$385,000
SOLD OCT 11, 2022
0.24 Acre
$1,604,167 Price per Acre
10,454 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

27% Below List Price

94 Days on Market

About This Lot

As of October 2022

Attention Developers! This is a rare value-added investment opportunity to take the ball and run with it. Seller has already applied for and received approval from the City of Columbus and the Near East Side Plan, combining the two lots and approving two 3-unit buildings onto the one lot. Architectural drawings are available when in contract. Already zoned ARLD as a multi-family, this site may benefit from federal and state tax credits. Located in an OPPORTUNITY ZONE which offers tax benefits to investors, it's in a burgeoning walkable community, diverse and up and coming. The preliminary work completed by the seller, brings tremendous value to a project, including architectural plans and legal work for variances, certifications and zoning.

Last Agent to Sell the Property

M Ellis

Keller Williams Capital Ptnrs License #379257 Listed on: 06/06/2022

Keller Williams Capital Ptnrs

Co-Listed By

Joseph C Jackson

Keller Williams Capital Ptnrs License #2014000204

Last Buyer's Agent

Daniel Lim

Lim Realty Group License #2016002964

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,289

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Additional Parcels

Home Design

  • 2,472 Sq Ft Home
  • Masonry

Community Details

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 010-002707

Property Details

Property Type

Land

Est. Annual Taxes

$6,289

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Land/Farm
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Multi-Family Land
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: 05420
  • Co List Office Phone: 614-888-1000
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Subdivision Name: Olde Town East
  • Sewer:Public Sewer: Yes
  • Services Available Water2: Yes
  • General Property Info Residential DwellingOther Structure YN: No
  • General Property Info # of Buildings2: 2
  • General Property Info Building Sq Ft: 2472.0
  • Addl Acceptance Cond Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Construction:Masonry2: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-002707
  • Lot Size Sq Ft: 10454.4
  • Additional Parcels Description: 010-035030-00
  • Additional Parcels: Yes
  • Zoning Description: ARLD

Tax Info

  • Tax Annual Amount: 6289.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Sep 22, 2022
Sold by
Shin-1 Investment Llc
Bought by
Goldeiro Llc
Seller's Agent
M Ellis
Keller Williams Capital Ptnrs
Buyer's Agent
Daniel Lim
Lim Realty Group
List Price
$525,000
Sold Price
$385,000
Premium/Discount to List
-$140,000
-26.67%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.67%
Original Mortgage
$328,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 26, 2020
Sold by
Shin Lawrence Y
Bought by
Shin Investment Llc

Purchase Details

Listed on
Aug 10, 2019
Closed on
Nov 11, 2019
Sold by
Lenskers Ote Llc
Bought by
Shin Lawrence Y
Seller's Agent
Jeffrey Sheu
Smart Move, Realtors
Buyer's Agent
Misty Linn
Core Realty Collection
List Price
$289,900
Sold Price
$415,000
Premium/Discount to List
$125,100
43.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Oct 5, 2017
Sold by
Raymond Jeffery L
Bought by
Lenskers Ote Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 1981
Bought by
Raymond Jeffrey L
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 Type Sale Price Title Company
Warranty Deed $385,000 Northwest Select Title
Warranty Deed -- None Available
Warranty Deed $415,000 Pm Title Box
Warranty Deed $270,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,000 Credit Line Revolving
Closed $328,000 Credit Line Revolving
Previous Owner $189,000 Commercial
Previous Owner $30,050 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $499,900 +20.5% $202 / Sq Ft
03/31/2025 03/31/25 Off Market $415,000 -- --
03/07/2025 03/07/25 Price Changed $575,000 -32.0% $233 / Sq Ft
02/22/2025 02/22/25 For Sale $845,000 +119.5% $342 / Sq Ft
10/11/2022 10/11/22 Sold $385,000 -9.4% $156 / Sq Ft
09/04/2022 09/04/22 Price Changed $425,000 -5.6% $172 / Sq Ft
08/31/2022 08/31/22 Price Changed $450,000 -9.1% $182 / Sq Ft
07/21/2022 07/21/22 Price Changed $495,000 -5.7% $200 / Sq Ft
06/06/2022 06/06/22 For Sale $525,000 +26.5% $212 / Sq Ft
11/19/2019 11/19/19 Sold $415,000 +53.8% $168 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $269,900 -6.9% $109 / Sq Ft
08/10/2019 08/10/19 For Sale $289,900 0.0% $117 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $289,900 -3.3% $117 / Sq Ft
07/10/2019 07/10/19 Price Changed $299,900 -6.3% $121 / Sq Ft
05/29/2019 05/29/19 Price Changed $319,900 -1.5% $129 / Sq Ft
05/21/2019 05/21/19 For Sale $324,900 -- $131 / 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 $3,617 $78,330 $37,660 $40,670
2023 $3,695 $78,330 $37,660 $40,670
2022 $6,278 $118,130 $6,130 $112,000
2021 $6,289 $118,130 $6,130 $112,000
2020 $6,298 $118,130 $6,130 $112,000
2019 $6,026 $94,500 $4,900 $89,600
2018 $5,432 $94,500 $4,900 $89,600
2017 $1,892 $42,070 $4,900 $37,170
2016 $1,732 $33,710 $6,440 $27,270
2015 $1,580 $33,710 $6,440 $27,270
2014 $1,534 $33,710 $6,440 $27,270
2013 $714 $30,660 $5,880 $24,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222019976

Columbus and Central Ohio Regional MLS

APN: 010-002707