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5909 Rainwater Way

Columbus, OH 43228

4 bd 4 ba 2,496 sqft Built 2001 Lot 7,405 sqft single_family
Most recent sale
$340,000
Oct 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 10, 2022 Sold $340,000 Public Record
Oct 7, 2022 Sold $340,000 ColumbusCORMLS
Sep 21, 2022 Listed $335,000 MLS #222035477
Aug 23, 2018 Sold $235,000 Public Record
Aug 20, 2018 Sold $235,000 ColumbusCORMLS
Jul 8, 2018 Price changed $234,900 MLS #218023548
Jun 28, 2018 Listed $249,900 MLS #218023548
Aug 19, 2013 Sold $172,000 Public Record
Aug 5, 2013 Sold $172,000 ColumbusCORMLS
Jun 7, 2013 Price changed $179,800 MLS #213014977
May 2, 2013 Listed $179,900 MLS #213014977
Jul 30, 2001 Sold $174,100 Public Record
Mar 21, 2001 Sold $57,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $83,720 $30,100 $113,820 $5,108
2023 $83,720 $30,100 $113,820 $5,042
2022 $68,985 $10,150 $79,135 $4,104
2021 $68,985 $10,150 $79,135 $4,112
2020 $68,985 $10,150 $79,135 $4,117
2019 $58,170 $8,470 $66,640 $4,043
2017 $55,020 $8,470 $63,490 $3,849
2016 $47,320 $11,165 $58,485 $3,875
2015 $47,320 $11,165 $58,485 $3,517
2014 $47,320 $11,165 $58,485 $3,526
2013 $49,805 $11,760 $61,565 $3,661
2012 $49,805 $11,760 $61,565 $3,660
2011 $49,805 $11,760 $61,565 $3,582

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,496 sqft
Lot size
7,405 sqft
ZIP code
43228
City
Columbus
Street
Rainwater Way
Coordinates
39.96585, -83.15911

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,744
Gross rental yield
13.21%
Implied cap rate
8.59%
Trend-extrapolated value

Frequently asked questions

When did 5909 Rainwater Way last sell?
5909 Rainwater Way most recently sold on Oct 10, 2022 for $340,000.
What is the current tax assessment for 5909 Rainwater Way?
The most recent total assessment for 5909 Rainwater Way (year 2024) is $113,820 with $5,108 in property tax.
How does 5909 Rainwater Way's assessment compare to its last sale price?
The current assessment is 66.5% below the last sale price of $340,000.
When was 5909 Rainwater Way built?
5909 Rainwater Way was built in 2001.
How does 5909 Rainwater Way compare to others on Rainwater Way?
We track 8 other properties on Rainwater Way. Browse the list under "Other properties on Rainwater Way" to compare beds, baths, and sale history.
What are the property facts for 5909 Rainwater Way?
5909 Rainwater Way is a 4 bed, 4 bath, 2,496 sqft, 7,405 sqft lot single_family.
Is 5909 Rainwater Way a flip candidate?
No — 5909 Rainwater Way does not appear in our flips dataset.
Is 5909 Rainwater Way a tax-appeal candidate?
No — 5909 Rainwater Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.3%
Implied 1-yr
-9.2%
2026 Q3
$275.9K
2026 Q4
$268.5K
ZIP 43228 — Median Price History + Forecast

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