NOT LISTED FOR SALE

320 S Broad St Lancaster, OH 43130

8 Beds
8 Baths
4,380 Sq Ft
6,534 Sq Ft Lot

Last Sold December 09, 2020

Last sale price $230,000 $53 Per Sq Ft

1 Day on Market

About This Home

As of December 2020

Multi Family 4 unit building close to the bypass. new foam roof 2019, new paint in one unit 2020. Some new flooring. One 1 bedroom and three 2 bedroom units. All utilities are separated. Gross income per year is $31,440.00. Close to downtown. All units are rented. Over 4300 square foot building. Priced below income approach. Off street parking and comes with additional parcel for parking. Basement/cellar for storage. Close to schools, shopping, restaurants. All units furnished with appliances.

Last Agent to Sell the Property

Melissa Frank

Century 21 Darfus Realty License #2005016620 Listed on: 10/13/2020

Century 21 Darfus Realty

Last Buyer's Agent

Nathan Yolles

Keller Williams Greater Cols License #2019002346

Keller Williams Greater Cols

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,657

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • 4,380 Sq Ft Home
  • Mixed Use
  • Vinyl Siding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 05-35061-100

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $31,440
  • Net Operating Income $29,783

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,657

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.15
  • Total Gross Income: 31440.0
  • Co List Office Phone: 740-687-1011
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 61.64
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 31440.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 4380.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35061-100
  • Lot Size Sq Ft: 6534.0
  • Additional Parcels Description: 0535063410
  • Zoning Description: Multi Family

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 29783.0

Tax Info

  • Tax Annual Amount: 1657.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2020 12/09/20 Sold $230,000 -14.8% $53 / Sq Ft
10/13/2020 10/13/20 Price Changed $270,000 +20.1% $62 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $224,900 -- $51 / 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 $7,096 $78,930 $12,570 $66,360
2023 $4,014 $78,930 $12,570 $66,360
2022 $4,048 $78,930 $12,570 $66,360
2021 $4,163 $78,930 $12,570 $66,360
2020 $1,622 $45,510 $7,250 $38,260
2019 $2,485 $68,240 $7,250 $60,990
2018 $1,759 $54,050 $7,250 $46,800
2017 $1,760 $45,860 $7,250 $38,610
2016 $1,715 $45,860 $7,250 $38,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220035563

Columbus and Central Ohio Regional MLS

APN: 053-50611.00