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512 Fairwood Avenue

512 Fairwood Avenue, Columbus, OH 43205
Multifamily in South of Main
Local assessors in Columbus, OH have categorized 512 Fairwood Avenue as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 3,001 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 512 Fairwood Avenue has a total of 1,762 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 512 Fairwood Avenue sold most recently in Mar 16, 2023 for a total of $125,000. If you work out the math, that's approximately a cost of $70.94 per sqft. Before that, the property was also sold for $125,000 in Mar 9, 2020. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,496 in taxes each year. The initial year of tax delinquency occurred in 2021. 512 Fairwood Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $43,760. If we break it down further, the land itself was valued at $1,160. Improvements to the property, however, were assessed at a total of $42,600. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210517
05/17/2021
Studio
-
1762 ft²
$205,000
bedrooms
Studio
bathrooms
-
square feet
1762 ft²
-
-
-
Donald A Payne
Vision Realty, Inc.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,762
  • Gross Building Area: 1,762
  • Building Area: 1,762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,762
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: A C DONEYS SUB
  • Land Acres: 0.069
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • State Land Use Code: Business personal property general
  • Legal Description 1: 512 FAIRWOOD & 1735 MCALLISTER DONEYS PT LOTS 9-10-11

Ownership

  • Current Owner : 512 FAIRWOOD AVE LLC
  • Previous Owner : HOUSE SHARE HOLDINGS LLC
  • Owner Before Previous Owner: ROYAL HOME SOLUTIONS INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 11, 2024

Neighborhood

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

Geography

  • Assessors Map Reference: 010I049 05400
  • Parcel: 010-069971
  • Lot: 9-10-
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9567
  • Longitude: -82.9527

    Address

  • Full Address: 512 Fairwood Ave
  • Address - House Number: 512
  • Address - Street Name: Fairwood
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Columbus
  • Carrier Code: C018
  • 4-Digit Zip Code: 2550
  • Zip Code: 43205

Valuation

    Tax

  • Total Area: 881
  • Tax Year: 2022
  • Tax Amount: $5,496
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.1249
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 86
  • Final Value: 170,089
  • High Value: 191,343
  • Low Value: 148,836

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $3,300
  • Market Improvement Value: $121,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,760
  • Assessed Land Value: $1,160
  • Assessed Improvements Value: $42,600

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Transaction ID: 11904899172
  • Current Sale Price: $125,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 32894
  • Previous Sale Recording Date: Mar 16, 2020
  • Previous Sale Contract Date: Mar 09, 2020
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGONE LLC
  • Previous Mortgage Transaction Date: Mar 16, 2020
  • Previous Mortgage Loan Amount: $171,250
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Apr 01, 2021

About Near East Columbus



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Frequently Asked Questions

What neighborhood is 512 Fairwood Avenue located in?
The 512 Fairwood Avenue is a multifamily located in the neighborhood of South of Main in Near East Columbus, Columbus.
What is the average sales price for listings in 512 Fairwood Avenue?
The average sales price for units in 512 Fairwood Avenue is $0 currently.

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