NOT LISTED FOR SALE

8628 Otterbein Trail NW Lancaster, OH 43130

Bloom Neighborhood

Estimated Value: $318,000 - $460,000

3 Beds
2.5 Baths
1,768 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $170,000 $96 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,664/month

83 Days on Market

Highlights

  • 2.48 Acre Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Deck
  • 2 Car Attached Garage
  • Family Room

About This Home

As of March 2020

Due to the multiple offers on this asset please proceed with a highest and best request from all active parties, with responses due in 48 hours. Please note that any buyer that is remaining at their original terms will need to resubmit the offer in order for it to be included. In addition please update the MLS to note the request, and that any interested parties must submit their H&B by the deadline. Finally buyers need to provide a firm response; escalation clauses will not be considered. Thanks!

Nice corner lot with a slope. Good schools in the area. Home needs some work and updating. I also want to disclose to any buyers that there is a minor discrepancy (less than 100 sq. ft.) in the GLA in the county records, and buyers to perform their own due diligence in regards to the GLA.

Last Agent to Sell the Property

Paul Eitel

e-Merge Real Estate Crossroads License #2004019747 Listed on: 11/22/2019

e-Merge Real Estate Crossroads

Last Buyer's Agent

Erica Mergel

Red 1 Realty License #2019001749

Red 1 Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 1979

Lot Details

  • 2.48 Acre Lot
  • Sloped Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Family Room
  • Basement Fills Entire Space Under The House
  • Laundry on lower level

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00-80134-300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,229

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1979
  • Tax Year: 2018
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 2.48
  • Co List Office Phone: 740-773-4638
  • MLS Status: Closed
  • ResoBuildingAreaSource: Realist
  • Reso Interior Features: Dishwasher, Electric Range, Electric Water Heater
  • Unit Levels: Two
  • New Construction: No
  • Reso Window Features: Insulated All
  • Location Property Info List PriceSqFt: 94.17
  • Remarks Misc Hot Sheet Comments: price
  • Basement Basement YN2: Yes
  • Rooms LL Laundry: Yes
  • Rooms:Living Room: Yes
  • Air Conditioning Central: Yes
  • Interior Flooring Carpet: Yes
  • Foundation:Block: Yes
  • Interior Flooring Vinyl: Yes
  • Lot Characteristics Sloped Lot: Yes
  • Exterior Vinyl Siding: Yes
  • Rooms Family RmNon Bsmt: Yes
  • Windows Insulated All: Yes
  • Interior Amenities Dishwasher: Yes
  • Interior Amenities Electric Range: Yes
  • Interior Amenities Electric Water Heater: Yes
  • Exterior Amenities Waste TrSys: Yes
  • Levels Two2: Yes
  • Water Source Well: Yes
  • Common Walls No Common Walls: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Upstairs Bedrooms: 3
  • Upstairs 1 Full Bathrooms: 2
  • Entry Level Half Bathrooms: 1
  • Basement: Full
  • Entry Level Family Room: 1
  • Entry Level Living Room: 1
  • Utility Space (Downstairs 1): 1
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • General Property Info Baths FH: 2.1
  • Other Rooms:Dining Room: Yes
  • Basement Description:Full: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Exterior Features: Waste Tr/Sys
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Patio and Porch Features Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached Garage
  • Parking Features 2 Car Garage: Yes
  • Parking Features Attached Garage: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: BLOOM CARROLL LSD 2303 FAI CO.

Lot Info

  • Parcel Number: 00-80134-300
  • Lot Size Sq Ft: 108028.8

Tax Info

  • Tax Annual Amount: 3229.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2023
Sold by
Jenkins L Dean
Bought by
Mergel Erica Nicole and Mergel Christopher M
Current Estimated Value
$392,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Outstanding Balance
$181,133
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$211,024

Purchase Details

Closed on
Mar 18, 2021
Sold by
Jenkins L Dean
Bought by
Mergel Chris and Mergel Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,400
Interest Rate
2.5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Nov 22, 2019
Closed on
Feb 19, 2020
Sold by
Fifth Third Bank Na
Bought by
Jenkins L Dean
Seller's Agent
Paul Eitel
e-Merge Real Estate Crossroads
Buyer's Agent
Erica Mergel
Red 1 Realty
List Price
$174,500
Sold Price
$170,000
Premium/Discount to List
-$4,500
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%

Purchase Details

Closed on
Jul 25, 2019
Sold by
Houchen Michael R
Bought by
Fifth Third Bank

Purchase Details

Closed on
Jan 18, 1994
Sold by
Houchen Debbie L
Bought by
Houchen Michael R

Purchase Details

Closed on
Oct 9, 1992
Sold by
Houchen Debbie L
Bought by
Houchen Debbie L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mergel Erica Nicole $191,400 Northwest Title
Mergel Chris $191,400 None Available
Jenkins L Dean $170,000 Servicelink
Fifth Third Bank $158,589 None Available
Houchen Michael R $120,000 --
Houchen Debbie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mergel Erica Nicole $187,000
Previous Owner Mergel Chris $191,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $170,000 +2.1% $96 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $166,500 -4.6% $94 / Sq Ft
11/21/2019 11/21/19 For Sale $174,500 -- $99 / 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 $7,237 $87,830 $29,010 $58,820
2023 $3,806 $87,830 $29,010 $58,820
2022 $3,835 $87,830 $29,010 $58,820
2021 $3,482 $72,100 $25,660 $46,440
2020 $2,857 $58,730 $25,660 $33,070
2019 $3,711 $75,810 $25,660 $50,150
2018 $3,057 $53,730 $18,970 $34,760
2017 $2,885 $63,070 $18,970 $44,100
2016 $2,843 $63,070 $18,970 $44,100
2015 $2,741 $59,110 $18,970 $40,140
2014 $2,633 $59,110 $18,970 $40,140
2013 $2,633 $59,110 $18,970 $40,140
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2020

    Paul Eitel

    E-Merge

    Section Image

  • E

    Buyer's Agent in 2020

    Erica Mergel

    Red 1 Realty

    (614) 403-4706

    1 Total Sale

    Erica Mergel
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219043517

Columbus and Central Ohio Regional MLS

APN: 00-80134-300

Ohio Fairfield County Lancaster 43130 Bloom

8628 Otterbein Trail NW, Lancaster, OH

Not Listed for Sale

Detached

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