Steve Smith
Keller Williams Consultants
(380) 208-0446
334 Total Sales
1 in Short North
$246,200 Price
58 W 3rd Ave Columbus, OH 43201
Short North Neighborhood
12
Beds
--
Baths
14,312
Sq Ft
9,583
Sq Ft Lot
Highlights
- Fireplace
- Forced Air Heating and Cooling System
- 5-minute walk to Thompson Park
About This Home
As of July 2020Amazing Value-add Investment Opportunity. 12 Units. Perfect Location to High Street. The Core of the Short North. Walk to Chipotle! 3 units are used as furnished short-term rentals with management in place. 6 units have been extensively renovated. Great Bones with 11ft ceilings! 12 spot parking pad in the back could be monetized. On-site Coin Laundry in Basement. Very easy to rent due to location. Seller Financing available.
Before Covid, the total monthly cashflow was between $15,000-$19,000 depending on occupancy. Short term rentals occupancy still above 85% during the epidemic
Last Agent to Sell the Property
Carson Thrush
List License #2013003011 Listed on: 04/27/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,027
Year Built
- Built in 1940
Lot Details
- 9,583 Sq Ft Lot
Home Design
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 14,312 Sq Ft Home
- Fireplace
- Washer and Dryer Hookup
- Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Available
Listing and Financial Details
- The owner pays for electricity, gas, sewer, trash collection, water
- Assessor Parcel Number 010-045408
Community Details
Overview
- 12 Units
Building Details
- Operating Expense $70,893
- Gross Income $183,370
- Net Operating Income $112,477
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2020
Closed on
Jul 1, 2020
Sold by
Jeremiah 32 Holdings Llc
Bought by
Seller's Agent
Carson Thrush
List
Buyer's Agent
Zachary White
Signature Real Estate
List Price
$1,575,000
Sold Price
$1,600,000
Premium/Discount to List
$25,000
1.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
May 9, 2017
Sold by
Hall Gary J
Bought by
Jeremiah 32 Holdings Llc
Purchase Details
Closed on
Jan 13, 2011
Sold by
Hall Marie Claire and Hall Marie Claire M
Bought by
Hall Gary J
Purchase Details
Closed on
Aug 14, 1992
Bought by
Hall Gary J
Purchase Details
Closed on
Aug 10, 1992
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Short North, OH
-
Steve Smith
-
Judith Wilson
Judith Wilson
Howard Hanna Real Estate Services
(937) 887-2871
95 Total Sales
2 in Short North
$460,000 Price Range
-
Connie Sadowski
Connie Sadowski
Coldwell Banker Realty
(380) 204-9065
29 Total Sales
1 in Short North
$292,500 Price
-
Corey LaVeris
Corey LaVeris
RE/MAX Affiliates, Inc.
(855) 709-6347
44 Total Sales
2 in Short North
$210K - $857K Price Range
-
Betsy Skrobot
Betsy Skrobot
Lepi & Associates
(220) 203-3841
69 Total Sales
1 in Short North
$555,000 Price
-
Emily Hughes Smith
Emily Hughes Smith
RE/MAX Connection
(888) 559-5237
42 Total Sales
2 in Short North
$255K - $793K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,600,000 | Pillar Title Agency | ||
| Jeremiah 32 Holdings Llc | -- | Pillar Title Ag | |
| Hall Gary J | -- | Pillar Titl | |
| Hall Gary J | $419,500 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,725,000 | ||
| Closed | Valc Investments Llc | $120,000 | |
| Previous Owner | Valc Investments Llc | $1,400,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2020 07/01/20 | Sold | $1,600,000 | +1.6% | $112 / Sq Ft |
| 05/10/2020 05/10/20 | Pending | -- | -- | -- |
| 04/21/2020 04/21/20 | For Sale | $1,575,000 | -- | $110 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $20,094 | $270,730 | $34,020 | $236,710 |
| 2024 | $20,094 | $270,730 | $34,020 | $236,710 |
| 2023 | $19,776 | $270,725 | $34,020 | $236,705 |
| 2022 | $38,190 | $509,250 | $39,130 | $470,120 |
| 2021 | $16,855 | $223,790 | $39,130 | $184,660 |
| 2020 | $16,739 | $223,790 | $39,130 | $184,660 |
| 2019 | $16,027 | $194,600 | $34,020 | $160,580 |
| 2018 | $14,126 | $194,600 | $34,020 | $160,580 |
| 2017 | $16,009 | $194,600 | $34,020 | $160,580 |
| 2016 | $13,223 | $151,940 | $34,020 | $117,920 |
| 2015 | $12,277 | $151,940 | $34,020 | $117,920 |
| 2014 | $12,271 | $151,940 | $34,020 | $117,920 |
| 2013 | -- | $131,250 | $17,850 | $113,400 |
Source: Public Records
Agents Affiliated with this Home
-
CT
Seller's Agent in 2020
Carson Thrush
List
-
Zachary White
Buyer's Agent in 2020
Zachary White
Signature Real Estate
(614) 314-1914
24 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 220012634
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.
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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