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309 South 4th Street

309 South 4th Street, Columbus, OH 43215
Multifamily in Downtown Columbus
1 Units For Sale
Unit for sale at 309 S 4th Street, Columbus, OH 43215

$10,500,000

  • Studio
  • 57,590 ft²
309 S 4th Street, Columbus, OH 43215 Listing by Roxy Ponce

309 South 4th Street in Columbus, OH was first built in 1902 and is 122 years old. Although, the building on the property was most recently renovated and altered in 2018. This has been categorized as a commercial property type. There are a total of 5 floors. 309 South 4th Street has 57,590 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 11,417 square feet.

Learn more about the property and building on this page. The building type has been coded as 2. The code stands for buildings that have fireproofed reinforced concrete frames carrying all wall, floor and roof loads which are all non-combustible.. Water for the property is sourced from a municipal 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 steel control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. The property was last sold in May 7, 2014 for $1,800,000. That's $26.72 per sqft. Prior to that sales transaction, the property was also sold in Oct 29, 2013 for $1,124,100. 309 South 4th Street was last assessed in 2022. The total value of the property was assessed at $1,717,740. Specifically, the land the property is located on was valued at $49,390. While improvements on the property were assessed at a total of $1,668,350. 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 $32,062. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220926
09/26/2022
Studio
-
44336 ft²
$12,000,000
bedrooms
Studio
bathrooms
-
square feet
44336 ft²
-
-
-
Jeffrey Sheu
Smart Move, Realtors

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Steel
  • Floor Count: 5
  • Basement Type: Unspecified basement
  • Basement Area: 9,782
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,417
  • Total Building Area: 67,372
  • Gross Building Area: 67,372
  • Building Area: 67,372
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 57,590
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Building Type: Fireproof reinforced concrete frames/Non-combustible materials
  • Property Class: Commercial
  • Subdivision: PLAT OF COLUMBUS
  • Land Acres: 0.262
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: 315 S 4TH ST COM OF COURT IN LOT 603-4

Ownership

  • Current Owner : MERCANTILE CONDOMINIUMS LLC
  • Previous Owner : MERCANTILE 309 LLC
  • Owner Before Previous Owner: 309 SOUTH FOURTH STREET LTD
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Columbus City School District
  • School Tax School District: COLUMBUS CSD
  • Census Tract: 004002

Geography

  • Assessors Map Reference: 010G040 05100
  • Parcel: 010-044614
  • Lot: 603-4
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9561
  • Longitude: -82.9954

    Address

  • Full Address: 309 S 4th St
  • Address - House Number: 309
  • Street Direction: S
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: OH
  • City Name: Columbus
  • Carrier Code: C023
  • 4-Digit Zip Code: 5428
  • Zip Code: 43215

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,062
  • Tax Rate Code Area: 10

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,376,000
  • First Open Lien Mortgage Lender: GREYSTONE SERVICING COMPANY LL
  • First Open Lien Mortgage Recording Date: Aug 09, 2019
  • First Open Lien Mortgage Loan Amount: $5,376,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2029

    Market Valuation

  • Market Total Value: $4,907,800
  • Market Land Value: $141,100
  • Market Improvement Value: $4,766,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,717,740
  • Assessed Land Value: $49,390
  • Assessed Improvements Value: $1,668,350

    Sales

  • Current Sale Contract Date: May 07, 2014
  • Current Sale Recording Date: May 08, 2014
  • Current Sale Transaction ID: 1113932177
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 201405080057310
  • Previous Sale Recording Date: Nov 05, 2013
  • Previous Sale Contract Date: Oct 29, 2013
  • Previous Sale Amount: $1,124,100
  • Previous Sale Document Type: Warranty Deed

About Downtown Columbus



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Frequently Asked Questions

What neighborhood is 309 South 4th Street located in?
The 309 South 4th Street is a multifamily located in the neighborhood of Downtown Columbus in Downtown Columbus, Columbus.
How many listings are currently for sale in 309 South 4th Street?
There is a listing currently on the market for sale.
What is the average sales price for listings in 309 South 4th Street?
The average sales price for units in 309 South 4th Street is $10,500,000 , or $182/sqft. currently.

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