NOT LISTED FOR SALE

1601 Lancewood Place Lima, OH 45805

Estimated Value: $181,000 - $275,078

4 Beds
4 Baths
2,544 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $117,857 $46 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,460/month

1,097 Days on Market

Highlights

  • Ranch Style House
  • Central Air
  • Baseboard Heating
  • No HOA

About This Home

As of June 2013

$650.00 plus 27.00 for sewer. Renters pay everything.

Last Agent to Sell the Property

Non Member

Non-member Office Listed on: 04/14/2010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1991

Lot Details

  • 0.31

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Baseboard Heating
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units
  • Edgewood Estates Subdivision

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water, cooling, electricity
  • Assessor Parcel Number 36230502035000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,375

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .310
  • Subdivision Name: Edgewood Estates
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1991
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36230502035000
  • Tax Info:Tax Annual Amount: 2374.6
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Foundation:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • General Property Info:Lot Size Dimensions: .310
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Unit 1 Info Sq Ft: 1272
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Location Property Info:Lease Term3: Month To Month
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Unit 8 Info:Furnished YN8: No
  • Roof:Asphalt3: Yes
  • Special Features: None

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Roof: Asphalt
  • Construction Materials:Brick: Yes
  • Construction Materials:Other5: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • Heating:Electric: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Elida

Lot Info

  • Land Lease: No
  • Parcel #: 36230502035000
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Sewer, Trash Collection, Water, Cooling, Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2374.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2010
Closed on
Jun 3, 2013
Sold by
Raycon Enterprises Inc
Bought by
Erts Leasing Llc
Seller's Agent
Non Member
Non-member Office
List Price
$117,857
Sold Price
$117,857
Current Estimated Value
$223,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,663
Avg. Annual Appreciation
5.60%
Original Mortgage
$660,000
Outstanding Balance
$476,707
Interest Rate
3.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$246,181

Purchase Details

Closed on
Jul 31, 1995
Sold by
Est Christian Plants
Bought by
Raycon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
7.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1994
Sold by
Plants Christian B
Bought by
Darnell Cori W

Purchase Details

Closed on
Sep 24, 1993
Bought by
Plants Christian B

Purchase Details

Closed on
Feb 1, 1980
Bought by
Harry H Wagner & Son Inc
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 Buyer Sale Price Title Company
Erts Leasing Llc $825,000 None Available
Raycon $132,000 --
Darnell Cori W $124,800 --
Plants Christian B $156,000 --
Harry H Wagner & Son Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erts Leasing Llc $660,000
Previous Owner Raycon $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $117,857 0.0% $46 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
04/14/2010 04/14/10 For Sale $117,857 -- $46 / 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 $3,362 $75,360 $7,390 $67,970
2023 $2,979 $59,330 $5,810 $53,520
2022 $3,050 $59,330 $5,810 $53,520
2021 $3,050 $59,330 $5,810 $53,520
2020 $2,679 $48,580 $6,020 $42,560
2019 $2,679 $48,580 $6,020 $42,560
2018 $2,539 $48,580 $6,020 $42,560
2017 $2,375 $44,000 $6,020 $37,980
2016 $2,369 $44,000 $6,020 $37,980
2015 $2,549 $44,000 $6,020 $37,980
2014 $2,549 $45,750 $5,950 $39,800
2013 $2,302 $45,750 $5,950 $39,800
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Non Member

    Non-member Office

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 82101

APN: 36-23-05-02-035.000

Ohio Allen County Lima 45805

1601 Lancewood Place, Lima, OH

This home is located at 1601 Lancewood Place, Lima, OH 45805 since 14 April 2010 and is currently estimated at $223,520, approximately $87 per square foot. This property was built in 1991. 1601 Lancewood Place is a home located in Allen County with nearby schools including Elida Elementary School, Elida Middle School, and Elida High School.

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