NOT LISTED FOR SALE

100 Raine St Pickerington, OH 43147

Estimated Value: $227,000 - $1,907,000

2 Beds
1 Bath
21,528 Sq Ft
$32/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $2,975,000 $138 Per Sq Ft

Current estimated payment $4,610/month

94 Days on Market

About This Home

As of December 2021

•Loan Assumable

•Substantial Opportunity to Rents In-
Line with Submarket

•Well Maintained 100% Occupied Asset

•Strong Market & Submarket Multi-
Family Fundamentals

•Value Add Opportunity for New
Ownership

•Significant Cap Ex Completed During
Current Ownership Hold Period

•Excellent Location that Provides Stable
High-Quality Tenants

Last Listed By

Carter Stephens

NAI Ohio Equities, Realtors Listed on: 08/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,566

Year Built

  • Built in 1990

Lot Details

  • 0.29

Home Design

  • 21,528 Sq Ft Home
  • Duplex

Community Details

  • 12 Buildings
  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number 0410274900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,566

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1990
  • Property Sub-Type: Twin Single
  • Co List Office Mls Id: 08610
  • Co List Office Phone: 614-224-2400
  • Co List Office Phone: 614-224-2400
  • MLS Status: Closed
  • Subdivision Name: Huntwork Gardens
  • General Property Info Building Sq Ft: 21528.0
  • General Property Info # of Buildings: 12.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: PICKERINGTON LSD 2307 FAI CO.

Lot Info

  • Parcel Number: 0410274900
  • Zoning Description: PR12

Multi Family

  • Number Of Units Total: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Dec 17, 2021
Sold by
Teddee Llc
Bought by
Rodan Ohio Llc
Seller's Agent
Carter Stephens
NAI Ohio Equities, Realtors
Buyer's Agent
Katrina Fontenot
Coughlin Realty, Inc.
List Price
$2,750,000
Sold Price
$2,975,000
Premium/Discount to List
$225,000
8.18%
Total Days on Market
94
Current Estimated Value
$681,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,293,780
Avg. Annual Appreciation
-34.40%

Purchase Details

Closed on
Feb 4, 2019
Sold by
Newcastle Properties Inc
Bought by
Teddee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
4.4%
Mortgage Type
Construction

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rodan Ohio Llc -- Stebelton Snider Lpa
Teddee Llc $899,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teddee Llc $1,375,000
Previous Owner Teddee Llc --
Previous Owner Newcastle Properties Inc $362,704
Previous Owner Necastle Properties Inc $79,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $2,975,000 +8.2% $138 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $2,750,000 -- $128 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,566 $77,710 $13,820 $63,890
2023 $3,753 $77,710 $13,820 $63,890
2022 $3,766 $77,710 $13,820 $63,890
2021 $2,834 $51,020 $10,610 $40,410
2020 $2,865 $51,020 $10,610 $40,410
2019 $2,883 $51,020 $10,610 $40,410
2018 $2,601 $40,120 $10,610 $29,510
2017 $2,604 $40,120 $10,610 $29,510
2016 $2,591 $40,120 $10,610 $29,510
2015 $2,573 $37,670 $10,610 $27,060
2014 $2,542 $37,670 $10,610 $27,060
2013 $2,542 $37,670 $10,610 $27,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221033661

Columbus and Central Ohio Regional MLS

APN: 04-10274-900