NOT LISTED FOR SALE

123 S Princeton Ave Unit 5 Columbus, OH 43222

Franklinton Neighborhood

Estimated Value: $243,000 - $290,000

4 Beds
2 Baths
2,319 Sq Ft
$112/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $219,500 $95 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,525/month

42 Days on Market

About This Home

As of December 2021

123-125 S. Princeton is a Renovated Duplex in rapidly appreciating Franklinton! Long term property tax abatement in place on property. Existing professional property manager in place. One unit Occupied Section 8 at $950. Another unit renovated and ready to rent. Market rents around $1,100. Guardian Water and Power water meters in place. Curb offers only-do not disturb tenants. Offers must include proof of funds to be considered. Replace roof, windows, fascia/soffit, cabinets, flooring, most plumbing, furnaces, and water heaters. Rebuilt front porch. New concrete steps and walks in front.

Last Agent to Sell the Property

Joan Elfein

Ohio Broker Direct, LLC License #386319 Listed on: 10/29/2021

Last Buyer's Agent

Zeke Liston

Verti Commercial Real Estate L License #2019005269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $838

Year Built

  • Built in 1913

Lot Details

  • 3,920

Parking

  • 2 Parking Spaces

Home Design

  • 2,319 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 3,920 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-051573

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $838
  • Gross Income $11,400
  • Net Operating Income $10,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$838

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1913
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 11400.0
  • Co List Office Phone: 614-989-7215
  • MLS Status: Closed
  • Subdivision Name: Franklinton
  • Income Expenses Gross Income: 11400.0
  • Annual Expenses: 838.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2319.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-051573
  • Lot Size Sq Ft: 3920.4

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10562.0
  • Annual Operating Expense: 838.0

Tax Info

  • Tax Annual Amount: 838.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2021
Sold by
Forgner Llc
Bought by
Schrock Estate Limited
Current Estimated Value
$260,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2020
Sold by
Forman Patricia
Bought by
Forgner Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2020
Sold by
West Side Opportunity Fund Llc
Bought by
Forman Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2019
Sold by
Forgner Llc
Bought by
West Side Opportunity Fund Llc

Purchase Details

Closed on
Dec 27, 2018
Sold by
Champagne Homes
Bought by
Forgner Llc

Purchase Details

Closed on
Nov 28, 2018
Sold by
Bethel Robert P and Bethel Sherri A
Bought by
Champagne Homes Inc

Purchase Details

Closed on
Aug 25, 2004
Sold by
Buttimer Robert J
Bought by
Bethel Iii Robert P and Bethel Sherri A

Purchase Details

Closed on
May 5, 1994
Bought by
Buttimer Robert J

Purchase Details

Closed on
Jun 22, 1992

Purchase Details

Closed on
Oct 9, 1990
Source: Public Records

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Range of Values:

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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
Schrock Estate Limited $219,500 Contract Processing & Title
Forgner Llc -- None Available
Forman Patricia $95,000 None Available
West Side Opportunity Fund Llc -- None Available
Forgner Llc $75,000 Contract Professing & Title
Champagne Homes Inc $45,000 Contract Processing & Title
Bethel Iii Robert P $14,500 Title First
Buttimer Robert J $30,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schrock Estate Limited $175,000
Previous Owner Forman Patricia $71,250
Previous Owner Bethel Iii Robert P $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $219,500 -8.4% $95 / Sq Ft
10/29/2021 10/29/21 For Sale $239,500 -- $103 / 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 $953 $83,160 $6,440 $76,720
2023 $941 $83,160 $6,440 $76,720
2022 $1,253 $33,260 $1,370 $31,890
2021 $837 $31,400 $1,370 $30,030
2020 $838 $31,400 $1,370 $30,030
2019 $816 $13,130 $1,160 $11,970
2018 $711 $13,130 $1,160 $11,970
2017 $741 $13,130 $1,160 $11,970
2016 $666 $9,810 $1,300 $8,510
2015 $607 $9,810 $1,300 $8,510
2014 $608 $9,810 $1,300 $8,510
2013 $333 $10,885 $1,435 $9,450
Source: Public Records

Agents Affiliated with this Home

  • Joan Elfein

    Seller's Agent in 2021

    Joan Elfein

    Ohio Broker Direct, LLC

    (614) 989-7215

    16 in this area

    1,682 Total Sales

    Joan Elfein
    Section Image
  • Zeke Liston

    Buyer's Agent in 2021

    Zeke Liston

    Verti Commercial Real Estate L

    (740) 509-3053

    11 in this area

    228 Total Sales

    Zeke Liston
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221042908

Columbus and Central Ohio Regional MLS

APN: 010-051573

Ohio Franklin County Columbus 43222 Franklinton

123 S Princeton Ave Unit 5, Columbus, OH

This home is located at 123 S Princeton Ave Unit 5, Columbus, OH 43222 since 29 October 2021 and is currently estimated at $260,677, approximately $112 per square foot. This property was built in 1913. 123 S Princeton Ave Unit 5 is a home located in Franklin County with nearby schools including Starling PK-8, West High School, and Central High School.

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