Hill John
Bought by
Property Source Llc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Hill John C
Bought by
Hullaby Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,625
Interest Rate
9.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 1987
Bought by
Hill John C

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
895East4thavenue Llc -- Genesis Title
Excel Ark Realty Llc $190,000 World Class Title
Opportunity Zone Fund Llc $48,000 Pm Title Llc
Property Source Llc $45,000 Pm Title Box
Hullaby Bernice $72,500 Southeast Equity Title
Hill John C $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 895East4thavenue Llc $262,500
Previous Owner Central Insight Opp Zone Fund Llc $90,000
Previous Owner Opportunity Zone Fund Llc $72,639
Previous Owner Hullaby Bernice $61,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $190,000 -7.3% $113 / Sq Ft
12/08/2022 12/08/22 Price Changed $205,000 -4.7% $122 / Sq Ft
09/22/2022 09/22/22 For Sale $215,000 +347.9% $128 / Sq Ft
06/10/2019 06/10/19 Sold $48,000 -19.9% $29 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $59,900 0.0% $36 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $59,900 -- $36 / 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 $2,151 $46,940 $6,300 $40,640
2023 $1,625 $33,850 $6,300 $27,550
2022 $969 $15,410 $3,890 $11,520
2021 $1,128 $15,410 $3,890 $11,520
2020 $972 $15,410 $3,890 $11,520
2019 $831 $13,370 $3,360 $10,010
2018 $987 $13,370 $3,360 $10,010
2017 $986 $13,370 $3,360 $10,010
2016 $1,219 $16,070 $3,290 $12,780
2015 $994 $16,070 $3,290 $12,780
2014 $996 $16,070 $3,290 $12,780
2013 $546 $17,850 $3,640 $14,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222035747

Columbus and Central Ohio Regional MLS

APN: 010-013868