NOT LISTED FOR SALE

838 E Wheeling St Lancaster, OH 43130

Estimated Value: $109,000 - $205,000

4 Beds
3 Baths
2,224 Sq Ft
$74/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $95,000 $43 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,205/month

43 Days on Market

About This Home

As of March 2023

!!CALLING ALL INVESTORS!!This is a fantastic opportunity to own a conveniently located triplex! Both bottom units are currently rented. Top unit is unfinished. Do not disturb tenants.

Last Agent to Sell the Property

Zachary Wishon

e-Merge Real Estate License #2021000796 Listed on: 02/19/2023

e-Merge Real Estate

Last Buyer's Agent

Kameron Meeting

Best Homes Real Estate Ltd. License #2022007832

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot

Home Design

  • 2,224 Sq Ft Home
  • Duplex

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-35105-200

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,659
  • Gross Income $15,600
  • Net Operating Income $13,941

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,472

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2021
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.25
  • Total Gross Income: 15600.0
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 15600.0
  • Annual Expenses: 1659.0
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2224.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Services Available Electricity Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

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

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-35105-200
  • Lot Size Sq Ft: 10890.0

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 13941.0
  • Annual Operating Expense: 1659.0

Tax Info

  • Tax Annual Amount: 1472.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2023
Closed on
May 4, 2023
Sold by
Sadeski Sonya S
Bought by
Kbm Rei Ii Llc
Seller's Agent
Zachary Wishon
e-Merge Real Estate
Buyer's Agent
Kameron Meeting
Best Homes Real Estate Ltd.
List Price
$149,900
Sold Price
$95,000
Premium/Discount to List
-$54,900
-36.62%
Views
36
Current Estimated Value
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,000
Avg. Annual Appreciation
24.82%
Original Mortgage
$129,200
Outstanding Balance
$117,249
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$47,751

Purchase Details

Listed on
Feb 19, 2023
Closed on
Apr 28, 2023
Sold by
Sadeski George R
Bought by
Sadeski Sonya
Seller's Agent
Zachary Wishon
e-Merge Real Estate
Buyer's Agent
Kameron Meeting
Best Homes Real Estate Ltd.
List Price
$149,900
Sold Price
$95,000
Premium/Discount to List
-$54,900
-36.62%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Outstanding Balance
$117,249
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$47,751

Purchase Details

Listed on
Feb 19, 2023
Closed on
Apr 25, 2023
Sold by
Elizabeth M Sadeski Revocable Living Tru
Bought by
Sadeski George R
Seller's Agent
Zachary Wishon
e-Merge Real Estate
Buyer's Agent
Kameron Meeting
Best Homes Real Estate Ltd.
List Price
$149,900
Sold Price
$95,000
Premium/Discount to List
-$54,900
-36.62%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Outstanding Balance
$117,249
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$47,751

Purchase Details

Closed on
Dec 15, 2022
Sold by
Elizabeth M Sadeski Revocable Living Tru and Sadeski Sonya S
Bought by
Sadeski Sonya S

Purchase Details

Closed on
Dec 13, 2022
Sold by
Elizabeth M Sadeski Revocable Living Tru
Bought by
Sadeski Sonya S

Purchase Details

Listed on
Jan 25, 2012
Closed on
Mar 20, 2012
Sold by
Fannie Mae
Bought by
Sadeski Sonya and Sadeski Elizabeth M
Seller's Agent
William Funtjar
Coldwell Banker Realty
Buyer's Agent
Eileen Hatfield
Transaction Realty
List Price
$31,000
Sold Price
$31,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$24,800
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2011
Sold by
Miller Charles D and Miller Dianne J
Bought by
Fannie Mae

Purchase Details

Closed on
Mar 6, 2007
Sold by
Grubb Thomas E and Grubb Marlo E
Bought by
Miller Charles D and Miller Dianne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,800
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2000
Sold by
Sentinel Storage Corp
Bought by
Grubb Thomas E and Grubb Marlo E

Purchase Details

Closed on
Oct 27, 1997
Sold by
Hahn Erick W
Bought by
Noland Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
7.65%
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
Kbm Rei Ii Llc $95,000 Northwest Advantage Title
Sadeski Sonya -- Northwest Advantage Title
Sadeski George R -- Northwest Advantage Title
Sadeski Sonya S -- None Listed On Document
Sadeski Sonya S -- --
Sadeski Sonya $31,000 Attorney
Fannie Mae $54,000 Attorney
Miller Charles D $94,000 Valmer Land Title Agency
Grubb Thomas E $81,000 --
Noland Aaron $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbm Rei Ii Llc $129,200
Previous Owner Sadeski Sonya $24,800
Previous Owner Miller Charles D $65,800
Previous Owner Noland Aaron $60,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $95,000 -36.6% $43 / Sq Ft
01/14/2023 01/14/23 For Sale $149,900 +383.5% $67 / Sq Ft
03/21/2012 03/21/12 Sold $31,000 0.0% $14 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $31,000 -- $14 / 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 $3,992 $44,400 $13,130 $31,270
2023 $1,650 $44,400 $13,130 $31,270
2022 $1,659 $44,400 $13,130 $31,270
2021 $1,472 $36,920 $13,130 $23,790
2020 $1,412 $36,920 $13,130 $23,790
2019 $1,344 $36,920 $13,130 $23,790
2018 $1,276 $36,900 $13,130 $23,770
2017 $1,154 $30,080 $11,060 $19,020
2016 $1,125 $30,080 $11,060 $19,020
2015 $1,128 $29,260 $11,060 $18,200
2014 $1,076 $29,260 $11,060 $18,200
2013 $1,076 $29,260 $11,060 $18,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223001106

Columbus and Central Ohio Regional MLS

APN: 05-35105-200