Zip Code
175 Sassafras Way, Westerville, OH 43081
4 beds · 2 baths · 1,949 sq ft · Lot: 7,950 sq ft · Single Family Home · Last Sold: $215K in 2010 · Built: 1993
Est. Value:
$420K
Est. Rent:
$2.1K/month

175 Sassafras Way Westerville, OH 43081

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4 beds · 2 baths · 1,949 sq ft · Lot Size: 7,950 sq ft · Single Family Home
Est. Property Value: $420,300

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175 Sassafras Way is in the 43081 neighborhood of Westerville, OH. It is located in Franklin County and ZIP code 43081. This Single Family Home was built in 1993 and is approximately 32 years old. The single family home spans 1949 sq ft with 4 bedrooms and 2 bathrooms and sits on a 7950 sq ft lot. According to public records, it was last sold in 2010 for $215,000 and has a tax-assessed value of $379,000, which is $216 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 175 Sassafras Way Westerville, OH 43081 with Property Intel by Whitepages.

Investment Potential for 175 Sassafras Way

The property has a current estimated value of $420,300, which is 2% above the zip median, based on public records. It last sold on March 03, 2010 for $215K. Projected long-term
is $25,200 annually ($2,100 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 43081.

Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 43081 zip code
 
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Owners & Occupancy for 175 Sassafras Way

This property is owned by Matthew E Parker. Owner contact information includes 9 phone numbers and 4 email addresses.

Property Owners

Cell Phone(614) ***-****View Cell Phone
Residence***************
Landline(740) 623-0308
Distance from Property**********
Email Address****@netwalk.comView Email
Cell Phone(614) ***-****View Cell Phone
Residence***************
Landline(740) 623-0308
Distance from Property**********
Email Address*********@comcast.netView Email

Property Ownership Information

Purchase DateMarch 03, 2010
Property Tax Amount$7,379 in 2023
Purchase Price$215,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************
Resident 2**************** age 49
Resident 3*************** age 52

Property Details for 175 Sassafras Way

Property Details

Property Sq Ft

Living Area

1,949 sq ft

12% below market

Lot Size

7,950 sq ft

24% below market

Price Per Sq Ft

Living Area

$216 / sq ft

14% above market

Lot Size Area

$53 / sq ft

39% above market

Property condition, age, exterior, etc. for 175 Sassaf…
Longitude: -82.916715 Latitude: 40.13056 Parcel Number (APN): 080-010628…
Mortgage originated on through lender: Insight Bk for$*****View Mortgage Details
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Recommended Properties in 43081

Discover more single family homes near 175 Sassafras Way in Westerville, Ohio. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 175 Sassafras Way in Franklin County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$420,300
$340,211
$80,089 (24%)
$484,916
$92,963 (19%)
YoY Price Change
3.04%
-100%
Year Built
1993
1979
14 years
Living Space
1,949 sq ft
2,339 sq ft
-390 (-17%)
$ Per Living Sq Ft
$216
$151
$64 (43%)
Lot Size
7,950 sq ft
15,028 sq ft
-7078 (-47%)
$ Per Lot Sq Ft
$53
$26
$27 (107%)

Net Operating Income
$15,546
-$4,145 (-27%)
Annual Revenue
$25,200
$26,400
-$1,200 (-5%)
$10,098
$3,701 (37%)
Net Operating Income
$15,546
-$4,145 (-27%)
Cap Rate
4.55%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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