NOT LISTED FOR SALE

1505 W 7th Ave Columbus, OH 43212

Fifth by Northwest Neighborhood

Estimated Value: $451,000 - $503,000

4 Beds
2 Baths
2,124 Sq Ft
$225/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $415,620 $196 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,004/month

8 Days on Market

About This Home

As of October 2023

**Interior photos available Tuesday Sept. 19th.** Estate sale. Attention investors. Up down style Grandview Heights duplex with loads of potential on beautiful street. Both units are 2 bedrooms 1 bathroom. Upstairs unit currently vacant. Downstairs unit with 12 month lease at $1,000/mo and tenant paying all utilities. Original hardwood floors. 2 car detached garage. Laundry hookups in basement.

Last Agent to Sell the Property

Oliver Chapman

Keller Williams Consultants License #2013004396 Listed on: 09/18/2023

Keller Williams Consultants

Co-Listed By

Ash Gale

Keller Williams Consultants License #2018005039

Last Buyer's Agent

Tom Weilbacher

Sorrell & Company, Inc. License #348153

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1945

Lot Details

  • 4,356

Parking

  • 2 Car Detached Garage

Home Design

  • 2,124 Sq Ft Home
  • Duplex

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Basement

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 010-005057

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $12,000
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,798

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1945
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 12000.0
  • Co List Office Mls Id: 06110
  • Co List Office Phone: 614-932-2000
  • Co List Office Phone: 614-932-2000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 176.55
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 12000.0
  • General Property Info Building Sq Ft: 2124.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Addl Acceptance Cond Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Utilities

  • Sewer: Public Sewer

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-005057
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12000.0

Tax Info

  • Tax Annual Amount: 4798.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 10, 2023
Sold by
Williams Nancy Ann Ruhl
Bought by
William Michael Company Llc
Seller's Agent
Oliver Chapman
Keller Williams Consultants
Buyer's Agent
Tom Weilbacher
Sorrell & Company, Inc.
List Price
$375,000
Sold Price
$415,620
Premium/Discount to List
$40,620
10.83%
Views
12
Current Estimated Value
$476,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,346
Avg. Annual Appreciation
6.58%

Purchase Details

Listed on
Sep 18, 2023
Closed on
Sep 21, 2023
Sold by
Williams Nancy Ann Ruhl
Bought by
William Michael Company Llc
Seller's Agent
Oliver Chapman
Keller Williams Consultants
Buyer's Agent
Tom Weilbacher
Sorrell & Company, Inc.
List Price
$375,000
Sold Price
$415,620
Premium/Discount to List
$40,620
10.83%
Views
12

Purchase Details

Closed on
Dec 17, 1987
Bought by
Williams Nancy A R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
William Michael Company Llc $415,620 Columbus Title
William Michael Company Llc $415,620 Columbus Title
Williams Nancy A R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2023 10/10/23 Sold $415,620 +10.8% $196 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $375,000 -- $177 / 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 $5,942 $125,550 $47,880 $77,670
2023 $5,119 $125,550 $47,880 $77,670
2022 $4,798 $102,210 $21,670 $80,540
2021 $4,808 $102,210 $21,670 $80,540
2020 $4,815 $102,210 $21,670 $80,540
2019 $5,109 $92,970 $21,670 $71,300
2018 $4,249 $92,970 $21,670 $71,300
2017 $5,106 $92,970 $21,670 $71,300
2016 $3,745 $65,280 $18,550 $46,730
2015 $3,399 $65,280 $18,550 $46,730
2014 $3,408 $65,280 $18,550 $46,730
2013 $1,783 $68,705 $19,530 $49,175
Source: Public Records

Agents Affiliated with this Home

  • Oliver Chapman

    Seller's Agent in 2023

    Oliver Chapman

    Keller Williams Consultants

    (614) 738-0325

    2 in this area

    82 Total Sales

    Oliver Chapman
    Section Image
  • Ash Gale

    Seller Co-Listing Agent in 2023

    Ash Gale

    Keller Williams Consultants

    (614) 600-0877

    1 in this area

    57 Total Sales

    Ash Gale
    Section Image

  • T

    Buyer's Agent in 2023

    Tom Weilbacher

    Sorrell & Company, Inc.

    (614) 488-0707

    1 in this area

    2 Total Sales

    Tom Weilbacher
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223030526

Columbus and Central Ohio Regional MLS

APN: 010-005057

Ohio Franklin County Columbus 43212 Fifth by Northwest

1505 W 7th Ave, Columbus, OH

Not Listed for Sale

MultiFamily

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