NOT LISTED FOR SALE

1985 Summit St Columbus, OH 43201

Northwood Park Neighborhood
7 Beds
-- Bath
6,318 Sq Ft
6,534 Sq Ft Lot

Last Sold April 24, 2020

Last sale price $635,000 $101 Per Sq Ft

6 Days on Market

About This Home

As of April 2020

The property is in great shape, central A/C in each unit. Plenty of covered parking. 1969 construction in established OSU campus location. 19th St location is close to everything and one block away from central campus fraternities. The property consists of (5) x (2 Bed x 1 Bath) apartments and (2) x (1 Bed x 1 Bath) apartments. Improvements have been made by current ownership to the metal walkway. Tons of added value. Easy to rent. 1 model unit available to see and is rent ready. Could have immediate occupancy or could easily renovate now for a fall move in.

Last Agent to Sell the Property

Scott Wheeler

Columbus Realty Source, LLC License #2009004554 Listed on: 03/19/2020

Last Buyer's Agent

Liping Xia

Fathom Realty Ohio

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,531

Year Built

  • Built in 1969

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 6,318 Sq Ft Home
  • Brick Exterior Construction
  • Stucco

Parking

  • 9 Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-054858

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $62,832
  • Net Operating Income $62,832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,531

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1969
  • Tax Year: 2019
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.15
  • Total Gross Income: 62832.0
  • Co List Office Phone: 614-486-9833
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 102.72
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 62832.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 6318.0
  • Miscellaneous Carports: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 9.0
  • Parking Features On Street2: Yes
  • General Property Info Carport Spaces2: 3.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-054858
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: Commercial

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 7
  • Net Operating Income: 62832.0

Tax Info

  • Tax Annual Amount: 11531.0
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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 List to Sale Price per Sq Ft Prior Sale
04/24/2020 04/24/20 Sold $635,000 -2.2% $101 / Sq Ft
03/19/2020 03/19/20 For Sale $649,000 +2.2% $103 / Sq Ft
02/01/2019 02/01/19 Sold $635,000 +1.6% $125 / Sq Ft View Prior Sale
12/07/2018 12/07/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $624,900 -- $123 / 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
2025 $17,091 $230,270 $27,830 $202,440
2024 $17,091 $230,270 $27,830 $202,440
2023 $16,821 $230,270 $27,830 $202,440
2022 $16,668 $222,260 $27,130 $195,130
2021 $13,705 $181,970 $27,130 $154,840
2020 $13,611 $181,970 $27,130 $154,840
2019 $11,531 $140,010 $20,900 $119,110
2018 $10,347 $140,010 $20,900 $119,110
2017 $11,518 $140,010 $20,900 $119,110
2016 $9,748 $112,010 $20,900 $91,110
2015 $9,050 $112,010 $20,900 $91,110
2014 $9,046 $112,010 $20,900 $91,110
2013 $4,295 $107,310 $20,895 $86,415
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Scott Wheeler

    Columbus Realty Source, LLC

    (614) 258-8786

    18 Total Sales

    Scott Wheeler
    Section Image

  • L

    Buyer's Agent in 2020

    Liping Xia

    Fathom Realty Ohio

  • J

    Seller's Agent in 2019

    Jeffrey Tyndall

    The Forty North Company

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220008543

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43201 Northwood Park

1985 Summit St, Columbus, OH

Not Listed for Sale

MultiFamily

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