$875,000
SOLD JAN 4, 2021

33 S Monroe Ave Columbus, OH 43205

Olde Towne East Neighborhood
-- Bed
-- Bath
3,671 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$238 Per Sq Ft

8% Below List Price

94 Days on Market

About This Home

As of September 2023

Fully renovated cash flowing 6 unit building located in the heart of Old Towne East. The building would make an easy condo conversion. Each unit features concrete counters, exposed brick walls, stainless appliances, and brand new mechanical systems.

Last Agent to Sell the Property

Jeffrey Sheu

Smart Move, Realtors Listed on: 08/14/2020

Last Buyer's Agent

Jeff Sheu

Red 1 Realty License #2017006002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,238

Year Built

  • Built in 1900

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 3,671 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 8 Parking Spaces
  • Common or Shared Parking
  • Assigned Parking

Additional Features

  • 5,663 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 010-029345

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $2,000
  • Operating Expense $5,238
  • Gross Income $84,000
  • Net Operating Income $78,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,238

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 84000.0
  • Co List Office Phone: 614-285-6683
  • MLS Status: Closed
  • Income Expenses Gross Income: 84000.0
  • Annual Expenses: 5237.56
  • General Property Info Building Sq Ft: 3671.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: 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:Brick2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • Parking Features Assigned2: Yes
  • Parking Features Common: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-029345
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 6
  • Insurance Expense: 2000.0
  • Net Operating Income: 78762.44
  • Annual Operating Expense: 5237.56

Tax Info

  • Tax Annual Amount: 3238.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Sep 11, 2023
Sold by
Aw Monroe Llc
Bought by
Moose Watch Holdings Oh Llc
Seller's Agent
Jeffrey Sheu
Smart Move, Realtors
Buyer's Agent
Michele Bell
RE/MAX Affiliates, Inc.
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%
Views
452
Current Estimated Value
$1,075,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,247
Avg. Annual Appreciation
1.14%
Original Mortgage
$703,633
Outstanding Balance
$686,222
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$336,526

Purchase Details

Listed on
Aug 14, 2020
Closed on
Nov 30, 2020
Sold by
33 S Monroe Llc
Bought by
Aw Monroe Llc
Seller's Agent
Jeffrey Sheu
Smart Move, Realtors
Buyer's Agent
Jeff Sheu
Red 1 Realty
List Price
$949,900
Sold Price
$875,000
Premium/Discount to List
-$74,900
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
Mar 10, 2019
Closed on
Aug 1, 2019
Sold by
Bpt Realty Llc
Bought by
33 S Monroe Llc
Seller's Agent
Jeffrey Sheu
Smart Move, Realtors
Buyer's Agent
Jeff Sheu
Red 1 Realty
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%
Original Mortgage
$150,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2015
Sold by
Comaty Kenneth L and Younger Comaty Jeanne E
Bought by
Bpt Realty Lcl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,400
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2008
Sold by
Metropolitan Savings Service Corp
Bought by
Comaty Kenneth L and Youger Comaty Jeanne E

Purchase Details

Closed on
Jun 5, 2007
Sold by
Perfect World Management Llc
Bought by
Metropolitan Savings Service Corp

Purchase Details

Closed on
Feb 8, 2002
Sold by
White Charles R and White Dana E
Bought by
Perfect World Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2002
Sold by
Abelovszky Arpad R and Abelovszky Elizabeth R
Bought by
White Charles R and White Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2001
Sold by
Abelovszky Arpad R and Abelovszky Elizabeth R
Bought by
Abelovszky Arpad R and Abelovszky Elizabeth R

Purchase Details

Closed on
May 13, 1992
Bought by
Abelovszky Arpad R
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 Type Sale Price Title Company
Warranty Deed $1,000,000 Axxis Title Agency
Warranty Deed $740,000 Axxis Title Agency Ltd
Warranty Deed $700,000 Associated Title Box
Warranty Deed $105,000 Amerititle
Quit Claim Deed $33,000 Amerititle
Sheriffs Deed $120,000 None Available
Limited Warranty Deed -- Valley Title And Escrow Agen
Fiduciary Deed $209,000 Valley Title And Escrow Agen
Interfamily Deed Transfer -- --
Deed $47,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $703,633 Credit Line Revolving
Previous Owner $150,000 Commercial
Previous Owner $261,400 Commercial
Previous Owner $164,000 Commercial
Closed $20,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,000,000 -20.0% $272 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $1,250,000 -3.8% $341 / Sq Ft
12/21/2022 12/21/22 For Sale $1,300,000 +48.6% $354 / Sq Ft
01/04/2021 01/04/21 Sold $875,000 -2.7% $238 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/13/2020 10/13/20 Price Changed $899,000 +900.0% $245 / Sq Ft
10/13/2020 10/13/20 Price Changed $89,900 -90.3% $24 / Sq Ft
09/01/2020 09/01/20 Price Changed $929,900 -2.1% $253 / Sq Ft
08/14/2020 08/14/20 For Sale $949,900 +35.7% $259 / Sq Ft
08/09/2019 08/09/19 Sold $700,000 -6.7% $191 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $750,000 -- $204 / 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 $24,892 $222,080 $15,930 $206,150
2023 $16,396 $222,080 $15,930 $206,150
2022 $19,573 $259,000 $9,100 $249,900
2021 $3,912 $51,940 $9,100 $42,840
2020 $3,885 $51,940 $9,100 $42,840
2019 $3,238 $39,310 $7,000 $32,310
2018 $2,562 $39,310 $7,000 $32,310
2017 $3,958 $39,310 $7,000 $32,310
2016 $3,248 $36,750 $7,000 $29,750
2015 $1,626 $20,130 $7,000 $13,130
2014 $1,626 $20,130 $7,000 $13,130
2013 $806 $20,125 $7,000 $13,125
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jeffrey Sheu

    Smart Move, Realtors

  • R

    Seller Co-Listing Agent in 2023

    Roxy Ponce

    Smart Move, Realtors

  • Michele Bell

    Buyer's Agent in 2023

    Michele Bell

    RE/MAX

    (720) 253-3231

    1 in this area

    48 Total Sales

    Michele Bell
    Section Image
  • Jeff Sheu

    Buyer's Agent in 2021

    Jeff Sheu

    Red 1 Realty

    (614) 560-7747

    3 in this area

    33 Total Sales

    Jeff Sheu
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220027670

Columbus and Central Ohio Regional MLS

APN: 010-029345

Ohio Franklin County Columbus 43205 Olde Towne East

33 S Monroe Ave, Columbus, OH

This home is located at 33 S Monroe Ave, Columbus, OH 43205 and is currently priced at $875,000, approximately $238 per square foot. This property was built in 1900. 33 S Monroe Ave is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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