NOT LISTED FOR SALE

550 E 5th Ave Lancaster, OH 43130

Estimated Value: $332,000 - $438,000

3 Beds
2.5 Baths
2,308 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 28, 2016

Last sale price $299,900 $130 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,969/month

11 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Whole House Fan
  • Heated Sun or Florida Room
  • 2 Car Detached Garage
  • Patio

About This Home

As of November 2016

Welcome to this historic brick home on the iconic 500 block of 5th Avenue! Walk into the foyer which boasts a beautiful wooden staircase. The large living room offers a wood burning fireplace and plenty of room for entertaining. Fully updated kitchen has stainless steel appliances, a separate dish washing station, and eat-space. Large dining room with unique built-in cabinets. The sunroom offers tons of natural light and features the original brick exterior wall. Owner's suite with fireplace, oversized closets, and bathroom with dual vanities, a soaking tub, and custom tile shower. Generous bedrooms and guest bathroom. Great layout. Hardwood floors, Pella windows, and custom moldings throughout. Large backyard with patio and 2 car detached garage. Come see why this home is right for you!

Last Agent to Sell the Property

Rachel Alley

Keller Williams Capital Ptnrs License #2015000897 Listed on: 09/30/2016

Keller Williams Capital Ptnrs

Last Buyer's Agent

Kimberly Kovacs

Coldwell Banker Realty License #419776

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,577

Year Built

  • Built in 1929

Lot Details

  • 0.31

Parking

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

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,308 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Heated Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Garden Bath

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • 0.31 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-33111-600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,577

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1929
  • Tax Year: 2015
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.31
  • Reso Association Amenities: Sidewalk
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Reso Fireplace Features: Wood Burning, Gas Log
  • Reso Interior Features: Dishwasher, Garden/Soak Tub, Microwave, Whole House Fan
  • Unit Levels: Two
  • New Construction: No
  • Reso Window Features: Insulated All
  • Location Property Info List PriceSqFt: 129.94
  • Remarks Misc Hot Sheet Comments: new
  • Basement Basement YN2: Yes
  • Rooms LL Laundry: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Amenities Microwave: Yes
  • Fireplace Log Woodburning: Yes
  • Foundation:Block: Yes
  • Interior Flooring CeramicPorcelain: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities GardenSoak Tub: Yes
  • Exterior Brick: Yes
  • Interior Amenities Whole House Fan: Yes
  • Rooms 4-Season Room - Heated: Yes
  • Levels Two2: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Upstairs Bedrooms: 3
  • Upstairs 1 Full Bathrooms: 2
  • Entry Level Half Bathrooms: 1
  • Basement: Full
  • 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: 3
  • Fireplace: Yes
  • Flooring: Wood, Ceramic/Porcelain
  • General Property Info Baths FH: 2.1
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Fireplace:Gas Log: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Patio and Porch Features Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Detached Garage, On Street
  • Parking Features 2 Car Garage: Yes
  • Parking Features Detached Garage: Yes
  • Parking Features On Street: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33111-600
  • Lot Size Sq Ft: 13503.6
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2577.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 22, 2016
Sold by
Graves Terry J and Graves Judith A
Bought by
Graham David F and Graham Mary A
Seller's Agent
Rachel Alley
Keller Williams Capital Ptnrs
Buyer's Agent
Kimberly Kovacs
Coldwell Banker Realty
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,100
Avg. Annual Appreciation
3.19%
Original Mortgage
$269,910
Outstanding Balance
$217,710
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$181,230

Purchase Details

Closed on
Sep 8, 2009
Sold by
Musick J R and Musick Jack R
Bought by
Graves Terry J and Graves Judith A
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
Graham David F $299,900 Northwest Select Title Agenc
Graves Terry J $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham David F $269,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2025 03/27/25 Off Market $299,900 -- --
11/28/2016 11/28/16 Sold $299,900 0.0% $130 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $299,900 -- $130 / 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 $11,226 $124,870 $22,420 $102,450
2023 $4,541 $124,870 $22,420 $102,450
2022 $4,560 $124,870 $22,420 $102,450
2021 $3,705 $95,060 $18,680 $76,380
2020 $3,551 $95,060 $18,680 $76,380
2019 $3,376 $95,060 $18,680 $76,380
2018 $3,074 $81,430 $18,680 $62,750
2017 $3,075 $82,230 $18,680 $63,550
2016 $2,594 $79,980 $18,680 $61,300
2015 $2,577 $77,420 $18,680 $58,740
2014 $2,455 $77,420 $18,680 $58,740
2013 $2,455 $77,420 $18,680 $58,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216035696

Columbus and Central Ohio Regional MLS

APN: 05-33111-600