NOT LISTED FOR SALE

133 Lake St Lancaster, OH 43130

Estimated Value: $153,000 - $215,000

5 Beds
2 Baths
2,240 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $109,000 $49 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,211/month

489 Days on Market

Highlights

  • Detached Garage
  • Forced Air Heating System
  • 4-minute walk to Rising Park

About This Home

As of November 2021

Fantastic opportunity for investing into the heart of Lancaster! Please do not disturb the tenant. Oversized 4 car garage at the rear of the property with 2 doors for entry that is also rented for additional cash flow. Perfect for living on one-side and renting the other! 1 side is month-to-month and occupied with a long-term tenant paying $575/monthly (under market, market is closer to $700/$750), the other side is currently vacant and in need of full/complete renovation. Easy to rent in this location! All attachments must be submitted with offers. Vacant side can be shown via ShowingTime.

Last Agent to Sell the Property

Jaysen Barlow

Sell For One Percent License #2005016616 Listed on: 08/23/2021

Last Buyer's Agent

Tamara Adams

Rise Realty License #2010003250

Rise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • 2,240 Sq Ft Home
  • Duplex

Parking

  • Detached Garage
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-32096-100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,548

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: 0.18
  • Co List Office Phone: 614-451-4433
  • MLS Status: Closed
  • Subdivision Name: RAINEYS ADDITION
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2240.0
  • Miscellaneous Basement2: 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

Garage/Parking

  • Parking Features: Garage Door Opener
  • Parking Features On Street2: Yes
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • 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: 05-32096-100
  • Lot Size Sq Ft: 7840.8

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1548.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Nov 29, 2021
Sold by
Gratz Janice I I
Bought by
Gratz Family Trust
Seller's Agent
Jaysen Barlow
Sell For One Percent
Buyer's Agent
Tamara Adams
Rise Realty
List Price
$127,500
Sold Price
$109,000
Premium/Discount to List
-$18,500
-14.51%
Current Estimated Value
$173,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,663
Avg. Annual Appreciation
11.85%
Original Mortgage
$108,750
Outstanding Balance
$96,110
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$71,110

Purchase Details

Listed on
Aug 23, 2021
Closed on
Nov 22, 2021
Sold by
Gratz Thomas S and Gratz Family Trust
Bought by
Paradise 4U Properties Ltd
Seller's Agent
Jaysen Barlow
Sell For One Percent
Buyer's Agent
Tamara Adams
Rise Realty
List Price
$127,500
Sold Price
$109,000
Premium/Discount to List
-$18,500
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Outstanding Balance
$96,110
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$71,110

Purchase Details

Closed on
Oct 13, 2004
Sold by
Gratz Thomas S and Gratz Janice I
Bought by
Gratz Thomas S and Gratz Janice I
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
Gratz Family Trust -- --
Paradise 4U Properties Ltd $109,000 None Available
Gratz Thomas S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paradise 4U Properties Ltd $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $109,000 -5.1% $49 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
09/17/2021 09/17/21 Price Changed $114,900 +53.4% $51 / Sq Ft
09/09/2021 09/09/21 Price Changed $74,900 -40.0% $33 / Sq Ft
08/23/2021 08/23/21 Price Changed $124,900 -2.0% $56 / Sq Ft
07/05/2021 07/05/21 For Sale $127,500 +17.0% $57 / Sq Ft
06/10/2021 06/10/21 Off Market $109,000 -- --
04/20/2021 04/20/21 Price Changed $127,500 +2.1% $57 / Sq Ft
01/05/2021 01/05/21 For Sale $124,900 +14.6% $56 / Sq Ft
01/05/2021 01/05/21 Off Market $109,000 -- --
10/05/2020 10/05/20 For Sale $124,900 +14.6% $56 / Sq Ft
10/05/2020 10/05/20 Off Market $109,000 -- --
07/04/2020 07/04/20 For Sale $124,900 -- $56 / 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 $3,430 $38,150 $6,760 $31,390
2023 $1,418 $38,150 $6,760 $31,390
2022 $1,426 $38,150 $6,760 $31,390
2021 $1,695 $42,510 $6,760 $35,750
2020 $1,548 $42,510 $6,760 $35,750
2019 $1,548 $42,510 $6,760 $35,750
2018 $1,345 $34,530 $6,760 $27,770
2017 $1,346 $35,080 $7,310 $27,770
2016 $1,312 $35,080 $7,310 $27,770
2015 $1,309 $33,960 $7,310 $26,650
2014 $1,248 $33,960 $7,310 $26,650
2013 $1,248 $33,960 $7,310 $26,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220021656

Columbus and Central Ohio Regional MLS

APN: 05-32096-100