NOT LISTED FOR SALE

479 W State St Unit 481 Columbus, OH 43215

East Franklinton Neighborhood

Estimated Value: $392,934 - $711,000

6 Beds
2 Baths
2,352 Sq Ft
$251/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $405,000 $172 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,881/month

15 Days on Market

About This Home

As of November 2019

WEST FRANKLINTON GROUND-ZERO! Great brick double across the street from the Idea Foundry, Gravity 2.0; 5 min from Brew Dog, Land Grant, 400 W. Rich. Interior is rehabbed complete with radon removal system in each side. Owners live in one side and 2nd side is leased for $975 through July, 2020. (Rent could be much higher.) Bedrooms are large and laundry is on the 2nd floor. Full basements add lots of storage. Parking is on-street but has not been an issue for owners/tenants. Perfect for a creative type who wants to build equity by having a tenant pay towards the mortgage. Or perfect for an investor who wants in before more Franklinton development happens. Photos are of owners' side. The tenants' side is a mirror image. This is a good one!

Last Listed By

Jill Fergus

Keller Williams Capital Ptnrs License #379857 Listed on: 09/04/2019

Keller Williams Capital Ptnrs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,097

Year Built

  • Built in 1896

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • 2,352 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Additional Features

  • Washer and Dryer Hookup
  • 1,742 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Basement

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-045497

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $200
  • Gross Income $11,700
  • Net Operating Income $11,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,097

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1896
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.04
  • Total Gross Income: 11700.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Subdivision Name: Franklinton, West Franklinton
  • Income Expenses Gross Income: 11700.0
  • Annual Expenses: 200.0
  • General Property Info Building Sq Ft: 2352.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-045497
  • Lot Size Sq Ft: 1742.4

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11500.0
  • Annual Operating Expense: 200.0

Tax Info

  • Tax Annual Amount: 4096.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Compton Blake M and King Mackenzie A
Bought by
Compton Blake M
Total Days on Market
15
Current Estimated Value
$589,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Outstanding Balance
$347,880
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$241,854

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 28, 2019
Sold by
Mcgovern Michael D and Hollingsworth Victoria K
Bought by
Compton Blake M and King Mackenzie A
Seller's Agent
Jill Fergus
Keller Williams Capital Ptnrs
Buyer's Agent
Andrew Hebert
Howard Hanna Real Estate Svcs
List Price
$475,000
Sold Price
$405,000
Premium/Discount to List
-$70,000
-14.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$305,600
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2017
Sold by
Fifth Real Estate Llc
Bought by
Mcgovern Michael D and Hollingworth Victorai K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,355
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2012
Sold by
Avradopoulos Petros K and Avradopoulos Peter
Bought by
Fifth Real Estate Llc

Purchase Details

Closed on
Jan 12, 2001
Sold by
Caines Bill and Caines Polly
Bought by
Avradopoulos Peter

Purchase Details

Closed on
Apr 2, 1985
Bought by
Caines Bill

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
Compton Blake M -- Transcounty Title Agency Llc
Compton Blake M $405,000 Northwest Select Ttl Agcy Ll
Mcgovern Michael D $190,900 Northwest Title Family Of Co
Fifth Real Estate Llc -- Attorney
Avradopoulos Peter $32,000 --
Caines Bill -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compton Blake M $372,000
Closed Compton Blake M $305,600
Closed Mcgovern Michael D $181,355
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $405,000 -14.7% $172 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $475,000 -- $202 / 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 $7,155 $141,750 $2,170 $139,580
2023 $7,091 $141,750 $2,170 $139,580
2022 $16,022 $141,760 $1,930 $139,830
2021 $8,115 $141,760 $1,930 $139,830
2020 $4,405 $76,800 $1,930 $74,870
2019 $4,104 $66,820 $1,720 $65,100
2018 $3,080 $66,820 $1,720 $65,100
2017 $2,091 $33,640 $1,720 $31,920
2016 $1,586 $23,350 $1,720 $21,630
2015 $722 $23,350 $1,720 $21,630
2014 $1,448 $23,350 $1,720 $21,630
2013 $1,113 $36,400 $1,715 $34,685
Source: Public Records

Agents Affiliated with this Home

  • Jill Fergus

    Seller's Agent in 2019

    Jill Fergus

    Keller Williams Capital Ptnrs

    (614) 296-6789

    91 Total Sales

    Jill Fergus
    Section Image

  • A

    Buyer's Agent in 2019

    Andrew Hebert

    Howard Hanna Real Estate Svcs

    (614) 507-3701

    23 Total Sales

    Andrew Hebert
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219033323

Columbus and Central Ohio Regional MLS

APN: 010-045497

Ohio Franklin County Columbus 43215 East Franklinton

479 W State St Unit 481, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 479 W State St Unit 481, Columbus, OH 43215 since 04 September 2019 and is currently estimated at $589,734, approximately $250 per square foot. This property was built in 1896. 479 W State St Unit 481 is a home located in Franklin County with nearby schools including Starling PK-8, Sullivant Elementary School, and West 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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