NOT LISTED FOR SALE

651 King St Unit 653 Lancaster, OH 43130

Lancaster Area

Estimated Value: $219,000 - $283,000

4 Beds
2 Baths
2,044 Sq Ft
$119/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2024

Last sale price $231,000 $113 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,790 / mo

20 Days on Market

About This Home

As of April 2024

Welcome to this charming up-down duplex featuring spacious 3-bedroom units in each level, offering a fantastic investment opportunity or ideal owner-occupant living. The recently remodeled upper unit awaits, presenting a great opportunity for your personal touch or immediate rental income potential. With its vacant status, it's ready for effortless showings to interested parties, making it an enticing prospect for both occupants and investors alike. Meanwhile, the lower unit boasts a long-term tenant rental income of $500 per month. Future showings for the downstairs unit can be arranged for interested buyers after viewing the empty unit. Adding further appeal, a detached garage accompanies the property, offering additional storage space or parking convenience.

Last Agent to Sell the Property

Dylan Knecht

RE/MAX Revealty License #2016003306 Listed on: 02/10/2024

RE/MAX Revealty

Last Buyer's Agent

Dylan Knecht

HER, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,296

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot

Parking

  • Detached Garage

Home Design

  • 2,044 Sq Ft Home
  • Duplex
  • Frame Construction

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-33059-700

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $6,000
  • Net Operating Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,296

Year Built

Built in 1900

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.21
  • Total Gross Income: 6000.0
  • Co List Office Phone: 614-321-7884
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 114.97
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 6000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2044.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Utilities

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

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33059-700
  • Lot Size Sq Ft: 9147.6

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 6000.0

Tax Info

  • Tax Annual Amount: 2296.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Apr 15, 2024
Sold by
Bought by
Seller's Agent
Dylan Knecht
RE/MAX Revealty
Buyer's Agent
Dylan Knecht
RE/MAX Revealty
List Price
$235,000
Sold Price
$231,000
Premium/Discount to List
-$4,000
-1.7%
Views
34
Current Estimated Value
$244,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,089
Avg. Annual Appreciation
2.45%
Original Mortgage
$234,491
Interest Rate
0.0688%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 23, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
0.0763%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
0.0597%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$231,000 Hocking Valley Title
$119,000 None Listed On Document
$87,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $269,000
Closed $234,491
Previous Owner $135,000
Previous Owner $78,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/16/2024 04/16/24 Sold $231,000 -1.7% $113 / Sq Ft
02/09/2024 02/09/24 For Sale $235,000 -- $115 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,522 $70,920 $20,030 $50,890
2024 $5,522 $61,420 $10,330 $51,090
2023 $2,282 $61,420 $10,330 $51,090
2022 $2,296 $61,420 $10,330 $51,090
2021 $1,981 $49,690 $10,330 $39,360
2020 $1,901 $49,690 $10,330 $39,360
2019 $1,809 $49,690 $10,330 $39,360
2018 $1,560 $40,400 $10,330 $30,070
2017 $1,560 $40,660 $9,830 $30,830
2016 $1,521 $40,660 $9,830 $30,830
2015 $1,518 $39,400 $9,830 $29,570
2014 $1,448 $39,400 $9,830 $29,570
2013 $1,448 $39,400 $9,830 $29,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224003832

Columbus and Central Ohio Regional MLS

APN: 05-33059-700

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