NOT LISTED FOR SALE

507 S 4th St Unit 509 Columbus, OH 43206

German Village Neighborhood

Estimated Value: $827,000 - $1,013,982

4 Beds
2 Baths
3,193 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $809,000 $253 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,846/month

38 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 4-minute walk to Frank Fetch Memorial Park

About This Home

As of June 2023

RARE OPPORTUNITY to own a handsome historic DUPLEX in German Village! Recently renovated, all brick exterior, two townhouses. SPACIOUS ROOMS, EXPANSIVE FEEL. Great for owner occupant/short term rental/condo conversion. Walk to all that German Village has to offer: shops, restaurants, Schiller Park! Currently being utilized as short term rental w the ability to retain current management & grossed $94,000 last year. Meticulously cared for & regularly deep cleaned. Each side has: large living, dining & kitchen, half bath on 1st floor, rear patio, 2 large bedrooms & bath on 2nd floor, 3rd floor is spacious flex space currently being used as 3rd BR with several beds for short term rental but would be good home office/home gym/artist studio. Basement access from first floor. CLEAN & EXCEPTIONAL

Last Agent to Sell the Property

Lois Miller

KW Classic Properties Realty Listed on: 04/10/2023

Last Buyer's Agent

Richard Barth

Best Corporate Real Estate License #2021006737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,432

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 3,193 Sq Ft Home
  • Fireplace
  • Basement

Utilities

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

Community Details

  • 2 Units
  • Gross Income $93,929

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water
  • Assessor Parcel Number 010-011769

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,432

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1880
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.05
  • Total Gross Income: 93929.0
  • Co List Office Phone: 614-451-8500
  • MLS Status: Closed
  • Subdivision Name: German Village
  • Location Property Info List PriceSqFt: 265.27
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 93929.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3193.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • 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: 010-011769
  • Lot Size Sq Ft: 2178.0

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9432.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 26, 2023
Sold by
Urban Property Holdings Llc
Bought by
507-509 South 4Th Llc
Seller's Agent
Lois Miller
KW Classic Properties Realty
Buyer's Agent
Richard Barth
Best Corporate Real Estate
List Price
$894,000
Sold Price
$809,000
Premium/Discount to List
-$85,000
-9.51%
Views
74
Current Estimated Value
$923,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,746
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Jul 14, 2020
Sold by
Slagie James Alan and Slagie Separate Property Revoc
Bought by
Urban Property Holdings Llc

Purchase Details

Listed on
Jan 27, 2019
Closed on
Apr 2, 2019
Sold by
507 South Fourth Street Llc
Bought by
Slagle James Alan and Slagle Separate Property Revoc
Seller's Agent
Michael Casey
RE/MAX Connection
Buyer's Agent
Lois Miller
KW Classic Properties Realty
List Price
$559,700
Sold Price
$550,000
Premium/Discount to List
-$9,700
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$385,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2016
Sold by
Pressler Laurel Anne and Dawson Michael D
Bought by
507 South Fourth Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 1991
Bought by
Pressler Laurel A

Purchase Details

Closed on
Apr 1, 1986

Purchase Details

Closed on
Dec 1, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
507-509 South 4Th Llc $809,000 Pillar Title
Urban Property Holdings Llc -- None Available
Slagle James Alan $550,000 Clean Title Box
507 South Fourth Street Llc $350,000 Clean Title Box
Pressler Laurel A $140,000 --
-- $93,000 --
-- $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Slagle James Alan $385,000
Previous Owner 507 South Fourth Street Llc $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2023 06/12/23 Sold $809,000 -4.5% $253 / Sq Ft
05/01/2023 05/01/23 Price Changed $847,000 -5.3% $265 / Sq Ft
04/10/2023 04/10/23 For Sale $894,000 +62.5% $280 / Sq Ft
04/02/2019 04/02/19 Sold $550,000 -1.6% $220 / Sq Ft View Prior Sale
02/23/2019 02/23/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $559,000 -0.1% $224 / Sq Ft
01/27/2019 01/27/19 For Sale $559,700 -- $224 / 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 $11,621 $253,580 $90,650 $162,930
2023 $11,862 $262,120 $90,650 $171,470
2022 $9,432 $174,660 $38,120 $136,540
2021 $9,449 $174,660 $38,120 $136,540
2020 $9,312 $174,660 $38,120 $136,540
2019 $7,200 $115,790 $33,150 $82,640
2018 $6,602 $115,790 $33,150 $82,640
2017 $8,541 $115,790 $33,150 $82,640
2016 $8,323 $122,510 $29,790 $92,720
2015 $6,016 $97,270 $29,790 $67,480
2014 $6,031 $97,270 $29,790 $67,480
2013 $2,832 $92,610 $28,350 $64,260
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lois Miller

    KW Classic Properties Realty

  • R

    Buyer's Agent in 2023

    Richard Barth

    Best Corporate Real Estate

    (585) 969-1252

    1 in this area

    4 Total Sales

    Richard Barth
    Section Image
  • Michael Casey

    Seller's Agent in 2019

    Michael Casey

    RE/MAX

    (614) 478-2121

    20 in this area

    668 Total Sales

    Michael Casey
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223009445

Columbus and Central Ohio Regional MLS

APN: 010-011769

Ohio Franklin County Columbus 43206 German Village

507 S 4th St Unit 509, Columbus, OH

Not Listed for Sale

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