$110,000
SOLD FEB 11, 2025

1226 Parsons Ave Unit 1226 1/2 Columbus, OH 43206

Karns Park Neighborhood
-- Bed
-- Bath
1,412 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

27% Below List Price

366 Days on Market

About This Home

As of February 2025

Under 2024 rezoning- now part of Urban Center (UCT) district which allows for 5 story redevelopment, 7 story with Affordable Housing (see docs). Rare opportunity to own a 3 unit (2 apartments & 1 retail) mixed use commercial building in an Opportunity Zone and in close proximity to Nationwide Children's Hospital. Currently 1 Retail unit (first floor with road frontage and a 1/2 bath) and 2 apartments (1 unit upstairs & 1 first floor- each with a full bath). Previously a barbershop/ cell store. Off street parking in the rear. Should be eligible for Ohio's 10% tax credit! Agent has an ownership interest.

Last Agent to Sell the Property

Chris Macisco

RESCO Realty License #2009004513 Listed on: 09/12/2024

Last Buyer's Agent

Jeff Ramm

Coldwell Banker Realty License #2019000077

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $346

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,412 Sq Ft Home

Community Details

  • 3 Units
  • Operating Expense $1,600

Listing and Financial Details

  • Assessor Parcel Number 010-053035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$346

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.1
  • Co List Office Phone: 614-457-9811
  • MLS Status: Closed
  • Subdivision Name: Edge of German Village, Merion Village and Schumacher Place
  • Annual Expenses: 1600.0
  • General Property Info Building Sq Ft: 1412.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-053035
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 1600.0

Tax Info

  • Tax Annual Amount: 346.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Feb 10, 2025
Sold by
Bushwood Parsons Ltd
Bought by
Equity Trust and Ronald Day Ira
Seller's Agent
Chris Macisco
RESCO Realty
Buyer's Agent
Jeff Ramm
Coldwell Banker Realty
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%
Total Days on Market
366
Views
104
Current Estimated Value
$110,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Murphy Steven M
Bought by
Bushwood Parsons Ltd

Purchase Details

Closed on
Jul 18, 2005
Sold by
D & R Real Estate Ltd
Bought by
Murphy Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,750
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2000
Sold by
Harless Joseph E and Harless Peggy
Bought by
D & R Real Estate Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,300
Interest Rate
7.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1978
Bought by
Harless Joseph E
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 $110,000 Monarch Title Services
Warranty Deed $12,500 None Available
Warranty Deed $53,000 Hummel Titl
Warranty Deed $37,000 Chicago Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,750 Commercial
Previous Owner $8,250 Credit Line Revolving
Previous Owner $33,300 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $110,000 -12.0% $78 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
12/10/2024 12/10/24 Price Changed $125,000 -5.9% $89 / Sq Ft
12/02/2024 12/02/24 Price Changed $132,900 -3.6% $94 / Sq Ft
10/01/2024 10/01/24 Price Changed $137,900 -1.4% $98 / Sq Ft
05/20/2024 05/20/24 Price Changed $139,900 -6.7% $99 / Sq Ft
01/22/2024 01/22/24 For Sale $150,000 -- $106 / 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 $447 $6,020 $5,460 $560
2023 $440 $6,020 $5,460 $560
2022 $346 $4,620 $3,990 $630
2021 $348 $4,620 $3,990 $630
2020 $346 $4,620 $3,990 $630
2019 $346 $4,200 $3,640 $560
2018 $1,215 $4,200 $3,640 $560
2017 $956 $4,200 $3,640 $560
2016 $1,566 $17,500 $3,640 $13,860
2015 $2,085 $17,500 $3,640 $13,860
2014 $1,413 $17,500 $3,640 $13,860
2013 $700 $17,500 $3,640 $13,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224001861

Columbus and Central Ohio Regional MLS

APN: 010-053035