1008 Fairview Ave Lima, OH 45804
Southside Lima NeighborhoodEstimated payment $230/month
About This Home
This 3-bedroom, 1.5-bath home offers 1,230 sq ft of living space and is priced at just $40,000, presenting an excellent opportunity for both homeowners and investors.
For the owner-occupant, this property provides an affordable path to homeownership with plenty of room to add your own style and updates. With some renovations, it can be transformed into a comfortable and personalized home with a fenced yard, off-street parking, and ample living space — all at a fraction of the cost of renting or buying a move-in ready home.
For the investor, this property represents a strong value-add opportunity. With cosmetic upgrades and improvements, it can be quickly brought to rental standards, offering solid cash flow potential in Lima's rental market. At this price point, there's room to build equity while creating long-term income.
Whether you're looking for a budget-friendly primary residence or your next investment project, 1008 Fairview Ave is a versatile option with tremendous upside.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $413
Year Built
- Built in 1920
Parking
- No Garage
Home Design
- Poured Concrete
Interior Spaces
- 1,230 Sq Ft Home
- 1.5-Story Property
- Partial Basement
Bedrooms and Bathrooms
- 1.5 Bathrooms
Additional Features
- 5,663 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 47-06-08-20-001.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $413 | $9,530 | $950 | $8,580 |
| 2023 | $446 | $9,070 | $910 | $8,160 |
| 2022 | $449 | $9,070 | $910 | $8,160 |
| 2021 | $469 | $9,070 | $910 | $8,160 |
| 2020 | $514 | $9,070 | $910 | $8,160 |
| 2019 | $514 | $9,070 | $910 | $8,160 |
| 2018 | $514 | $9,070 | $910 | $8,160 |
| 2017 | $511 | $9,070 | $910 | $8,160 |
| 2016 | $523 | $9,070 | $910 | $8,160 |
| 2015 | $475 | $9,070 | $910 | $8,160 |
| 2014 | $475 | $8,200 | $950 | $7,250 |
| 2013 | $469 | $8,200 | $950 | $7,250 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Price Changed | $37,000 | -7.5% | $30 / Sq Ft |
| 09/03/2025 09/03/25 | For Sale | $40,000 | -- | $33 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $33,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $27,500 | None Available | |
| Special Warranty Deed | $6,500 | Titlequest Agency Inc | |
| Sheriffs Deed | $5,000 | None Available | |
| Deed | $16,500 | -- | |
| Deed | $16,500 | -- | |
| Deed | $10,000 | -- | |
| Deed | $15,000 | -- | |
| Deed | $3,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $26,400 | Credit Line Revolving | |
| Previous Owner | $26,625 | New Conventional | |
| Previous Owner | $16,500 | New Conventional | |
| Closed | $0 | Land Contract Argmt. Of Sale |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225033251
APN: 47-06-08-20-001.000
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