$87,000
SOLD JAN 20, 2016

1501 Franklin Ave Unit 503 Columbus, OH 43205

Franklin Park Neighborhood
-- Bed
-- Bath
2,408 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

30% Below List Price

57 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating System
  • 4-minute walk to Kwanzaa Playground
  • Window Unit Cooling System

About This Home

As of July 2016

Fabulous Olde Towne East duplex two blocks from Franklin Park. Fully renovated in 2011 with all new mechanicals, windows, siding, and more. Both sides currently rented.

Last Agent to Sell the Property

Vincent Graves

List Listed on: 10/20/2015

Co-Listed By

Christopher Hannon

List

Last Buyer's Agent

Daniel Lim

List

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,408 Sq Ft Home
  • Fireplace
  • Basement

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $15,960

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-007325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,826

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 15960.0
  • Co List Office Mls Id: 10391
  • Co List Office Phone: 614-224-5478
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Subdivision Name: Olde Towne East
  • Income Expenses Gross Income: 15960.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2408.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

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

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1826.0

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
$433,842

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
18.91%

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 Type Sale Price Title Company
Quit Claim Deed -- Meyer Carl J
Quit Claim Deed -- Meyer Carl J
Quit Claim Deed -- Associates Title
Quit Claim Deed -- Associates Title
Warranty Deed $299,900 Associates Title Inc
Quit Claim Deed -- Great American Title
Warranty Deed $87,000 Great American Title
Interfamily Deed Transfer -- None Available
Limited Warranty Deed $5,900 Sovereign
Sheriffs Deed $40,000 None Available
Interfamily Deed Transfer -- Archer
Warranty Deed $29,900 First Ohio Title Services In
Deed $7,000 --
Deed $5,100 --
Deed $4,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Credit Line Revolving
Closed $322,000 New Conventional
Closed $322,000 New Conventional
Previous Owner $224,900 Commercial
Previous Owner $224,900 New Conventional
Previous Owner $299,900 New Conventional
Previous Owner $160,000 Future Advance Clause Open End Mortgage
Previous Owner $83,000 New Conventional
Previous Owner $67,450 Unknown
Previous Owner $55,538 Unknown
Previous Owner $48,750 No Value Available
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

    Seller'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: 215037704

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 and is currently priced at $87,000, approximately $36 per square foot. This property was built in 1920. 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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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