Zip Code
224 Matthew Ave, Westerville, OH 43081
3 beds · 1 bath · 1,208 sq ft · Lot: 10,001 sq ft · Single Family Home · Last Sold: $305K in 2023 · Built: 1974
Est. Value:
$276K
Est. Rent:
$1.9K/month

224 Matthew Ave Westerville, OH 43081

3 beds · 1 bath · 1,208 sq ft · Lot Size: 10,001 sq ft · Single Family Home
Est. Property Value: $275,510

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageOwned for Less Than 5 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

224 Matthew 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 1974 and is approximately 51 years old. The single family home spans 1208 sq ft with 3 bedrooms and 1 bathroom and sits on a 10001 sq ft lot. According to public records, it was last sold in 2023 for $305,000 and has a tax-assessed value of $308,500, which is $228 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 224 Matthew Ave Westerville, OH 43081 with Property Intel by Whitepages.

Investment Potential for 224 Matthew Ave

The property has a current estimated value of $275,510, which is 17% below the zip median, based on public records. It last sold on November 17, 2023 for $305K. Projected long-term
is $22,200 annually ($1,850 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 43081.
See Recommended Properties

Long-Term

Gross Rental
$22,200 per year($1,850 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
94%in 43081 zip code
 
View Rental Potential

Owners & Occupancy for 224 Matthew Ave

No contact information is available.

Occupancy

Resident 1************** age 34
Resident 2****************** age 87
Resident 3************** age 34
Resident 4************** age 81

Property Details for 224 Matthew Ave

Property Details

Property Sq Ft

Living Area

1,208 sq ft

23% below market

Lot Size

10,001 sq ft

8% above market

Price Per Sq Ft

Living Area

$228 / sq ft

9% above market

Lot Size Area

$28 / sq ft

22% below market

Property condition, age, exterior, etc. for 224 Matthe…
Longitude: -82.911051 Latitude: 40.128522 Parcel Number (APN): 080-005277…
Mortgage originated on through lender: Union Svgs Bk for$******View Mortgage Details
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Recommended Properties in 43081

Discover more single family homes near 224 Matthew Ave in Westerville, Ohio. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

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    4 beds · 2 baths · 2,056 sq ft · Last Sold: $180,000 in 1997 · Built: 1986

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    48 Mariemont Dr N, Westerville, OH 43081

    3 beds · 2 baths · 984 sq ft · Built: 1956

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    152 Murnane St, Westerville, OH 43081

    3 beds · 1 baths · 2,128 sq ft · Last Sold: $86,800 in 1991 · Built: 1973

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    6006 E Walnut St, Westerville, OH 43081

    4 beds · 2 baths · 1,404 sq ft · Last Sold: $86,400 in 1992 · Built: 1968

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    995 Swanton Ct, Westerville, OH 43081

    3 beds · 1 baths · 1,452 sq ft · Last Sold: $219,900 in 2020 · Built: 1980

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    260 Cross Country Dr S # B, Westerville, OH 43081

    3 beds · 2 baths · 1,100 sq ft · Last Sold: $950,000 in 2021 · Built: 1984

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    521 Cherrington Ct, Westerville, OH 43081

    3 beds · 1 baths · 1,476 sq ft · Last Sold: $370,000 in 2024 · Built: 1967

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    79 N Spring Rd, Westerville, OH 43081

    4 beds · 2 baths · 1,760 sq ft · Built: 1964

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    Est. Value

    54 W Park St Apt A, Westerville, OH 43081

    2 beds · 1 baths · 986 sq ft · Last Sold: $360,000 in 2023 · Built: 1964

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    Est. Value

    116 Buckeye St, Westerville, OH 43081

    4 beds · 2 baths · 2,076 sq ft · Last Sold: $179,000 in 2009 · Built: 1972

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    Est. Value

    901 Lakeland Dr, Westerville, OH 43081

    3 beds · 2 baths · 1,629 sq ft · Last Sold: $255,300 in 2019 · Built: 1999

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    Est. Value

    475 Michael Ave, Westerville, OH 43081

    4 beds · 2 baths · 1,896 sq ft · Last Sold: $117,000 in 1992 · Built: 1977

  • $230K - $260K

    Est. Value

    698 Andrew Ave, Westerville, OH 43081

    3 beds · 1 baths · 944 sq ft · Last Sold: $147,000 in 2017 · Built: 1970

  • $371K - $405K

    Est. Value

    674 Berkeley Pl N, Westerville, OH 43081

    4 beds · 2 baths · 2,018 sq ft · Last Sold: $117,500 in 1990 · Built: 1969

  • $413K - $443K

    Est. Value

    1023 Autumn Woods Dr, Westerville, OH 43081

    4 beds · 2 baths · 2,078 sq ft · Last Sold: $462,500 in 2022 · Built: 1975

  • $487K - $523K

    Est. Value

    1184 Laurel Dr, Westerville, OH 43081

    4 beds · 3 baths · 3,078 sq ft · Last Sold: $310,000 in 2018 · Built: 1983

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    Est. Value

    260 Cheyenne Dr, Westerville, OH 43081

    3 beds · 1 baths · 1,208 sq ft · Last Sold: $153,500 in 2009 · Built: 1957

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    Est. Value

    719 Pointview Dr, Westerville, OH 43081

    3 beds · 1 baths · 1,009 sq ft · Last Sold: $89,600 in 2001 · Built: 1972

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    Est. Value

    473 Oneida Ave, Westerville, OH 43081

    3 beds · 3 baths · 1,562 sq ft · Last Sold: $149,200 in 2000 · Built: 1959

  • $458K - $495K

    Est. Value

    269 Castile Ln, Westerville, OH 43081

    4 beds · 2 baths · 2,756 sq ft · Built: 1986

Market Benchmarks

Compare data for 224 Matthew Ave in Franklin County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$275,510
$205,444
$70,066 (34%)
$******
$313,711
$65,094 (21%)
YoY Price Change
****%
3.15%
-75%
Year Built
1974
1962
12 years
Living Space
1,208 sq ft
1,501 sq ft
-293 (-20%)
$ Per Living Sq Ft
$228
$142
$86 (60%)
Lot Size
10,001 sq ft
11,282 sq ft
-1281 (-11%)
$ Per Lot Sq Ft
$28
$20
$8 (38%)

Net Operating Income
$*****
$15,509
-$3,780 (-24%)
Annual Revenue
$22,200
$22,800
-$600 (-3%)
$*****
$6,729
$3,742 (56%)
Net Operating Income
$*****
$15,509
-$3,780 (-24%)
Cap Rate
****%
7.22%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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