NOT LISTED FOR SALE

524 N Columbus St Unit 524 & 524 1/2 Lancaster, OH 43130

Estimated Value: $209,000 - $266,000

2 Beds
2 Baths
2,886 Sq Ft
$80/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $155,000 $54 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,700/month

40 Days on Market

About This Home

As of March 2021

2-Unit Residential property features beautiful historic details still in place. 1BR/1BA unit on 1st floor, 2BR/1BA unit on 2nd floor. Laundry in basement. 3rd floor attic currently used for storage may offer add'l living space. Live in 1 unit, rent out the other, or Possibly turn it back into a 1 family residence. Alley access parking. Watch the holiday parades from your front porch! (Please do not bother tenants.) 24 hr notice required for showings.

Last Agent to Sell the Property

Melinda Strohl

Better Homes & Gardens BigHill License #2006003225 Listed on: 12/15/2020

Last Buyer's Agent

Tamara Adams

Rise Realty License #2010003250

Rise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 2,886 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-32034-000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,863
  • Gross Income $9,000
  • Net Operating Income $6,137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,993

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.14
  • Total Gross Income: 9000.0
  • Co List Office Phone: 740-689-9090
  • MLS Status: Closed
  • Income Expenses Gross Income: 9000.0
  • Annual Expenses: 2863.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2886.0
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Utilities

  • Heating: Hot Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-32034-000
  • Lot Size Sq Ft: 6098.4
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 6137.0
  • Annual Operating Expense: 2863.0

Tax Info

  • Tax Annual Amount: 1993.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Mar 4, 2021
Sold by
Cruit David E and Cruit Daniel L
Bought by
Rose Cassie L
Seller's Agent
Melinda Strohl
Better Homes & Gardens BigHill
Buyer's Agent
Tamara Adams
Rise Realty
List Price
$155,000
Sold Price
$155,000
Total Days on Market
40
Current Estimated Value
$231,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,490
Avg. Annual Appreciation
10.35%
Original Mortgage
$152,192
Outstanding Balance
$137,971
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$97,869

Purchase Details

Closed on
Aug 29, 2019
Sold by
Cruit David L and Cruit Nancy M
Bought by
Cruit David L and Cruit Nancy M

Purchase Details

Closed on
Jun 1, 1988
Bought by
Cruit David L
Source: Public Records

Range of Values:

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Average Value
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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
Rose Cassie L $155,000 Valmer Land Title Agency
Cruit David L -- None Available
Cruit David L $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Cassie L $31,700
Open Rose Cassie L $152,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $155,000 0.0% $54 / Sq Ft
12/14/2020 12/14/20 For Sale $155,000 -- $54 / 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 $4,877 $54,250 $6,270 $47,980
2023 $1,973 $54,250 $6,270 $47,980
2022 $1,981 $54,250 $6,270 $47,980
2021 $2,182 $54,730 $6,270 $48,460
2020 $2,094 $54,730 $6,270 $48,460
2019 $1,993 $54,730 $6,270 $48,460
2018 $1,609 $50,850 $6,270 $44,580
2017 $1,609 $41,940 $6,270 $35,670
2016 $1,569 $41,940 $6,270 $35,670
2015 $1,555 $40,360 $6,270 $34,090
2014 $1,483 $40,360 $6,270 $34,090
2013 $1,483 $40,360 $6,270 $34,090
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melinda Strohl

    Better Homes & Gardens BigHill

  • Tamara Adams

    Buyer's Agent in 2021

    Tamara Adams

    Rise Realty

    (740) 649-9163

    10 in this area

    94 Total Sales

    Tamara Adams
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220043108

Columbus and Central Ohio Regional MLS

APN: 05-32034-000

Ohio Fairfield County Lancaster 43130

524 N Columbus St Unit 524 & 524 1/2, Lancaster, OH

This home is located at 524 N Columbus St Unit 524 & 524 1/2, Lancaster, OH 43130 since 15 December 2020 and is currently estimated at $231,490, approximately $80 per square foot. This property was built in 1900. 524 N Columbus St Unit 524 & 524 1/2 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.

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Information is deemed reliable but not guaranteed.

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