NOT LISTED FOR SALE

8 New Albany Farms Rd New Albany, OH 43054

Estimated Value: $1,327,000 - $2,775,000

5 Beds
8 Baths
6,658 Sq Ft
$332/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $1,725,000 $259 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $16,150/month

44 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Bonus Room
  • New Albany Primary School Rated A
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of October 2021

Don't miss this rare opportunity to live in one of the most prestigious, private and highly-coveted communities, New Albany Farms. Exquisitely renovated 6900 sq ft home on 3+ acres is nestled among some of the grandest residences in central Ohio. High quality finishes & attention to detail throughout, Including the addition of an impressive 1st floor owners suite boasting an exceptional walk-in closet w/ wall to wall built-ins, a fireplace, heated bathroom floors & an enormous custom shower. Gourmet kitchen w/ oversized island & thoughtful layout leads to the huge, private back yard w/ mature trees and an expansive brick paver patio. More than enough room for a pool & pool house or sports complex. The unique layout has endless possibilities and too many features and improvements to list.

Last Agent to Sell the Property

Suzanne Smith

Howard Hanna Real Estate Svcs License #2009003423 Listed on: 06/26/2021

Howard Hanna Real Estate Svcs

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,011

Year Built

  • Built in 1996

Lot Details

  • 3.17 Acre Lot
  • Property has an invisible fence for dogs
  • Irrigation
  • Wooded Lot

HOA Fees

  • $875 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Side or Rear Entrance to Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 6,658 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Bonus Room
  • Home Security System
  • Laundry on main level
  • Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Garden Bath

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 222-000981

Community Details

Overview

  • Association fees include security
  • Association Phone (614) 939-8620
  • Mark Reader HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,011

Year Built

Built in 1996

Lot Details

0

HOA Fees

$875 per month

Parking

4

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1996
  • Tax Year: 2020
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • Lot Size Acres: 3.17
  • Reso Association Amenities: Gated
  • Co List Office Phone: 614-890-9900
  • MLS Status: Closed
  • Subdivision Name: The Farms
  • ResoBuildingAreaSource: Appraiser
  • Reso Fireplace Features: Direct Vent, Gas Log
  • Reso Interior Features: Dishwasher, Garden/Soak Tub, Microwave, Refrigerator, Security System
  • Unit Levels: Two
  • New Construction: No
  • Reso Window Features: Insulated All
  • ResoBuildingAreaSource: Appraiser
  • Basement Basement YN2: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Amenities Microwave: Yes
  • Lot Characteristics Wooded: Yes
  • Foundation:Block: Yes
  • Interior Flooring CeramicPorcelain: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities GardenSoak Tub: Yes
  • Exterior Brick: Yes
  • Interior Amenities Security System: Yes
  • Exterior Amenities Irrigation System: Yes
  • CmplexSub Amenities Gated Community: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 1
  • Upstairs Bedrooms: 4
  • Downstairs 1 Full Bathrooms: 1
  • Upstairs 1 Full Bathrooms: 3
  • Entry Level Full Bathrooms: 2
  • Entry Level Half Bathrooms: 2
  • Basement: Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Great Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Wood, Carpet, Ceramic/Porcelain
  • Main Level Bedrooms: 1
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Log: Yes
  • Other Rooms:Bonus Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Exterior Features: Irrigation System
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Heated Garage, Attached Garage, Side Load

Utilities

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

Condo/Co-op/Association

  • Contact Name: Mark Reader
  • Association Fee: 2625.33
  • Association Fee Frequency: Quarterly
  • Phone: 614-939-8620
  • Association: Yes

Fee Information

  • Association Fee Includes: Security

Schools

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

Lot Info

  • Parcel Number: 222-000981
  • Lot Size Sq Ft: 138085.2
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 36011.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Oct 19, 2021
Sold by
Yakam Bradley D and Yakam Jane M
Bought by
Sommer Adam F and Fleming Crystal D
Seller's Agent
Suzanne Smith
Howard Hanna Real Estate Svcs
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$1,875,000
Sold Price
$1,725,000
Premium/Discount to List
-$150,000
-8%
Total Days on Market
44
Current Estimated Value
$2,212,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,195
Avg. Annual Appreciation
6.20%
Original Mortgage
$1,380,000
Outstanding Balance
$1,274,702
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$871,542

Purchase Details

Closed on
Jan 24, 2017
Sold by
Yakam Bradley D and Yakam Jane M
Bought by
Yakam Bradley D and Yakam Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$998,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2011
Sold by
Ryan David J and Ryan Mary Ellen
Bought by
Yakam Bradley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,125
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1997
Sold by
Ellen Ryan David J and Ellen Mary
Bought by
Ryan Mary Ellen and Ryan David J

Purchase Details

Closed on
May 28, 1996
Sold by
New Albany Co Ltd Ptns
Bought by
Ryan David J and Ryan Mary Ellen

Purchase Details

Closed on
Oct 9, 1991
Source: Public Records

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Range of Values:

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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
Sommer Adam F $1,725,000 Northwest Ttl Fam Of Compani
Yakam Bradley D -- None Available
Yakam Bradley D $1,375,000 Stewart Tit
Ryan Mary Ellen -- --
Ryan David J $295,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommer Adam F $380,000
Open Sommer Adam F $1,380,000
Closed Yakam Bradley D $998,000
Closed Yakam Bradley D $2,039,600
Closed Yakam Bradley D $961,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $1,725,000 -6.8% $259 / Sq Ft
07/23/2021 07/23/21 Price Changed $1,850,000 -1.3% $278 / Sq Ft
06/26/2021 06/26/21 For Sale $1,875,000 -- $282 / 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 $34,284 $549,820 $125,550 $424,270
2023 $32,579 $549,815 $125,545 $424,270
2022 $37,453 $482,580 $131,810 $350,770
2021 $36,831 $482,580 $131,810 $350,770
2020 $36,011 $482,580 $131,810 $350,770
2019 $37,480 $459,310 $125,550 $333,760
2018 $40,925 $459,310 $125,550 $333,760
2017 $41,280 $459,310 $125,550 $333,760
2016 $44,728 $505,300 $125,760 $379,540
2015 $44,814 $505,300 $125,760 $379,540
2014 $42,025 $505,300 $125,760 $379,540
2013 $21,624 $481,250 $119,770 $361,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221023273

Columbus and Central Ohio Regional MLS

APN: 222-000981