Cash In Your $2.488-Million Vancouver Teardown And Buy This $2.29-Million c.1926 Ohio Castle (PHOTOS)
Cash In Your $2.488-Million Vancouver Teardown And Buy This $2.35-Million c.1926 Ohio Castle
8021 Ash Street, Vancouver, British Columbia, Canada
Built in 1950, this $2.488-million dollar tear down offers 1,700 square feet of floor space with 3 bedrooms & 2 bathrooms on a cozy 5,280 square foot (0.12-acre) lot about 24 minutes from downtown Vancouver. It sold last March 2016 for $2.15-million CAD and is back on the market for $2.488-million CAD, an increase of $338,000 CAD. The 2015 assessment came in at $1,827,300 CAD, while the most recent assessment has it sitting at $2,393,600 CAD with the structure only making up $30,300 CAD of that. Lets say this property sells for the $2.488-million CAD asking price, this would enable the homeowner to spend up to $1,897,332 USD on a new home somewhere in the United States. We’ve scoured the internet for homes in that price range and have found something quite spectacular. For
$1.795-million USD $1.750-million USD ( $2,356,179 CAD $2,295,212 CAD) you could be the new owner of a spectacular limestone castle in Bexley, Ohio, about 10 minutes from downtown Columbus. The 1.5-acre property previously sold in 2003 for $1.85-million USD, and after over $1,000,000 USD in renovations it came back on the market in 2014 for $3.625-million USD. It sat on the market for a couple years and after numerous price reductions it can now be yours for just $1.795-million USD $1.750-million USD. It’s known as ‘The Huntington House’, was designed by Alfred Hopkins and dates back to c.1926. Inside there’s over 11,400 square feet of living space with grand-scale entertaining areas including a 28-foot high grand hall, as well as 9 bedrooms & 8 bathrooms throughout. All the bathrooms have been renovated, there’s a new HVAC system, a new gourmet kitchen, a new driveway, and beautiful original details throughout. It’s hard to imagine being able to buy something of this quality for the same price as a 1,700 square foot teardown in Vancouver, BC. It will be interesting to see what both properties end up selling for. The castle in Ohio is listed with Mike Carruthers of Coldwell Banker.