NOT LISTED FOR SALE

516 E Wheeling St Lancaster, OH 43130

Estimated Value: $314,000 - $344,000

5 Beds
2.5 Baths
2,393 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $275,000 $115 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,238/month

1 Day on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Fenced Yard
  • Deck
  • No HOA
  • Balcony

About This Home

As of March 2022

Space to grow! Welcome home to this spacious 4 bedroom 2.5 bath close to downtown Lancaster. Long day? Relax in the master bathroom spa or on your private deck off of the master bedroom. Summer day vibes? Take a dip in your beautiful heated pool! Beautiful backyard deck, fun for gatherings and making memories. This is a lovely home to call your own.

Last Agent to Sell the Property

Michelle Wallace

Key Realty Listed on: 02/01/2022

Last Buyer's Agent

Michael Ballentine

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,189

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 2,393 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Partial Basement
  • Laundry on upper level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

Outdoor Features

  • Above Ground Pool
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-35112-100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,189

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Fenced
  • Lot Size Acres: 0.17
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Reso Interior Features: Dishwasher, Microwave, Refrigerator
  • Unit Levels: Two
  • New Construction: No
  • Location Property Info List PriceSqFt: 104.43
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Flooring Laminate-Artificial: Yes
  • Interior Amenities Microwave: Yes
  • Foundation:Block: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Interior Amenities Dishwasher: Yes
  • Exterior Amenities Balcony: Yes
  • Exterior:Aluminum Siding: Yes
  • Rooms 2nd Flr Laundry: Yes
  • Levels Two2: Yes
  • Fencing Fenced Yard: Yes
  • Common Walls No Common Walls: Yes
  • Pool Features Above Ground Pool: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms Downstairs 1: 1
  • Upstairs Bedrooms: 4
  • Upstairs 1 Full Bathrooms: 2
  • Entry Level Half Bathrooms: 1
  • Basement: Partial
  • Entry Level Eating Space: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Wood, Laminate, Carpet
  • General Property Info Baths FH: 2.1
  • Other Rooms:Dining Room: Yes
  • Basement Description:Partial: Yes

Exterior Features

  • Pool Features: Above Ground Pool
  • Common Walls: No Common Walls
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Patio, Deck
  • Patio and Porch Features Patio: Yes
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Detached Garage
  • Parking Features 1 Car Garage: Yes
  • Parking Features Detached Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35112-100
  • Lot Size Sq Ft: 7405.2

Tax Info

  • Tax Annual Amount: 2189.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 10, 2022
Sold by
Krantz Michael F and Krantz Tiffany L
Bought by
Summerson John and Summerson Anna
Seller's Agent
Michelle Wallace
Key Realty
Buyer's Agent
Michael Ballentine
Coldwell Banker Realty
List Price
$249,900
Sold Price
$275,000
Premium/Discount to List
$25,100
10.04%
Current Estimated Value
$324,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,590
Avg. Annual Appreciation
4.42%
Original Mortgage
$270,019
Outstanding Balance
$252,285
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$72,305

Purchase Details

Listed on
Jul 5, 2013
Closed on
Sep 30, 2013
Sold by
Welsh Ronald B and Welsh Christina L
Bought by
Krantz Michael F and Krantz Tiffany L
Seller's Agent
Bethany Alexander
Mills Realty & Management Co.
Buyer's Agent
Suzan Smith
Gorsuch Realty Company
List Price
$159,900
Sold Price
$147,500
Premium/Discount to List
-$12,400
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$140,125
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Summerson John -- Bkd Legal Llc
Krantz Michael F $147,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerson John $270,019
Previous Owner Krantz Michael F $140,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $275,000 +10.0% $115 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $249,900 +69.4% $104 / Sq Ft
09/30/2013 09/30/13 Sold $147,500 -7.8% $61 / Sq Ft View Prior Sale
08/31/2013 08/31/13 Pending -- -- --
07/04/2013 07/04/13 For Sale $159,900 -- $66 / 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 $6,438 $71,610 $8,760 $62,850
2023 $2,604 $71,610 $8,760 $62,850
2022 $2,615 $71,610 $8,760 $62,850
2021 $2,189 $56,160 $8,760 $47,400
2020 $2,098 $56,160 $8,760 $47,400
2019 $1,994 $56,160 $8,760 $47,400
2018 $1,526 $41,870 $8,760 $33,110
2017 $1,527 $40,820 $10,240 $30,580
2016 $1,487 $40,820 $10,240 $30,580
2015 $1,526 $40,660 $10,240 $30,420
2014 $1,454 $40,660 $10,240 $30,420
2013 $1,454 $40,660 $10,240 $30,420
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle Wallace

    Key Realty

  • M

    Buyer's Agent in 2022

    Michael Ballentine

    Coldwell Banker Realty

    Section Image

  • B

    Seller's Agent in 2013

    Bethany Alexander

    Mills Realty & Management Co.

  • S

    Buyer's Agent in 2013

    Suzan Smith

    Gorsuch Realty Company

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222002929

Columbus and Central Ohio Regional MLS

APN: 05-35112-100

Ohio Fairfield County Lancaster 43130

516 E Wheeling St, Lancaster, OH

Not Listed for Sale

Detached

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