$78,000
SOLD DEC 23, 2020

494 E Gates St Columbus, OH 43206

Karns Park Neighborhood
2 Beds
1 Bath
1,431 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

30% Above List Price

4 Days on Market

About This Home

As of September 2021

This property has a new roof, new deck, and most of the siding has been replaced. The interior has been cleaned out and is ready for rehab. Tons of upside potential for the right buyer. Property is currently under court receivership and will be subject to court review and final approval.

Last Agent to Sell the Property

Shawn Parker

Parker Realty Associates License #2005013841 Listed on: 10/17/2019

Last Buyer's Agent

Tayler Reid

Century 21 Excellence Realty License #2018002570

Century 21 Excellence Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1,431 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Court or third-party approval is required for the sale
  • Assessor Parcel Number 010-008331

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1910
  • Tax Year: 2019
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.09
  • Co List Office Phone: 614-987-5178
  • MLS Status: Closed
  • Subdivision Name: Lowrie
  • ResoBuildingAreaSource: Realist
  • Unit Levels: Two
  • New Construction: No
  • Basement Basement YN2: Yes
  • Foundation:Block: Yes
  • Addl Acceptance Cond Court Approval: Yes
  • Levels Two2: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Upstairs Bedrooms: 2
  • Upstairs 1 Full Bathrooms: 1
  • Basement: Full
  • Entry Level Dining Room: 1
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Basement Description:Full: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-008331
  • Lot Size Sq Ft: 3920.4

Tax Info

  • Tax Annual Amount: 456.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Sep 20, 2021
Sold by
Keep It Real Estate Llc
Bought by
Horvath Christine M
Seller's Agent
Tayler Reid
Century 21 Excellence Realty
Buyer's Agent
Betsy Sharp
Coldwell Banker Realty
List Price
$299,900
Sold Price
$307,000
Premium/Discount to List
$7,100
2.37%
Current Estimated Value
$354,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,235
Avg. Annual Appreciation
3.39%
Original Mortgage
$297,790
Outstanding Balance
$274,486
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$74,212

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 21, 2020
Sold by
New Perspective Asset Management Llc
Bought by
Keep It Real Estate Llc
Seller's Agent
Shawn Parker
Parker Realty Associates
Buyer's Agent
Tayler Reid
Century 21 Excellence Realty
List Price
$60,000
Sold Price
$78,000
Premium/Discount to List
$18,000
30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
521.43%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Mumaw Richard Eugene and Case #04Dr-06-2196
Bought by
Mumaw Nellie Jean

Purchase Details

Closed on
Nov 22, 1999
Sold by
Leonard Francis D and Leonard Hattie
Bought by
Mumaw Richard E and Mumaw Nellie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,460
Interest Rate
7.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 1976
Bought by
Leonard Francis D
Source: Public Records

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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 $307,000 First American Title Ins Co
Deed $78,000 Chase Title And Escrow Svcs
Interfamily Deed Transfer -- --
Warranty Deed $24,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,790 New Conventional
Previous Owner $29,000 Unknown
Previous Owner $15,460 Unknown
Previous Owner $32,249 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Off Market $307,000 -- --
09/21/2021 09/21/21 Sold $307,000 +2.4% $181 / Sq Ft
09/01/2021 09/01/21 For Sale $299,900 +284.5% $176 / Sq Ft
12/23/2020 12/23/20 Sold $78,000 +30.0% $55 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $60,000 -- $42 / 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 $1,468 $92,450 $19,710 $72,740
2023 $1,449 $92,435 $19,705 $72,730
2022 $901 $95,950 $4,380 $91,570
2021 $474 $17,370 $4,380 $12,990
2020 $712 $17,370 $4,380 $12,990
2019 $419 $13,620 $3,640 $9,980
2018 $548 $13,620 $3,640 $9,980
2017 $675 $13,620 $3,640 $9,980
2016 $871 $13,450 $3,260 $10,190
2015 $641 $13,450 $3,260 $10,190
2014 $283 $13,450 $3,260 $10,190
2013 $160 $14,140 $3,430 $10,710
Source: Public Records

Agents Affiliated with this Home

  • Tayler Reid

    Seller's Agent in 2021

    Tayler Reid

    Century 21 Excellence Realty

    (740) 815-5495

    4 in this area

    92 Total Sales

    Tayler Reid
    Section Image
  • Betsy Sharp

    Buyer's Agent in 2021

    Betsy Sharp

    Coldwell Banker Realty

    (614) 324-8067

    9 in this area

    130 Total Sales

    Betsy Sharp
    Section Image
  • Shawn Parker

    Seller's Agent in 2020

    Shawn Parker

    Parker Realty Associates

    (614) 783-2636

    1 in this area

    49 Total Sales

    Shawn Parker
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219039491

Columbus and Central Ohio Regional MLS

APN: 010-008331

Ohio Franklin County Columbus 43206 Karns Park

494 E Gates St, Columbus, OH

This home is located at 494 E Gates St, Columbus, OH 43206 and is currently priced at $78,000, approximately $54 per square foot. This property was built in 1910. 494 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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