Seller's Agent in 2021
DaRon Irby
E-Merge
(614) 314-1231
1 in this area
40 Total Sales
138 E Fair Ave Lancaster, OH 43130
Estimated Value: $225,000 - $256,209
4
Beds
3
Baths
2,216
Sq Ft
$107/Sq Ft
Est. Value
Highlights
- Detached Garage
- Forced Air Heating and Cooling System
- 4-minute walk to Rising Park
About This Home
As of August 2021Calling all investors. This property offers a large 3 bed 2 bath ranch unit on the bottom as well as a 1 bed 1 bath unit above. Lower unit has been occupied by the same tenants for roughly 7 years and they want to stay. Upper unit is rented through March 2022. Both are great paying tenants that are never late and are responsible for all utilities. Total monthly income is $1,650.00. Home is being Sold As No Remedy will be completed.
Last Agent to Sell the Property
e-Merge Real Estate License #2005002104 Listed on: 08/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,981
Year Built
- Built in 1900
Lot Details
- 5,924
Home Design
- 2,216 Sq Ft Home
- Duplex
- Vinyl Siding
Parking
- Detached Garage
- Off-Street Parking: 1
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 05-32055-000
Community Details
Overview
- 2 Units
Building Details
- Manager Expense $1,560
- Professional Management Expense $1,560
- Operating Expense $1,560
- Gross Income $19,800
- Net Operating Income $16,259
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2021
Closed on
Aug 31, 2021
Sold by
Anew Holdings Llc
Bought by
Hoff Larry and Hoff Angela M
Seller's Agent
DaRon Irby
e-Merge Real Estate
Buyer's Agent
Audrey Barr
CRT, Realtors
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,086
Avg. Annual Appreciation
8.77%
Original Mortgage
$131,920
Outstanding Balance
$119,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,789
Purchase Details
Closed on
Nov 30, 2016
Sold by
Cervi Nino Angelo and Cervi Mia M
Bought by
Cervi Nino Antonio and The Cervi Principal Protection
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.13%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
May 16, 2014
Closed on
Aug 7, 2014
Sold by
Fannie Mae
Bought by
Cervi Nino A and Cervi Mia M
Seller's Agent
Bernadette Gorby
Howard HannaRealEstateServices
Buyer's Agent
Marian Reitano
Howard Hanna Real Estate Svcs
List Price
$91,300
Sold Price
$84,000
Premium/Discount to List
-$7,300
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$63,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 17, 2014
Sold by
Wilson Nikole M and Fifth Third Mortgage Co
Bought by
Fannie Mae and Federal National Mortgage Association
Purchase Details
Closed on
Aug 29, 2005
Sold by
Jones Sidney Thomas and Jones Gladys S
Bought by
Wilson Nikole M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
8.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hoff Larry | $164,900 | None Available | |
| Cervi Nino Antonio | -- | None Available | |
| Cervi Nino A | -- | Ohio Title Corp | |
| Fannie Mae | $90,000 | Attorney | |
| Wilson Nikole M | $143,000 | Hocking Valley Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoff Larry | $131,920 | |
| Previous Owner | Cervi Nino Antonio | $100,000 | |
| Previous Owner | Cervi Nino A | $63,000 | |
| Previous Owner | Wilson Nikole M | $143,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $164,900 | 0.0% | $74 / Sq Ft | |
| 08/05/2021 08/05/21 | Pending | -- | -- | -- | |
| 08/02/2021 08/02/21 | For Sale | $164,900 | +96.3% | $74 / Sq Ft | |
| 08/18/2014 08/18/14 | Sold | $84,000 | -8.0% | $32 / Sq Ft | View Prior Sale |
| 07/19/2014 07/19/14 | Pending | -- | -- | -- | |
| 05/14/2014 05/14/14 | For Sale | $91,300 | -- | $35 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 | $5,188 | $57,710 | $5,460 | $52,250 |
| 2023 | $2,144 | $57,710 | $5,460 | $52,250 |
| 2022 | $2,157 | $57,710 | $5,460 | $52,250 |
| 2021 | $1,952 | $48,950 | $5,460 | $43,490 |
| 2020 | $1,890 | $49,400 | $5,460 | $43,940 |
| 2019 | $1,799 | $49,400 | $5,460 | $43,940 |
| 2018 | $1,546 | $42,210 | $5,460 | $36,750 |
| 2017 | $1,547 | $40,310 | $5,900 | $34,410 |
| 2016 | $1,508 | $40,310 | $5,900 | $34,410 |
| 2015 | $1,499 | $38,900 | $5,900 | $33,000 |
| 2014 | $1,391 | $38,900 | $5,900 | $33,000 |
| 2013 | $1,391 | $38,900 | $5,900 | $33,000 |
Source: Public Records
Agents Affiliated with this Home
-
DaRon Irby
-
Audrey Barr
Buyer's Agent in 2021
Audrey Barr
CRT, Realtors
(740) 974-2973
32 in this area
88 Total Sales
-
Bernadette Gorby
B
Seller's Agent in 2014
Bernadette Gorby
Howard HannaRealEstateServices
(740) 689-8313
14 in this area
27 Total Sales
-
M
Buyer's Agent in 2014
Marian Reitano
Howard Hanna Real Estate Svcs
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 221029615
APN: 05-32055-000
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