NOT LISTED FOR SALE

1420 E Main St Lancaster, OH 43130

Estimated Value: $174,000 - $220,080

3 Beds
2 Baths
1,740 Sq Ft
$112/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $118,000 $68 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,396/month

50 Days on Market

About This Home

As of August 2021

Multi-Family--Great opportunity on a duplex in an excellent location in Lancaster. Showings require 24 hours notice. tenant occupied.Two apartments with 2 bedrooms and a full bath in each. First floor apartment was recently updated, all new flooring, paint, kitchen, bath and a nice feature wall in the living room. Apartment 2 upstairs is roomy with a large master bedroom and ample storage. The exterior has new windows and a nice deck/stairway to the upstairs apartment. Plenty of parking in rear. Very long term dependable tenants. Please do NOT disturb tenants.Showings require 24 hour notice. Split utilities.

Last Agent to Sell the Property

Loree Rupe

e-Merge Real Estate License #2019004827 Listed on: 05/05/2021

e-Merge Real Estate

Last Buyer's Agent

Alan Jones

RE/MAX Achievers License #300555

RE/MAX Achievers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 1,740 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-35171-200

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $1,000
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,320

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1922
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.13
  • Total Gross Income: 1000.0
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Income Expenses Gross Income: 1000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1740.0
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35171-200
  • Lot Size Sq Ft: 5662.8

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 1000.0

Tax Info

  • Tax Annual Amount: 1320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Aug 6, 2021
Sold by
Smith Mark and Smith Andrea
Bought by
Klos Daniel H and Klos Antoinette
Seller's Agent
Loree Rupe
e-Merge Real Estate
Buyer's Agent
Alan Jones
RE/MAX Achievers
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%
Total Days on Market
50
Current Estimated Value
$194,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,520
Avg. Annual Appreciation
14.49%
Original Mortgage
$78,000
Outstanding Balance
$71,989
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$126,973

Purchase Details

Listed on
May 5, 2021
Closed on
Aug 5, 2021
Sold by
Rupe Jack L and Rupe Jackie L
Bought by
Smith Mark and Smith Andrea
Seller's Agent
Loree Rupe
e-Merge Real Estate
Buyer's Agent
Alan Jones
RE/MAX Achievers
List Price
$129,900
Sold Price
$118,000
Premium/Discount to List
-$11,900
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Outstanding Balance
$71,989
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$126,973

Purchase Details

Closed on
May 28, 2019
Sold by
Rupe Pasqualine R
Bought by
Rupe Jackie Leon and Rupe Jack

Purchase Details

Closed on
Mar 1, 1990
Bought by
Rupe Jack L
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
Klos Daniel H $118,000 Northwest Advantage Ttl Agcy
Smith Mark $145,000 Northwest Advantage Ttl Agcy
Rupe Jack L $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klos Daniel H $78,000
Closed Rupe Jack L $130,632
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $118,000 -5.5% $68 / Sq Ft
06/14/2021 06/14/21 Price Changed $124,900 -0.1% $72 / Sq Ft
06/01/2021 06/01/21 Price Changed $125,000 -3.8% $72 / Sq Ft
04/28/2021 04/28/21 For Sale $129,900 -- $75 / 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 $3,713 $41,300 $7,940 $33,360
2023 $1,535 $41,300 $7,940 $33,360
2022 $1,544 $41,300 $7,940 $33,360
2021 $1,343 $33,670 $7,940 $25,730
2020 $1,259 $32,920 $7,940 $24,980
2019 $1,199 $32,920 $7,940 $24,980
2018 $1,352 $28,020 $7,940 $20,080
2017 $1,444 $32,870 $12,790 $20,080
2016 $1,350 $32,870 $12,790 $20,080
2015 $1,232 $31,980 $12,790 $19,190
2014 $1,175 $31,980 $12,790 $19,190
2013 $1,175 $31,980 $12,790 $19,190
Source: Public Records

Agents Affiliated with this Home

  • Loree Rupe

    Seller's Agent in 2021

    Loree Rupe

    E-Merge

    (614) 313-2284

    33 in this area

    107 Total Sales

    Loree Rupe
    Section Image
  • Alan Jones

    Buyer's Agent in 2021

    Alan Jones

    RE/MAX

    (614) 888-0888

    1 in this area

    33 Total Sales

    Alan Jones
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221014527

Columbus and Central Ohio Regional MLS

APN: 05-35171-200

Ohio Fairfield County Lancaster 43130

1420 E Main St, Lancaster, OH

This home is located at 1420 E Main St, Lancaster, OH 43130 since 05 May 2021 and is currently estimated at $194,520, approximately $111 per square foot. This property was built in 1922. 1420 E Main St is a home located in Fairfield County with nearby schools including Thomas Ewing Junior High School, Lancaster High School, and St Mary Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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