NOT LISTED FOR SALE

408 Garfield Ave Unit A & B Lancaster, OH 43130

Estimated Value: $129,000 - $152,596

3 Beds
2 Baths
1,677 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $84,900 $51 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $953/month

28 Days on Market

About This Home

As of May 2020

If you're looking to buy a rental property, check this 2 family unit out! Newer carpet, siding and roof. First floor has L.R. dining room, kit, bath, one bedroom w/decorative f.p. and a smaller bedroom, office or nursery, plus a covered back porch to view the fenced yard. Top unit has huge rooms, L.R. bedroom, kit, bath & an attic area for storage. Property also has a 2 car garage & yard has wood privacy fence. The utilities are split for each unit. Both units are empty and easy to show. Property is in good shape and being sold ''as is, where is''

Last Agent to Sell the Property

KIMBERLY CUMBO

Key Realty License #2013002773 Listed on: 04/03/2020

Key Realty

Last Buyer's Agent

Megan Bell

Real of Ohio License #2011002252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • 1,677 Sq Ft Home
  • Duplex

Parking

  • 4 Car Detached Garage
  • Off-Street Parking: 1

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-31032-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,212

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.11
  • Co List Office Phone: 740-689-9090
  • MLS Status: Closed
  • Subdivision Name: Pioneer Add
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1677.0
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 4.0
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-31032-000
  • Lot Size Sq Ft: 4791.6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1212.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2025
Sold by
Brian Masters Investment Properties Llc
Bought by
Jepsen Ronald Wayne
Current Estimated Value
$137,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Outstanding Balance
$103,633
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$33,516

Purchase Details

Listed on
Apr 3, 2020
Closed on
May 21, 2020
Sold by
Thimmes Rentals Llc
Bought by
Brian Masters Investment Properties Llc
Seller's Agent
KIMBERLY CUMBO
Key Realty
Buyer's Agent
Megan Bell
Real of Ohio
List Price
$84,900
Sold Price
$84,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$67,920
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 30, 2015
Sold by
Thimmes Nancy L and Carrie B Thompson Revocable Tr
Bought by
Thimmes Rentals Llc
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
Jepsen Ronald Wayne $130,000 First Ohio Title
Brian Masters Investment Properties Llc $84,900 Valmer Land Title Agency
Thimmes Rentals Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jepsen Ronald Wayne $104,000
Previous Owner Brian Masters Investment Properties Llc $67,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2020 05/21/20 Sold $84,900 0.0% $51 / Sq Ft
03/07/2020 03/07/20 For Sale $84,900 -- $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 $2,671 $29,710 $5,390 $24,320
2023 $1,138 $29,710 $5,390 $24,320
2022 $1,140 $29,710 $5,390 $24,320
2021 $1,593 $39,210 $5,390 $33,820
2020 $1,530 $39,210 $5,390 $33,820
2019 $1,458 $39,210 $5,390 $33,820
2018 $1,212 $31,870 $5,390 $26,480
2017 $1,213 $31,350 $5,390 $25,960
2016 $1,182 $31,350 $5,390 $25,960
2015 $1,214 $31,500 $5,390 $26,110
2014 $1,158 $31,500 $5,390 $26,110
2013 $1,158 $31,500 $5,390 $26,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220007034

Columbus and Central Ohio Regional MLS

APN: 05-31032-000