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218 Williamsburg Lane

218 Williamsburg Lane, Lancaster, OH 43130
Property in Lancaster City
Sold Aug 06, 2021
$135,000
$132,554 by Cason Home Loans
Mortgage Due Aug 01, 2051
Local assessors in Lancaster, OH have categorized 218 Williamsburg Lane as a residential type of property. The home was built in 1977 and is 47 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 9,309 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 1,070 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 218 Williamsburg Lane has a total of 888 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 218 Williamsburg Lane sold most recently in Jul 9, 2021 for a total of $135,000. If you work out the math, that's approximately a cost of $98.68 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,956 in taxes each year. The initial year of tax delinquency occurred in 2017. 218 Williamsburg Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $52,340. If we break it down further, the land itself was valued at $12,080. Improvements to the property, however, were assessed at a total of $40,260. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,309
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 888
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 888
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HUNTER TRACE ESTATES
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: HUNTER TRACE ESTATES PART 1 LOT 55

Ownership

  • Current Owner : REED TIFFANY
  • Current Owner 2: REED RYAN
  • Previous Owner : MINYO RITA E
  • Previous Owner 2: THE RITA E MINYO REVOCABLE TRU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lancaster City School District
  • School Tax School District: LANCASTER CSD
  • Census Tract: 031600

Geography

  • Assessors Map Reference: 0622
  • District: 053
  • Parcel: 05-36272-800
  • Lot: 55
  • Municipality: LANCASTER CORPORATION
  • Latitude: 39.7069
  • Longitude: -82.6266

    Address

  • Full Address: 218 Williamsburg Ln Nw
  • Address - House Number: 218
  • Street Segment Direction: NW
  • Address - Street Name: Williamsburg
  • Address - Suffix Type: Ln
  • State: OH
  • City Name: Lancaster
  • Carrier Code: C007
  • 4-Digit Zip Code: 4168
  • Zip Code: 43130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,956
  • Intital Tax Deliquent Year: 2017

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 196,872
  • High Value: 234,431
  • Low Value: 159,313

    Open Liens

  • First Open Lien Mortgage Lender: CASON HOME LOANS
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $132,554
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $149,530
  • Market Land Value: $34,510
  • Market Improvement Value: $115,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,340
  • Assessed Land Value: $12,080
  • Assessed Improvements Value: $40,260

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11853415937
  • Current Sale Price: $135,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 202100020646

    Last Sale Mortgage

  • First Mortgage Lender: CASON HOME LOANS
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $132,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

About Lancaster



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Frequently Asked Questions

What neighborhood is 218 Williamsburg Lane located in?
The 218 Williamsburg Lane is a located in the neighborhood of Lancaster City in Lancaster, Lancaster.
What is the average sales price for listings in 218 Williamsburg Lane?
The average sales price for units in 218 Williamsburg Lane is $0 currently.

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