NOT LISTED FOR SALE

210 Marks Ave Lancaster, OH 43130

-- Bed
-- Bath
3,600 Sq Ft
7,841 Sq Ft Lot

Last Sold September 13, 2019

Last sale price $210,000 $58 Per Sq Ft

4 Days on Market

About This Home

As of September 2019

This is a property that will be very productive for your portfolio. A 4 unit apartment building, each unit 1 bedroom, with a garage & laundry with plenty of storage. This property is ready for your investment and dividends. 2018 – all new HVAC ($17K), property has produced incomes over $20K last two of three years. Location convenient to Fairfield County Fairgrounds, shopping, parks & north side of Lancaster.

Last Agent to Sell the Property

Allan Anderson

Howard Hanna Real Estate Servc License #2006007358 Listed on: 08/19/2019

Last Buyer's Agent

Allan Anderson

Anderson & Co., Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1950

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • 3,600 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Parking

  • 8 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 05-32103-400

Community Details

Overview

  • 4 Units
  • Mid-Rise Condominium

Building Details

  • Water Sewer Expense $2,100
  • Operating Expense $7,600
  • Gross Income $24,000
  • Net Operating Income $16,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,826

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1950
  • Tax Year: 2018
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.18
  • Total Gross Income: 24000.0
  • Co List Office Phone: 740-689-9090
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 62.22
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 24000.0
  • Annual Expenses: 7600.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3600.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 8.0
  • Parking Features Detached Garage2: Yes
  • Parking Features Garage Door Opener: Yes
  • Parking Features 4 Car Garage2: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 2100.0

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-32103-400
  • Lot Size Sq Ft: 7840.8
  • Additional Parcels: No
  • Zoning Description: Comm

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 16400.0
  • Annual Operating Expense: 7600.0

Tax Info

  • Tax Annual Amount: 2826.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $210,000 -6.3% $58 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $224,000 -- $62 / 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 $5,146 $57,240 $14,240 $43,000
2023 $3,023 $59,430 $14,240 $45,190
2022 $3,048 $59,430 $14,240 $45,190
2021 $3,009 $57,060 $11,870 $45,190
2020 $2,910 $57,060 $11,870 $45,190
2019 $2,794 $57,060 $11,870 $45,190
2018 $2,826 $57,060 $11,870 $45,190
2017 $2,811 $58,960 $13,840 $45,120
2016 $2,716 $58,960 $13,840 $45,120
Source: Public Records

Agents Affiliated with this Home

  • Allan Anderson

    Seller's Agent in 2019

    Allan Anderson

    Howard Hanna Real Estate Servc

    (740) 503-0452

    32 in this area

    47 Total Sales

    Allan Anderson
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219031235

Columbus and Central Ohio Regional MLS

APN: 053-21034.00

Ohio Fairfield County Lancaster 43130

210 Marks Ave, Lancaster, OH

Not Listed for Sale

MultiFamily

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