NOT LISTED FOR SALE

Estimated Value: $651,000 - $865,000

6 Beds
3 Baths
2,764 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $810,000 $293 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,284/month

21 Days on Market

Highlights

  • 0.15 Acre Lot
  • Detached Garage
  • 5-minute walk to Frank Fetch Memorial Park

About This Home

As of July 2022

RARE INVESTMENT OPPORTUNITY IN HIGHLY DESIRABLE GERMAN VILLAGE!! Beautiful brick exterior building with 3,2 bedroom,1 bathroom townhome units and a detached three car garage. This building makes for the perfect long-term investment property, owner occupied rental or short term Airbnb opportunities without the restrictions of an homeowners association or condo association! Situated in a prime location, this freestanding three unit building it's just steps from all of the hottest amenities German Village has to offer and is sure to attract renters looking for city proximity with the luxury of designated parking and a fenced in backyard oasis. All units are equal size and the same layout with recent, identical, kitchen and bathroom remodels. Each unit has a basement with ample storage.

Last Agent to Sell the Property

Sarah Martie

Keller Williams Greater Cols License #2014004650 Listed on: 06/22/2022

Keller Williams Greater Cols

Last Buyer's Agent

Vincent Mancini

KW Classic Properties Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,460

Year Built

  • Built in 1926

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 2,764 Sq Ft Home

Parking

  • Detached Garage
  • Garage Door Opener

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-007638

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,310
  • Gross Income $49,440
  • Net Operating Income $2,809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,460

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1926
  • Tax Year: 2021
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.15
  • Total Gross Income: 49440.0
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Income Expenses Gross Income: 49440.0
  • Annual Expenses: 1310.0
  • General Property Info Building Sq Ft: 2764.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Garage Door Opener

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-007638
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 2809.0
  • Annual Operating Expense: 1310.0

Tax Info

  • Tax Annual Amount: 11460.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 4, 2022
Sold by
Maude Properties Llc
Bought by
Joe Knows Autos Llc
Seller's Agent
Sarah Martie
Keller Williams Greater Cols
Buyer's Agent
Vincent Mancini
KW Classic Properties Realty
List Price
$799,900
Sold Price
$810,000
Premium/Discount to List
$10,100
1.26%
Total Days on Market
21
Current Estimated Value
$786,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,162
Avg. Annual Appreciation
-1.38%

Purchase Details

Closed on
Jul 16, 2013
Sold by
Swain Marshall W and Swain Connie L
Bought by
Frankfort Street Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,500
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
Frankfort Street Properties Llc
Bought by
Swain Marshall W and Swain Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2000
Sold by
Tugend Thomas G and Pero Colleen A
Bought by
Swain Marshall W and Swain Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
8.18%

Purchase Details

Closed on
Mar 3, 1997
Sold by
Peshke Nancy A
Bought by
Tugend Thomas G and Pero Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,275
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 1993

Purchase Details

Closed on
Nov 1, 1983
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
Joe Knows Autos Llc $810,000 New Title Company Name
Frankfort Street Properties Llc -- None Available
Swain Marshall W -- Lawyers Tit
Swain Marshall W $333,500 Amerititle Agency Inc
Tugend Thomas G $309,700 --
-- $150,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frankfort Street Properties Llc $456,500
Previous Owner Swain Marshall W $262,500
Previous Owner Swain Marshall W $225,000
Previous Owner Swain Marshall W $225,000
Previous Owner Tugend Thomas G $232,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $810,000 +1.3% $293 / Sq Ft
06/08/2022 06/08/22 For Sale $799,900 +30.1% $289 / Sq Ft
08/31/2018 08/31/18 Sold $615,000 +3.4% $223 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $595,000 -- $215 / 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 $11,016 $240,380 $131,950 $108,430
2023 $11,029 $240,380 $131,950 $108,430
2022 $11,440 $215,260 $63,180 $152,080
2021 $11,460 $215,260 $63,180 $152,080
2020 $11,477 $215,260 $63,180 $152,080
2019 $13,385 $215,260 $63,180 $152,080
2018 $8,958 $162,060 $63,180 $98,880
2017 $10,075 $162,060 $63,180 $98,880
2016 $8,629 $127,020 $34,480 $92,540
2015 $7,856 $127,020 $34,480 $92,540
2014 $7,876 $127,020 $34,480 $92,540
2013 $3,699 $120,960 $32,830 $88,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222020282

Columbus and Central Ohio Regional MLS

APN: 010-007638