NOT LISTED FOR SALE

570 E Main St Lancaster, OH 43130

Estimated Value: $184,000 - $204,888

3 Beds
2 Baths
1,770 Sq Ft
$110/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $198,000 $112 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,362/month

24 Days on Market

About This Home

As of July 2023

Renovated Duplex on a Premium Corner Lot in Historic Downtown Lancaster. Enjoy each of your spacious 2 Bed 1 Bath units with a fully remodeled ground level that is vacant and Move-in ready! Within walking distance of Downtown Lancaster's numerous events & amenities this versatile property would make an excellent AirBnB, Residential Rental or Commercial Space. Your next investment has been updated with care including: A Newly designed kitchen layout with granite counters & stainless steel appliances; Fully remodeled bathroom; Added recessed lighting; Luxury vinyl planks throughout; Fresh paint; New doors & windows; Updated plumbing; New hot water tank; and a Reconstructed front porch with railings. Schedule a tour and Own your piece of Lancaster today!

Last Agent to Sell the Property

Zack Linder

Coldwell Banker Realty License #2021001068 Listed on: 05/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Julie Frase

Realty Forward License #2021006892

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1900

Lot Details

  • 4,356

Parking

  • On-Street Parking

Home Design

  • 1,770 Sq Ft Home
  • Duplex

Additional Features

  • 4,356 Sq Ft Lot
  • Heating System Uses Gas
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-35020-000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,500
  • Gross Income $6,600
  • Net Operating Income $4,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,699

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 6600.0
  • Co List Office Phone: 740-366-3318
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 118.36
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 6600.0
  • Annual Expenses: 2500.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 1770.0
  • Miscellaneous Basement2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35020-000
  • Lot Size Sq Ft: 4356.0

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 4100.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 1699.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2023
Closed on
Aug 1, 2023
Sold by
Ksg Holdings Inc
Bought by
Vandenberg Maximillian and Anderson Cody William
Seller's Agent
Zack Linder
Coldwell Banker Realty
Buyer's Agent
Julie Frase
Realty Forward
List Price
$209,500
Sold Price
$198,000
Premium/Discount to List
-$11,500
-5.49%
Views
116
Current Estimated Value
$194,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,028
Avg. Annual Appreciation
-0.63%
Original Mortgage
$146,250
Outstanding Balance
$142,830
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$52,142

Purchase Details

Closed on
Oct 27, 2022
Sold by
Osborne Dennis B and Osborne Patty R
Bought by
Ksg Holdings Inc

Purchase Details

Closed on
Oct 7, 2002
Sold by
Mccoy William R
Bought by
Osborne Dennis B and Osborne Patty R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vandenberg Maximillian $198,000 None Listed On Document
Ksg Holdings Inc $70,000 --
Osborne Dennis B $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandenberg Maximillian $146,250
Previous Owner Osborne Dennis B $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $198,000 -5.5% $112 / Sq Ft
05/12/2023 05/12/23 For Sale $209,500 -- $118 / 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 $4,088 $45,470 $6,850 $38,620
2023 $1,690 $45,470 $6,850 $38,620
2022 $1,699 $45,470 $6,850 $38,620
2021 $1,445 $36,230 $6,850 $29,380
2020 $1,386 $36,230 $6,850 $29,380
2019 $1,319 $36,230 $6,850 $29,380
2018 $1,040 $27,220 $6,850 $20,370
2017 $1,040 $27,110 $6,850 $20,260
2016 $1,014 $27,110 $6,850 $20,260
2015 $1,010 $26,220 $6,850 $19,370
2014 $964 $26,220 $6,850 $19,370
2013 $964 $26,220 $6,850 $19,370
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2023

    Zack Linder

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2023

    Julie Frase

    Realty Forward

    (614) 371-6131

    2 in this area

    24 Total Sales

    Julie Frase
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223013938

Columbus and Central Ohio Regional MLS

APN: 05-35020-000

Ohio Fairfield County Lancaster 43130

570 E Main St, Lancaster, OH

Not Listed for Sale

MultiFamily

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