1141 Franklin Ave Columbus, OH 43205

4 beds · 2 baths · 2,977 sq ft · Lot Size: 4,996 sq ft · Single Family Home · Olde Town East
Est. Property Value: $591,212

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

1141 Franklin Ave is in the Olde Town East neighborhood of Columbus, OH. It is located in Franklin County and ZIP code 43205. This Single Family Home was built in 1894 and is approximately 131 years old. The single family home spans 2977 sq ft with 4 bedrooms and 2 bathrooms and sits on a 4996 sq ft lot. According to public records, it was last sold in 2023 for $554,900 and has a tax-assessed value of $544,900, which is $199 per sq ft. The Olde Town East area of Columbus has 383 residential homes with an average size of 2437 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1141 Franklin Ave Columbus, OH 43205 with Property Intel by Whitepages.

Owners & Occupancy for 1141 Franklin Ave

No contact information is available.

Occupancy

Resident 1**************** age 60

Property Financials for 1141 Franklin Ave

1141 Franklin Ave, Columbus, OH has a mortgage from General Electric Cu (orig. August 10, 2023). The Franklin county assessment for 2023 values it at $544,900, with annual taxes of $8,450.

Mortgage & Equity Information

Loan Amount$******
LenderGeneral Electric Cu
Origination DateAugust 10, 2023
Interest Rate****%
Term30 Years
Rate TypeAdjustable
Est Balance$********
Due Date******************
Equity View Equity

Property Tax

Purchase DateAugust 04, 2023
Property Tax Amount$8,450 in 2023
Purchase Price$554,900
Assessed Value$544,900 on 2023

Investment Potential for 1141 Franklin Ave

The property has a current estimated value of $591,212, which is 19% above the neighborhood median, based on public records. It last sold on August 04, 2023 for $555K. Projected long-term
is $29,400 annually ($2,450 per month) with a 74% occupancy rate.

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Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
74%in 43205 zip code
 
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Property Details for 1141 Franklin Ave

Property Details

Property Sq Ft

Living Area

2,977 sq ft

22% above market

Lot Size

4,996 sq ft

7% below market

Price Per Sq Ft

Living Area

$199 / sq ft

2% above market

Lot Size Area

$118 / sq ft

29% above market

Property condition, age, exterior, etc. for 1141 Frank…
Longitude: -82.969459 Latitude: 39.961473 Parcel Number (APN): 010-030080…

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Market Benchmarks

Compare data for 1141 Franklin Ave in Franklin County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$591,212
$342,818
$248,394 (72%)
YoY Price Change
Year Built
1894
1979
-85 years
Living Space
2,977 sq ft
2,339 sq ft
638 (27%)
$ Per Living Sq Ft
$199
$146
$53 (36%)
Lot Size
4,996 sq ft
15,028 sq ft
-10032 (-67%)
$ Per Lot Sq Ft
$118
$22
$96 (435%)

Net Operating Income
$15,009
-$2,273 (-15%)
Annual Revenue
$29,400
$26,400
$3,000 (11%)
$10,778
$5,886 (55%)
Net Operating Income
$15,009
-$2,273 (-15%)
Cap Rate
4.57%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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