NOT LISTED FOR SALE

1340 W State St Unit 342 Columbus, OH 43222

Franklinton Neighborhood

Estimated Value: $135,661 - $256,000

4 Beds
2 Baths
1,488 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $28,000 $19 Per Sq Ft

Est. 567% increase in value since last sale

Current estimated payment $1,034/month

130 Days on Market

About This Home

As of October 2015

Great Investment Property...Great Cash Flow !!! Both Units Currently Rented at $450/month.... Close to the park...Curb offers only

Last Agent to Sell the Property

Alan Jones

RE/MAX Achievers License #0000300555 Listed on: 05/18/2015

RE/MAX Achievers

Last Buyer's Agent

Richard Barnett

RE/MAX Main Street License #0000266747

RE/MAX Main Street

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1915

Lot Details

  • 1,307 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,488 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-057908

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $660
  • Gross Income $10,800
  • Net Operating Income $10,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$660

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.03
  • Total Gross Income: 10800.0
  • Co List Office Phone: 614-848-9400
  • MLS Status: Closed
  • Income Expenses Gross Income: 10800.0
  • Annual Expenses: 660.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1488.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-057908
  • Lot Size Sq Ft: 1306.8

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10140.0
  • Annual Operating Expense: 660.0

Tax Info

  • Tax Annual Amount: 660.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2020
Sold by
Bgmb Shllta Llc
Bought by
Fton Llc
Total Days on Market
130
Current Estimated Value
$186,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2015
Closed on
Nov 25, 2015
Sold by
Msda Real Estate Llc
Bought by
Bgmb Shlita Llc
Seller's Agent
Alan Jones
RE/MAX Achievers
Buyer's Agent
Richard Barnett
RE/MAX Main Street
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%

Purchase Details

Listed on
May 18, 2015
Closed on
Oct 14, 2015
Sold by
1340 State St Llc
Bought by
Msda Real Estate Llc
Seller's Agent
Alan Jones
RE/MAX Achievers
Buyer's Agent
Richard Barnett
RE/MAX Main Street
List Price
$35,000
Sold Price
$28,000
Premium/Discount to List
-$7,000
-20%

Purchase Details

Closed on
Aug 24, 2011
Sold by
Cohen Matthew
Bought by
1340 States St Llc

Purchase Details

Closed on
Mar 16, 2001
Sold by
Household Realty Corp
Bought by
Cohen Matthew

Purchase Details

Closed on
Jun 28, 2000
Sold by
Stevens Daniel H
Bought by
Household Realty Corp

Purchase Details

Closed on
Dec 13, 1994
Sold by
Paeltz Stephen D
Bought by
Stevens Daniel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 1990

Purchase Details

Closed on
Oct 1, 1985
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
Fton Llc $78,800 Northwest Select Ttl Agcy Ll
Bgmb Shlita Llc $30,400 None Available
Msda Real Estate Llc $28,000 None Available
1340 States St Llc -- None Available
Cohen Matthew $24,000 Amerititle East
Household Realty Corp -- --
Stevens Daniel H $32,000 --
-- $25,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fton Llc $118,750
Closed Fton Llc $63,000
Previous Owner Cohon Matthew $30,000
Previous Owner Stevens Daniel H $65,757
Previous Owner Stevens Daniel H $15,100
Previous Owner Stevens Daniel H $25,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2015 10/14/15 Sold $28,000 -20.0% $19 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $35,000 -- $24 / 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 $584 $44,700 $3,920 $40,780
2023 $577 $44,695 $3,920 $40,775
2022 $532 $21,700 $1,190 $20,510
2021 $554 $10,010 $1,190 $8,820
2020 $534 $10,010 $1,190 $8,820
2019 $520 $8,370 $1,020 $7,350
2018 $260 $8,370 $1,020 $7,350
2017 $763 $8,370 $1,020 $7,350
2016 $1,005 $10,650 $1,510 $9,140
2015 $329 $10,650 $1,510 $9,140
2014 $660 $10,650 $1,510 $9,140
2013 $362 $11,830 $1,680 $10,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215016730

Columbus and Central Ohio Regional MLS

APN: 010-057908