NOT LISTED FOR SALE

Estimated Value: $270,000 - $374,000

6 Beds
2 Baths
2,408 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $220,000 $91 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,121/month

8 Days on Market

About This Home

As of December 2020

Highest and best. Currently 6 offers. Offers due by Tues 12/1/20. Leave offers open until Wed 12/2/20 at 7PM. Welcome home. This duplex on Rich St in Franklinton has 3 bedrooms, 1 bath, and 1 car garage, per side! 771 W Rich has a long-term tenant at $700 a month on a M2M lease. 3-bedroom townhomes here average $950-975 a month. 773 is vacant for you to see. Perfect for an owner occupant or investor. Live in one side and rent the other side, or flip it. See 215 Avondale that closed this year for $317k! These units are roomy. Each unit boasts a living, formal dining room, kitchen, 2 covered porches, a big yard, a divided garage, fenced yard and full basement. Sold ''as is.''

Last Listed By

Tristam Griffith

Cap Rate Realty License #2017001343 Listed on: 11/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1918

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 2,408 Sq Ft Home
  • Duplex
  • Frame Construction

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Utilities

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

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-039411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1918
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Co List Office Phone: 506-308-6506
  • MLS Status: Closed
  • Subdivision Name: Franklinton
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2408.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

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: 010-039411
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1404.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Rich Street 771-73 Llc
Bought by
Frambes 103-105 Llc
Total Days on Market
8
Current Estimated Value
$324,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Outstanding Balance
$545,013
Interest Rate
5.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$220,346

Purchase Details

Listed on
Nov 26, 2020
Closed on
Dec 16, 2020
Sold by
Kelly Patricia and Shing Mei Kelly Trust
Bought by
Rich Street 771 73 Llc
Seller's Agent
Tristam Griffith
Cap Rate Realty
Buyer's Agent
Jason Hottle
MODERN OHIO REALTY
List Price
$169,997
Sold Price
$220,000
Premium/Discount to List
$50,003
29.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%

Purchase Details

Closed on
Apr 13, 2005
Sold by
J & J Griffiths Properties Llc
Bought by
Kelly Shing Mei and Shing Mei Trust Agreement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Griffiths Joyce P and Griffiths Jeffrey J
Bought by
J & J Griffiths Properties Llc

Purchase Details

Closed on
Aug 27, 2001
Sold by
Thurman Lester
Bought by
Griffiths Jeffrey J and Griffiths Joyce P

Purchase Details

Closed on
Jul 11, 1988
Bought by
Lester Thurman

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
Frambes 103-105 Llc -- --
Rich Street 771 73 Llc $220,000 Crown Search Services Ltd
Kelly Shing Mei $76,000 Ohio Title
J & J Griffiths Properties Llc -- --
Griffiths Jeffrey J $52,000 --
Lester Thurman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frambes 103-105 Llc $576,000
Previous Owner Kelly Shing Mei $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Off Market $220,000 -- --
12/17/2020 12/17/20 Sold $220,000 +29.4% $91 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/26/2020 11/26/20 For Sale $169,997 -- $71 / 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 $3,856 $84,140 $14,210 $69,930
2023 $3,808 $84,140 $14,210 $69,930
2022 $4,093 $77,010 $1,860 $75,150
2021 $1,464 $27,100 $1,860 $25,240
2020 $1,445 $27,100 $1,860 $25,240
2019 $1,404 $22,580 $1,540 $21,040
2018 $1,245 $22,580 $1,540 $21,040
2017 $1,244 $22,580 $1,540 $21,040
2016 $1,084 $15,960 $1,750 $14,210
2015 $1,089 $15,960 $1,750 $14,210
2014 $990 $15,960 $1,750 $14,210
2013 $542 $17,710 $1,925 $15,785
Source: Public Records

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 220041511

Columbus and Central Ohio Regional MLS

APN: 010-039411