NOT LISTED FOR SALE

6785 Margarum Bend New Albany, OH 43054

Estimated Value: $697,000 - $740,000

4 Beds
2.5 Baths
3,166 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $404,000 $128 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,504/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • New Albany Primary School Rated A
  • Patio
  • Family Room

About This Home

As of October 2023

This 3000+ sq ft 5 level split level home has it all! Location, extra rooms, space, features, upgrades, you name it! 4-5 bedroom, 2.5 bath home located in highly desirable New Albany schools within New Albany Links subdiv. Hardwood floors throughout! Beautiful island kitchen w/ 42'' maple cabinets, stainless steel appliances, & granite counters. Den/ office on 1st floor w/ French doors. Primary BR suite located on its own level w/ double sink vanity, jacuzzi tub, oversized shower & walk in closet. 4 add'l large bedrooms w/ ceiling fans. Family room located just a few steps down & also on its own level. 1st floor laundry. Huge unfinished bsmt w/ egress window. Fantastic patio with built-in grill. Oversized 2 car garage. Min tenant qualifications: income 3x monthly rent, 680+ credit score.

Last Agent to Rent the Property

Steven Cochern

Lotus Advisors License #2006007813 Listed on: 09/01/2023

Last Renter's Agent

Steven Cochern

Lotus Advisors License #2006007813 Listed on: 09/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,703

Year Built

  • Built in 2005

Lot Details

  • 10,019

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Poured Concrete

Interior Spaces

  • 3,166 Sq Ft Home
  • 5-Story Property
  • Insulated Windows
  • Family Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Utilities

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

Additional Features

  • Patio
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $3,550
  • Property Available on 9/8/23
  • No Smoking Allowed
  • 12 Month Lease Term
  • Assessor Parcel Number 222-003148

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,703

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Furnished: No
  • Pets: Weight Limit: 60
  • Lease Term: 1 Year, More Than 1 Year

Listing Details

  • Type: Residential Lease
  • Year Built: 2005
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.23
  • Co List Office Phone: 614-300-7395
  • MLS Status: Closed
  • Subdivision Name: New Albany Links
  • Architectural Style: Split Level
  • ResoBuildingAreaSource: Realist
  • Reso Interior Features: Dishwasher, Microwave, Refrigerator
  • Unit Levels: Five or More
  • New Construction: No
  • Reso Window Features: Insulated All
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Rooms:Living Room: Yes
  • Interior Amenities Microwave: Yes
  • Foundation:Poured: Yes
  • Rooms Rec RmBsmt: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • General Property Info Furnished: No
  • General Property Info Security Deposit2: Yes
  • General Property Info Security Deposit Amt: 3550.0
  • General Property Info Pets: Yes - Negotiable
  • General Property Info Smoking Permitted: No
  • Rental Term Available Date: 2023-09-08
  • Interior Flooring Wood-Solid or Veneer2: Yes
  • Laundry Facility WasherDryer Hookup: Yes
  • Pet Type Dog: Yes
  • Pet Type Cat: Yes
  • Rental Term 1 Year: Yes
  • Common Walls No Common Walls: Yes
  • Air Conditioning Central Air: Yes
  • Architectural Style Split Level: Yes
  • Levels Five or More: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Wood
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Poured
  • Patio And Porch Features: Patio
  • Patio and Porch Features Patio2: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Garage Door Opener2: Yes
  • Parking Features Attached Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Schools

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

Lot Info

  • Parcel Number: 222-003148
  • Lot Size Sq Ft: 10018.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2018
Closed on
Jun 2, 2018
Sold by
Hilliard Eric and Hilliard Kelly
Bought by
Venkatesan Karthik K and Venkataraman Uthra
Seller's Agent
Chad Levy
Cutler Real Estate
Buyer's Agent
Rita Boswell
Real of Ohio
List Price
$419,900
Sold Price
$404,000
Premium/Discount to List
-$15,900
-3.79%
Current Estimated Value
$714,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,682
Avg. Annual Appreciation
8.08%
Original Mortgage
$351,037
Outstanding Balance
$303,588
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$411,094

