NOT LISTED FOR SALE

386 Alden Ave Columbus, OH 43201

Old North Columbus Neighborhood

Estimated Value: $500,744 - $560,000

6 Beds
2 Baths
2,436 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $333,000 $137 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,415/month

37 Days on Market

About This Home

As of December 2016

Solid brick 3-4 bedroom, 2 units, leased at $1,350 & $1,440 per side. Very good mechanical and structural condition. First floor has living room, dining room and kitchen with appliances. 2nd floor has 2 bedrooms, 1 bath and a den. Finished 3rd floor has a huge bedroom. This building has been well maintained and has been fully leased for years. Seller reserves the right to use this sale as part of a 1036 Tax Deferred Exchange at no additional cost to the buyer.

Last Agent to Sell the Property

Joseph C Jackson

Keller Williams Capital Ptnrs License #2014000204 Listed on: 10/24/2016

Keller Williams Capital Ptnrs

Last Buyer's Agent

Jill Lightfoot

e-Merge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,436 Sq Ft Home
  • Fireplace
  • Basement

Parking

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

Utilities

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

Listing and Financial Details

  • The owner pays for electricity
  • Assessor Parcel Number 010-025050

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $715
  • Operating Expense $7,700
  • Gross Income $33,480
  • Net Operating Income $25,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,957

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2015
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 33480.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Income Expenses Gross Income: 33480.0
  • Annual Expenses: 7700.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2436.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Owner Pays Electric5: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • 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
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-025050
  • Lot Size Sq Ft: 5227.2
  • Zoning Description: R2F

Rental Info

  • Owner Pays: Electricity

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 715.0
  • Net Operating Income: 25780.0
  • Annual Operating Expense: 7700.0

Tax Info

  • Tax Annual Amount: 3957.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2021
Sold by
Osu Properties By A & R Llc
Bought by
Mbk Investments Iii Llc
Current Estimated Value
$524,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,300
Outstanding Balance
$283,440
Interest Rate
2.96%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$247,302

Purchase Details

Listed on
Oct 24, 2016
Closed on
Feb 10, 2017
Sold by
Potts Angela M and Potts Richard D
Bought by
A & R Llc
Seller's Agent
Joseph C Jackson
Keller Williams Capital Ptnrs
Buyer's Agent
Jill Lightfoot
e-Merge Real Estate
List Price
$335,000
Sold Price
$333,000
Premium/Discount to List
-$2,000
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$249,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 14, 2016
Sold by
Riemenschneider Thomas A and Riemenschneider Linda K
Bought by
Potts Angela M and Potts Ii Richard D
Seller's Agent
Joseph C Jackson
Keller Williams Capital Ptnrs
Buyer's Agent
Jill Lightfoot
e-Merge Real Estate
List Price
$335,000
Sold Price
$333,000
Premium/Discount to List
-$2,000
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1992
Bought by
Riemenschneider Thomas A

Purchase Details

Closed on
Feb 23, 1990

Purchase Details

Closed on
Jan 1, 1987
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mbk Investments Iii Llc $465,000 Northwest Advantage Ttl Agcy
A & R Llc -- Great American Title
Potts Angela M $333,000 None Available
Riemenschneider Thomas A $26,600 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbk Investments Iii Llc $321,300
Previous Owner Potts Angela M $249,750
Previous Owner Riemenschneider Thomas A $100,000
Previous Owner Riemenschneider Thomas A $800,000
Previous Owner Riemenschneider Thomas A $265,000
Previous Owner Riemenschneider Thomas A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $333,000 -0.6% $137 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $335,000 -- $138 / 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 $6,750 $147,280 $35,630 $111,650
2023 $6,665 $147,280 $35,630 $111,650
2022 $7,254 $136,500 $21,350 $115,150
2021 $7,267 $136,500 $21,350 $115,150
2020 $7,278 $136,500 $21,350 $115,150
2019 $7,247 $116,550 $17,080 $99,470
2018 $6,771 $116,550 $17,080 $99,470
2017 $4,896 $78,750 $17,080 $61,670
2016 $4,347 $63,980 $7,840 $56,140
2015 $3,957 $63,980 $7,840 $56,140
2014 $3,967 $63,980 $7,840 $56,140
2013 $1,779 $58,170 $7,140 $51,030
Source: Public Records

Agents Affiliated with this Home

  • Joseph C Jackson

    Seller's Agent in 2016

    Joseph C Jackson

    Keller Williams Capital Ptnrs

    (614) 888-1000

    15 in this area

    190 Total Sales

    Joseph C Jackson
    Section Image

  • J

    Buyer's Agent in 2016

    Jill Lightfoot

    E-Merge

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216038438

Columbus and Central Ohio Regional MLS

APN: 010-025050

Ohio Franklin County Columbus 43201 Old North Columbus

386 Alden Ave, Columbus, OH

This home is located at 386 Alden Ave, Columbus, OH 43201 since 24 October 2016 and is currently estimated at $524,436, approximately $215 per square foot. This property was built in 1900. 386 Alden Ave is a home located in Franklin County with nearby schools including Weinland Park Elementary School, Dominion Middle School, and Whetstone High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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