NOT LISTED FOR SALE
0.45 Acre
-- Price per Acre
19,602 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $1,020,000 $837 Per Sq Ft

109 Days on Market

About This Lot

As of October 2023

Total 0.45-acre (3 parcels) Clintonville site that has been rezoned and all city approvals and variances secured for the construction of a five-story, 45-unit multifamily property with 2,000 SF of ground level commercial space. Current owner has conducted all necessary environmental, geotechnical and traffic/parking investigations as well as preliminary development plans, all available upon request. Total annual RE taxes of $7,776. The site is currently leased to a used car dealership through May 2025 after which it becomes MTM. Monthly rent is $3,229. Tenant pays all operating expenses except RE taxes. Either party can terminate the lease early with applicable notice and breakage fees. The only improvement currently on the site is a 1,218 SF structure used as a car sales office.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 07/14/2023

Last Buyer's Agent

Tracy Keffer

Keller Williams Greater Cols License #2014005256

Keller Williams Greater Cols

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,689

Lot Details

  • 0.45 Acre Lot
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 010-003021

Property Details

Property Type

Land

Est. Annual Taxes

$2,689

Lot Details

0

Listing Details

  • Type: Land/Farm
  • Tax Year: 2022
  • Property Sub-Type: Development
  • Lot Size Acres: 0.45
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • General Property Info Residential DwellingOther Structure YN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Public Sewer

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-003021
  • Lot Size Sq Ft: 19602.0
  • Additional Parcels Description: 010-018914-00; 010-055904-00
  • Additional Parcels: Yes
  • Zoning Description: Commercial

Tax Info

  • Tax Annual Amount: 2689.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Oct 11, 2023
Sold by
Attainable Luxury Llc
Bought by
Tda Family Llc
Seller's Agent
Matthew Brown
Brown Multifamily Advisors,LLC
Buyer's Agent
Tracy Keffer
Keller Williams Greater Cols
List Price
$1,200,000
Sold Price
$1,020,000
Premium/Discount to List
-$180,000
-15%
Views
20

Purchase Details

Closed on
Apr 9, 2020
Sold by
Hinterschied Richard P and Hinterschied Regina
Bought by
Luxury Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,500
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 18, 1995
Sold by
Hinterschied Richard M
Bought by
Hinterschied Richard P and Hinterschied Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1993

Purchase Details

Closed on
Sep 1, 1988
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
Tda Family Llc $1,020,000 Stewart Title
Luxury Llc $685,000 Stewart Ttl Agcy Of Cols Ltd
Hinterschied Richard P $146,000 --
-- -- --
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luxury Llc $890,500
Previous Owner Hinterschied Richard P $200,000
Previous Owner Hinterschied Richard P $150,000
Previous Owner Hinterschied Richard P $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $1,020,000 -15.0% $837 / Sq Ft
07/13/2023 07/13/23 For Sale $1,200,000 -- $985 / 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 $3,468 $46,730 $43,680 $3,050
2023 $3,414 $46,730 $43,680 $3,050
2022 $2,689 $35,850 $33,500 $2,350
2021 $2,700 $35,850 $33,500 $2,350
2020 $2,682 $35,850 $33,500 $2,350
2019 $2,566 $31,150 $29,120 $2,030
2018 $1,279 $31,150 $29,120 $2,030
2017 $2,563 $31,150 $29,120 $2,030
2016 $3,535 $31,710 $29,120 $2,590
2015 $1,669 $31,710 $29,120 $2,590
2014 $2,561 $31,710 $29,120 $2,590
2013 $1,657 $31,710 $29,120 $2,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223022111

Columbus and Central Ohio Regional MLS

APN: 010-003021