$33,000
$7K PRICE DROP

1008 Fairview Ave Lima, OH 45804

Southside Lima Neighborhood

Estimated payment $209/month

Total Views 43,057
3 Beds
1.5 Baths
1,230 Sq Ft
$27 Price per Sq Ft

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.

Listing Agent

Austin McClain

Reafco License #2022000002 Listed on: 09/03/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$413

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Residential
  • Accessible Features: No
  • Year Built: 1920
  • Tax Year: 2024
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.13
  • Co List Office Phone: 614-636-2560
  • MLS Status: Active
  • ResoBuildingAreaSource: Realist
  • Unit Levels: One and One Half
  • New Construction: No
  • Location Property Info List PriceSqFt: 26.83
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • Basement Basement YN2: Yes
  • Air Conditioning Central: Yes
  • Foundation:Poured: Yes
  • Water Source Public Water Source: Yes
  • Accessory Dwelling Unit Existing Accessory Dwelling Unit: No
  • Levels One and One Half: Yes
  • Common Walls No Common Walls: Yes
  • Remarks Misc userdefined79: 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.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Entry Level Bedrooms: 2
  • Upstairs Bedrooms: 1
  • Entry Level Full Bathrooms: 1
  • Upstairs 1 Half Bathrooms: 1
  • Basement: Partial
  • Entry Level Family Room: 1
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 2
  • General Property Info Baths FH: 1.1
  • Basement Description:Partial: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Foundation Details: Poured

Garage/Parking

  • Parking Features No Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: LIMA CSD 206 ALL CO.

Lot Info

  • Parcel Number: 47-06-08-20-001.000
  • Lot Size Sq Ft: 5662.8

Tax Info

  • Tax Annual Amount: 413.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 Price Changed $33,000 -10.8% $27 / 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
Source: Columbus and Central Ohio Regional MLS

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 --
Source: Public Records

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: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225033251

Columbus and Central Ohio Regional MLS

APN: 47-06-08-20-001.000

Ohio Allen County Lima 45804 Southside Lima

1008 Fairview Ave, Lima, OH

For Sale

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Austin McClain
Listing Agent
Austin McClain
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Reafco
(419) 574-6175