640 Lancaster Ave, Reynoldsburg, OH, 43068

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

640 Lancaster Ave, Reynoldsburg$1,999,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Parking5 Car Garage +, Attached Garage, Detached Garage, Heated, Opener, Side Load

Attached Garage5 spaces

Year Built1999

HeatingForced Air, Natural Gas

CoolingCentral Air

BasementYes

FireplaceGas Log, Three

MLS #224012804

Lot Size3.54 Acres

StatusActive

About 640 Lancaster Ave

Words cannot describe this incredible property AND opportunity! An oasis near everything yet with a total sense of privacy. Enter through the gates and follow the 900+ ft drive through the 3.5 acres to the 8300 sq ft main house plus an additional 3600 sq ft Party Barn / Barndominium! The fully updated main house w/5 car attached Garage features a spacious and open first fl plan w/ a Primary Suite, private Office/Den, 2 story Great Rm, Kitchen, Dining, Laundry, and 2 1/2 Baths all looking out onto a wooded paradise w/ over 100' of deck. Upstairs, are 2 large Bed Rm suites. Downstairs is a walk out LL with a Rec Rm and Bar, Home Theater, Spa, 2nd Kitchen, Bed Rm Suite, & plenty of Storage. The separate building could be a revenue generating facility along with a 2 Bed Rm Guest cottage!

View More

Property Details

Property Features

Property Information:

• Architectural Style: 2 Story
• Year Built: 1999
• Living Area: 11,900 SqFt

Listing Office:

• Office Name: Coldwell Banker Realty
• Listing Agent: Jeff Ramm

Interior Features

Interior Information:

• Appliances: Central Vacuum, Dishwasher, Electric Range, Microwave, Refrigerator, Security System
• Basement: Yes
• Flooring Type: Carpet, Ceramic/Porcelain, StoneSolid/Composite, Wood-Solid or Veneer
• Interior: Central Vac, Dishwasher, Electric Range, Microwave, Refrigerator, Security System
• Fireplace: Gas Log, Three

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 4
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Exterior: Stone, Wood Siding, Additional Building, Balcony, Deck, Patio

Parking Information:

• Garage Space: 5 spaces
• Attached Garage: Yes
• Parking: 5 Car Garage +, Attached Garage, Detached Garage, Heated, Opener, Side Load

Lot Features

Lot Information:

• Lot Size: 3.54 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Natural Gas
• Cooling: Central Air

School Info

Assigned Schools Information:

• Reynoldsburg High School eSTEM Academy, Public District Grades 9-12
• Waggoner Road Junior High School, Public District Grades 7-8
• Waggoner Road Middle School, Public District Grades 5-6
• French Run Elementary School, Public District Grades KG-4

Other

Directions Information:

• Directions: Between Broad and Main St

Price Information

Listing Price Info

Price Summary:

• List Price: $1,999,000
• Price Per SqFt: $168/SqFt

Tax Information:

• Annual Amount: $17,388
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Reynoldsburg, OH

City

Med. Sold Price

$290K

Med. Price/SqFt

$169

Avg. Days On Market

17

# of Sold Homes

47

640 Lancaster Ave vs Reynoldsburg

9 DAYS ON ROCKET

-8 Days

$1,999,000

+$1.7M More

$168/SqFt

-$1 Less

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $1/SqFt less than other homes in Reynoldsburg, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #224012804

Listing Office:

• Office Name: Coldwell Banker Realty
• Listing Agent: Jeff Ramm

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: 5/5/2024, 10:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 23, 2018	Mar 23, 2018Home Sold	$599,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$17,388	$262,080
2019	$15,346	$209,650
2018	$15,347	$209,650
2017	$19,604	$268,030

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$10K

Per Month

Principal & Interest

$9,977

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,060

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Ohio›Franklin County›Reynoldsburg›43068›640 Lancaster Ave

This home is located at 640 Lancaster Ave in Reynoldsburg, OH and zip code 43068. This 11,900 square foot home, which was built in 1999, sits on a 3.54 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,999,000.

Over 23 listings were sold over their listed price in April 2024 in Reynoldsburg, OH. In the same period over 9 listings were sold below the listed price and 15 listings were sold for the listed price. Between March 2024 and April 2024, Reynoldsburg, OH real estate market has seen increase in the number of listings by 14.4%. While the average time on the market in April 2024 was 17 days, the median list price was $290,000.

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