$70,000
SOLD MAY 15, 2014

1534 Franklin Ave Unit 536 Columbus, OH 43205

Franklin Park Neighborhood
-- Bed
-- Bath
2,080 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

18% Below List Price

40 Days on Market

About This Home

As of July 2024

2- 2 bedroom 1 bath units. New Hot Water Tanks, newer windows
Both units currently rented
1536 for $555/month
1534 for $575/month

Last Agent to Sell the Property

Barbara Russell

RE/MAX ONE Listed on: 03/12/2014

Last Buyer's Agent

James Meyer

Cutler Real Estate License #448453

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $492

Year Built

  • Built in 1900

Parking

  • On-Street Parking

Home Design

  • 2,080 Sq Ft Home
  • Duplex

Additional Features

  • 5,663 Sq Ft Lot
  • No Cooling

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-044405

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,500
  • Gross Income $13,200
  • Net Operating Income $10,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$492

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2013
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 13200.0
  • Co List Office Phone: 614-694-0255
  • MLS Status: Closed
  • Income Expenses Gross Income: 13200.0
  • Annual Expenses: 2500.0
  • General Property Info Building Sq Ft: 2080.0
  • Construction Block3: Yes
  • Air Conditioning None3: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-044405
  • Lot Size Sq Ft: 5662.8

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10700.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 492.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jun 20, 2024
Sold by
Lee & Eddy Llc
Bought by
Jackson Douglas A
Seller's Agent
Tyler Gunnell
Carleton Realty, LLC
Buyer's Agent
Jenne Ross
Rich Russo Realty & Co.
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Views
2
Current Estimated Value
$386,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,527
Avg. Annual Appreciation
6.08%
Original Mortgage
$273,750
Outstanding Balance
$271,695
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$116,867

Purchase Details

Closed on
Jun 12, 2015
Sold by
Leonette Paul A
Bought by
Lee & Eddy Llc

Purchase Details

Listed on
Mar 12, 2014
Closed on
Jun 4, 2014
Sold by
Leonette Paul A and Leonette Paula M
Bought by
Leonette Paul A
Seller's Agent
Barbara Russell
RE/MAX ONE
Buyer's Agent
James Meyer
Cutler Real Estate
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.50%
Original Mortgage
$56,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 15, 2014
Sold by
Ream Investments Properties Llc
Bought by
Leonette Paul A and Leonette Paula M
Seller's Agent
Barbara Russell
RE/MAX ONE
Buyer's Agent
James Meyer
Cutler Real Estate
List Price
$84,900
Sold Price
$70,000
Premium/Discount to List
-$14,900
-17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Smarts Ltd
Bought by
Ream Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 12, 2008
Sold by
Arbor Realty Npap Holdings Llc
Bought by
Smarts Ltd

Purchase Details

Closed on
Jan 3, 2008
Sold by
Sims Leslie J
Bought by
Arbor Realty Npap Holdings Llc

Purchase Details

Closed on
Dec 28, 2006
Sold by
Realty & Business Development Llc
Bought by
Sims Leslie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2005
Sold by
Jezdik Frantisek and Thompson Joyce
Bought by
Realty & Business Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2005
Sold by
Lasalle Bank Na
Bought by
G P Development Of Columbus Llc

Purchase Details

Closed on
Dec 16, 2004
Sold by
Kindrix Corey
Bought by
Lasalle Bank Na and Lasalle National Bank

Purchase Details

Closed on
Dec 4, 2000
Sold by
Harris Earl F and Harris Cynthia A
Bought by
Kindrix Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,310
Interest Rate
10.75%

Purchase Details

Closed on
Feb 11, 1982
Bought by
Harris Earl F
Source: Public Records

Range of Values:

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Average Value
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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
Warranty Deed $365,000 World Class Title
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $70,000 None Available
Quit Claim Deed $30,000 None Available
Land Contract $30,000 None Available
Limited Warranty Deed $10,000 Landcastle
Sheriffs Deed $54,000 Landcastle
Warranty Deed $190,000 Title And
Quit Claim Deed -- Lawyers Tit
Limited Warranty Deed $133,000 Lawyers Tit
Special Warranty Deed $47,000 --
Sheriffs Deed $56,700 --
Warranty Deed $86,000 Express Title Services Of Oh
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $273,750 New Conventional
Previous Owner $56,000 New Conventional
Previous Owner $30,000 Seller Take Back
Previous Owner $79,000 Unknown
Previous Owner $152,000 Purchase Money Mortgage
Previous Owner $38,000 Stand Alone Second
Previous Owner $119,700 Fannie Mae Freddie Mac
Previous Owner $77,310 No Value Available
Previous Owner $4,295 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $365,000 -3.9% $175 / Sq Ft
06/06/2024 06/06/24 For Sale $379,900 +442.7% $183 / Sq Ft
05/15/2014 05/15/14 Sold $70,000 -17.6% $34 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $84,900 -- $41 / 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 $3,930 $85,760 $40,220 $45,540
2023 $4,031 $85,760 $40,220 $45,540
2022 $2,542 $45,010 $6,510 $38,500
2021 $2,546 $45,010 $6,510 $38,500
2020 $2,550 $45,010 $6,510 $38,500
2019 $2,390 $36,020 $5,220 $30,800
2018 $1,886 $36,020 $5,220 $30,800
2017 $2,289 $36,020 $5,220 $30,800
2016 $1,594 $22,720 $5,080 $17,640
2015 $1,386 $22,720 $5,080 $17,640
2014 $549 $8,860 $5,080 $3,780
2013 $306 $8,050 $4,620 $3,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214014213

Columbus and Central Ohio Regional MLS

APN: 010-044405