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

Sale Details

Date 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 Community

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

1.09 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215005162

Columbus and Central Ohio Regional MLS
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