NOT LISTED FOR SALE

140 W Fair Ave Lancaster, OH 43130

Estimated Value: $216,000 - $255,000

3 Beds
2 Baths
2,662 Sq Ft
$88/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2021

Last sale price $170,000 $64 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,644 / mo

31 Days on Market

Highlights

  • Attached Garage
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Fully rented duplex would make a fantastic investment opportunity. Upstairs unit is approximately 1,873 SF, featuring a surprising living space, two large bedrooms, one bath, central AC and access to a 2-car garage for parking and storage. First floor unit consists of 789 SF, one bedroom, one full bathroom. W/D hookups for both units. Rear off-street parking. All utilities separate, with the exception of water. Great location and close to everything!

Last Agent to Sell the Property

Zachary Deleon

Keller Williams Greater Cols License #2003013816 Listed on: 04/18/2021

Keller Williams Greater Cols

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • 2,662 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • Attached Garage
  • Garage Door Opener
  • Off-Street Parking: 1

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 4,792 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $15,300

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 05-32056-700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,629

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Total Gross Income: 15300.0
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 61.98
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 15300.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2662.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: 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
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Attached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Garage Door Opener: Yes

Utilities

  • Heating: Forced Air
  • 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: 05-32056-700
  • Lot Size Sq Ft: 4791.6

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1629.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2021
Closed on
Jun 30, 2021
Sold by
Smith Bobbi Jo
Bought by
Beery Michaele D
Seller's Agent
Zachary Deleon
Keller Williams Greater Cols
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Current Estimated Value
$234,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,818
Avg. Annual Appreciation
6.95%
Original Mortgage
$166,920
Outstanding Balance
$149,802
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$85,016

Purchase Details

Listed on
Apr 18, 2021
Closed on
Jun 28, 2021
Sold by
Smith Bobbi Jo
Bought by
Beery Michaele D
Seller's Agent
Zachary Deleon
Keller Williams Greater Cols
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Outstanding Balance
$149,802
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$85,016
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
Beery Michaele D $170,000 Valmer Land Title
Beery Michaele D $170,000 Valmer Land Title Agency Box
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beery Michaele D $166,920
Closed Beery Michaele D $166,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $170,000 +3.0% $64 / Sq Ft
04/18/2021 04/18/21 For Sale $165,000 -2.9% $62 / Sq Ft
04/15/2021 04/15/21 Off Market $170,000 -- --
Source: Columbus and Central Ohio Regional MLS

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
2025 $4,890 $74,590 $10,510 $64,080
2024 $4,890 $54,390 $4,580 $49,810
2023 $1,978 $54,390 $4,580 $49,810
2022 $1,986 $54,390 $4,580 $49,810
2021 $1,620 $40,630 $4,580 $36,050
2020 $1,554 $40,630 $4,580 $36,050
2019 $1,480 $40,630 $4,580 $36,050
2018 $1,251 $32,010 $4,580 $27,430
2017 $1,252 $32,620 $3,960 $28,660
2016 $1,220 $32,620 $3,960 $28,660
2015 $1,264 $32,790 $3,960 $28,830
2014 $1,205 $32,790 $3,960 $28,830
2013 $1,205 $32,790 $3,960 $28,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221011459

Columbus and Central Ohio Regional MLS

APN: 05-32056-700

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