NOT LISTED FOR SALE

219 W 5th Ave Lancaster, OH 43130

Estimated Value: $148,639 - $202,000

2 Beds
2 Baths
1,308 Sq Ft
$135/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $179,000 $137 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,155/month

46 Days on Market

About This Home

As of April 2022

Great investment opportunity! Three rental units with a total monthly rental income of $1700.00. All tenants are month-to-month. 219 and 219 1/2 are a 1 BR and 2 BR double, 219 Rear is a 1 BR house with a garage that could be rented as storage units. 219 has been updated and 219 1/2 has a new furnace. 219 (One bedroom) rents for $650/m, 219 1/2 (Two bedroom) for $500 and 219 Rear (One bedroom) for $550.
***Please see A2A comments***

Last Agent to Sell the Property

Tony Caito

Coldwell Banker Realty License #2010002501 Listed on: 02/14/2022

Coldwell Banker Realty

Last Buyer's Agent

Audrey Barr

CRT, Realtors License #2022000998

CRT, Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 1,308 Sq Ft Home
  • Mixed Use

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05-32028-400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,019

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.12
  • Co List Office Phone: 614-239-0808
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 168.12
  • Remarks Misc Hot Sheet Comments: new
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1308.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-32028-400
  • Lot Size Sq Ft: 5227.2
  • Zoning Description: R 2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1019.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 18, 2022
Sold by
Paul T Whitaker Trust
Bought by
Spengler Investment Group Llc
Seller's Agent
Tony Caito
Coldwell Banker Realty
Buyer's Agent
Audrey Barr
CRT, Realtors
List Price
$219,900
Sold Price
$179,000
Premium/Discount to List
-$40,900
-18.6%
Current Estimated Value
$176,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,840
Avg. Annual Appreciation
-0.43%
Original Mortgage
$131,000
Outstanding Balance
$115,589
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$60,571
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
Spengler Investment Group Llc $179,000 Valmer Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spengler Investment Group Llc $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $179,000 -18.6% $137 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $219,900 -- $168 / 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 $2,806 $31,210 $4,590 $26,620
2023 $1,160 $31,210 $4,590 $26,620
2022 $1,167 $31,210 $4,590 $26,620
2021 $1,019 $25,560 $4,590 $20,970
2020 $978 $25,560 $4,590 $20,970
2019 $931 $25,560 $4,590 $20,970
2018 $892 $23,880 $4,590 $19,290
2017 $893 $23,260 $3,970 $19,290
2016 $870 $23,260 $3,970 $19,290
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tony Caito

    Coldwell Banker Realty

    (740) 215-6060

    6 in this area

    36 Total Sales

    Tony Caito
    Section Image
  • Audrey Barr

    Buyer's Agent in 2022

    Audrey Barr

    CRT, Realtors

    (740) 974-2973

    32 in this area

    88 Total Sales

    Audrey Barr
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222004163

Columbus and Central Ohio Regional MLS

APN: 05-32028-400

Ohio Fairfield County Lancaster 43130

219 W 5th Ave, Lancaster, OH

Not Listed for Sale

MultiFamily

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