NOT LISTED FOR SALE

1624 Lancewood Place Lima, OH 45805

Estimated Value: $222,000 - $266,000

3 Beds
2 Baths
1,728 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $134,000 $78 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,563/month

56 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • 2 Car Attached Garage
  • Sun or Florida Room
  • Covered patio or porch
  • Eat-In Kitchen

About This Home

As of May 2014

This 3 bedroom home has potential of a 4th bedroom in basement, family room, large kitchen, dining room and sun room has plenty of room for any get together. New roof put on March 2013. Seller to pay $1500 toward buyers closing cost and 1 year home warranty.Sq. Ft per owners measurement,Under 1 Acre

Last Listed By

Dawn Arheit

Busy B Realty License #2006001743 Listed on: 03/20/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 90x135

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • Drapes & Rods
  • Sun or Florida Room
  • Laundry Room
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Shed
  • Outbuilding

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2536230502021000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,134

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 90x135
  • Architectural Style: Cape Cod
  • Year Built: 1978
  • 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_: 2536230502021000
  • Tax Info:Tax Annual Amount: 2134.48
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Property Info:Home Warranty YN: Yes
  • General Property Info:Lot Size Dimensions: 90x135
  • Architectural Style:Cape Cod: Yes
  • Flooring:Carpet: Yes
  • Flooring:Vinyl: Yes
  • Other Structures:Storage: Yes
  • Other Structures:Shed(s): Yes
  • Room Types:Laundry2: Yes
  • Percent Basement Finished: Yes
  • Room Types:Sunroom: Yes
  • Other Structures:Outbuilding: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Window Features: Drapes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Dining Room Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Other Structures: Outbuilding, Shed(s), Storage
  • Patio And Porch Features: Covered, Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio Porch Features:Covered: Yes
  • Window Features:Drapes: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Total2: 2
  • 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: Elida

Lot Info

  • Parcel #: 2536230502021000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2134.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2014
Closed on
May 30, 2014
Sold by
Wilkin Matthew R and Wilkin Kami M
Bought by
Cotton Tony A and Cotton Jennifer L
Seller's Agent
Dawn Arheit
Busy B Realty
Buyer's Agent
Ben Lee
Cowan, Realtors
List Price
$134,000
Sold Price
$134,000
Total Days on Market
56
Current Estimated Value
$237,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,205
Avg. Annual Appreciation
4.58%
Original Mortgage
$120,600
Outstanding Balance
$93,590
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$125,311

Purchase Details

Closed on
Apr 24, 2007
Sold by
Payne Gary A and Chambers Payne Shirley
Bought by
Wilkin Matthew R and Wilkin Kami M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Snider Mary Louise
Bought by
Payne Gary A and Chambers Payne Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 1978
Bought by
Snider Richard D

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
Cotton Tony A $134,000 None Available
Wilkin Matthew R $146,500 None Available
Payne Gary A $127,000 None Available
Snider Richard D $11,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Jennifer L $50,000
Open Cotton Tony A $120,600
Previous Owner Wilkin Matthew R $146,500
Previous Owner Payne Gary A $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $134,000 0.0% $78 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $134,000 -- $78 / 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 $2,975 $68,150 $6,970 $61,180
2023 $2,806 $53,660 $5,500 $48,160
2022 $2,704 $53,660 $5,500 $48,160
2021 $2,703 $53,660 $5,500 $48,160
2020 $2,454 $45,440 $5,430 $40,010
2019 $2,454 $45,440 $5,430 $40,010
2018 $2,326 $45,440 $5,430 $40,010
2017 $2,173 $41,170 $5,430 $35,740
2016 $2,168 $41,170 $5,430 $35,740
2015 $2,201 $41,170 $5,430 $35,740
2014 $2,201 $39,490 $5,360 $34,130
2013 $1,988 $39,490 $5,360 $34,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 93988

APN: 36-23-05-02-021.000