NOT LISTED FOR SALE

505 E 5th Ave Lancaster, OH 43130

Estimated Value: $164,000 - $220,000

3 Beds
2 Baths
1,948 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 20, 2015

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

Est. 154% increase in value since last sale

Current estimated payment $1,388/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
  • 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
$190,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,412
Avg. Annual Appreciation
9.37%
Original Mortgage
$73,641
Outstanding Balance
$59,581
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$127,383

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 Change Sq Ft Price
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
2015 $1,094 $28,390 $7,870 $20,520
2014 $1,044 $28,390 $7,870 $20,520
2013 $1,044 $28,390 $7,870 $20,520
Source: Public Records

Agents Affiliated with this Home

  • Greg Darfus

    Seller's Agent in 2015

    Greg Darfus

    Century 21 Darfus Realty

    (740) 215-5570

    28 in this area

    43 Total Sales

    Greg Darfus
    Section Image
  • Christopher Lancaster

    Buyer's Agent in 2015

    Christopher Lancaster

    Coldwell Banker Realty

    (614) 570-1366

    10 in this area

    107 Total Sales

    Christopher Lancaster
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215018404

Columbus and Central Ohio Regional MLS

APN: 05-33053-300

Ohio Fairfield County Lancaster 43130

505 E 5th Ave, Lancaster, OH

This home is located at 505 E 5th Ave, Lancaster, OH 43130 since 29 May 2015 and is currently estimated at $190,412, approximately $97 per square foot. This property was built in 1900. 505 E 5th Ave is a home located in Fairfield County with nearby schools including Thomas Ewing Junior High School, Lancaster High School, and St Mary Elementary 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.

Columbus and Central Ohio Regional MLS 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.

Nearby Homes