NOT LISTED FOR SALE

809 N Pierce Ave Lancaster, OH 43130

Estimated Value: $197,000 - $236,000

5 Beds
4 Baths
2,308 Sq Ft
$94/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $100,000 $43 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,498/month

31 Days on Market

About This Home

As of June 2017

Great investment opportunity! Rentals are in high demand. Own your very own 4 unit multi-family home. Brings in $1550 per month. Some new carpet and paint. Other updates see agent to agent remarks. Off street parking for 4+ cars. Storage shed for lawn/maintenance equipment.

Last Agent to Sell the Property

Jean Whitaker

Century 21 Darfus Realty Listed on: 04/13/2017

Last Buyer's Agent

Connie Hall

Rock House Realty LLC License #0000433590

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • 2,308 Sq Ft Home
  • Mixed Use
  • Frame Construction
  • Vinyl Siding

Parking

  • 4 Parking Spaces
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Heating System Uses Oil

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 05-31016-800

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $785
  • Water Sewer Expense $200
  • Operating Expense $265
  • Gross Income $1,550
  • Net Operating Income $1,285

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,075

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2016
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.12
  • Total Gross Income: 1550.0
  • Co List Office Phone: 740-687-1011
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 45.45
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 1550.0
  • Annual Expenses: 265.0
  • General Property Info Building Sq Ft: 2308.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Oil
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Electricity Available

Fee Information

  • Annual Water Sewer Expense: 200.0

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-31016-800
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 785.0
  • Net Operating Income: 1285.0
  • Annual Operating Expense: 265.0

Tax Info

  • Tax Annual Amount: 1075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Blauser Troy D
Bought by
I And B Rentals Llc
Current Estimated Value
$217,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,050
Outstanding Balance
$85,906
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$131,099

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 16, 2017
Sold by
Whitaker David D
Bought by
Blauser Troy D
Seller's Agent
Jean Whitaker
Century 21 Darfus Realty
Buyer's Agent
Connie Hall
Rock House Realty LLC
List Price
$104,900
Sold Price
$100,000
Premium/Discount to List
-$4,900
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$85,000
Interest Rate
4.02%
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

Date Buyer Sale Price Title Company
I And B Rentals Llc -- None Available
Blauser Troy D $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open I And B Rentals Llc $96,050
Previous Owner Blauser Troy D $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2017 06/14/17 Sold $100,000 -4.7% $43 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $104,900 -- $45 / 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 $4,487 $49,910 $5,820 $44,090
2023 $1,896 $49,910 $5,820 $44,090
2022 $1,901 $49,910 $5,820 $44,090
2021 $1,479 $36,190 $5,820 $30,370
2020 $1,420 $36,190 $5,820 $30,370
2019 $1,354 $36,190 $5,820 $30,370
2018 $1,102 $29,610 $5,820 $23,790
2017 $1,103 $28,420 $5,820 $22,600
2016 $1,075 $28,420 $5,820 $22,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217011298

Columbus and Central Ohio Regional MLS

APN: 05-31016-800