NOT LISTED FOR SALE

824 E Main St Lancaster, OH 43130

Estimated Value: $144,257 - $185,000

4 Beds
3 Baths
2,146 Sq Ft
$75/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $120,000 $56 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,035/month

172 Days on Market

About This Home

As of March 2022

3 units, Rents $650, $650, $525/month, Zoned Commercial General. 2 electric meters, Owner currently pays utilities, gas and electric heat, gas ranges.
Selling ''AS IS Condition.''
Owner is related to seller.

Last Agent to Sell the Property

Dave Darfus

DarfusRealEstate andManagement License #2005009485 Listed on: 07/27/2021

Co-Listed By

Linda Darfus

DarfusRealEstate andManagement License #338237

Last Buyer's Agent

Jeff Keller

Real Estate Opportunity License #2003019358

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 2,146 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Parking

  • 6 Parking Spaces
  • Common or Shared Parking
  • Tandem Parking

Utilities

  • No Cooling
  • Radiant Heating System
  • Gas Available

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 05-35096-500

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $4,773
  • Fuel Expense $1,828
  • Insurance Expense $1,031
  • Maintenance Expense $5,027
  • Water Sewer Expense $1,139
  • Operating Expense $1,190
  • Gross Income $1,825
  • Net Operating Income $635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$561

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2020
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.09
  • Total Gross Income: 1825.0
  • Co List Office Mls Id: 10140
  • Co List Office Phone: 740-407-9044
  • Co List Office Phone: 740-407-9044
  • MLS Status: Closed
  • Subdivision Name: Bank's Div-Outlot 2-2
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 1825.0
  • Annual Expenses: 1190.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2146.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning None3: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

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

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 6.0

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Radiant: Yes

Fee Information

  • Annual Fuel Expense: 1828.0
  • Annual Water Sewer Expense: 1138.76

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35096-500
  • Lot Size Sq Ft: 3920.4
  • Additional Parcels: No
  • Zoning Description: comm general

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 4773.11
  • Insurance Expense: 1031.0
  • Maintenance Expense: 5027.0
  • Net Operating Income: 635.0
  • Annual Operating Expense: 1190.0

Tax Info

  • Tax Annual Amount: 561.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2024
Sold by
Keller Thomas C and Keller Carol A
Bought by
Deere Enterprises Llc
Total Days on Market
172
Current Estimated Value
$161,314

Purchase Details

Listed on
Jul 27, 2021
Closed on
Mar 22, 2022
Sold by
Darfus Real Estate And Management Llc
Bought by
Keller Thomas C and Keller Carol A
Seller's Agent
Dave Darfus
DarfusRealEstate andManagement
Buyer's Agent
Jeff Keller
Real Estate Opportunity
List Price
$132,900
Sold Price
$120,000
Premium/Discount to List
-$12,900
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.63%
Original Mortgage
$84,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 27, 2021
Closed on
Mar 18, 2022
Sold by
Darfus Real Estate And Management Llc
Bought by
Keller Thomas C and Keller Carol A
Seller's Agent
Dave Darfus
DarfusRealEstate andManagement
Buyer's Agent
Jeff Keller
Real Estate Opportunity
List Price
$132,900
Sold Price
$120,000
Premium/Discount to List
-$12,900
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 27, 2021
Closed on
Mar 15, 2022
Sold by
Darfus Real Estate And Management Llc
Bought by
Keller Thomas C and Keller Carol A
Seller's Agent
Dave Darfus
DarfusRealEstate andManagement
Buyer's Agent
Jeff Keller
Real Estate Opportunity
List Price
$132,900
Sold Price
$120,000
Premium/Discount to List
-$12,900
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 14, 2006
Sold by
Grumm William H and Grumm Kristi A
Bought by
Darfus Real Estate & Management Llc

Purchase Details

Closed on
Apr 14, 2004
Sold by
Mccray Stewart J and Mccray Diane
Bought by
Grumm William H and Grumm Kristi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
5.48%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 1993
Sold by
Kitchen Dean E Et Al Surv
Bought by
Mccray Stewart J

Purchase Details

Closed on
Jul 15, 1993
Sold by
Kitchen Bertha I
Bought by
Kitchen Bertha I Et Al Surv
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
Deere Enterprises Llc -- None Listed On Document
Keller Thomas C -- Northwest Title
Keller Thomas C -- Northwest Title
Keller Thomas C -- Northwest Title
Darfus Real Estate & Management Llc $71,000 None Available
Grumm William H $61,600 --
Mccray Stewart J $52,900 --
Kitchen Bertha I Et Al Surv -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keller Thomas C $84,000
Previous Owner Keller Thomas C $84,000
Previous Owner Keller Thomas C $84,000
Previous Owner Grumm William H $61,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $120,000 -9.7% $56 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
07/27/2021 07/27/21 For Sale $132,900 0.0% $62 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $132,900 -- $62 / 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 $1,606 $17,860 $10,030 $7,830
2023 $664 $17,860 $10,030 $7,830
2022 $668 $17,860 $10,030 $7,830
2021 $558 $14,000 $10,030 $3,970
2020 $536 $14,000 $10,030 $3,970
2019 $510 $14,000 $10,030 $3,970
2018 $1,432 $27,940 $10,030 $17,910
2017 $1,332 $27,940 $10,030 $17,910
2016 $1,287 $27,940 $10,030 $17,910
2015 $1,300 $27,940 $10,030 $17,910
2014 $1,242 $27,940 $10,030 $17,910
2013 $1,242 $27,940 $10,030 $17,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221026272

Columbus and Central Ohio Regional MLS

APN: 05-35096-500