NOT LISTED FOR SALE

233 Fairwood Ave Unit 235 Columbus, OH 43205

Franklin Park Neighborhood

Estimated Value: $406,660 - $552,000

6 Beds
2 Baths
2,658 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $482,500 $182 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,003/month

44 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 4-minute walk to Franklin Park
  • Home Security System

About This Home

As of August 2021

Location, condition & price perfectly align on prime investment in the redhot Franklin Park neighborhood. Just 1/2 block to Franklin Park & the Community Garden Campus. 4 min walk to Trolley Barn complex (soon to offer) dining, shopping & entertainment. Property is turn-key, fully rented & in great condition. New roof (2020); new windows, new HVAC; updated kitchens & baths. Hardwood flooring throughout, decorative FPs; Separate front porches & shared backyard. 3rd floor is framed for vaulted ceilings; new wiring, 9 new windows, HVAC and part'l plumbed. Would make a spectacular addition to the 2nd floor unit (as in potential owner occupant) or 1000 SF 3rd rental with great views & tons of light.. Last duplex to sell this close to FP was over 2 years ago. Act NOW, not likely to last long!

Last Agent to Sell the Property

Al Waddell

RE/MAX Partners License #2007003883 Listed on: 06/19/2021

RE/MAX Partners

Last Buyer's Agent

Rich Russo

Rich Russo Realty & Co. License #0700427811

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1914

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,658 Sq Ft Home
  • Fireplace
  • Home Security System
  • Basement

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-056542

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,627

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1914
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.07
  • Total Gross Income: 1.0
  • Co List Office Phone: 614-224-4900
  • MLS Status: Closed
  • Subdivision Name: Franklin Park
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 1.0
  • Annual Expenses: 1.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2658.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Security System3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-056542
  • Lot Size Sq Ft: 3049.2

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1.0
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 2627.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Sep 2, 2021
Sold by
Albrecht Mark A and Albrecht Cynthia L
Bought by
Ramsey Taylor Sharee
Seller's Agent
Al Waddell
RE/MAX Partners
Buyer's Agent
Rich Russo
Rich Russo Realty & Co.
List Price
$499,900
Sold Price
$482,500
Premium/Discount to List
-$17,400
-3.48%
Total Days on Market
44
Current Estimated Value
$490,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,165
Avg. Annual Appreciation
0.44%
Original Mortgage
$446,396
Outstanding Balance
$409,153
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$81,512

Purchase Details

Closed on
Mar 19, 2007
Sold by
Cook Aldous and Mcdonald Carrie
Bought by
Albrecht Mark A and Albrecht Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2003
Sold by
Mcdonald Carrie L
Bought by
Cook Aldous and Mcdonald Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 25, 2002
Sold by
Mcdonald Robert L
Bought by
Mcdonald Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,400
Interest Rate
7.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 15, 1999
Sold by
Steigerwald Julia E
Bought by
Mcdonald Carrie L and Mcdonald Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.9%

Purchase Details

Closed on
Jul 10, 1989
Bought by
Steigerwald Julia E
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
Ramsey Taylor Sharee $482,500 Land And Mortgage Title Agcy
Albrecht Mark A $195,000 Crown Searc
Cook Aldous -- Hummel Title Agency
Mcdonald Carrie L -- Lawyers Title
Mcdonald Carrie L $125,000 Title First Agency Inc
Steigerwald Julia E $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Taylor Sharee $446,396
Previous Owner Albrecht Mark A $147,600
Previous Owner Albrecht Mark A $175,500
Previous Owner Cook Aldous Brant $15,000
Previous Owner Cook Aldous $124,000
Previous Owner Mcdonald Carrie L $105,400
Previous Owner Mcdonald Carrie L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $482,500 -3.5% $182 / Sq Ft
06/19/2021 06/19/21 For Sale $499,900 -- $188 / 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 $4,786 $105,530 $29,750 $75,780
2023 $4,726 $105,525 $29,750 $75,775
2022 $4,756 $90,580 $5,390 $85,190
2021 $2,624 $49,280 $5,390 $43,890
2020 $2,627 $49,280 $5,390 $43,890
2019 $2,451 $39,420 $4,310 $35,110
2018 $2,451 $39,420 $4,310 $35,110
2017 $2,451 $39,420 $4,310 $35,110
2016 $2,696 $39,690 $4,200 $35,490
2015 $2,455 $39,690 $4,200 $35,490
2014 $2,461 $39,690 $4,200 $35,490
2013 $1,104 $36,085 $3,815 $32,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221021991

Columbus and Central Ohio Regional MLS

APN: 010-056542