NOT LISTED FOR SALE

617 E Main St Lancaster, OH 43130

Estimated Value: $221,000 - $264,000

5 Beds
4 Baths
3,284 Sq Ft
$72/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $145,000 $44 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,621/month

20 Days on Market

About This Home

As of November 2020

Large side by side double with two 2 BR units in front plus a 2 car garage with a very nice 2 BR unit above. Well maintained and potential for very good income.

Last Agent to Sell the Property

Brian Darfus

Rise Realty Listed on: 08/10/2020

Co-Listed By

Ashley Darfus

Rise Realty

Last Buyer's Agent

Joseph Schneider

Howard Hanna Real Estate Svcs License #2016001381

Howard Hanna Real Estate Svcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1900

Lot Details

  • 6,534

Home Design

  • 3,284 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Parking

  • Garage
  • Carport

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 6,534 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-35111-100

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $400
  • Gross Income $2,200
  • Net Operating Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,262

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2019
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.15
  • Total Gross Income: 2200.0
  • Co List Office Mls Id: 10721
  • Co List Office Phone: 740-654-5552
  • Co List Office Phone: 740-654-5552
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 45.65
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 2200.0
  • Annual Expenses: 400.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3284.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Miscellaneous Carports: 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

Garage/Parking

  • Parking Features 2 Car Garage2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35111-100
  • Lot Size Sq Ft: 6534.0

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 1800.0
  • Annual Operating Expense: 400.0

Tax Info

  • Tax Annual Amount: 2262.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Oct 21, 2020
Sold by
Carr John F and Carr Christina M
Bought by
Smith Matthew J and Smith Erika
Seller's Agent
Brian Darfus
Rise Realty
Buyer's Agent
Joseph Schneider
Howard Hanna Real Estate Svcs
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$236,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,837
Avg. Annual Appreciation
10.06%
Original Mortgage
$101,500
Outstanding Balance
$90,114
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$146,723

Purchase Details

Closed on
Jun 20, 2013
Sold by
Miller Doris Louise
Bought by
Carr John F and Carr Christina M

Purchase Details

Closed on
Jan 11, 2013
Sold by
Miller Doris L and Estate Of William A Miller Jr
Bought by
Carr John F and Carr Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.3%
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
Smith Matthew J $145,000 Valmer Land Title Agency Box
Carr John F -- None Available
Carr John F $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Matthew J $101,500
Previous Owner Carr John F $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $145,000 -3.3% $44 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $149,900 -- $46 / 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 $4,562 $50,750 $6,900 $43,850
2023 $1,886 $50,750 $6,900 $43,850
2022 $1,897 $50,750 $6,900 $43,850
2021 $2,478 $62,130 $6,900 $55,230
2020 $2,377 $62,130 $6,900 $55,230
2019 $2,262 $62,130 $6,900 $55,230
2018 $1,530 $51,460 $6,900 $44,560
2017 $1,531 $40,640 $7,430 $33,210
2016 $1,491 $40,640 $7,430 $33,210
2015 $1,481 $39,170 $7,430 $31,740
2014 $1,411 $39,170 $7,430 $31,740
2013 $1,411 $37,920 $6,180 $31,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220026982

Columbus and Central Ohio Regional MLS

APN: 05-35111-100