NOT LISTED FOR SALE

1431 Lakewood Ave Lima, OH 45805

Riverside North Neighborhood

Estimated Value: $206,000 - $293,000

5 Beds
2.5 Baths
2,536 Sq Ft
$100/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $265,000 $104 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,576/month

14 Days on Market

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Formal Dining Room
  • Granite Countertops
  • Covered Patio or Porch
  • 1-minute walk to Faurot Park

About This Home

As of August 2023

Would you love to own a piece of Lima history? Now is your chance! This home has been owned by the same family for 45 years and now is ready for new owners! A 3 story Victorian with over 120 years of memories, backs up to Faurot Park and still has so much potential to make it your own! With 4 bedrooms, 2 1/2 bathrooms and a full walk up attic with an additional bedroom there is room for everyone. Natural light flows through this home. All original quarter sawn oak on the main floor as well as refinished hardwood floors, original pocket doors to the living room and dining room that still slide easily, Horizontal 6 panel doors, newer windows, freshly painted, updated kitchen and bathroom with jetted tub, original built in bookshelves, stain glass window in the diningroom, The sunroom is currently used as an office space and can be shut off from the rest of the house with it's own entrance. The front porch has held many gatherings of family and friends and the 2nd story balcony offers a nice little getaway to read, watch TV or enjoy the outdoors! HVAC is Geothermal, New roof in 2020, Water heater 2019, garage door 2017, backyard cleared and regraded 2020. Owners are agents. Home Is being Sold As Is.

Last Agent to Sell the Property

Steven Shulaw

KW Greater Columbus Realty License #2013002398 Listed on: 07/03/2023

KW Greater Columbus Realty

Co-Listed By

Kate Shulaw

KW Greater Columbus Realty License #2012002006

KW Greater Columbus Realty

Last Buyer's Agent

Kate Shulaw

KW Greater Columbus Realty License #2012002006

KW Greater Columbus Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1901 | Remodeled

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 91 x 200

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 2,536 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Basement

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Cooling Available
  • Geothermal Heating and Cooling
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 7/5/23
  • Assessor Parcel Number 36-3611-04-003.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 1901 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 91 x 200
  • Co List Office Mls Id: 244_0
  • Co List Office Phone: 614-944-5900
  • Architectural Style: Other
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built: 1901
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Acres: 0.41
  • General Property Info:Lot Size Square Feet: 17859.59
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Bathrooms Half: 1
  • General Property Info:Fireplace YN: Yes
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 36-3611-04-003.000
  • Tax Info:Tax Annual Amount: 1892.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Basement YN: Yes
  • Location Property Info:Home Warranty YN: No
  • General Property Info:Lot Size Dimensions: 91 x 200
  • General Property Info:Enhanced Accessible: No
  • Utilities:Cable Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Location Property Info:Available Date: 2023-07-05
  • Other Structures:Shed(s): Yes
  • Utilities:Water Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Levels:Three Or More: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
  • Has Basement: Other
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Kitchen Features:Custom Built Cabinets: Yes
  • Appliances:Gas Water Heater: Yes
  • Dining Room Features:Formal: Yes
  • Kitchen Features:Granite Counters: Yes
  • Appliances:Gas Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Other29: Yes

Exterior Features

  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Foundation Details: Other
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Covered: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • General Property Info:Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Geothermal
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Heating:Geothermal: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Lot Size Sq Ft: 17859.59
  • Parcel #: 36-3611-04-003.000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-07-05

Tax Info

  • Tax Annual Amount: 1892.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2023
Closed on
Aug 14, 2023
Sold by
Shulaw Steven R and Shulaw Kate
Bought by
Latsha Jacob and Latsha Kayla D
Seller's Agent
Steven Shulaw
KW Greater Columbus Realty
Buyer's Agent
Kate Shulaw
KW Greater Columbus Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
300
Current Estimated Value
$257,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,047
Avg. Annual Appreciation
0.41%
Original Mortgage
$251,750
Outstanding Balance
$247,141
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$20,055

Purchase Details

Closed on
Nov 17, 2016
Sold by
Siemer Virginia S and Rice Virginia S
Bought by
Shulaw Ii Steven R and Shulaw Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,356
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 1979
Bought by
Siemer Virginia S
Source: Public Records

Range of Values:

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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
Latsha Jacob $265,000 None Listed On Document
Shulaw Ii Steven R $154,000 None Available
Siemer Virginia S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latsha Jacob $251,750
Previous Owner Shulaw Ii Steven R $125,356
Previous Owner Rice Paul $69,000
Previous Owner Rice Paul S $20,000
Previous Owner Rice Virginia S $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $265,000 -3.6% $104 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $275,000 -- $108 / 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 $1,967 $55,870 $8,300 $47,570
2023 $1,883 $45,440 $6,760 $38,680
2022 $1,894 $45,440 $6,760 $38,680
2021 $2,013 $45,440 $6,760 $38,680
2020 $1,967 $39,270 $6,440 $32,830
2019 $1,967 $39,270 $6,440 $32,830
2018 $1,888 $39,270 $6,440 $32,830
2017 $1,830 $36,300 $6,440 $29,860
2016 $1,806 $36,300 $6,440 $29,860
2015 $1,857 $36,400 $6,440 $29,960
2014 $1,718 $33,880 $6,720 $27,160
2013 $1,671 $33,880 $6,720 $27,160
Source: Public Records

Agents Affiliated with this Home

  • Steven Shulaw

    Seller's Agent in 2023

    Steven Shulaw

    KW Greater Columbus Realty

    (419) 230-6334

    4 in this area

    46 Total Sales

    Section Image
  • Kate Shulaw

    Seller Co-Listing Agent in 2023

    Kate Shulaw

    KW Greater Columbus Realty

    (419) 230-6334

    4 in this area

    52 Total Sales

    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 301447

APN: 36-36-11-04-003.000

Ohio Allen County Lima 45805 Riverside North

1431 Lakewood Ave, Lima, OH

This home is located at 1431 Lakewood Ave, Lima, OH 45805 since 03 July 2023 and is currently estimated at $253,273, approximately $99 per square foot. This property was built in 1901. 1431 Lakewood Ave is a home located in Allen County with nearby schools including Heritage Elementary School, Lima West Middle School, and Lima North Middle School.

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