NOT LISTED FOR SALE
16 Beds
-- Bath
14,632 Sq Ft
1.09 Acres

Last Sold June 16, 2015

Last sale price $517,250 $35 Per Sq Ft

85 Days on Market

About This Home

As of June 2015

Parkview Apartments consists of two eight-unit multifamily buildings separated by a courtyard. The sixteen two-bedroom townhouses consist of 915 square feet each. Current rentals are at $500 per month. The living space of each apartment contains two bedrooms, one bathroom, a basement, a living room, and an eat-in kitchen. Each unit contains a range and refrigerator, and washer/dryer hookups are located in the basement. The site includes 28 parking places.

Last Agent to Sell the Property

Michael Hessenauer

The Hessenauer Corporation License #316329 Listed on: 02/24/2015

Last Buyer's Agent

Richard DiPiero

e-Merge Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 1.09 Acre Lot
  • Additional Parcels

Home Design

  • 14,632 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Parking

  • 28 Parking Spaces
  • Common or Shared Parking

Additional Features

  • Washer and Dryer Hookup
  • Forced Air Heating System
  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-018284

Community Details

Overview

  • 2 Buildings
  • 16 Units
  • Mid-Rise Condominium

Building Details

  • Insurance Expense $2,125
  • Maintenance Expense $8,245
  • Manager Expense $5,298
  • Professional Management Expense $5,298
  • Water Sewer Expense $11,352
  • Operating Expense $42,427
  • Gross Income $88,293
  • Net Operating Income $45,866

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1991
  • Tax Year: 2013
  • Property Sub-Type: Midrise
  • Lot Size Acres: 1.09
  • Total Gross Income: 88293.0
  • Co List Office Phone: 614-764-2211
  • MLS Status: Closed
  • Subdivision Name: Parkview Apartments
  • Location Property Info List PriceSqFt: 38.2
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 88293.0
  • Annual Expenses: 42427.0
  • General Property Info Building Sq Ft: 14632.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 28.0
  • Parking Features Common: Yes

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Electricity Available
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 11352.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-018284
  • Lot Size Sq Ft: 47480.4
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 16
  • Insurance Expense: 2125.0
  • Maintenance Expense: 8245.0
  • Resident Manager Expense: 5298.0
  • Net Operating Income: 45866.0
  • Annual Operating Expense: 42427.0
  • Vacancy Allowance Rate: 4647.0

Tax Info

  • Tax Annual Amount: 15407.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2015 06/16/15 Sold $517,250 -7.5% $35 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $559,000 -- $38 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215005162

Columbus and Central Ohio Regional MLS