NOT LISTED FOR SALE

1937 Summit St Columbus, OH 43201

3 Beds
-- Bath
1,640 Sq Ft
4,792 Sq Ft Lot

Last Sold January 22, 2018

Last sale price $295,000 $180 Per Sq Ft

179 Days on Market

About This Home

As of January 2018

OSU off-campus student investment property containing 4 units and 5 total beds, including 2 - 1 BD / 1 BA, 1 studio and 1 - 2 BD / 1 BA units. The all-electric units are renovated with updated kitchens, thermal pane windows, wall A/C units, free off-street parking and electronic deadbolt locks. Landlord pays all utilities. The property is currently 100% occupied for the 2017-18 academic year and fully pre-leased for 2018-19 with a total annual rent of $35,280.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 11/21/2017

Last Buyer's Agent

Aaron Minister

Minister Realty, Inc. License #2024004468

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,592

Year Built

  • Built in 1957

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,640 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for electricity, sewer, trash collection, water
  • Assessor Parcel Number 010-001107

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $17,745
  • Gross Income $35,280
  • Net Operating Income $17,535

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,592

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1957
  • Tax Year: 2016
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.11
  • Total Gross Income: 35280.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Income Expenses Gross Income: 35280.0
  • Annual Expenses: 17745.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1640.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-001107
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 17535.0
  • Annual Operating Expense: 17745.0

Tax Info

  • Tax Annual Amount: 5592.0

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

Property History

Date Event Price Change Sq Ft Price
01/22/2018 01/22/18 Sold $295,000 -14.7% $180 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $345,835 -- $211 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Brown

    Seller's Agent in 2018

    Matthew Brown

    Brown Multifamily Advisors,LLC

    (614) 519-8689

    20 Total Sales

    Matthew Brown
    Section Image
  • Aaron Minister

    Buyer's Agent in 2018

    Aaron Minister

    Minister Realty, Inc.

    (614) 404-1255

    116 Total Sales

    Aaron Minister
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217023144

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43201

1937 Summit St, Columbus, OH

This home is located at 1937 Summit St, Columbus, OH 43201 since 21 November 2017. This property was built in 1957. 1937 Summit 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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