NOT LISTED FOR SALE

4383 Lancaster Ave Obetz, OH 43207

Far South Neighborhood

Estimated Value: $225,000 - $272,000

4 Beds
2 Baths
1,945 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $213,750 $110 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,676/month

25 Days on Market

About This Home

As of January 2023

Single Family Home and an attached 1 bedroom apartment with separate entrance! Currently being used as a rental property for both homes - tenant occupied on month to month terms- Tenants can be vacated before you move in. Newer furnaces in each. Electric and Gas are separated, water is 1 bill - tenants pay all utilities. Live here and lease out the 1 bed unit or use it as a guest house or an ''in-law suite''. Tenant occupied - DO NOT disturb tenants. Allow 24 hours notice for all showings. Serious Inquiries only!

Last Agent to Sell the Property

Stacey Plybon

Red 1 Realty License #2017005832 Listed on: 11/10/2022

Red 1 Realty

Last Buyer's Agent

Don Cary

Horizons Asset Management, LLC License #0700214223

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,244

Year Built

  • Built in 1936

Lot Details

  • 0.29 Acre Lot

Parking

  • Garage

Home Design

  • 1,945 Sq Ft Home
  • Duplex

Listing and Financial Details

  • Assessor Parcel Number 152-000518

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,244
  • Gross Income $18,600
  • Net Operating Income $16,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,244

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1936
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.29
  • Total Gross Income: 18600.0
  • Co List Office Phone: 614-485-3100
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 18600.0
  • Annual Expenses: 2244.0
  • General Property Info Building Sq Ft: 1945.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features 2 Car Garage2: Yes

Utilities

  • Sewer: Public Sewer

Schools

  • Junior High Dist: HAMILTON LSD 2505 FRA CO.

Lot Info

  • Parcel Number: 152-000518
  • Lot Size Sq Ft: 12632.4

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 16356.0
  • Annual Operating Expense: 2244.0

Tax Info

  • Tax Annual Amount: 2244.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
Jones Robert M
Bought by
Robert M Jones Living Trust and Jones
Current Estimated Value
$254,520

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 22, 2022
Sold by
Rocky Springs Properties Llc
Bought by
Jones Robert M
Seller's Agent
Stacey Plybon
Red 1 Realty
Buyer's Agent
Don Cary
Horizons Asset Management, LLC
List Price
$244,900
Sold Price
$213,750
Premium/Discount to List
-$31,150
-12.72%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Jun 9, 2021
Sold by
Mastin Jonathan and Mastin Kristy
Bought by
Rocky Springs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 2019
Sold by
Mastin Diana
Bought by
Mastin Jonathan and Mastin Kristy

Purchase Details

Closed on
Sep 27, 2013
Sold by
Jones Robert M
Bought by
Mastin Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2006
Sold by
Jones Wilda
Bought by
Jones Robert M

Purchase Details

Closed on
May 11, 2006
Sold by
Jones Robert M and Jones Diana L
Bought by
Jones Wilda

Purchase Details

Closed on
May 11, 1993
Bought by
Jones Robert M

Purchase Details

Closed on
Oct 1, 1985
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
Robert M Jones Living Trust -- None Listed On Document
Jones Robert M $213,800 Bridge Title & Escrow Services
Rocky Springs Properties Llc -- None Available
Mastin Jonathan -- None Available
Mastin Diana $110,000 Amerititle Box
Jones Robert M -- None Available
Jones Wilda -- None Available
Jones Robert M $82,000 --
-- $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rocky Springs Properties Llc $131,250
Previous Owner Rocky Springs Properties Llc $131,250
Previous Owner Mastin Diana $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $213,750 -12.7% $110 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $244,900 -- $126 / 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 $3,395 $71,130 $18,520 $52,610
2023 $3,356 $70,530 $18,520 $52,010
2022 $2,214 $39,410 $4,480 $34,930
2021 $2,244 $39,410 $4,480 $34,930
2020 $2,286 $39,410 $4,480 $34,930
2019 $2,054 $31,500 $3,570 $27,930
2018 $2,113 $31,500 $3,570 $27,930
2017 $2,071 $31,500 $3,570 $27,930
2016 $2,116 $30,420 $6,480 $23,940
2015 $2,015 $30,420 $6,480 $23,940
2014 $1,956 $30,420 $6,480 $23,940
2013 $769 $33,775 $7,175 $26,600
Source: Public Records

Agents Affiliated with this Home

  • Stacey Plybon

    Seller's Agent in 2023

    Stacey Plybon

    Red 1 Realty

    (614) 778-4269

    10 in this area

    38 Total Sales

    Section Image
  • Don Cary

    Buyer's Agent in 2023

    Don Cary

    Horizons Asset Management, LLC

    (614) 496-7924

    6 in this area

    12 Total Sales

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222041574

Columbus and Central Ohio Regional MLS

APN: 152-000518

Ohio Franklin County Obetz 43207 Obetz-Lockbourne

4383 Lancaster Ave, Obetz, OH

This home is located at 4383 Lancaster Ave, Obetz, OH 43207 since 10 November 2022 and is currently estimated at $252,935, approximately $130 per square foot. This property was built in 1936. 4383 Lancaster Ave is a home located in Franklin County with nearby schools including Hamilton Elementary School, Hamilton Intermediate School, and Hamilton Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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