NOT LISTED FOR SALE

8005 Columbia Rd Olmsted Falls, OH 44138

Estimated Value: $333,782

6 Beds
4 Baths
3,194 Sq Ft
$105/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $275,000 $86 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,521/month

114 Days on Market

Highlights

  • Medical Services
  • 1 Car Attached Garage
  • Park
  • Falls-Lenox Primary Elementary School Rated A-
  • Community Playground
  • 5-minute walk to Village Green Park

About This Home

As of August 2021

Great investment opportunity to start your portfolio or add this gem to your portfolio. This large four plex house right in the heart of Olmsted Falls. Across from the Grand Pacific Junction and minutes to dining and shopping. Also very close to Great Northern Mall and various dining and shipping options. Three of the four units are tenant occupied and the fourth unit has been recently renovated and ready for a new tenant. Will need 48 hours notice to schedule showings with tenants.

Last Listed By

David Kukucka

Century 21 DeAnna Realty License #2018004291 Listed on: 01/25/2021

Century 21 DeAnna Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,976

Year Built

  • Built in 1926

Lot Details

  • 0.27 Acre Lot
  • West Facing Home
  • Chain Link Fence
  • Unpaved Streets

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,194 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 281-19-017

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Village/Olmsted Falls 01 Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Playground
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,976

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: West
  • Price Per Square Foot: 86.10
  • Estimated Price per Sq Ft: 86.10
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3194
  • Year Built: 1926
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 3194.00
  • Sq Ft Approx Total Finished: 3194.00

Exterior Features

  • Exterior: Wood
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached
  • Garage Num Of Cars: 1

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Medical Service, Park, Playground, Shopping/Mall

Condo/Co-op/Association

  • Subdivision Complex: Village/Olmsted Falls 01

Schools

  • School District: Olmsted Falls CSD
  • School District: Olmsted Falls CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2697
  • Parcel Number: 281-19-017

Rental Info

  • Tenant Pays: Electric, Gas

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 5976

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Sumana Bangalore
Bought by
Peacefulhome Llc
Total Days on Market
114
Current Estimated Value
$333,782

Purchase Details

Listed on
Jan 25, 2021
Closed on
Jul 28, 2021
Sold by
Cimperman John D and The Cimperman Family Gift Trus
Bought by
Bangalore Sumana
Seller's Agent
David Kukucka
Century 21 DeAnna Realty
Buyer's Agent
John Currid
VSD Realty, LLC.
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$206,250
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2016
Sold by
Cimperman John D
Bought by
Cimperman John D

Purchase Details

Closed on
Mar 13, 2009
Sold by
Cimperman John D
Bought by
Cimperman John D and Cimperman John D

Purchase Details

Closed on
Apr 30, 2003
Sold by
Miller Charlotte A
Bought by
Cimperman John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 1993
Sold by
Miller Frank O and Miller Martha A
Bought by
Miller Charlotte A

Purchase Details

Closed on
Jan 1, 1975
Bought by
Miller Frank O and Miller Martha A

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
Peacefulhome Llc -- Fast Tract Title Services
Bangalore Sumana $275,000 Fast Tract Title
Cimperman John D -- None Available
Cimperman John D $200,000 Enterprise Title
Miller Charlotte A -- --
Miller Frank O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bangalore Sumana $206,250
Previous Owner Cimperman John D $50,000
Previous Owner Cimperman John D $1,400,000
Previous Owner Miller Charlotte A $83,000
Previous Owner Miller Charlotte A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $275,000 0.0% $86 / Sq Ft
05/19/2021 05/19/21 Off Market $275,000 -- --
05/19/2021 05/19/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $299,000 -- $94 / Sq Ft
Source: MLS Now

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 $7,839 $92,855 $39,060 $53,795
2023 $8,612 $96,250 $39,060 $57,190
2022 $11,174 $66,120 $39,060 $27,060
2021 $5,859 $66,120 $39,060 $27,060
2020 $5,976 $66,120 $39,060 $27,060
2019 $5,865 $188,900 $111,600 $77,300
2018 $2,926 $66,120 $39,060 $27,060
2017 $5,055 $59,680 $13,760 $45,920
2016 $4,855 $59,680 $13,760 $45,920
2015 $5,606 $59,680 $13,760 $45,920
2014 $5,522 $67,840 $15,650 $52,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4252072

MLS Now

APN: 281-19-017