507 Reese Ave
Lancaster, OH 43130
2 bd 2 ba 768 sqft Built 1949 Lot 9,148 sqft single_family
Most recent sale
$171,000
Oct 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 20, 2025 | Sold | $190,500 | Public Record |
| Mar 19, 2025 | Listed | $190,500 | MLSNOW |
| Mar 17, 2025 | Sold | $190,500 | ColumbusCORMLS |
| Feb 7, 2025 | Listed | $190,500 | MLSNOW |
| Oct 20, 2022 | Sold | $171,000 | Public Record |
| Oct 10, 2022 | Sold | $171,000 | ColumbusCORMLS |
| Sep 8, 2022 | Listed | $164,888 | MLS #222033836 |
| Dec 17, 2015 | Sold | $74,900 | Public Record |
| Dec 10, 2015 | Sold | $74,900 | ColumbusCORMLS |
| Nov 2, 2015 | Listed | $74,900 | MLS #215039153 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $44,268 | $15,530 | $59,798 | $2,273 |
| 2024 | $44,268 | $15,530 | $59,798 | $1,709 |
| 2023 | $32,970 | $8,022 | $40,992 | $1,524 |
| 2022 | $32,970 | $8,020 | $40,990 | $1,497 |
| 2021 | $22,090 | $8,020 | $30,110 | $1,202 |
| 2020 | $22,090 | $8,020 | $30,110 | $1,209 |
| 2019 | $22,090 | $8,020 | $30,110 | $1,098 |
| 2018 | $15,900 | $8,020 | $23,920 | $904 |
| 2017 | $15,900 | $8,020 | $23,920 | $904 |
| 2016 | $15,900 | $8,020 | $23,920 | $881 |
| 2015 | $15,220 | $8,020 | $23,240 | $901 |
| 2014 | $15,220 | $8,020 | $23,240 | $860 |
| 2013 | $15,220 | $8,020 | $23,240 | $860 |
| 2012 | $15,650 | $7,380 | $23,030 | $798 |
| 2011 | $15,650 | $7,380 | $23,030 | $713 |
| 2010 | $15,650 | $7,380 | $23,030 | $242 |
| 2009 | $17,010 | $8,020 | $25,030 | $285 |
Property facts
Year built
1949
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
768 sqft
Lot size
9,148 sqft
ZIP code
43130
City
Lancaster
Street
Reese Ave
Coordinates
39.70483, -82.60944
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,152
Gross rental yield
8.08%
Implied cap rate
5.25%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Reese Ave last sell?
507 Reese Ave most recently sold on Oct 20, 2022 for $171,000.
What is the current tax assessment for 507 Reese Ave?
The most recent total assessment for 507 Reese Ave (year 2025) is $59,798 with $2,273 in property tax.
How does 507 Reese Ave's assessment compare to its last sale price?
The current assessment is 65.0% below the last sale price of $171,000.
When was 507 Reese Ave built?
507 Reese Ave was built in 1949.
How does 507 Reese Ave compare to others on Reese Ave?
We track 8 other properties on Reese Ave. Browse the list under "Other properties on Reese Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Reese Ave?
507 Reese Ave is a 2 bed, 2 bath, 768 sqft, 9,148 sqft lot single_family.
Is 507 Reese Ave a flip candidate?
No — 507 Reese Ave does not appear in our flips dataset.
Is 507 Reese Ave a tax-appeal candidate?
No — 507 Reese Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.9%
Implied 1-yr
-7.5%
2026 Q3
$302.9K
2026 Q4
$296.4K
ZIP 43130 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Reese Ave