$60,000
SOLD MAY 5, 2021

1565 Rice Ave Lima, OH 45805

Westgate Neighborhood
2 Beds
1 Bath
1,036 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Formal Dining Room
  • 3-minute walk to Baxter Park

About This Home

As of September 2021

2 bedroom ranch in need of TLC. Has been used as a rental - cash sale only. Needs roof, windows and interior work. For comp purposes only.

Last Agent to Sell the Property

Non Member

Non-member Office Listed on: 04/30/2021

Last Buyer's Agent

RENEE SMILEY

Cowan, Realtors License #0000448470

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1952

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 1,036 Sq Ft Home
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 92x80

Community Details

  • No Home Owners Association
  • Fairfield Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-2612-08-004.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,130

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 92x80
  • Subdivision Name: Fairfield Place
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1952
  • 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_: 36-2612-08-004.000
  • Tax Info:Tax Annual Amount: 1129.92
  • 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: 92x80
  • Flooring:Hardwood: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Appliances:Gas Water Heater: Yes
  • Dining Room Features:Formal: Yes

Exterior Features

  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Construction Materials:Aluminum Siding: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1.0
  • Parking Features:Parking Total2: 1
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Other
  • 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 #: 36-2612-08-004.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1129.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Sep 23, 2021
Sold by
Gearing Blaine
Bought by
Hite Daniel R C and Hite Nancy
Seller's Agent
RENEE SMILEY
Cowan, Realtors
Buyer's Agent
Jason Liening
Cowan, Realtors
List Price
$119,900
Sold Price
$116,500
Premium/Discount to List
-$3,400
-2.84%
Current Estimated Value
$133,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,801
Avg. Annual Appreciation
5.37%
Original Mortgage
$93,200
Outstanding Balance
$85,907
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,781

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 5, 2021
Sold by
Buerius Christopher and Buerius Julie C
Bought by
Gearing Blaine
Seller's Agent
Non Member
Non-member Office
Buyer's Agent
RENEE SMILEY
Cowan, Realtors
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
448.16%

Purchase Details

Closed on
Jun 1, 2000
Sold by
Es Marjorie M Wheatcraft
Bought by
Beggs Christopher Burris Julie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Wheatcraft Marjorie M
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 Type Sale Price Title Company
Warranty Deed $116,333 None Available
Warranty Deed $60,000 None Available
Deed $60,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,200 New Conventional
Previous Owner $57,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $116,500 -2.8% $112 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $119,900 +99.8% $116 / Sq Ft
05/05/2021 05/05/21 Sold $60,000 0.0% $58 / Sq Ft
04/30/2021 04/30/21 For Sale $60,000 -- $58 / 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 $1,200 $33,010 $7,040 $25,970
2023 $1,117 $26,600 $5,670 $20,930
2022 $1,123 $26,600 $5,670 $20,930
2021 $1,188 $26,600 $5,670 $20,930
2020 $1,112 $21,990 $5,360 $16,630
2019 $1,112 $21,990 $5,360 $16,630
2018 $1,096 $21,990 $5,360 $16,630
2017 $1,001 $19,570 $5,360 $14,210
2016 $1,009 $19,570 $5,360 $14,210
2015 $1,058 $19,570 $5,360 $14,210
2014 $1,058 $20,370 $5,460 $14,910
2013 $1,030 $20,370 $5,460 $14,910
Source: Public Records

Agents Affiliated with this Home

  • RENEE SMILEY

    Seller's Agent in 2021

    RENEE SMILEY

    Cowan, Realtors

    (419) 233-1149

    11 in this area

    178 Total Sales

    RENEE SMILEY
    Section Image

  • N

    Seller's Agent in 2021

    Non Member

    Non-member Office

  • Jason Liening

    Buyer's Agent in 2021

    Jason Liening

    Cowan, Realtors

    (419) 222-1212

    12 in this area

    228 Total Sales

    Jason Liening
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 204833

APN: 36-26-12-08-004.000

Ohio Allen County Lima 45805 Westgate

1565 Rice Ave, Lima, OH

This home is located at 1565 Rice Ave, Lima, OH 45805 and is currently priced at $60,000, approximately $57 per square foot. This property was built in 1952. 1565 Rice Ave is a home located in Allen County with nearby schools including Heritage Elementary School, Lima West Middle School, and Lima North Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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