NOT LISTED FOR SALE

907 Union St Lancaster, OH 43130

Estimated Value: $187,545 - $208,000

6 Beds
3 Baths
2,592 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $142,500 $55 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,417/month

2 Days on Market

About This Home

As of August 2021

Attention Investors! 100% Occupancy rate with long term tenants in this brick triplex. Each unit offers a living room, dining room, and kitchen on the main level with two bedrooms and a full bathroom upstairs and washer / dryer hookup in the basement. Tenants pay all utilities. Currently brings in $1,225/ month with potential to increase with new tenants and updates to the units. Appliances belong to tenants, do not convey. Property is being sold as-is. Curb offers only at this time.

Last Agent to Sell the Property

Kendra Landis

Key Realty License #2014002653 Listed on: 07/10/2021

Key Realty

Co-Listed By

Stacy Holland

e-Merge Real Estate

Last Buyer's Agent

Lance Gordon

Plum Tree Realty License #2017002915

Plum Tree Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1920

Lot Details

  • 2,178

Parking

  • On-Street Parking

Home Design

  • 2,592 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 2,178 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-31035-400

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $1,771
  • Gross Income $14,700
  • Net Operating Income $12,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,771

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2020
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.05
  • Total Gross Income: 14700.0
  • Co List Office Mls Id: 10659
  • Co List Office Phone: 614-678-5505
  • Co List Office Phone: 614-678-5505
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 14700.0
  • Annual Expenses: 1771.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2592.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-31035-400
  • Lot Size Sq Ft: 2178.0
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 12929.0
  • Annual Operating Expense: 1771.0

Tax Info

  • Tax Annual Amount: 1771.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 20, 2021
Sold by
Shreyer Edna L and Edna L Shreyer Revocable Trust
Bought by
Shiloh Enterprise Llc
Seller's Agent
Kendra Landis
Key Realty
Buyer's Agent
Lance Gordon
Plum Tree Realty
List Price
$149,900
Sold Price
$142,500
Premium/Discount to List
-$7,400
-4.94%
Current Estimated Value
$196,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,136
Avg. Annual Appreciation
8.13%
Original Mortgage
$114,000
Outstanding Balance
$103,347
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$93,289

Purchase Details

Closed on
Jul 8, 2015
Sold by
Shreyer Edna L and Billy M Shreyer Revocable Trus
Bought by
Shreyer Edna L

Purchase Details

Closed on
Mar 23, 2005
Sold by
Shreyer Family Lp
Bought by
Shreyer Billy M and Shreyer Edna L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shiloh Enterprise Llc $142,500 Northwest Advantage Ttl Agcy
Shreyer Edna L -- Attorney
Shreyer Billy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiloh Enterprise Llc $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $142,500 -4.9% $55 / Sq Ft
07/10/2021 07/10/21 For Sale $149,900 -- $58 / 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 $4,483 $49,870 $3,750 $46,120
2023 $1,904 $49,870 $3,750 $46,120
2022 $1,908 $49,870 $3,750 $46,120
2021 $1,761 $43,050 $3,750 $39,300
2020 $1,691 $43,050 $3,750 $39,300
2019 $1,612 $43,050 $3,750 $39,300
2018 $1,161 $38,130 $3,750 $34,380
2017 $1,161 $29,880 $3,750 $26,130
2016 $1,132 $29,880 $3,750 $26,130
2015 $1,157 $30,030 $3,750 $26,280
2014 $1,104 $30,030 $3,750 $26,280
2013 $1,104 $30,030 $3,750 $26,280
Source: Public Records

Agents Affiliated with this Home

  • Kendra Landis

    Seller's Agent in 2021

    Kendra Landis

    Key Realty

    (740) 974-3833

    25 in this area

    141 Total Sales

    Kendra Landis
    Section Image

  • S

    Seller Co-Listing Agent in 2021

    Stacy Holland

    E-Merge

  • Lance Gordon

    Buyer's Agent in 2021

    Lance Gordon

    Plum Tree Realty

    (614) 371-1204

    1 in this area

    36 Total Sales

    Lance Gordon
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221025595

Columbus and Central Ohio Regional MLS

APN: 05-31035-400

Ohio Fairfield County Lancaster 43130

907 Union St, Lancaster, OH

This home is located at 907 Union St, Lancaster, OH 43130 since 10 July 2021 and is currently estimated at $196,636, approximately $75 per square foot. This property was built in 1920. 907 Union St is a home located in Fairfield County with nearby schools including General Sherman Junior High School, Lancaster High School, and St Mary Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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