NOT LISTED FOR SALE

9 E Northwood Ave Columbus, OH 43201

Northwood Park Neighborhood

Estimated Value: $336,697 - $420,000

4 Beds
2 Baths
2,345 Sq Ft
$167/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $360,000 $154 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,548/month

3 Days on Market

About This Home

As of October 2022

LOCATION LOCATION LOCATION. A stone's throw from High Street and access to OSU's campus, this is a prime location duplex for student housing. Lower level unit is well kept 1 BR, 1 BA apartment with large living area leased for $800/mo Upper level unit is a 2 BR, 1 BA unit leased for $900/mo with a third floor (now used for storage) that can easily be converted to a 3rd bedroom to increase rent. Given location and size, there is a lot of value-add to be had here to increase rents. Tenants pay all utilities. Very easy to lease.

Last Agent to Sell the Property

Oliver Chapman

Corcoran Global Living Listed on: 08/28/2022

Last Buyer's Agent

Michael Linsker

Northsteppe Realty License #2009000205

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,192

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,345 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-043354

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,192
  • Gross Income $20,400
  • Net Operating Income $16,208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,192

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1905
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.05
  • Total Gross Income: 20400.0
  • Co List Office Phone: 614-934-5034
  • MLS Status: Closed
  • Subdivision Name: University District
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 20400.0
  • Annual Expenses: 4192.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2345.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-043354
  • Lot Size Sq Ft: 2178.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 16208.0
  • Annual Operating Expense: 4192.0

Tax Info

  • Tax Annual Amount: 4192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2022
Closed on
Sep 20, 2022
Sold by
Palus Alexandria J
Bought by
7-9 E Northwood Ave Llc
Seller's Agent
Oliver Chapman
Corcoran Global Living
Buyer's Agent
Michael Linsker
Northsteppe Realty
List Price
$360,000
Sold Price
$360,000
Views
11
Current Estimated Value
$383,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,567
Avg. Annual Appreciation
2.05%
Original Mortgage
$288,000
Outstanding Balance
$278,562
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$102,978

Purchase Details

Closed on
May 5, 1997
Sold by
Palus Edward M and Palus Alexandria J
Bought by
Palus Edward M and Palus Alexandria J

Purchase Details

Closed on
Nov 7, 1980
Bought by
Palus Alexandria J
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
7-9 E Northwood Ave Llc -- Great American Title
Palus Edward M -- --
Palus Alexandria J $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7-9 E Northwood Ave Llc $288,000
Previous Owner Palus Edward M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $360,000 0.0% $154 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/28/2022 08/28/22 For Sale $360,000 -- $154 / 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 $5,492 $119,840 $21,630 $98,210
2023 $5,423 $119,840 $21,630 $98,210
2022 $4,185 $78,750 $12,950 $65,800
2021 $4,192 $78,750 $12,950 $65,800
2020 $4,199 $78,750 $12,950 $65,800
2019 $3,917 $63,000 $10,360 $52,640
2018 $3,480 $63,000 $10,360 $52,640
2017 $3,633 $63,000 $10,360 $52,640
2016 $3,349 $49,290 $8,440 $40,850
2015 $3,049 $49,290 $8,440 $40,850
2014 $3,056 $49,290 $8,440 $40,850
2013 $1,351 $44,800 $7,665 $37,135
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2022

    Oliver Chapman

    Corcoran Global Living

  • M

    Buyer's Agent in 2022

    Michael Linsker

    Northsteppe Realty

    (216) 513-2335

    1 in this area

    49 Total Sales

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222032508

Columbus and Central Ohio Regional MLS

APN: 010-043354

Ohio Franklin County Columbus 43201 Northwood Park

9 E Northwood Ave, Columbus, OH

This home is located at 9 E Northwood Ave, Columbus, OH 43201 since 28 August 2022 and is currently estimated at $390,924, approximately $166 per square foot. This property was built in 1905. 9 E Northwood Ave is a home located in Franklin County with nearby schools including Hubbard 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.

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