NOT LISTED FOR SALE
Studio
-- Bath
22,810 Sq Ft
0.56 Acre Lot

Sale Details

Date Sold: June 5, 2019

Last sale price $4,000,000 $175 Per Sq Ft

14 Days on Market

About This Home

As of June 2019

16 units consisting 4 bedroom, 2 bathroom townhouses located near the southern tip of the Ohio State University Campus . Urban location with excellent Tenants. Ample parking and good visibility. Other great features: Low maintenance, impressive finishes & professionally managed. Provides a great return and is easy to manage

Last Agent to Sell the Property

Michael Linsker

Northsteppe Realty License #2009000205 Listed on: 03/18/2019

Last Buyer's Agent

Oliver Chapman

Keller Williams Consultants

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,311

Year Built

  • Built in 1965

Lot Details

  • 24,394 Sq Ft Lot

Home Design

  • 22,810 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 37 Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-003211

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • Operating Expense $84,128
  • Gross Income $403,200
  • Net Operating Income $323,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,311

Year Built

Built in 1965

Lot Details

0.56 Acres

Listing Details

  • Type: Multi-Family
  • Year Built: 1965
  • Tax Year: 2017
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.56
  • Total Gross Income: 403200.0
  • Co List Office Phone: 614-299-4110
  • MLS Status: Closed
  • Subdivision Name: OSU Campus Area
  • Location Property Info List PriceSqFt: 191.8
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 403200.0
  • Annual Expenses: 84128.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 22810.0
  • General Property Info # of Buildings: 2.0
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 37.0
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Common: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: 010-003211
  • Lot Size Sq Ft: 24393.6

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 16
  • Net Operating Income: 323804.0
  • Annual Operating Expense: 84128.0

Tax Info

  • Tax Annual Amount: 40311.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 31, 2019
Sold by
Bought by
Seller's Agent
Michael Linsker
Northsteppe Realty
Buyer's Agent
Oliver Chapman
Keller Williams Consultants
List Price
$4,375,000
Sold Price
$4,000,000
Premium/Discount to List
-$375,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$1,008,303
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,653,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 1993
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
$897,500 Title First Agency Inc
-- Title First Agency Inc
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Previous Owner $1,653,000
Previous Owner $718,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/05/2019 06/05/19 Sold $4,000,000 -8.6% $175 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $4,375,000 -- $192 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $82,470 $1,111,120 $128,490 $982,630
2024 $82,470 $1,111,120 $128,490 $982,630
2023 $81,485 $1,111,110 $128,485 $982,625
2022 $47,768 $636,970 $133,600 $503,370
2021 $49,316 $636,970 $133,600 $503,370
2020 $47,644 $636,970 $133,600 $503,370
2019 $40,357 $490,010 $102,800 $387,210
2018 $39,203 $490,010 $102,800 $387,210
2017 $40,716 $490,010 $102,800 $387,210
2016 $41,120 $472,510 $102,800 $369,710
2015 $38,178 $472,510 $102,800 $369,710
2014 $38,161 $472,510 $102,800 $369,710
2013 $18,908 $472,500 $102,795 $369,705
Source: Public Records

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219007832

Columbus and Central Ohio Regional MLS
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