NOT LISTED FOR SALE

8009 Cranes Crossing Dr Unit 8025,8055,8073 Lewis Center, OH 43035

Orange Neighborhood

Estimated Value: $206,000 - $264,000

2 Beds
2 Baths
5,008 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $375,000 $75 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $1,541/month

114 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • Garage
  • Glen Oak Elementary School Rated A

About This Home

As of August 2012

Hidden Springs Condos conveniently located in the Polaris area in Orange Township, Lewis Center. 4 dwelling units with 4 deeded garage units. These ranch style villas are 1252 SF each and built in 2002-2003, with 2 bedrooms, 2 bathrooms with concrete patios. The units lease for $959/month and the tenants pay electric, gas and water/sewer. The garages lease for $60/mo. The Seller is the developer of Hidden Springs condominiums and would sell individual units for $99K each.

Last Agent to Sell the Property

Douglas Tenenbaum

Howard Hanna Real Estate Svcs Listed on: 03/18/2012

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Apartment

Year Built

  • Built in 2002

Lot Details

  • 1.11

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 5,008 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 31831203003449

Community Details

Overview

  • 4 Units

Building Details

  • Maintenance Expense $1,400
  • Operating Expense $16,640
  • Gross Income $48,912
  • Net Operating Income $29,103

Property Details

Home Type

Apartment

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 2002
  • Tax Year: 2010
  • Property Sub-Type: Apartment
  • Total Gross Income: 48912.0
  • Co List Office Phone: 614-240-7400
  • MLS Status: Closed
  • Income Expenses Gross Income: 48912.0
  • Annual Expenses: 16640.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 5008.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: 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: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 5616.0

Schools

  • Junior High Dist: OLENTANGY LSD 2104 DEL CO.

Lot Info

  • Parcel Number: 31831203003449

Multi Family

  • Monthly Rent (Other): 60.0
  • Number Of Units Total: 4
  • Maintenance Expense: 1400.0
  • Net Operating Income: 29103.0
  • Annual Operating Expense: 16640.0

Tax Info

  • Tax Annual Amount: 9624.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Erm Forward Llc
Bought by
Billakanti Kishore K and Billakanti Sudha Rani
Current Estimated Value
$232,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Outstanding Balance
$94,741
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$137,793

Purchase Details

Listed on
Mar 18, 2012
Closed on
Jul 27, 2012
Sold by
Hidden Springs Development Llc
Bought by
Erm Forward Llc
Seller's Agent
Douglas Tenenbaum
Howard Hanna Real Estate Svcs
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.55%
Original Mortgage
$145,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Billakanti Kishore K $143,000 Stewart Title Box
Erm Forward Llc $187,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billakanti Kishore K $107,250
Previous Owner Erm Forward Llc $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2012 08/01/12 Sold $375,000 0.0% $75 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
03/18/2012 03/18/12 For Sale $375,000 -- $75 / 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 $3,686 $64,410 $11,380 $53,030
2023 $3,643 $64,410 $11,380 $53,030
2022 $3,124 $44,910 $10,500 $34,410
2021 $3,143 $44,910 $10,500 $34,410
2020 $3,158 $44,910 $10,500 $34,410
2019 $2,646 $38,920 $8,750 $30,170
2018 $2,658 $38,920 $8,750 $30,170
2017 $2,469 $34,650 $7,700 $26,950
2016 $2,521 $34,650 $7,700 $26,950
2015 $2,307 $34,650 $7,700 $26,950
2014 $2,340 $34,650 $7,700 $26,950
2013 $2,322 $33,600 $7,700 $25,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 212008794

Columbus and Central Ohio Regional MLS

APN: 318-312-03-003-449