Purchase Details

Listed on
Apr 28, 2015
Closed on
Nov 5, 2015
Sold by
Heidbreder Ellen
Bought by
Hilliard Eric and Hilliard Kelly
Seller's Agent
Tiffany Wright
RE/MAX Connection
Buyer's Agent
Sandy Raines
Howard Hanna Real Estate Svcs
List Price
$399,900
Sold Price
$320,000
Premium/Discount to List
-$79,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$256,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2015
Sold by
Heidbreder Jonathan C
Bought by
Heidbreder Ellen

Purchase Details

Closed on
May 16, 2005
Sold by
Joshua Investment Co
Bought by
Heidbreder Jonathan C and Heidbreder Ellen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,225
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2004
Sold by
New Albany Links Development Co Ltd
Bought by
Joshua Investment Co
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
Venkatesan Karthik K $404,000 Landsel Title Box
Hilliard Eric $320,000 Pillar Title
Heidbreder Ellen -- None Available
Heidbreder Jonathan C $407,800 Builder Tit
Joshua Investment Co $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkatesan Karthik K $351,037
Previous Owner Hilliard Eric $256,000
Previous Owner Heidbreder Jonathan C $326,225
Closed Heidbreder Jonathan C $81,556
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Off Market $3,695 -- --
03/31/2025 03/31/25 Off Market $404,000 -- --
03/27/2025 03/27/25 Off Market $320,000 -- --
10/11/2023 10/11/23 Rented $3,695 +2.8% --
09/12/2023 09/12/23 Price Changed $3,595 -2.7% $1 / Sq Ft
09/02/2023 09/02/23 Price Changed $3,695 -2.6% $1 / Sq Ft
09/01/2023 09/01/23 For Rent $3,795 0.0% --
06/04/2018 06/04/18 Sold $404,000 -3.8% $128 / Sq Ft View Prior Sale
05/05/2018 05/05/18 Pending -- -- --
04/15/2018 04/15/18 For Sale $419,900 +31.2% $133 / Sq Ft
11/05/2015 11/05/15 Sold $320,000 -20.0% $101 / Sq Ft View Prior Sale
10/06/2015 10/06/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $399,900 -- $126 / 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 $24,703 $195,480 $42,000 $153,480
2023 $12,040 $195,475 $42,000 $153,475
2022 $11,959 $154,530 $30,700 $123,830
2021 $11,509 $154,530 $30,700 $123,830
2020 $11,452 $154,530 $30,700 $123,830
2019 $10,914 $134,160 $26,670 $107,490
2018 $10,444 $134,160 $26,670 $107,490
2017 $10,084 $123,310 $26,670 $96,640
2016 $10,121 $114,670 $32,310 $82,360
2015 $10,141 $114,670 $32,310 $82,360
2014 $9,507 $114,670 $32,310 $82,360
2013 -- $109,200 $30,765 $78,435
Source: Public Records

Agents Affiliated with this Home

  • Steven Cochern

    Landlord's Agent in 2023

    Steven Cochern

    Lotus Advisors

    (614) 209-3319

    30 Total Sales

    Steven Cochern
    Section Image

  • C

    Seller's Agent in 2018

    Chad Levy

    Cutler Real Estate

  • Rita Boswell

    Buyer's Agent in 2018

    Rita Boswell

    Real of Ohio

    (614) 830-9767

    78 Total Sales

    Rita Boswell
    Section Image

  • T

    Seller's Agent in 2015

    Tiffany Wright

    RE/MAX

  • S

    Buyer's Agent in 2015

    Sandy Raines

    Howard Hanna Real Estate Svcs

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223028635

Columbus and Central Ohio Regional MLS

APN: 222-003148

Ohio Franklin County New Albany 43054

6785 Margarum Bend, New Albany, OH

This home is located at 6785 Margarum Bend, New Albany, OH 43054 since 01 September 2023 and is currently priced at $714,682. This property was built in 2005. 6785 Margarum Bend 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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