NOT LISTED FOR SALE

1209 Rice Ave Lima, OH 45805

Central Lima Neighborhood

Estimated Value: $67,000 - $92,000

2 Beds
1 Bath
1,548 Sq Ft
$48/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $33,961 $22 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $465/month

195 Days on Market

About This Home

As of March 2022

Convenient Location! Sharp and Affordable two bedroom! Newer vinyl.

Last Agent to Sell the Property

Tim Stanford

Superior Plus Realtors License #0000331263 Listed on: 06/23/2021

Last Buyer's Agent

Eric Schomber

Exp Realty License #2020007677

Exp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1923

Lot Details

  • Lot Dimensions are 37x50

Interior Spaces

  • 1,548 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36-2612-15-002.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$773

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 37x50
  • Unit Levels: Two
  • Year Built: 1923
  • 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_: 36-2612-15-002.000
  • Tax Info:Tax Annual Amount: 772.82
  • Remarks Misc:Private Remarks2: Basement may have slight seepage in heavy rain. Room sizes are approximations and should be verified by the purchaser.
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: 37x50
  • Levels:Two2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Construction Type: Other
  • Foundation Details: Other
  • Construction Materials:Other5: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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 #: 36-2612-15-002.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 772.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Mar 21, 2022
Sold by
Caj Rentals Ltd
Bought by
Lima Ohio Investment Group Llc
Seller's Agent
Tim Stanford
Superior Plus Realtors
Buyer's Agent
Eric Schomber
Exp Realty
List Price
$49,900
Sold Price
$33,961
Premium/Discount to List
-$15,939
-31.94%
Current Estimated Value
$74,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,005
Avg. Annual Appreciation
23.03%
Original Mortgage
$1,875,000
Outstanding Balance
$1,747,253
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
-$1,672,287

Purchase Details

Closed on
Oct 4, 2000
Sold by
Mowery James F
Bought by
Morris Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2000
Sold by
Stockler Jerry A
Bought by
Mowery James F

Purchase Details

Closed on
Jun 27, 1995
Sold by
Kent Marilyn
Bought by
Mowery James and Stockler Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,299
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 1989
Bought by
Kent Marilyn Joyce
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
Lima Ohio Investment Group Llc $336,000 None Listed On Document
Morris Edward L $55,000 --
Mowery James F $91,900 --
Mowery James $20,000 --
Kent Marilyn Joyce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lima Ohio Investment Group Llc $1,875,000
Previous Owner Morris Edward L $45,000
Previous Owner Mowery James $14,299
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2022 03/22/22 Sold $33,961 -31.9% $22 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
06/23/2021 06/23/21 For Sale $49,900 -- $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 $878 $18,800 $1,230 $17,570
2023 $727 $16,490 $1,090 $15,400
2022 $730 $16,490 $1,090 $15,400
2021 $773 $16,490 $1,090 $15,400
2020 $746 $14,070 $1,050 $13,020
2019 $746 $14,070 $1,050 $13,020
2018 $738 $14,070 $1,050 $13,020
2017 $749 $14,070 $1,050 $13,020
2016 $759 $14,070 $1,050 $13,020
2015 $809 $14,070 $1,050 $13,020
2014 $809 $14,850 $1,090 $13,760
2013 $788 $14,850 $1,090 $13,760
Source: Public Records

Agents Affiliated with this Home

  • Tim Stanford

    Seller's Agent in 2022

    Tim Stanford

    Superior Plus Realtors

    (419) 230-2421

    38 in this area

    184 Total Sales

    Tim Stanford
    Section Image
  • Eric Schomber

    Buyer's Agent in 2022

    Eric Schomber

    Exp Realty

    (866) 212-4991

    33 in this area

    237 Total Sales

    Eric Schomber
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 205367

APN: 36-26-12-15-002.000

Ohio Allen County Lima 45805 Central Lima

1209 Rice Ave, Lima, OH

Not Listed for Sale

Detached

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