NOT LISTED FOR SALE

124 W Walnut St Lancaster, OH 43130

Estimated Value: $162,000 - $250,000

6 Beds
4 Baths
2,616 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: February 5, 2018

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

Est. 133% increase in value since last sale

Current estimated payment $1,412 / mo

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

3,920 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Feb 22, 2018
Sold by
Bought by
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
$197,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,932
Avg. Annual Appreciation
10.61%
Original Mortgage
$68,000
Outstanding Balance
$46,991
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$150,941

Purchase Details

Listed on
Mar 3, 2017
Closed on
Feb 1, 2018
Sold by
Bought by
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
$46,991
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$150,941

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bought by
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$85,000 Lanco Title Agency
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,141 $63,640 $8,610 $55,030
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
2015 $1,187 $30,790 $5,300 $25,490
2014 $1,132 $30,790 $5,300 $25,490
2013 $1,132 $30,790 $5,300 $25,490
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217006129

Columbus and Central Ohio Regional MLS

APN: 05-35058-510

Your Personal Tour Guide

Ask me questions while you tour the home.