NOT LISTED FOR SALE

5 New Albany Farms Rd New Albany, OH 43054

Estimated Value: $2,930,890 - $4,664,000

8 Beds
11 Baths
13,192 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $2,250,000 $171 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $26,940/month

1,580 Days on Market

Highlights

  • In Ground Pool
  • Whirlpool Bathtub
  • Garage
  • New Albany Primary School Rated A
  • Bonus Room
  • Patio

About This Home

As of July 2013

Unique opportunity on 8 lushly wooded private acres is a Kevin Knight custom built home w/8 bdrms, 9 baths, chef's kitchen w/huge pantry storage rm, paneled library, living rm, great rm, dining rm, 2nd flr lounge/study area,nanny suite, finished LL, a pool & car barn w/office. Located in gated community, The Farms. Country setting, but close to everything!

Last Agent to Sell the Property

Jane Kessler-Lennox

New Albany Realty, LTD License #407980 Listed on: 03/05/2009

Last Buyer's Agent

Jane Kessler-Lennox

New Albany Realty, LTD License #407980 Listed on: 03/05/2009

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 8 Acre Lot
  • Irrigation

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 13,192 Sq Ft Home
  • 2.5-Story Property
  • Central Vacuum
  • Insulated Windows
  • Bonus Room
  • Home Security System
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Whirlpool Bathtub

Parking

  • Garage
  • Heated Garage

Outdoor Features

  • In Ground Pool
  • Patio
  • Outbuilding

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 222-001842

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1995
  • Tax Year: 2012
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 8.0
  • Co List Office Phone: 614-939-8900
  • MLS Status: Closed
  • Subdivision Name: The Farms
  • Reso Interior Features: Central Vacuum, Whirlpool/Tub, Dishwasher, Gas Range, Microwave, Refrigerator, Security System, Trash Compactor
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Interior Amenities Gas Range: Yes
  • Interior Amenities Microwave: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Exterior Brick: Yes
  • Interior Amenities WhirlpoolTub: Yes
  • Interior Amenities Security System: Yes
  • Exterior Amenities Irrigation System: Yes
  • Interior Amenities Central Vac: Yes
  • Interior Amenities Trash Compactor: Yes
  • Common Walls No Common Walls: Yes
  • Other Structures Additional Building: Yes
  • Pool Features Inground Pool: Yes
  • Levels Two and One Half: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Upstairs Bedrooms: 8
  • Downstairs 1 Full Bathrooms: 2
  • Upstairs 1 Full Bathrooms: 7
  • Entry Level Half Bathrooms: 2
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Wood
  • Basement Description:Full: Yes
  • Other Rooms:Bonus Room: Yes

Exterior Features

  • Pool Features: Inground Pool
  • Common Walls: No Common Walls
  • Exterior Features: Irrigation System
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Patio and Porch Features Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Heated Garage, Attached Garage, Detached Garage
  • Parking Features Attached Garage: Yes
  • Parking Features 1 Car Garage: Yes
  • Parking Features Detached Garage: Yes
  • Parking Features 4 Car Garage: Yes
  • Parking Features Heated: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Schools

  • Junior High Dist: NEW ALBANY PLAIN LSD 2508 FRA CO.

Lot Info

  • Parcel Number: 222-001842
  • Lot Size Sq Ft: 348480.0

Tax Info

  • Tax Annual Amount: 101079.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2016
Sold by
Leap Year Investments Limited
Bought by
Naf No 5 Llc
Current Estimated Value
$3,747,291

Purchase Details

Listed on
Mar 5, 2009
Closed on
Jul 9, 2013
Sold by
Rahal Robert W and Rahal Johanna M
Bought by
Leap Year Investments Limited
Seller's Agent
Jane Kessler-Lennox
New Albany Realty, LTD
Buyer's Agent
Jane Kessler-Lennox
New Albany Realty, LTD
List Price
$4,750,000
Sold Price
$2,250,000
Premium/Discount to List
-$2,500,000
-52.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Jun 11, 2004
Sold by
Rahal Deborah A
Bought by
Rahal Robert W

Purchase Details

Closed on
Sep 24, 1996
Sold by
New Albany Co Ltd Ptns
Bought by
Rahal Robert W and Rahal Deborah A

Purchase Details

Closed on
Mar 24, 1993
Bought by
Rahal Robert W
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
Naf No 5 Llc -- Stewart Title Agency
Leap Year Investments Limited $2,250,000 None Available
Rahal Robert W -- --
Rahal Robert W $330,673 --
Rahal Robert W $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahal Robert W $550,000
Previous Owner Rahal Robert W $3,680,000
Previous Owner Rahal Robert W $0
Previous Owner Rahal Robert W $1,750,000
Closed Rahal Robert W $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $2,250,000 -52.6% $171 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
03/03/2009 03/03/09 For Sale $4,750,000 -- $360 / 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 $77,073 $1,209,290 $210,000 $999,290
2023 $73,090 $1,209,285 $210,000 $999,285
2022 $74,405 $937,200 $220,500 $716,700
2021 $71,548 $937,200 $220,500 $716,700
2020 $71,626 $937,200 $220,500 $716,700
2019 $74,449 $892,570 $210,000 $682,570
2018 $72,771 $892,570 $210,000 $682,570
2017 $72,928 $892,570 $210,000 $682,570
2016 $71,379 $787,510 $220,120 $567,390
2015 $71,807 $787,510 $220,120 $567,390
2014 $100,673 $787,510 $220,120 $567,390
2013 $52,956 $1,150,800 $209,650 $941,150
Source: Public Records

Agents Affiliated with this Home

  • Jane Kessler-Lennox

    Seller's Agent in 2013

    Jane Kessler-Lennox

    New Albany Realty, LTD

    (614) 562-1212

    94 Total Sales

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 2907598

Columbus and Central Ohio Regional MLS

APN: 222-001842

Ohio Franklin County New Albany 43054

5 New Albany Farms Rd, New Albany, OH

This home is located at 5 New Albany Farms Rd, New Albany, OH 43054 since 05 March 2009 and is currently estimated at $3,882,297, approximately $294 per square foot. This property was built in 1995. 5 New Albany Farms Rd is a home located in Franklin County with nearby schools including New Albany Primary School, New Albany Intermediate School, and New Albany Middle School.

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