$369,900
SOLD FEB 28, 2020

397 Chittenden Ave Unit 399 Columbus, OH 43201

Indianola Terrace Neighborhood
-- Bed
-- Bath
3,125 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

2 Days on Market

About This Home

As of May 2021

Duplex near Ohio State University. Turn key rental completely renovated with updated windows, furnaces, plumbing, electric, bathrooms, kitchens, central air, back parking pad (concrete). SS appliances including range, refrigerator, dishwasher. Washer/Dryer included on both sides. 397 side: 4 beds, 1.5 baths 399 side: 4 beds, 1 full bath, 2 half baths. Currently rented at $1,550/side (includes water). Tenants pay electric and gas. Leased for next year 2020-2021 School Year at $1,600/side (includes water).

Last Agent to Sell the Property

Jonathan Schick

Best Homes Real Estate Ltd. License #2019007086 Listed on: 01/21/2020

Last Buyer's Agent

Patrick Florence

Keller Williams Capital Ptnrs License #440204

Keller Williams Capital Ptnrs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Home Design

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

Parking

  • 8 Parking Spaces
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-008357-00

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,300
  • Gross Income $37,200
  • Net Operating Income $27,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,024

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 37200.0
  • Co List Office Phone: 614-636-2560
  • MLS Status: Closed
  • Subdivision Name: OSU Campus
  • Income Expenses Gross Income: 37200.0
  • Annual Expenses: 9300.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3125.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: 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: 8.0
  • 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: 010-008357-00
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Monthly Rent (Other): 1550.0
  • Number Of Units Total: 2
  • Net Operating Income: 27900.0
  • Annual Operating Expense: 9300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 29, 2021
Sold by
Mo Albert
Bought by
Xie Junxia and Ma Jianjie
Seller's Agent
Sue Lusk-Gleich
Keller Williams Capital Ptnrs
Buyer's Agent
JoAnne Schorsten
KW Classic Properties Realty
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$493,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,098
Avg. Annual Appreciation
8.58%
Original Mortgage
$307,500
Outstanding Balance
$283,229
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$296,132

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 28, 2020
Sold by
397 Chittenden Llc
Bought by
Mo Albert
Seller's Agent
Jonathan Schick
Best Homes Real Estate Ltd.
Buyer's Agent
Patrick Florence
Keller Williams Capital Ptnrs
List Price
$369,000
Sold Price
$369,900
Premium/Discount to List
$900
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$277,425
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2017
Closed on
Oct 17, 2017
Sold by
Unversity District Properties Llc
Bought by
397 Chittenden Llc
Seller's Agent
Alexander Medvec
MoveDowntownColumbus.com
Buyer's Agent
Kristie Ramsey
Howard Hanna RealCom Realty
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$483,750
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 1, 2017
Sold by
Unversity District Properties Llc
Bought by
397 Chittenden Llc
Seller's Agent
Alexander Medvec
MoveDowntownColumbus.com
Buyer's Agent
Kristie Ramsey
Howard Hanna RealCom Realty
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2010
Sold by
Citimortgage Inc
Bought by
South Campus Properties Llc

Purchase Details

Closed on
Aug 10, 2010
Sold by
Mcfadden Debra and Case #08Cve6 8137
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Vance Ricardo
Bought by
Mcfadden Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2006
Sold by
Hanas Justin A
Bought by
Vance Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
9.16%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 10, 2004
Sold by
Reicon Corp
Bought by
Hanas Justin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1986
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 Type Sale Price Title Company
Survivorship Deed $410,000 Northwest Select Ttl Agcy Ll
Warranty Deed $369,900 Amerititle
Warranty Deed -- None Available
Warranty Deed -- None Available
Special Warranty Deed $66,900 Accutitle Agency Inc
Sheriffs Deed $56,000 None Available
Warranty Deed $175,000 Signature
Warranty Deed $165,000 Signature
Corporate Deed $85,000 Landsel Title Agency Inc
Deed $57,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Closed $277,425 New Conventional
Previous Owner $483,750 Commercial
Previous Owner $115,300 New Conventional
Previous Owner $112,000 Future Advance Clause Open End Mortgage
Previous Owner $37,500 Unknown
Previous Owner $175,000 Purchase Money Mortgage
Previous Owner $128,500 Balloon
Previous Owner $20,000 Stand Alone Second
Previous Owner $103,500 Unknown
Previous Owner $68,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $410,000 -3.5% $131 / Sq Ft
03/09/2021 03/09/21 For Sale $425,000 +14.9% $136 / Sq Ft
02/28/2020 02/28/20 Sold $369,900 +0.2% $118 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $369,000 +15.3% $118 / Sq Ft
08/31/2017 08/31/17 Sold $320,000 +1.6% $102 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $315,000 -- $101 / 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 $5,024 $109,630 $28,320 $81,310
2023 $4,505 $96,220 $28,320 $67,900
2022 $5,284 $96,610 $4,280 $92,330
2021 $5,143 $96,610 $4,280 $92,330
2020 $5,151 $96,610 $4,280 $92,330
2019 $5,223 $84,000 $3,710 $80,290
2018 $3,463 $84,000 $3,710 $80,290
2017 $5,222 $84,000 $3,710 $80,290
2016 $3,424 $50,400 $3,710 $46,690
2015 $1,313 $50,400 $3,710 $46,690
2014 $3,125 $50,400 $3,710 $46,690
2013 $1,656 $50,400 $3,710 $46,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220001839

Columbus and Central Ohio Regional MLS

APN: 010-008357