NOT LISTED FOR SALE

1127 E Locust St Lancaster, OH 43130

Estimated Value: $134,000 - $249,000

2 Beds
2 Baths
1,488 Sq Ft
$120/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $95,000 $64 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,180/month

4 Days on Market

About This Home

As of September 2021

Well maintained duplex. to be sold as a package deal with 1131 E. Locust St, and 1135 E. Locust St. Updates throughout. *May require flood insurance.

Last Agent to Sell the Property

Destini Bramlage

Howard HannaRealEstateServices Listed on: 07/09/2021

Last Buyer's Agent

Thomas Cernus

CR Inactive Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1980

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,488 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 05-35149-700

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $14,400
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,423

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1980
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 14400.0
  • Co List Office Phone: 740-687-1516
  • MLS Status: Closed
  • Income Expenses Gross Income: 14400.0
  • General Property Info Building Sq Ft: 1488.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35149-700
  • Lot Size Sq Ft: 5227.2

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 14400.0

Tax Info

  • Tax Annual Amount: 1423.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 30, 2021
Sold by
1125 Locust Street Llc
Bought by
Thornton George T and Thornton Betty L
Seller's Agent
Destini Bramlage
Howard HannaRealEstateServices
Buyer's Agent
Thomas Cernus
CR Inactive Office
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Current Estimated Value
$179,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,272
Avg. Annual Appreciation
14.07%
Original Mortgage
$195,000
Outstanding Balance
$157,233
Interest Rate
2.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,419

Purchase Details

Closed on
May 24, 2012
Sold by
Shumaker Richard L and Shumaker Margaret S
Bought by
1125 Locust Street Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thornton George T $285,000 None Available
1125 Locust Street Llc $320,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton George T $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $95,000 -20.8% $64 / Sq Ft
07/09/2021 07/09/21 For Sale $120,000 -- $81 / 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 $2,797 $31,110 $5,790 $25,320
2023 $1,156 $31,110 $5,790 $25,320
2022 $1,163 $31,110 $5,790 $25,320
2021 $1,416 $35,500 $5,790 $29,710
2020 $453 $35,500 $5,790 $29,710
2019 $1,293 $35,500 $5,790 $29,710
2018 $323 $28,240 $5,790 $22,450
2017 $1,078 $28,090 $5,640 $22,450
2016 $1,051 $28,090 $5,640 $22,450
2015 $1,044 $27,100 $5,640 $21,460
2014 $996 $27,100 $5,640 $21,460
2013 $996 $27,100 $5,640 $21,460
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Destini Bramlage

    Howard HannaRealEstateServices

  • T

    Buyer's Agent in 2021

    Thomas Cernus

    CR Inactive Office

    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221025465

Columbus and Central Ohio Regional MLS

APN: 05-35149-700

Ohio Fairfield County Lancaster 43130

1127 E Locust St, Lancaster, OH

This home is located at 1127 E Locust St, Lancaster, OH 43130 since 09 July 2021 and is currently estimated at $179,272, approximately $120 per square foot. This property was built in 1980. 1127 E Locust St is a home located in Fairfield County with nearby schools including Thomas Ewing Junior High School, Lancaster High School, and St Mary Elementary 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.

Nearby Homes