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2501 N Memorial Dr, Lancaster, OH, 43130

$1,675,000

2.45 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeBusiness
Year Built1990
MLS #223012013
Lot Size2.45 Acres
StatusAccepting Backup Offers
(Contingent)

About 2501 N Memorial Dr

High visibility corner in the Lancaster Commercial Corridor. Prime 2.446-acre of land with 6240 SF building at Ety Road and N. Memorial Drive. Surrounded by automobile dealers, retailers, restaurants and various other businesses including Hugh White Chevrolet, Buckeye Honda, Giant Eagle, Walmart, Menards, Kohls and FMC Medical Facility.

Property Details

Property Features

Property Information:

  • Year Built: 1990

Listing Office:

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

Lot Features

Lot Information:

  • Lot Size: 2.45 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,675,000

Tax Information:

  • Annual Amount: $13,760
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$231.5K

Med. Price/SqFt

$162

Avg. Days On Market

23

# of Sold Homes

68

2501 N Memorial Dr vs Lancaster

369 DAYS ON ROCKET

+346 Days

$1,675,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price in Lancaster, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #223012013

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

Listing History

Jul 08, 2021Home Sold
$1,200,000
Jun 09, 2015Home Sold
$1,400,000
Jan 22, 2004Home Sold
$1,330,000

Tax History

YEARPROP. TAXASSESSMENT
2020$13,760$249,600

History based on county public records data.

Payment Calculator

$8,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,088

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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-4445672
8
/10
  • Tarhe Elementary School

  • 425 Whittier Dr N

  • 0.84 miles

  • Public District Grades KG-5

school-card-donut-4445673
5
/10
  • Cedar Heights Elementary School

  • 1515 Cedar Hill Rd

  • 1.92 miles

  • Public District Grades KG-5

school-card-donut-4445674
6
/10
  • Tallmadge Elementary School

  • 611 Lewis Ave

  • 2.77 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,384. Residents of Lancaster, OH typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2501 N Memorial Dr

What is the listing price of this property?

The listing price of 2501 N Memorial Dr property is $1,675,000.

What type of property is this?

The property 2501 N Memorial Dr is land located in Lancaster, Ohio, 43130.

Is this property for sale now?

Accepting Backup Offers: 2501 N Memorial Dr 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 $13,760 (source: MLS/based on county public records data).

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

The last sale was on July 8, 2021 for $1,200,000. (source: MLS/tax record).

How much acreage is this property?

The property 2501 N Memorial Dr is 2.45 acres.
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Rocket HomesOhioFairfield CountyLancaster431302501 N Memorial Dr

This home is located at 2501 N Memorial Dr in Lancaster, OH and zip code 43130. This home, which was built in 1990, sits on a 2.45 acre lot. It has been listed on Rocket Homes since April 28, 2023 and is currently priced at $1,675,000.

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. Between March 2024 and April 2024, Lancaster, OH real estate market has seen increase in the number of listings by 18.1%. 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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