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Backup Offers

1470 Election House Rd NW, Lancaster, OH, 43130

$994,000

3.85 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
MLS #223011844
Lot Size3.85 Acres
StatusAccepting Backup Offers
(Contingent)

About 1470 Election House Rd NW

7.7 acres of commercial zoned (B-1 Business) vacant land ready for development in the Lancaster business district. All municipal utilities available. In the midst of retail, auto dealers, professional offices and a brand-new Sherman Middle School. New traffic signal at N. Memorial Drive and Election House Road gives improved traffic flow to this site.

Property Details

Property Features

Listing Office:

  • Office Name: Rise Realty
  • Listing Agent: Jeffrey A Sauer

Lot Features

Lot Information:

  • Lot Size: 3.85 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $994,000
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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

$231.5K

Med. Price/SqFt

$162

Avg. Days On Market

23

# of Sold Homes

68

1470 Election House Rd NW vs Lancaster

370 DAYS ON ROCKET

+347 Days

$994,000

+$762.4K More

KEY TAKEAWAY

This property is $762.4K more than the Median Sold Price in Lancaster, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #223011844

Listing Office:

  • Office Name: Rise Realty
  • Listing Agent: Jeffrey A Sauer

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: 5/1/2024, 10:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,029

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,047

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NMLS#3030

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-4428285
8
/10

  • Tarhe Elementary School

  • 425 Whittier Dr N

  • 1.42 miles

  • Public District Grades KG-5

school-card-donut-4428286
5
/10

  • Cedar Heights Elementary School

  • 1515 Cedar Hill Rd

  • 2.54 miles

  • Public District Grades KG-5

school-card-donut-4428287
6
/10

  • Tallmadge Elementary School

  • 611 Lewis Ave

  • 3.42 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,647. Typical income of Lancaster, OH residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1470 Election House Rd NW

What is the listing price of this property?

The listing price of 1470 Election House Rd NW property is $994,000.

What type of property is this?

The property 1470 Election House Rd NW is land located in Lancaster, Ohio, 43130.

Is this property for sale now?

Accepting Backup Offers: 1470 Election House Rd NW is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 1470 Election House Rd NW is 3.85 acres.
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Rocket Homes›Ohio›Fairfield County›Lancaster›43130›1470 Election House Rd NW

This home is located at 1470 Election House Rd NW in Lancaster, OH and zip code 43130. This home sits on a 3.85 acre lot. It has been listed on Rocket Homes since April 27, 2023 and is currently priced at $994,000.

In April 2024 more than 31 listings in Lancaster, OH were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 24 were sold below. The number of homes for sale in Lancaster, OH increased by 18.1% between March 2024 and April 2024. In April 2024 median list price was $231,557 and the average listing age was 23 days.

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

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