NOT LISTED FOR SALE

1573 E Rich St Unit 5 Columbus, OH 43205

Franklin Park Neighborhood

Estimated Value: $255,295 - $462,000

4 Beds
4 Baths
1,680 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $285,000 $170 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,307/month

34 Days on Market

About This Home

As of December 2020

Great investment opportunity on the border of Franklin Park/Old Town East. Add to your investment portfolio or live on one side and rent the other. 2 bed/2 bath on each side. Fully updated. New kitchen appliances, new central AC and new soundproofing between sides. First floor laundry. Fully fenced backyard. Both sides rented.

Last Agent to Sell the Property

Roberta Zimmerman

Street Sotheby's International Listed on: 10/09/2020

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,248

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 1,680 Sq Ft Home
  • Mixed Use

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-000201

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $23,880
  • Net Operating Income $23,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,248

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.11
  • Total Gross Income: 23880.0
  • Co List Office Phone: 614-538-8895
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 175.6
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 23880.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1680.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: 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

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-000201
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 23880.0

Tax Info

  • Tax Annual Amount: 4248.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Dec 11, 2020
Sold by
Runk Andrew D and Runk Laurie E
Bought by
Atkins Markus J
Seller's Agent
Roberta Zimmerman
Street Sotheby's International
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Current Estimated Value
$381,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,574
Avg. Annual Appreciation
5.82%
Original Mortgage
$279,812
Outstanding Balance
$246,811
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$134,763

Purchase Details

Closed on
Jan 23, 2017
Sold by
Cth Group Llc
Bought by
Mto Far Llc

Purchase Details

Closed on
Feb 26, 1980
Bought by
Linsue Corp
Source: Public Records
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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
Atkins Markus J $285,000 Northwest Ttl Fam Of Compani
Mto Far Llc $10,500 Amerititle
Linsue Corp $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkins Markus J $279,812
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $285,000 -3.4% $170 / Sq Ft
10/26/2020 10/26/20 Price Changed $295,000 -1.3% $176 / Sq Ft
10/09/2020 10/09/20 For Sale $299,000 -- $178 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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
2025 $3,378 $74,490 $18,730 $55,760
2024 $3,378 $74,490 $18,730 $55,760
2023 $3,486 $74,490 $18,730 $55,760
2022 $4,456 $82,010 $1,440 $80,570
2021 $4,366 $82,010 $1,440 $80,570
2020 $4,373 $82,010 $1,440 $80,570
2019 $4,248 $68,320 $1,190 $67,130
2018 $2,378 $68,320 $1,190 $67,130
2017 $270 $4,340 $1,190 $3,150
2016 $931 $5,890 $2,490 $3,400
2015 $515 $5,890 $2,490 $3,400
2014 $365 $5,890 $2,490 $3,400
2013 $263 $6,195 $2,625 $3,570
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Roberta Zimmerman

    Street Sotheby's International

    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER OFFICE

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220035744

Columbus and Central Ohio Regional MLS

APN: 010-000201

Ohio Franklin County Columbus 43205 Franklin Park

1573 E Rich St Unit 5, Columbus, OH

Not Listed for Sale

MultiFamily

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