NOT LISTED FOR SALE

64 W Main St Lucas, OH 44843

Estimated Value: $193,595

-- Bed
6 Baths
5,402 Sq Ft
$36/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $195,000 $36 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,196/month

18 Days on Market

About This Home

As of November 2024

This is your chance to own a solid, income-generating property in the heart of Lucas. This 2-story building boasts 5 apartments ideal for investors seeking steady rental income and potential business growth. PLEASE ALLOW 48 HOURS for response to any offers

Last Listed By

Tracy Jones

Keller Williams Elevate License #2022006975 Listed on: 07/31/2024

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Additional Parcels

Parking

  • Off-Street Parking: 1

Home Design

  • 5,402 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • No Cooling
  • Forced Air Heating System
  • No Utilities

Community Details

  • 5 Units
  • Gross Income $26,400

Listing and Financial Details

  • Assessor Parcel Number 020-16-163-17-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,386

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1940
  • Tax Year: 2023
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.12
  • Total Gross Income: 26400.0
  • Co List Office Phone: 440-572-1200
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 26400.0
  • General Property Info Building Sq Ft: 5402.0
  • Air Conditioning None3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: None
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LUCAS LSD 7004 RIC CO.

Lot Info

  • Parcel Number: 020-16-163-17-000
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels Description: 0201619401000
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1386.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Oct 31, 2024
Sold by
Top Flight Real Estate Llc
Bought by
Kbre Ac 1 Llc
Seller's Agent
Tracy Jones
Keller Williams Elevate
Buyer's Agent
Tracy Jones
Keller Williams Elevate
List Price
$195,000
Sold Price
$195,000
Total Days on Market
18
Views
16
Current Estimated Value
$193,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,405
Avg. Annual Appreciation
-1.44%
Original Mortgage
$210,000
Outstanding Balance
$124,207
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$69,388

Purchase Details

Closed on
Sep 25, 2023
Sold by
Fife And Wife Inc
Bought by
Top Flight Real Estate Llc

Purchase Details

Closed on
May 11, 2015
Sold by
Reed Michael J
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 16, 2001
Sold by
Shafer Virgil
Bought by
Reed Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1985

Range of Values:

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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
Kbre Ac 1 Llc $195,000 Empora Title Llc
Top Flight Real Estate Llc $125,000 Heartland Title
Bank Of America Na $73,000 Attorney
Reed Michael J $91,000 --
-- $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbre Ac 1 Llc $210,000
Previous Owner Reed Michael J $148,000
Previous Owner Reed Michael J $27,750
Previous Owner Reed Michael J $72,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $195,000 0.0% $36 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $195,000 +264.1% $36 / Sq Ft
03/23/2016 03/23/16 Sold $53,550 -33.7% --
03/04/2016 03/04/16 Pending -- -- --
10/14/2015 10/14/15 For Sale $80,750 -- --
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 $1,401 $25,830 $1,940 $23,890
2023 $1,401 $25,830 $1,940 $23,890
2022 $1,423 $24,160 $1,760 $22,400
2021 $1,425 $24,160 $1,760 $22,400
2020 $1,441 $24,160 $1,760 $22,400
2019 $1,446 $24,160 $1,760 $22,400
2018 $1,499 $24,160 $1,760 $22,400
2017 $1,517 $24,160 $1,760 $22,400
2016 $1,441 $22,590 $1,760 $20,830
2015 $1,129 $22,590 $1,760 $20,830
2014 $1,436 $22,590 $1,760 $20,830
2012 -- $22,590 $1,760 $20,830
Source: Public Records

Agents Affiliated with this Home

  • Tracy Jones

    Seller's Agent in 2024

    Tracy Jones

    Keller Williams Elevate

    (419) 632-5255

    994 Total Sales

    Tracy Jones
    Section Image

  • C

    Seller's Agent in 2016

    Cynthia Arnold

    Clearview Realty

    (419) 522-3933

    26 Total Sales

    Cynthia Arnold
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224026531

Columbus and Central Ohio Regional MLS

APN: 020-16-163-17-000

Ohio Richland County Lucas 44843

64 W Main St, Lucas, OH

Homes for Sale in Lucas, OH

This home is located at 64 W Main St, Lucas, OH 44843 since 31 July 2024 and is currently estimated at $193,595, approximately $35 per square foot. This property was built in 1940. 64 W Main St is a home located in Richland County with nearby schools including Lucas Elementary School, Lucas Heritage Middle School, and Lucas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.