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497 E 2nd Ave, Columbus, OH, 43201

$159,900

Home List Price

$1,899*

Closing Credit

3 Bedrooms
1 Full Bath
1,260 SqFt
$127/SqFt
House

Location

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497 E 2nd Ave, Columbus$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Off Street
Year Built1920
BasementYes
FireplaceDecorative
MLS #224024823
Lot Size0.08 Acres
StatusActive

About 497 E 2nd Ave

Great value-add or redevelopment opportunity in the heart of Milo-Grogan, steps from Italian Village! This 3BD/1BA SFH has been rented consistently (most recently for $1050/mo + utilities) and is ready to be updated & rented at area market rates. Possible option to redevelop and build a new SFH on the site as recent new builds have closed as high as $884,000 (487 E 2nd Ave, just 2 parcels west). The property is located within the ''Ready for Opportunity'' Community Reinvestment Area, allowing a tax-abatement application to be submitted.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1920
  • Living Area: 1,260 SqFt

Listing Office:

  • Office Name: Lim Realty Group
  • Office Phone: (614) 456-7365
  • Listing Agent: Jonathan Lorenz

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: 2 Off Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900
  • Price Per SqFt: $127/SqFt

Tax Information:

  • Annual Amount: $858
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Columbus, OH.

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Columbus, OH

City

Med. List Price

$279.8K

Med. Price/SqFt

$188

Avg. Days On Market

679

# of Sold Homes

23

497 E 2nd Ave vs Columbus

2 DAYS ON ROCKET

-677 Days

$159,900

-$119.9K Less

$127/SqFt

-$61 Less

KEY TAKEAWAY

This property is $119.9K less than the Median List Price and $61/SqFt less than other homes in Columbus, OH.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Columbus and Central Ohio Regional MLS
  • MLS Number: #224024823

Listing Office:

  • Office Name: Lim Realty Group
  • Office Phone: (614) 456-7365
  • Listing Agent: Jonathan Lorenz

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 3:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 19, 2020Home Sold
$95,000
Sep 11, 2014Home Sold
$17,500
Aug 12, 2008Home Sold
$64,800
Apr 26, 2006Home Sold
$75,000
Jan 13, 2006Home Sold
$38,400
Jan 06, 2006Home Sold
$28,500
Aug 04, 2000Home Sold
$63,500
Oct 29, 1999Home Sold
$16,000
Sep 30, 1997Home Sold
$35,000
Apr 24, 1997Home Sold
$10,500

Tax History

YEARPROP. TAXASSESSMENT
2020$858$16,100
2019$870$14,000
2018$869$14,000
2017$1,761$28,315

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-29871
2
/10

  • Weinland Park Elementary School

  • 211 E 7th Ave

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-29872
4
/10

  • Hubbard Elementary School

  • 104 W Hubbard Ave

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-29873
2
/10

  • Trevitt Elementary School

  • 519 Trevitt St

  • 1.08 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,906. The majority of Columbus, OH residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 497 E 2nd Ave

What is the listing price of this property?

The listing price of 497 E 2nd Ave property is $159,900.

What type of property is this?

The property 497 E 2nd Ave is a house located in Columbus, Ohio, 43201.

Is this property for sale now?

Active Listing: 497 E 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $858 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 19, 2020 for $95,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 497 E 2nd Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 497 E 2nd Ave is 1,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 497 E 2nd Ave is 1920.

Rocket Homes›Ohio›Franklin County›Columbus›43201›497 E 2nd Ave

This home is located at 497 E 2nd Ave in Columbus, OH and zip code 43201 in the Milo-Grogan neighborhood. This 1,260 square foot home, which was built in 1920, sits on a 0.08 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $159,900.

The inventory of homes for sale in Columbus, OH between October 2024 and November 2024 decreased by 12.3%. The median list price of listings available in November 2024 was $279,882, while the average time on the real estate market was 679 days.

From Rocket Homes Real Estate and based on county public records data.

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