NOT LISTED FOR SALE

8885 Columbia Rd Olmsted Falls, OH 44138

Estimated Value: $458,000 - $489,483

22 Acres
$21,688 Price per Acre
946,328 Sq Ft Lot

Last Sold March 10, 2021

Last sale price $360,000

Est. 31% increase in value since last sale

Current estimated payment $2,642/month

19 Days on Market

Highlights

  • River Front
  • View of Trees or Woods
  • Wooded Lot
  • Falls-Lenox Primary Elementary School Rated A-
  • 21.72 Acre Lot

About This Lot

As of March 2021

21+ acres in great central location with mixed use zoning. Wetlands Army Corp review completed ready to develop. Possible 57 single family Duplex, Triplex or Quadplex possibilities. City has reviewd plans and currently has a 10 year tax abatement program. Abuts the Rocky River on rear property line.

Last Agent to Sell the Property

John Chandler

Howard Hanna License #337403 Listed on: 02/04/2021

Howard Hanna

Last Buyer's Agent

Michael Henry

EXP Realty, LLC. License #2014003328

EXP Realty, LLC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,800

Year Built

  • 1940

Lot Details

  • 21.72 Acre Lot
  • Lot Dimensions are 170 x 185
  • River Front
  • Wooded Lot

Property Views

  • Views of Woods

Listing and Financial Details

  • Assessor Parcel Number 291-20-001

Property Details

Property Type

Land

Est. Annual Taxes

$8,800

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Residential
  • Access: City Street
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1940

Exterior Features

  • View: Wooded
  • Wooded Acres: 18.0000

Utilities

  • Water/Sewer: Public Water, Public Sewer
  • Utilities Available: Cable, Electric, Sewer, Water

Schools

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

Lot Info

  • Lot Dimensions: 170 x 185
  • Improvements: Electric, Gas, Paved Streets
  • Irregular Lot Yn: Yes
  • Lot Description: River Front, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 21.7247
  • Easements Yn: Yes
  • Topography: Wooded
  • Parcel Number: 291-20-001

Multi Family

  • Number Of Lots: 1

Tax Info

  • Tax: 8800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 5, 2021
Sold by
Hrs Development Corporation
Bought by
Suhail Land Development Llc
Seller's Agent
John Chandler
Howard Hanna
Buyer's Agent
Michael Henry
EXP Realty, LLC.
List Price
$460,000
Sold Price
$360,000
Premium/Discount to List
-$100,000
-21.74%
Total Days on Market
19
Current Estimated Value
$471,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,161
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Jun 3, 1994
Sold by
Heer Gurmeet Chand
Bought by
Fenrich Lee
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
Suhail Land Development Llc $360,000 Title Professionals Group
Fenrich Lee $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suhail Land Development Llc $1,642,367
Previous Owner Hrs Development Corp $50,000
Previous Owner Hrs Development Corp $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $360,000 -21.7% --
02/23/2021 02/23/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $460,000 -- --
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 $85 -- -- --
2023 $10,097 $129,990 $129,990 $0
2022 $10,040 $129,990 $129,990 $0
2021 $9,948 $129,990 $129,990 $0
2020 $9,743 $114,030 $114,030 $0
2019 $11,373 $325,800 $325,800 $0
2018 $11,373 $114,030 $114,030 $0
2017 $13,860 $130,340 $130,340 $0
2016 $13,997 $130,340 $130,340 $0
2015 $14,153 $130,340 $130,340 $0
2014 $14,153 $130,340 $130,340 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4254319

MLS Now

APN: 291-20-001