NOT LISTED FOR SALE

40 N Oakley Ave Unit 42 Columbus, OH 43204

Central Hilltop Neighborhood

Estimated Value: $141,000 - $196,000

6 Beds
2 Baths
2,366 Sq Ft
$72/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $37,500 $16 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,123/month

30 Days on Market

About This Home

As of April 2018

Great Investment Opportunity on this 3 bedroom per side duplex in the Hilltop neighborhood in Columbus. Both units are currently tenant occupied, bringing in a total of $1,020/mo. Please do not disturb the tenants. Curb Offers Only. Property is being sold strictly As-Is.

Last Listed By

Jeff Kowalczuk

Nexrise Real Estate, LLC License #2018001391 Listed on: 02/21/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 2,366 Sq Ft Home

Parking

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

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-001111

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,167
  • Gross Income $12,336
  • Net Operating Income $11,169

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Tax Year: 2017
  • Lot Size Acres: 0.14
  • Total Gross Income: 12336.0
  • Co List Office Phone: 614-499-5406
  • MLS Status: Closed
  • Subdivision Name: Hilltop
  • Income Expenses Gross Income: 12336.0
  • Annual Expenses: 1166.88
  • General Property Info Building Sq Ft: 2366.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-001111
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11169.12
  • Annual Operating Expense: 1166.88

Tax Info

  • Tax Annual Amount: 1167.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 6, 2018
Sold by
Ge Investments Group Llc
Bought by
Failor Properties Llc
Seller's Agent
Jeff Kowalczuk
Nexrise Real Estate, LLC
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$42,500
Sold Price
$37,500
Premium/Discount to List
-$5,000
-11.76%
Total Days on Market
30
Current Estimated Value
$171,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,591

Purchase Details

Closed on
Apr 12, 2013
Sold by
Redstone Dwellings Llc
Bought by
Ge Investment Group Llc

Purchase Details

Closed on
May 6, 2011
Sold by
Birch Commons Llc
Bought by
Redstone Dwellings Llc

Purchase Details

Closed on
May 2, 2007
Sold by
The Stillwater Asset Backed Fund Lp
Bought by
Birch Commons Llc

Purchase Details

Closed on
Aug 17, 2004
Sold by
Hamis Atukuzwe
Bought by
Stillwater Asset Backed Fund Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2004
Sold by
U S Bank Na
Bought by
Dfg2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2004
Sold by
Farris John and Case #03Cve09 9585
Bought by
U S Bank Na and Csfb Abs Trust Series 2001 He16

Purchase Details

Closed on
Nov 3, 1999
Sold by
Kahn/Vick Properties Inc
Bought by
Farris John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,800
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 1991

Purchase Details

Closed on
Nov 13, 1987

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
Failor Properties Llc $37,500 Chase Title Box
Ge Investment Group Llc $40,800 Hostetler Title
Redstone Dwellings Llc $45,500 None Available
Birch Commons Llc -- Title First
Stillwater Asset Backed Fund Lp -- World Class
Hamis Atukuzwe $32,000 Independent
Dfg2 Llc $12,000 Amerititle
U S Bank Na $23,200 --
Farris John $79,000 Landsel Title Agency
Kahn/Vick Properties Inc -- Landsel Title Agency
-- $40,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamis Atukuzwe $49,000
Previous Owner Kahn/Vick Properties Inc $15,800
Previous Owner Farris John $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $37,500 -11.8% $16 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $42,500 -- $18 / 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 $1,977 $43,130 $5,570 $37,560
2023 $1,952 $43,120 $5,565 $37,555
2022 $934 $17,570 $2,660 $14,910
2021 $935 $17,570 $2,660 $14,910
2020 $937 $17,570 $2,660 $14,910
2019 $910 $14,640 $2,210 $12,430
2018 $951 $18,770 $2,210 $16,560
2017 $1,167 $18,770 $2,210 $16,560
2016 $809 $11,910 $5,570 $6,340
2015 $737 $11,910 $5,570 $6,340
2014 $738 $11,910 $5,570 $6,340
2013 $288 $9,415 $1,050 $8,365
Source: Public Records

Agents Affiliated with this Home

  • Jeff Kowalczuk

    Seller's Agent in 2018

    Jeff Kowalczuk

    Nexrise Real Estate, LLC

    (614) 456-9000

    82 Total Sales

    Jeff Kowalczuk
    Section Image

  • N

    Buyer's Agent in 2018

    NON MEMBER

    NON MEMBER OFFICE

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218004691

Columbus and Central Ohio Regional MLS

APN: 010-001111

Ohio Franklin County Columbus 43204 Central Hilltop

40 N Oakley Ave Unit 42, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 40 N Oakley Ave Unit 42, Columbus, OH 43204 since 21 February 2018 and is currently estimated at $171,091, approximately $72 per square foot. This property was built in 1915. 40 N Oakley Ave Unit 42 is a home located in Franklin County with nearby schools including Highland Elementary School, Westmoor Middle School, and West High School.

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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