NOT LISTED FOR SALE

2523 W Fair Ave Lancaster, OH 43130

Estimated Value: $423,783 - $451,000

3 Beds
2 Baths
2,294 Sq Ft
$191/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $425,000 $185 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,186/month

21 Days on Market

Highlights

  • 0.47 Acre Lot
  • Ranch Style House
  • Great Room
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of May 2024

This beautiful custom ranch home sits on almost a half acre of land. From the moment you pull in the drive you will be amazed! The front entry opens to a lovely dinning room on one side and a home office on the other. The glowing wood floors are stunning. Great room with gas fireplace is a great place to relax and enjoy the evening. The owners suit with double closets is located to the right of the hall and the two spare bedrooms are to the left. This home has beautiful woodwork thru out. The kitchen has plenty of space for dinning in or at the counter with stools. Double oven is perfect for those who love to cook. Large laundry on the first floor. Full basement with bath rough in. Composite deck overlooks the spacious backyard that is almost a half acre.

Last Agent to Sell the Property

Cara Young

Coldwell Banker Realty License #2011001658 Listed on: 03/08/2024

Coldwell Banker Realty

Last Buyer's Agent

Teri Gilmore

Red 1 Realty License #2004004705

Red 1 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,469

Year Built

  • Built in 2006

Lot Details

  • 0.47 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Block Exterior

Interior Spaces

  • 2,294 Sq Ft Home
  • Gas Log Fireplace
  • Great Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-31352-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,469

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 2006
  • Tax Year: 2022
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Fenced
  • Lot Size Acres: 0.47
  • Co List Office Phone: 614-759-0808
  • MLS Status: Closed
  • Subdivision Name: Misty Meadows
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Realist
  • Reso Fireplace Features: Gas Log
  • Reso Interior Features: Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Amenities Microwave: Yes
  • Foundation:Poured: Yes
  • Water Source Public Water Source: Yes
  • Interior Amenities Dishwasher: Yes
  • Exterior Brick: Yes
  • Interior Amenities Electric Water Heater: Yes
  • Exterior:Block2: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 1st Flr Laundry: Yes
  • Fencing Fenced Yard: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 2
  • Basement: Full
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Great Room: 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Wood, Carpet
  • Main Level Bedrooms: 3
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas Log: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Poured
  • Patio And Porch Features: Deck
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached Garage
  • Parking Features 2 Car Garage: Yes
  • Parking Features Attached Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-31352-000
  • Lot Size Sq Ft: 20473.2
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 4469.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 17, 2024
Sold by
Mallory William E and Mallory Laura L
Bought by
Kuhn Wade and Mclaughlin Olivia
Seller's Agent
Cara Young
Coldwell Banker Realty
Buyer's Agent
Teri Gilmore
Red 1 Realty
List Price
$428,900
Sold Price
$425,000
Premium/Discount to List
-$3,900
-0.91%
Views
86
Current Estimated Value
$437,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,446
Avg. Annual Appreciation
2.01%
Original Mortgage
$391,737
Outstanding Balance
$386,244
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$51,202

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 16, 2024
Sold by
Mallory William E and Mallory Laura L
Bought by
Kuhn Wade and Mclaughlin Olivia
Seller's Agent
Cara Young
Coldwell Banker Realty
Buyer's Agent
Teri Gilmore
Red 1 Realty
List Price
$428,900
Sold Price
$425,000
Premium/Discount to List
-$3,900
-0.91%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,737
Outstanding Balance
$386,244
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$51,202

Purchase Details

Closed on
Oct 27, 2005
Sold by
Rockmill Development Corp
Bought by
Mallory William E and Mallory Laura L
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Kuhn Wade $425,000 Valmer Land Title
Kuhn Wade $425,000 Valmer Land Title
Mallory William E $39,500 Stewart Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhn Wade $391,737
Closed Kuhn Wade $391,737
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $425,000 +1.2% $185 / Sq Ft
03/23/2024 03/23/24 Price Changed $419,900 -2.1% $183 / Sq Ft
03/07/2024 03/07/24 For Sale $428,900 -- $187 / 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 $10,749 $119,570 $20,440 $99,130
2023 $4,349 $119,570 $20,440 $99,130
2022 $4,469 $119,570 $20,440 $99,130
2021 $3,647 $91,450 $17,100 $74,350
2020 $3,498 $91,450 $17,100 $74,350
2019 $3,330 $91,450 $17,100 $74,350
2018 $3,195 $83,320 $18,960 $64,360
2017 $3,197 $83,320 $18,960 $64,360
2016 $3,116 $83,320 $18,960 $64,360
2015 $3,101 $80,470 $18,960 $61,510
2014 $2,958 $80,470 $18,960 $61,510
2013 $2,958 $80,470 $18,960 $61,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224006649

Columbus and Central Ohio Regional MLS

APN: 05-31352-000