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741 Cherokee Dr, Lancaster, OH, 43130

3beds
1baths
916sqft
$189,900
$207price/sqft
$1,436/moest. monthly cost
$57,440/yrincome needed

About This Home

Welcome to this inviting 3-bedroom home with the flexibility of a potential 4th bedroom or home office to fit your lifestyle needs. Outside you will find a fenced backyard that is perfect for pets, play or entertaining. A shed is present to help with storing all of your outdoor equipment and hobbies. This home features an off-street driveway for convenient parking. Whether you are a first-time homebuyer, looking to downsize or searching for an investment property, this home offers comfort, versatility and great value. Schedule your private showing today!

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
69
BikeBikeable

Schools

4/10
5/10
Lancaster High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Slab

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 3

Features

  • Window features: Insulated Windows
  • Flooring: Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 916
  • Total interior livable area: 916 sqft

Property

Details

  • Parcel number: 0535187100
  • Special condition: Standard

Features

  • Levels: One
  • Fencing: Fenced

Lot

  • Lot size: 6,969 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $960$11,520
Home Insurance *$102$1,224
Property Taxes $181$2,172
Electricity $193$2,320
Total$1,436$17,232
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,234/yr
40% on housing$43,080/yr
45% on housing$38,293/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 43130$147
Fairfield County$179

vs Homes Sold Last Month

Median $/sqft

ZIP 43130$167
Fairfield County$181

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Price change$189,900
2026-07-01Listed for sale$199,900
1996-05-01Sold$61,000

For Sale by Agent

AgentAmy Wright
BrokerageSAYRE SEALS & MCMILLAN REAL ESTATE LLC

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