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Did You Know? Oakley Racetrack Edition

Something I tell my clients is that understanding a neighborhoods history will help us predict whether a home will appreciate or depreciate. One of the reasons why I’m enamored with history is that if we know where a neighborhood has been, we’re going to be able to predict where it is going Oakley is a great example of this. Oakley was originally known as Four Mile as it was a popular stop in the mid 19th century for wagon drives along the Madison Turnpike which is now Madison Road. The Oakley Race Course referred to as the ‘Gentleman’s Full Mile Racing Park’ was a one mile dirt oval track used for thoroughbred racing. It opened in 1889 and closed shortly after a new law that prohibited gambling in 1905. Located near Minot, Robertson, and Duck Creek, which is now where I-71 runs, the land was sold off to the Cincinnati Milling Machine Company which was known as “The Mill” and was more recently known as Cincinnati Milacron. Much of Oakley’s residential and retail development was built to accommodate the growing employment base at the mill. Rumor is that parts of the grandstand were used in construction of nearby homes. In 1913, Oakley was annexed to the City of Cincinnati and Aglamesis was founded the same year. Oakley has blossomed from its working class roots and the housing stock is great for first time home buyers who want traditional style homes which are easy to maintain while being in close proximity to nearby amenities and easy access to downtown. We just had the closing for our listing at 3814 Isabella Ave. and our clients loved living in Oakley. We know the buyers are going to love it too, so please let us know in the comments what you love about Oakley.

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