NOT LISTED FOR SALE

53-55 Schultz Ave Columbus, OH 43222

Franklinton Neighborhood

Estimated Value: $171,352 - $234,000

6 Beds
2 Baths
2,352 Sq Ft
$91/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $193,400 $82 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,286/month

20 Days on Market

About This Home

As of November 2022

Tax Abatement in Process! Welcome to 53-55 Schultz Ave in Franklinton! This property is a great fit for an investor searching for their next cash flow/buy & hold opportunity, or the savvy owner-occupant looking to house hack - live in one unit and rent the other to offset your mortgage. This duplex incudes 2, 3 bed, 1 bath units & off street parking. Seller is applying for a TAX ABATEMENT though the City of Columbus, keeping your cashflow strong for the next 15 years! Unit 55 is easy to show. Unit 53 is tenant-occupied - Do not disturb. Recent updates to note – updated Romex wiring, newer water line, newer dimensional roof, double pane insulated windows. Owner/Agent. See A2A.

Last Listed By

James Ross

Red 1 Realty License #2015001860 Listed on: 09/01/2022

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,352 Sq Ft Home
  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-077709

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Subdivision Name: West Franklinton / Belmont
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2352.0
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-077709
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1172.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 14, 2022
Sold by
Avondale Homes Llc
Bought by
Berg Craig Steven
Seller's Agent
James Ross
Red 1 Realty
Buyer's Agent
Timothy Moore
Keller Williams Greater Cols
List Price
$199,900
Sold Price
$193,400
Premium/Discount to List
-$6,500
-3.25%
Total Days on Market
20
Views
38
Current Estimated Value
$213,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,188
Avg. Annual Appreciation
4.03%
Original Mortgage
$145,050
Outstanding Balance
$140,944
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$72,644

Purchase Details

Closed on
Apr 4, 2019
Sold by
Mccomas John M and Mccomas Betty Ann
Bought by
Avondale Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2006
Sold by
Whittaker David M
Bought by
Mccomas John M and Mccomas Betty Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2001
Sold by
Midwest Funding Inc
Bought by
Hall Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,900
Interest Rate
6.8%

Purchase Details

Closed on
Mar 24, 2000
Sold by
Daft L Stephen
Bought by
Midwest Funding Inc

Purchase Details

Closed on
Oct 21, 1997
Sold by
Mccracken Christopher and Mccracken Lori A
Bought by
Daft L Stephen

Purchase Details

Closed on
May 24, 1994

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
Berg Craig Steven $193,400 Search2close
Avondale Homes Llc $67,000 Landsel Title Box
Mccomas John M $50,000 Bexley Titl
Hall Larry $31,000 Amerititle Mill Run
Midwest Funding Inc -- --
Daft L Stephen $80,000 Foundation Title Agency Inc
Mccracken Christopher $50,000 Foundation Title Agency Inc
-- $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berg Craig Steven $145,050
Previous Owner Avondale Homes Llc $308,000
Previous Owner Avondale Homes Llc $63,750
Previous Owner Mccomas John M $50,000
Previous Owner Hall Larry $45,500
Previous Owner Hall Larry $27,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Off Market $193,400 -- --
11/01/2022 11/01/22 Sold $193,400 -0.8% $82 / Sq Ft
09/16/2022 09/16/22 Price Changed $194,900 -2.5% $83 / Sq Ft
09/01/2022 09/01/22 For Sale $199,900 -- $85 / 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 $1,224 $54,820 $6,370 $48,450
2023 $2,480 $54,810 $6,370 $48,440
2022 $1,170 $22,020 $1,680 $20,340
2021 $1,172 $22,020 $1,680 $20,340
2020 $1,174 $22,020 $1,680 $20,340
2019 $797 $12,810 $1,400 $11,410
2018 $917 $12,810 $1,400 $11,410
2017 $796 $12,810 $1,400 $11,410
2016 $1,142 $16,810 $1,650 $15,160
2015 $1,040 $16,810 $1,650 $15,160
2014 $1,042 $16,810 $1,650 $15,160
2013 $571 $18,655 $1,820 $16,835
Source: Public Records

Agents Affiliated with this Home

  • James Ross

    Seller's Agent in 2022

    James Ross

    Red 1 Realty

    (614) 505-5656

    40 in this area

    1,090 Total Sales

    James Ross
    Section Image
  • Timothy Moore

    Buyer's Agent in 2022

    Timothy Moore

    Keller Williams Greater Cols

    (614) 893-9428

    3 in this area

    54 Total Sales

    Timothy Moore
    Section Image
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Map

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 222033032

Columbus and Central Ohio Regional MLS

APN: 010-077709

Ohio Franklin County Columbus 43222 Franklinton

53-55 Schultz Ave, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 53-55 Schultz Ave, Columbus, OH 43222 since 01 September 2022 and is currently estimated at $213,588, approximately $90 per square foot. This property was built in 1920. 53-55 Schultz Ave is a home located in Franklin County with nearby schools including Starling PK-8, West High School, and Educational Academy For Boys & Girls.

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.