NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold December 03, 2018

Last sale price $965,000

130 Days on Market

About This Home

As of December 2018

Property Addresses: 2006-2020 Sullivant Avenue; 346 Lechner Avenue; 354 Lechner Avenue; 361-361 1/2 Lechner Avenue; 376-376 1/2 Lechner Avenue; 376-376 1/2 Wrexham Avenue; 395-397 Wrexham Avenue; Sullivant Avenue; Sullivant/Lechner Avenues; Wrexham Avenue. Description: 35 Residential Units and 4 Commercial Units to be sold as a package. Long term owner with long term tenants. In up and coming area of Franklinton and Hilltop. 16 apartments over 4 retail units with additional storage units rented. One single family; three 2 families; two-4 families and one- 5 unit building.

Last Agent to Sell the Property

Stratton Alt

Alt Company, Realtors License #2005002370 Listed on: 07/23/2018

Co-Listed By

V. Edgar Churchill

CR Inactive Office

Last Buyer's Agent

Jeff Buren

Best Homes Real Estate Ltd.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $587

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • Mixed Use

Listing and Financial Details

  • Assessor Parcel Number 010-009330

Community Details

Overview

  • 8 Buildings
  • 39 Units

Building Details

  • Operating Expense $192,000
  • Gross Income $283,000
  • Net Operating Income $91,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$587

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1955
  • Tax Year: 2017
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 283000.0
  • Co List Office Mls Id: 01180
  • Co List Office Phone: 614-268-5080
  • Co List Office Phone: 614-268-5080
  • MLS Status: Closed
  • Subdivision Name: Hilltop Area
  • Income Expenses Gross Income: 283000.0
  • Annual Expenses: 192000.0
  • General Property Info # of Buildings: 8.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-009330
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels Description: 010-009330-00,010-009289-00,010-002955-00,010-002951-00,010-004618-00,010-002959-00,010-041844-00,010-012524-00,010-002952-00,010-002949-00,010-002668-00,010-054125-00,010-0002961-00

Multi Family

  • Monthly Rent (Other): 600.0
  • Number Of Units Total: 39
  • Net Operating Income: 91000.0
  • Annual Operating Expense: 192000.0

Tax Info

  • Tax Annual Amount: 587.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
J Realty Llc
Bought by
Tap Rentals Llc
Total Days on Market
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,076,357
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 1988
Bought by
Wb Investments Inc
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
Tap Rentals Llc $1,400,000 --
Wb Investments Inc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tap Rentals Llc $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2018 12/03/18 Sold $965,000 -19.6% --
11/03/2018 11/03/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $1,200,000 -- --
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 $684 $9,210 $9,210 --
2023 $673 $9,205 $9,205 $0
2022 $860 $7,630 $7,630 $0
2021 $575 $7,630 $7,630 $0
2020 $571 $7,630 $7,630 $0
2019 $628 $7,630 $7,630 $0
2018 $582 $7,140 $7,140 $0
2017 $587 $7,140 $7,140 $0
2016 $621 $7,140 $7,140 $0
2015 $577 $7,140 $7,140 $0
2014 $577 $7,140 $7,140 $0
2013 $286 $7,140 $7,140 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218027240

Columbus and Central Ohio Regional MLS

APN: 010-009330