$400,000
SOLD NOV 22, 2024

0 Zion Rd SE Lancaster, OH 43130

21 Acres
$19,512 Price per Acre
892,980 Sq Ft Lot

Recently Sold

$114 Per Sq Ft

11% Below List Price

98 Days on Market

About This Lot

As of November 2024

Excellent investment opportunity in Fairfield County, Ohio! The property consists of 20.5 acres of land and 3 income producing rental units and is located along Zion Rd. SE In Rushcreek Township. With over 13 acres of pasture, which is mostly fenced, a barn that is in need of repair, pole building, loafing shed and multiple building sites, this would be an ideal property to start your own homestead. The three rentals homes are 748 sqft, 2 bedrooms and one bath each. They currently provide a monthly income of $2,400. The half acre pond on the property has a nice dock and should be great fishing. An additional 17 contiguous acres are also available to purchase. Annual property taxes are to be determined due to new lot split. Do not miss this opportunity!

Last Agent to Sell the Property

Brian Bauer

Bauer Realty & Auctions License #2010000215 Listed on: 10/27/2024

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,747

Year Built

  • Built in 1933

Lot Details

  • 20.5 Acre Lot

Home Design

  • 3,509 Sq Ft Home

Listing and Financial Details

  • Assessor Parcel Number 03-40032-800

Property Details

Property Type

Land

Est. Annual Taxes

$6,747

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Type: Land/Farm
  • Year Built: 1933
  • Tax Year: 2023
  • Property Sub-Type: Unimproved Land
  • Lot Size Acres: 20.5
  • Co List Office Phone: 614-829-7070
  • MLS Status: Closed
  • General Property Info Residential DwellingOther Structure YN: No
  • General Property Info Building Sq Ft: 3509.0
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • Junior High Dist: FAIRFIELD UNION LSD 2304 FAI CO.

Lot Info

  • Parcel Number: 03-40032-800
  • Lot Size Sq Ft: 892980.0
  • Zoning Description: Yes

Tax Info

  • Tax Annual Amount: 6747.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2024
Closed on
Jan 3, 2025
Sold by
Lancaster Acres Llc
Bought by
Ashley Michael
Seller's Agent
Brian Bauer
Bauer Realty & Auctions
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
10
Current Estimated Value
$440,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,007
Avg. Annual Appreciation
7.38%
Original Mortgage
$200,000
Interest Rate
6.44%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 27, 2024
Closed on
Nov 22, 2024
Sold by
Leslie Frank Keyes Trust and Keyes Audrey
Bought by
Lancaster Acres Llc
Seller's Agent
Brian Bauer
Bauer Realty & Auctions
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.44%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 27, 2024
Closed on
Sep 27, 2024
Sold by
Leslie Frank Keyes Trust and Keyes Audrey
Bought by
Rider Mitchell and Rider Mercedes
Seller's Agent
Brian Bauer
Bauer Realty & Auctions
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.44%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 20, 2019
Sold by
Keyes Leslie F
Bought by
Keyes Leslie Frank and The Leslie Frank Keyes Trust

Purchase Details

Closed on
Apr 27, 2018
Sold by
Keyes Leslie Ff
Bought by
Speakman Enterprises Inc

Purchase Details

Closed on
Apr 15, 2016
Sold by
Downard Mary E and Walker Jessie L
Bought by
Downard Mary E and Walker Jessie L

Purchase Details

Closed on
Feb 4, 2016
Sold by
G E Enterprises Inc
Bought by
Leslie F Keyes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.72%
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 $422,000 Northwest Title
Fiduciary Deed $400,000 Northwest Title
Fiduciary Deed $195,000 Northwest Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
No Value Available -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Construction
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $400,000 -11.1% $114 / Sq Ft
11/03/2024 11/03/24 Pending -- -- --
10/27/2024 10/27/24 For Sale $450,000 0.0% $128 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $450,000 +130.8% $128 / Sq Ft
09/27/2024 09/27/24 Sold $195,000 -56.7% $56 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/12/2024 08/12/24 Pending -- -- --
07/27/2024 07/27/24 For Sale $450,000 +120.6% $128 / Sq Ft
07/27/2024 07/27/24 For Sale $204,000 -- $58 / 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 $13,517 $177,040 $58,010 $119,030
2023 $6,747 $214,090 $95,060 $119,030
2022 $6,750 $214,090 $95,060 $119,030
2021 $5,972 $180,420 $90,520 $89,900
2020 $5,861 $180,420 $90,520 $89,900
2019 $5,742 $180,420 $90,520 $89,900
2018 $4,446 $170,530 $89,660 $80,870
2017 $4,618 $147,650 $91,230 $56,420
2016 $4,575 $148,330 $91,910 $56,420
2015 $4,523 $145,950 $91,910 $54,040
2014 $4,334 $145,950 $91,910 $54,040
2013 $4,334 $145,950 $91,910 $54,040
Source: Public Records

Agents Affiliated with this Home

  • Brian Bauer

    Seller's Agent in 2024

    Brian Bauer

    Bauer Realty & Auctions

    (614) 949-6764

    141 Total Sales

    Brian Bauer
    Section Image

  • N

    Buyer's Agent in 2024

    NON MEMBER

    NON MEMBER OFFICE

  • J

    Buyer's Agent in 2024

    Jonathan Davis

    Bauer Realty & Auctions

    (614) 829-7070

    42 Total Sales

    Jonathan Davis
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224026107

Columbus and Central Ohio Regional MLS

APN: 03-40032-800

Ohio Fairfield County Lancaster 43130

0 Zion Rd SE, Lancaster, OH

This home is located at 0 Zion Rd SE, Lancaster, OH 43130 and is currently priced at $400,000, approximately $113 per square foot. This property was built in 1933. 0 Zion Rd SE is a home located in Fairfield County with nearby schools including Bremen Elementary School and Fairfield Union High School.

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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