$220,000
SOLD JAN 28, 2022

632 N Broad St Lancaster, OH 43130

-- Bed
-- Bath
3,456 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

27% Below List Price

80 Days on Market

About This Home

As of January 2022

Excellent income oppoortunity. Multiple use commercial and residential. This is a 3600 sqft Lancaster classic with great curb appeal, Awesome access and endless opportunity, it is a must see. The 2nd flr has 2 spacious newly renovated 900sq ft apartments ready to earn income, each has 2 bdr, lvrm,dnrm,ktch, bthrm , deck. 1st Fl is 1800 sqft Commercial/residential space with all exposed brick walls(see video), ready to be built to suit. The 1st floor has unlimited possibilities. Split into two commercial spaces or 1 big space,two residential spaces or one rare 1800 sq ft residential space with unbelievable character. Upgrades include new plumbing throughout, new furnaces, paint, carpet, new bthrms etc...

Last Agent to Sell the Property

Scott Marvin

Team Results Realty License #2018003245 Listed on: 12/09/2021

Last Buyer's Agent

Jacob Craig

Red 1 Realty License #2020006760

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 3,456 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 05-33168-400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,786

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.18
  • Co List Office Phone: 614-382-2124
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3456.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33168-400
  • Lot Size Sq Ft: 7840.8

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1786.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Beautiful Soph Llc
Bought by
Dnl Flips Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Outstanding Balance
$108,044
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$228,302

Purchase Details

Closed on
Feb 14, 2023
Sold by
Twisted Oak Equality Dealz
Bought by
Soph Beautiful

Purchase Details

Listed on
Dec 9, 2021
Closed on
Mar 10, 2022
Sold by
Tackett Terry L
Bought by
Twisted Oak Equality Dealz Llc
Seller's Agent
Scott Marvin
Team Results Realty
Buyer's Agent
Jacob Craig
Red 1 Realty
List Price
$299,500
Sold Price
$220,000
Premium/Discount to List
-$79,500
-26.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 27, 2022
Sold by
Tackett Terry L
Bought by
Twisted Oak Equality Dealz Llc
Seller's Agent
Scott Marvin
Team Results Realty
Buyer's Agent
Jacob Craig
Red 1 Realty
List Price
$299,500
Sold Price
$220,000
Premium/Discount to List
-$79,500
-26.54%

Purchase Details

Closed on
Nov 7, 2000
Sold by
Adams Marie
Bought by
Terry L Tackett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
10%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Warranty Deed -- Chicago Title
Warranty Deed -- Chicago Title
Deed $71,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,500 Credit Line Revolving
Previous Owner $50,000 Commercial
Previous Owner $142,400 Commercial
Previous Owner $85,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $415,000 +88.6% $92 / Sq Ft
01/28/2022 01/28/22 Sold $220,000 -4.3% $64 / Sq Ft
11/15/2021 11/15/21 Price Changed $229,900 -8.0% $67 / Sq Ft
11/07/2021 11/07/21 Price Changed $250,000 -8.9% $72 / Sq Ft
10/22/2021 10/22/21 Price Changed $274,500 -8.3% $79 / Sq Ft
10/11/2021 10/11/21 For Sale $299,500 -- $87 / 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 $4,509 $50,150 $8,190 $41,960
2023 $2,551 $50,150 $8,190 $41,960
2022 $2,572 $50,150 $8,190 $41,960
2021 $1,777 $44,550 $8,190 $36,360
2020 $1,704 $44,550 $8,190 $36,360
2019 $1,622 $44,550 $8,190 $36,360
2018 $1,756 $48,910 $8,190 $40,720
2017 $1,757 $45,780 $4,870 $40,910
2016 $1,712 $45,780 $4,870 $40,910
2015 $1,695 $43,980 $4,870 $39,110
2014 $1,617 $43,980 $4,870 $39,110
2013 $1,617 $43,980 $4,870 $39,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221040293

Columbus and Central Ohio Regional MLS

APN: 05-33168-400