NOT LISTED FOR SALE

183 E Gates St Unit 185 Columbus, OH 43206

Merion Village Neighborhood

Estimated Value: $419,000 - $619,000

4 Beds
2 Baths
2,362 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $264,900 $112 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,432/month

23 Days on Market

Highlights

  • Home Security System
  • Forced Air Heating and Cooling System
  • 4-minute walk to Moeller Park

About This Home

As of September 2015

Duplex Investment Property (2,362 Total SqFt) in Merion Village (German Village) at corner of Jaeger St and E Gates. Ideally located to restaurants, retail and Schiller Park with large fenced backyard and 3 to 4 parking spots. Unit 185 (Left) 2 beds, 1.5 baths (jacuzzi tub and separate shower), loft and full basement. Unit 183 (Right) 2 beds, 1 bath and full basement. Unit 185 leased MTM $1,100 (Seller indicates market rent potential $1,400). Unit 183 leased 1 year $975 (Seller indicated market rent potential $1,000). Landlord pays property taxes; Tenant pays all utilities. Refrigerator, Dishwasher, Gas Range and Washer/Dryer stay. Strong demand generators, rental market and location enhance this investment.

Last Agent to Sell the Property

Michael Casey

RE/MAX Connection License #410002 Listed on: 07/22/2015

RE/MAX Connection

Last Buyer's Agent

Michael Casey

RE/MAX Connection License #410002 Listed on: 07/22/2015

RE/MAX Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,382

Year Built

  • Built in 1919

Lot Details

  • 4,356

Home Design

  • 2,362 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Parking

  • 34 Parking Spaces
  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking: 1
  • Assigned Parking

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,356 Sq Ft Lot
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 010-027223

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,382

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1919
  • Tax Year: 2013
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Co List Office Phone: 614-478-2121
  • MLS Status: Closed
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2362.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Security System3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 34.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-027223
  • Lot Size Sq Ft: 4356.0
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3382.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2020
Sold by
Reiser Paul W
Bought by
Sullivan Michael P and Sullivan Melissa
Current Estimated Value
$512,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$301,708
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$231,337

Purchase Details

Closed on
Jun 14, 2019
Sold by
Liddy Ryan A
Bought by
Reiser Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 22, 2015
Closed on
Sep 30, 2015
Sold by
Stefanidis George
Bought by
Liddy Ryan A
Seller's Agent
Michael Casey
RE/MAX Connection
Buyer's Agent
Michael Casey
RE/MAX Connection
List Price
$265,000
Sold Price
$264,900
Premium/Discount to List
-$100
-0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$264,900
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
Apr 30, 2004
Sold by
Tidal Pool Llc
Bought by
Stefanidis George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1997
Sold by
Gribble Mary Iniz
Bought by
Lapolla Nicholas M and Lapolla Susan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.81%

Purchase Details

Closed on
Mar 10, 1993

Purchase Details

Closed on
Dec 23, 1992
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 Buyer Sale Price Title Company
Sullivan Michael P $425,000 Bright Star Land Title
Reiser Paul W $360,000 Amerititle Downtown
Liddy Ryan A $264,900 Amerititle
Stefanidis George $133,000 Quality Title Agency Inc
Lapolla Nicholas M $52,500 Title First Agency Inc
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Michael P $336,000
Previous Owner Reiser Paul W $336,000
Previous Owner Reiser Paul W $342,000
Previous Owner Liddy Ryan A $264,900
Previous Owner Stefanidis George M $80,000
Previous Owner Stefanidis George $25,000
Previous Owner Stefanidis George $216,000
Previous Owner Stefanidis George $45,000
Previous Owner Stefanidis George $130,000
Previous Owner Lapolla Nicholas M $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $264,900 0.0% $112 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $265,000 -- $112 / 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 $7,055 $155,550 $46,590 $108,960
2023 $6,966 $155,550 $46,590 $108,960
2022 $6,615 $126,000 $43,750 $82,250
2021 $6,627 $126,000 $43,750 $82,250
2020 $6,308 $119,770 $43,750 $76,020
2019 $6,109 $98,250 $43,750 $54,500
2018 $4,931 $98,250 $43,750 $54,500
2017 $6,410 $98,250 $43,750 $54,500
2016 $4,417 $60,840 $22,790 $38,050
2015 $3,763 $60,840 $22,790 $38,050
2014 $3,772 $60,840 $22,790 $38,050
2013 $1,741 $55,300 $20,720 $34,580
Source: Public Records

Agents Affiliated with this Home

  • Michael Casey

    Seller's Agent in 2015

    Michael Casey

    RE/MAX

    (614) 478-2121

    10 in this area

    737 Total Sales

    Michael Casey
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215023610

Columbus and Central Ohio Regional MLS

APN: 010-027223

Ohio Franklin County Columbus 43206 Merion Village

183 E Gates St Unit 185, Columbus, OH

This home is located at 183 E Gates St Unit 185, Columbus, OH 43206 since 22 July 2015 and is currently estimated at $512,538, approximately $216 per square foot. This property was built in 1919. 183 E Gates St Unit 185 is a home located in Franklin County with nearby schools including Siebert Elementary School, South High School, and South Columbus Preparatory Academy.

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