Check Availability
$525,000
↓ $25K (4.5%)
Land - For Sale

186 S Gift Street

Columbus, OH 43215
bedrooms
Studio
bathrooms
0 Bath
$2,632
Estimated Monthly
$0
HOA / Fees
1.44%
Cap Rate

About This Property

GREAT OPPORTUNITY! Redevelopment site at the corner of Gifft St. and W. Walnut St., right in the middle of the redevelopment of Franklinton Peninsula. This property is the formerly 3 parcels merged into one--approximately 170' foot frontage. With the ongoing redevelopment efforts in Franklinton, this property boasts immense potential for various ventures. The possibilities are endless. In addition to its favorable location, this property provides ample space and flexibility for redevelopment. The existing structure presents an opportunity to reimagine and transform it into a modern, functional space that meets your specific needs. Take advantage of this exceptional opportunity to be part of the Renaissance happening in Franklinton.
Unit Size
-
Days on Market
183 days
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$54
HOA Dues
-
Year Built
1900
Listed By
Last updated: 2 days ago (CCOMLSOH #223035544)

Price History

Date / Event Date Event Price
Apr 26, 2024 Price Decreased $525,000
↓ $25K (4.6%)
Price Decreased
Oct 28, 2023 No longer available -
No longer available
Oct 27, 2023 Listed by Realty Forward $550,000
Listed by Realty Forward
Jun 2, 2023 Listed by Red 1 Realty, LLC $550,000
Listed by Red 1 Realty, LLC
GREAT OPPORTUNITY! Redevelopment site at the corner of Gifft St. and W. Walnut St., right in the middle of the redevelopment of Franklinton Peninsula. This property is the formerly 3 parcels merged into one--approximately 170' foot frontage. With the ongoing redevelopment efforts in Franklinton, this property boasts immense potential for various ventures. The possibilities are endless. In addition to its favorable location, this property provides ample space and flexibility for…

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,031
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 790
  • Total Building Area: 1,184
  • Gross Building Area: 1,184
  • Building Area: 1,184
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,184
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PETER SCHARTS SUB OF T W TALLMADGES OUTL
  • Land Acres: 0.161
  • Legal Description 1: 186 S GIFT ST SCHART LOTS 5-7

Ownership

  • Current Owner : TORRES LINDA JANERA
  • Current Owner 2: STUCKMAN JAY THOMAS
  • Previous Owner : BORROR RICHARD
  • Owner Before Previous Owner: SHAPIRO GEORGE R
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Columbus City School District
  • School Tax School District: COLUMBUS CSD
  • Census Tract: 004200

Geography

  • Assessors Map Reference: 010F015 00300
  • Parcel: 010-043837
  • Lot: 5-7
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9565
  • Longitude: -83.0148

    Address

  • Full Address: 186 S Gift St
  • Address - House Number: 186
  • Street Direction: S
  • Address - Street Name: Gift
  • Address - Suffix Type: St
  • State: OH
  • City Name: Columbus
  • Carrier Code: C001
  • 4-Digit Zip Code: 4402
  • Zip Code: 43215

Valuation

    Tax

  • Total Area: 512
  • Tax Year: 2022
  • Tax Amount: $649
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 234,041
  • High Value: 280,835
  • Low Value: 187,248

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,780
  • First Open Lien Mortgage Lender: TOPMARK FCU
  • First Open Lien Mortgage Recording Date: Sep 15, 2016
  • First Open Lien Mortgage Loan Amount: $64,780
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2031

    Market Valuation

  • Market Total Value: $32,800
  • Market Land Value: $6,900
  • Market Improvement Value: $25,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,490
  • Assessed Land Value: $2,420
  • Assessed Improvements Value: $9,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 08, 2010
  • Current Sale Recording Date: Oct 13, 2010
  • Current Sale Transaction ID: 1128488369
  • Current Sale Price: $52,500
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 201010130136057
  • Previous Sale Recording Date: Jun 04, 1999
  • Previous Sale Contract Date: May 28, 1999
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: RICHARD BORROR
  • First Mortgage Transaction Date: Oct 13, 2010
  • First Mortgage Loan Amount: $47,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
9,212 ft²
$57/ft²
$525,000 Aug 21, 2023
-
-
House
3 Beds
2.5 Baths
1,838 ft²
$267/ft²
$489,900 Nov 1, 2023
-
$5/mo
House
4 Beds
2.5 Baths
1,937 ft²
$232/ft²
$450,000 Sep 22, 2023
-
-

About Franklinton


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Frequently Asked Questions

When was property at 186 South Gift Street built and last sold?
The property at 186 South Gift Street was built in 1900 and last sold on Oct 8, 2010 for $52,500.
How much is this home worth?
The estimated value of the home located at 186 South Gift Street is $555,500.
What are some comparable homes to 186 South Gift Street?
Homes that are comparable to 186 South Gift Street include a commercial property at 60 South Cypress Avenue, a house property at 999 Bellows Avenue, 1019 Bellows Avenue.

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