NOT LISTED FOR SALE

437 Harrison Ave Lancaster, OH 43130

Estimated Value: $139,000 - $194,000

4 Beds
2 Baths
1,524 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $65,000 $43 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,098/month

14 Days on Market

About This Home

As of December 2019

Two unit building in great Lancaster location. Both tenants are month to month. Units are leased less than market value at $415 and $400. Room to go up. Building in overall good condition. Some updates might be desired by new owner. Tenants pay on time every month and have been exceptional tenants. No leases currently in place.

Last Agent to Sell the Property

John Houk

The Brokerage House License #2013002344 Listed on: 10/29/2019

Last Buyer's Agent

Megan Bell

Real of Ohio License #2011002252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $885

Year Built

  • Built in 1910

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • 1,524 Sq Ft Home
  • Duplex

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-31051-100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$885

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.08
  • Co List Office Phone: 614-488-0707
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 45.87
  • Remarks Misc Hot Sheet Comments: new
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1524.0
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-31051-100
  • Lot Size Sq Ft: 3484.8

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 885.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Brian Masters Investment Properties Llc
Bought by
Farris Acquisitions Llc
Current Estimated Value
$168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 30, 2019
Sold by
Narine Rajendra and Saporita Meghan
Bought by
Brian Masters Investments Properties Llc
Seller's Agent
John Houk
The Brokerage House
Buyer's Agent
Megan Bell
Real of Ohio
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.09%

Purchase Details

Closed on
Jun 1, 2017
Sold by
M & L Investment
Bought by
Narine Rajendra

Purchase Details

Listed on
Jan 25, 2017
Closed on
Mar 30, 2017
Sold by
M & L Investments
Bought by
Narene Rajendra
Seller's Agent
Benjamin Goodman
The Brokerage House
Buyer's Agent
John Houk
The Brokerage House
List Price
$59,970
Sold Price
$48,500
Premium/Discount to List
-$11,470
-19.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%

Purchase Details

Closed on
Aug 17, 1993
Sold by
Wolfe James
Bought by
Wolfe James W
Source: Public Records
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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
Farris Acquisitions Llc $615,000 First Ohio Title Insurance
Brian Masters Investments Properties Llc $65,000 None Available
Narine Rajendra -- None Available
Narene Rajendra $48,500 Landsel Title Agency Llc
Wolfe James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farris Acquisitions Llc $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2019 12/30/19 Sold $65,000 -7.0% $43 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $69,900 +44.1% $46 / Sq Ft
03/30/2017 03/30/17 Sold $48,500 -19.1% $32 / Sq Ft View Prior Sale
02/28/2017 02/28/17 Pending -- -- --
04/20/2016 04/20/16 For Sale $59,970 -- $39 / 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 $2,630 $29,250 $4,460 $24,790
2023 $1,116 $29,250 $4,460 $24,790
2022 $1,118 $29,250 $4,460 $24,790
2021 $884 $21,540 $4,460 $17,080
2020 $849 $21,540 $4,460 $17,080
2019 $809 $21,540 $4,460 $17,080
2018 $885 $22,860 $4,460 $18,400
2017 $886 $22,860 $4,460 $18,400
2016 $863 $22,860 $4,460 $18,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219040856

Columbus and Central Ohio Regional MLS

APN: 05-31051-100