See Home Value
$444,711*
Land - Off Market

824 Oak Street

Columbus, OH 43205
bedrooms
Studio
bathrooms
0 Bath
$383,000 - $467,000
Reference Base Price*
4.64%
Since Nov 1, 2022
National-US
Primary Model
Sold Oct 13, 2022
$385,000
$308,000 by The Vinton County National Ban
Mortgage Due Dec 03, 2043
Sold Dec 04, 2019
$415,000

About This Property

Attention Developers! This is a rare value-added investment opportunity to take the ball and run with it. Seller has already applied for and received approval from the City of Columbus and the Near East Side Plan, combining the two lots and approving two 3-unit buildings onto the one lot. Architectural drawings are available when in contract.  Already zoned ARLD as a multi-family, this site may benefit from federal and state tax credits.  Located in an OPPORTUNITY ZONE which offers tax benefits to investors, it's in a burgeoning walkable community, diverse and up and coming.  The preliminary work completed by the seller, brings tremendous value to a project, including architectural plans and legal work for variances, certifications and zoning.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$524
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Oct 13, 2022 Sold $385,000
Sold
Oct 12, 2022 No longer available -
No longer available
Sep 13, 2022 In contract -
In contract
Sep 5, 2022 Price Decreased $425,000
↓ $25K (5.6%)
Price Decreased
Sep 1, 2022 Price Decreased $450,000
↓ $45K (9.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Building Quality: B
  • Building Style: Multifamily
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,249
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 350
  • Total Building Area: 2,472
  • Gross Building Area: 2,472
  • Building Area: 2,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,472
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAMUEL BARTLITS AMD ADD
  • Land Acres: 0.121
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • State Land Use Code: Business personal property general
  • Legal Description 1: 824 OAK ST S BARTLETT PT LOTS 40-41

Ownership

  • Current Owner : GOLDEIRO LLC
  • Previous Owner : SHIN-1 INVESTMENT LLC
  • Owner Before Previous Owner: LENSKERS OTE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 11, 2024

Neighborhood

  • School District Name: Columbus City School District
  • School Tax School District: COLUMBUS CSD
  • Census Tract: 003800

Geography

  • Assessors Map Reference: 010I002 02500
  • Parcel: 010-002707
  • Lot: 40-41
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9633
  • Longitude: -82.9784

    Address

  • Full Address: 824 Oak St
  • Address - House Number: 824
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: OH
  • City Name: Columbus
  • Carrier Code: C001
  • 4-Digit Zip Code: 1113
  • Zip Code: 43205

Valuation

    Tax

  • Total Area: 868
  • Tax Year: 2022
  • Tax Amount: $6,278
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.4774
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 4
  • Final Value: 371,628
  • High Value: 549,077
  • Low Value: 194,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: THE VINTON COUNTY NATIONAL BAN
  • First Open Lien Mortgage Recording Date: Mar 06, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $308,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Dec 03, 2043

    Market Valuation

  • Market Total Value: $337,500
  • Market Land Value: $17,500
  • Market Improvement Value: $320,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,130
  • Assessed Land Value: $6,130
  • Assessed Improvements Value: $112,000

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Oct 13, 2022
  • Current Sale Transaction ID: 11897234457
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 144461
  • Previous Sale Recording Date: Dec 04, 2019
  • Previous Sale Contract Date: Nov 11, 2019
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VINTON COUNTY NATIONAL BANK
  • First Mortgage Transaction Date: Oct 13, 2022
  • First Mortgage Loan Amount: $328,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Apr 11, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
2 Baths
-
$385,000 Sep 2, 2008
$385,000 Oct 22, 2008
$428/mo
Multifamily
Stu
-
2,340 ft²
$188/ft²
$439,900 Feb 28, 2023
-
$131/mo
Multifamily
Stu
-
2,865 ft²
$166/ft²
$474,900 Feb 26, 2023
-
$97/mo
Multifamily
Stu
-
2,182 ft²
$225/ft²
$489,900 Feb 10, 2023
-
$80/mo
Multifamily
Stu
-
4,010 ft²
$124/ft²
$499,000 Feb 16, 2023
-
$154/mo
House
6 Beds
3 Baths
3,236 ft²
$131/ft²
$425,000 May 26, 2022
-
$377/mo
House
4 Beds
3 Baths
1,793 ft²
$234/ft²
$419,500 Feb 24, 2023
-
$108/mo
Condo
4 Beds
2.5 Baths
2,055 ft²
$214/ft²
$440,000 Jan 2, 2023
-
$372/mo
Condo
2 Beds
2 Baths
1,504 ft²
$264/ft²
$397,000 Jan 16, 2023
-
$521/mo
House
3 Beds
2.5 Baths
1,816 ft²
$262/ft²
$475,000 Feb 14, 2023
-
$6/mo
House
3 Beds
2.5 Baths
1,739 ft²
$273/ft²
$474,900 Feb 2, 2023
-
$13/mo
House
3 Beds
2.5 Baths
1,616 ft²
$228/ft²
$369,000 Jan 29, 2023
-
$34/mo

About Olde Town East


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Frequently Asked Questions

When was property at 824 Oak Street built and last sold?
The property at 824 Oak Street was built in 1900 and last sold on Sep 22, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 824 Oak Street is $429,250.
What are some comparable homes to 824 Oak Street?
There are currently no comparable homes to 824 Oak Street.

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