NOT LISTED FOR SALE

1007 W 5th Ave Lancaster, OH 43130

-- Bed
-- Bath
2,880 Sq Ft
6,098 Sq Ft Lot

Last Sold January 11, 2021

Last sale price $145,000 $50 Per Sq Ft

6 Days on Market

About This Home

As of January 2021

Amazing investment opportunity!!! Cash flow on this totally turn key duplex in the heart of Lancaster. Both sides of this duplex have new flooring, kitchen cabinets and counters, appliances and furnaces. Lowest level is currently plumbed and heated for additional living space/storage space. Could easily be turned into another source of income for the property.

Last Agent to Sell the Property

Trevor Andrews

RE/MAX Revealty License #2013000504 Listed on: 12/22/2020

RE/MAX Revealty

Last Buyer's Agent

JAMIE ROHR

Key Realty License #2017002255

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $283

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 2,880 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 05-31024-000

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $1,200
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$283

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1950
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Total Gross Income: 1200.0
  • Co List Office Phone: 614-485-3100
  • MLS Status: Closed
  • Income Expenses Gross Income: 1200.0
  • General Property Info Building Sq Ft: 2880.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-31024-000
  • Lot Size Sq Ft: 6098.4
  • Additional Parcels Description: 0531023800

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1200.0

Tax Info

  • Tax Annual Amount: 283.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Daubenmire Jr Michael L
Bought by
Mld3 Llc

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jan 8, 2021
Sold by
Neylon Todd and Neylon Calvina
Bought by
Daubenmire Michael L
Seller's Agent
Trevor Andrews
RE/MAX Revealty
Buyer's Agent
JAMIE ROHR
Key Realty
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%

Purchase Details

Closed on
Aug 15, 2019
Sold by
Lentz Jerry
Bought by
Neylon Todd and Neylon Calvina

Purchase Details

Closed on
Jun 12, 1998
Sold by
Est Freeman E Clark
Bought by
Sixth Avenue United Methodist Church
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
Mld3 Llc -- Dagger Johnston Miller Ogilvie
Daubenmire Michael L $145,000 None Available
Neylon Todd -- Valmer Land Title Agency
Sixth Avenue United Methodist Church $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $145,000 -3.3% $50 / Sq Ft
12/22/2020 12/22/20 For Sale $149,900 -- $52 / 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 $2,661 $29,600 $4,950 $24,650
2023 $1,520 $29,600 $4,950 $24,650
2022 $1,531 $29,600 $4,950 $24,650
2021 $1,531 $28,780 $4,130 $24,650
2020 $305 $5,510 $0 $5,510
2019 $283 $5,510 $0 $5,510
2018 $294 $5,510 $0 $5,510
2017 $292 $6,040 $0 $6,040
2016 $283 $6,040 $0 $6,040
2015 $281 $6,040 $0 $6,040
2014 $269 $6,040 $0 $6,040
2013 $269 $6,040 $0 $6,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220043786

Columbus and Central Ohio Regional MLS

APN: 05-31024-000