NOT LISTED FOR SALE

150 E 13th Ave Columbus, OH 43201

Studio
-- Bath
10,440 Sq Ft
7,405 Sq Ft Lot

Last Sold March 09, 2020

Last sale price $1,720,000 $165 Per Sq Ft

8 Days on Market

About This Home

As of March 2020

''The Hub'' consists of 23 - 320 SF studio apartments located a block east of N. High St. in the heart of the OSU off-campus student housing area. T he property has received focused capital expenditures that include new gutter and surface drainage systems on the east side of the building, paint to exterior trim and gutters and all interior hallways and ceilings. Thirteen units have been renovated with new kitchen cabinets, granite counter tops, LVT wood plank flooring throughout and new bathroom vanity and tile tub surround. The property offers a common laundry room with coin-operated machines and four off-street parking spaces. The property is sub-metered for electric and each tenant pays an additional $25/month water fee. The property is currently 100% occupied for the 19-20 school year

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 01/21/2020

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $21,551

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 10,440 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Utilities

  • Cooling Available
  • Radiant Heating System
  • Gas Available

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for gas, trash collection
  • Assessor Parcel Number 010-006240

Community Details

Overview

  • 23 Units

Building Details

  • Operating Expense $73,417
  • Gross Income $192,870
  • Net Operating Income $119,453

Property Details

Home Type

Apartment

Est. Annual Taxes

$21,551

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1966
  • Tax Year: 2019
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.17
  • Total Gross Income: 192870.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 165.23
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 192870.0
  • Annual Expenses: 73417.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 10440.0
  • Miscellaneous Basement2: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Trash2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Brick2: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-006240
  • Lot Size Sq Ft: 7405.2

Rental Info

  • Owner Pays: Gas, Trash Collection

Multi Family

  • Number Of Units Total: 23
  • Net Operating Income: 119453.0
  • Annual Operating Expense: 73417.0

Tax Info

  • Tax Annual Amount: 21551.0
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Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $1,720,000 -0.3% $165 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $1,725,000 -- $165 / 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 $36,185 $487,520 $30,800 $456,720
2023 $35,612 $487,520 $30,800 $456,720
2022 $25,592 $341,260 $23,350 $317,910
2021 $25,702 $341,260 $23,350 $317,910
2020 $25,526 $341,260 $23,350 $317,910
2019 $21,620 $262,510 $17,960 $244,550
2018 $10,776 $262,510 $17,960 $244,550
2017 $21,596 $262,510 $17,960 $244,550
2016 $24,520 $281,760 $17,960 $263,800
2015 $11,383 $281,760 $17,960 $263,800
2014 $22,756 $281,760 $17,960 $263,800
2013 $11,275 $281,750 $17,955 $263,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220001816

Columbus and Central Ohio Regional MLS