NOT LISTED FOR SALE

226 Thurman Ave Unit 228 Columbus, OH 43206

German Village Neighborhood

Estimated Value: $611,671

-- Bed
-- Bath
4,499 Sq Ft
$136/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $675,000 $150 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,223/month

59 Days on Market

About This Home

As of September 2023

LOCATION, LOCATION, LOCATION!! Walk to Schiller Park and all of the restaurants and amenities that German Village has to offer! This beautiful, partially brick, building sits on a corner lot, features off-street parking and boasts 4 unique 1 bedroom/1 bath units. Street level units are also zoned, and could easily be converted back into, office spaces--also great short-term rental potential. This building is professionally managed (management can be retained).So many possibilities for this amazing income-producing property!

Last Agent to Sell the Property

Rich Russo

Rich Russo Realty & Co. License #0700427811 Listed on: 07/11/2023

Co-Listed By

Jennifer Krohn

Rich Russo Realty & Co. License #2005007340

Last Buyer's Agent

Jenne Ross

Rich Russo Realty & Co. License #2017001963

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,468

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • 4,499 Sq Ft Home
  • Mixed Use

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 010-027095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,468

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: 11055
  • Co List Office Phone: 614-937-8699
  • Co List Office Phone: 614-937-8699
  • MLS Status: Closed
  • Subdivision Name: German Village
  • Location Property Info List PriceSqFt: 174.48
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 4499.0
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • 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: 010-027095
  • Lot Size Sq Ft: 3484.8

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 12468.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Aug 29, 2023
Sold by
Westwick Properties Llc
Bought by
Uno Universal Llc
Seller's Agent
Rich Russo
Rich Russo Realty & Co.
Buyer's Agent
Jenne Ross
Rich Russo Realty & Co.
List Price
$785,000
Sold Price
$675,000
Premium/Discount to List
-$110,000
-14.01%
Views
50
Current Estimated Value
$611,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,329
Avg. Annual Appreciation
-4.38%
Original Mortgage
$506,250
Outstanding Balance
$481,013
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$130,658

Purchase Details

Closed on
Feb 12, 2021
Sold by
Thurman 226 Llc
Bought by
Westwick Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 4, 2011
Sold by
Advantage Bank
Bought by
Gbk Investors Llc

Purchase Details

Closed on
May 28, 2011
Sold by
Kev Investments Llc
Bought by
Advantage Bank

Purchase Details

Closed on
Jan 28, 2004
Sold by
Kahn Mark S and Kahn Julie K
Bought by
Kev Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,250
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 1997
Sold by
Kahn Mark
Bought by
First Real Estate Investment Co Of Inc

Purchase Details

Closed on
Dec 1, 1992

Purchase Details

Closed on
Aug 3, 1992
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
Uno Universal Llc -- Service Title Agency
Westwick Properties Llc $475,000 First American Title Ins Co
Gbk Investors Llc $100,000 Amerititle
Advantage Bank -- Attorney
Kev Investments Llc -- Amerititle
First Real Estate Investment Co Of Inc $105,000 --
-- $71,000 --
-- $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uno Universal Llc $506,250
Previous Owner Westwick Properties Llc $380,000
Previous Owner Kev Investments Llc $614,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $675,000 -14.0% $150 / Sq Ft
06/09/2023 06/09/23 For Sale $785,000 -- $174 / 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 $11,911 $160,480 $69,550 $90,930
2023 $11,723 $160,480 $69,550 $90,930
2022 $12,468 $166,250 $58,170 $108,080
2021 $8,261 $109,690 $58,170 $51,520
2020 $8,205 $109,690 $58,170 $51,520
2019 $7,855 $95,380 $50,580 $44,800
2018 $7,303 $95,380 $50,580 $44,800
2017 $5,823 $74,910 $50,580 $24,330
2016 $5,483 $63,010 $30,980 $32,030
2015 $5,091 $63,010 $30,980 $32,030
2014 $3,054 $63,010 $30,980 $32,030
2013 $3,782 $94,500 $30,975 $63,525
Source: Public Records

Agents Affiliated with this Home

  • Rich Russo

    Seller's Agent in 2023

    Rich Russo

    Rich Russo Realty & Co.

    (614) 937-8699

    3 in this area

    302 Total Sales

    Rich Russo
    Section Image
  • Jennifer Krohn

    Seller Co-Listing Agent in 2023

    Jennifer Krohn

    Rich Russo Realty & Co.

    (614) 439-1129

    3 in this area

    223 Total Sales

    Jennifer Krohn
    Section Image

  • J

    Buyer's Agent in 2023

    Jenne Ross

    Rich Russo Realty & Co.

    (614) 969-8859

    2 in this area

    91 Total Sales

    Jenne Ross
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223017534

Columbus and Central Ohio Regional MLS

APN: 010-027095

Ohio Franklin County Columbus 43206 German Village

226 Thurman Ave Unit 228, Columbus, OH

Not Listed for Sale

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