NOT LISTED FOR SALE

New Albany, OH 43054

Estimated Value: $719,508

-- Bed
-- Bath
1,600 Sq Ft
784 Sq Ft Lot

Last Sold October 14, 2022

Last sale price $605,000 $378 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,687/month

66 Days on Market

About This Home

As of October 2022

Modern Style. Perfect Location. This updated New Albany Exchange end unit office condo offers 1600 square feet, 3 private offices, reception area, conference room, 2 bathrooms, open kitchenette area and many transitional work spaces. The large private offices highlight glass walls, abundance of natural light, and built-in cabinets and desks. The kitchenette area has a stainless refrigerator and dishwasher. The expansive 2nd floor has a conference room that can also be used for employee work stations and lots of built in counter work spaces and storage. The condo is currently rented for $3617 per month till January 31, 2023. There are 2 assigned parking spaces and ample general parking. Easy access to downtown New Albany and 161. PLEASE DO NOT DISTURB THE CURRENT TENANTS.

Last Agent to Sell the Property

Jill Beckett-Hill

Beckett Realty Group License #434732 Listed on: 07/30/2022

Last Buyer's Agent

Jacob Worley

Crawford Hoying Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,796

Year Built

  • Built in 2006

Lot Details

  • 784

Parking

  • 2 Parking Spaces

Home Design

  • Masonry

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property

Home Security

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all utilities, janitorial service
  • Assessor Parcel Number 222-004301-00

Community Details

Building Details

  • Manager Expense $3,804
  • Professional Management Expense $3,804
  • Operating Expense $10,562
  • Gross Income $43,404
  • Net Operating Income $32,842

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,796

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Type: Office
  • Year Built: 2006
  • Property Sub-Type: Condominium
  • Total Gross Income: 43404.0
  • Co List Office Phone: 614-457-4000
  • MLS Status: Closed
  • Subdivision Name: New Albany Exchange
  • Reso Structure Type: Single User
  • Income Expenses Gross Income: 43404.0
  • Annual Expenses: 10562.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • Heat Type Forced Air2: Yes
  • General Property Info Building Sqft2: 1600.0
  • Building Features:Sprinkler - Wet: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Stories: 2

Exterior Features

  • Construction:Masonry2: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 317.0

Lot Info

  • Parcel Number: 222-004301-00
  • Additional Parcels: No

Rental Info

  • Tenant Pays: All Utilities, Janitorial Service

Multi Family

  • Resident Manager Expense: 3804.0
  • Net Operating Income: 32842.0
  • Annual Operating Expense: 10562.0

Tax Info

  • Tax Annual Amount: 6796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Sep 27, 2022
Sold by
Dali Holdings Llc
Bought by
Ddl Holdings Llc
Seller's Agent
Jill Beckett-Hill
Beckett Realty Group
Buyer's Agent
Jacob Worley
Crawford Hoying Real Estate
List Price
$629,900
Sold Price
$605,000
Premium/Discount to List
-$24,900
-3.95%
Current Estimated Value
$719,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,508
Avg. Annual Appreciation
5.99%
Original Mortgage
$476,000
Outstanding Balance
$456,812
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$262,696

Purchase Details

Closed on
Dec 8, 2016
Sold by
Garshon Jeffrey H and Garshon Shauna J
Bought by
Dali Holdings Llc

Purchase Details

Closed on
Nov 4, 2010
Sold by
New Albany Exchange Partners Llc
Bought by
Garshon Jeffrey H and Garshom Shanna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.31%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Ddl Holdings Llc $605,000 Stewart Title
Dali Holdings Llc -- None Available
Garshon Jeffrey H $110,000 Principle T
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ddl Holdings Llc $476,000
Previous Owner Garshon Jeffrey H $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $605,000 -4.0% $378 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $629,900 -- $394 / 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 $10,279 $121,980 $26,460 $95,520
2023 $9,776 $121,975 $26,460 $95,515
2022 $7,229 $78,050 $22,050 $56,000
2021 $6,985 $78,050 $22,050 $56,000
2020 $6,941 $78,050 $22,050 $56,000
2019 $7,013 $74,340 $21,000 $53,340
2018 $6,477 $74,340 $21,000 $53,340
2017 $6,508 $74,340 $21,000 $53,340
2016 $6,038 $61,080 $21,000 $40,080
2015 $5,771 $61,080 $21,000 $40,080
2014 $5,720 $61,080 $21,000 $40,080
2013 $177 $840 $840 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Beckett-Hill

    Seller's Agent in 2022

    Jill Beckett-Hill

    Beckett Realty Group

    (614) 563-9819

    188 Total Sales

    Jill Beckett-Hill
    Section Image

  • J

    Buyer's Agent in 2022

    Jacob Worley

    Crawford Hoying Real Estate

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 222027940

Columbus and Central Ohio Regional MLS

APN: 222-004301

Ohio Franklin County New Albany

43054

This home since 30 July 2022 and is currently estimated at $719,508, approximately $449 per square foot. This property was built in 2006. This home is a home located in Franklin County with nearby schools including New Albany Primary School, New Albany Intermediate School, and New Albany Middle School.

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