NOT LISTED FOR SALE

1117 S Broad St Lancaster, OH 43130

Estimated Value: $229,000 - $253,000

4 Beds
3 Baths
1,908 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $185,000 $97 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,730/month

76 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • Garage

About This Home

As of January 2021

**HOUSE HACK** Easily live expense free by living in one unit and renting the others!! New kitchens with white shaker cabinets, new hardware and granite countertops. New paint and flooring throughout, new light fixtures and plumbing fixtures. New gas furnaces and water heaters. New A/Cs as well! Top unit is 2 beds, 1 bath and done in the on-trend grey and white color scheme: can rent for $850. Bottom unit is 2 beds, 1 bath and boasts beautiful original wood work including a show stopping oversized fireplace mantel. Bottom unit also has access to the expansive wrap around front porch and partial basement; can rent for $1100. Oversized 4 car garage (30x70) has a loft space that can be finished into a 3rd rental unit; can be rented as commercial space for $2000 per month.

Last Agent to Sell the Property

Jennifer Wernert

e-Merge Real Estate License #2016003366 Listed on: 10/28/2020

Last Buyer's Agent

Stephanie Jenkins

RE/MAX Connection, Realtors License #2008001491

RE/MAX Connection, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Garage

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,908 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-36056-400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,697

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1908.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features 4 Car Garage2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-36056-400
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1697.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
David Tebben
Bought by
Lama Property Llc
Current Estimated Value
$242,006

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 12, 2021
Sold by
Norris Drew A
Bought by
Tebben David and Tebben Tammy
Seller's Agent
Jennifer Wernert
e-Merge Real Estate
Buyer's Agent
Stephanie Jenkins
RE/MAX Connection, Realtors
List Price
$299,000
Sold Price
$185,000
Premium/Discount to List
-$114,000
-38.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Closed on
Aug 21, 2020
Sold by
Pentrack Richard R and Pentrack Barbara A
Bought by
Norris Drew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2011
Sold by
Estate Of Richard F Pentrack
Bought by
Pentrack Richard R and Pentrack Barbara A

Purchase Details

Closed on
Aug 26, 1994
Sold by
Est Emmitt S England
Bought by
Richard F Pentrack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 1991
Sold by
England Emmett S
Bought by
England Emmit S
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
Lama Property Llc -- --
Tebben David -- None Available
Norris Drew A $82,500 None Available
Pentrack Richard R -- None Available
Richard F Pentrack $49,900 --
England Emmit S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norris Drew A $142,000
Previous Owner Richard F Pentrack $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $185,000 -14.0% $97 / Sq Ft
12/30/2020 12/30/20 Price Changed $215,000 -2.2% $113 / Sq Ft
12/10/2020 12/10/20 Price Changed $219,900 -4.3% $115 / Sq Ft
12/01/2020 12/01/20 Price Changed $229,900 -4.2% $120 / Sq Ft
11/20/2020 11/20/20 Price Changed $239,900 -4.0% $126 / Sq Ft
11/05/2020 11/05/20 Price Changed $249,900 -16.4% $131 / Sq Ft
10/28/2020 10/28/20 For Sale $299,000 -- $157 / 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 $5,358 $59,600 $6,070 $53,530
2023 $2,215 $59,600 $6,070 $53,530
2022 $2,228 $59,600 $6,070 $53,530
2021 $1,901 $47,680 $6,070 $41,610
2020 $1,868 $46,590 $6,070 $40,520
2019 $1,697 $46,590 $6,070 $40,520
2018 $1,475 $38,820 $6,070 $32,750
2017 $1,476 $38,470 $5,900 $32,570
2016 $1,439 $38,470 $5,900 $32,570
2015 $1,444 $37,460 $5,900 $31,560
2014 $1,377 $37,460 $5,900 $31,560
2013 $1,377 $37,460 $5,900 $31,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220038064

Columbus and Central Ohio Regional MLS

APN: 05-36056-400