Nice corner lot conveniently located right off of 188 as you enter into the Lancaster downtown area. All utilities from previous residence still avaialble.
Property Details
Property Features
Listing Office:
Office Name: e-Merge Real Estate Crossroads
Listing Agent: Ashley D VanCleve
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $48,500
Tax Information:
Annual Amount: $698
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lancaster, OH.
This property is $195.6K less than the Median Sold Price in Lancaster, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #224038510
Listing Office:
Office Name: e-Merge Real Estate Crossroads
Listing Agent: Ashley D VanCleve
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$310
Per Month
Principal & Interest
$243
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$212
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Gorsuch West Elementary School
440 Trace Dr
Distance between this listing and this school0.32 miles
Public District Grades KG-5
6
/10
Tallmadge Elementary School
694 Talmadge Ave
Distance between this listing and this school0.81 miles
Public District Grades KG-5
5
/10
Mt. Pleasant Elementary School
712 N Broad St
Distance between this listing and this school1.36 miles
Public District Grades KG-5
Nearby Schools
6
/10
General Sherman Junior High School
1930 Election House Rd NW
Distance between this listing and this school2.79 miles
Public District Grades 6-8
5
/10
Thomas Ewing Junior High School
2024 Sheridan Dr
Distance between this listing and this school3.85 miles
Public District Grades 6-8
6
/10
Bloom-Carroll Middle School
71 S Beaver St
Distance between this listing and this school6.90 miles
Public District Grades 5-8
Nearby Schools
5
/10
Lancaster High School
1312 Granville Pike
Distance between this listing and this school2.36 miles
Public District Grades 9-12
7
/10
Bloom-Carroll High School
5240 Plum Rd
Distance between this listing and this school6.83 miles
Public District Grades 9-12
5
/10
Berne Union High School
506 N Main St
Distance between this listing and this school7.10 miles
The neighbors living near this home have an average income of $44,880. Typical income of Lancaster, OH residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Lancaster, OH
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Lancaster, OH?
The housing landscape in Lancaster, Ohio, is characterized by a mix of architectural styles, with single-family homes being the most prevalent. These homes reflect a range of designs from classic mid-century to more contemporary structures. The market also includes a selection of apartments and townhouses, accommodating various preferences and lifestyles. The area has seen a steady growth in homeownership, with a significant portion of residents owning their homes, while the rest are engaged in the rental market.
Is Lancaster, OH a good place to live?
Lancaster is celebrated for its small-town charm and rich historical heritage. The community prides itself on a strong sense of togetherness, often showcased during local events and festivals that highlight the city's cultural identity. Residents enjoy a blend of traditional values and a welcoming atmosphere that defines the city's character.
Are things conveniently located in Lancaster, OH?
Residents of Lancaster have access to a solid educational system, with multiple public schools serving different age groups and a few private institutions, some of which may have religious affiliations. The city is served by a network of healthcare facilities, including a major hospital that provides a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, offering both familiar and unique experiences.
What does the transportation in Lancaster, OH look like?
Transportation in Lancaster includes a variety of options for residents. Public transit services are available, with bus routes connecting key areas of the city. While specific schedules vary, the frequency of these services is designed to accommodate the needs of commuters and local travelers. The city also supports ride-sharing options, enhancing mobility for those without private vehicles. Lancaster boasts a network of roads and highways that facilitate travel to nearby cities and attractions, with ongoing efforts to improve transport efficiency and accessibility for all residents.
Frequently Asked Questions About 114 S Cedar Ave
What is the listing price of this property?
The listing price of 114 S Cedar Ave property is $48,500.
What type of property is this?
The property 114 S Cedar Ave is land located in Lancaster, Ohio, 43130.
Is this property for sale now?
Active Listing: 114 S Cedar Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $698 (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 5, 2006 for $85,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 114 S Cedar Ave in Lancaster, OH and zip code 43130. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $48,500.
In November 2024 more than 0 listings in Lancaster, OH were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below. Between October 2024 and November 2024, Lancaster, OH real estate market has seen decrease in the number of listings by 5.3%. Listings spent 167 days on the market in November 2024, and had a median list price of $244,125 during the same period.
From Rocket Homes Real Estate and based on county public records data.