NOT LISTED FOR SALE

285 S Central Ave Unit 287 Columbus, OH 43223

Franklinton Neighborhood

Estimated Value: $199,355

4 Beds
2 Baths
1,408 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $50,000 $36 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $1,191/month

3 Days on Market

About This Home

As of June 2018

Great Investment opportunity. This recently updated duplex is located in the up and coming Franklinton just minutes from downtown. Each one bedroom unit is currently rented. Please respect tenants.

Last Listed By

Kiki Koerner

Carleton Realty, LLC Listed on: 06/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1958

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 1,408 Sq Ft Home
  • Duplex
  • Stucco

Parking

  • 2 Parking Spaces
  • Common or Shared Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-041641

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,590
  • Gross Income $12,900
  • Net Operating Income $11,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$667

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1958
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 12900.0
  • Co List Office Phone: 614-891-0000
  • MLS Status: Closed
  • Subdivision Name: Franklinton
  • Income Expenses Gross Income: 12900.0
  • Annual Expenses: 1590.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1408.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 2.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-041641
  • Lot Size Sq Ft: 3920.4

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11310.0
  • Annual Operating Expense: 1590.0

Tax Info

  • Tax Annual Amount: 667.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
220 Parcels Llc
Bought by
A Two Housing Llc
Total Days on Market
3
Current Estimated Value
$199,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$104,347
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$114,494

Purchase Details

Closed on
Apr 6, 2020
Sold by
L & E Capital Llc
Bought by
220 Parcels Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jun 29, 2018
Sold by
Aharon Moshe
Bought by
L& C Capital Llc
Seller's Agent
Kiki Koerner
Carleton Realty, LLC
Buyer's Agent
Kiki Koerner
Carleton Realty, LLC
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.82%

Purchase Details

Closed on
Jan 13, 2017
Sold by
Tavera Melody
Bought by
Aharon Moshe

Purchase Details

Closed on
Mar 14, 2007
Sold by
Carpenter Betty L
Bought by
Tavera Melody

Purchase Details

Closed on
Nov 28, 2006
Sold by
Estate Of Frank W Carpenter
Bought by
Carpenter Betty L

Purchase Details

Closed on
Oct 23, 1962
Bought by
Carpenter Frank W

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
A Two Housing Llc -- Allodial Title
220 Parcels Llc $43,000 Allodial Title Llc
L& C Capital Llc $50,000 Valmer Land Title Box
Aharon Moshe $18,500 None Available
Tavera Melody $152,000 Foundation
Carpenter Betty L -- Principle T
Carpenter Frank W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A Two Housing Llc $108,750
Previous Owner 220 Parcels Llc $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Off Market $50,000 -- --
06/29/2018 06/29/18 Sold $50,000 0.0% $36 / Sq Ft
06/01/2018 06/01/18 For Sale $50,000 -- $36 / 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 $903 $58,280 $6,340 $51,940
2023 $892 $58,275 $6,335 $51,940
2022 $800 $29,580 $1,680 $27,900
2021 $867 $29,580 $1,680 $27,900
2020 $1,043 $19,570 $1,680 $17,890
2019 $1,025 $16,310 $1,400 $14,910
2018 $876 $16,310 $1,400 $14,910
2017 $667 $8,230 $1,400 $6,830
2016 $977 $11,310 $1,890 $9,420
2015 $740 $11,310 $1,890 $9,420
2014 $692 $11,310 $1,890 $9,420
2013 $429 $12,565 $2,100 $10,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218019477

Columbus and Central Ohio Regional MLS

APN: 010-041641