5938 Rainwater Way
Columbus, OH 43228
4 bd 4 ba 3,196 sqft Built 2003 Lot 7,405 sqft single_family
Most recent sale
$385,000
Jul 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2022 | Sold | $385,000 | Public Record |
| Jul 15, 2022 | Sold | $385,000 | ColumbusCORMLS |
| Jun 16, 2022 | Listed | $375,000 | MLS #222021673 |
| Dec 9, 2016 | Sold | $245,000 | Public Record |
| Nov 29, 2016 | Sold | $245,000 | ColumbusCORMLS |
| Oct 24, 2016 | Listed | $245,000 | MLS #216038516 |
| Oct 6, 2003 | Sold | $239,600 | Public Record |
| Apr 17, 2003 | Sold | $31,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $114,450 | $30,100 | $144,550 | $6,487 |
| 2023 | $114,450 | $30,100 | $144,550 | $6,404 |
| 2022 | $91,490 | $10,080 | $101,570 | $5,267 |
| 2021 | $91,490 | $10,080 | $101,570 | $5,277 |
| 2020 | $91,490 | $10,080 | $101,570 | $5,284 |
| 2019 | $77,035 | $8,400 | $85,435 | $5,183 |
| 2017 | $77,035 | $8,400 | $85,435 | $5,180 |
| 2016 | $61,460 | $10,955 | $72,415 | $4,218 |
| 2015 | $61,460 | $10,955 | $72,415 | $3,829 |
| 2014 | $61,460 | $10,955 | $72,415 | $3,838 |
| 2013 | $64,680 | $11,515 | $76,195 | $4,011 |
| 2012 | $64,680 | $11,515 | $76,195 | $4,530 |
| 2011 | $64,680 | $11,515 | $76,195 | $4,433 |
Property facts
Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,196 sqft
Lot size
7,405 sqft
ZIP code
43228
City
Columbus
Street
Rainwater Way
Coordinates
39.96635, -83.15996
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,310
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5938 Rainwater Way last sell?
5938 Rainwater Way most recently sold on Jul 25, 2022 for $385,000.
What is the current tax assessment for 5938 Rainwater Way?
The most recent total assessment for 5938 Rainwater Way (year 2024) is $144,550 with $6,487 in property tax.
How does 5938 Rainwater Way's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $385,000.
When was 5938 Rainwater Way built?
5938 Rainwater Way was built in 2003.
How does 5938 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 5938 Rainwater Way?
5938 Rainwater Way is a 4 bed, 4 bath, 3,196 sqft, 7,405 sqft lot single_family.
Is 5938 Rainwater Way a flip candidate?
No — 5938 Rainwater Way does not appear in our flips dataset.
Is 5938 Rainwater Way a tax-appeal candidate?
No — 5938 Rainwater Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.3%
Implied 1-yr
-9.2%
2026 Q3
$275.9K
2026 Q4
$268.5K
ZIP 43228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainwater Way