NOT LISTED FOR SALE

Estimated Value: $5,266,148

-- Bed
-- Bath
16,732 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 02, 2018

Last sale price $3,100,000 $185 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $35,725/month

315 Days on Market

Highlights

  • 1.43 Acre Lot
  • Jefferson Elementary School Rated A-
  • 1-Story Property

About This Home

As of May 2018

NNN leased medical office development! CAP 7.05 %. 16,732 +/- SF (2 buildings 100% leased) on 1.429 +/- acres. All expenses passed through to tenants. Strong Columbus Submarket, located across the street from the highly ranked High School. The property is strategically located for long term success. 5 minutes to Port Columbus International Airport, Easton Town Center and 10 minutes to Downtown Columbus.

Last Agent to Sell the Property

Alex Marsh

The Robert Weiler Company License #2013002225 Listed on: 04/11/2017

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $93,337

Year Built

  • Built in 1997

Lot Details

  • 1.43 Acre Lot

Parking

  • 12 Parking Spaces

Interior Spaces

  • 16,732 Sq Ft Home
  • 1-Story Property

Community Details

  • Gross Income $225,332
  • Net Operating Income $225,332

Listing and Financial Details

  • Assessor Parcel Number 025-003869-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$93,337

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Type: Office
  • Year Built: 1997
  • Property Sub-Type: Medical
  • Lot Size Acres: 1.43
  • Total Gross Income: 225332.0
  • Co List Office Phone: 614-221-4286
  • MLS Status: Closed
  • Reso Structure Type: Multi Tenant
  • Income Expenses Gross Income: 225332.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sqft2: 16732.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Lot Info

  • Parcel Number: 025-003869-00
  • Lot Size Sq Ft: 62290.8
  • Additional Parcels: No
  • Zoning Description: SO

Multi Family

  • Net Operating Income: 225332.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
May 2, 2018
Sold by
Gahanna Dunnler Llc
Bought by
Havens Corner Property Llc
Seller's Agent
Alex Marsh
The Robert Weiler Company
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$15
Sold Price
$3,100,000
Premium/Discount to List
$3,099,986
21379210.34%
Total Days on Market
315
Current Estimated Value
$5,266,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,166,148
Avg. Annual Appreciation
8.07%
Original Mortgage
$2,325,000
Outstanding Balance
$2,025,364
Interest Rate
4.45%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,348,593

Purchase Details

Closed on
Nov 16, 2015
Sold by
Contrapuntal Properties Llc
Bought by
Gahanna Dunnler Llc

Purchase Details

Closed on
Jan 10, 2007
Sold by
Select Properties Ltd
Bought by
Contrapuntal Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,995,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 1996
Sold by
Daniels R Mitchell
Bought by
Select Properties Ltd
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
Havens Corner Property Llc -- Stewart Title Agency Of Cols
Gahanna Dunnler Llc $2,625,000 Cardinal Title
Contrapuntal Properties Llc $2,385,000 Principle T
Select Properties Ltd $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Havens Corner Property Llc $2,325,000
Previous Owner Contrapuntal Properties Llc $1,995,000
Previous Owner Select Properties Ltd $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $3,100,000 +21379210.3% $185 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
04/10/2017 04/10/17 For Sale $15 -- $0 / 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 $93,337 $1,113,390 $130,730 $982,660
2023 $92,351 $1,113,390 $130,730 $982,660
2022 $73,242 $757,930 $191,730 $566,200
2021 $71,901 $757,930 $191,730 $566,200
2020 $94,771 $1,010,630 $191,730 $818,900
2019 $83,212 $918,750 $174,300 $744,450
2018 $50,801 $918,750 $174,300 $744,450
2017 $73,965 $875,000 $174,300 $700,700
2016 $81,669 $918,750 $174,300 $744,450
2015 $7,559 $602,000 $174,300 $427,700
2014 $53,985 $602,000 $174,300 $427,700
2013 $26,444 $602,000 $174,300 $427,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217011029

Columbus and Central Ohio Regional MLS

APN: 025-003869