NOT LISTED FOR SALE

1107 S Broad St Lancaster, OH 43130

Estimated Value: $135,000 - $188,000

3 Beds
2 Baths
1,400 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $90,000 $64 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,057/month

55 Days on Market

About This Home

As of November 2022

This is your chance for immediate income to be made! This duplex offers 2 one bedroom, upper and lower units, that are fully occupied and producing rent! Tenants are on a month to month lease, and rent increases are due! Tenants pay their own utilities. Each unit has washer & dryer hook up, This duplex has new furnaces, windows and hot water tanks in 2021. All utilities split.

Last Agent to Sell the Property

Carla Schorr

Rise Realty Listed on: 09/10/2022

Last Buyer's Agent

Remington Lyman

Reafco License #2022001862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 1,400 Sq Ft Home
  • Duplex

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-36056-200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,221

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.14
  • Co List Office Phone: 740-654-5552
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 84.64
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • General Property Info Building Sq Ft: 1400.0
  • Miscellaneous Basement2: Yes
  • Heat Fuel Electric4: Yes
  • Services Available Electricity Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-36056-200
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1221.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Falzon Clive
Bought by
Ohiorei Llc
Current Estimated Value
$157,013

Purchase Details

Listed on
Sep 10, 2022
Closed on
Nov 24, 2022
Sold by
Alvis Joseph E
Bought by
Falzon Clive
Seller's Agent
Carla Schorr
Rise Realty
Buyer's Agent
Remington Lyman
Reafco
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.26%

Purchase Details

Listed on
Sep 10, 2022
Closed on
Nov 21, 2022
Sold by
Alvis Joseph E
Bought by
Falzon Clive
Seller's Agent
Carla Schorr
Rise Realty
Buyer's Agent
Remington Lyman
Reafco
List Price
$125,000
Sold Price
$90,000
Premium/Discount to List
-$35,000
-28%
Views
100

Purchase Details

Closed on
Nov 21, 2005
Sold by
Lehman Michael A and Lehman Deborah K
Bought by
Alvis Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 1, 1986
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 Buyer Sale Price Title Company
Ohiorei Llc -- --
Falzon Clive $90,000 Valmer Land Title
Falzon Clive $90,000 Valmer Land Title
Alvis Joseph E $76,000 Lawyers Title Agency Of Lanc
-- $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvis Joseph E $68,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $90,000 -24.1% $64 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
10/13/2022 10/13/22 Price Changed $118,500 -5.2% $85 / Sq Ft
09/10/2022 09/10/22 For Sale $125,000 +38.9% $89 / Sq Ft
09/09/2022 09/09/22 Off Market $90,000 -- --
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 $2,832 $31,500 $6,010 $25,490
2023 $1,171 $31,500 $6,010 $25,490
2022 $1,485 $39,740 $6,010 $33,730
2021 $1,221 $30,630 $6,010 $24,620
2020 $1,172 $30,630 $6,010 $24,620
2019 $1,115 $30,630 $6,010 $24,620
2018 $914 $23,980 $6,010 $17,970
2017 $914 $23,820 $5,850 $17,970
2016 $891 $23,820 $5,850 $17,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222034150

Columbus and Central Ohio Regional MLS

APN: 05-36056-200