NOT LISTED FOR SALE

Estimated Value: $244,000 - $325,018

5 Beds
4 Baths
3,378 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $145,000 $43 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,925/month

119 Days on Market

Highlights

  • Window Unit Cooling System
  • Hot Water Heating System
  • 4-minute walk to Fountain Square
  • Forced Air Heating and Cooling System

About This Home

As of November 2018

This property is currently set up as three (3) separate apartments, one on the first floor of large house and one on the second floor. New gas furnace for 2nd floor apartment. The house at the rear of the property is another apartment. Currently this property is bringing in $1,780.00 per month when all units are leased. As of the currently listing date all units are leased. If you do not want to be in the rental business the large house could easily be converted to a single family home and the house at the rear of the property could be an in-law suite. This is a great location, within easy walking distance to many restaurants, downtown Lancaster, and within view of two beautiful church buildings and the public library. For more information see the listing details and over 24 pictures.

Last Agent to Sell the Property

Carlos Taylor

Century 21 Darfus Realty License #2002003012 Listed on: 10/23/2018

Century 21 Darfus Realty

Last Buyer's Agent

JAMIE ROHR

Key Realty License #2017002255

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,003

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • 3,378 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 7,405 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 05-32025-200

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Insurance Expense $571
  • Maintenance Expense $209
  • Manager Expense $1,608
  • Professional Management Expense $1,608
  • Operating Expense $4,340
  • Gross Income $20,700
  • Net Operating Income $16,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,003

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2017
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 20700.0
  • Co List Office Phone: 740-687-1011
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 47.34
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 20700.0
  • Annual Expenses: 4340.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3378.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 2.0
  • Miscellaneous WD Hookups: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas 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

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2.0
  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air, Hot Water
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-32025-200
  • Lot Size Sq Ft: 7405.2

Multi Family

  • Monthly Rent (Other): 550.0
  • Number Of Units Total: 3
  • Insurance Expense: 571.0
  • Maintenance Expense: 208.82
  • Resident Manager Expense: 1608.0
  • Net Operating Income: 16360.0
  • Annual Operating Expense: 4340.0

Tax Info

  • Tax Annual Amount: 2003.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 15, 2018
Sold by
The First Presbyterian Church Of Lancast
Bought by
Morley Christopher and Morley Amanda
Seller's Agent
Carlos Taylor
Century 21 Darfus Realty
Buyer's Agent
JAMIE ROHR
Key Realty
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$274,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,755
Avg. Annual Appreciation
9.20%

Purchase Details

Listed on
May 24, 2013
Closed on
Aug 28, 2013
Sold by
Saddlre Thomas R and Saddlre Susan M
Bought by
The First Presbyterian Church Of Lancast
Seller's Agent
Deborah Stemble
Anderson & Co., Realtors
Buyer's Agent
Carlos Taylor
Century 21 Darfus Realty
List Price
$146,500
Sold Price
$141,000
Premium/Discount to List
-$5,500
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Original Mortgage
$118,000
Interest Rate
4.33%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 17, 1993
Sold by
Myers Helen Joos and Myers Everett
Bought by
Myers Everett W & Helen C Trs
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
Morley Christopher $145,000 Sas Title
The First Presbyterian Church Of Lancast $141,000 Valmer Land Title Agency
Myers Everett W & Helen C Trs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The First Presbyterian Church Of Lancast $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2018 11/15/18 Sold $145,000 -9.3% $43 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $159,900 +13.4% $47 / Sq Ft
08/28/2013 08/28/13 Sold $141,000 -3.8% $55 / Sq Ft View Prior Sale
07/29/2013 07/29/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $146,500 -- $57 / 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 $6,122 $95,380 $14,220 $81,160
2024 $6,122 $68,100 $6,270 $61,830
2023 $2,530 $68,100 $6,270 $61,830
2022 $2,545 $68,100 $6,270 $61,830
2021 $2,080 $52,160 $6,270 $45,890
2020 $1,995 $52,160 $6,270 $45,890
2019 $1,899 $52,160 $6,270 $45,890
2018 $2,002 $55,520 $6,270 $49,250
2017 $2,003 $52,200 $5,420 $46,780
2016 $1,952 $52,200 $5,420 $46,780
2015 $2,021 $52,440 $5,420 $47,020
2014 $1,928 $52,440 $5,420 $47,020
2013 $1,928 $52,440 $5,420 $47,020
Source: Public Records

Agents Affiliated with this Home

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Source: Columbus and Central Ohio Regional MLS

MLS Number: 218024462

Columbus and Central Ohio Regional MLS

APN: 05-32025-200

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