20 days on rocket

8538 Royalton Rd SW, Lancaster, OH, 43130

$279,900

Home List Price

$3,324*

Closing Credit

0 Baths
Multi

Location

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8538 Royalton Rd SW, Lancaster$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Parking5 Car Garage +
Year Built2013
HeatingForced Air, Electric
CoolingWindow Unit(s)
MLS #224038161
Lot Size0.77 Acres
StatusActive

About 8538 Royalton Rd SW

Suoer cool Investment Opportunity. This a 2 unit (Approx 1300 sq ft each) 2 BR, 1 BA duplex with a full front porch and separate 38'x 48' 2 story garage. Barndominium style built. All 3 units are leased independantly, well into 2025, with gross rents equaling $2650 a month. Current leases and deposits transfer to buyer at closing. Seller pays for trash. Tenants pay all untilties. Zoned a 3 famiy dwelling. Property is on private well & septic. See ATA remarks and offer instructions doc.

Property Details

Property Features

Property Information:

  • Year Built: 2013

Listing Office:

  • Office Name: Howard HannaRealEstateServices
  • Listing Agent: Donald E Shaffer

Exterior Features

Parking Information:

  • Parking: 5 Car Garage +

Lot Features

Lot Information:

  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900

Tax Information:

  • Annual Amount: $2,155
  • Tax Year: 2020
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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. List Price

$239.1K

Med. Price/SqFt

$163

Avg. Days On Market

569

# of Sold Homes

2

8538 Royalton Rd SW vs Lancaster

20 DAYS ON ROCKET

-549 Days

$279,900

+$40.7K More

KEY TAKEAWAY

This property is $40.7K more than the Median List Price in Lancaster, OH.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224038161

Listing Office:

  • Office Name: Howard HannaRealEstateServices
  • Listing Agent: Donald E Shaffer

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: 11/14/2024, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,155$55,820
2019$2,154$55,820
2018$2,120$53,780
2017$2,127$53,780

History based on county public records data.

Payment Calculator

$1,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-227253
7
/10

  • Bloom Carroll Intermediate School

  • 200 Market St S

  • 5.60 miles

  • Public District Grades 3-4

school-card-donut-227254
6
/10

  • Amanda-Clearcreek Elementary School

  • 328 E Main St

  • 5.66 miles

  • Public District Grades 3-5

school-card-donut-227255
8
/10

  • Walnut Elementary School

  • 7150 Ashville Fairfield Rd

  • 7.20 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 $72,521. The majority of Lancaster, OH residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree 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 are the common housing types 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.

What are the advantages of living in Lancaster, OH?

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 essential services in Lancaster, OH convenient?

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.

How do Lancaster, OH residents get around?

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.

Rocket Homes›Ohio›Fairfield County›Lancaster›43130›8538 Royalton Rd SW

This home is located at 8538 Royalton Rd SW in Lancaster, OH and zip code 43130. This home, which was built in 2013, sits on a 0.77 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $279,900.

The inventory of homes for sale in Lancaster, OH between September 2024 and October 2024 decreased by 43.8%. The median list price of listings available in October 2024 was $239,146, while the average time on the real estate market was 569 days.

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

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