NOT LISTED FOR SALE

541 Palace Ln Columbus, OH 43230

Estimated Value: $291,000 - $303,000

3 Beds
1 Bath
1,385 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $262,500 $190 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,974/month

7 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • 1 Car Garage
  • Lincoln High School Rated A-
  • Central Air
  • Carpet

About This Home

As of March 2022

Welcome home! You will fall in love with this beautiful ranch in the highly desirable subdivision Royal Manor. You will be welcomed by a spacious living room and then you will find the family room with a gas fireplace. Gorgeous granite counter tops were installed in 2018. Brand new windows were installed throughout the home in 2021 with a transferable warranty. Brand new range in 2019. Carpet in the family room is just 3 years old. Brand new AC was installed in 2021. New water heater in July. Furnace has just been cleaned and serviced (new flame sensor). Carpets have just been steamed and cleaned. Front porch has been pressure washed along with the siding. This home has LOTS of upgrades! Open house will be Sunday 3:30-5:30. Hurry and schedule a showing!

Last Agent to Sell the Property

Maysa Ibrahim

Howard Hanna Real Estate Svcs License #2020000858 Listed on: 03/04/2022

Last Buyer's Agent

Natalya Simakovskaya

Key Realty License #446029

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,385 Sq Ft Home
  • Gas Log Fireplace
  • Sun or Florida Room
  • Carpet
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 025-001481

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,872

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1961
  • Tax Year: 2021
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.18
  • Co List Office Phone: 614-471-7400
  • MLS Status: Closed
  • Subdivision Name: Royal Manor
  • Architectural Style: Ranch
  • ResoBuildingAreaSource: Realist
  • Reso Fireplace Features: Gas Log
  • Reso Interior Features: Gas Range, Refrigerator
  • Unit Levels: One
  • New Construction: No
  • Basement Basement YN2: No
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Amenities Gas Range: Yes
  • Foundation:Slab: Yes
  • Exterior Brick: Yes
  • Rooms 1st Flr Primary Suite: Yes
  • Rooms 3-Season Room: Yes
  • Levels One2: Yes
  • Architectural Style Ranch: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 3
  • Entry Level Full Bathrooms: 1
  • Entry Level Family Room: 1
  • Downstairs 1 Living Room: 1
  • Entry Level Living Room: 1
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet
  • Main Level Bedrooms: 3
  • Fireplace:Gas Log: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features 1 Car Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel Number: 025-001481
  • Lot Size Sq Ft: 7840.8

Tax Info

  • Tax Annual Amount: 2872.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 5, 2022
Sold by
Jason Meyer
Bought by
Luchianov Vsevolod
Seller's Agent
Maysa Ibrahim
Howard Hanna Real Estate Svcs
Buyer's Agent
Natalya Simakovskaya
Key Realty
List Price
$215,000
Sold Price
$262,500
Premium/Discount to List
$47,500
22.09%
Current Estimated Value
$295,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,212
Avg. Annual Appreciation
2.30%
Original Mortgage
$212,500
Outstanding Balance
$202,038
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$81,350

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 31, 2022
Sold by
Jason Meyer
Bought by
Luchianov Vsevolod
Seller's Agent
Maysa Ibrahim
Howard Hanna Real Estate Svcs
Buyer's Agent
Natalya Simakovskaya
Key Realty
List Price
$215,000
Sold Price
$262,500
Premium/Discount to List
$47,500
22.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Outstanding Balance
$202,038
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$81,350

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 11, 2022
Sold by
Meyer Family Preservation Trust
Bought by
Meyer Jason and Meyer Marcus
Seller's Agent
Maysa Ibrahim
Howard Hanna Real Estate Svcs
Buyer's Agent
Natalya Simakovskaya
Key Realty
List Price
$215,000
Sold Price
$262,500
Premium/Discount to List
$47,500
22.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Outstanding Balance
$202,038
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$81,350

Purchase Details

Closed on
Apr 4, 2018
Bought by
Meyer Jason Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.44%

Purchase Details

Closed on
Oct 31, 2002
Sold by
Clark Nancy S
Bought by
Meyer Ellen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 1991
Bought by
Clark Nancy S

Purchase Details

Closed on
Mar 1, 1980
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
Luchianov Vsevolod $262,500 First Ohio Title
Luchianov Vsevolod $262,500 First Ohio Title
Meyer Jason -- Lavin Law Group Llc
Meyer Jason Tr -- --
Meyer Ellen R $113,500 Columbus Title
Clark Nancy S $69,000 --
-- $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luchianov Vsevolod $212,500
Closed Luchianov Vsevolod $212,500
Previous Owner Meyer Jason Tr --
Previous Owner Meyer Ellen R $78,700
Previous Owner Meyer Ellen $6,758
Previous Owner Meyer Ellen P $90,800
Previous Owner Meyer Ellen R $7,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $262,500 +22.1% $190 / Sq Ft
03/04/2022 03/04/22 For Sale $215,000 -- $155 / 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 $4,256 $72,250 $23,910 $48,340
2023 $4,203 $72,250 $23,910 $48,340
2022 $2,969 $48,510 $13,020 $35,490
2021 $2,872 $48,510 $13,020 $35,490
2020 $2,848 $48,510 $13,020 $35,490
2019 $2,234 $39,870 $10,850 $29,020
2018 $2,123 $39,870 $10,850 $29,020
2017 $2,050 $39,870 $10,850 $29,020
2016 $2,026 $36,760 $9,630 $27,130
2015 $2,028 $36,760 $9,630 $27,130
2014 $2,640 $36,760 $9,630 $27,130
2013 $1,311 $36,750 $9,625 $27,125
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maysa Ibrahim

    Howard Hanna Real Estate Svcs

  • Natalya Simakovskaya

    Buyer's Agent in 2022

    Natalya Simakovskaya

    Key Realty

    (614) 496-4846

    115 Total Sales

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222005863

Columbus and Central Ohio Regional MLS

APN: 025-001481

Ohio Franklin County Columbus 43230

541 Palace Ln, Columbus, OH

This home is located at 541 Palace Ln, Columbus, OH 43230 since 04 March 2022 and is currently estimated at $296,519, approximately $214 per square foot. This property was built in 1961. 541 Palace Ln is a home located in Franklin County with nearby schools including Royal Manor Elementary School, Gahanna West Middle School, and Lincoln High 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.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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