NOT LISTED FOR SALE

987 E 15th Ave Unit 989 Columbus, OH 43211

South Linden Neighborhood

Estimated Value: $150,000 - $246,000

6 Beds
2 Baths
2,408 Sq Ft
$76/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $25,000 $10 Per Sq Ft

Est. 633% increase in value since last sale

Current estimated payment $1,320/month

477 Days on Market

About This Home

As of November 2013

ATTENTION INVESTORS! BOTH SIDES CURRENTLY RENTED FOR $495 PER MONTH. SEEL A2A REMARKS.

Last Listed By

DeLena Ciamacco

RE/MAX Connection License #367326 Listed on: 07/06/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,356

Home Design

  • 2,408 Sq Ft Home

Additional Features

  • 4,356 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 010-052135

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $700
  • Operating Expense $1,467
  • Gross Income $11,880
  • Net Operating Income $10,413

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1924
  • Tax Year: 2012
  • Lot Size Acres: 0.1
  • Total Gross Income: 11880.0
  • Co List Office Phone: 614-478-2121
  • MLS Status: Closed
  • Subdivision Name: DREXEL PARK
  • Income Expenses Gross Income: 11880.0
  • Annual Expenses: 1467.0
  • General Property Info Building Sq Ft: 2408.0
  • General Property Info # of Buildings: 1.0
  • Special Features: 12
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-052135
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 700.0
  • Net Operating Income: 10413.0
  • Annual Operating Expense: 1467.0

Tax Info

  • Tax Annual Amount: 783.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
New Perspective Asset Management Llc
Bought by
Farris Acquisitions Llc
Total Days on Market
477
Current Estimated Value
$183,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2014
Sold by
Cth Group Llc
Bought by
Almumen Fatemah A A A A

Purchase Details

Listed on
Jul 6, 2012
Closed on
Nov 8, 2013
Sold by
Schlater Family Homes Llc
Bought by
Cth Group Llc
Seller's Agent
DeLena Ciamacco
RE/MAX Connection
Buyer's Agent
roger loesel
Coldwell Banker Realty
List Price
$39,900
Sold Price
$25,000
Premium/Discount to List
-$14,900
-37.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.86%

Purchase Details

Closed on
Jan 25, 2007
Sold by
Washington Mutual Bank
Bought by
Schlater Family Homes Llc

Purchase Details

Closed on
Nov 1, 2006
Sold by
Robinson Trudene
Bought by
Washington Mutual Bank and Long Beach Mortgage Co

Purchase Details

Closed on
Nov 6, 2005
Sold by
S & D Homes Llc
Bought by
Robinson Trudene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,950
Interest Rate
10.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 23, 2004
Sold by
Decamp Steven and Decamp Tammy
Bought by
S & D Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2003
Sold by
Cosby Gary W
Bought by
Decamp Steven and Decamp Tammy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2000
Sold by
Fields Eugene W
Bought by
Cosby Ii Garry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
11.49%

Purchase Details

Closed on
Sep 25, 1986
Bought by
Fields Eugene W

Purchase Details

Closed on
May 1, 1986

Purchase Details

Closed on
Jan 1, 1985

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
Farris Acquisitions Llc $56,500 Chase T&E Svcs Llc
Almumen Fatemah A A A A $51,000 Golden Title
Cth Group Llc $25,000 None Available
Schlater Family Homes Llc $23,000 Resource
Washington Mutual Bank $56,000 None Available
Robinson Trudene $87,000 Pillar Titl
S & D Homes Llc -- Pillar Title
Decamp Steven $25,500 Chicago Title
Cosby Ii Garry W $72,000 --
Fields Eugene W -- --
-- -- --
-- $33,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Acquisitions Llc $124,250
Closed Farris Acquisitions Llc $87,500
Previous Owner New Perspective Asset Management Llc $17,000
Previous Owner Schlater Family Homes Llc $45,000
Previous Owner Robinson Trudene $73,950
Previous Owner Decamp Steven $263,000
Previous Owner Decamp Steven $38,000
Previous Owner Cosby Ii Garry W $57,600
Previous Owner Cosby Ii Garry W $7,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2013 11/08/13 Sold $25,000 -37.3% $10 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
07/05/2012 07/05/12 For Sale $39,900 -- $17 / 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 $3,589 $52,400 $5,390 $47,010
2023 $2,371 $52,395 $5,390 $47,005
2022 $1,176 $22,120 $2,240 $19,880
2021 $1,256 $22,120 $2,240 $19,880
2020 $1,179 $22,120 $2,240 $19,880
2019 $9,433 $18,420 $1,860 $16,560
2018 $2,881 $18,420 $1,860 $16,560
2017 $1,463 $18,420 $1,860 $16,560
2016 $783 $11,520 $2,170 $9,350
2015 $713 $11,520 $2,170 $9,350
2014 $714 $11,520 $2,170 $9,350
2013 $392 $12,810 $2,415 $10,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212023007

Columbus and Central Ohio Regional MLS

APN: 010-052135