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116 E Fair Ave, Lancaster, OH, 43130

$204,900

Home List Price

$2,433*

Closing Credit

3 Bedrooms
2 Full Baths
1,202 SqFt
$170/SqFt
House
Schools Nearby

Location

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116 E Fair Ave, Lancaster$204,900

Buyer Closing Credits

$2,433*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Car Garage
Garage1 space
Year Built1926
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #224005972
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Contingent)

About 116 E Fair Ave

Welcome to this charming 2-story single-family home located directly across the street from the Fairfield County Fair Grounds in Lancaster, Ohio. This completely renovated home offers the perfect blend of historic charm and modern living. Offering 3 bedrooms, 2 full bathrooms, and a versatile flex room that could serve as a den, dining area, or even a first-floor bedroom thanks to its closet and ample built-in storage. Seller is providing a home warranty. Additional highlights include a new roof and furnace installed in 2022, new windows in 2023, along with a new water heater and electric service in 2024 ensuring comfort and peace of mind for years to come. Conveniently located within close proximity to shops, restaurants, and recreational amenities.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1926
  • Living Area: 1,202 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Shannon Listebarger

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Vinyl Siding

Parking Information:

  • Garage Space: 1 space
  • Parking: 1 Car Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $204,900
  • Price Per SqFt: $170/SqFt

Tax Information:

  • Annual Amount: $1,045
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lancaster, OH.

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Lancaster, OH

City

Med. Sold Price

$230K

Med. Price/SqFt

$160

Avg. Days On Market

21

# of Sold Homes

52

116 E Fair Ave vs Lancaster

59 DAYS ON ROCKET

+38 Days

$204,900

-$25.1K Less

$170/SqFt

+$10 More

KEY TAKEAWAY

This property is $25.1K less than the Median Sold Price and $10/SqFt more than other homes in Lancaster, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224005972

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Shannon Listebarger

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 6:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2012Home Sold
$339,535
Jan 31, 2008Home Sold
$55,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,045$28,690
2019$1,044$28,690
2018$959$25,030
2017$961$25,030

History based on county public records data.

Payment Calculator

$1,090

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$681

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3265558
5
/10

  • East Elementary School

  • 751 E Wheeling St

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-3265559
6
/10

  • Tallmadge Elementary School

  • 611 Lewis Ave

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-3265560
5
/10

  • Cedar Heights Elementary School

  • 1515 Cedar Hill Rd

  • 1.40 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,769. The most common annual income of people living in Lancaster, OH is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 E Fair Ave

What is the listing price of this property?

The listing price of 116 E Fair Ave property is $204,900.

What type of property is this?

The property 116 E Fair Ave is a house located in Lancaster, Ohio, 43130.

Is this property for sale now?

Accepting Backup Offers: 116 E Fair Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,045 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 7, 2012 for $339,535. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 E Fair Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 116 E Fair Ave is 1,202 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 E Fair Ave is 1926.

Rocket Homes›Ohio›Fairfield County›Lancaster›43130›116 E Fair Ave

This home is located at 116 E Fair Ave in Lancaster, OH and zip code 43130. This 1,202 square foot home, which was built in 1926, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $204,900.

In March 2024 more than 22 listings in Lancaster, OH were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 23 were sold below. The number of listings in Lancaster, OH increased by 0.9% between February 2024 and March 2024. In March 2024 median list price was $230,000 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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