$1,252,456
SOLD JUL 11, 2016

908 N Meadows Ct Columbus, OH 43229

Salem Village Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.68 Acres

Recently Sold

4% Below List Price

15 Days on Market

About This Home

As of December 2019

Portfolio of 40 two-bedroom townhouse apartments with basements available for sale in North Columbus. These apartments are fully rented with a waiting list, with one unit being used as a rental office. Income numbers provided are based off of owner's 2015 tax return, not proforma, showing a 10.10% cap rate. Additional income could be added by leasing out the unit used as the rental office. This portfolio is comprised of four 4 family buildings and two 12-family buildings on a total of 4 parcels, Curb Offers only.

Last Agent to Sell the Property

James Mangas

Best Corporate Real Estate License #2002005957 Listed on: 04/21/2016

Last Buyer's Agent

Sankarraman Arunachalam

Brick & Stone Realty License #2008002081

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 1.68 Acre Lot
  • Additional Parcels

Home Design

  • Frame Construction

Parking

  • 80 Parking Spaces
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-134957

Community Details

Overview

  • 6 Buildings
  • 40 Units

Building Details

  • Operating Expense $98,728
  • Gross Income $230,012
  • Net Operating Income $131,284

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1963
  • Tax Year: 2015
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 1.68
  • Total Gross Income: 230012.0
  • Co List Office Phone: 614-559-3350
  • MLS Status: Closed
  • Income Expenses Gross Income: 230012.0
  • Annual Expenses: 98728.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 6.0
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 80.0
  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-134957
  • Lot Size Sq Ft: 73180.8
  • Additional Parcels Description: Total of 4 parcels - 010-134957 010-134958 010-132283 010-132359
  • Additional Parcels: Yes
  • Zoning Description: ARI

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 40
  • Net Operating Income: 131284.0
  • Annual Operating Expense: 98728.0

Tax Info

  • Tax Annual Amount: 33652.76

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $1,800,000 -7.7% --
08/02/2019 08/02/19 Pending -- -- --
05/22/2019 05/22/19 Price Changed $1,950,000 -2.5% --
05/21/2019 05/21/19 For Sale $2,000,000 +59.7% --
07/11/2016 07/11/16 Sold $1,252,456 -3.7% --
06/11/2016 06/11/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $1,300,000 -- --
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Mangas

    Seller's Agent in 2019

    James Mangas

    Best Corporate Real Estate

    (614) 559-3351

    26 Total Sales

    James Mangas
    Section Image

  • Y

    Buyer's Agent in 2019

    Yair Swissa

    RE/MAX

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216013083

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43229 Salem Village

908 N Meadows Ct, Columbus, OH

This home is located at 908 N Meadows Ct, Columbus, OH 43229 and is currently priced at $1,252,456. This property was built in 1963. 908 N Meadows Ct is a home located in Franklin County with nearby schools including Salem 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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes