NOT LISTED FOR SALE

1129 W Wayne St Lima, OH 45805

Central Lima Neighborhood

Estimated Value: $131,204 - $140,000

4 Beds
2 Baths
1,616 Sq Ft
$83/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $99,000 $61 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $812/month

90 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

About This Home

As of July 2022

Excellent rental property with great income potential. Built in 2020. Currently leased with solid rental history. Owner pays for water/sewer. Tenants pay additional utilities.,Individual Laundry Facilities

Last Agent to Sell the Property

Lindsay McDonald

Oakridge Realty & Auction Co. License #2009003924 Listed on: 03/18/2022

Last Buyer's Agent

Lindsay McDonald

Oakridge Realty & Auction Co. License #2009003924 Listed on: 03/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 2020

Lot Details

  • 8,756

Home Design

  • Vinyl Siding

Kitchen

  • Oven
  • Range

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Additional Features

  • 4 Bedrooms
  • Washer and Dryer Hookup
  • Crawl Space
  • Lot Dimensions are 50x175

Listing and Financial Details

  • Assessor Parcel Number 36-3606-04-005.000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Water Sewer Expense $114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,458

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 50x175
  • Year Built: 2020
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-3606-04-005.000
  • Tax Info:Tax Annual Amount: 1457.7
  • Remarks Misc:Private Remarks2: Sale of property is contingent on seller purchasing another property. No showings until offer is accepted.
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: 50x175
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Financial Details:Water Sewer Expense: 114.0
  • Cooling:Wall Unit(s): Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Location Property Info:Lease Term3: 12 Months
  • Unit 4 Features:Range5: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • 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 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Fee Information

  • Annual Water Sewer Expense: 114.0

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Parcel #: 36-3606-04-005.000
  • Zoning Description: Residential

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1457.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Jul 18, 2022
Sold by
Garbry Road Estates Ltd
Bought by
Millward William and Neidich Steven
Seller's Agent
Lindsay McDonald
Oakridge Realty & Auction Co.
Buyer's Agent
Lindsay McDonald
Oakridge Realty & Auction Co.
List Price
$130,000
Sold Price
$99,000
Premium/Discount to List
-$31,000
-23.85%
Current Estimated Value
$134,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,801
Avg. Annual Appreciation
9.25%
Original Mortgage
$74,250
Outstanding Balance
$70,725
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$64,076

Purchase Details

Closed on
Jul 18, 2020
Sold by
Schnipke Richard A and Schnipke Joann M
Bought by
Garbry Road Estates Llc

Purchase Details

Closed on
Apr 19, 2018
Sold by
Schnipke Richard A and Schnipke Joann M
Bought by
Schnipke Richard A and Schnipke Joann M

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 26, 2013
Sold by
United States Of America
Bought by
Schnipke Richard A and Schnipke Josephine
Seller's Agent
Jeff Dulmage
Hartsock Realty
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$13,750
Sold Price
$13,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Phillips Billy R
Bought by
Risser Fred F Reed Susan

Purchase Details

Closed on
Mar 11, 1997
Sold by
Mierzejewski Kevin
Bought by
Phillips Billy and Phillips Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
11.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1993
Sold by
Hahn Frederick C
Bought by
Mierzejewski Kevin A

Purchase Details

Closed on
Jun 22, 1984
Bought by
Hahn Frederick C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Millward William $99,000 Wuebker Matthew J
Garbry Road Estates Llc $2,500 None Available
Schnipke Richard A -- None Available
Schnipke Richard A -- None Available
Risser Fred F Reed Susan $16,000 --
Phillips Billy $25,000 --
Mierzejewski Kevin A $24,500 --
Hahn Frederick C $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millward William $74,250
Previous Owner Phillips Billy $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Sold $99,000 -23.8% $61 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $130,000 +845.5% $80 / Sq Ft
10/07/2013 10/07/13 Sold $13,750 0.0% $9 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $13,750 -- $9 / 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 $1,362 $37,040 $3,050 $33,990
2023 $1,365 $32,480 $2,660 $29,820
2022 $1,424 $32,480 $2,660 $29,820
2021 $1,458 $32,480 $2,660 $29,820
2020 $190 $2,590 $2,590 $0
2019 $190 $2,590 $2,590 $0
2018 $190 $2,590 $2,590 $0
2017 $190 $2,590 $2,590 $0
2016 $194 $2,590 $2,590 $0
2015 $847 $10,640 $2,590 $8,050
2014 $847 $15,610 $2,730 $12,880
2013 $998 $19,150 $2,730 $16,420
Source: Public Records

Agents Affiliated with this Home

  • Lindsay McDonald

    Seller's Agent in 2022

    Lindsay McDonald

    Oakridge Realty & Auction Co.

    (419) 722-4554

    3 in this area

    60 Total Sales

    Lindsay McDonald
    Section Image
  • Jeff Dulmage

    Seller's Agent in 2013

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    4 in this area

    112 Total Sales

    Jeff Dulmage
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 207840

APN: 36-36-06-04-005.000

Ohio Allen County Lima 45805 Central Lima

1129 W Wayne St, Lima, OH

Not Listed for Sale

MultiFamily

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