NOT LISTED FOR SALE

397 S Chase Ave Unit A & B Columbus, OH 43204

Westgate Neighborhood

Estimated Value: $231,000 - $296,185

4 Beds
2 Baths
2,020 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $161,000 $80 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,746/month

12 Days on Market

About This Home

As of March 2022

In receipt of multiple offers. Highest & best by 8:00 PM 2/22/2022. Great investment property, clean, well maintained and fully occupied, 2 bedroom units with basements., over 1000 sq. ft per unit. Tenants pay gas and electric, owner pays water, sewer & trash (city trash services). Unit A rents $625. a month, lease until Feb. 28, 2023. Unit B (upstairs) is on month to month, pays $600. a month. Leases automatically transfer to month to month after one year.. New flooring and fresh paint in Unit A as well as newer appliances, new flooring in entry. Glass block windows in basement, washer / dryer hook ups. (One set of washer & dryer included) Off street parking in back with privacy fencing. Section 8 approved! Furnaces new in 2016, Roof in 2014
PLEASE DO NOT DISTURB TENANTS
See A2A remark

Last Agent to Sell the Property

Susan Blaies

Howard Hanna Real Estate Svcs License #321976 Listed on: 02/19/2022

Howard Hanna Real Estate Svcs

Last Buyer's Agent

Blake Park

Reafco License #2020007667

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1948

Lot Details

  • 5,663

Home Design

  • 2,020 Sq Ft Home
  • Brick Exterior Construction

Parking

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-064160

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,746
  • Gross Income $14,700
  • Net Operating Income $10,954

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,586

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1948
  • Tax Year: 2021
  • Lot Size Acres: 0.13
  • Total Gross Income: 14700.0
  • Co List Office Phone: 614-875-7400
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 14700.0
  • Annual Expenses: 3746.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2020.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes
  • Construction:Aluminum: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-064160
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10954.0
  • Annual Operating Expense: 3746.0

Tax Info

  • Tax Annual Amount: 1586.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
Mar 9, 2022
Sold by
Richey Arthur W and Richey Martina E
Bought by
Smith Kathleen A and Smith James W
Seller's Agent
Susan Blaies
Howard Hanna Real Estate Svcs
Buyer's Agent
Blake Park
Reafco
List Price
$144,900
Sold Price
$161,000
Premium/Discount to List
$16,100
11.11%
Current Estimated Value
$259,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,046
Avg. Annual Appreciation
13.92%

Purchase Details

Closed on
Apr 2, 2019
Sold by
Mullen Yvonne E and Mullen Thomas J
Bought by
Richey Arthur W and Richey Martina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Mullen Thomas J
Bought by
Mullen Yvonne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2010
Sold by
The Bank Of New York Mellon
Bought by
Mullen Thomas J

Purchase Details

Closed on
Sep 2, 2010
Sold by
Hartgrove Raleigh and Case #08Cve 08 11033
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 7, 2006
Sold by
Spangler Connie S
Bought by
Hartgrove Raleigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2001
Sold by
Erwin William H and Estate Of Robert J Semons Iii
Bought by
Spangler Connie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.02%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Hanneman Regina B
Bought by
Semons Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,110
Interest Rate
6.89%

Purchase Details

Closed on
Jan 13, 1993
Bought by
Hanneman Regina B Afdt

Purchase Details

Closed on
Nov 6, 1989

Purchase Details

Closed on
Dec 1, 1983
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
Smith Kathleen A $161,000 First Ohio Title
Richey Arthur W $89,900 First Ohio Title Insurance
Mullen Yvonne E -- None Available
Mullen Thomas J $18,000 Attorney
The Bank Of New York Mellon $40,000 None Available
Hartgrove Raleigh $83,000 Vta Title A
Spangler Connie S $68,680 Warranty Title
Spangler Connie S $68,700 Warranty Title
Semons Robert J $57,900 Chicago Title
Hanneman Regina B Afdt -- --
-- -- --
-- $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richey Arthur W $67,425
Previous Owner Mullen Yvonne E $45,000
Previous Owner Hartgrove Raleigh $92,000
Previous Owner Hartgrove Raleigh $83,000
Previous Owner Spangler Connie S $72,000
Previous Owner Spangler Connie S $68,680
Previous Owner Semons Robert J $52,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $161,000 +11.1% $80 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $144,900 -- $72 / 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 $3,779 $82,460 $22,610 $59,850
2023 $3,732 $82,460 $22,610 $59,850
2022 $1,583 $29,790 $7,770 $22,020
2021 $1,586 $29,790 $7,770 $22,020
2020 $1,588 $29,790 $7,770 $22,020
2019 $1,944 $31,260 $6,480 $24,780
2018 $1,488 $31,260 $6,480 $24,780
2017 $1,943 $31,260 $6,480 $24,780
2016 $1,137 $16,730 $7,000 $9,730
2015 $1,035 $16,730 $7,000 $9,730
2014 $1,037 $16,730 $7,000 $9,730
2013 $512 $16,730 $7,000 $9,730
Source: Public Records

Agents Affiliated with this Home

  • Susan Blaies

    Seller's Agent in 2022

    Susan Blaies

    Howard Hanna Real Estate Svcs

    (614) 832-0147

    5 in this area

    138 Total Sales

    Susan Blaies
    Section Image

  • B

    Buyer's Agent in 2022

    Blake Park

    Reafco

    (614) 769-1555

    1 in this area

    66 Total Sales

    Blake Park
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222004741

Columbus and Central Ohio Regional MLS

APN: 010-064160

Ohio Franklin County Columbus 43204 Westgate

397 S Chase Ave Unit A & B, Columbus, OH

This home is located at 397 S Chase Ave Unit A & B, Columbus, OH 43204 since 19 February 2022 and is currently estimated at $259,046, approximately $128 per square foot. This property was built in 1948. 397 S Chase Ave Unit A & B is a home located in Franklin County with nearby schools including Westgate Alternative Elementary School, Westmoor Middle School, and West 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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