NOT LISTED FOR SALE

134 W Fair Ave Lancaster, OH 43130

Estimated Value: $182,000 - $262,000

3 Beds
2 Baths
1,672 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 17, 2024

Last sale price $235,000 $141 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,612/month

9 Days on Market

About This Home

As of January 2024

Introducing a prime investment opportunity! This well-maintained, and completely renovated property boasts, not one, but TWO spacious rental units, providing a consistent cashflow! The front unit is a spacious 3 bedroom, 1 bath home; while the rear unit is a spacious 1 bedroom 1 bath home. With a strong rental history and excellent location near schools, parks, and shopping, this property promises steady income and growth potential for years to come. Don't miss out on this fantastic real estate investment!

Last Agent to Sell the Property

Roderick Williams

Keller Williams Greater Cols License #2017000794 Listed on: 11/10/2023

Keller Williams Greater Cols

Last Buyer's Agent

Isaac Klopfenstein

Howard Hanna Real Estate Svcs License #2023003584

Howard Hanna Real Estate Svcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 1,672 Sq Ft Home
  • Frame Construction
  • Vinyl Siding

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-32056-600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,272

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.19
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1672.0
  • General Property Info # of Buildings: 2.0
  • Heat Fuel Electric4: Yes
  • Air Conditioning Central Air: 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

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes
  • Construction:Aluminum: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • 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: 05-32056-600
  • Lot Size Sq Ft: 8276.4
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1272.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 12, 2024
Sold by
Anew Real Estate Llc
Bought by
Petersen Siri
Seller's Agent
Roderick Williams
Keller Williams Greater Cols
Buyer's Agent
Isaac Klopfenstein
Howard Hanna Real Estate Svcs
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Views
30
Current Estimated Value
$232,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,663
Avg. Annual Appreciation
-3.17%
Original Mortgage
$223,250
Outstanding Balance
$220,105
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$3,307

Purchase Details

Closed on
Oct 24, 2022
Sold by
Guisinger Chad A and Guisinger Stacey
Bought by
Anew Real Estate Llc

Purchase Details

Closed on
Oct 1, 2008
Sold by
Marlo Larry and Estate Of Julie Ellen Marie Ma
Bought by
Guisinger Chad A and Guisinger Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Petersen Siri $235,000 Hocking Valley Title
Anew Real Estate Llc $105,000 Hocking Valley Title
Guisinger Chad A $38,500 Hocking Valley Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Siri $223,250
Previous Owner Anew Real Estate Llc $135,000
Previous Owner Guisinger Chad A $250,000
Previous Owner Guisinger Chad A $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $235,000 -5.6% $141 / Sq Ft
11/10/2023 11/10/23 For Sale $249,000 +6.0% $149 / Sq Ft
11/09/2023 11/09/23 Off Market $235,000 -- --
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 $4,083 $45,420 $7,530 $37,890
2023 $1,264 $34,020 $7,530 $26,490
2022 $1,272 $34,020 $7,530 $26,490
2021 $1,084 $27,190 $7,530 $19,660
2020 $1,040 $27,190 $7,530 $19,660
2019 $990 $27,190 $7,530 $19,660
2018 $878 $24,700 $7,530 $17,170
2017 $878 $22,880 $6,510 $16,370
2016 $856 $22,880 $6,510 $16,370
2015 $884 $22,940 $6,510 $16,430
2014 $843 $22,940 $6,510 $16,430
2013 $843 $22,940 $6,510 $16,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223037013

Columbus and Central Ohio Regional MLS

APN: 05-32056-600