NOT LISTED FOR SALE

505 E 5th Ave Lancaster, OH 43130

Estimated Value: $168,000 - $221,000

3 Beds
2 Baths
1,948 Sq Ft
$99/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $75,000 $39 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,372/month

11 Days on Market

About This Home

As of July 2015

Very nice 2 unit property: 2 bdrm, 1 bath down and 1 bdrm, 1 bath up. All new siding, gutters, downspouts. All new in last 4 yrs furnace, windows, plumbing, roof, HWH and more. Must see. Maintenance is done.

Last Agent to Sell the Property

Greg Darfus

Century 21 Darfus Realty License #365480 Listed on: 05/29/2015

Century 21 Darfus Realty

Last Buyer's Agent

Christopher Lancaster

Coldwell Banker Realty License #443029

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 1900

Lot Details

  • 2,309

Home Design

  • Duplex
  • Frame Construction

Laundry

  • Washer and Dryer Hookup

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0533053300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,039

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2014
  • Property Sub-Type: Duplex
  • Co List Office Phone: 740-687-1011
  • MLS Status: Closed
  • Remarks Misc Hot Sheet Comments: new
  • Heat Fuel Gas4: Yes
  • Miscellaneous WD Hookups: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 0533053300

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1039.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Jul 20, 2015
Sold by
Sle Rentals Llc
Bought by
Elder Kyle B
Seller's Agent
Greg Darfus
Century 21 Darfus Realty
Buyer's Agent
Christopher Lancaster
Coldwell Banker Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%
Current Estimated Value
$192,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,081
Avg. Annual Appreciation
9.37%
Original Mortgage
$73,641
Outstanding Balance
$58,674
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$133,407

Purchase Details

Closed on
Sep 20, 2012
Sold by
Black Christopher T
Bought by
Evans Shawn M and Evans Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 21, 2000
Sold by
Mccoy Joseph M
Bought by
Black Christopher T and Owens Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 1995
Sold by
Beaty William S
Bought by
Mccoy Joseph M and Mccoy Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1992
Sold by
Beaty Norma R
Bought by
Beaty William S

Purchase Details

Closed on
Apr 1, 1990
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
Elder Kyle B $75,000 Valmer Land Title Agency Box
Evans Shawn M $60,000 Lanco Title Agency
Black Christopher T $72,500 --
Mccoy Joseph M $64,000 --
Beaty William S $41,000 --
-- $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elder Kyle B $73,641
Previous Owner Evans Shawn M $59,500
Previous Owner Black Christopher T $65,250
Previous Owner Mccoy Joseph M $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $75,000 -6.1% $39 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $79,900 -- $41 / 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 $4,533 $50,420 $5,960 $44,460
2023 $1,834 $50,420 $5,960 $44,460
2022 $1,841 $50,420 $5,960 $44,460
2021 $1,551 $39,780 $5,960 $33,820
2020 $1,486 $39,780 $5,960 $33,820
2019 $1,413 $39,780 $5,960 $33,820
2018 $1,096 $29,700 $5,960 $23,740
2017 $1,097 $29,330 $7,870 $21,460
2016 $1,068 $29,330 $7,870 $21,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215018404

Columbus and Central Ohio Regional MLS

APN: 05-33053-300