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Backup Offers

616 Reese Ave, Lancaster, OH, 43130

$214,900

Home List Price

$2,552*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
936 SqFt
$230/SqFt
House
Schools Nearby

Location

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616 Reese Ave, Lancaster$214,900

Buyer Closing Credits

$2,552*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 Off Street, On Street, Shared Driveway
Year Built1958
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #224015486
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Contingent Escape)

About 616 Reese Ave

**MULTIPLE OFFERS RECEIVED -- Seller is calling for Highest & Best by 5/20/24 @12 Noon** Great opportunity in a quickly appreciating community within walking distance of Historic Downtown Lancaster! Enjoy your spacious 3-bed, 1.5 bath home with several notable features, Including: A finished basement-bar that adds an additional 400+ sq ft of below grade space; Large back yard with a deck, utility shed & privacy fence; Washer & Dryer hookups on both the Entry Level & Basement; Walk-in Shower with safety bars; all new Carpet & LVP; Freshly painted walls & ceiling; and other minor cosmetic updates. Conveniently located only minutes from Downtown Lancaster, Maher Park, Fred's Fine Meats & Cheeses, Talmadge Elementary School & the River Valley Mall. Own your piece of Lancaster today!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1958
  • Living Area: 936 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Zack W Linder

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave, Electric Range, Washer/Dryer Connection
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl
  • Interior: Dishwasher, Refrigerator, Microwave, Electric Range, Electric Dryer Hookup

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Aluminum Siding, Vinyl Siding, Deck, Storage Shed, Fenced Yard

Parking Information:

  • Parking: 1 Off Street, On Street, Shared Driveway

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,900
  • Price Per SqFt: $230/SqFt

Tax Information:

  • Annual Amount: $1,148
  • 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

616 Reese Ave vs Lancaster

13 DAYS ON ROCKET

-10 Days

$214,900

-$16.6K Less

$230/SqFt

+$68 More

KEY TAKEAWAY

This property is $16.6K less than the Median Sold Price and $68/SqFt more than other homes in Lancaster, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224015486

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Zack W Linder

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: 5/29/2024, 5:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 2021Home Sold
$138,200

Tax History

YEARPROP. TAXASSESSMENT
2020$1,148$31,520
2019$1,147$31,520
2018$948$24,740
2017$925$24,740

History based on county public records data.

Payment Calculator

$1,140

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-4265953
6
/10
  • Tallmadge Elementary School

  • 611 Lewis Ave

  • 0.13 miles

  • Public District Grades PK-5

school-card-donut-4265954
5
/10
  • Cedar Heights Elementary School

  • 1515 Cedar Hill Rd

  • 0.99 miles

  • Public District Grades KG-5

school-card-donut-4265955
5
/10
  • East Elementary School

  • 751 E Wheeling St

  • 1.61 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,828. Most Lancaster, OH residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 616 Reese Ave

What is the listing price of this property?

The listing price of 616 Reese Ave property is $214,900.

What type of property is this?

The property 616 Reese Ave is a house located in Lancaster, Ohio, 43130.

Is this property for sale now?

Accepting Backup Offers: 616 Reese 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 $1,148 (source: MLS/based on county public records data).

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

The last sale was on February 11, 2021 for $138,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 616 Reese Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 616 Reese Ave is 936 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 616 Reese Ave is 1958.

Rocket Homes›Ohio›Fairfield County›Lancaster›43130›616 Reese Ave

This home is located at 616 Reese Ave in Lancaster, OH and zip code 43130. This 936 square foot home, which was built in 1958, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $214,900.

While more than 31 listings in Lancaster, OH in April 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 24 were sold below. In April 2024 in Lancaster, OH there were 18.1% more homes for sale than in March 2024. In April 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $231,557.

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

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