NOT LISTED FOR SALE

1027 Fay Ave Lancaster, OH 43130

Estimated Value: $145,000 - $251,000

3 Beds
2 Baths
1,428 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $128,000 $90 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,328/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • Ranch Style House
  • No HOA
  • Patio

About This Home

As of December 2023

GREAT INVESTMENT OPPORTUNITY! This location is beyond perfect! It backs right up to Rising Park. This 3 bedroom 1 and 1/2 bath home needs a little love but is ready to be revived. Priced to sell! Other homes on the street are listed between $99,000 to $119,900

Last Agent to Sell the Property

Jordan McBride

e-Merge Real Estate License #2015001616 Listed on: 12/18/2023

e-Merge Real Estate

Last Buyer's Agent

Loree Rupe

e-Merge Real Estate License #2019004827

e-Merge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1953

Lot Details

  • 6,970

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • Insulated Windows
  • Laundry on lower level

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Outdoor Features

  • Deck
  • Patio

Additional Features

  • 6,970 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0533146700

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,254

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1953
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.16
  • Reso Association Amenities: Park, Sidewalk
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Realist
  • Reso Interior Features: Dishwasher, Gas Range, Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Reso Window Features: Insulated Part
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Rooms LL Laundry: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Amenities Gas Range: Yes
  • Rooms Rec RmBsmt: Yes
  • Foundation:Block: Yes
  • Water Source Public Water Source: Yes
  • Interior Flooring Vinyl: Yes
  • Exterior Vinyl Siding: Yes
  • Interior Amenities Dishwasher: Yes
  • Windows Insulated Part: Yes
  • CmplexSub Amenities Park: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Bedrooms Downstairs 1: 1
  • Entry Level Bedrooms: 2
  • Downstairs 1 Full Bathrooms: 1
  • Entry Level Full Bathrooms: 1
  • Basement: Walk-Out Access, Full
  • Entry Level Eating Space: 1
  • Entry Level Living Room: 1
  • Recreation Room (Downstairs 1): 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood, Vinyl
  • Main Level Bedrooms: 2
  • Basement Description:Full: Yes
  • Basement Description:Walkout: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Deck
  • Patio and Porch Features Patio: Yes
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Attached Garage
  • Parking Features Attached Garage: Yes
  • Parking Features 1 Car Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 0533146700
  • Lot Size Sq Ft: 6969.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Dec 29, 2023
Sold by
Wells Cyle
Bought by
Ruble Ltd
Seller's Agent
Jordan McBride
e-Merge Real Estate
Buyer's Agent
Loree Rupe
e-Merge Real Estate
List Price
$145,000
Sold Price
$128,000
Premium/Discount to List
-$17,000
-11.72%
Views
34
Current Estimated Value
$185,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,986
Avg. Annual Appreciation
22.52%

Purchase Details

Closed on
Jul 5, 2022
Sold by
Wells Cody
Bought by
Cyle Wells

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.7%

Purchase Details

Closed on
Jul 4, 2022
Sold by
Cody Wells
Bought by
Wells Cyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.7%

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 25, 2017
Sold by
Cordle Shane L and Cordle Christine
Bought by
Wells Cody
Seller's Agent
Summer Berry
Rise Realty
Buyer's Agent
David Copen
RealtyOhio Real Estate
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$51,920
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2011
Sold by
Hudnell Christine and Cordle Christine
Bought by
Cordle Shane L and Cordle Christine

Purchase Details

Closed on
Apr 4, 1997
Sold by
Mcgill George K
Bought by
Hudnell Stanley G and Hudnell Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
7.65%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 1992
Sold by
Mcgill George K
Bought by
Mcgill George K

Purchase Details

Closed on
Aug 1, 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 Buyer Sale Price Title Company
Ruble Ltd $128,000 Equity Settlement Services
Cyle Wells $103,500 --
Wells Cyle -- Northwest Title
Wells Cody $64,900 Northwest Title Family Of Co
Cordle Shane L -- Attorney
Hudnell Stanley G $79,900 --
Mcgill George K -- --
-- $43,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cyle Wells --
Previous Owner Wells Cyle $100,395
Previous Owner Wells Cody $51,920
Previous Owner Hudnell Stanley G $79,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Off Market $64,900 -- --
12/28/2023 12/28/23 Sold $128,000 -11.7% $90 / Sq Ft
12/20/2023 12/20/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $145,000 +123.4% $102 / Sq Ft
08/07/2017 08/07/17 Sold $64,900 0.0% $87 / Sq Ft View Prior Sale
07/08/2017 07/08/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $64,900 -- $87 / 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 $4,254 $47,320 $11,040 $36,280
2023 $1,446 $39,750 $11,040 $28,710
2022 $1,452 $39,750 $11,040 $28,710
2021 $1,160 $29,770 $9,260 $20,510
2020 $1,112 $29,770 $9,260 $20,510
2019 $1,057 $29,770 $9,260 $20,510
2018 $847 $23,810 $9,260 $14,550
2017 $848 $22,670 $8,280 $14,390
2016 $826 $22,670 $8,280 $14,390
2015 $825 $21,980 $8,280 $13,700
2014 $786 $21,980 $8,280 $13,700
2013 $786 $21,980 $8,280 $13,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223040233

Columbus and Central Ohio Regional MLS

APN: 05-33146-700