NOT LISTED FOR SALE

1730 Frank Rd Unit 732 Columbus, OH 43223

Estimated Value: $162,000 - $198,000

4 Beds
2 Baths
1,816 Sq Ft
$99/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $95,000 $52 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,275/month

2 Days on Market

About This Home

As of June 2020

Attention all investors. Don't miss this opportunity to invest in a tenant occupied home in the Westbrook community. Property is currently occupied by long term tenants who are paying a combined rent of $1320.00 a month. Current tenant lease expires 1732 - 6/30/2020 and 1730 - 10/31/2020. Curb offers only. Property being sold as is. This property can be sold alone or packaged with other investment properties within the same community.

Last Agent to Sell the Property

Teresa Santmyer

Cutler Real Estate Listed on: 05/03/2020

Last Buyer's Agent

Jerry Auger

Key Realty License #2008001399

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • 1,816 Sq Ft Home

Parking

  • Shared Driveway
  • Off-Street Parking: 1

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 140-005711

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,851
  • Gross Income $16,798
  • Net Operating Income $8,947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1954
  • Tax Year: 2019
  • Lot Size Acres: 0.18
  • Total Gross Income: 16798.0
  • Co List Office Phone: 614-339-4664
  • MLS Status: Closed
  • Subdivision Name: Westbrook
  • Income Expenses Gross Income: 16798.0
  • Annual Expenses: 7851.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1816.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Schools

  • Junior High Dist: SOUTH WESTERN CSD 2511 FRA CO.

Lot Info

  • Parcel Number: 140-005711
  • Lot Size Sq Ft: 7840.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 8947.0
  • Annual Operating Expense: 7851.0

Tax Info

  • Tax Annual Amount: 2090.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2020
Closed on
Jun 3, 2020
Sold by
Esperanza Properties Llc
Bought by
Central Ohio Property Management Llc
Seller's Agent
Teresa Santmyer
Cutler Real Estate
Buyer's Agent
Jerry Auger
Key Realty
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Total Days on Market
2
Current Estimated Value
$180,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,333
Avg. Annual Appreciation
16.47%
Original Mortgage
$220,500
Outstanding Balance
$198,027
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$4,640

Purchase Details

Closed on
Jul 15, 2016
Sold by
Johnston Leroy
Bought by
Esperanza 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
$78,663
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2010
Sold by
Equity Trust Company and Clark Richard A
Bought by
Johnston Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Equity Trust Co and Richard A Clar Ira

Purchase Details

Closed on
Jun 12, 2007
Sold by
Isaac Ralph E
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-1

Purchase Details

Closed on
Dec 7, 2005
Sold by
Isaac Ralph E and Isaac Donna M
Bought by
Isaac Ralph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
11.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 2003
Sold by
Isaac Ralph E and Isaac Donna M
Bought by
Isaac Ralph E and Isaac Donna M

Purchase Details

Closed on
Apr 4, 2000
Sold by
Clark Richard A and Clark Jackie
Bought by
Isaac Ralph E and Isaac Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,080
Interest Rate
8.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 24, 1996
Sold by
Scott Ivan R
Bought by
Barton Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,288
Interest Rate
8.43%
Mortgage Type
New Conventional
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
Central Ohio Property Management Llc $293,500 None Available
Esperanza Properties Llc -- None Available
Johnston Leroy $115,000 Discovery T
Equity Trust Co $50,000 Resource
Deutsche Bank National Trust Co $58,000 None Available
Isaac Ralph E -- Ohio Land R
Isaac Ralph E -- --
Isaac Ralph E $170,000 Amerititle Mill Run
Barton Robert C $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Central Ohio Property Management Llc $220,500
Closed Central Ohio Property Management Llc $220,500
Previous Owner Esperanze Properties Llc $78,663
Previous Owner Johnston Leroy $86,250
Previous Owner Isaac Ralph E $88,000
Previous Owner Isaac Ralph E $156,080
Previous Owner Barton Robert C $30,288
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $95,000 -5.0% $52 / Sq Ft
05/03/2020 05/03/20 For Sale $100,000 -- $55 / 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 $3,150 $60,410 $8,400 $52,010
2023 $3,134 $60,410 $8,400 $52,010
2022 $2,368 $31,400 $13,790 $17,610
2021 $2,253 $31,400 $13,790 $17,610
2020 $2,250 $31,400 $13,790 $17,610
2019 $2,090 $26,150 $11,480 $14,670
2018 $2,389 $26,150 $11,480 $14,670
2017 $2,484 $26,150 $11,480 $14,670
2016 $2,897 $34,240 $3,820 $30,420
2015 $2,695 $34,240 $3,820 $30,420
2014 $2,697 $34,240 $3,820 $30,420
2013 $917 $23,695 $4,480 $19,215
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Teresa Santmyer

    Cutler Real Estate

  • J

    Buyer's Agent in 2020

    Jerry Auger

    Key Realty

    (614) 203-5318

    3 in this area

    19 Total Sales

    Jerry Auger
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220013409

Columbus and Central Ohio Regional MLS

APN: 140-005711

Ohio Franklin County Columbus 43123

1730 Frank Rd Unit 732, Columbus, OH

This home is located at 1730 Frank Rd Unit 732, Columbus, OH 43223 since 03 May 2020 and is currently estimated at $180,333, approximately $99 per square foot. This property was built in 1954. 1730 Frank Rd Unit 732 is a home located in Franklin County with nearby schools including Finland Elementary School, Franklin Woods Intermediate School, and Finland Middle 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.

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