$462,500
279 Richards Circle
Delaware, OH 43015
MLS# 225022595
Status: Closed



279-281 Richards Circle
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279-281 Richards Circle 279-281 Richards Circle 279 Side 279 Deck Rear of Twin Single Third Acre Lot Deep Backyard Deep Yard Living Room of 279 Living Room of 279 Living Room of 279 Living Room of 279 First Floor Hall Half Bath First Floor Half Bath First Floor Kitchen Kitchen Eat In Area Kitchen Kitchen Upstairs Hall First Floor Closet & Garage Entry Primary Bedroom Up Primary Bedroom Up Primary Bedroom Up Primary BR Dressing Area Walk In Closet Full Bath Up Full Bath Up Full Bath Up Full Bath Up Hallway Up Hallway Up Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 3 Bedroom 3 BR 3 Double Closet Full Basement Full Basement W/D Hook Up in Rear Full Basement Upstair Primary Bedroom of 281 Richards Primary BR Upstairs of 281 281 Richards Circle Full Bath Up of 281 Richards Circle LLP_1698 281 Richards 281 Richards 281 Richards 281 Richards Upstairs Bedroom Half Bath 281 Richards Half Bath 281 Richards Living Room of 281 Richards Living Room of 281 Richards Full Bath Up of 281 Richards Circle Neighborhood Elementary School Robert Schultz Elementary Robert Schultz Elementary School Playground

Property Description
TWIN SINGLE FOR SALE!! Attention Investors or Buyers looking to offset their mortgage with with rental income you'll want to check out this 6 Bedroom Duplex in Applegate Bend: a subdivision with duplexes, single family homes and the Robert E Schultz Elementary School about 1 mile from the heart of Historic Delaware and Ohio Wesylan University. 279 and 281 Richards Circle each feature 3 Bedrooms, 1 Full Bath on Upper Level and a Half Bath on Main Levels with nice size eat in Kitchens & Living Rooms, a full basement with laundry hook ups, a 1 car attached garage and a wood deck with huge backyards on each side. The 279 Side was just remodeled is vacant and ready for new occupant. Updates include: fresh paint throughout, new counter tops, new carpet, window glass, new garage door w/auto opener & keyless remote and more. The 281 Side is rented month to month. The HVAC system is brand new on this side and the unit was remodeled a few years ago, carpet was replaced recently and the appliances are about 7 years old. The entire roof was replaced 7 years ago. The tree lined lot at the rear is over a third acre! 279 Richards Circle is available to tour. Please do not disturb tenants on the 281 side.

Details
Maps
Location & Property Info
List Price/SqFt: 182.39
City (Mailing Addr): Delaware
Corp LimitPerAuditor: Delaware
Office/Contract Info
For Sale: Yes
Exchange: Yes
General Property Info
# of Buildings: 1
Occupancy Rate: 50
Built Prior to 1978: No
Total Parking: 4
Building Sqft: 2681
Number of Units: 2
Year Built: 1998
Acreage: 0.36
Tax Info
Zoning: Residential
Mult Parcels/Sch Dis: No
Tax Abatement: No
Taxes (Yrly): 6405
Parcel #: 519-343-03-009-000
Tax Year: 2024
Remarks & Misc
Property Description: TWIN SINGLE FOR SALE!! Attention Investors or Buyers looking to offset their mortgage with with rental income you'll want to check out this 6 Bedroom Duplex in Applegate Bend: a subdivision with duplexes, single family homes and the Robert E Schultz Elementary School about 1 mile from the heart of Historic Delaware and Ohio Wesylan University. 279 and 281 Richards Circle each feature 3 Bedrooms, 1 Full Bath on Upper Level and a Half Bath on Main Levels with nice size eat in Kitchens & Living Rooms, a full basement with laundry hook ups, a 1 car attached garage and a wood deck with huge backyards on each side. The 279 Side was just remodeled is vacant and ready for new occupant. Updates include: fresh paint throughout, new counter tops, new carpet, window glass, new garage door w/auto opener & keyless remote and more. The 281 Side is rented month to month. The HVAC system is brand new on this side and the unit was remodeled a few years ago, carpet was replaced recently and the appliances are about 7 years old. The entire roof was replaced 7 years ago. The tree lined lot at the rear is over a third acre! 279 Richards Circle is available to tour. Please do not disturb tenants on the 281 side.
Status Change Info
Sold Price/SqFt: 172.51
Under Contract Date: 2025-07-08
Sold Date: 2025-09-04
Sold Price: $462,500
Income/Expenses
Gross Income: 33000
Net Operating Income: 24200
Total Expenses: 8800
Addl Acceptance Cond
None Known: 1
Financials
Financials ForYearOf: 2024
Gross Rental Income: 33000
Effective Income: 24200
Expenses
R.E. Taxes: 6404.6
Construction
Block: 1
Frame: 1
Vinyl Siding: 1
3 Bedroom
3 Bedroom # of Units: 2
Heat Fuel
Gas: 1
Parking Features
2 Car Garage: 1
Attached Garage: 1
Garage Door Opener: 1
Shared Driveway: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Miscellaneous
Basement: 1
Garages: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 499000
Sold Price: $462,500
Property Sub Type: Duplex
Street #: 279
Street Name: Richards
Street Suffix: Circle
County: Delaware
State: OH
Zip Code: 43015
Subdiv/Cmplx/Comm: Applegate Bend
School District: DELAWARE CSD 2103 DEL CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-06-20
Property Features
Addl Acceptance Cond: None Known
Parking Features: 2 Car Garage; Attached Garage; Garage Door Opener; Shared Driveway
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Block; Frame; Vinyl Siding
Water Source: Public
Sewer: Public Sewer
Miscellaneous: Basement; Garages; W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided

Listing Office: RE/MAX Affiliates, Inc.
Listing Agent: Linda M Rano-Jonard

Last Updated: September - 11 - 2025

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