NOT LISTED FOR SALE

111 Hartford Ct Lima, OH 45805

Estimated Value: $309,000

12 Beds
6 Baths
3,870 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $552,500 $143 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $1,978/month

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • 111 Car Attached Garage

About This Home

As of January 2022

ATTN INVESTORS: PACKAGE SALE OF 111-115 Hartford Ct & 220-224 Hartford Ct. Lima, OH 45805! Excellent cash flow on these two Elida Triplex units at hand for a new owner! 111-115 Hartford Ct consists of 3 units; 2 bed, 2 baths, approx 1290 sq ft, 1 car attached garage & 150 amp electrical breaker panel per unit. 220-224 Hartford Ct consists of 3 units; 220 & 222 Hartford Ct are 2 bedrooms 2.5 bathroom units with 1 car attached garages & 150 amp electrical panels and 224 Hartford is a 2 bed, 2 bath ranch unit with a 1 car attached garage & 150 amp electrical panel. All units have individual W/D hookups. Combined rent roll for the two tri's = $5385.00 per month. Long term tenants in place so PLEASE DO NOT DISTRUB TENANTS. Tenants pay water, electric, trash & sewer. AS IS SALE & No showings on the interior will be available. Interiors will be made available for home inspection & appraisal only. Call today to discuss this excellent investment opportunity at hand.,Additional lease options: and 12 Months

Last Agent to Sell the Property

Scott Weaver

Superior Plus Realtors License #2012000190 Listed on: 11/01/2021

Last Buyer's Agent

RENEE SMILEY

Cowan, Realtors License #0000448470

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,647

Lot Details

  • 0.4

Parking

  • 111 Car Attached Garage

Home Design

  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 12 Bedrooms
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 6 Units
  • On-Site Maintenance

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water, electricity
  • The owner pays for grounds care
  • Assessor Parcel Number SEE AUDITORS

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,647

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .4A
  • Directions: Edgewood Dr. to NORTH on Juneau Dr. to WEST on Hartford Ct. THIS IS A PACKAGE SALE OF 111-115 HARTFORD CT & 220-224 HARTFORD CT. LIMA, OHIO 45805
  • Unit Levels: Two
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: SEE AUDITORS
  • Tax Info:Tax Annual Amount: 7647.16
  • Remarks Misc:Private Remarks2: AS IS SALE - DO NOT DISTURB TENANTS - NO INTERIOR SHOWINGS. Interiors will be made available for inspection & appraisal only. Call Scott @ 937-321-4740 to discuss details. Email offers to SWeaver@SuperiorRealtors.com - I look forward to working with you.
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: .4A
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 6
  • Levels:Two2: Yes
  • Cooling:Heat Pump2: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Location Property Info:Lease Term3: Month To Month
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Unit 4 Info:Furnished YN4: No
  • Unit 4 Features:Oven5: Yes
  • Unit 4 Features:Range5: Yes
  • Unit 6 Info:Furnished YN6: No
  • Roof:Asphalt3: Yes
  • Owner Pays:Grounds Care: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: VirtualTour

Interior Features

  • Owner Pays: Grounds Care
  • Total Bedrooms: 12
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 2 Features:Dryer Hookup2: Yes
  • Unit 2 Features:Washer Hookup2: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes
  • Unit 1 Features:Dishwasher2: Yes
  • Unit 2 Features:Dishwasher3: Yes
  • Unit 3 Features:Dishwasher4: Yes
  • Unit 4 Features:Dishwasher5: Yes
  • Unit 3 Features:Dryer Hookup3: Yes
  • Unit 3 Features:Washer Hookup3: Yes
  • Unit 4 Features:Dryer Hookup4: Yes

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Roof: Asphalt
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Other
  • Parking Features:Attached: Yes
  • Parking Features:Other20: Yes
  • Unit 1 Info:Parking Total3: 111
  • Unit 2 Info:Parking Total4: 113
  • Unit 3 Info:Parking Total5: 115
  • Unit 4 Info:Parking Total6: 220
  • Unit 5 Info:Parking Total7: 222

Utilities

  • Cooling: Central Air, Heat Pump, Separate Meters
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Electric, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump: Yes
  • Heating:Separate Meters2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Elida

Lot Info

  • Land Lease: No
  • Parcel #: SEE AUDITORS
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Sewer, Trash Collection, Water, Electricity

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 7647.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 14, 2022
Sold by
Joseph Gorn Sr
Bought by
Joseph Gorn Sr Revocable Living Trust
Seller's Agent
Scott Weaver
Superior Plus Realtors
Buyer's Agent
RENEE SMILEY
Cowan, Realtors
List Price
$550,000
Sold Price
$552,500
Premium/Discount to List
$2,500
0.45%
Current Estimated Value
$309,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$243,500
Avg. Annual Appreciation
-13.58%
Original Mortgage
$840,000
Outstanding Balance
$723,517
Interest Rate
3.22%
Mortgage Type
Commercial
Estimated Equity
-$414,517

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 13, 2022
Sold by
Joseph Gorn Revocable Living Trust and Pugel Mary J
Bought by
Red Carpet Rental Properties
Seller's Agent
Scott Weaver
Superior Plus Realtors
Buyer's Agent
RENEE SMILEY
Cowan, Realtors
List Price
$550,000
Sold Price
$552,500
Premium/Discount to List
$2,500
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$723,517
Interest Rate
3.22%
Mortgage Type
Commercial
Estimated Equity
-$414,517

Purchase Details

Closed on
Nov 21, 2008
Sold by
Gorn Joseph
Bought by
Gorn Joseph and Joseph Gorn Revocable Living Trust

Purchase Details

Closed on
Feb 1, 1983
Bought by
Gorn Joseph
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Joseph Gorn Sr Revocable Living Trust -- --
Red Carpet Rental Properties $852,500 None Listed On Document
Joseph Gorn Sr Revocable Living Trust -- --
Gorn Joseph -- Attorney
Gorn Joseph $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Gorn Sr Revocable Living Trust $840,000
Closed Red Carpet Rental Properties $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $552,500 +0.5% $143 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $550,000 -- $142 / Sq Ft
Source: West Central Association of REALTORS® (OH)

Tax History Compared to Growth

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 $4,338 $95,410 $11,970 $83,440
2023 $3,885 $77,560 $9,730 $67,830
2022 $4,110 $77,560 $9,730 $67,830
2021 $3,979 $77,560 $9,730 $67,830
2020 $3,741 $67,940 $11,970 $55,970
2019 $3,741 $67,940 $11,970 $55,970
2018 $3,481 $67,940 $11,970 $55,970
2017 $3,192 $59,220 $11,970 $47,250
2016 $3,185 $59,220 $11,970 $47,250
2015 $3,867 $59,220 $11,970 $47,250
2014 $3,867 $69,380 $11,030 $58,350
2013 $3,601 $69,380 $11,030 $58,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 206882

APN: 36-23-06-02-002.000