NOT LISTED FOR SALE

1340 E Fair Ave Lancaster, OH 43130

Estimated Value: $201,000 - $209,000

3 Beds
1 Bath
864 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 15, 2022

Last sale price $173,500 $201 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,404/month

3 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Central Air
  • Wood Flooring

About This Home

As of October 2022

3 bedroom 1 bath home completely ready for you to move on in! This home is single story living for your convenience. This fantastic home has a new electrical service, recently resealed driveway amongst other updates. New flooring for your enjoyment is complimented by a great floor plan with bedrooms off of the main hallway. The full basement could easily be finished for even more space! Outside you'll find a large sized backyard with new fencing. The AC blower has been updated as well. Enjoy moving in to this great home.

Last Agent to Sell the Property

Dylan Knecht

RE/MAX Revealty License #2016003306 Listed on: 09/14/2022

RE/MAX Revealty

Co-Listed By

Jacob Miller

RE/MAX Revealty License #2019006536

Last Buyer's Agent

Melissa Reta

Howard HannaRealEstateServices License #2018002564

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 1954

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-34093-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1954
  • Tax Year: 2021
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: 11175
  • Co List Office Phone: 614-321-7884
  • Co List Office Phone: 614-321-7884
  • MLS Status: Closed
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Realist
  • Unit Levels: One
  • New Construction: No
  • Location Property Info List PriceSqFt: 190.97
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Laminate-Artificial: Yes
  • Foundation:Block: Yes
  • Water Source Public Water Source: Yes
  • Exterior Vinyl Siding: Yes
  • Exterior:Aluminum Siding: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 1
  • Basement: Full
  • Entry Level Living Room: 1
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood, Laminate
  • Main Level Bedrooms: 3
  • General Property Info Baths FH: 1.0
  • Basement Description:Full: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-34093-000
  • Lot Size Sq Ft: 9147.6

Tax Info

  • Tax Annual Amount: 1294.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 13, 2022
Sold by
Starkey Mackenzie and Starkey Hannah
Bought by
Potts Melissa
Seller's Agent
Dylan Knecht
RE/MAX Revealty
Buyer's Agent
Melissa Reta
Howard HannaRealEstateServices
List Price
$165,000
Sold Price
$173,500
Premium/Discount to List
$8,500
5.15%
Views
37
Current Estimated Value
$206,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,757
Avg. Annual Appreciation
5.47%

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 18, 2020
Sold by
Horn Larry R
Bought by
Starkey Hannah and Starkey Mackenzie
Seller's Agent
Kimberly Russell
RE/MAX ONE
Buyer's Agent
Dylan Knecht
RE/MAX Revealty
List Price
$114,900
Sold Price
$123,000
Premium/Discount to List
$8,100
7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%
Original Mortgage
$120,772
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 2006
Sold by
Harris Denise P and Harris Henry J M
Bought by
Horn Larry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,570
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2006
Sold by
Estate Of Patricia S Morbitzer
Bought by
Harris Denise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,570
Interest Rate
6.38%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2004
Sold by
Dennison Cynthia S
Bought by
Dennison Larry E
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
Potts Melissa $173,500 --
Starkey Hannah $492,000 Valmer Land Title
Horn Larry R $79,600 Valmer Land Title Agency
Harris Denise P -- None Available
Dennison Larry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starkey Hannah $120,772
Previous Owner Horn Larry R $75,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2022 10/15/22 Sold $173,500 +5.2% $201 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $165,000 +34.1% $191 / Sq Ft
09/18/2020 09/18/20 Sold $123,000 +7.0% $142 / Sq Ft View Prior Sale
08/03/2020 08/03/20 For Sale $114,900 -- $133 / 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 $3,910 $43,490 $12,370 $31,120
2023 $1,582 $43,490 $12,370 $31,120
2022 $1,607 $44,000 $12,370 $31,630
2021 $1,294 $33,210 $10,310 $22,900
2020 $1,240 $33,210 $10,310 $22,900
2019 $1,179 $33,210 $10,310 $22,900
2018 $1,075 $25,910 $10,310 $15,600
2017 $1,075 $28,750 $10,310 $18,440
2016 $1,047 $28,750 $10,310 $18,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222034623

Columbus and Central Ohio Regional MLS

APN: 05-34093-000