NOT LISTED FOR SALE

1121 Franklin Ave Unit 23 Columbus, OH 43205

Olde Towne East Neighborhood

Estimated Value: $482,975 - $651,000

6 Beds
2 Baths
3,144 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $450,000 $143 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,658/month

242 Days on Market

About This Home

As of March 2021

Fantastic renovated 2-unit brick property located in Olde Town East Area. Each side has 3 bedrooms, and one and half baths. 1123 unit side is currently rented at $1470, lease ends June 2021. 1121 unit is vacant.

Last Agent to Sell the Property

Andre Dowdy

Coldwell Banker Realty License #2004016854 Listed on: 11/18/2020

Coldwell Banker Realty

Last Buyer's Agent

Rich Russo

Rich Russo Realty & Co. License #0700427811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 1899

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 3,144 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 010-006948

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,673
  • Gross Income $34,320
  • Net Operating Income $29,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,958

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1899
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 34320.0
  • Co List Office Phone: 888-455-6040
  • MLS Status: Closed
  • Subdivision Name: HOFFMAN & MC GREW
  • Income Expenses Gross Income: 34320.0
  • Annual Expenses: 4673.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3144.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-006948
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 29647.0
  • Annual Operating Expense: 4673.0

Tax Info

  • Tax Annual Amount: 2958.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 19, 2021
Sold by
Iag Venture Ohio Llc
Bought by
Rothenberg Elisabeth
Seller's Agent
Andre Dowdy
Coldwell Banker Realty
Buyer's Agent
Rich Russo
Rich Russo Realty & Co.
List Price
$476,000
Sold Price
$450,000
Premium/Discount to List
-$26,000
-5.46%
Total Days on Market
242
Current Estimated Value
$577,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,494
Avg. Annual Appreciation
5.96%
Original Mortgage
$427,500
Outstanding Balance
$390,137
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$184,475

Purchase Details

Closed on
Dec 27, 2006
Sold by
Summerfield Homes Llc
Bought by
Community Properties Of Ohio Iii Llc

Purchase Details

Closed on
May 16, 2005
Sold by
Community Properties Of Ohio Iii Llc
Bought by
Summerfield 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
$453,266
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2003
Sold by
Citation
Bought by
Community Properties Of Ohio Llc

Purchase Details

Closed on
Oct 16, 1979
Bought by
Citation

Purchase Details

Closed on
Aug 1, 1979
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 Buyer Sale Price Title Company
Rothenberg Elisabeth $450,000 Cardinal Title Agency
Community Properties Of Ohio Iii Llc $359,000 Metropolita
Summerfield Homes Llc $2,543,100 --
Community Properties Of Ohio Llc -- Ohio Title Agency
Citation -- --
-- $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothenberg Elisabeth $427,500
Previous Owner Iag Venture Ohio Llc $220,000
Previous Owner Summerfield Homes Llc $453,266
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $450,000 -5.3% $143 / Sq Ft
12/07/2020 12/07/20 Price Changed $475,000 -0.2% $151 / Sq Ft
11/18/2020 11/18/20 For Sale $476,000 +5.8% $151 / Sq Ft
09/23/2020 09/23/20 Off Market $450,000 -- --
09/20/2020 09/20/20 Price Changed $476,000 -0.2% $151 / Sq Ft
08/19/2020 08/19/20 Price Changed $477,000 -0.6% $152 / Sq Ft
08/02/2020 08/02/20 Price Changed $480,000 -1.0% $153 / Sq Ft
07/15/2020 07/15/20 Price Changed $485,000 -1.0% $154 / Sq Ft
06/22/2020 06/22/20 For Sale $490,000 -- $156 / 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 $7,117 $155,300 $38,220 $117,080
2023 $7,178 $155,295 $38,220 $117,075
2022 $4,618 $84,070 $6,160 $77,910
2021 $3,166 $59,470 $6,160 $53,310
2020 $3,171 $59,470 $6,160 $53,310
2019 $2,958 $47,570 $4,940 $42,630
2018 $1,477 $47,570 $4,940 $42,630
2017 $2,957 $47,570 $4,940 $42,630
2016 $3,239 $47,680 $4,870 $42,810
2015 $1,475 $47,680 $4,870 $42,810
2014 $858 $13,830 $1,020 $12,810
2013 $696 $22,750 $4,410 $18,340
Source: Public Records

Agents Affiliated with this Home

  • Andre Dowdy

    Seller's Agent in 2021

    Andre Dowdy

    Coldwell Banker Realty

    (614) 584-2555

    3 in this area

    16 Total Sales

    Andre Dowdy
    Section Image
  • Rich Russo

    Buyer's Agent in 2021

    Rich Russo

    Rich Russo Realty & Co.

    8 in this area

    313 Total Sales

    Rich Russo
    Section Image
  • Jennifer Krohn

    Buyer Co-Listing Agent in 2021

    Jennifer Krohn

    Rich Russo Realty & Co.

    (614) 439-1129

    4 in this area

    235 Total Sales

    Jennifer Krohn
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220019950

Columbus and Central Ohio Regional MLS

APN: 010-006948

Ohio Franklin County Columbus 43205 Olde Towne East

1121 Franklin Ave Unit 23, Columbus, OH

This home is located at 1121 Franklin Ave Unit 23, Columbus, OH 43205 since 18 November 2020 and is currently estimated at $577,494, approximately $183 per square foot. This property was built in 1899. 1121 Franklin Ave Unit 23 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

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.

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Information is deemed reliable but not guaranteed.

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