1974 Langham Rd Columbus, OH 43221

3 beds · 2 baths · 1,321 sq ft · Lot Size: 9,518 sq ft · Single Family Home · Upper Arlington
Est. Property Value: $452,852

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1974 Langham Rd is in the Upper Arlington neighborhood of Columbus, OH. It is located in Franklin County and ZIP code 43221. This Single Family Home was built in 1953 and is approximately 72 years old. The single family home spans 1321 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9518 sq ft lot. According to public records, it was last sold in 2019 for $325,000 and has a tax-assessed value of $348,800, which is $343 per sq ft. The Upper Arlington area of Columbus has 5109 residential homes with an average size of 1732 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1974 Langham Rd Columbus, OH 43221 with Property Intel by Whitepages.

Owners & Occupancy for 1974 Langham Rd

No contact information is available.

Occupancy

Resident 1**************** age 32
Resident 2******************* age 32

Property Financials for 1974 Langham Rd

1974 Langham Rd, Columbus, OH has a mortgage from First Ohio Hm Fin Inc (orig. May 05, 2020). The Franklin county assessment for 2023 values it at $348,800, with annual taxes of $6,980.

Mortgage & Equity Information

Loan Amount$******
LenderFirst Ohio Hm Fin Inc
Origination DateMay 05, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateApril 22, 2019
Property Tax Amount$6,980 in 2023
Purchase Price$325,000
Assessed Value$348,800 on 2023

Investment Potential for 1974 Langham Rd

The property has a current estimated value of $452,852, which is 9% below the neighborhood median, based on public records. It last sold on April 22, 2019 for $325K. Projected long-term
is $21,000 annually ($1,750 per month) with a 94% occupancy rate.

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Long-Term

Gross Rental
$21,000 per year($1,750 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 43221 zip code
 
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Property Details for 1974 Langham Rd

Property Details

Property Sq Ft

Living Area

1,321 sq ft

24% below market

Lot Size

9,518 sq ft

9% below market

Price Per Sq Ft

Living Area

$343 / sq ft

14% above market

Lot Size Area

$48 / sq ft

3% above market

Property condition, age, exterior, etc. for 1974 Langh…
Longitude: -83.065841 Latitude: 40.021223 Parcel Number (APN): 070-005071…

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Market Benchmarks

Compare data for 1974 Langham Rd in Franklin County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$452,852
$205,751
$247,101 (120%)
$315,938
$435,878 (138%)
YoY Price Change
3.15%
110%
Year Built
1953
1962
-9 years
Living Space
1,321 sq ft
1,501 sq ft
-180 (-12%)
$ Per Living Sq Ft
$343
$138
$204 (148%)
Lot Size
9,518 sq ft
11,282 sq ft
-1764 (-16%)
$ Per Lot Sq Ft
$48
$17
$31 (185%)

Net Operating Income
$15,247
-$7,313 (-48%)
Annual Revenue
$21,000
$22,800
-$1,800 (-8%)
$7,113
$5,953 (84%)
Net Operating Income
$15,247
-$7,313 (-48%)
Cap Rate
7.33%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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