NOT LISTED FOR SALE

124 W Walnut St Lancaster, OH 43130

Estimated Value: $153,000 - $258,000

6 Beds
4 Baths
2,616 Sq Ft
$75/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $85,000 $32 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,393/month

285 Days on Market

Highlights

  • Window Unit Cooling System
  • Forced Air Heating System
  • 4-minute walk to Fountain Square

About This Home

As of February 2018

INVESTORS take notice. 2 unit duplex with all utilities split and paid by tenants. Unit 124 has 2 bedrooms, 2 full bathrooms, stackable laundry and was recently remodeled. Appliances stay in 124 and will be available to rent. Unit 126 has had long term renter paying $550 a month. Unit 126 has 2 bedrooms and 1 and 1/2 bath. Tenant is month to month. Units are side by side with a main level and upstairs.

Last Agent to Sell the Property

Tavie Conrad

Sorrell & Company, Inc. Listed on: 03/03/2017

Last Buyer's Agent

Deborah Monger

Century 21 Darfus Realty License #2015003482

Century 21 Darfus Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,616 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Stucco

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-35058-510

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,300
  • Gross Income $14,400
  • Net Operating Income $12,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,195

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2016
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 14400.0
  • Co List Office Phone: 614-488-0707
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 37.84
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 14400.0
  • Annual Expenses: 2300.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2616.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

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

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35058-510
  • Lot Size Sq Ft: 3920.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12100.0
  • Annual Operating Expense: 2300.0

Tax Info

  • Tax Annual Amount: 1195.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Feb 22, 2018
Sold by
Raddatz Thomas J and Raddatz Deresa D
Bought by
Trdt Properties Llc
Seller's Agent
Tavie Conrad
Sorrell & Company, Inc.
Buyer's Agent
Deborah Monger
Century 21 Darfus Realty
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%
Current Estimated Value
$197,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,405
Avg. Annual Appreciation
11.15%
Original Mortgage
$68,000
Outstanding Balance
$48,256
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$149,149

Purchase Details

Listed on
Mar 3, 2017
Closed on
Feb 1, 2018
Sold by
Hyde Debra
Bought by
Raddatz Thomas J and Raddatz Deresa D
Seller's Agent
Tavie Conrad
Sorrell & Company, Inc.
Buyer's Agent
Deborah Monger
Century 21 Darfus Realty
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$48,256
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$149,149

Purchase Details

Closed on
Mar 4, 2005
Sold by
Mccandlish Mary Jo
Bought by
Hyde Debra
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
Trdt Properties Llc -- None Available
Raddatz Thomas J $85,000 Lanco Title Agency
Hyde Debra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raddatz Thomas J $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2018 02/05/18 Sold $85,000 -14.1% $32 / Sq Ft
01/06/2018 01/06/18 Pending -- -- --
03/03/2017 03/03/17 For Sale $99,000 -- $38 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $4,141 $46,060 $4,900 $41,160
2023 $1,711 $46,060 $4,900 $41,160
2022 $1,721 $46,060 $4,900 $41,160
2021 $1,414 $35,450 $4,900 $30,550
2020 $1,356 $35,450 $4,900 $30,550
2019 $1,291 $35,450 $4,900 $30,550
2018 $1,225 $31,900 $4,900 $27,000
2017 $1,226 $31,940 $5,300 $26,640
2016 $1,195 $31,940 $5,300 $26,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217006129

Columbus and Central Ohio Regional MLS

APN: 05-35058-510