NOT LISTED FOR SALE

2190 Lancaster Newark Rd NE Lancaster, OH 43130

Estimated Value: $180,000 - $416,212

6 Beds
6 Baths
3,476 Sq Ft
$99/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $252,500 $73 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,154/month

41 Days on Market

Highlights

  • Window Unit Cooling System
  • Garage
  • Radiant Heating System

About This Home

As of August 2019

GREAT LOCATION FOR A MULTI FAMILY!
Low Maintenance FULLY RENTED - NEW ROOF MAY 2019, Freshly Painted Soffit - NEWER GARAGE DOORS - ,EXTERIOR & STORM DOORS, 5-NEWER HWH, Seller has only had 1 turnover in renters since he has owned property -- 2 Brick Buildings ( 3 Units per Bldg) 6 Garages - Coin Laundry onsite - Well & Septic --Septic pumped April 2019

Last Agent to Sell the Property

Tonya Carroll

Red 1 Realty License #427739 Listed on: 07/26/2019

Red 1 Realty

Last Buyer's Agent

Mike Publicover

Real Estate Opportunity License #2015002345

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1966

Lot Details

  • 1.8 Acre Lot

Parking

  • Garage

Home Design

  • 3,476 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Well

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 02-70005-800

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $53
  • Insurance Expense $1,441
  • Operating Expense $5,944
  • Gross Income $33,960
  • Net Operating Income $28,000

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,968

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1966
  • Tax Year: 2018
  • Property Sub-Type: Apartment
  • Lot Size Acres: 1.8
  • Total Gross Income: 33960.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Income Expenses Gross Income: 33960.0
  • Annual Expenses: 5944.0
  • General Property Info Building Sq Ft: 3476.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Trash2: Yes
  • Miscellaneous Garages: Yes
  • Water Source Well5: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features 5 Car Garage2: Yes

Utilities

  • Cooling Y N: Yes
  • Water Source: Well
  • Heating:Radiant: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 02-70005-800
  • Lot Size Sq Ft: 78408.0

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 53.0
  • Insurance Expense: 1441.0
  • Net Operating Income: 28000.0
  • Annual Operating Expense: 5944.0

Tax Info

  • Tax Annual Amount: 2968.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Aug 30, 2019
Sold by
Crb Rentals Llc
Bought by
Miller Home Solutions Llc
Seller's Agent
Tonya Carroll
Red 1 Realty
Buyer's Agent
Mike Publicover
Real Estate Opportunity
List Price
$275,000
Sold Price
$252,500
Premium/Discount to List
-$22,500
-8.18%
Current Estimated Value
$344,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,303
Avg. Annual Appreciation
5.19%
Original Mortgage
$202,000
Outstanding Balance
$156,533
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$188,270

Purchase Details

Closed on
Jan 17, 2013
Sold by
Belmont Joe and Belmont Joe
Bought by
Crb Rentals Llc

Purchase Details

Closed on
Nov 7, 2011
Sold by
Skidmore Rose Maureen
Bought by
Belmont Joe and Belmont Karla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Miller Home Solutions Llc $252,500 Northwest Ttl Fam Of Compani
Crb Rentals Llc -- None Available
Belmont Joe $185,000 Lanco Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Home Solutions Llc $202,000
Previous Owner Belmont Joe $116,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $252,500 -8.2% $73 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $275,000 0.0% $79 / Sq Ft
07/25/2019 07/25/19 Price Changed $275,000 -8.0% $79 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
06/16/2019 06/16/19 For Sale $299,000 -- $86 / 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 $10,408 $107,190 $29,800 $77,390
2023 $4,403 $107,190 $29,800 $77,390
2022 $4,458 $107,190 $29,800 $77,390
2021 $3,629 $84,840 $27,090 $57,750
2020 $3,492 $84,840 $27,090 $57,750
2019 $3,336 $84,840 $27,090 $57,750
2018 $2,969 $71,320 $27,090 $44,230
2017 $2,970 $71,320 $27,090 $44,230
2016 $2,759 $71,320 $27,090 $44,230
2015 $2,768 $69,390 $27,090 $42,300
2014 $2,644 $69,390 $27,090 $42,300
2013 $2,644 $69,390 $27,090 $42,300
Source: Public Records

Agents Affiliated with this Home

  • Tonya Carroll

    Seller's Agent in 2019

    Tonya Carroll

    Red 1 Realty

    (740) 756-4049

    18 Total Sales

    Tonya Carroll
    Section Image
  • Mike Publicover

    Buyer's Agent in 2019

    Mike Publicover

    Real Estate Opportunity

    (614) 452-5289

    22 Total Sales

    Mike Publicover
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219021600

Columbus and Central Ohio Regional MLS

APN: 02-70005-800

Ohio Fairfield County Lancaster 43130

2190 Lancaster Newark Rd NE, Lancaster, OH

This home is located at 2190 Lancaster Newark Rd NE, Lancaster, OH 43130 since 26 July 2019 and is currently estimated at $344,803, approximately $99 per square foot. This property was built in 1966. 2190 Lancaster Newark Rd NE is a home located in Fairfield County with nearby schools including Medill Elementary School, Thomas Ewing Junior High School, and Lancaster High 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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