$650,000
SOLD DEC 27, 2024

939-941 Thomas Rd Grandview Heights, OH 43212

-- Bed
-- Bath
2,434 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$267 Per Sq Ft

34 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Robert Louis Stevenson Elementary School Rated A
  • 2 Car Garage

About This Home

As of December 2024

Amazing investment opportunity. Solid three bedroom per side double in the Heart of Grandview Heights. One side has been totally remodeled (2020) and a first floor half bath was added along with updated mechanicals. Two car block garage and green space.
Unit 939: fully remodeled, rented through 04/30/2025 at $2,250/month. Unit 941: long term tenant through 06/20/2025 at $1,800/month.

Last Agent to Sell the Property

Matthew Schirtzinger

RE/MAX Premier Choice License #0000394008 Listed on: 11/22/2024

RE/MAX Premier Choice

Last Buyer's Agent

Rich Russo

Rich Russo Realty & Co. License #0700427811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,767

Year Built

  • Built in 1924

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 2,434 Sq Ft Home
  • Duplex

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 030-000958

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,543
  • Maintenance Expense $3,045
  • Supplies Expense $21
  • Water Sewer Expense $1,290
  • Operating Expense $13,604
  • Gross Income $46,096
  • Net Operating Income $32,492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,767

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1924
  • Tax Year: 2023
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 46096.18
  • Supplies Expense: 21.0
  • Co List Office Phone: 800-759-1112
  • MLS Status: Closed
  • Subdivision Name: Grandview Heights
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 46096.18
  • Annual Expenses: 13603.92
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2434.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • 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:Aluminum: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features 2 Car Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • 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

Fee Information

  • Annual Water Sewer Expense: 1290.16

Schools

  • Junior High Dist: GRANDVIEW HEIGHTS CSD 2504 FRA CO.

Lot Info

  • Parcel Number: 030-000958
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels: No
  • Zoning Description: Two Family

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1543.46
  • Maintenance Expense: 3044.52
  • Net Operating Income: 32492.27
  • Annual Operating Expense: 13603.92

Tax Info

  • Tax Annual Amount: 7767.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Dec 26, 2024
Sold by
939-941 Thomas Road Llc
Bought by
Montgomery Kristin and Montgomery Marc
Seller's Agent
Matthew Schirtzinger
RE/MAX Premier Choice
Buyer's Agent
Rich Russo
Rich Russo Realty & Co.
List Price
$650,000
Sold Price
$650,000
Views
6
Current Estimated Value
$666,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,524
Avg. Annual Appreciation
3.03%
Original Mortgage
$487,500
Outstanding Balance
$484,095
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$182,429

Purchase Details

Closed on
Aug 7, 2020
Sold by
Froehlich Mary Jaynes and The Joretta May Jaynes Revocba
Bought by
939 941 Thomas Road Llc

Purchase Details

Closed on
May 15, 2015
Sold by
Jaynes Joretta May and Jaynes Joretta M
Bought by
The Joretta May Janes Revocable Trust

Purchase Details

Closed on
Jan 14, 2008
Sold by
Estate Of Donald K Jaynes
Bought by
Jaynes Joretta M

Purchase Details

Closed on
May 6, 1970
Bought by
Jaynes Donald K
Source: Public Records

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 $650,000 None Listed On Document
Warranty Deed $650,000 None Listed On Document
Warranty Deed $365,600 None Available
Interfamily Deed Transfer -- None Available
Certificate Of Transfer -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $487,500 New Conventional
Closed $487,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $650,000 0.0% $267 / Sq Ft
11/22/2024 11/22/24 For Sale $650,000 -- $267 / 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 $8,844 $148,890 $61,460 $87,430
2023 $7,767 $148,890 $61,460 $87,430
2022 $7,548 $123,210 $40,500 $82,710
2021 $7,077 $123,210 $40,500 $82,710
2020 $7,048 $123,210 $40,500 $82,710
2019 $6,732 $104,130 $40,500 $63,630
2018 $5,977 $104,130 $40,500 $63,630
2017 $5,768 $104,130 $40,500 $63,630
2016 $5,243 $74,210 $26,920 $47,290
2015 $5,243 $74,210 $26,920 $47,290
2014 $5,259 $74,210 $26,920 $47,290
2013 -- $67,445 $24,465 $42,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224041057

Columbus and Central Ohio Regional MLS

APN: 030-000958