Zip Code
168 E College Ave, Westerville, OH 43081
3 beds · 1 bath · 1,258 sq ft · Lot: 10,319 sq ft · Single Family Home · Last Sold: $93.5K in 1994 · Built: 1920
Est. Value:
$299K
Est. Rent:
$1.6K/month

168 E College Ave Westerville, OH 43081

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3 beds · 1 bath · 1,258 sq ft · Lot Size: 10,319 sq ft · Single Family Home
Est. Property Value: $299,071

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168 E College Ave is in the 43081 neighborhood of Westerville, OH. It is located in Franklin County and ZIP code 43081. This Single Family Home was built in 1920 and is approximately 105 years old. The single family home spans 1258 sq ft with 3 bedrooms and 1 bathroom and sits on a 10319 sq ft lot. According to public records, it was last sold in 1994 for $93,500 and has a tax-assessed value of $292,400, which is $238 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 168 E College Ave Westerville, OH 43081 with Property Intel by Whitepages.

Investment Potential for 168 E College Ave

The property has a current estimated value of $299,071, which is 10% below the zip median, based on public records. It last sold on August 09, 1994 for $93.5K. Projected long-term
is $19,200 annually ($1,600 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 43081.

Long-Term

Gross Rental
$19,200 per year($1,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 43081 zip code
 
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Owners & Occupancy for 168 E College Ave

This property is owned by Gregory P Rietema. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

OccupationMachinist Production Engineering, American Showa
Cell Phone(614) ***-****View Cell Phone
Residence***************
Landline(614) 882-4019
Distance from Property**********
Email Address********@aol.comView Email

Property Ownership Information

Purchase DateAugust 09, 1994
Property Tax Amount$5,183 in 2023
Purchase Price$93,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************* age 28
Resident 2******************** age 44
Resident 3***************** age 78

Property Details for 168 E College Ave

Property Details

Property Sq Ft

Living Area

1,258 sq ft

20% below market

Lot Size

10,319 sq ft

11% above market

Price Per Sq Ft

Living Area

$238 / sq ft

14% above market

Lot Size Area

$29 / sq ft

17% below market

Property condition, age, exterior, etc. for 168 E Coll…
Longitude: -82.92562 Latitude: 40.126522 Parcel Number (APN): 080-000072…
Mortgage originated on through lender: Colony Mtg for$******View Mortgage Details
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Recommended Properties in 43081

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Market Benchmarks

Compare data for 168 E College Ave in Franklin County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$299,071
$205,444
$93,626 (46%)
$313,711
$97,487 (31%)
YoY Price Change
3.15%
195%
Year Built
1920
1962
-42 years
Living Space
1,258 sq ft
1,501 sq ft
-243 (-16%)
$ Per Living Sq Ft
$238
$142
$95 (67%)
Lot Size
10,319 sq ft
11,282 sq ft
-963 (-9%)
$ Per Lot Sq Ft
$29
$20
$9 (45%)

Net Operating Income
$15,509
-$6,231 (-40%)
Annual Revenue
$19,200
$22,800
-$3,600 (-16%)
$6,729
$3,193 (47%)
Net Operating Income
$15,509
-$6,231 (-40%)
Cap Rate
7.22%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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