5140 Edgeview Rd Columbus, OH 43207

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5 beds · 2 baths · 1,729 sq ft · Lot Size: 8,882 sq ft · Single Family Home · Reese Station
Est. Property Value: $248,136

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5140 Edgeview Rd is in the Reese Station neighborhood of Columbus, OH. It is located in Franklin County and ZIP code 43207. This Single Family Home was built in 1961 and is approximately 64 years old. The single family home spans 1729 sq ft with 5 bedrooms and 2 bathrooms and sits on a 8882 sq ft lot. According to public records, it was last sold in 2023 for $255,000 and has a tax-assessed value of $277,800, which is $144 per sq ft. The Reese Station area of Columbus has 448 residential homes with an average size of 1850 sq ft. Analyze and compare real estate investment strategies for properties like this home at 5140 Edgeview Rd Columbus, OH 43207 with Property Intel by Whitepages.

Owners & Occupancy for 5140 Edgeview Rd

This property is owned by Zachary M Rowe. Owner contact information includes 6 phone numbers and 5 email addresses.

Property Owners

Cell Phone(765) ***-****View Cell Phone
Residence************
Landline(406) 377-5341
Distance from Property**********
Email Address*******@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 42
Resident 2*********************** age 33
Resident 3************** age 35

Property Financials for 5140 Edgeview Rd

5140 Edgeview Rd, Columbus, OH has a mortgage from Newrez Llc (orig. February 22, 2023). The Franklin county assessment for 2023 values it at $277,800, with annual taxes of $4,420.

Mortgage & Equity Information

Loan Amount$******
LenderNewrez Llc
Origination DateFebruary 22, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateFebruary 22, 2023
Property Tax Amount$4,420 in 2023
Purchase Price$255,000
Assessed Value$277,800 on 2023

Investment Potential for 5140 Edgeview Rd

The property has a current estimated value of $248,136, which is 4% above the neighborhood median, based on public records. It last sold on February 22, 2023 for $255K. Projected long-term
is $24,000 annually ($2,000 per month) with a 88% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
88%in 43207 zip code
 
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Property Details for 5140 Edgeview Rd

Property Details

Property Sq Ft

Living Area

1,729 sq ft

7% below market

Lot Size

8,882 sq ft

6% above market

Price Per Sq Ft

Living Area

$144 / sq ft

9% above market

Lot Size Area

$28 / sq ft

0% above market

Property condition, age, exterior, etc. for 5140 Edgev…
Longitude: -82.973765 Latitude: 39.853038 Parcel Number (APN): 150-001830…

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Market Benchmarks

Compare data for 5140 Edgeview Rd in Franklin County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$248,136
$342,818
-$94,682 (-28%)
$482,918
-$131,473 (-27%)
YoY Price Change
3.04%
156%
Year Built
1961
1979
-18 years
Living Space
1,729 sq ft
2,339 sq ft
-610 (-26%)
$ Per Living Sq Ft
$144
$146
-$3 (-2%)
Lot Size
8,882 sq ft
15,028 sq ft
-6146 (-41%)
$ Per Lot Sq Ft
$28
$22
$6 (26%)

Net Operating Income
$15,009
-$451 (-3%)
Annual Revenue
$24,000
$26,400
-$2,400 (-9%)
$10,778
-$1,336 (-12%)
Net Operating Income
$15,009
-$451 (-3%)
Cap Rate
4.57%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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