NOT LISTED FOR SALE

316 S Cypress Ave Unit 318 Columbus, OH 43223

Franklinton Neighborhood

Estimated Value: $262,000 - $353,233

4 Beds
2 Baths
2,464 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 27, 2020

Last sale price $275,000 $112 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,130/month

15 Days on Market

About This Home

As of May 2020

Here is your opportunity to own a 2 family dwelling in Franklinton area. If you want to live in one side or use it as an investment is your choice. Some of the updates include new siding,windows, new Garage, updated kitchens and baths,floors,paint. Great opportunity so don't miss out. no power to garage*****MUST READ ALL A2A REMARKS*******

Last Listed By

Mark Garner

Mainstream Realty Pros Brokerage Email: mainstreamrealtypros@gmail.com License #2001012682 Listed on: 04/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,464 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 010-030171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,312

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2019
  • Attribution Contact: mainstreamrealtypros@gmail.com
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Co List Office Phone: 614-554-2445
  • MLS Status: Closed
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2464.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-030171
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1312.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
May 26, 2020
Sold by
Psd Group 1 Llc
Bought by
Knotts Jaron Nathan
Seller's Agent
Mark Garner
Mainstream Realty Pros
Buyer's Agent
Misty Linn
Core Ohio, Inc.
List Price
$259,900
Sold Price
$275,000
Premium/Discount to List
$15,100
5.81%
Total Days on Market
15
Current Estimated Value
$305,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,058
Avg. Annual Appreciation
2.73%
Original Mortgage
$233,750
Outstanding Balance
$209,926
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$104,562

Purchase Details

Closed on
Dec 18, 2018
Sold by
Thomas Ermas W and Cook Vickie Lynn
Bought by
Npml Mortgage Acqusition Llc

Purchase Details

Closed on
Sep 24, 2014
Sold by
Thomas Ermas W and Cook Vickie L
Bought by
E & V Holdings Llc

Purchase Details

Closed on
Dec 23, 2005
Sold by
Thomas Ermas W and Cook Vickie L
Bought by
Thomas Ermas W and Cook Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 9, 2003
Sold by
Burkholder E M and Burkholder Mary
Bought by
Thomas Ermas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1995
Sold by
Smith Walter H
Bought by
Burkholder E M

Purchase Details

Closed on
Oct 4, 1988

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
Knotts Jaron Nathan $275,000 Landsel Title Agency Inc
Npml Mortgage Acqusition Llc -- Landsel Title Box
E & V Holdings Llc -- None Available
Thomas Ermas W -- Title Quest
Thomas Ermas W $70,000 --
Burkholder E M $65,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knotts Jaron Nathan $233,750
Previous Owner Thomas Ermas W $65,000
Previous Owner Thomas Ermas W $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $275,000 +5.8% $112 / Sq Ft
04/23/2020 04/23/20 Price Changed $259,899 0.0% $105 / Sq Ft
04/13/2020 04/13/20 For Sale $259,900 -- $105 / 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 $5,261 $115,990 $6,720 $109,270
2023 $5,344 $115,990 $6,720 $109,270
2022 $3,401 $61,920 $1,540 $60,380
2021 $3,407 $61,920 $1,540 $60,380
2020 $1,036 $19,430 $1,540 $17,890
2019 $1,312 $18,310 $1,260 $17,050
2018 $798 $18,310 $1,260 $17,050
2017 $794 $18,310 $1,260 $17,050
2016 $450 $6,620 $1,260 $5,360
2015 $459 $6,620 $1,260 $5,360
2014 $410 $6,620 $1,260 $5,360
2013 $275 $7,350 $1,400 $5,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220011179

Columbus and Central Ohio Regional MLS

APN: 010-030171