NOT LISTED FOR SALE

508 Union St Lancaster, OH 43130

Estimated Value: $91,000 - $172,000

4 Beds
1 Bath
1,176 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $58,777 $50 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $739/month

6 Days on Market

About This Home

As of March 2023

Property being sold ''AS IS''. 2 bedrooms and 1 bath on each side. Both units are currently rented on month to month basis.
Tenants pay own utilities.
Needs ''REHABBED''.
At least 24 hrs. to show.. May require flood Ins.

Last Agent to Sell the Property

BARB WRIGHT

Keller Williams Greater Cols License #360720 Listed on: 12/05/2022

Keller Williams Greater Cols

Last Buyer's Agent

Julie cains

RE/MAX Revealty License #2019005387

RE/MAX Revealty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $911

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,176 Sq Ft Home
  • Duplex

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 05-31148-900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$911

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1930
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.16
  • Co List Office Phone: 614-944-5900
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 59.44
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1176.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Addl Acceptance Cond Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Aluminum: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-31148-900
  • Lot Size Sq Ft: 6969.6
  • Additional Parcels: No
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 911.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Apr 4, 2023
Sold by
Bayer Christopher Brian
Bought by
Dazed And Confused Llc
Seller's Agent
BARB WRIGHT
Keller Williams Greater Cols
Buyer's Agent
Julie cains
RE/MAX Revealty
List Price
$69,900
Sold Price
$58,777
Premium/Discount to List
-$11,123
-15.91%
Views
95
Current Estimated Value
$101,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,083
Avg. Annual Appreciation
29.58%

Purchase Details

Listed on
Dec 5, 2022
Closed on
Mar 27, 2023
Sold by
Denney Connie
Bought by
Dazed And Confused Llc
Seller's Agent
BARB WRIGHT
Keller Williams Greater Cols
Buyer's Agent
Julie cains
RE/MAX Revealty
List Price
$69,900
Sold Price
$58,777
Premium/Discount to List
-$11,123
-15.91%
Views
95

Purchase Details

Listed on
Dec 5, 2022
Closed on
Mar 16, 2023
Sold by
Skivers Jeffrey A
Bought by
Bayer Christopher Brian and Denney Connie
Seller's Agent
BARB WRIGHT
Keller Williams Greater Cols
Buyer's Agent
Julie cains
RE/MAX Revealty
List Price
$69,900
Sold Price
$58,777
Premium/Discount to List
-$11,123
-15.91%
Views
95

Purchase Details

Listed on
Dec 5, 2022
Closed on
Mar 10, 2023
Sold by
Bayer Christopher Brian
Bought by
Dazed And Confused Llc
Seller's Agent
BARB WRIGHT
Keller Williams Greater Cols
Buyer's Agent
Julie cains
RE/MAX Revealty
List Price
$69,900
Sold Price
$58,777
Premium/Discount to List
-$11,123
-15.91%
Views
95

Purchase Details

Closed on
May 8, 2018
Sold by
Skivers Jeffrey A and Skivers Cheryl
Bought by
Bayer Christopher and Denney Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 13, 1998
Sold by
Sutherland Pauline W
Bought by
Skivers Jeffrey A

Purchase Details

Closed on
Sep 14, 1993
Sold by
Paul Randy J
Bought by
Paul Randy J

Purchase Details

Closed on
May 21, 1992
Sold by
Cottrill Robert
Bought by
Paul Randy J
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
Dazed And Confused Llc $29,388 Valmer Land Title
Dazed And Confused Llc $29,400 Valmer Land Title
Bayer Christopher Brian $55,000 Valmer Land Title
Dazed And Confused Llc $29,388 Valmer Land Title
Dazed And Confused Llc $29,400 Valmer Land Title
Bayer Christopher Brian $55,000 Valmer Land Title
Bayer Christopher $55,000 None Available
Skivers Jeffrey A $75,000 --
Paul Randy J $33,000 --
Paul Randy J $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bayer Christopher $5,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $58,777 -15.9% $50 / Sq Ft
12/05/2022 12/05/22 For Sale $69,900 -- $59 / 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 $2,477 $27,550 $6,490 $21,060
2023 $1,108 $27,550 $6,490 $21,060
2022 $1,103 $27,550 $6,490 $21,060
2021 $911 $21,000 $6,490 $14,510
2020 $877 $21,000 $6,490 $14,510
2019 $838 $21,000 $6,490 $14,510
2018 $867 $19,550 $6,490 $13,060
2017 $868 $21,970 $6,490 $15,480
2016 $846 $21,970 $6,490 $15,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222043690

Columbus and Central Ohio Regional MLS

APN: 05-31148-900