NOT LISTED FOR SALE

1501 Franklin Ave Unit 503 Columbus, OH 43205

Franklin Park Neighborhood

Estimated Value: $427,000 - $472,000

3 Beds
1 Bath
1,204 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $120,000 $100 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $2,805/month

About This Home

As of June 2017

This home is located at 1501 Franklin Ave Unit 503, Columbus, OH 43205 since 07 June 2017 and is currently priced at $442,632. This property was built in 1900. 1501 Franklin Ave Unit 503 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

Last Agent to Rent the Property

Daniel Lim

List Listed on: 06/07/2017

Last Renter's Agent

Daniel Lim

List Listed on: 06/07/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 1,204 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Community Details

  • Pets allowed on a case-by-case basis
  • Pets up to 50 lbs

Listing and Financial Details

  • Security Deposit $1,100
  • Property Available on 6/7/17
  • No Smoking Allowed
  • 12 Month Lease Term
  • Assessor Parcel Number 010-007325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,598

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Furnished: No
  • Pets: Weight Limit: 50
  • Lease Term: 12 Months

Listing Details

  • Type: Residential Lease
  • Year Built: 1900
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.12
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Subdivision Name: Franklin Park
  • Unit Levels: Two
  • New Construction: No
  • Basement Basement YN2: Yes
  • Foundation Stone2: Yes
  • General Property Info Furnished: No
  • General Property Info Security Deposit2: Yes
  • General Property Info Security Deposit Amt: 1100.0
  • General Property Info Pets: Yes - Negotiable
  • General Property Info Smoking Permitted: No
  • Rental Term Available Date: 2017-06-07
  • Rental Term 1 Year: Yes
  • Levels Two2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Basement Description:Partial: Yes

Exterior Features

  • Foundation Details: Stone

Garage/Parking

  • Parking Features On Street2: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-007325
  • Lot Size Sq Ft: 5227.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Daniel Lim
Bought by
Tuxedo Holdings Llc
Current Estimated Value
$442,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2022
Sold by
Daniel Lim
Bought by
Tuxedo Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2022
Sold by
Tuxedo Holdings Llc
Bought by
Lim Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2022
Sold by
Tuxedo Holdings Llc
Bought by
Lim Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2020
Sold by
Golden Lion Investments Llc
Bought by
Tuxedo Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 2, 2016
Sold by
Lim David
Bought by
Daesan Investments Llc
Seller's Agent
Vincent Graves
List
Buyer's Agent
Daniel Lim
List
List Price
$125,000
Sold Price
$87,000
Premium/Discount to List
-$38,000
-30.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%

Purchase Details

Listed on
Oct 20, 2015
Closed on
Jan 20, 2016
Sold by
Nallie Sonja
Bought by
Lim David
Seller's Agent
Vincent Graves
List
Buyer's Agent
Daniel Lim
List
List Price
$125,000
Sold Price
$87,000
Premium/Discount to List
-$38,000
-30.4%

Purchase Details

Closed on
Mar 29, 2011
Sold by
Nallie Ronald E
Bought by
Nallie Sonja

Purchase Details

Closed on
Jul 1, 2008
Sold by
Hsbc Mortgage Services Inc
Bought by
Nallie Ronald E

Purchase Details

Closed on
Oct 24, 2007
Sold by
Woody Robert and Case #07Cve03 3856
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Apr 7, 2005
Sold by
Woody Robert and Knox Priscilla
Bought by
Woody Robert and Knox Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1999
Sold by
S & J General Partnership Cvii
Bought by
Woody Robert and Knox Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
11.85%

Purchase Details

Closed on
Aug 9, 1984
Bought by
S&J General Partnership

Purchase Details

Closed on
Jun 1, 1984

Purchase Details

Closed on
Sep 1, 1983
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
Tuxedo Holdings Llc -- Meyer Carl J
Tuxedo Holdings Llc -- Meyer Carl J
Lim Daniel -- Associates Title
Lim Daniel -- Associates Title
Tuxedo Holdings Llc $299,900 Associates Title Inc
Daesan Investments Llc -- Great American Title
Lim David $87,000 Great American Title
Nallie Sonja -- None Available
Nallie Ronald E $5,900 Sovereign
Hsbc Mortgage Services Inc $40,000 None Available
Woody Robert -- Archer
Woody Robert $29,900 First Ohio Title Services In
S&J General Partnership $7,000 --
-- $5,100 --
-- $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Daniel $322,000
Closed Lim Daniel $322,000
Previous Owner Tuxedo Holdings Llc $224,900
Previous Owner Tuxedo Holdings Llc $299,900
Previous Owner Woody Robert $83,000
Previous Owner Woody Robert $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Off Market $1,100 -- --
06/07/2017 06/07/17 Rented $1,100 0.0% --
06/07/2017 06/07/17 For Rent $1,100 0.0% --
07/25/2016 07/25/16 Sold $120,000 -19.5% $50 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $149,000 +71.3% $62 / Sq Ft
01/20/2016 01/20/16 Sold $87,000 -30.4% $36 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $125,000 -- $52 / 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 $5,598 $122,150 $39,410 $82,740
2023 $5,528 $122,150 $39,410 $82,740
2022 $5,578 $104,970 $6,410 $98,560
2021 $5,588 $104,970 $6,410 $98,560
2020 $2,593 $45,820 $6,410 $39,410
2019 $2,431 $36,690 $5,150 $31,540
2018 $1,214 $36,690 $5,150 $31,540
2017 $2,620 $36,690 $5,150 $31,540
2016 $2,003 $29,860 $4,410 $25,450
2015 $911 $29,860 $4,410 $25,450
2014 $1,826 $29,860 $4,410 $25,450
2013 $818 $27,125 $3,990 $23,135
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2017

    Daniel Lim

    List

  • V

    Seller's Agent in 2016

    Vincent Graves

    List

  • C

    Seller Co-Listing Agent in 2016

    Christopher Hannon

    List

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217019512

Columbus and Central Ohio Regional MLS

APN: 010-007325

Ohio Franklin County Columbus 43205 Franklin Park

1501 Franklin Ave Unit 503, Columbus, OH

This home is located at 1501 Franklin Ave Unit 503, Columbus, OH 43205 since 07 June 2017 and is currently priced at $442,632. This property was built in 1900. 1501 Franklin Ave Unit 503 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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