NOT LISTED FOR SALE

7657 E Main St Reynoldsburg, OH 43068

Estimated Value: $587,525

-- Bed
-- Bath
3,157 Sq Ft
$186/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $425,000 $135 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,924/month

225 Days on Market

Highlights

  • 0.46 Acre Lot
  • Forced Air Heating System
  • 1-Story Property
  • Handicap Accessible

About This Home

As of April 2021

Welcome to 7657 E Main St. A 3000+sf medical/office building currently leased by Mt Carmel Health. Incredible opportunity for an investment or future use by an owner operator.

Last Agent to Sell the Property

Tom Buoni

e-Merge Real Estate Unlimited License #2016002482 Listed on: 11/09/2020

e-Merge Real Estate Unlimited

Last Buyer's Agent

Tara Acharya

Red 1 Realty License #2019000791

Red 1 Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,280

Year Built

  • Built in 1975

Lot Details

  • 0.46

Parking

  • 20 Parking Spaces

Interior Spaces

  • 3,157 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Handicap Accessible
  • 0.46 Acre Lot

Community Details

  • Operating Expense $9,722
  • Gross Income $54,333
  • Net Operating Income $44,461

Listing and Financial Details

  • Assessor Parcel Number 060-000116

Property Details

Property Type

Other

Est. Annual Taxes

$9,280

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Office
  • Year Built: 1975
  • Tax Year: 2019
  • Property Sub-Type: Medical
  • Lot Size Acres: 0.46
  • Total Gross Income: 54333.0
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Reso Structure Type: Single User
  • Income Expenses Gross Income: 54333.0
  • Annual Expenses: 9722.0
  • Heat Fuel Gas4: Yes
  • Heat Type Forced Air2: Yes
  • Construction Block3: Yes
  • General Property Info Building Sqft2: 3157.0
  • Miscellaneous Handicap Access: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Possible Use: Commercial
  • Stories: 1

Garage/Parking

  • Total Parking Spaces: 20.0

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available

Lot Info

  • Parcel Number: 060-000116
  • Lot Size Sq Ft: 20037.6
  • Additional Parcels: No
  • Zoning Description: C-Commercial

Multi Family

  • Net Operating Income: 44461.0
  • Annual Operating Expense: 9722.0

Tax Info

  • Tax Annual Amount: 9280.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Apr 15, 2021
Sold by
Worley Fred Watson and Worley Elizabeth A
Bought by
7657 Freedom Llc
Seller's Agent
Tom Buoni
e-Merge Real Estate Unlimited
Buyer's Agent
Tara Acharya
Red 1 Realty
List Price
$479,900
Sold Price
$425,000
Premium/Discount to List
-$54,900
-11.44%
Current Estimated Value
$587,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,525
Avg. Annual Appreciation
7.43%
Original Mortgage
$200,000
Outstanding Balance
$165,522
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$422,003

Purchase Details

Closed on
Aug 16, 1976
Bought by
Worley Fred W
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
7657 Freedom Llc $425,000 Prominent Title Agency
Worley Fred W $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7657 Freedom Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $425,000 -11.4% $135 / Sq Ft
07/07/2020 07/07/20 For Sale $479,900 -- $152 / 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 $10,102 $123,480 $42,630 $80,850
2023 $9,722 $123,480 $42,630 $80,850
2022 $13,083 $148,750 $44,030 $104,720
2021 $9,372 $106,160 $44,030 $62,130
2020 $9,484 $106,160 $44,030 $62,130
2019 $9,280 $101,080 $41,930 $59,150
2018 $4,622 $101,080 $41,930 $59,150
2017 $9,228 $101,080 $41,930 $59,150
2016 $9,679 $98,000 $41,930 $56,070
2015 $4,698 $98,000 $41,930 $56,070
2014 $9,429 $98,000 $41,930 $56,070
2013 $4,599 $98,000 $41,930 $56,070
Source: Public Records

Agents Affiliated with this Home

  • Tom Buoni

    Seller's Agent in 2021

    Tom Buoni

    E-Merge

    (614) 929-3372

    2 in this area

    51 Total Sales

    Tom Buoni
    Section Image

  • T

    Buyer's Agent in 2021

    Tara Acharya

    Red 1 Realty

    (614) 599-0059

    9 in this area

    93 Total Sales

    Tara Acharya
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220021919

Columbus and Central Ohio Regional MLS

APN: 060-000116

Ohio Franklin County Reynoldsburg 43068

7657 E Main St, Reynoldsburg, OH

This home is located at 7657 E Main St, Reynoldsburg, OH 43068 since 09 November 2020 and is currently estimated at $587,525, approximately $186 per square foot. This property was built in 1975. 7657 E Main St is a home located in Franklin County with nearby schools including Hannah J Ashton Middle School, Baldwin Road Junior High School, and Everest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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