Bexley Home Owners’ Property Taxes help fund Highly Visible Bexley Police Force

The Police in Bexley are everywhere all the time!I work in Bexley, on Main Street.  I find it uncanny how often I see a Bexley Police cruiser out and about while I am also out and about in Bexley.  Whether I’m showing homes, on my way to or from work or home or the kid’s school, I swear to you I see a Bexley Police car patrolling or stopped during that trip — At least one, often two or three.

Not just on Main Street either, Broad Street, Drexel, Fair, Remington, even Gould, it doesn’t matter, they’re everywhere all the time.  That kind of presence surely helps enforce that 25 MPH speed limit on Main Street I find so excruciating and it has to make the people of Bexley feel happy, safe and secure knowing that although they pay higher taxes than their Columbus Neighbors, the Bexley Police Department is on the streets instead of hanging out at HQ.

Authored by Joe | Discussion: No Comments »

Bexley Real Estate Update - Sold so far this year - check out the hybrid map

these 23 homes have sold so far this year in the bexley school districtMostly, I’m just showing off this cool aerial view with the homes marked on the map and I used Bexley because it’s such a small municipality.  These homes averaged $438,000 and 129 days on the market.  There are currently 76 active listings in the Bexley School District.

23 Homes have sold in Bexley so far this year.  Ranging from $80,000 to $2,750,000, (and those two (#s 1 and 15) were probably within about 1/3 mile of each other) these 23 homes were relatively evenly spread out between Central Bexley, South Bexley and North Bexley. 

 

Authored by Joe | Discussion: 1 Comment »

Speaking of Main Street - Why is this Box Building OK in Eastmoor?

Speaking of Main Street, why is this OK?  It shouldn't happen in Eastmoor.Since the city has finished up the South of Main Sewer project in Eastmoor, I’ve been driving by this soon-to-be auto parts store (and one-time site of Columbus’ last Skyline Chili) almost every day and wondering why in the world it’s OK to build the equivalent of a giant pole barn on East Main Street in Eastmoor.

I’ve recently had a good number of buyers interested in the Eastmoor area.  Eastmoor is a fantastic community with great homes, decent $/sf and a sense of pride.  They have a strongish civic association but the lack of checks and balances at City Hall allows ugly projects like this to built this close to the city center. 

I can’t imagine this eyesore is what the city of Columbus had in mind when they, almost a year ago, approved the Eastmoor Main and Broad Corridor Revitalization Plan in an attempt to guide the redevelopment of those critical commercial corridors.  

Eastmoor eyesoreWhen I drove by the other day and saw them pouring the parking lot that runs to Main Street, I thought this is another example of why development for development’s sake is a recipe for undesirable neighborhood streetscapes.  Bexley city council would never have allowed this building a mile West and Columbus’ Development Department should not have allowed it here.

Eastmoor was annexed to the city of Columbus in 1937. It is bounded by Bexley on the west, Whitehall on the east, Livingston Avenue to the south, and the CSX Railroad to the north.

Possibly of Interest:Berwick and Eastmoor - Two of Columbus’ Neighborhood Gems

43209 - last 3 months - nice chart 

What Neighborhoods Comprise Columbus?

 

Authored by Joe | Discussion: No Comments »

Is Bexley getting a new Real Estate office?

Between Guiseppes and the barber shopCorrection Update:

I now know (01-08-08) that an HER Satellite office will soon open in this Drexel Ave Storefront.  It will be nice for our Coldwell Banker King Thompson office to have company inside the Bexley city limits.

Meanwhile, the HER office on Main Street will continue to thrive in its current location.

Authored by Joe | Discussion: 2 Comments »

43209 - last 3 months - nice chart

I love charts and graphs.  Love them.  I don’t make too many because, well, it’s time consuming.  I ran across this chart this morning.  Despite not being as accurate as it could be, I love this first chart – asking price vs sold price with recent sales above and below the average asking price.  This is for 43209 which is comprised of Bexley, Berwick and Eastmoor.

I LOVE charts and graphs and I hope to do more of them soon - they're just time consuming and i need a way to pull mls data quick and easy and make great charts like this first one.

Authored by Joe | Discussion: 1 Comment »

The Bexley Real Estate Market has been Quiet

Bexley Gateway - 50% Tax Abated for 15 years - enough of a carrot?This month there has not been too much happening in our neck of the woods.  I was excited to see 8 homes on the Bexley, Berwick, Eastmoor realtor Association tour this morning until I realized I had seen all but two of them already — and those weren’t really worth seeing anyway.

So far this November, ONE home has sold, an 1800 sq ft cape on Francis in South Bexley for $226,500. Interestingly, that home (which was a nice property) started out at $254,900 162 days prior to accepting an offer and the same home sold for $217,500 almost exactly four years earlier.  (just for fun, the same home hold sold for $117,500 TEN years prior which would be a much nicer appreciation rate).

