NOT LISTED FOR SALE

532 Palace Ln Columbus, OH 43230

Estimated Value: $234,000 - $291,000

3 Beds
1 Bath
1,295 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $91,000 $70 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,813/month

174 Days on Market

Highlights

  • Ranch Style House
  • End Unit
  • Patio
  • Lincoln High School Rated A-
  • Fenced Yard
  • Shed

About This Home

As of March 2016

Charming 3 bedroom ranch home on large corner lot with fenced yard! Storage shed and covered patio! First floor master and first floor laundry! Eat-in kitchen. Spacious living room and family room. Newer flooring and carpet! 6 panel doors and new air conditioner. Vinyl windows and siding. Immediate possession!

Last Agent to Sell the Property

Mike Laemmle

The Mike Laemmle Team Realty License #2003013288 Listed on: 11/23/2015

Last Buyer's Agent

Bradley Asbury

Century 21 HomeStar

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 8,712 Sq Ft Lot
  • End Unit
  • Fenced Yard
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,295 Sq Ft Home
  • Family Room
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 025-001409

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1961
  • Tax Year: 2014
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Fenced
  • Lot Size Acres: 0.2
  • Reso Association Amenities: Sidewalk
  • Co List Office Phone: 614-594-0091
  • MLS Status: Closed
  • Subdivision Name: Royal Manor
  • Architectural Style: Ranch
  • Reso Interior Features: Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Foundation:Slab: Yes
  • Interior Flooring Vinyl: Yes
  • Exterior Vinyl Siding: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 1st Flr Laundry: Yes
  • Fencing Fenced Yard: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Other Structures Storage Shed: Yes
  • Common Walls No Common Walls: Yes
  • Common Walls End Unit: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 1
  • Entry Level Eating Space: 1
  • Entry Level Family Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Entry Level): 1
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Main Level Bedrooms: 3

Exterior Features

  • Common Walls: End Unit, No Common Walls
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Patio and Porch Features Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features On Street: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: Yes

Schools

  • Junior High Dist: GAHANNA JEFFERSON CSD 2506 FRA CO.

Lot Info

  • Parcel Number: 025-001409
  • Lot Size Sq Ft: 8712.0

Tax Info

  • Tax Annual Amount: 2542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Mar 22, 2016
Sold by
Thompson Danny and Thompson Kathlyn L
Bought by
Parsons Ashley A
Seller's Agent
Mike Laemmle
The Mike Laemmle Team Realty
Buyer's Agent
Bradley Asbury
Century 21 HomeStar
List Price
$112,000
Sold Price
$91,000
Premium/Discount to List
-$21,000
-18.75%
Current Estimated Value
$266,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,237
Avg. Annual Appreciation
12.28%
Original Mortgage
$89,351
Outstanding Balance
$72,910
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$196,870

Purchase Details

Closed on
Jan 25, 2002
Sold by
Wilson Kathy L and Wilson Kathlyn L
Bought by
Thompson Danny and Thompson Kathlyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
7.26%

Purchase Details

Closed on
Jan 13, 1978
Bought by
Wilson Kathy 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
Parsons Ashley A $91,000 Valmer Land Title
Thompson Danny -- --
Wilson Kathy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Ashley A $89,351
Previous Owner Shannon Glen Apartments Lp $118,000
Previous Owner Thompson Danny $75,200
Previous Owner Gatchell Kathlyn L $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $91,000 -18.8% $70 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $112,000 -- $86 / 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 $4,266 $66,360 $24,710 $41,650
2023 $4,217 $66,360 $24,710 $41,650
2022 $3,393 $45,440 $14,810 $30,630
2021 $3,282 $45,440 $14,810 $30,630
2020 $3,254 $45,440 $14,810 $30,630
2019 $2,686 $37,420 $12,360 $25,060
2018 $2,614 $37,420 $12,360 $25,060
2017 $2,512 $37,420 $12,360 $25,060
2016 $2,560 $35,390 $10,400 $24,990
2015 $2,562 $35,390 $10,400 $24,990
2014 $2,542 $35,390 $10,400 $24,990
2013 $1,262 $35,385 $10,395 $24,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 215034454

Columbus and Central Ohio Regional MLS

APN: 025-001409