NOT LISTED FOR SALE

380 E Town St Columbus, OH 43215

Discovery District Neighborhood

Estimated Value: $1,209,000 - $1,331,000

6 Beds
5 Baths
6,697 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $860,000 $128 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,392/month

24 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 4-minute walk to Topiary Garden Park (Deaf School Park)

About This Home

As of September 2020

Location, Location, Location! Right next to the Topiary Park. This Historic Lazarus family Mansion dates back to 1880 & was completely Renovated & Restored into 3 Luxury rental apartments in 2014. The building retains many of its historic features, including a Grand staircase, High ceilings, Large windows & decorative hardwood parquet floors. The building has all new Electrical, Plumbing, HVAC systems (minus 1 furnace). Each unit has new bathrooms, kitchens with SS appliances, granite countertops & washers/dryers. The apartments are enormous & very unique. 1-bed unit is nearly 1300 SQ FT & is leased at $1,495. 2 & 3 -bed apartments are nearly 1700 SQ FT w/ the 3-bed leased at $2,195. We are showing the 2-bed unit which leases $2-2,250. PERFECT FOR OWNER OCCUPANT. Tax Abated & 6 Parking!!

Last Agent to Sell the Property

Michael Casey

RE/MAX Connection License #410002 Listed on: 06/27/2020

RE/MAX Connection

Last Buyer's Agent

Chris Gregory

Rolls Realty License #2002022710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,396

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 6,697 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup

Parking

  • Shared Driveway
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-038251

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $122
  • Insurance Expense $6,352
  • Maintenance Expense $5,593
  • Water Sewer Expense $1,396
  • Operating Expense $13,463
  • Gross Income $62,110
  • Net Operating Income $48,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,396

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1890
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.15
  • Total Gross Income: 62110.0
  • Co List Office Phone: 614-478-2121
  • MLS Status: Closed
  • Subdivision Name: Discovery District, Downtown
  • Income Expenses Gross Income: 62110.0
  • Annual Expenses: 13463.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 6697.0
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas 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 Shared Driveway2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 1396.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-038251
  • Lot Size Sq Ft: 6534.0

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 122.0
  • Insurance Expense: 6352.0
  • Maintenance Expense: 5593.0
  • Net Operating Income: 48647.0
  • Annual Operating Expense: 13463.0

Tax Info

  • Tax Annual Amount: 6396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2020
Closed on
Sep 15, 2020
Sold by
East Town Street Historic Properties Llc
Bought by
Sweeney Mark Richard and Mclean Abigail L
Seller's Agent
Michael Casey
RE/MAX Connection
Buyer's Agent
Chris Gregory
Rolls Realty
List Price
$890,000
Sold Price
$860,000
Premium/Discount to List
-$30,000
-3.37%
Current Estimated Value
$1,274,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,591
Avg. Annual Appreciation
7.65%
Original Mortgage
$774,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2013
Sold by
Recchie Ralph M and Recchie Lindsay A
Bought by
East Town Street Historic Properties Llc

Purchase Details

Closed on
Mar 31, 1986
Bought by
380 East Town Associates

Purchase Details

Closed on
Aug 1, 1978
Source: Public Records

Range of Values:

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Average Value
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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
Sweeney Mark Richard $860,000 Amerititle
East Town Street Historic Properties Llc -- None Available
380 East Town Associates -- --
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Mark Richard $198,500
Open Sweeney Mark Richard $1,500,000
Closed Sweeney Mark Richard $774,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $860,000 -3.4% $128 / Sq Ft
06/27/2020 06/27/20 For Sale $890,000 -- $133 / 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 $7,930 $490,010 $71,090 $418,920
2023 $7,773 $299,260 $71,090 $228,170
2022 $6,048 $202,170 $39,100 $163,070
2021 $6,235 $202,170 $39,100 $163,070
2020 $6,160 $202,170 $39,100 $163,070
2019 $6,396 $183,760 $35,530 $148,230
2018 $6,414 $183,760 $35,530 $148,230
2017 $6,429 $183,760 $35,530 $148,230
2016 $6,965 $183,760 $35,530 $148,230
2015 $5,629 $183,760 $35,530 $148,230
2014 $11,394 $183,760 $35,530 $148,230
2013 $5,034 $118,265 $31,290 $86,975
Source: Public Records

Agents Affiliated with this Home

  • Michael Casey

    Seller's Agent in 2020

    Michael Casey

    RE/MAX

    (614) 478-2121

    7 in this area

    695 Total Sales

    Michael Casey
    Section Image
  • Chris Gregory

    Buyer's Agent in 2020

    Chris Gregory

    Rolls Realty

    (614) 580-0790

    101 Total Sales

    Chris Gregory
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220020719

Columbus and Central Ohio Regional MLS

APN: 010-038251

Ohio Franklin County Columbus 43215 Discovery District

380 E Town St, Columbus, OH

This home is located at 380 E Town St, Columbus, OH 43215 since 27 June 2020 and is currently estimated at $1,274,591, approximately $190 per square foot. This property was built in 1890. 380 E Town St 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.

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