$320,000
SOLD AUG 31, 2017

397 Chittenden Ave Unit 399 Columbus, OH 43201

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

Recently Sold

$102 Per Sq Ft

2% Above List Price

4 Days on Market

About This Home

As of May 2021

397-399 Chitt-Turn Key- 4/bed unit property remodeled in 2011. Updated windows, furnaces, plumbing, electric, bathrooms, kitchens, central AC, concrete parking pad. Stainless steel appliances- range, dishwasher, refrigerator. washer/dryer. security system. rented through july 2018 @ 9% cap rate -$35,520 gross. owner will handle turnover and new tenant move-in- clean, paint, updates (new carpeting, ect) by August 15th. Curb offers only. Do not disturb tenants. Value add in rents- should be $35-$65/bedroom higher= 2-4% higher cap for 2018-2019.

Last Agent to Sell the Property

Alexander Medvec

MoveDowntownColumbus.com Listed on: 07/21/2017

Last Buyer's Agent

Kristie Ramsey

Howard Hanna RealCom Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,424

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 3,125 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 8 Parking Spaces
  • Common or Shared Parking
  • Off-Street Parking: 1

Listing and Financial Details

  • Assessor Parcel Number 010-008357

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,187
  • Gross Income $35,520
  • Net Operating Income $30,331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,424

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 35520.0
  • Co List Office Phone: 614-859-2728
  • MLS Status: Closed
  • Income Expenses Gross Income: 35520.0
  • Annual Expenses: 5187.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3125.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: 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

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Common: Yes

Utilities

  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-008357
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Multifamily

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 30331.0
  • Annual Operating Expense: 5187.0

Tax Info

  • Tax Annual Amount: 3424.0

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
8.60%
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

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Range of Values:

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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

  • Sue Lusk-Gleich

    Seller's Agent in 2021

    Sue Lusk-Gleich

    Keller Williams Capital Ptnrs

    (614) 419-3100

    1 in this area

    267 Total Sales

    Sue Lusk-Gleich
    Section Image
  • Patrick Florence

    Seller Co-Listing Agent in 2021

    Patrick Florence

    Keller Williams Capital Ptnrs

    (614) 204-8084

    1 in this area

    51 Total Sales

    Patrick Florence
    Section Image
  • JoAnne Schorsten

    Buyer's Agent in 2021

    JoAnne Schorsten

    KW Classic Properties Realty

    (614) 792-1199

    1 in this area

    59 Total Sales

    JoAnne Schorsten
    Section Image
  • Jonathan Schick

    Seller's Agent in 2020

    Jonathan Schick

    Best Homes Real Estate Ltd.

    (614) 406-8865

    1 in this area

    11 Total Sales

    Jonathan Schick
    Section Image

  • A

    Seller's Agent in 2017

    Alexander Medvec

    MoveDowntownColumbus.com

  • K

    Buyer's Agent in 2017

    Kristie Ramsey

    Howard Hanna RealCom Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217026600

Columbus and Central Ohio Regional MLS

APN: 010-008357

Ohio Franklin County Columbus 43201 Indianola Terrace

397 Chittenden Ave Unit 399, Columbus, OH

This home is located at 397 Chittenden Ave Unit 399, Columbus, OH 43201 and is currently priced at $320,000, approximately $102 per square foot. This property was built in 1910. 397 Chittenden Ave Unit 399 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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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