NOT LISTED FOR SALE

Estimated Value: $437,000

2 Beds
2 Baths
5,646 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $1,182,500 $209 Per Sq Ft

Current estimated payment $2,745/month

69 Days on Market

Highlights

  • 0.16 Acre Lot
  • Home Security System
  • Forced Air Heating and Cooling System
  • Fireplace

About This Home

As of March 2021

4 Unit Brick Townhouse Condo Building in the heart of the Brewery District. 100% Leased (746 thru 4/1/21; 740-744 thru 7/1/21). Ave Rents: $1,983/mo/unit ($2,100/$1,850/$1,930/$2,050). Below market rents Ave $1.40/SF. Large units (1,452 SF/1,386 SF/1,386 SF/1,422 SF). Completely renovated & updated--all HVAC, Roof, Elec., Plumb., Drywall, windows, doors, flooring, appliances, lighting, kitchens & baths with custom cabinets, granite; Master Baths have jacuzzi, heated floors, glass showers. Full basements with W/D & dry storage. 10' ceilings up/down. 6-car carport, front porches, rear patios, flueless gas fireplaces. This property is a 10! Ideal for investor or owner occupant & easy exit by selling individually. Located at the SEC of S. Front St & W. Frankfort St across from Grange Park.

Last Agent to Sell the Property

Douglas Tenenbaum

Howard Hanna Real Estate Svcs Listed on: 12/23/2020

Last Buyer's Agent

Douglas Tenenbaum

Howard Hanna Real Estate Svcs Listed on: 12/23/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,851

Year Built

  • Built in 1885

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 5,646 Sq Ft Home
  • Fireplace
  • Home Security System
  • Washer and Dryer Hookup
  • Basement

Parking

  • 6 Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-280596

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $33,903
  • Gross Income $95,160
  • Net Operating Income $61,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,851

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1885
  • Tax Year: 2020
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.16
  • Total Gross Income: 95160.0
  • Co List Office Phone: 614-240-7400
  • MLS Status: Closed
  • Subdivision Name: Brewery District/Euro Condominium/German Village
  • Income Expenses Gross Income: 95160.0
  • Annual Expenses: 33903.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 5646.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Carports: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Security System3: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • Parking Features On Street2: Yes
  • General Property Info Carport Spaces2: 3.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-280596
  • Lot Size Sq Ft: 6969.6
  • Additional Parcels Description: 010-280597 010-280598 010-280599
  • Zoning Description: M

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 61256.0
  • Annual Operating Expense: 33903.0

Tax Info

  • Tax Annual Amount: 25851.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2006
Sold by
Front/Frankfort Ltd
Bought by
Frankfort Street Condos Llc
Current Estimated Value
$437,000
Source: Public Records

Range of Values:

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Average Value
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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
Frankfort Street Condos Llc $300,000 Amerititle
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $1,182,500 -5.4% $209 / Sq Ft
12/23/2020 12/23/20 For Sale $1,250,000 -- $221 / 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
2021 $5,768 $108,185 $40,250 $67,935
2020 $5,768 $108,190 $40,250 $67,940
2019 $5,851 $94,090 $35,000 $59,090
2018 $5,778 $94,090 $35,000 $59,090
2017 $6,064 $94,090 $35,000 $59,090
2016 $6,278 $92,410 $38,190 $54,220
2015 $5,716 $92,410 $38,190 $54,220
2014 $5,730 $92,410 $38,190 $54,220
2013 $1,125 $36,785 $4,550 $32,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220043862

Columbus and Central Ohio Regional MLS

APN: 010-280596