NOT LISTED FOR SALE

1116 Summit St Lima, OH 45801

Eastside Lima Neighborhood

Estimated Value: $65,000 - $91,000

3 Beds
1 Bath
864 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 14, 2013

Last sale price $28,001 $32 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $447/month

57 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of August 2013

What a great location for this Lima ranch home. Located across the street from a local elementary school and on a dead end street. This 3 bedroom 1 bath home with a full basement is great for any family.

Last Agent to Sell the Property

Dawn Arheit

Busy B Realty License #2006001743 Listed on: 06/11/2013

Last Buyer's Agent

Purged Member

Busy B Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 7,318

Home Design

  • 864 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 37300805005.000

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0.168
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1965
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Fireplace YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 37300805005.000
  • Tax Info:Tax Annual Amount: 967.14
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 0.168
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500.0
  • Fireplace: No
  • Dining Room Features:Eat-in Kitchen: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None5: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Parcel #: 37300805005.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 967.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2022
Bought by
Eastside Apartments Of
Current Estimated Value
$73,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.42%

Purchase Details

Closed on
Dec 27, 2022
Sold by
Beining Ronald R and Beining Sandra
Bought by
Eastside Apartments Of Lima Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.42%

Purchase Details

Listed on
Jun 11, 2013
Closed on
Aug 13, 2013
Sold by
The Secretary Of Hud
Bought by
Beining Ronald R
Seller's Agent
Dawn Arheit
Busy B Realty
Buyer's Agent
Purged Member
Busy B Realty
List Price
$28,001
Sold Price
$28,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Nov 29, 2012
Sold by
The Huntington National Bank
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Nov 15, 2012
Sold by
Lowe Cynthia and Wilson Cynthia
Bought by
The Huntington National Bank

Purchase Details

Closed on
Apr 7, 2005
Sold by
Bowman Daniel L and Richards Timothy
Bought by
Payne Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
9.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 4, 2005
Sold by
Payne Jessica
Bought by
Wilson Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,900
Interest Rate
9.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 1, 1990
Bought by
Goble Betty Lou
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Eastside Apartments Of $48,000 --
Eastside Apartments Of Lima Ltd $48,000 --
Beining Ronald R $28,001 None Available
The Secretary Of Hud -- None Available
The Huntington National Bank $30,000 None Available
Payne Jessica -- None Available
Wilson Cynthia $59,900 None Available
Goble Betty Lou -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Eastside Apartments Of --
Previous Owner Lowe Cynthia $65,527
Previous Owner Payne Jessica $59,900
Previous Owner Wilson Cynthia $59,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2013 08/14/13 Sold $28,001 0.0% $32 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $28,001 -- $32 / 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 $664 $16,840 $1,400 $15,440
2023 $726 $16,030 $1,330 $14,700
2022 $715 $16,030 $1,330 $14,700
2021 $1,457 $16,030 $1,330 $14,700
2020 $820 $15,510 $1,260 $14,250
2019 $820 $15,510 $1,260 $14,250
2018 $817 $15,510 $1,260 $14,250
2017 $833 $15,510 $1,260 $14,250
2016 $840 $15,510 $1,260 $14,250
2015 $981 $15,510 $1,260 $14,250
2014 $981 $18,280 $1,370 $16,910
2013 $959 $18,280 $1,370 $16,910
Source: Public Records

Agents Affiliated with this Home

  • Dawn Arheit

    Seller's Agent in 2013

    Dawn Arheit

    Busy B Realty

    (419) 371-4633

    1 in this area

    56 Total Sales

    Section Image

  • P

    Buyer's Agent in 2013

    Purged Member

    Busy B Realty

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 91775

APN: 37-30-08-05-005.000

Ohio Allen County Lima 45801 Eastside Lima

1116 Summit St, Lima, OH

This home is located at 1116 Summit St, Lima, OH 45801 since 11 June 2013 and is currently estimated at $73,767, approximately $85 per square foot. This property was built in 1965. 1116 Summit St is a home located in Allen County with nearby schools including Independence Elementary School, Lima North Middle School, and Lima West Middle School.

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