Seller's Agent in 2024
Jeff Sauer
Rise Realty
(740) 503-2126
7 in this area
11 Total Sales
2501 N Memorial Dr Lancaster, OH 43130
2.45
Acres
--
Price per Acre
106,722
Sq Ft Lot
About This Lot
As of May 2024High visibility corner in the Lancaster Commercial Corridor. Prime 2.446-acre of land with 6240 SF building at Ety Road and N. Memorial Drive. Surrounded by automobile dealers, retailers, restaurants and various other businesses including Hugh White Chevrolet, Buckeye Honda, Giant Eagle, Walmart, Menards, Kohls and FMC Medical Facility.
Property Details
Property Type
- Land
Est. Annual Taxes
- $16,696
Year Built
- Built in 1990
Lot Details
- 2.45 Acre Lot
- Additional Parcels
Home Design
- 6,240 Sq Ft Home
- Frame Construction
Utilities
- Gas Available
Listing and Financial Details
- Assessor Parcel Number 06-30001-800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2023
Closed on
May 29, 2024
Sold by
Rcboco Brothers Llc
Bought by
Witten Commercial Llc
Seller's Agent
Jeff Sauer
Rise Realty
Buyer's Agent
Jeff Sauer
Rise Realty
List Price
$1,675,000
Sold Price
$1,280,000
Premium/Discount to List
-$395,000
-23.58%
Views
81
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,123
Interest Rate
7.17%
Purchase Details
Listed on
Jul 19, 2023
Closed on
May 17, 2024
Sold by
Rcboco Brothers Llc
Bought by
Witten Commercial Llc
Seller's Agent
Jeff Sauer
Rise Realty
Buyer's Agent
Jeff Sauer
Rise Realty
List Price
$1,675,000
Sold Price
$1,280,000
Premium/Discount to List
-$395,000
-23.58%
Views
81
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,062,123
Interest Rate
7.17%
Purchase Details
Listed on
Jul 10, 2021
Closed on
Jun 28, 2021
Sold by
2501 N Memorial Dr Llc
Bought by
Rcboco Brothers Llc
Seller's Agent
Jeffrey Sauer
Keller Williams Greater Cols
Buyer's Agent
Jeffrey Sauer
Keller Williams Greater Cols
List Price
$1,200,000
Sold Price
$1,200,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 17, 2006
Sold by
J & L Properties
Bought by
J & L Property Leasing Llc
Purchase Details
Closed on
Jan 21, 2004
Sold by
E L M Properties
Bought by
J & L Properties Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Witten Commercial Llc | $1,280,000 | Northwest Title | |
| Witten Commercial Llc | $1,280,000 | Northwest Title | |
| Rcboco Brothers Llc | $1,200,000 | None Available | |
| J & L Property Leasing Llc | -- | None Available | |
| J & L Properties Inc | $1,330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Witten Commercial Llc | $1,062,123 | |
| Open | Witten Commercial Llc | $1,592,000 | |
| Closed | Witten Commercial Llc | $1,592,000 | |
| Previous Owner | Rcboco Brothers Llc | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $1,280,000 | -23.6% | $205 / Sq Ft | |
| 04/28/2023 04/28/23 | For Sale | $1,675,000 | +39.6% | $268 / Sq Ft | |
| 07/10/2021 07/10/21 | Sold | $1,200,000 | 0.0% | $192 / Sq Ft | View Prior Sale |
| 07/10/2021 07/10/21 | Pending | -- | -- | -- | |
| 07/10/2021 07/10/21 | For Sale | $1,200,000 | -- | $192 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
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 |
|---|---|---|---|---|
| 2025 | $28,141 | $399,060 | $266,060 | $133,000 |
| 2024 | $28,141 | $274,010 | $204,660 | $69,350 |
| 2023 | $16,577 | $274,010 | $204,660 | $69,350 |
| 2022 | $16,696 | $274,010 | $204,660 | $69,350 |
| 2021 | $16,123 | $274,010 | $204,660 | $69,350 |
| 2020 | $14,257 | $249,600 | $180,250 | $69,350 |
| 2019 | $13,760 | $249,600 | $180,250 | $69,350 |
| 2018 | $20,730 | $382,980 | $209,130 | $173,850 |
| 2017 | $20,649 | $382,980 | $209,130 | $173,850 |
| 2016 | $19,893 | $382,980 | $209,130 | $173,850 |
| 2015 | -- | $278,900 | $209,130 | $69,770 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Sauer
-
Carol Sauer
Seller Co-Listing Agent in 2024
Carol Sauer
Rise Realty
(740) 215-3114
30 in this area
55 Total Sales
-
J
Seller's Agent in 2021
Jeffrey Sauer
Keller Williams Greater Cols
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223012013
APN: 06-30001-800
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