NOT LISTED FOR SALE

501 E Lomar Ave Franklin, OH 45005

Estimated Value: $195,000 - $226,260

3 Beds
1 Bath
1,719 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2022

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

Est. 22% increase in value since last sale

Current estimated payment $1,320 / mo

7 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • Game Room
  • Alden R Brown Elementary School Rated 9+
  • No HOA
  • Home Office

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: 08/30/2022

Keller Williams Community Part

Last Buyer's Agent

Brandy Gibbs

Coldwell Banker Heritage License #2018005813

Coldwell Banker Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1964

Lot Details

  • 20,704 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,719 Sq Ft Home
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Home Office
  • Game Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association
  • Hillcrest Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,432

Year Built

Built in 1964

Lot Details

0.48 Acres

Parking

1

Listing Details

  • Cooling: Central Air
  • Heating: Baseboard
  • Zoning: Residential
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 1144.0
  • Architecture: Ranch
  • Full Bathrooms: 1
  • Bedrooms: 3
  • Directions: 123 to W. Lomar Ave.
  • GarageYN: Yes
  • Lot Measurement: Square Feet
  • Showing Start Date: 2022-08-27
  • Ownership: Consumer
  • Property Subtype 1: Single Family Residence
  • Street Direction: E
  • StructureType: Detached Home
  • Suburb (SIC): Hillcrest Acres
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Property Type: Residential
  • Basement: Full, Walk Out Access
  • Levels: One
  • Total Bathrooms: 1
  • Fireplace: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1719.0
  • Lot Size Area: 20704.0
  • Street Number Modifier: 501

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Other
  • Listing Price: 170000.0
  • Acres: 0.4753
  • New Construction: No

Garage/Parking

  • Garage Spaces: 1.0
  • Parking: Attached

Utilities

  • Sewer: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • HOA Yes/No: No

Schools

  • District: Carlisle Local SD

Lot Info

  • Lot Dimensions: .
  • Lot Size Sq Ft: 20704.0
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Verification: No

Tax Info

  • Tax Annual Amount: 1432.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Oct 12, 2022
Sold by
Bought by
Seller's Agent
Ryan Riddell
Keller Williams Community Part
Buyer's Agent
Brandy Gibbs
Coldwell Banker Heritage
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Views
56
Current Estimated Value
$208,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,065
Avg. Annual Appreciation
5.63%
Original Mortgage
$166,920
Outstanding Balance
$159,349
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$48,716

Purchase Details

Closed on
Aug 4, 2008
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$170,000 --
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $170,000 -2.9% $99 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $175,000 -- $102 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,352 $59,960 $14,540 $45,420
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) 865-0100

    349 Total Sales

    Ryan Riddell
    Section Image
  • Brandy Gibbs

    Buyer's Agent in 2022

    Brandy Gibbs

    Coldwell Banker Heritage

    (513) 649-5457

    65 Total Sales

    Brandy Gibbs
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1751485

MLS of Greater Cincinnati (CincyMLS)

APN: 01-33-151-019

Ohio Warren County Franklin 45005

501 E Lomar Ave, Franklin, OH

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.

MLS of Greater Cincinnati (CincyMLS) The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Ten-X does not display the entire Cincinnati MLS Broker Reciprocity™ database on this web site. The listings of some real estate brokerage firms have been excluded.
Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.