NOT LISTED FOR SALE

1139 Eastfield Rd Unit 140 Worthington, OH 43085

Estimated Value: $344,760 - $384,000

5 Beds
2 Baths
12,800 Sq Ft
$28/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $1,914,741 $150 Per Sq Ft

Current estimated payment $2,442/month

133 Days on Market

Highlights

  • 1.05 Acre Lot
  • Wilson Hill Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2020

A rare opportunity in Worthington for a well-maintained multi-family 16 garden style apartments in 8 separate buildings on separate parcels. 8-2 family brick buildings with each building containing 1-3Bedroom Unit and 1-2 Bedroom Unit with a basement. Most units with newer windows, ranges, refrigerators, with washer/dryer hook-ups, hardwood floors, mini-blinds, some units have remodeled kitchens and dishwashers. Tenants pay directly metered gas and electric. Water/Sewer sub-meters recently installed with tenants responsible with new lease.

Last Agent to Sell the Property

Brent Howard

Wallace F. Ackley Company License #358439 Listed on: 06/19/2019

Last Buyer's Agent

Priyanshu Adathakkar

Red 1 Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $29,177

Year Built

  • Built in 1959

Lot Details

  • 1.05 Acre Lot
  • Additional Parcels

Home Design

  • 12,800 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Laundry

  • Washer and Dryer Hookup

Parking

  • Shared Driveway
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 100-004066

Community Details

Overview

  • 8 Buildings
  • 16 Units

Building Details

  • Gross Income $176,940

Property Details

Home Type

Apartment

Est. Annual Taxes

$29,177

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1959
  • Tax Year: 2019
  • Property Sub-Type: Apartment
  • Lot Size Acres: 1.05
  • Total Gross Income: 176940.0
  • Co List Office Phone: 614-231-3661
  • MLS Status: Closed
  • Income Expenses Gross Income: 176940.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 12800.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 8.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: WORTHINGTON CSD 2516 FRA CO.

Lot Info

  • Parcel Number: 100-004066
  • Lot Size Sq Ft: 45738.0
  • Additional Parcels Description: 100-004067-00 100-006659-00 100-006660-00 100-006661-00 100-006662-00 100-006654-00 100-006653-00
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 29177.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
1139 1141 Eastfield Rd Exchange Llc
Bought by
Principle Three Properties Llc
Total Days on Market
133
Current Estimated Value
$362,940

Purchase Details

Closed on
Jun 1, 2022
Sold by
40 Eastfield Oh Llc
Bought by
1139-1141 Eastfield Rd Exchange Llc

Purchase Details

Listed on
Jun 19, 2019
Closed on
Mar 3, 2020
Sold by
Fallon Investments Inc
Bought by
40 Eastfield Oh Llc
Seller's Agent
Brent Howard
Wallace F. Ackley Company
Buyer's Agent
Priyanshu Adathakkar
Red 1 Realty
List Price
$2,075,000
Sold Price
$1,914,741
Premium/Discount to List
-$160,259
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.29%
Original Mortgage
$3,484,500
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 1989
Bought by
Fallon Investments Inc

Purchase Details

Closed on
Jun 1, 1983
Source: Public Records

Range of Values:

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Average Value
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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
Principle Three Properties Llc -- Gahanna Title
1139-1141 Eastfield Rd Exchange Llc $300,000 Bridge Title & Escrow Services
40 Eastfield Oh Llc $3,461,400 Bridge T&E Svcs Llc
Fallon Investments Inc -- --
-- $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 40 Eastfield Oh Llc $3,484,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $1,914,741 -4.0% $150 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $1,995,000 -3.9% $156 / Sq Ft
06/19/2019 06/19/19 For Sale $2,075,000 -- $162 / 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 $6,192 $95,660 $27,510 $68,150
2023 $5,934 $95,655 $27,510 $68,145
2022 $6,054 $77,950 $20,550 $57,400
2021 $5,228 $77,950 $20,550 $57,400
2020 $3,988 $57,440 $20,550 $36,890
2019 $3,843 $50,060 $20,550 $29,510
2018 $1,865 $50,060 $20,550 $29,510
2017 $3,632 $50,060 $20,550 $29,510
2016 $3,798 $50,580 $19,640 $30,940
2015 $1,899 $50,580 $19,640 $30,940
2014 $3,797 $50,580 $19,640 $30,940
2013 $1,719 $45,990 $17,850 $28,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219022041

Columbus and Central Ohio Regional MLS

APN: 100-004066