NOT LISTED FOR SALE

148 E Allen St Unit 148 1/2 Lancaster, OH 43130

Estimated Value: $167,000 - $201,000

2 Beds
2 Baths
1,874 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $113,750 $61 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,298/month

92 Days on Market

About This Home

As of April 2023

Fantastic location right across the street from the new Mt. Pleasant Elementary School & just blocks from the Fairfield County Fairgrounds, Rising Park, and Downtown Lancaster where you'll find local dining, shopping, and events all year round! Continue this as a two unit building OR convert back to a single family home. Options here to fit your needs!

Last Agent to Sell the Property

Sherry Looney

Howard HannaRealEstateServices License #373901 Listed on: 01/13/2023

Howard HannaRealEstateServices

Last Buyer's Agent

Michael Scotti

Best Homes Real Estate Ltd. License #2014003922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 1,874 Sq Ft Home
  • Duplex

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 05-33163-500

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,358
  • Gross Income $12,600
  • Net Operating Income $11,242

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,358

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 12600.0
  • Co List Office Phone: 740-862-4700
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 71.34
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 12600.0
  • Annual Expenses: 1357.84
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1874.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: 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

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33163-500
  • Lot Size Sq Ft: 7405.2
  • Zoning Description: Residential

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11242.0
  • Annual Operating Expense: 1357.84

Tax Info

  • Tax Annual Amount: 1358.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2025
Sold by
Ecurb Investments Ii Llc
Bought by
Noc Real Estate Llc
Current Estimated Value
$185,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$698,178
Interest Rate
6.74%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$512,511

Purchase Details

Listed on
Jan 13, 2023
Closed on
Apr 14, 2023
Sold by
Underwood James Alan and Underwood Sandra L
Bought by
Ecurb Investments Ii Llc
Seller's Agent
Sherry Looney
Howard HannaRealEstateServices
Buyer's Agent
Michael Scotti
Best Homes Real Estate Ltd.
List Price
$133,700
Sold Price
$113,750
Premium/Discount to List
-$19,950
-14.92%
Views
88

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.43%
Original Mortgage
$364,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 1999
Sold by
Geraghy William J
Bought by
Underwood James A and Underwood Sandra L
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Noc Real Estate Llc $620,000 Hocking Valley Title
Ecurb Investments Ii Llc $455,000 None Listed On Document
Underwood James A $74,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noc Real Estate Llc $700,000
Previous Owner Ecurb Investments Ii Llc $364,000
Closed Underwood James A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2023 04/13/23 Sold $113,750 -14.9% $61 / Sq Ft
12/16/2022 12/16/22 For Sale $133,700 -- $71 / 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 $3,924 $43,650 $6,420 $37,230
2023 $1,622 $43,650 $6,420 $37,230
2022 $1,631 $43,650 $6,420 $37,230
2021 $1,358 $34,050 $6,420 $27,630
2020 $1,303 $34,050 $6,420 $27,630
2019 $1,240 $34,050 $6,420 $27,630
2018 $979 $27,500 $6,420 $21,080
2017 $980 $25,530 $3,820 $21,710
2016 $955 $25,530 $3,820 $21,710
2015 $924 $23,970 $3,820 $20,150
2014 $881 $23,970 $3,820 $20,150
2013 $881 $23,970 $3,820 $20,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222044625

Columbus and Central Ohio Regional MLS

APN: 05-33163-500