NOT LISTED FOR SALE

240 S 18th St Unit 242 Columbus, OH 43205

Olde Towne East Neighborhood

Estimated Value: $574,604 - $776,000

8 Beds
6 Baths
5,037 Sq Ft
$135/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $595,000 $118 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,338/month

18 Days on Market

About This Home

As of July 2018

Charming brick duplex for rent on quiet street in Olde Towne East. This upscale property is loaded with character -- exposed brick walls, decorative fireplaces, large closets, wood floors and carpeting, natural light – and has the benefit of newer mechanicals throughout, including a washer and dryer on the second floor! Each side has 2,500 sqft. of spacious living with 4-5 bedrooms and 3.5 baths on three floors. There is a large basement for ample storage on each side of the duplex, a great deck and fenced-in yard, a park directly across the street, and lots of off-street parking. Both sides available on June 1. Rent is $2,500 per side, not $2,500 for both units.

Last Agent to Sell the Property

David Lenker

Howard Hanna Lenker Group License #2012001943 Listed on: 05/15/2018

Howard Hanna Lenker Group

Last Buyer's Agent

Rick Starr

Realty World Real Estate Stars, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,293

Year Built

  • Built in 1904

Lot Details

  • 4,356

Parking

  • On-Street Parking

Home Design

  • 5,037 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-050690

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,000
  • Gross Income $60,000
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,293

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1904
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 60000.0
  • Co List Office Phone: 614-569-3400
  • MLS Status: Closed
  • Subdivision Name: Olde Towne East
  • Income Expenses Gross Income: 60000.0
  • Annual Expenses: 10000.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 5037.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • 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: 010-050690
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 50000.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 8293.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jun 29, 2018
Sold by
Needles Thomas F
Bought by
Sheats Paul W and Guccione Lisa P
Seller's Agent
David Lenker
Howard Hanna Lenker Group
Buyer's Agent
Rick Starr
Realty World Real Estate Stars, LLC
List Price
$639,900
Sold Price
$595,000
Premium/Discount to List
-$44,900
-7.02%
Current Estimated Value
$680,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,401
Avg. Annual Appreciation
0.90%
Original Mortgage
$446,250
Outstanding Balance
$390,751
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$243,652

Purchase Details

Listed on
Apr 12, 2010
Closed on
Feb 24, 2012
Sold by
Adler Barry M
Bought by
Jones Justin A and Jones Thomas W
Seller's Agent
Michael Casey
RE/MAX Connection
Buyer's Agent
Susanne Novak
Solutions for Real Estate
List Price
$149,900
Sold Price
$99,000
Premium/Discount to List
-$50,900
-33.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.58%

Purchase Details

Closed on
Jan 10, 2008
Sold by
City Of Columbus
Bought by
Adler Barry M

Purchase Details

Closed on
Sep 13, 2006
Sold by
Rogers Eric E and Nkozi Suani
Bought by
City Of Columbus Ohio

Purchase Details

Closed on
Mar 17, 2005
Sold by
Seiber Chad A
Bought by
Seiber Chad A and Seiber Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2002
Sold by
Bankers Trust Company Of California Na
Bought by
Myers Chin Real Estate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,200
Interest Rate
7.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1999
Sold by
Jackson Alvin D
Bought by
Rogers Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
7.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 1999
Sold by
Estate Of Orizell A Jenkins
Bought by
Jenkins Edith

Purchase Details

Closed on
Sep 1, 1979
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
Sheats Paul W $595,000 None Available
Jones Justin A $99,000 Bxvalmer Land
Adler Barry M -- None Available
City Of Columbus Ohio -- None Available
Seiber Chad A -- --
Seiber Chad A $89,000 --
Myers Chin Real Estate $23,000 --
Rogers Eric E $5,000 --
Jenkins Edith -- --
-- $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheats Paul W $446,250
Previous Owner Jones Justin A $120,000
Previous Owner Seiber Debra L $72,500
Previous Owner Seiber Chad A $28,000
Previous Owner Myers Chin Real Estate Llc $50,000
Previous Owner Myers Chin Real Estate $49,200
Previous Owner Eyster John Robert $40,000
Previous Owner Rogers Eric E $125,000
Previous Owner Rogers Eric E $33,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Off Market $2,250 -- --
07/05/2018 07/05/18 Sold $595,000 -7.0% $118 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $639,900 0.0% $127 / Sq Ft
06/06/2016 06/06/16 Rented $2,250 -10.0% --
05/07/2016 05/07/16 Under Contract -- -- --
04/28/2016 04/28/16 For Rent $2,500 0.0% --
02/27/2012 02/27/12 Sold $99,000 -34.0% $20 / Sq Ft
01/28/2012 01/28/12 Pending -- -- --
04/12/2010 04/12/10 For Sale $149,900 -- $30 / 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 $7,657 $167,090 $19,740 $147,350
2023 $7,562 $167,090 $19,740 $147,350
2022 $10,934 $208,250 $1,260 $206,990
2021 $10,953 $208,250 $1,260 $206,990
2020 $10,969 $208,250 $1,260 $206,990
2019 $12,791 $208,250 $1,260 $206,990
2018 $6,723 $174,970 $1,260 $173,710
2017 $10,090 $133,390 $1,260 $132,130
2016 $4,779 $70,350 $3,010 $67,340
2015 $2,176 $70,350 $3,010 $67,340
2014 $4,362 $70,350 $3,010 $67,340
2013 $2,676 $87,500 $3,010 $84,490
Source: Public Records

Agents Affiliated with this Home

  • David Lenker

    Seller's Agent in 2018

    David Lenker

    Howard Hanna Lenker Group

    (614) 787-4528

    1 in this area

    80 Total Sales

    David Lenker
    Section Image

  • R

    Buyer's Agent in 2018

    Rick Starr

    Realty World Real Estate Stars, LLC

  • Andrew Balalovski

    Seller's Agent in 2016

    Andrew Balalovski

    Balalovski Real Estate, LLC

    (614) 257-8123

    38 Total Sales

    Andrew Balalovski
    Section Image
  • Michael Casey

    Seller's Agent in 2012

    Michael Casey

    RE/MAX

    (614) 478-2121

    30 in this area

    701 Total Sales

    Michael Casey
    Section Image

  • S

    Buyer's Agent in 2012

    Susanne Novak

    Solutions for Real Estate

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218016336

Columbus and Central Ohio Regional MLS

APN: 010-050690

Ohio Franklin County Columbus 43205 Olde Towne East

240 S 18th St Unit 242, Columbus, OH

This home is located at 240 S 18th St Unit 242, Columbus, OH 43205 since 15 May 2018 and is currently estimated at $680,401, approximately $135 per square foot. This property was built in 1904. 240 S 18th St Unit 242 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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