NOT LISTED FOR SALE

215 Avondale Ave Unit 217 Columbus, OH 43223

Franklinton Neighborhood

Estimated Value: $350,843

6 Beds
2 Baths
2,499 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $317,312 $127 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,407/month

6 Days on Market

About This Home

As of May 2020

Multiple offer received, Highest and Best offers due by 4/15/20 @ 4:00 pm EST. This Franklinton duplex has had a full renovation, and is in great shape for future cash-flow. This property has been professionally managed as a Airbnb property for over a year, and has a gross income of $68,900 in the last 12 months. Managment and furniture package available to new owner as well! Perfect for owner-occupant wanting income! Great condo-conversion candidate. This property has 3 bedroom, 1.5 bathrooms on each side, and features granite counter-tops, and stainless steel appliances.

Last Listed By

Benjamin Vail

Vail Realty Listed on: 04/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $954

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,499 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 010-054044

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,080
  • Maintenance Expense $1,200
  • Operating Expense $28,754
  • Gross Income $68,900
  • Net Operating Income $40,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$954

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 68900.0
  • Professional Management Expense: 14567.0
  • Co List Office Phone: 419-947-9130
  • MLS Status: Closed
  • Income Expenses Gross Income: 68900.0
  • Annual Expenses: 28754.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2499.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

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: 010-054044
  • Lot Size Sq Ft: 4791.6

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1080.0
  • Maintenance Expense: 1200.0
  • Net Operating Income: 40146.0
  • Annual Operating Expense: 28754.0

Tax Info

  • Tax Annual Amount: 954.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 22, 2020
Sold by
J Properties And Develoment Llc
Bought by
Sanders Ryan David
Seller's Agent
Benjamin Vail
Vail Realty
Buyer's Agent
Kristina Ledford
Buy Sell Ohio Realty
List Price
$319,000
Sold Price
$317,312
Premium/Discount to List
-$1,688
-0.53%
Total Days on Market
6
Current Estimated Value
$350,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,531
Avg. Annual Appreciation
2.03%
Original Mortgage
$311,564
Outstanding Balance
$279,686
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$71,157

Purchase Details

Closed on
Feb 22, 2019
Sold by
Jordan Bradlee
Bought by
Properties And Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2019
Sold by
J Properties And Development Llc
Bought by
Jordan Bradlee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2017
Sold by
De Novo Investments Llc
Bought by
J Propertie Sand Development Llc

Purchase Details

Closed on
Oct 27, 2017
Sold by
Huston Robert G
Bought by
De Nova Investments Llc

Purchase Details

Closed on
Mar 7, 2016
Sold by
West Broad Investors Ltd
Bought by
Huston Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,800
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2006
Sold by
Parman Robert R
Bought by
West Broad Street Investors Ltd

Purchase Details

Closed on
Mar 22, 1977
Bought by
Parman Robert R

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

Purchase History

Date Buyer Sale Price Title Company
Sanders Ryan David $317,400 First American Title Ins Co
Properties And Development Llc -- None Available
Jordan Bradlee -- Landsel Title Agency Box
J Propertie Sand Development Llc $35,000 None Available
De Nova Investments Llc $16,500 None Available
Huston Robert G $26,800 None Available
West Broad Street Investors Ltd -- None Available
Parman Robert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Ryan David $64,000
Open Sanders Ryan David $311,564
Previous Owner Jordan Bradlee $175,000
Previous Owner Huston Robert G $26,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $317,312 -0.5% $127 / Sq Ft
04/10/2020 04/10/20 For Sale $319,000 -- $128 / 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 $5,426 $119,640 $6,760 $112,880
2023 $5,358 $119,630 $6,755 $112,875
2022 $5,833 $111,100 $1,790 $109,310
2021 $6,160 $111,100 $1,790 $109,310
2020 $968 $18,380 $1,790 $16,590
2019 $954 $15,340 $1,510 $13,830
2018 $930 $15,340 $1,510 $13,830
2017 $537 $6,380 $1,510 $4,870
2016 $1,392 $12,250 $1,890 $10,360
2015 $758 $12,250 $1,890 $10,360
2014 $760 $12,250 $1,890 $10,360
2013 $594 $13,895 $1,890 $12,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220010934

Columbus and Central Ohio Regional MLS

APN: 010-054044