NOT LISTED FOR SALE

1809 E Rich St Unit 11 Columbus, OH 43205

Franklin Park Neighborhood

Estimated Value: $219,000 - $373,000

4 Beds
2 Baths
2,248 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $119,500 $53 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,927/month

11 Days on Market

About This Home

As of February 2019

Great Investment opportunity just blocks away from Franklin Park. Multi-Family cashflowing 2 bedrooms 1 bath top and bottom duplex. Property needs some TLC. LOCATION, LOCATION, LOCATION

Last Agent to Sell the Property

Clifton Jackson

Key Realty Listed on: 01/13/2019

Last Buyer's Agent

Richard Russo

Art Russo, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,248 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-067389

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,300
  • Gross Income $15,000
  • Net Operating Income $13,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,210

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 15000.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Subdivision Name: MARTIN & STAGES
  • Location Property Info List PriceSqFt: 55.12
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 15000.0
  • Annual Expenses: 1300.0
  • General Property Info Building Sq Ft: 2248.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-067389
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13700.0
  • Annual Operating Expense: 1300.0

Tax Info

  • Tax Annual Amount: 1210.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2019
Closed on
Feb 8, 2019
Sold by
Makai Royalties Llc
Bought by
Kms South Holdings Llc
Seller's Agent
Clifton Jackson
Key Realty
Buyer's Agent
Richard Russo
Art Russo, REALTORS
List Price
$123,900
Sold Price
$119,500
Premium/Discount to List
-$4,400
-3.55%
Current Estimated Value
$306,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,619
Avg. Annual Appreciation
14.79%
Original Mortgage
$119,500
Outstanding Balance
$104,848
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$201,271

Purchase Details

Closed on
Dec 30, 2015
Sold by
Atsedu Terrefe Tesfaye and Atsedu Terrefe
Bought by
Makai Royalities Llc

Purchase Details

Closed on
Nov 23, 1992
Bought by
Terrefe Tesfaye

Purchase Details

Closed on
Apr 7, 1992

Purchase Details

Closed on
Aug 30, 1989
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
Kms South Holdings Llc $119,500 None Available
Makai Royalities Llc $10,500 Multiple
Terrefe Tesfaye $28,500 --
-- -- --
-- $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kms South Holdings Llc $119,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $119,500 -3.6% $53 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $123,900 -- $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 $3,785 $82,600 $46,410 $36,190
2023 $3,738 $82,600 $46,410 $36,190
2022 $3,336 $41,830 $1,440 $40,390
2021 $2,227 $41,830 $1,440 $40,390
2020 $1,337 $23,350 $1,720 $21,630
2019 $1,211 $19,470 $1,440 $18,030
2018 $885 $19,470 $1,440 $18,030
2017 $1,210 $19,470 $1,440 $18,030
2016 $616 $9,070 $1,890 $7,180
2015 $561 $9,070 $1,890 $7,180
2014 $562 $9,070 $1,890 $7,180
2013 $292 $9,555 $1,995 $7,560
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Clifton Jackson

    Key Realty

  • R

    Buyer's Agent in 2019

    Richard Russo

    Art Russo, REALTORS

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219001122

Columbus and Central Ohio Regional MLS

APN: 010-067389

Ohio Franklin County Columbus 43205 Franklin Park

1809 E Rich St Unit 11, Columbus, OH

Not Listed for Sale

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