NOT LISTED FOR SALE

1601 N 4th St Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $318,000 - $465,000

6 Beds
2 Baths
2,157 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $250,000 $116 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,619/month

4 Days on Market

About This Home

As of June 2021

1601-1601.5 N. 4th Street is a well-maintained duplex that contains one 1BD/1BA unit (#1601) and one 3BD/2BA unit ((#1601.5). The property is located just a few blocks from The Ohio State University main campus.

The two-story apartment building has a full basement that features storage space and laundry hook-ups. The units have updated windows, floors and modern kitchens. Nine off-street parking spaces are located behind the house that are available for tenants to rent. Tenants pay all utilities.

The property is currently 100% occupied and partially pre-leased for the 2021-22 academic year.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 04/26/2021

Last Buyer's Agent

Jacob Mercer

Berkshire Hathaway HS Pro Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 1910

Lot Details

  • 6,098

Parking

  • Off-Street Parking: 1

Home Design

  • 2,157 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 6,098 Sq Ft Lot
  • Basement

Community Details

  • 2 Units
  • Gross Income $18,600

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-005264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,250

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 18600.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Income Expenses Gross Income: 18600.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2157.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: 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

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-005264
  • Lot Size Sq Ft: 6098.4
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5250.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 18, 2021
Sold by
1601 N 4Th Llc
Bought by
Starek Daniel K
Seller's Agent
Matthew Brown
Brown Multifamily Advisors,LLC
Buyer's Agent
Jacob Mercer
Berkshire Hathaway HS Pro Rlty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$396,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,094
Avg. Annual Appreciation
11.39%
Original Mortgage
$187,500
Outstanding Balance
$171,960
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$215,885

Purchase Details

Closed on
Jan 12, 2017
Sold by
University Manors Ltd
Bought by
1601 N 4Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,380
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Starek Daniel K $250,000 Elite Land Title Agency
1601 N 4Th Llc -- Hummel Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starek Daniel K $187,500
Previous Owner 1601 N 4Th Llc $231,380
Previous Owner University Manors Ltd $9,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $250,000 0.0% $116 / Sq Ft
04/26/2021 04/26/21 For Sale $250,000 0.0% $116 / Sq Ft
04/15/2021 04/15/21 Off Market $250,000 -- --
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 $5,175 $112,920 $39,900 $73,020
2023 $5,110 $112,920 $39,900 $73,020
2022 $5,233 $98,470 $22,370 $76,100
2021 $5,242 $98,470 $22,370 $76,100
2020 $5,250 $98,470 $22,370 $76,100
2019 $4,897 $78,760 $17,890 $60,870
2018 $4,052 $78,760 $17,890 $60,870
2017 $4,896 $78,760 $17,890 $60,870
2016 $3,531 $51,980 $5,390 $46,590
2015 $3,215 $51,980 $5,390 $46,590
2014 $3,223 $51,980 $5,390 $46,590
2013 $1,445 $47,250 $4,900 $42,350
Source: Public Records

Agents Affiliated with this Home

  • Matthew Brown

    Seller's Agent in 2021

    Matthew Brown

    Brown Multifamily Advisors,LLC

    (614) 519-8689

    7 in this area

    20 Total Sales

    Matthew Brown
    Section Image

  • J

    Buyer's Agent in 2021

    Jacob Mercer

    Berkshire Hathaway HS Pro Rlty

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221011535

Columbus and Central Ohio Regional MLS

APN: 010-005264

Ohio Franklin County Columbus 43201 Indianola Terrace

1601 N 4th St, Columbus, OH

This home is located at 1601 N 4th St, Columbus, OH 43201 since 26 April 2021 and is currently estimated at $396,094, approximately $183 per square foot. This property was built in 1910. 1601 N 4th St is a home located in Franklin County with nearby schools including Weinland Park Elementary School, Dominion Middle School, and Whetstone 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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