NOT LISTED FOR SALE

415 Morrison Ave Unit 417 Columbus, OH 43205

Franklin Park Neighborhood

Estimated Value: $463,000 - $700,000

8 Beds
2 Baths
3,186 Sq Ft
$177/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $180,000 $56 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $3,488/month

About This Home

As of April 2018

Great opportunity for an owner occupant or an investor to buy in Franklin Park! Large brick duplex with 3 beds/1bath and attic unit per side. Both units are rented at $825 per month plus gas and electric. Property is sub-metered through Spectrum Utilities so each unit can be billed separately with a new lease. Current leases run through April 2018. Lot of development in the area. With the right improvements the rents can be increased significantly.

Last Agent to Sell the Property

Daniel Lim

List Listed on: 03/26/2018

Last Buyer's Agent

Chris Fusco

RE/MAX Partners License #2016003192

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 3,186 Sq Ft Home
  • Duplex

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Gross Income $19,800

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-039222

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 19800.0
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Subdivision Name: Franklin Park/Olde Towne East Area
  • Income Expenses Gross Income: 19800.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3186.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-039222
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1246.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2020
Sold by
415 417 Morrison Ave Llc
Bought by
Bernstein Eric
Total Days on Market
0
Current Estimated Value
$564,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Outstanding Balance
$277,926
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$288,170

Purchase Details

Closed on
Apr 23, 2020
Sold by
Bernstein Eric
Bought by
415 417 Morrison Ave Llc

Purchase Details

Closed on
Dec 13, 2019
Sold by
415 417 Morrison Ave Llc
Bought by
Bernstein Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2019
Sold by
Bernstein Eric
Bought by
415 417 Morrison Ave Llc

Purchase Details

Listed on
Mar 26, 2018
Closed on
Apr 9, 2018
Sold by
Mcgowan Neil Z
Bought by
Bernstein Eric
Seller's Agent
Daniel Lim
List
Buyer's Agent
Chris Fusco
RE/MAX Partners
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%

Purchase Details

Closed on
Feb 26, 2016
Sold by
Gray Harbor Holdings Llc
Bought by
Mcgowan Neil Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,125
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2013
Closed on
Apr 25, 2013
Sold by
Cash Buyer 1 Llc
Bought by
Gray Harbor Holdings Llc
Seller's Agent
Raymond Smith
RESCO Realty
Buyer's Agent
Raymond Smith
RESCO Realty
List Price
$74,900
Sold Price
$65,000
Premium/Discount to List
-$9,900
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Lcwh Llc
Bought by
Cash Buyer 1 Llc

Purchase Details

Closed on
Oct 3, 2011
Sold by
Davis Douglas and Davis Doug
Bought by
Lcwh Llc

Purchase Details

Closed on
Dec 19, 2007
Sold by
Tristate Investment Trust Inc
Bought by
Davis Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Tristate Investment Trust Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2007
Sold by
Malaj Ilir Marc
Bought by
Deutsche Bank National Trust Co and Soundview Home Loan Trust 2006-Opt5

Purchase Details

Closed on
Mar 28, 2006
Sold by
Douglas Kevin
Bought by
Malaj Ilir Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Douglas Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 10, 2005
Sold by
Thompson Debra
Bought by
Deutsche Bank National Trust Co and Argent Securities Inc Asset Backed Pass

Purchase Details

Closed on
Oct 16, 2003
Sold by
Venable James K
Bought by
Thompson Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 1999
Sold by
Goodknight Gwendolyn E and Goodknight James
Bought by
Venable James K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,750
Interest Rate
7.28%
Mortgage Type
Balloon

Purchase Details

Closed on
May 4, 1999
Sold by
Palweis and Palmieri Paschal J
Bought by
Goodnight Gwendolyn E

Purchase Details

Closed on
May 7, 1998
Sold by
Gwendolyn E Goodknight Trust
Bought by
Crowl John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Interest Rate
7.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 1984
Bought by
Palweis

Purchase Details

Closed on
Nov 1, 1983

Purchase Details

Closed on
Dec 1, 1979
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 Buyer Sale Price Title Company
Bernstein Eric -- Landsel Title Agency Inc
415 417 Morrison Ave Llc -- None Available
Bernstein Eric -- Great American Title
415 417 Morrison Ave Llc -- None Available
Bernstein Eric $180,000 Associates Title
Mcgowan Neil Z $66,000 Associates Title Inc
Gray Harbor Holdings Llc $65,000 None Available
Cash Buyer 1 Llc $12,500 Stewart Tit
Lcwh Llc $24,000 None Available
Davis Douglas $65,000 Title First
Tristate Investment Trust Inc $48,000 Accutitle Agency Inc
Deutsche Bank National Trust Co $68,000 None Available
Malaj Ilir Marc $180,000 World Class
Douglas Kevin $49,900 Resourceti
Deutsche Bank National Trust Co $60,000 --
Thompson Debra $120,000 Virtual Title Agency Inc
Venable James K $19,000 --
Goodnight Gwendolyn E $11,900 270 Title Agency
Crowl John J $14,858 --
Palweis -- --
-- -- --
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Eric $164,000
Open Bernstein Eric $309,000
Previous Owner Bernstein Eric $301,000
Previous Owner Mcgowan Neil Z $80,500
Previous Owner Mcgowan Neil Z $49,125
Previous Owner Gary Harbor Holdings Llc $120,000
Previous Owner Davis Douglas $96,000
Previous Owner Malaj Ilir Marc $180,000
Previous Owner Douglas Kevin $106,000
Previous Owner Thompson Debra $108,000
Previous Owner Venable James K $54,000
Previous Owner Venable James K $32,750
Previous Owner Crowl John J $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Sold $180,000 -10.0% $56 / Sq Ft
03/26/2018 03/26/18 For Sale $199,900 +207.5% $63 / Sq Ft
04/19/2013 04/19/13 Sold $65,000 -13.2% $20 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $74,900 -- $24 / 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 $3,819 $188,520 $21,740 $166,780
2023 $3,772 $188,510 $21,735 $166,775
2022 $3,348 $165,380 $1,400 $163,980
2021 $3,354 $165,380 $1,400 $163,980
2020 $8,818 $165,380 $1,400 $163,980
2019 $3,917 $63,000 $1,400 $61,600
2018 $1,383 $20,300 $1,400 $18,900
2017 $1,246 $20,300 $1,400 $18,900
2016 $1,672 $24,610 $3,220 $21,390
2015 $1,522 $24,610 $3,220 $21,390
2014 $1,526 $24,610 $3,220 $21,390
2013 $792 $25,900 $3,395 $22,505
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Daniel Lim

    List

  • Chris Fusco

    Buyer's Agent in 2018

    Chris Fusco

    RE/MAX

    (614) 224-4900

    28 Total Sales

    Chris Fusco
    Section Image

  • R

    Seller's Agent in 2013

    Raymond Smith

    RESCO Realty

    44 Total Sales

    Raymond Smith
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218009020

Columbus and Central Ohio Regional MLS

APN: 010-039222

Ohio Franklin County Columbus 43205 Franklin Park

415 Morrison Ave Unit 417, Columbus, OH

This home is located at 415 Morrison Ave Unit 417, Columbus, OH 43205 since 26 March 2018 and is currently estimated at $564,655, approximately $177 per square foot. This property was built in 1900. 415 Morrison Ave Unit 417 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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