NOT LISTED FOR SALE

478 E Gates St Unit 478-480 Columbus, OH 43206

Karns Park Neighborhood

Estimated Value: $263,000 - $393,000

6 Beds
2 Baths
2,240 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $140,650 $63 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,482/month

About This Home

As of October 2019

This home is located at 478 E Gates St Unit 478-480, Columbus, OH 43206 since 30 August 2019 and is currently estimated at $347,886, approximately $155 per square foot. This property was built in 1900. 478 E Gates St Unit 478-480 is a home located in Franklin County with nearby schools including Lincoln Park Elementary School, South High School, and South Columbus Preparatory Academy.

Last Agent to Sell the Property

Carie Igel

Cutler Real Estate License #2006007330 Listed on: 08/30/2019

Last Buyer's Agent

Jeremy Ambrose

Red 1 Realty License #2014002269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • Garage

Home Design

  • 2,240 Sq Ft Home
  • Duplex

Utilities

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

Additional Features

  • Basement

Community Details

  • 2 Units
  • Gross Income $30,000

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 010-054141

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,471

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 30000.0
  • Co List Office Phone: 888-455-6040
  • MLS Status: Closed
  • Subdivision Name: Merion Village area
  • Income Expenses Gross Income: 30000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2240.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Addl Acceptance Cond Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-054141
  • Lot Size Sq Ft: 3920.4

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1471.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Ambrose Jeremy and Ambrose Tara
Bought by
Equity Brothers Llc
Current Estimated Value
$347,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 1, 2019
Sold by
Lewis Gregg R and Estate Of Sherry R Sokol
Bought by
Equity Brothers Llc
Seller's Agent
Carie Igel
Cutler Real Estate
Buyer's Agent
Jeremy Ambrose
Red 1 Realty
List Price
$145,000
Sold Price
$140,650
Premium/Discount to List
-$4,350
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%

Purchase Details

Closed on
Dec 20, 2018
Sold by
Mcgee William D
Bought by
Sokol Sherru R

Purchase Details

Closed on
Apr 17, 2008
Sold by
Terrace Property Group Llc
Bought by
Sokol Sherry Robyne and Mcgee William D

Purchase Details

Closed on
Jan 1, 2005
Sold by
Waterman Charles H and London Emily Alise
Bought by
Terrace Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2004
Sold by
Stamm Pauline A and Lingo William E
Bought by
Waterman C H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1994
Sold by
Paxton Frank T
Bought by
Petrosky Gerold J

Purchase Details

Closed on
Apr 4, 1994
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
Equity Brothers Llc -- Bridge T&E Svcs Llc
Ambrose Jeremy -- Bridge T&E Svcs Llc
Equity Brothers Llc $145,000 Bridge Title Box
Sokol Sherru R -- None Available
Sokol Sherry Robyne $44,900 Chicago Tit
Terrace Property Group Llc -- --
Waterman C H $98,000 Chelsea Tit
Petrosky Gerold J $250 --
-- $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambrose Jeremy $150,000
Previous Owner Waterman C H $78,400
Closed Waterman C H $14,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2019 10/01/19 Sold $140,650 -3.0% $63 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $145,000 -- $65 / 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 $6,721 $98,180 $20,300 $77,880
2023 $4,443 $98,175 $20,300 $77,875
2022 $2,595 $48,830 $4,520 $44,310
2021 $2,600 $48,830 $4,520 $44,310
2020 $1,516 $28,430 $4,520 $23,910
2019 $1,474 $23,700 $3,780 $19,920
2018 $1,482 $23,700 $3,780 $19,920
2017 $1,473 $23,700 $3,780 $19,920
2016 $1,639 $24,120 $3,360 $20,760
2015 $1,492 $24,120 $3,360 $20,760
2014 $1,496 $24,120 $3,360 $20,760
2013 $776 $25,375 $3,535 $21,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219032822

Columbus and Central Ohio Regional MLS

APN: 010-054141