NOT LISTED FOR SALE

907 Union St Lancaster, OH 43130

Estimated Value: $183,000 - $216,000

6 Beds
3 Baths
2,592 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 20, 2021

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

Est. 40% increase in value since last sale

Current estimated payment $1,402/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

2,178 Sq Ft Lot

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
  • Location Property Info List PriceSqFt: 57.83
  • Remarks Misc Hot Sheet Comments: new
  • 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
$200,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,665
Avg. Annual Appreciation
7.86%
Original Mortgage
$114,000
Outstanding Balance
$102,425
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$97,740

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
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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 List to Sale Price per Sq Ft
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

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
2025 $4,483 $63,480 $6,240 $57,240
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

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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

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