NOT LISTED FOR SALE

183 E Gates St Unit 5 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 October 01, 2020

Last sale price $425,000 $180 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,432/month

7 Days on Market

Highlights

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

About This Home

As of October 2020

Professional photos coming 8/26!! Amazing location in HOT Merion Village! Close to restaurants, shopping, and multiple parks! Fantastic Duplex w/off street parking. The 183 side has 2 Bed/ 1 Full Bath, RENOVATED Kitchen w/stainless steel appliances, all new flooring. The 185 side has 2 bedroom, loft/den, 1 Full, 1 Half Baths. Both have laundry in basement. NEW roof in 2020 for entire structure. 185 has tenant in place through May 2021. 183 side is owner occupied.

Last Agent to Sell the Property

Linda Wasil

Cutler Real Estate License #2015002252 Listed on: 08/21/2020

Cutler Real Estate

Last Buyer's Agent

Kelsey Jones

RealEstate Technology Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,109

Year Built

  • Built in 1919

Lot Details

  • 4,356

Home Design

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

Parking

  • 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

Listing and Financial Details

  • Assessor Parcel Number 010-027223

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,000
  • Gross Income $19,800
  • Net Operating Income $12,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,109

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1919
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 19800.0
  • Co List Office Phone: 614-339-4664
  • MLS Status: Closed
  • Subdivision Name: Merion Village/South German Village
  • Income Expenses Gross Income: 19800.0
  • Annual Expenses: 7000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2362.0
  • Miscellaneous Basement2: Yes
  • 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

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: 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
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12800.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 6109.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 23, 2020
Sold by
Reiser Paul W
Bought by
Sullivan Michael P and Sullivan Melissa
Seller's Agent
Linda Wasil
Cutler Real Estate
Buyer's Agent
Kelsey Jones
RealEstate Technology Partners
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
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.
Estimated Appreciation
$87,538
Avg. Annual Appreciation
6.43%
Original Mortgage
$336,000
Outstanding Balance
$301,708
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$269,621

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

Closed on
Sep 30, 2015
Sold by
Stefanidis George
Bought by
Liddy Ryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
10/01/2020 10/01/20 Sold $425,000 -5.6% $180 / Sq Ft
08/21/2020 08/21/20 For Sale $450,000 -- $191 / 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

  • Linda Wasil

    Seller's Agent in 2020

    Linda Wasil

    Cutler Real Estate

    (614) 783-7814

    1 in this area

    71 Total Sales

    Linda Wasil
    Section Image

  • K

    Buyer's Agent in 2020

    Kelsey Jones

    RealEstate Technology Partners

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220028813

Columbus and Central Ohio Regional MLS

APN: 010-027223

Ohio Franklin County Columbus 43206 Merion Village

183 E Gates St Unit 5, Columbus, OH

This home is located at 183 E Gates St Unit 5, Columbus, OH 43206 since 21 August 2020 and is currently estimated at $512,538, approximately $216 per square foot. This property was built in 1919. 183 E Gates St Unit 5 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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