3 Beds   2 Baths   1,938 Sq. Ft.   Single-Family
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Mccutcheon Rd
Gahanna, OH 43230

*Rental Value Coming Soon

Overview

This Single-Family Preforeclosure is located at Mccutcheon Rd, Gahanna, OH 43230. It has 3 Beds 2 Baths , 1,938 sqft of living space. This property is currently in pre-foreclosure .
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Status: Active
Listing ID: 63348547
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Learn about Mccutcheon Rd in Gahanna, OH

This single-family property is available as a preforeclosure at Mccutcheon Rd. This property features 3 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,938 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Gahanna, specifically for Mccutcheon Rd and comparable listings. Based on this expert analysis, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Mccutcheon Rd are updated daily along with others in Gahanna, Ohio, ensuring you have the most current and accurate information. Since this property is a preforeclosure, be sure to check out our Foreclosure Timeline for Mccutcheon Rd below to see detailed and helpful information about what stage of the foreclosure process this listing is in.


Foreclosure Timeline

Mccutcheon Rd in Gahanna Ohio Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Mccutcheon Rd
View Preforeclosure Status
03/11/25
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.

What is the city of Gahanna, OH like?

Gahanna, Ohio, is a vibrant suburb located just northeast of Columbus, known for its welcoming community and rich history. The area features a blend of residential neighborhoods, parks, and local businesses that cater to families and individuals alike. Residents enjoy a variety of events throughout the year, including community festivals and local farmer's markets, fostering a strong sense of community.

The city boasts a variety of amenities including shopping centers, restaurants, and recreational facilities. The nearby Gahanna Woods State Nature Preserve offers scenic trails for hiking and exploring nature, making it a popular spot for outdoor enthusiasts. Furthermore, families benefit from the area’s emphasis on education, with well-rated schools and access to quality educational resources.

Transportation is convenient thanks to Gahanna's proximity to major highways, allowing for quick access to downtown Columbus for work or leisure. Public transport options, including bus services, make commuting to nearby areas straightforward. Gahanna also emphasizes connectivity with its well-maintained bike paths and pedestrian-friendly streets.

Nearby Schools

There are 4 schools in the area. Nearby schools include Gahanna Lincoln High School and Middle School East.

Gahanna Lincoln High School
Middle School East
Gahanna East Middle School
Franklin Park Elementary School

Nearby Attractions

There are plenty of activities near this property like Gahanna Library, Gahanna Municipal Center, and more.

Gahanna Library
Gahanna Municipal Center
Gahanna Community Center
Mount Carmel East Hospital

What kind of public transportation is there?


Public transportation options include: COTA bus services connecting Gahanna to nearby Columbus areas, Bike-share programs available in the region. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Gahanna Woods State Nature Preserve, Creekside Park and more.

Gahanna Woods State Nature Preserve
Creekside Park
Harmon Park
Hannah Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Spectrum
AT&T
WOW!
Rental Chart
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for Mccutcheon Rd in Gahanna Ohio
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Property Information

Public Records

Community & Neighborhood

This property in Gahanna, OH is located in the Woodmere Place Subdivision.


Preforeclosure

The property located at Mccutcheon Rd in Gahanna, OH is listed as a Preforeclosure

This listing located at Mccutcheon Rd in Gahanna, OH could be available as a Rent-to-Own listing as well, additional diligence will be required from the buyer to determine if this listing can be approved as a RTO.

Please take note that this property in Gahanna, Ohio is not listed as a Rent-to-Own (RTO) opportunity. It is currently in an initial default stage in Gahanna, OH, commonly referred to as Pre-Foreclosure, indicating that the homeowner has missed at least one payment and is considered delinquent. However, instead of going through a potentially lengthy foreclosure process, which could take up to 18 months, the homeowner may be open to considering a Rent-to-Own option that covers their mortgage.

Since Pre-Foreclosure properties are not formally listed for sale, there is no asking price available. Instead, you’ll find either the original loan balance or an Estimated Market Value (EMV) provided. To make a reasonable offer for this home, it’s advisable to use either the loan balance or EMV amount in conjunction with local sale price comparables to determine an appropriate offer. Alternatively, the homeowner might be willing to work with you on a monthly amount that can help them avoid the foreclosure process.

You may also want to check with a real estate attorney or other legal authority to discuss the potential risks of executing a Rent-to-Own agreement with the current Pre-foreclosure owner. If the current owner in Gahanna, Ohio doesn't make their mortgage payments, they could lose the property which would directly affect you and your Rent-to-Own agreement.

For this reason, many buyers find a real estate investor or investment company to buy a Pre-Foreclosure property from the current owner. The investor/investment company could then offer you a Rent-to-Own agreement on that property that you worked out with them in advance, which could stabilize the investment and prevent complications.

This is an important legal concept to understand before moving forward

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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AVM Analysis

Loan Information

Legal Information

Credit Information Center

County Information

Document Center

Listing History

Start Date End Date Listing Type Bank Name
03/11/25   Preforeclosure Pennymac Loan Services LLC
05/31/24 12/27/24 Preforeclosure Pennymac Loan Services LLC

Similar Homes Nearby Gahanna, OH


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Mccutcheon Rd
Gahanna, OH 43230

3 Beds   2 Baths   1,938 sq. ft.   Single-Family

 

Status: Active Listing ID: 63348547

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Mccutcheon-Rd-Gahanna-OH-43230/63348547_lid

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