See Home Value
$144,035*
Land - Off Market

557 South Lane Avenue

Columbus, OH 43206
bedrooms
Studio
bathrooms
0 Bath
$90,000 - $100,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model
Sold Sep 22, 2021
$175,000
$1,162,084 by Heartland Bank
Mortgage Due Feb 10, 2033
Sold Jun 17, 2021
$175,000

About This Property

Vacant land zoned residential in Schumacher Place ready for redevelopment!  Steps from the rapidly developing Parsons corridor and Nationwide Children's Hospital! Close proximity to German Village without Historic development rules!  This is in the South Side Community Reinvestment Area so new development is eligible for tax abatement!  Ideal for single family or condo new builds!     Seller also owns the neighboring vacant lot at 561 South Lane (010094940 & 010049412) and will consider a package deal.  The land in this listing includes a second small parcel in the rear and total dimensions are approximately 31.5 feet by 66.5 feet.
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$139
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Nov 27, 2019 No longer available -
No longer available
Oct 4, 2019 Price Decreased $98,400
↓ $100 (0.1%)
Price Decreased
Aug 17, 2019 Price Decreased $98,500
↓ $100 (0.1%)
Price Decreased
Jun 21, 2019 Price Decreased $98,600
↓ $100 (0.1%)
Price Decreased
May 10, 2019 Price Decreased $98,700
↓ $100 (0.1%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,856
  • Lot Size Depth Feet: 580
  • Lot Size Frontage Feet: 320
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DUNHAM RANKIN & STEWART
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Personal property general
  • State Land Use Code: Personal property general
  • Legal Description 1: 557 SOUTH LN DUNHAM RANKIN & STEWART LOT 23-24

Ownership

  • Current Owner : 1187 HUNTER AVENUE LLC
  • Previous Owner : ROBY DEVELOPMENT LLC
  • Owner Before Previous Owner: PETRA PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Columbus City School District
  • School Tax School District: COLUMBUS CSD
  • Census Tract: 030500

Geography

  • Assessors Map Reference: 010J005 08900
  • Parcel: 010-030455
  • Lot: 23-24
  • Municipality: COLUMBUS CITY
  • Latitude: 39.9504
  • Longitude: -82.9831

    Address

  • Full Address: 557 S Lane Ave
  • Address - House Number: 557
  • Street Direction: S
  • Address - Street Name: Lane
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Columbus Grove
  • Zip Code: 45830

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,488
  • Tax Rate Code Area: 10

    Open Liens

  • First Open Lien Mortgage Lender: HEARTLAND BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,162,084
  • First Open Lien Mortgage Term: 131
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 10, 2033

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $80,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,000
  • Assessed Land Value: $28,000

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11857046942
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202109220169111
  • Previous Sale Recording Date: Jun 17, 2021
  • Previous Sale Contract Date: Mar 19, 2021
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$110,000 Aug 9, 2022
-
$5/mo

About South Columbus


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Frequently Asked Questions

When was property at 557 South Lane built and last sold?
The property at 557 South Lane was built in and last sold on Aug 16, 2021 for $175,000.
How much is this home worth?
The estimated value of the home located at 557 South Lane is $99,384.
What are some comparable homes to 557 South Lane?
There are currently no comparable homes to 557 South Lane.

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