NOT LISTED FOR SALE

89 E Frambes Ave Unit 91 Columbus, OH 43201

Northwood Park Neighborhood

Estimated Value: $378,000 - $1,160,179

8 Beds
5 Baths
3,125 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2019

Last sale price $752,880 $241 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,670 / mo

21 Days on Market

About This Home

As of April 2019

This 2-unit, 8-bed OSU off-campus student housing investment property is located less than one block east of N. High Street and The Ohio State University main campus. This double contains a 4 BD/3 BA unit on one side and a 4 BD/2.5 BA unit on the other. The units are updated with central A/C and newer kitchens. Tenants enjoy free laundry and four stackable off-street parking spaces. Tenants pay all utilities. The property is currently 100% occupied for the 2018-19 academic year as well as 100% pre-leased for 2019-20.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 02/22/2019

Last Buyer's Agent

Crystal Williams

Carleton Realty, LLC License #2015003757

Carleton Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,451

Year Built

  • Built in 1900

Lot Details

  • 4,356

Parking

  • Off-Street Parking: 1

Home Design

  • 3,125 Sq Ft Home
  • Duplex
  • Frame Construction

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-022959

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $22,586
  • Gross Income $75,288
  • Net Operating Income $52,702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,451

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 75288.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 240.92
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 75288.0
  • Annual Expenses: 22586.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3125.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: 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:Frame: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

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: 010-022959
  • Lot Size Sq Ft: 4356.0
  • Additional Parcels: No

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Monthly Rent (Other): 3125.0
  • Number Of Units Total: 2
  • Net Operating Income: 52702.0
  • Annual Operating Expense: 22586.0

Tax Info

  • Tax Annual Amount: 5451.0

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
Feb 22, 2019
Closed on
Apr 2, 2019
Sold by
Bought by
Seller's Agent
Matthew Brown
Brown Multifamily Advisors,LLC
Buyer's Agent
Crystal Williams
Carleton Realty, LLC
List Price
$752,880
Sold Price
$752,880
Current Estimated Value
$611,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,835
Avg. Annual Appreciation
-2.82%

Purchase Details

Closed on
Nov 12, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
0.0417%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2008
Sold by
Bought by

Purchase Details

Closed on
May 11, 1995
Sold by
Bought by

Purchase Details

Closed on
Nov 16, 1987

Purchase Details

Closed on
Jul 1, 1986
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$752,900 None Available
-- Attorney
-- Attorney
$95,000 --
$83,000 --
-- --
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
Previous Owner $318,000
Previous Owner $318,750
Previous Owner $128,000
Previous Owner $96,650
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
04/08/2019 04/08/19 Sold $752,880 0.0% $241 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $752,880 -- $241 / 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 $4,081 $89,040 $22,750 $66,290
2024 $4,081 $89,040 $22,750 $66,290
2023 $4,030 $89,040 $22,750 $66,290
2022 $13,331 $250,850 $18,200 $232,650
2021 $13,355 $250,850 $18,200 $232,650
2020 $13,375 $250,850 $18,200 $232,650
2019 $11,143 $179,200 $18,200 $161,000
2018 $4,832 $87,680 $18,200 $69,480
2017 $5,451 $87,680 $18,200 $69,480
2016 $4,637 $68,250 $18,200 $50,050
2015 $4,221 $68,250 $18,200 $50,050
2014 $4,232 $68,250 $18,200 $50,050
2013 $2,087 $68,250 $18,200 $50,050
Source: Public Records

Agents Affiliated with this Home

  • Matthew Brown

    Seller's Agent in 2019

    Matthew Brown

    Brown Multifamily Advisors,LLC

    (614) 519-8689

    16 Total Sales

    Matthew Brown
    Section Image
  • Crystal Williams

    Buyer's Agent in 2019

    Crystal Williams

    Carleton Realty, LLC

    (740) 214-6019

    30 Total Sales

    Crystal Williams
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219004974

Columbus and Central Ohio Regional MLS

APN: 010-022959

Ohio Franklin County Columbus 43201 Northwood Park

89 E Frambes Ave Unit 91, Columbus, OH

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.

Columbus and Central Ohio Regional MLS 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.