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1345 Magnolia Way

1345 Magnolia Way, Powell, OH 43065
Property in Liberty
Sold Mar 31, 2021
$732,666
$500,000 by Caliber Home Loans Inc
Mortgage Due Apr 01, 2051
1345 Magnolia Way has been categorized by the local assessors in Powell, OH as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1345 Magnolia Way has 2,311 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,142 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 437 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Mar 23, 2021 for $732,666. That's $149.83 per sqft. 1345 Magnolia Way was last assessed in 2023. The total value of the property was assessed at $268,070. Specifically, the land the property is located on was valued at $51,380. While improvements on the property were assessed at a total of $216,690. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $14,243. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Conventional
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,142
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 4,890
  • Gross Building Area: 4,890
  • Building Area: 2,311
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 2,311
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOCH LOMOND HILLS CONDO
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 35 LOCH LOMOND HILLS CONDO 5TH AMEND

Ownership

  • Current Owner : BANSAL GIRRAJ K
  • Current Owner 2: BANSAL VEENA
  • Previous Owner : LOHI LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Olentangy Local School District
  • School Tax School District: 25
  • Census Tract: 011421

Geography

  • Parcel: 319-444-05-044-538
  • Municipality: LIBERTY TWP OLENTANGY
  • Latitude: 40.1388
  • Longitude: -83.0407

    Address

  • Full Address: 1345 Magnolia Way
  • Address - House Number: 1345
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Way
  • State: OH
  • City Name: Powell
  • Carrier Code: R011
  • 4-Digit Zip Code: 5120
  • Zip Code: 43065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,243
  • Tax Rate Code Area: 25 2104

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 791,650
  • High Value: 965,882
  • Low Value: 617,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $765,900
  • Market Land Value: $146,800
  • Market Improvement Value: $619,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,070
  • Assessed Land Value: $51,380
  • Assessed Improvements Value: $216,690

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11830847568
  • Current Sale Price: $732,666
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100015298

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Delaware



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Frequently Asked Questions

What neighborhood is 1345 Magnolia Way located in?
The 1345 Magnolia Way is a located in the neighborhood of Liberty in Delaware, Powell.
What is the average sales price for listings in 1345 Magnolia Way?
The average sales price for units in 1345 Magnolia Way is $0 currently.

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