NOT LISTED FOR SALE

702 Madison Ave Lancaster, OH 43130

Estimated Value: $241,000 - $270,000

3 Beds
1.5 Baths
1,852 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $174,900 $94 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,855/month

5 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • No HOA
  • Shed
  • Carpet

About This Home

As of August 2020

Completely renovated all brick/stucco 3 BR, 1 1/2 BA 2 1/2 story home w/full front porch. Large living rm offering numerous windows & tons of natural light, decorative fireplace & custom built-ins, Formal dining rm w/the original gorgeous custom built-ins/bench seat and private full view French doors, completely updated kitchen w/painted white cabinets & stainless steel appliances. Upgrades & extras include many of the home's original features, six panel white doors, custom built-ins, crown molding, oversized trim & casing, a clean/dry full basement & a huge 3rd story attic which could be converted into loft space, 2 tier deck, large paver patio, storage shed, off street parking & plenty of room to build a detached two car garage! Super quiet location, just a couple minutes to rising park.

Last Agent to Sell the Property

Don Shaffer

Howard Hanna Real Estate Svcs Listed on: 07/01/2020

Co-Listed By

Ronald Rickenbacker

Howard Hanna Real Estate Svcs

Last Buyer's Agent

Audrey Barr

CRT, Realtors License #2022000998

CRT, Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1931

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 1,852 Sq Ft Home
  • 2.5-Story Property
  • Decorative Fireplace
  • Insulated Windows
  • Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-33103-500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,929

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1931
  • Tax Year: 2019
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.13
  • Reso Association Amenities: Sidewalk
  • Co List Office Mls Id: 07649
  • Co List Office Phone: 614-864-7400
  • Co List Office Phone: 614-864-7400
  • MLS Status: Closed
  • Subdivision Name: Rutter/Parkview
  • ResoBuildingAreaSource: Realist
  • Reso Fireplace Features: Decorative
  • Reso Interior Features: Dishwasher, Electric Dryer Hookup, Electric Range, Gas Dryer Hookup, Microwave, Refrigerator
  • New Construction: No
  • Reso Window Features: Insulated All
  • Basement Basement YN2: Yes
  • Rooms LL Laundry: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Interior Amenities Microwave: Yes
  • Foundation:Block: Yes
  • Interior Flooring Vinyl: Yes
  • Exterior Vinyl Siding: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Dryer Hookup: Yes
  • Interior Amenities Electric Range: Yes
  • Exterior Brick: Yes
  • Exterior:Stucco: Yes
  • Interior Amenities Gas Dryer Hookup: Yes
  • Other Structures Storage Shed: Yes
  • Common Walls No Common Walls: Yes
  • Levels Two and One Half: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Upstairs Bedrooms: 3
  • Upstairs 1 Full Bathrooms: 1
  • Entry Level Half Bathrooms: 1
  • Basement: Full
  • Entry Level Dining Room: 1
  • Entry Level Eating Space: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes
  • Fireplace:Decorative: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Deck
  • Patio and Porch Features Patio: Yes
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features On Street: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33103-500
  • Lot Size Sq Ft: 5662.8

Tax Info

  • Tax Annual Amount: 1929.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 24, 2020
Sold by
Emerys Maintenance & Bldg Remodeling Inc
Bought by
Douglas Adam R and Douglas Lindsey N
Seller's Agent
Don Shaffer
Howard Hanna Real Estate Svcs
Buyer's Agent
Audrey Barr
CRT, Realtors
List Price
$174,900
Sold Price
$174,900
Current Estimated Value
$256,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,697
Avg. Annual Appreciation
7.48%
Original Mortgage
$154,900
Outstanding Balance
$139,248
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$111,983

Purchase Details

Closed on
Apr 27, 2020
Sold by
Grves William W and Grves Amy M
Bought by
Emery S Maintenance & Bldg Remodelling I

Purchase Details

Closed on
Jul 14, 2011
Sold by
Taskey Karen J
Bought by
Graves William W and Graves Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,150
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1998
Sold by
Nicolia James
Bought by
Taskey Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Douglas Adam R $174,900 Valmer Land Title Agency
Emery S Maintenance & Bldg Remodelling I $100,000 Valmer Land Title Agency
Graves William W $110,000 Valmer Land Title Agency
Taskey Karen $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Adam R $154,900
Previous Owner Graves William W $106,150
Previous Owner Cirivello Frank $80,000
Previous Owner Taskey Karen $90,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $174,900 0.0% $94 / Sq Ft
07/01/2020 07/01/20 For Sale $174,900 -- $94 / 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 $5,504 $61,220 $8,020 $53,200
2023 $2,227 $61,220 $8,020 $53,200
2022 $2,236 $61,220 $8,020 $53,200
2021 $2,268 $58,190 $8,020 $50,170
2020 $2,129 $54,330 $8,020 $46,310
2019 $1,929 $54,330 $8,020 $46,310
2018 $1,481 $40,250 $8,020 $32,230
2017 $1,481 $39,610 $7,710 $31,900
2016 $1,443 $39,610 $7,710 $31,900
2015 $1,435 $38,230 $7,710 $30,520
2014 $1,367 $38,230 $7,710 $30,520
2013 $1,367 $38,230 $7,710 $30,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220021226

Columbus and Central Ohio Regional MLS

APN: 05-33103-500