NOT LISTED FOR SALE

708 Madison Ave Lancaster, OH 43130

Estimated Value: $193,000 - $248,000

3 Beds
2 Baths
1,573 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $155,000 $99 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,623/month

3 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Storm Windows
  • No HOA
  • 2 Car Detached Garage
  • Central Air

About This Home

As of May 2022

ATTENTION INVESTORS! Charming 3 Bedroom 2 Bath home in excellent neighborhood. In need of TLC but very livable. House is currently being updated and may subsequently increase in price as projects are completed. Owner took a job out of state and is willing to pass on the potential upside and equity for Buyer that is looking to invest sweat equity. Some highlights and updates to the property include: brand new furnace, whole house Generac generator, oversized two car garage with storage above, fenced in yard, gardens include well established perennials. Don't miss this opportunity for built in equity. Paint and floors alone will make this property shine!

Last Agent to Sell the Property

Colleen Perron

Rise Realty License #2016005048 Listed on: 04/07/2022

Rise Realty

Last Buyer's Agent

Keith Dwyer

BARTLETT BENNER REALTY License #2021004232

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,573 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partial Basement
  • Storm Windows

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Electric Dryer Hookup

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-33103-700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,909

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Single Family Residence
  • Reso Fencing: Fenced
  • Lot Size Acres: 0.13
  • Co List Office Phone: 740-654-5552
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Reso Interior Features: Dishwasher, Electric Dryer Hookup, Electric Range, Refrigerator
  • Unit Levels: Two
  • New Construction: No
  • Reso Window Features: Storm All
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Rooms LL Laundry: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Foundation:Block: Yes
  • Water Source Public Water Source: Yes
  • Exterior Vinyl Siding: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Dryer Hookup: Yes
  • Interior Amenities Electric Range: Yes
  • Windows Storm All: Yes
  • Rooms 1st Flr Laundry: Yes
  • Levels Two2: Yes
  • Fencing Fenced Yard: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Upstairs Bedrooms: 3
  • Upstairs 1 Full Bathrooms: 1
  • Entry Level Full Bathrooms: 1
  • Basement: Partial
  • Entry Level Dining Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Utility Space (Entry Level): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood
  • Other Rooms:Dining Room: Yes
  • Basement Description:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached Garage
  • Parking Features 2 Car Garage: Yes
  • Parking Features Detached Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-33103-700
  • Lot Size Sq Ft: 5662.8

Tax Info

  • Tax Annual Amount: 1909.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2016
Closed on
Dec 19, 2016
Sold by
Hoffmannbeck Kathy Kay
Bought by
Perron John J
Seller's Agent
Jeanne Secoy
Better Homes & Gardens BigHill
Buyer's Agent
Colleen Perron
Rise Realty
List Price
$109,900
Sold Price
$103,900
Premium/Discount to List
-$6,000
-5.46%
Current Estimated Value
$221,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,378
Avg. Annual Appreciation
8.77%
Original Mortgage
$102,017
Outstanding Balance
$83,381
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$132,863

Purchase Details

Listed on
Nov 2, 2016
Closed on
Oct 26, 2016
Sold by
Estate Of Karen Kay Shaeffer
Bought by
Hoffmannbeck Kathy Kay
Seller's Agent
Jeanne Secoy
Better Homes & Gardens BigHill
Buyer's Agent
Colleen Perron
Rise Realty
List Price
$109,900
Sold Price
$103,900
Premium/Discount to List
-$6,000
-5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,017
Outstanding Balance
$83,381
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$132,863

Purchase Details

Closed on
Dec 1, 1990
Bought by
Shaeffer James F
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
Perron John J $103,900 Valmer Land Title Agency
Hoffmannbeck Kathy Kay -- None Available
Shaeffer James F $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perron John J $102,017
Closed Mcqueary Brian E $102,946
Previous Owner Shaeffer James F $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $155,000 +3.5% $99 / Sq Ft
04/07/2022 04/07/22 For Sale $149,720 +44.1% $95 / Sq Ft
12/19/2016 12/19/16 Sold $103,900 -5.5% $68 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $109,900 -- $72 / 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 $5,128 $57,040 $8,020 $49,020
2023 $2,075 $57,040 $8,020 $49,020
2022 $2,241 $61,370 $8,020 $53,350
2021 $1,909 $48,970 $8,020 $40,950
2020 $1,829 $48,970 $8,020 $40,950
2019 $1,739 $48,970 $8,020 $40,950
2018 $1,363 $36,820 $8,020 $28,800
2017 $1,364 $36,460 $7,710 $28,750
2016 $1,009 $36,460 $7,710 $28,750
2015 $994 $35,230 $7,710 $27,520
2014 $947 $35,230 $7,710 $27,520
2013 $947 $35,230 $7,710 $27,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222010763

Columbus and Central Ohio Regional MLS

APN: 05-33103-700