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653 East Gates Street

653 East Gates Street, Columbus, OH 43206
Sold Aug 04, 2020
$109,000
$126,750 by Lendinghome Funding Corp
Mortgage
Sold Jul 27, 2001
$52,800
$47,520 by Wells Fargo Home Mtg Inc
Mortgage Due Aug 01, 2031
653 East Gates Street has been categorized by the local assessors in Columbus, OH as a residential type of property. The building on the property was first built in 1925 and is 99 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 653 East Gates Street has 1,056 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,190 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 3,929 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 653 East Gates Street sold most recently in Jul 14, 2020 for a total of $109,000. If you work out the math, that's approximately a cost of $103.22 per sqft. Before that, the property was also sold for $52,800 in Jul 26, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,155 in taxes each year. The initial year of tax delinquency occurred in 2017. 653 East Gates Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $21,740. If we break it down further, the land itself was valued at $4,380. Improvements to the property, however, were assessed at a total of $17,360. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Off Street Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,929
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SAMUEL L BLACKS
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: 653 E GATES ST BLACKS LOT 14

Ownership

  • Current Owner : 653GATES LLC
  • Previous Owner : COLLINS DOROTHY
  • Owner Before Previous Owner: MITCHELL TERRY A
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Columbus City School District
  • School Tax School District: COLUMBUS CSD
  • Census Tract: 005620

Geography

  • Assessors Map Reference: 010K037 02500
  • Parcel: 010-003611
  • Lot: 14
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9367
  • Longitude: -82.978

    Address

  • Full Address: 653 E Gates St
  • Address - House Number: 653
  • Street Direction: E
  • Address - Street Name: Gates
  • Address - Suffix Type: St
  • State: OH
  • City Name: Columbus
  • Carrier Code: C027
  • 4-Digit Zip Code: 2908
  • Zip Code: 43206

Valuation

    Tax

  • Total Area: 528
  • Tax Year: 2022
  • Tax Amount: $1,155
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 10

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 157,033
  • High Value: 191,665
  • Low Value: 122,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,750
  • First Open Lien Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $126,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $62,100
  • Market Land Value: $12,500
  • Market Improvement Value: $49,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,740
  • Assessed Land Value: $4,380
  • Assessed Improvements Value: $17,360

    Sales

  • Current Sale Contract Date: Jul 14, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11776621776
  • Current Sale Price: $109,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202008040112949
  • Previous Sale Recording Date: Jul 27, 2001
  • Previous Sale Contract Date: Jul 26, 2001
  • Previous Sale Amount: $52,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Mortgage Transaction Date: Aug 04, 2020
  • First Mortgage Loan Amount: $115,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Jul 27, 2001
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $47,520
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2031

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Frequently Asked Questions

What neighborhood is 653 East Gates Street located in?
The 653 East Gates Street is a house located in the neighborhood of South Columbus in South Columbus, Columbus.
What is the average sales price for listings in 653 East Gates Street?
The average sales price for units in 653 East Gates Street is $0 currently.

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