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618 East Fair Avenue

618 East Fair Avenue, Lancaster, OH 43130
Property in Lancaster City
Sold Aug 01, 2003
$78,900
$74,950 by Union Savings Bank
Mortgage Due Aug 01, 2033
Sold Apr 14, 1998
$50,000
618 East Fair Avenue in Lancaster, OH was first built in 1948 and is 76 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 618 East Fair Avenue has 782 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 20 ft and the linear feet between the front and back of the lot is 1,330. In total, the area measurement of the land is 8,581 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. The property was last sold in Jul 30, 2003 for $78,900. That's $100.90 per sqft. Prior to that sales transaction, the property was also sold in Apr 14, 1998 for $50,000. 618 East Fair Avenue was last assessed in 2023. The total value of the property was assessed at $35,450. Specifically, the land the property is located on was valued at $9,630. While improvements on the property were assessed at a total of $25,820. 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 $125. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1948
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,581
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 20
  • Total Building Area: 782
  • Gross Building Area: 817
  • Building Area: 782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 782
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ROGER M WORKS SUB-DIV
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: ROGER M WORKS SUB-DIV LOT 7E 8

Ownership

  • Current Owner : SOWERS MARVIN
  • Current Owner 2: SOWERS CHARLOTTE
  • Previous Owner : BARKER RONALD E
  • Previous Owner 2: BARKER VICTORIA M
  • Owner Before Previous Owner: ELICK MARTHA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Lancaster City School District
  • School Tax School District: LANCASTER CSD
  • Census Tract: 032100

Geography

  • Assessors Map Reference: 0301
  • District: 053
  • Parcel: 05-33145-200
  • Lot: 7E
  • Municipality: LANCASTER CORPORATION
  • Latitude: 39.7232
  • Longitude: -82.59

    Address

  • Full Address: 618 E Fair Ave
  • Address - House Number: 618
  • Street Direction: E
  • Address - Street Name: Fair
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lancaster
  • Carrier Code: C036
  • 4-Digit Zip Code: 2607
  • Zip Code: 43130

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $125
  • Tax Rate Code Area: 053

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 156,026
  • High Value: 185,793
  • Low Value: 126,259

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $89,950
  • First Open Lien Mortgage Lender: UNION SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 01, 2003
  • First Open Lien Mortgage Loan Amount: $74,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2033
  • Second Open Lien Mortgage Lender: PARK NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Aug 10, 2021
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Second Open Lien Mortgage Loan Due Date: Aug 16, 2031

    Market Valuation

  • Market Total Value: $101,300
  • Market Land Value: $27,520
  • Market Improvement Value: $73,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,450
  • Assessed Land Value: $9,630
  • Assessed Improvements Value: $25,820

    Sales

  • Current Sale Contract Date: Jul 30, 2003
  • Current Sale Recording Date: Aug 01, 2003
  • Current Sale Transaction ID: 11450515047
  • Current Sale Price: $78,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200300031460
  • Previous Sale Recording Date: Apr 14, 1998
  • Previous Sale Contract Date: Apr 14, 1998
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION SAVINGS BANK
  • First Mortgage Transaction Date: Aug 01, 2003
  • First Mortgage Loan Amount: $74,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2033

About Lancaster



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Frequently Asked Questions

What neighborhood is 618 East Fair Avenue located in?
The 618 East Fair Avenue is a located in the neighborhood of Lancaster City in Lancaster, Lancaster.
What is the average sales price for listings in 618 East Fair Avenue?
The average sales price for units in 618 East Fair Avenue is $0 currently.

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