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1580 East Mound Street

1580 East Mound Street, Columbus, OH 43205
Commercial in South of Main
1 Units For Sale
Unit for sale at 1580 E Mound Street, Columbus, OH 43205

$1,500,000

  • Studio
  • 10,944 ft²
1580 E Mound Street, Columbus, OH 43205 Listing by Jeffrey Sheu

1580 East Mound Street in Columbus, OH was first built in 1963 and is 61 years old. Although, the building on the property was most recently renovated and altered in 1985. This has been categorized as a unknown property type. There are a total of 2 floors. 1580 East Mound Street has 10,944 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,323 square feet.

Learn more about the property and building on this page. Water for the property is sourced from unknown system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. The quality of the control joints have been graded by the local assessor with a letter grade of unknown. The condition of the building has been evaluated as unknown. Walk into the home itself and you'll find that it is currently being cooled with unknown. As for heating, the home is utilizing unknown and being fueled with unknown. The property was last sold in Aug 11, 2021 for $1,300,000. That's $118.79 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2017 for $170,000. 1580 East Mound Street was last assessed in 2022. The total value of the property was assessed at $68,890. Specifically, the land the property is located on was valued at $5,850. While improvements on the property were assessed at a total of $63,040. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,316. The initial tax year of delinquency was in 2017. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

Building Features

Exterior

Masonry Exterior
Brick Exterior
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231201
12/01/2023
Studio
-
10944 ft²
$1,500,000
bedrooms
Studio
bathrooms
-
square feet
10944 ft²
-
-
-
Jeffrey Sheu
Smart Move, Realtors
20220415
04/15/2022
Studio
-
10944 ft²
$2,000,000
bedrooms
Studio
bathrooms
-
square feet
10944 ft²
-
-
-
Kirstie Ponce
Smart Move, Realtors
20190311
03/11/2019
Studio
-
10944 ft²
$650,000
bedrooms
Studio
bathrooms
-
square feet
10944 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 13
  • Business/Commerical Units Count: 13
  • Basement Area: 3,648
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,323
  • Total Building Area: 10,944
  • Gross Building Area: 10,944
  • Building Area: 10,944
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 10,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: M C LILLEYS SUB
  • Land Acres: 0.122
  • Legal Description 1: COR BERKLEY AVE& MOUND MC LILLEY LOT 15

Ownership

  • Current Owner : 1580 MOUND LLC
  • Previous Owner : 1580 E MOUND LLC
  • Owner Before Previous Owner: FOSTER STEVEN D
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Columbus City School District
  • School Tax School District: COLUMBUS CSD
  • Census Tract: 005410

Geography

  • Assessors Map Reference: 010I047 01200
  • Parcel: 010-029273
  • Lot: 15
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9565
  • Longitude: -82.9567

    Address

  • Full Address: 1580 E Mound St
  • Address - House Number: 1580
  • Street Direction: E
  • Address - Street Name: Mound
  • Address - Suffix Type: St
  • State: OH
  • City Name: Columbus
  • Carrier Code: C018
  • 4-Digit Zip Code: 2462
  • Zip Code: 43205

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,316
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.4792
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 4
  • Final Value: 241,819
  • High Value: 357,701
  • Low Value: 125,936

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $975,000
  • First Open Lien Mortgage Lender: STRONGHILL CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Sep 13, 2021
  • First Open Lien Mortgage Loan Amount: $975,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2031

    Market Valuation

  • Market Total Value: $196,800
  • Market Land Value: $16,700
  • Market Improvement Value: $180,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,890
  • Assessed Land Value: $5,850
  • Assessed Improvements Value: $63,040

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Transaction ID: 11855405276
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 202109130161716
  • Previous Sale Recording Date: Oct 25, 2017
  • Previous Sale Contract Date: Oct 10, 2017
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: STRONGHILL CAPITAL LLC
  • First Mortgage Transaction Date: Sep 13, 2021
  • First Mortgage Loan Amount: $975,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: MIDLAND TRUST CO
  • Previous Mortgage Transaction Date: Oct 25, 2017
  • Previous Mortgage Loan Amount: $245,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown

About Near East Columbus



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Frequently Asked Questions

What neighborhood is 1580 East Mound Street located in?
The 1580 East Mound Street is a commercial located in the neighborhood of South of Main in Near East Columbus, Columbus.
How many listings are currently for sale in 1580 East Mound Street?
There is one unit for sale right now.
What is the average sales price for listings in 1580 East Mound Street?
The average sales price for units in 1580 East Mound Street is $1,500,000 , or $137/sqft. currently.

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