NOT LISTED FOR SALE

3621 Cypress Club Way Unit 3621 Columbus, OH 43219

Somerset Neighborhood

Estimated Value: $165,000 - $1,120,385

2 Beds
2 Baths
984 Sq Ft
$494/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $400,000 $407 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,676/month

77 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • Heat Pump System

About This Home

As of July 2014

This home is located at 3621 Cypress Club Way Unit 3621, Columbus, OH 43219 since 31 March 2014 and is currently estimated at $486,128, approximately $494 per square foot. This property was built in 2000. 3621 Cypress Club Way Unit 3621 is a home located in Franklin County with nearby schools including Cassady Alternative Elementary School, Mifflin Middle School, and Mifflin High School.

Last Agent to Sell the Property

Tom Bray

The Bray Company License #0000382794 Listed on: 03/31/2014

Last Buyer's Agent

Fadi Suleiman

Keller Williams Consultants License #2005002662

Keller Williams Consultants

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 2000

Lot Details

  • 1,045

Parking

  • Detached Garage

Home Design

  • 984 Sq Ft Home
  • Frame Construction

Laundry

  • Washer and Dryer Hookup

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-255118

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $28,044
  • Gross Income $62,320
  • Net Operating Income $34,276

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,120

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 2000
  • Tax Year: 2013
  • Property Sub-Type: Apartment
  • Total Gross Income: 62320.0
  • Co List Office Phone: 614-839-3900
  • MLS Status: Closed
  • Subdivision Name: Albany Club
  • Income Expenses Gross Income: 62320.0
  • Annual Expenses: 28044.0
  • General Property Info Building Sq Ft: 984.0
  • Miscellaneous WD Hookups: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Trash2: Yes
  • Miscellaneous Garages: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electricity Available
  • Heating:Heat Pump: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-255118

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Monthly Rent (Other): 50.0
  • Number Of Units Total: 8
  • Net Operating Income: 34276.0
  • Annual Operating Expense: 28044.0
  • Vacancy Allowance Rate: 3.0

Tax Info

  • Tax Annual Amount: 1120.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2015
Sold by
Sai Albany Properties Llc
Bought by
Easton Village Apartments Llc
Total Days on Market
77
Current Estimated Value
$486,128

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jul 11, 2014
Sold by
Miller Group Properties Llc
Bought by
Sai Albany Properties Llc
Seller's Agent
Tom Bray
The Bray Company
Buyer's Agent
Fadi Suleiman
Keller Williams Consultants
List Price
$412,000
Sold Price
$400,000
Premium/Discount to List
-$12,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 16, 2003
Sold by
The Halpern Group Llc
Bought by
Miller Lecky Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2000
Sold by
Triangle Properties Inc
Bought by
The Halpern Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,680
Interest Rate
7.7%
Source: Public Records

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
Easton Village Apartments Llc $497,000 Stewart Title
Sai Albany Properties Llc $400,000 Stewart Title
Miller Lecky Development Llc $440,000 Midland Celtic Title
The Halpern Group Llc $369,600 Midland Celtic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sai Albany Properties Llc $300,000
Previous Owner Miller Lecky Development Llc $352,000
Previous Owner The Halpern Group Llc $311,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2014 07/11/14 Sold $400,000 -2.9% $407 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $412,000 -- $419 / 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 $1,147 $25,030 $5,250 $19,780
2023 $1,133 $25,025 $5,250 $19,775
2022 $1,033 $19,430 $4,830 $14,600
2021 $1,184 $19,430 $4,830 $14,600
2020 $1,036 $19,430 $4,830 $14,600
2019 $1,008 $16,210 $4,030 $12,180
2018 $1,040 $16,210 $4,030 $12,180
2017 $1,223 $16,210 $4,030 $12,180
2016 $1,315 $19,360 $2,380 $16,980
2015 $1,074 $17,360 $2,380 $14,980
2014 $1,076 $17,360 $2,380 $14,980
2013 $560 $18,305 $2,520 $15,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214016611

Columbus and Central Ohio Regional MLS

APN: 010-255118