NOT LISTED FOR SALE

609 E Chestnut St Lancaster, OH 43130

Estimated Value: $609,816

4 Beds
3 Baths
5,000 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $450,000 $90 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,375/month

1,393 Days on Market

Highlights

  • 0.42 Acre Lot
  • Forced Air Heating System
  • 1-Story Property
  • Home Security System

About This Home

As of May 2021

Free standing medical building previously used as Oral Surgery Center with 25 paved off street parking spaces, 3 offices, 4 exam rooms, 4 consultation rooms, xray and dark room. Lower level is walkout with storage, laundry, kitchen and break room

Last Agent to Sell the Property

Gary Bartlett

BARTLETT BENNER REALTY License #0700349755 Listed on: 11/12/2020

Last Buyer's Agent

Bryan Savage

Savage Real Estate License #2012002150

Property Details

Property Type

  • Other

Year Built

  • Built in 2004

Lot Details

  • 0.42 Acre Lot

Parking

  • 25 Parking Spaces

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • Home Security System

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 05-35098-600

Property Details

Property Type

Other

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Type: Office
  • Year Built: 2004
  • Tax Year: 2016
  • Property Sub-Type: Medical
  • Lot Size Acres: 0.42
  • Co List Office Phone: 740-654-1500
  • MLS Status: Closed
  • Reso Structure Type: Single User
  • Location Property Info List PriceSqFt: 100.0
  • Remarks Misc Hot Sheet Comments: price
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • Heat Type Forced Air2: Yes
  • General Property Info Building Sqft2: 5000.0
  • Miscellaneous Security System3: 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: Other

Interior Features

  • Possible Use: Commercial
  • Stories: 1

Garage/Parking

  • Total Parking Spaces: 25.0

Utilities

  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Lot Info

  • Parcel Number: 05-35098-600
  • Lot Size Sq Ft: 18295.2

Tax Info

  • Tax Annual Amount: 16046.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
May 20, 2021
Sold by
Omsc Lancaster Llc
Bought by
Mb Medical Properties Llc
Seller's Agent
Gary Bartlett
BARTLETT BENNER REALTY
Buyer's Agent
Bryan Savage
Savage Real Estate
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Current Estimated Value
$609,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,816
Avg. Annual Appreciation
6.85%
Original Mortgage
$360,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2009
Sold by
Ohio Management Properties Ltd
Bought by
Omsc Lancaster Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,239,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 31, 2005
Sold by
Sbr Enterprises Llc
Bought by
Ohio Management Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2004
Sold by
Bosch Carol J
Bought by
Sbr Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.85%
Mortgage Type
Construction
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
Mb Medical Properties Llc $450,000 Northwest Ttl Fam Of Compani
Omsc Lancaster Llc $784,600 None Available
Ohio Management Properties Ltd $3,350,000 Chicago Title
Sbr Enterprises Llc $225,000 Hocking Valley Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mb Medical Properties Llc $360,000
Previous Owner Omsc Lancaster Llc $2,239,000
Previous Owner Ohio Management Properties Ltd $1,700,000
Previous Owner Sbr Enterprises Llc $590,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $450,000 -10.0% $90 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $500,000 0.0% $100 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $500,000 -20.0% $100 / Sq Ft
01/27/2020 01/27/20 For Sale $625,000 +38.9% $125 / Sq Ft
01/01/2020 01/01/20 Off Market $450,000 -- --
06/04/2019 06/04/19 Price Changed $625,000 -21.9% $125 / Sq Ft
07/17/2017 07/17/17 For Sale $800,000 -- $160 / 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 $14,159 $157,500 $35,070 $122,430
2023 $8,011 $157,500 $35,070 $122,430
2022 $8,078 $157,500 $35,070 $122,430
2021 $10,035 $190,270 $35,070 $155,200
2020 $16,479 $323,120 $35,990 $287,130
2019 $15,822 $323,120 $35,990 $287,130
2018 $16,650 $352,470 $35,990 $316,480
2017 $16,608 $348,310 $35,990 $312,320
2016 $16,046 $348,310 $35,990 $312,320
2015 $16,205 $348,310 $35,990 $312,320
2014 $15,489 $348,310 $35,990 $312,320
2013 $15,489 $348,310 $35,990 $312,320
Source: Public Records

Agents Affiliated with this Home

  • Gary Bartlett

    Seller's Agent in 2021

    Gary Bartlett

    BARTLETT BENNER REALTY

    (614) 371-5309

    8 in this area

    17 Total Sales

    Gary Bartlett
    Section Image
  • Bryan Savage

    Buyer's Agent in 2021

    Bryan Savage

    Savage Real Estate

    (614) 327-4268

    1 in this area

    13 Total Sales

    Bryan Savage
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217026278

Columbus and Central Ohio Regional MLS

APN: 05-35098-600

Ohio Fairfield County Lancaster 43130

609 E Chestnut St, Lancaster, OH

Not Listed for Sale

Other

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