NOT LISTED FOR SALE

501 E Lomar Ave Franklin, OH 45005

Estimated Value: $206,000 - $237,645

3 Beds
1 Bath
1,719 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $170,000 $99 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,365/month

11 Days on Market

Highlights

  • No HOA
  • Bathroom on Main Level
  • Baseboard Heating
  • 1 Car Attached Garage
  • Central Air
  • Wood Burning Fireplace

About This Home

As of October 2022

Priced under value!!! Rare find. Ranch with 3 bedrooms and full basement on a quiet street. Potential investment property or upside opportunity with Rehab Loan. Priced below appraisal. Call for details.

Last Agent to Sell the Property

Ryan Riddell

Keller Williams Community Part License #0000418176 Listed on: 08/29/2022

Keller Williams Community Part

Last Buyer's Agent

Brandy Gibbs

Coldwell Banker Realty License #2018005813

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,352

Year Built

  • 1964

Lot Details

  • 0.48 Acre Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Central Air
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association
  • Hillcrest Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01331510190

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,352

Year Built

1964

Lot Details

0

Parking

1

Listing Details

  • Cooling System: Central Air
  • Property Sub Type: Single Family Residence
  • Year Built: 1964
  • Lot Size Acres: 0.4753
  • Co List Office Phone: (937) 530-4904
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Fireplace Features: Wood Burning
  • Living Area: 1719.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Basement: Full, Walk-Out Access
  • Garage Spaces: 1.0
  • Levels: One
  • Property Type: Residential
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Main Level Bathrooms: 1
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, One Car Garage

Utilities

  • Heating: Baseboard
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Carlisle

Lot Info

  • Lot Dimensions: .
  • Lot Size Sq Ft: 20705.0
  • Parcel Number: 01331510190
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 12, 2022
Sold by
Porter Brenda S
Bought by
Gardner James Luke
Seller's Agent
Ryan Riddell
Keller Williams Community Part
Buyer's Agent
Brandy Gibbs
Coldwell Banker Realty
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$213,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,473
Avg. Annual Appreciation
7.74%
Original Mortgage
$166,920
Outstanding Balance
$161,222
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$48,720

Purchase Details

Closed on
Aug 4, 2008
Sold by
Estate Of Cecil H Porter
Bought by
Porter Brenda S
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
Gardner James Luke $170,000 --
Porter Brenda S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner James Luke $166,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $170,000 -2.9% $99 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $175,000 -- $102 / Sq Ft
Source: Dayton REALTORS®

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 $2,352 $59,960 $14,540 $45,420
2023 $2,286 $43,823 $9,086 $34,737
2022 $1,483 $43,824 $9,086 $34,738
2021 $1,432 $43,824 $9,086 $34,738
2020 $1,328 $37,139 $7,700 $29,439
2019 $1,348 $37,139 $7,700 $29,439
2018 $1,352 $37,139 $7,700 $29,439
2017 $1,223 $32,484 $6,843 $25,641
2016 $1,069 $32,484 $6,843 $25,641
2015 $1,072 $32,484 $6,843 $25,641
2014 $1,058 $32,480 $6,840 $25,640
2013 $1,054 $40,610 $8,550 $32,060
Source: Public Records

Agents Affiliated with this Home

  • Ryan Riddell

    Seller's Agent in 2022

    Ryan Riddell

    Keller Williams Community Part

    (937) 608-1234

    15 in this area

    381 Total Sales

    Section Image
  • Brandy Gibbs

    Buyer's Agent in 2022

    Brandy Gibbs

    Coldwell Banker Realty

    (513) 649-5457

    1 in this area

    56 Total Sales

    Section Image
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Map

Source: Dayton REALTORS®

MLS Number: 872545

Dayton REALTORS®

APN: 1808435

Ohio Warren County Franklin 45005

501 E Lomar Ave, Franklin, OH

This home is located at 501 E Lomar Ave, Franklin, OH 45005 since 29 August 2022 and is currently estimated at $215,411, approximately $125 per square foot. This property was built in 1964. 501 E Lomar Ave is a home located in Warren County with nearby schools including Alden R Brown Elementary School, Chamberlain Middle School, and Carlisle High 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.

Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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