NOT LISTED FOR SALE

1135 S Wapak Rd Lima, OH 45805

Estimated Value: $180,230 - $248,000

4 Beds
2 Baths
-- Sq Ft
0.83 Acres

Last Sold June 30, 2021

Last sale price $164,500

Est. 25% increase in value since last sale

Current estimated payment $1,364/month

7 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Maplewood Elementary School Rated A

About This Home

As of June 2021

What a great investment opportunity! This duplex has two 2nd story apartments and sits on .83 acre of land. Each apartment has 2 bedrooms, 1 bathroom a kitchen, family room and comes with wall air conditioning units, refrigerator, stove and each unit has a 10X10 lockable storage room in the garage on the main floor of the duplex. A separate laundry room is accessiable on the back of the building and has the hookups for each tenant's own washer and dryer. Tenants pay for gas, electric, garabage and the owner's expenses include: lawn maintenance, snow removal, power for the garage/main floor and softner for the water softner system. The monthly rent is $485 per month (seller admits he could charge more but this is at a reduced rate) The duplex is in very good shape and very well maintained. The tenants are month to month and a 24 hour notice is needed for all showings. The bottom level is aprroximately 1600 sq feet of garage/storage space and has the potential to be much more!,Individual Laundry Facilities

Last Listed By

Connie Thompson

Keller Williams Advisors Listed on: 05/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,672

Year Built

  • Built in 1958

Lot Details

  • 0.83

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property

Kitchen

  • Oven
  • Range

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, trash collection, electricity
  • Assessor Parcel Number 46-0502-05-005.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,672

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .83
  • Unit Levels: Two
  • Year Built: 1958
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 46-0502-05-005.000
  • Tax Info:Tax Annual Amount: 1671.84
  • General Property Info:Lot Size Dimensions: .83
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Unit 1 Info Sq Ft: 845
  • Water Source:Well: Yes
  • Levels:Two2: Yes
  • Cooling:Wall Unit(s): 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 4 Features:Range5: Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Walk-Out Access, Full
  • Total Bedrooms: 4
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Varies by Unit
  • Parking Features:Other20: Yes
  • Parking Features:Varies by Unit2: Yes
  • Unit 1 Info:Parking Total3: 2
  • Unit 2 Info:Parking Total4: 2

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Shawnee

Lot Info

  • Land Lease: No
  • Parcel #: 46-0502-05-005.000
  • Zoning Description: Multi-Family

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 1671.84
  • Tax Annual Amount: 1671.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Swartz Benjamin P and Swartz Hanna L
Bought by
Swartz & Hager Llc
Total Days on Market
7
Current Estimated Value
$206,308

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 29, 2021
Sold by
Rower Mark D and Rower Beverly A
Bought by
Swartz Benjamin P and Swartz Hanna L
Seller's Agent
Connie Thompson
Keller Williams Advisors
Buyer's Agent
John Barnett
Scott Ross Realty
List Price
$215,000
Sold Price
$164,500
Premium/Discount to List
-$50,500
-23.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$123,375
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2008
Sold by
Rower Ronald J and Rower Jacqueline M
Bought by
Rower Mark D

Purchase Details

Closed on
May 25, 1994
Sold by
Wilson Marian E
Bought by
Mgr Realty

Purchase Details

Closed on
Feb 11, 1994
Sold by
Wilson Richard Woodrow
Bought by
Wilson Marian E

Purchase Details

Closed on
Feb 16, 1988
Bought by
Wilson Richard Woodrow

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Swartz & Hager Llc $37,100 --
Swartz Benjamin P $164,500 None Available
Rower Mark D $20,000 None Available
Mgr Realty $40,000 --
Wilson Marian E -- --
Wilson Richard Woodrow -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swartz Benjamin P $123,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $164,500 -23.5% --
05/14/2021 05/14/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $215,000 -- --
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 $2,635 $52,610 $12,430 $40,180
2023 $2,240 $38,960 $9,210 $29,750
2022 $2,226 $38,960 $9,210 $29,750
2021 $2,246 $38,960 $9,210 $29,750
2020 $1,731 $34,410 $8,400 $26,010
2019 $1,731 $34,410 $8,400 $26,010
2018 $1,665 $34,410 $8,400 $26,010
2017 $1,606 $31,010 $8,400 $22,610
2016 $1,568 $31,010 $8,400 $22,610
2015 $1,585 $31,010 $8,400 $22,610
2014 $1,585 $30,950 $8,230 $22,720
2013 $1,556 $30,950 $8,230 $22,720
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Connie Thompson

    Keller Williams Advisors

  • J

    Buyer's Agent in 2021

    John Barnett

    Scott Ross Realty

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 204798

APN: 46-05-02-05-005.000

Ohio Allen County Lima 45805

1135 S Wapak Rd, Lima, OH

Homes for Sale in Lima, OH

This home is located at 1135 S Wapak Rd, Lima, OH 45805 since 07 May 2021 and is currently estimated at $206,308. This property was built in 1958. 1135 S Wapak Rd is a home located in Allen County with nearby schools including Elmwood Elementary School, Maplewood Elementary School, and Shawnee Middle School.

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