NOT LISTED FOR SALE

948 S Champion Ave Unit 950 Columbus, OH 43206

Southern Orchards Neighborhood

Estimated Value: $305,000 - $463,000

6 Beds
2 Baths
2,252 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $140,000 $62 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $2,408/month

2 Days on Market

About This Home

As of May 2019

Excellent investment opportunity in the Southern Orchards neighborhood near Nationwide Children's Hospital. Both units are currently rented, unit 950 will be vacant on May 31st. Large backyard with off street parking.

Unit 948 is rented for $675 a month. Water heater replaced in 2016, kitchen updated in 2012 with new cabinetry, countertops, flooring, walls & ceiling. Living room/dining room hardwood floors were refinished in 2012.

Unit 950 is rented for $775 per month. New water heater installed in 2015. In 2017 the kitchen was updated with new flooring, ceiling & bead board walls. Bathroom was refreshed with a new sink, vanity and flooring. New carpet and flooring were also done in 2017.

Curb offers only until after May 31st when unit 950 will be vacant and available for showing

Last Listed By

John Mahon

Casto Residential Realty License #2015002818 Listed on: 05/02/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1924

Lot Details

  • 6,534

Parking

  • Off-Street Parking: 1

Home Design

  • 2,252 Sq Ft Home
  • Duplex

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil

Additional Features

  • Washer and Dryer Hookup
  • 6,534 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-046780

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,792
  • Gross Income $14,445
  • Net Operating Income $9,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,508

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1924
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Total Gross Income: 14445.0
  • Co List Office Phone: 614-228-5331
  • MLS Status: Closed
  • Income Expenses Gross Income: 14445.0
  • Annual Expenses: 4792.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2252.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Utilities

  • Heating: Oil
  • Cooling: None
  • Cooling Y N: No

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-046780
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 9653.0
  • Annual Operating Expense: 4792.0

Tax Info

  • Tax Annual Amount: 1508.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Golden Lion Investments Llc
Bought by
Ellett Gerrett
Total Days on Market
2
Current Estimated Value
$379,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$396,341
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$2,371

Purchase Details

Listed on
May 2, 2019
Closed on
May 17, 2019
Sold by
Sigrist John and Sigrist Cari
Bought by
Golden Lion Investments Llc
Seller's Agent
John Mahon
Casto Residential Realty
Buyer's Agent
Daniel Lim
Lim Realty Group
List Price
$144,900
Sold Price
$140,000
Premium/Discount to List
-$4,900
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%
Original Mortgage
$60,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2003
Sold by
Garner Mark and Garner Alicia
Bought by
Sigrist John and Sigrist Cari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Woods Jeremy M and Woods Catherine S
Bought by
Garner Mark and Garner Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,470
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1998
Sold by
Trudeau Andre N and Trudeau James W
Bought by
Woods Jeremy M and Woods Catherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,150
Interest Rate
7.19%

Purchase Details

Closed on
Nov 1, 1984

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
Ellett Gerrett $425,000 Pm Title
Golden Lion Investments Llc $140,000 Trinity Columbus Ttl Agcy Bo
Sigrist John $80,000 Peak Title Agency
Garner Mark $58,300 --
Woods Jeremy M $43,500 Franklin & Union Land Title
-- $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellett Gerrett $417,302
Previous Owner Golden Lion Investments Llc $240,000
Previous Owner Golden Lion Investments Llc $60,000
Previous Owner Sigrist John $72,000
Previous Owner Garner Mark A $91,400
Previous Owner Garner Mark $60,000
Previous Owner Garner Mark A $70,500
Previous Owner Garner Mark $52,470
Previous Owner Woods Jeremy M $39,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $140,000 -3.4% $62 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $144,900 -- $64 / 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 $3,382 $74,560 $31,260 $43,300
2023 $3,489 $74,560 $31,260 $43,300
2022 $3,983 $49,000 $7,140 $41,860
2021 $2,759 $49,000 $7,140 $41,860
2020 $1,832 $31,540 $7,140 $24,400
2019 $1,509 $24,260 $5,500 $18,760
2018 $1,366 $24,260 $5,500 $18,760
2017 $1,427 $24,260 $5,500 $18,760
2016 $1,346 $19,810 $4,130 $15,680
2015 $1,225 $19,810 $4,130 $15,680
2014 $1,228 $19,810 $4,130 $15,680
2013 $638 $20,860 $4,340 $16,520
Source: Public Records

Agents Affiliated with this Home

  • John Mahon

    Seller's Agent in 2019

    John Mahon

    Casto Residential Realty

    (614) 354-1272

    1 in this area

    136 Total Sales

    John Mahon
    Section Image
  • Daniel Lim

    Buyer's Agent in 2019

    Daniel Lim

    Lim Realty Group

    (614) 425-4066

    3 in this area

    46 Total Sales

    Daniel Lim
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219014288

Columbus and Central Ohio Regional MLS

APN: 010-046780

Ohio Franklin County Columbus 43206 Southern Orchards

948 S Champion Ave Unit 950, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 948 S Champion Ave Unit 950, Columbus, OH 43206 since 02 May 2019 and is currently estimated at $379,795, approximately $168 per square foot. This property was built in 1924. 948 S Champion Ave Unit 950 is a home located in Franklin County with nearby schools including Livingston Elementary School, South High School, and Capital Collegiate Preparatory Academy.

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.

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