NOT LISTED FOR SALE

371 Chittenden Ave Unit 373 Columbus, OH 43201

Indianola Terrace Neighborhood

Estimated Value: $714,318

8 Beds
3 Baths
3,125 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $364,900 $117 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,469/month

39 Days on Market

About This Home

As of April 2017

Solid Investment!

Completely renovated beautiful hardwood floor, central A/C, 5 off street parking spaces, great location in the campus area. 4 bedrooms with a possibility of a fifth small bedroom, 2 full bathrooms, spacious dining and living room in each unit. Both units come with stove, oven, fridge, microwave, dishwasher, washer and dryer. 371 is rented for 1,750/month through 2017. 373 is rented for 2,000/month through 2018. There is a tax abatement on this property for the next ten years.

Last Agent to Sell the Property

Daniel Gniwisch

ME Real Estate Columbus, Inc. Listed on: 01/08/2017

Last Buyer's Agent

Sara Walsh

EXP Realty, LLC License #351251

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 3,125 Sq Ft Home
  • Duplex
  • Brick Exterior Construction

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-005661

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $45,000
  • Net Operating Income $40,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,823

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 45000.0
  • Co List Office Phone: 614-722-1000
  • MLS Status: Closed
  • Income Expenses Gross Income: 45000.0
  • Annual Expenses: 5000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3125.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-005661
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Monthly Rent (Other): 1875.0
  • Number Of Units Total: 2
  • Net Operating Income: 40000.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 1823.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2017
Closed on
Apr 7, 2017
Sold by
Med Osu Properties Llc
Bought by
Vasa Dhananjay
Seller's Agent
Daniel Gniwisch
ME Real Estate Columbus, Inc.
Buyer's Agent
Sara Walsh
EXP Realty, LLC
List Price
$375,000
Sold Price
$364,900
Premium/Discount to List
-$10,100
-2.69%
Current Estimated Value
$714,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,418
Avg. Annual Appreciation
8.46%
Original Mortgage
$352,125
Outstanding Balance
$301,378
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$412,940

Purchase Details

Closed on
Aug 4, 2014
Sold by
Earnest Endeavors Llc
Bought by
Med Osu Properties Llc

Purchase Details

Closed on
Mar 17, 2009
Sold by
S & T Financial Of Franklin County
Bought by
Earnest Endeavors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
7.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 3, 2008
Sold by
Household Realty Corporation
Bought by
S & T Financial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2008
Sold by
Lesure Robert C and Case #08Cve02 1834
Bought by
Household Realty Corp

Purchase Details

Closed on
Mar 29, 2002
Sold by
Creek Corp
Bought by
Lesure Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,151
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 1995
Sold by
Herban Mathew
Bought by
Raymond J Martino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
7.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Vasa Dhananjay $364,900 Stella Title Agency Inc
Med Osu Properties Llc $145,000 Williamson Title Box
Earnest Endeavors Llc $84,000 Great Ameri
S & T Financial $47,100 None Available
Household Realty Corp $60,000 None Available
Lesure Robert C $72,300 Title First Agency Inc
Raymond J Martino $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasa Dhananjay $100,762
Open Vasa Dhananjay $352,125
Previous Owner Earnest Endeavors Llc $160,800
Previous Owner S & T Financial Of Franklin County $78,000
Previous Owner Lesure Robert C $106,000
Previous Owner Lesure Robert C $71,151
Previous Owner Raymond J Martino $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2017 04/07/17 Sold $364,900 -2.7% $117 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $375,000 -- $120 / 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 $6,287 $166,950 $39,900 $127,050
2023 $6,242 $166,950 $39,900 $127,050
2022 $5,972 $146,860 $5,390 $141,470
2021 $6,139 $146,860 $5,390 $141,470
2020 $6,145 $146,860 $5,390 $141,470
2019 $6,073 $127,720 $4,690 $123,030
2018 $6,396 $127,720 $4,690 $123,030
2017 $2,407 $70,000 $4,690 $65,310
2016 $2,002 $52,260 $4,690 $47,570
2015 $3,142 $52,260 $4,690 $47,570
2014 $1,827 $29,470 $4,690 $24,780
2013 $901 $29,470 $4,690 $24,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217000595

Columbus and Central Ohio Regional MLS

APN: 010-005661