NOT LISTED FOR SALE

131 Whiley Ave Lancaster, OH 43130

Estimated Value: $252,000 - $270,000

2 Beds
1 Bath
3,073 Sq Ft
$85/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $218,000 $71 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,968/month

15 Days on Market

About This Home

As of September 2022

FHA Buyers Welcome! 3 units. 1 unit vacant. The perfect opportunity to live in one unit and the others pay your mortgage. Or rent all three units and make $26K+ a year!
Unit 131 Lower Level Unit- 865sqft, 1 bedroom, $600/mo, tenant pays utilities, long-term tenant, month-to-month lease, w/d hookup, range & refrigerator, high efficiency gas furnace.
Unit 131 1/2 Upper Level Unit- 868sqft, 2 bedroom, $775/mo, tenant pays utilities, long-term tenant, month-to-month lease, range & refrigerator, open concept living room & kitchen.
Unit 133 Townhouse Apt-1340sqft, 2 possible 3 bedroom, vacant, most recent rent $800/mo potential for more, tenant pays utilities, w/d hookup, range & refrigerator, high efficiency furnace, freshly painted and new flooring.

Last Agent to Sell the Property

M. Tenessa George

Rise Realty License #2014003254 Listed on: 09/04/2022

Rise Realty

Last Buyer's Agent

Mark Wolfe

Realistar License #2006003403

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,073 Sq Ft Home
  • Mixed Use
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 05-36205-500

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,050
  • Operating Expense $3,032
  • Gross Income $26,100
  • Net Operating Income $23,068

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,982

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.17
  • Total Gross Income: 26100.0
  • Co List Office Phone: 740-654-5552
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 70.94
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 26100.0
  • Annual Expenses: 3032.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3073.0
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • 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: 05-36205-500
  • Lot Size Sq Ft: 7405.2

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 1050.0
  • Net Operating Income: 23068.0
  • Annual Operating Expense: 3032.0

Tax Info

  • Tax Annual Amount: 1982.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2022
Closed on
Aug 31, 2022
Sold by
Lpmc Llc
Bought by
Walls Damaris
Seller's Agent
M. Tenessa George
Rise Realty
Buyer's Agent
Mark Wolfe
Realistar
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Current Estimated Value
$278,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,330
Avg. Annual Appreciation
5.80%
Original Mortgage
$214,051
Outstanding Balance
$203,442
Interest Rate
4.63%
Mortgage Type
FHA
Estimated Equity
$59,287

Purchase Details

Closed on
Dec 21, 2010
Sold by
Kay Robert W and Peoples Bank National Associat
Bought by
Jpec Llc

Purchase Details

Closed on
Dec 16, 2004
Sold by
Lefever Kenneth Joseph and Lefever Kenneth Jospeh
Bought by
Kcm Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1992
Sold by
Collins Ralph G
Bought by
Lefever Kenneth Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walls Damaris -- Hocking Valley Title
Jpec Llc $56,000 Attorney
Kcm Properties $123,000 Title First Agency Inc
Lefever Kenneth Joseph $19,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walls Damaris $214,051
Previous Owner Kcm Properties $98,400
Closed Kcm Properties $24,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $218,000 0.0% $71 / Sq Ft
08/06/2022 08/06/22 Price Changed $218,000 +1.4% $71 / Sq Ft
08/05/2022 08/05/22 Price Changed $215,000 -4.4% $70 / Sq Ft
07/22/2022 07/22/22 For Sale $225,000 -- $73 / 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 $6,125 $68,130 $5,290 $62,840
2023 $2,593 $68,130 $5,290 $62,840
2022 $2,646 $68,130 $5,290 $62,840
2021 $1,982 $47,190 $5,290 $41,900
2020 $1,905 $47,190 $5,290 $41,900
2019 $1,818 $47,190 $5,290 $41,900
2018 $1,601 $36,220 $5,650 $30,570
2017 $1,601 $40,860 $10,290 $30,570
2016 $1,561 $40,860 $10,290 $30,570
2015 $1,522 $39,490 $10,290 $29,200
2014 $1,452 $39,490 $10,290 $29,200
2013 $1,452 $39,490 $10,290 $29,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    M. Tenessa George

    Rise Realty

    (740) 704-3601

    39 in this area

    75 Total Sales

    M. Tenessa George
    Section Image
  • Mark Wolfe

    Buyer's Agent in 2022

    Mark Wolfe

    Realistar

    (614) 353-1000

    1 in this area

    43 Total Sales

    Mark Wolfe
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222027460

Columbus and Central Ohio Regional MLS

APN: 05-36205-500

Ohio Fairfield County Lancaster 43130

131 Whiley Ave, Lancaster, OH

Not Listed for Sale

MultiFamily

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