NOT LISTED FOR SALE

1278 Parsons Ave Unit 278 Columbus, OH 43206

Karns Park Neighborhood

Estimated Value: $180,000 - $268,000

3 Beds
2 Baths
1,496 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $145,000 $97 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,165/month

20 Days on Market

About This Home

As of July 2021

This fully rented up and down brick duplex sits in a prime location close to restaurants and retail shops in an area of city re-development and growth. Each unit is a 1Bd/1BA unit. Rents are $585 (month to month) and $650 (lease ends 10/31/21).

Last Agent to Sell the Property

Rich Russo

Rich Russo Realty & Co. License #0700427811 Listed on: 06/18/2021

Co-Listed By

Jennifer Krohn

Rich Russo Realty & Co. License #2005007340

Last Buyer's Agent

Trent Ecklar

The Columbus Agents License #2014005354

The Columbus Agents

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $323

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,496 Sq Ft Home
  • Duplex

Community Details

  • 2 Units
  • Gross Income $14,820

Listing and Financial Details

  • Assessor Parcel Number 010-028735

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$323

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.05
  • Total Gross Income: 14820.0
  • Co List Office Mls Id: 11055
  • Co List Office Phone: 614-937-8699
  • Co List Office Phone: 614-937-8699
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 83.49
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 14820.0
  • General Property Info Building Sq Ft: 1496.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-028735
  • Lot Size Sq Ft: 2178.0

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 323.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
1278 Parsons Avenue Llc
Bought by
Delmatto Marissa Lynn
Current Estimated Value
$213,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Outstanding Balance
$186,265
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$27,135

Purchase Details

Closed on
Mar 17, 2023
Sold by
1278 Parsons Avenue Llc
Bought by
Delmatto Marissa Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Outstanding Balance
$186,265
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$27,135

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 21, 2021
Sold by
Parsons Holdings Llc
Bought by
1278 Parsons Avenue Llc
Seller's Agent
Rich Russo
Rich Russo Realty & Co.
Buyer's Agent
Trent Ecklar
The Columbus Agents
List Price
$124,900
Sold Price
$145,000
Premium/Discount to List
$20,100
16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$116,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 21, 2017
Sold by
Gogan Group Llc
Bought by
Parsons Holdings Llc

Purchase Details

Closed on
Jan 12, 2016
Sold by
Ed Ross Construction Co
Bought by
Cogan Group Llc

Purchase Details

Closed on
May 21, 1998
Sold by
Brehmer John O
Bought by
Ed Rose Construction Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delmatto Marissa Lynn $202,000 Associates Title
Delmatto Marissa Lynn $202,000 Associates Title
1278 Parsons Avenue Llc -- Service Title Agency Llc
Parsons Holdings Llc -- None Available
Cogan Group Llc $15,000 Clean Title Agency Inc
Ed Rose Construction Company $21,500 Celtic Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delmatto Marissa Lynn $191,900
Closed Delmatto Marissa Lynn $191,900
Previous Owner 1278 Parsons Avenue Llc $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2021 07/26/21 Sold $145,000 +16.1% $97 / Sq Ft
06/02/2021 06/02/21 For Sale $124,900 -- $83 / 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 $459 $10,230 $2,490 $7,740
2023 $463 $10,230 $2,490 $7,740
2022 $354 $6,060 $2,100 $3,960
2021 $323 $6,060 $2,100 $3,960
2020 $323 $6,060 $2,100 $3,960
2019 $326 $5,250 $1,820 $3,430
2018 $163 $5,250 $1,820 $3,430
2017 $326 $5,250 $1,820 $3,430
2016 $713 $10,500 $1,820 $8,680
2015 $325 $10,500 $1,820 $8,680
2014 $651 $10,500 $1,820 $8,680
2013 $321 $10,500 $1,820 $8,680
Source: Public Records

Agents Affiliated with this Home

  • Rich Russo

    Seller's Agent in 2021

    Rich Russo

    Rich Russo Realty & Co.

    (614) 937-8699

    9 in this area

    301 Total Sales

    Rich Russo
    Section Image
  • Jennifer Krohn

    Seller Co-Listing Agent in 2021

    Jennifer Krohn

    Rich Russo Realty & Co.

    (614) 439-1129

    9 in this area

    223 Total Sales

    Jennifer Krohn
    Section Image
  • Trent Ecklar

    Buyer's Agent in 2021

    Trent Ecklar

    The Columbus Agents

    (614) 917-7800

    9 in this area

    225 Total Sales

    Trent Ecklar
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221018922

Columbus and Central Ohio Regional MLS

APN: 010-028735

Ohio Franklin County Columbus 43206 Karns Park

1278 Parsons Ave Unit 278, Columbus, OH

Not Listed for Sale

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