NOT LISTED FOR SALE

245 E 6th Ave Lancaster, OH 43130

Estimated Value: $164,000 - $180,000

4 Beds
2 Baths
2,102 Sq Ft
$83/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $110,000 $52 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,198/month

43 Days on Market

About This Home

As of April 2021

Side by side double. One tenant has been there several years. Both tenants have stated they would like to stay. Property needs some TLC. Curb offers only. Property is being sold AS-IS. Do not disturb tenants. Total expenses and net income are estimates and may not be 100% accurate.

Last Agent to Sell the Property

Eric Brunney

Revolution Realty LLC License #2014003737 Listed on: 03/16/2021

Last Buyer's Agent

Eric Brunney

Revolution Realty LLC License #2014003737 Listed on: 03/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,102 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 05-33042-300

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,250
  • Gross Income $14,100
  • Net Operating Income $11,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,247

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Total Gross Income: 14100.0
  • Co List Office Phone: 614-834-8000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 54.66
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 14100.0
  • Annual Expenses: 2250.0
  • General Property Info Building Sq Ft: 2102.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33042-300
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11850.0
  • Annual Operating Expense: 2250.0

Tax Info

  • Tax Annual Amount: 1247.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 28, 2021
Sold by
Brunney John A and Brunney Theresa
Bought by
737 Lewis Llc
Seller's Agent
Eric Brunney
Revolution Realty LLC
Buyer's Agent
Eric Brunney
Revolution Realty LLC
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%
Current Estimated Value
$174,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,241
Avg. Annual Appreciation
10.33%
Original Mortgage
$82,500
Outstanding Balance
$74,606
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$99,635

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 21, 2021
Sold by
Kennedy Paul F and Kennedy Terrye
Bought by
Brunney John A and Brunney Theresa
Seller's Agent
Eric Brunney
Revolution Realty LLC
Buyer's Agent
Eric Brunney
Revolution Realty LLC
List Price
$114,900
Sold Price
$110,000
Premium/Discount to List
-$4,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$74,606
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$99,635

Purchase Details

Closed on
Mar 12, 2004
Sold by
Kenwill Management
Bought by
Kennedy Paul F and Kennedy Terrye

Purchase Details

Closed on
Jan 28, 1993
Sold by
Kennedy Paul F
Bought by
Kenwell Management

Purchase Details

Closed on
Feb 1, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
737 Lewis Llc -- None Available
Brunney John A $110,000 None Available
Kennedy Paul F $61,000 --
Kenwell Management -- --
-- $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brunney John A $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $110,000 -4.3% $52 / Sq Ft
03/15/2021 03/15/21 For Sale $114,900 -- $55 / 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 $3,461 $38,500 $7,180 $31,320
2023 $1,431 $38,500 $7,180 $31,320
2022 $1,439 $38,500 $7,180 $31,320
2021 $1,241 $31,110 $7,180 $23,930
2020 $397 $31,110 $7,180 $23,930
2019 $1,133 $31,110 $7,180 $23,930
2018 $476 $31,280 $7,180 $24,100
2017 $1,190 $31,010 $6,910 $24,100
2016 $1,160 $31,010 $6,910 $24,100
2015 $1,154 $29,940 $6,910 $23,030
2014 $1,100 $29,940 $6,910 $23,030
2013 $1,100 $29,940 $6,910 $23,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221007393

Columbus and Central Ohio Regional MLS

APN: 05-33042-300