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225 Park Street

225 Park Street, Lancaster, OH 43130
Property in Lancaster City
Sold Apr 17, 2023
$250,000
$232,750 by Lower, Llc
Mortgage Due May 01, 2053
Sold Feb 22, 2019
$151,000
$146,470 by Polaris Home Funding Corp
Mortgage Due Mar 01, 2049
225 Park Street has been categorized by the local assessors in Lancaster, OH as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 225 Park Street has 1,757 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,420 ft and across the front of the lot is 420 ft. The area measurement of the land has been determined as 5,963 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Apr 10, 2023 for $250,000. That's $142.29 per sqft. Prior to that sales transaction, the property was also sold in Feb 18, 2019 for $151,000. 225 Park Street was last assessed in 2023. The total value of the property was assessed at $49,990. Specifically, the land the property is located on was valued at $5,930. While improvements on the property were assessed at a total of $44,060. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,825. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,963
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,757
  • Gross Building Area: 1,757
  • Building Area: 1,757
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,757
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BECKERS SUB
  • Land Acres: 0.137
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: BECKERS SUB LOT 4

Ownership

  • Current Owner : DINAN ANNAMARIE ELIZABETH
  • Previous Owner : RINE RACHEAL
  • Owner Before Previous Owner: GAWELL SCOTT
  • Owner Before Previous Owner 2: COCO HELEN
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lancaster City School District
  • School Tax School District: LANCASTER CSD
  • Census Tract: 032000

Geography

  • Assessors Map Reference: 0204
  • District: 053
  • Parcel: 05-32081-400
  • Lot: 4
  • Municipality: LANCASTER CORPORATION
  • Latitude: 39.7262
  • Longitude: -82.6051

    Address

  • Full Address: 225 Park St
  • Address - House Number: 225
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: OH
  • City Name: Lancaster
  • Carrier Code: C017
  • 4-Digit Zip Code: 1751
  • Zip Code: 43130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,825
  • Tax Rate Code Area: 053

    Appraisal Valuation

  • Standard Deviation: 0.2041
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 223,310
  • High Value: 268,892
  • Low Value: 177,727

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,750
  • First Open Lien Mortgage Lender: LOWER, LLC
  • First Open Lien Mortgage Recording Date: Apr 17, 2023
  • First Open Lien Mortgage Loan Amount: $232,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $142,830
  • Market Land Value: $16,940
  • Market Improvement Value: $125,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,990
  • Assessed Land Value: $5,930
  • Assessed Improvements Value: $44,060

    Sales

  • Current Sale Contract Date: Apr 10, 2023
  • Current Sale Recording Date: Apr 17, 2023
  • Current Sale Transaction ID: 11905171153
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5637
  • Previous Sale Recording Date: Feb 22, 2019
  • Previous Sale Contract Date: Feb 18, 2019
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOWER, LLC
  • First Mortgage Transaction Date: Apr 17, 2023
  • First Mortgage Loan Amount: $232,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: POLARIS HOME FUNDING CORP
  • Previous Mortgage Transaction Date: Feb 22, 2019
  • Previous Mortgage Loan Amount: $146,470
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Lancaster



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Frequently Asked Questions

What neighborhood is 225 Park Street located in?
The 225 Park Street is a located in the neighborhood of Lancaster City in Lancaster, Lancaster.
What is the average sales price for listings in 225 Park Street?
The average sales price for units in 225 Park Street is $0 currently.

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