NOT LISTED FOR SALE

1345-1347 Oakwood Ave Columbus, OH 43206

Karns Park Neighborhood

Estimated Value: $302,000 - $350,000

6 Beds
2 Baths
2,268 Sq Ft
$144/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $269,500 $119 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,049/month

5 Days on Market

About This Home

As of February 2023

Southern Orchards investment opportunity! This South Side duplex is perfect for both a seasoned investor looking to add to their multifamily portfolio or a first time investor looking for a ''house hack''. Close to all of downtown Columbus' hottest neighborhoods and just 1.5 miles from Nationwide Children's Hospital. Both units are 3 bed 1 bath. One unit is vacant and rent or move in ready. The other unit is occupied at $1095 per month providing immediate rental income. Both units were renovated in 2021 and include updated kitchens, bathrooms, and stainless steel appliances. Large backyard and room for off street parking behind the home.

Last Agent to Sell the Property

Jacob Fisk

Red 1 Realty License #2016005715 Listed on: 12/07/2022

Red 1 Realty

Last Buyer's Agent

Drew Gelatt

Coldwell Banker Realty License #2013000506

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,539

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 2,268 Sq Ft Home
  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-036459

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $13,140
  • Net Operating Income $13,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,539

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 13140.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Subdivision Name: Southern Orchards
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 13140.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2268.0
  • Miscellaneous Basement2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-036459
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13140.0

Tax Info

  • Tax Annual Amount: 1539.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 19, 2023
Sold by
Columbus Home Buyer Llc
Bought by
Fisher Kyle
Seller's Agent
Jacob Fisk
Red 1 Realty
Buyer's Agent
Drew Gelatt
Coldwell Banker Realty
List Price
$265,000
Sold Price
$269,500
Premium/Discount to List
$4,500
1.7%
Views
21
Current Estimated Value
$327,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,154
Avg. Annual Appreciation
8.93%
Original Mortgage
$263,636
Outstanding Balance
$256,272
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$80,891

Purchase Details

Closed on
Oct 16, 2020
Sold by
Kurmally Mohammed Y and Kurmally Jane Y
Bought by
Columbus Home Buyer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 27, 1977
Bought by
Kurmally Mohammed Y
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fisher Kyle $269,500 Chicago Title
Columbus Home Buyer Llc $140,000 New Title Company Name
Kurmally Mohammed Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisher Kyle $263,636
Previous Owner Columbus Home Buyer Llc $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $269,500 +1.7% $119 / Sq Ft
12/07/2022 12/07/22 For Sale $265,000 -- $117 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,810 $84,000 $22,400 $61,600
2023 $3,859 $84,000 $22,400 $61,600
2022 $2,306 $28,910 $4,970 $23,940
2021 $1,539 $28,910 $4,970 $23,940
2020 $1,541 $28,910 $4,970 $23,940
2019 $1,500 $24,120 $4,170 $19,950
2018 $1,274 $24,120 $4,170 $19,950
2017 $1,327 $24,120 $4,170 $19,950
2016 $1,154 $16,980 $3,330 $13,650
2015 $1,050 $16,980 $3,330 $13,650
2014 $1,053 $16,980 $3,330 $13,650
2013 $547 $17,885 $3,500 $14,385
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jacob Fisk

    Red 1 Realty

    (614) 949-9680

    13 in this area

    409 Total Sales

    Jacob Fisk
    Section Image
  • Drew Gelatt

    Buyer's Agent in 2023

    Drew Gelatt

    Coldwell Banker Realty

    (614) 600-8420

    1 in this area

    84 Total Sales

    Drew Gelatt
    Section Image

  • A

    Buyer's Agent in 2023

    Andrew Gelatt

    Coldwell Banker Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222043865

Columbus and Central Ohio Regional MLS

APN: 010-036459

Ohio Franklin County Columbus 43206 Karns Park

1345-1347 Oakwood Ave, Columbus, OH

This home is located at 1345-1347 Oakwood Ave, Columbus, OH 43206 since 07 December 2022 and is currently estimated at $327,654, approximately $144 per square foot. This property was built in 1925. 1345-1347 Oakwood Ave is a home located in Franklin County with nearby schools including Moler Elementary School, South High School, and Capital Collegiate Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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