NOT LISTED FOR SALE

540 E 6th Ave Lancaster, OH 43130

Estimated Value: $235,000 - $309,484

6 Beds
2 Baths
2,520 Sq Ft
$107/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $170,000 $67 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,863/month

15 Days on Market

Highlights

  • 3 Car Detached Garage
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of December 2019

Great investment. Live in one side and rent the other side. These apartments are very-very nice and the potential rent is probably $900 per month for each apartment. The roof shingles were replaced in 2010. All bedrooms are on the second floor. The rear yard is totally fenced. Both apartments have had extensive interior remodeling. Both apartments have a remodeled kitchen with range, refrigerator and dishwasher. The bathrooms have also been remodeled. The utilities are totally split so tenants pay all utilities. Both units have gas furnaces with central air-conditioning. The unit on the right-side [540] has a gas log fireplace and water softener. The unit on the left-side [542] has new carpet. Rear 3-car garage off alley. Basements look great with nice laundry area.

Last Agent to Sell the Property

Carlos Taylor

Century 21 Darfus Realty License #2002003012 Listed on: 10/29/2019

Century 21 Darfus Realty

Co-Listed By

Ronald Robinson

Century 21 Darfus Realty License #0000221040

Last Buyer's Agent

Deborah Stemble

Howard Hanna Real Estate Servc License #362423

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-33113-900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,809

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2018
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: 02710
  • Co List Office Phone: 740-687-1011
  • Co List Office Phone: 740-687-1011
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 71.03
  • Remarks Misc Hot Sheet Comments: new
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2520.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes
  • Construction:Aluminum: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 3.0
  • Parking Features On Street2: Yes
  • Parking Features Detached Garage2: Yes
  • Parking Features 3 Car Garage2: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: 05-33113-900
  • Lot Size Sq Ft: 7405.2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1809.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Jan 10, 2020
Sold by
Sturgeon Ryan E and Sturgeon Jennifer
Bought by
White Rhino Investments Llc
Seller's Agent
Carlos Taylor
Century 21 Darfus Realty
Buyer's Agent
Deborah Stemble
Howard Hanna Real Estate Servc
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%
Current Estimated Value
$270,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,371
Avg. Annual Appreciation
8.03%
Original Mortgage
$127,500
Outstanding Balance
$112,629
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$157,742

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 23, 2019
Sold by
Hampshire Donald L and Hampshire Molly A
Bought by
Sturgeon Ryan E and Sturgeon Jennifer
Seller's Agent
Carlos Taylor
Century 21 Darfus Realty
Buyer's Agent
Deborah Stemble
Howard Hanna Real Estate Servc
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$112,629
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$157,742

Purchase Details

Closed on
Dec 19, 2007
Sold by
Estate Of Donald W Hampshire
Bought by
Hampshire Donald L

Purchase Details

Closed on
Nov 15, 2004
Sold by
Estate Of Lillian R Hampshire
Bought by
Hampshire Donald L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
White Rhino Investments Llc -- None Available
Sturgeon Ryan E $170,000 None Available
Hampshire Donald L -- None Available
Hampshire Donald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturgeon Ryan E $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $170,000 -5.0% $67 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
10/29/2019 10/29/19 For Sale $179,000 -- $71 / 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 $5,349 $59,500 $8,830 $50,670
2023 $2,211 $59,500 $8,830 $50,670
2022 $2,224 $59,500 $8,830 $50,670
2021 $2,151 $53,930 $8,830 $45,100
2020 $2,114 $53,930 $8,830 $45,100
2019 $1,915 $53,930 $8,830 $45,100
2018 $1,809 $49,480 $8,830 $40,650
2017 $1,810 $48,400 $8,500 $39,900
2016 $1,763 $48,400 $8,500 $39,900
2015 $1,752 $46,680 $8,500 $38,180
2014 $1,669 $46,680 $8,500 $38,180
2013 $1,669 $46,680 $8,500 $38,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219040858

Columbus and Central Ohio Regional MLS

APN: 05-33113-900