What can I say, it’s been slow.  To be fair though, there are 38 properties In Contract at the moment, many of which will close tomorrow.  There are 97 Active Listings in Bexley, Ohio right NOW. 

About a year ago today, some of the Bexley Gateway condos hit the MLS.  One example of the Bexley Gateway condos would be a fourth floor 2 bed, 2.5 bath corner unit that was listed at $520,900.  After 146 days, it expired and came back on the market at $549,900 in late May.  It expired again this month after 185 days, as did about 8 other Bexley Gateway listings in the MLS.

Right now, the only Bexley Gateway condo units in the MLS, though all unsold units are available for sale, are units 205 and 308 which would put them near the two models.  I love the unit #307 model with the superb kitchen done in black and white but I’m not a big fan of the choices in the other model, mostly decorative choices. 

Unit #308 is listed at $805,900.  While it boasts 2345 square feet and all that Bexley Gateway has in the way of amenities, and even if it includes over $28,000 in upgrades and a 15 year 50% tax abatement, I just cannot justify the price.  Most of these prices really.  So what if you have two balconies if the only views you have are the parking lot for the commercial building and the back of the Trinity Lutheran apartments?  As spectacular as this project is, in my book, it’s just not $343/sq ft spectacular. 

Then again, you can walk to the Drexel and see a great film almost every night of the week.  Did I mention Jeni’s ice cream is coming to Bexley?  Now if the developers would throw in free ice cream for life for every condo purchase . . . . .

of interest: Public Art AND Function? In Bexley? 

Bexley Real Estate Market Update - October Homes for sale and sold

 

Authored by Joe | Discussion: No Comments »

Public Art AND Function? In Bexley?

lock up your bike to a bike!I talk to a lot of people about topics like urbanism and making neighborhoods social, walkable and sustainable.  Usually, when I have these conversations I’m talking about Downtown Columbus and the neighborhoods that surround downtown.

Each day, each week, I am in and out of many homes in Bexley.  I love Bexley and I love helping people buy and sell real estate in Bexley.  Bexley is my preferred suburb.  (There, I said it.  Sorry Grandview) It occurred to me today that Bexley, for many folks anyway, is a walkable urban environment.  Sure, it might not be so urban its neighbor the the West, Olde Towne East, but Main Street in Bexley has about everything you’d I’d ever want to walk to: Good restaurants, independent retailers, barbers, art galleries, Ice Cream (Graeters with a Jeni’s on the way!), fast and easy restaurants, a major college campus, dry cleaners, a beer and wine store, an independent movie house, my office, places of worship, Hat and Sole — it’s all here.  Even great schools.

Wow, Bexley has it going on.  And now look, Bicycle parking that also functions as public art.  All this and only 3 miles from Broad and High? You should move here.

Authored by Joe | Discussion: 2 Comments »

Bexley Real Estate Market Update - October Homes for sale and sold

This 3 bed, completely remodeled Sherwood Ranch sold for $237,500 in 75 daysLast month, there were 16 homes sales in Bexley.  They averaged

  • $126.01/sq ft
  • 78 days on market
  • 2044 sq ft and
  • 95.3% of the last list price

There are 109 active single family homes for sale in Bexley as of today with another 17 in contract.

In October, 5 South Bexley homes sold for an average of 58 days on market, $108.54/sq ft. and averaged 1590 sq ft for an average of $172,580 (who said Bexley is out of reach for young families?)

Also in October, only 2 Central Bexley homes sold, both on Sherwood and they averaged $135.40/sq ft and about 2103 sq ft on average for a total of 93 average days on market and $284,750.  I think this speaks to the general malaise in Bexley that has been around for about the last 3 months, not a hyper active market but certainly somewhat insulated from housing woes.  To be fair though, I didn’t inlclude the listing below on Columbia Ct in the Central Bexley stats.

Last month, 7 North Bexley homes sold for an average of $126.72/sq ft and had about 1945 sq feet on average for about 89 days on market.  The average North Bexley home sold for $246,464 in October.

879 Francis was the least expensive home to sell in September, a 3 bedroom one bath cape cod typical of South Bexley and not a bad address for only $142,500.  It was on the active market for 30 days.

Columbia ctAnd, in a league of it’s own last month, The most expensiveBexley home to sell last month was a 5179 sq ft custom build on (would you believe it?) a cul de sac (in Bexley!).  531 Columbia Place is on a tiny niche between Bryden and Main streets.  It also had a pretty giant lower level not counted in the square feet.  This is what I might call a neo-contemporary house, especially for Bexley.  It was nice and ultra modern in it’s day but it showed like 1985, the year it was built.  Oh, it sold for $775,000 after flirting with $995 for 211 days of 2006 and hitting the market anew in early May at $895,000.

Authored by Joe | Discussion: 3 Comments »

« Previous Entries

Copyright 2008 Columbus Real Estate Notes on Homes for Sale, the Columbus Market, and Home Buyer Help     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs

Close
E-mail It