$260,000
SOLD OCT 16, 2015

911 Palmer Rd Unit 913 Columbus, OH 43212

-- Bed
-- Bath
2,376 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

12% Below List Price

58 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 4 Car Garage
  • 3-minute walk to C Ray Buck Park
  • Robert Louis Stevenson Elementary School Rated A

About This Home

As of September 2018

Rare opportunity to own a 2 unit over/under duplex in Grandview Heights school district. Owner occupant optional. Tenants pay all utilities, top unit rents at $820/month (same tenant +30 years), bottom unit at $900 per month.

Last Agent to Sell the Property

Joan Elfein

Ohio Broker Direct, LLC License #386319

Last Buyer's Agent

Scott Hartley

List

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1946

Home Design

  • 2,376 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Parking

  • 4 Car Garage
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030-000730

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,200
  • Operating Expense $6,448
  • Gross Income $20,640
  • Net Operating Income $14,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,248

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1946
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 20640.0
  • Co List Office Phone: 614-989-7215
  • MLS Status: Closed
  • Income Expenses Gross Income: 20640.0
  • Annual Expenses: 6447.9
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2376.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

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: GRANDVIEW HEIGHTS CSD 2504 FRA CO.

Lot Info

  • Parcel Number: 030-000730
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Net Operating Income: 14192.1
  • Annual Operating Expense: 6447.9

Tax Info

  • Tax Annual Amount: 5247.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2018
Closed on
Oct 17, 2018
Sold by
Sutphen Alyssa M and Paraskos Nicholas A
Bought by
Here Properties Llc
Seller's Agent
Nicholas Paraskos
EXP Realty, LLC
Buyer's Agent
Martha Corbett
Sorrell & Company, Inc.
List Price
$475,000
Sold Price
$444,000
Premium/Discount to List
-$31,000
-6.53%
Total Days on Market
58
Current Estimated Value
$618,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,193
Avg. Annual Appreciation
5.07%

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 20, 2018
Sold by
Paraskos Allyssa Sutphen and Paraskos Nicholas
Bought by
Henry Loren and Reo Kelly
Seller's Agent
Nicholas Paraskos
EXP Realty, LLC
Buyer's Agent
Martha Corbett
Sorrell & Company, Inc.
List Price
$475,000
Sold Price
$444,000
Premium/Discount to List
-$31,000
-6.53%

Purchase Details

Closed on
Jun 2, 2016
Sold by
Sutphen Alyssa M
Bought by
Sutphen Alyssa M and Paraskos Nicholas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,350
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2015
Closed on
Oct 13, 2015
Sold by
Mahaney Stephen L and Mahaney Michael
Bought by
Sutphen Alyssa M
Seller's Agent
Joan Elfein
Ohio Broker Direct, LLC
Buyer's Agent
Scott Hartley
List
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$226,200
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2009
Sold by
Menendian Walter M and Menendian Charlaine L
Bought by
Denham Stephanie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,482
Interest Rate
5.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1980
Bought by
Menendian Walter M

Map

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 -- Pm Title Box
Limited Warranty Deed -- Pm Title Box
Warranty Deed $444,000 Pm Title Box
Interfamily Deed Transfer -- None Available
Warranty Deed $260,000 Amerititle
Warranty Deed $198,900 Valmer Land
Deed $76,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $227,350 New Conventional
Previous Owner $226,200 New Conventional
Previous Owner $194,482 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $444,000 -6.5% $187 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $475,000 +82.7% $200 / Sq Ft
10/16/2015 10/16/15 Sold $260,000 -11.9% $109 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $295,000 -- $124 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $9,967 $167,790 $59,150 $108,640
2023 $8,753 $167,790 $59,150 $108,640
2022 $9,040 $147,560 $40,320 $107,240
2021 $8,476 $147,560 $40,320 $107,240
2020 $8,241 $144,060 $40,320 $103,740
2019 $7,687 $118,900 $40,320 $78,580
2018 $5,966 $105,210 $40,320 $64,890
2017 $5,756 $105,210 $40,320 $64,890
2016 $5,232 $75,010 $26,810 $48,200
2015 $5,232 $75,010 $26,810 $48,200
2014 $5,248 $75,010 $26,810 $48,200
2013 $2,308 $68,180 $24,360 $43,820
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215023256

Columbus and Central Ohio Regional MLS

APN: 030-000730