$17,500
SOLD JAN 14, 2015

488 E Gates St Columbus, OH 43206

Karns Park Neighborhood
-- Bed
-- Bath
1,656 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$11 Per Sq Ft

41% Below List Price

339 Days on Market

About This Home

As of December 2022

Each unit has private entrance. Shared basement. Good income. Give 24 hour notice.

Last Agent to Sell the Property

Anthony Milano

Preferred Properties Real Estate Services Listed on: 02/04/2014

Last Buyer's Agent

Anthony Milano

Preferred Properties Real Estate Services Listed on: 02/04/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1915

Home Design

  • Duplex
  • Frame Construction

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-045286

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $400
  • Net Operating Income $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,808

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1915
  • Property Sub-Type: Duplex
  • Total Gross Income: 400.0
  • Co List Office Phone: 614-579-9798
  • MLS Status: Closed
  • Income Expenses Gross Income: 400.0
  • Miscellaneous Basement2: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-045286
  • Zoning Description: RES

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 14, 2022
Sold by
Green Jaida R
Bought by
Weinberg Andrew J
Seller's Agent
Sam Cooper
Howard Hanna Real Estate Svcs
Buyer's Agent
Lory Kim
RE/MAX Connection
List Price
$295,000
Sold Price
$295,000
Views
11
Current Estimated Value
$341,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,057
Avg. Annual Appreciation
5.88%
Original Mortgage
$236,000
Outstanding Balance
$211,496
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$129,561

Purchase Details

Listed on
Sep 13, 2019
Closed on
Oct 24, 2019
Sold by
Silver Homes Llc
Bought by
Green Jaida R and Green Christian D
Seller's Agent
Brian Throckmorton
Real Estate Opportunity
Buyer's Agent
Sam Cooper
Howard Hanna Real Estate Svcs
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$202,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2017
Closed on
Jun 20, 2017
Sold by
Jackson Jones Llc
Bought by
Silver Homes Llc
Seller's Agent
Kimberly Hamrick
Howard Hanna Real Estate Svcs
Buyer's Agent
Jamie Maze
Fiv Realty Co Ohio LLC
List Price
$59,000
Sold Price
$44,000
Premium/Discount to List
-$15,000
-25.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.06%

Purchase Details

Listed on
Feb 4, 2014
Closed on
Jan 14, 2015
Sold by
Christian Church Voz Del Ultimo Tiempo I
Bought by
Jiron Ron
Seller's Agent
Anthony Milano
Preferred Properties Real Estate Services
Buyer's Agent
Anthony Milano
Preferred Properties Real Estate Services
List Price
$29,900
Sold Price
$17,500
Premium/Discount to List
-$12,400
-41.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.47%

Purchase Details

Listed on
Feb 4, 2014
Closed on
Jan 13, 2015
Sold by
Jiron Ron and Jiron Dana S
Bought by
Jackson Jones Llc
Seller's Agent
Anthony Milano
Preferred Properties Real Estate Services
Buyer's Agent
Anthony Milano
Preferred Properties Real Estate Services
List Price
$29,900
Sold Price
$17,500
Premium/Discount to List
-$12,400
-41.47%

Purchase Details

Closed on
Nov 12, 2013
Sold by
Stamm Pauline A
Bought by
Christian Church Voz Del Ultimo Tiempo I

Purchase Details

Closed on
Feb 16, 1989

Purchase Details

Closed on
Mar 3, 1988
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 Type Sale Price Title Company
Warranty Deed $295,000 First Ohio Title
Warranty Deed $225,000 First Title Box
Warranty Deed $44,000 First Ohio Title Insurance
Warranty Deed $17,500 None Available
Warranty Deed $23,000 None Available
Warranty Deed $9,500 None Available
Deed $20,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,000 New Conventional
Previous Owner $202,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Off Market $295,000 -- --
12/30/2022 12/30/22 Sold $295,000 0.0% $145 / Sq Ft
11/20/2022 11/20/22 For Sale $295,000 +31.1% $145 / Sq Ft
10/25/2019 10/25/19 Sold $225,000 0.0% $131 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/23/2019 09/23/19 Price Changed $224,900 -1.8% $131 / Sq Ft
09/13/2019 09/13/19 For Sale $229,000 +420.5% $134 / Sq Ft
06/30/2017 06/30/17 Sold $44,000 -25.4% $27 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $59,000 +237.1% $36 / Sq Ft
01/14/2015 01/14/15 Sold $17,500 -41.5% $11 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $29,900 -- $18 / 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 $4,808 $107,140 $20,300 $86,840
2023 $4,747 $107,140 $20,300 $86,840
2022 $3,729 $71,900 $4,520 $67,380
2021 $3,736 $71,900 $4,520 $67,380
2020 $3,741 $71,900 $4,520 $67,380
2019 $844 $13,580 $3,780 $9,800
2018 $939 $13,580 $3,780 $9,800
2017 $1,253 $20,160 $3,780 $16,380
2016 $1,061 $15,610 $3,360 $12,250
2015 $1,035 $15,610 $3,360 $12,250
2014 $968 $15,610 $3,360 $12,250
2013 $502 $16,415 $3,535 $12,880
Source: Public Records

Agents Affiliated with this Home

  • Sam Cooper

    Seller's Agent in 2022

    Sam Cooper

    Howard Hanna Real Estate Svcs

    (614) 561-3201

    5 in this area

    1,443 Total Sales

    Sam Cooper
    Section Image
  • Lory Kim

    Buyer's Agent in 2022

    Lory Kim

    RE/MAX

    (614) 570-1352

    1 in this area

    355 Total Sales

    Lory Kim
    Section Image

  • M

    Buyer Co-Listing Agent in 2022

    Mazen Mouneimne

    E-Merge

    (614) 832-6268

    1 in this area

    3 Total Sales

    Mazen Mouneimne
    Section Image

  • B

    Seller's Agent in 2019

    Brian Throckmorton

    Real Estate Opportunity

  • Jennifer Seiler

    Buyer Co-Listing Agent in 2019

    Jennifer Seiler

    Coldwell Banker Realty

    (614) 946-5647

    145 Total Sales

    Jennifer Seiler
    Section Image

  • K

    Seller's Agent in 2017

    Kimberly Hamrick

    Howard Hanna Real Estate Svcs

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 214010218

Columbus and Central Ohio Regional MLS

APN: 010-045286

Ohio Franklin County Columbus 43206 Karns Park

488 E Gates St, Columbus, OH

This home is located at 488 E Gates St, Columbus, OH 43206 and is currently priced at $17,500, approximately $10 per square foot. This property was built in 1915. 488 E Gates St is a home located in Franklin County with nearby schools including Lincoln Park Elementary School, South High School, and South Columbus Preparatory Academy.

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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