NOT LISTED FOR SALE

Estimated Value: $769,750

4 Beds
2 Baths
3,100 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 27, 2013

Last sale price $285,000 $92 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $5,252/month

45 Days on Market

Highlights

  • 10 Foot Ceilings
  • Handicap Accessible
  • 2-minute walk to Ben Hanby Park
  • Whittier Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of February 2013

Fantastic Uptown Westerville Office with Apartment - steps from State Street with parking. Ideal for owner occupant or rental income ! 3,100 SF with 2,350 SF nice 1st floor offices and 750 SF 2 BR apartment upstairs. Must be seen to be appreciated. Sprinklered basement for record storage. Nice signage and abundant parking on site and across street in public lot. A rare find. Ideal for professional offices - Insurance, CPA, Real Estate, Lawyers, or financial Services. Nice !!

Last Agent to Sell the Property

Gregory Hrabcak

Howard Hanna Real Estate Svcs Listed on: 12/28/2012

Last Buyer's Agent

Rick Rano

RE/MAX Affiliates, Inc. License #2003001121

RE/MAX Affiliates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,979

Year Built

  • Built in 1979

Lot Details

  • 0.3

Parking

  • 10 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • 10 Foot Ceilings
  • Fire Sprinkler System

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Single-Phase Power

Additional Features

  • Handicap Accessible
  • 0.3 Acre Lot

Listing and Financial Details

  • Tenant pays for repairs, all utilities, all, insurance, cam, janitorial service, taxes
  • Assessor Parcel Number 080-000116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,979

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Office
  • Year Built: 1979
  • Tax Year: 2011
  • Lot Size Acres: 0.3
  • Co List Office Phone: 614-471-7400
  • MLS Status: Closed
  • Reso Structure Type: Multi Tenant
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • Heat Type Forced Air2: Yes
  • General Property Info Building Sqft2: 3100.0
  • Electric Single Phase: Yes
  • Miscellaneous Handicap Access: Yes
  • Building Features:Sprinkler - Wet: 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

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Stories: 2

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

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

Lot Info

  • Parcel Number: 080-000116
  • Lot Size Sq Ft: 13068.0
  • Additional Parcels: No
  • Zoning Description: Comm

Rental Info

  • Tenant Pays: Repairs, All Utilities, All, Insurance, Cam, Janitorial Service, Taxes
  • Will Landlord Remodel: No

Tax Info

  • Tax Annual Amount: 5979.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2012
Closed on
Feb 27, 2013
Sold by
Church Of The Messiah United Methodist C
Bought by
L & P Enterprises Westerville Llc
Seller's Agent
Gregory Hrabcak
Howard Hanna Real Estate Svcs
Buyer's Agent
Rick Rano
RE/MAX Affiliates, Inc.
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Current Estimated Value
$769,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,750
Avg. Annual Appreciation
8.19%
Original Mortgage
$228,400
Outstanding Balance
$160,002
Interest Rate
3.38%
Mortgage Type
Commercial
Estimated Equity
$609,748

Purchase Details

Closed on
Sep 27, 2011
Sold by
Church Of Messiah United Methodist Churc
Bought by
Church Of The Messiah United Methodist C

Purchase Details

Closed on
Jul 21, 2008
Sold by
Morris Building Partners
Bought by
Church Of Messiah United Methodist Churc

Purchase Details

Closed on
Feb 14, 1991
Bought by
Morris Building Partners

Purchase Details

Closed on
Nov 16, 1990
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
L & P Enterprises Westerville Llc $285,000 None Available
Church Of The Messiah United Methodist C -- None Available
Church Of Messiah United Methodist Churc $375,000 Expedient
Morris Building Partners $72,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open L & P Enterprises Westerville Llc $228,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2013 02/27/13 Sold $285,000 -1.4% $92 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $289,000 -- $93 / 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 $13,856 $163,990 $55,970 $108,020
2023 $13,471 $163,980 $55,970 $108,010
2022 $11,122 $116,630 $44,070 $72,560
2021 $11,203 $116,630 $44,070 $72,560
2020 $11,027 $116,630 $44,070 $72,560
2019 $10,018 $105,010 $41,970 $63,040
2018 $9,851 $105,010 $41,970 $63,040
2017 $10,013 $105,010 $41,970 $63,040
2016 $10,079 $99,760 $41,970 $57,790
2015 $9,788 $99,760 $41,970 $57,790
2014 $6,583 $99,760 $41,970 $57,790
2013 -- $66,500 $41,965 $24,535
Source: Public Records

Agents Affiliated with this Home

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 212040710

Columbus and Central Ohio Regional MLS

APN: 080-000116