NOT LISTED FOR SALE

1700 W Wayne St Lima, OH 45805

Westgate Neighborhood

Estimated Value: $112,000 - $131,000

11 Beds
1 Bath
1,046 Sq Ft
$116/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $105,172 $101 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $763/month

216 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Garage

About This Home

As of October 2020

This is 4 single family homes packaged together for sale. All have 3 bedrooms and at least 1 bathroom. Rents are market rate. Cap rate is 14.38% @ 95% occupancy. Addresses are 1700 W. Wayne, 987 W. Wayne, 1407 W. Elm St. and 1330 W. Elm all in Lima, Ohio.

Last Agent to Sell the Property

Kate Shulaw

Keller Williams Advisors License #2012002006 Listed on: 02/11/2020

Last Buyer's Agent

Bailey Joseph

Hartsock Realty License #2006002451

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.26

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stone

Bedrooms and Bathrooms

  • 11 Bedrooms

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 36261108014, 36360606006

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Architectural Style: Other, See Remarks
  • Year Built: 1947
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36261108014, 36360606006
  • Tax Info:Tax Annual Amount: 3474.58
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 4
  • Unit 1 Info Sq Ft: 1046
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Roof:Asphalt3: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 11

Exterior Features

  • Construction Type: Aluminum Siding, Stone, Vinyl Siding
  • Foundation Details: Block, Other
  • Roof: Asphalt
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Detached, Other, Off Street
  • Parking Features:Attached: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Other20: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Other10: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Parcel #: 36261108014, 36360606006
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3474.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Oct 23, 2020
Bought by
Brandville Properties Llc
Seller's Agent
Kate Shulaw
Keller Williams Advisors
Buyer's Agent
Bailey Joseph
Hartsock Realty
List Price
$130,000
Sold Price
$105,172
Premium/Discount to List
-$24,828
-19.1%
Current Estimated Value
$121,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,328
Avg. Annual Appreciation
4.78%
Interest Rate
2.8%

Purchase Details

Closed on
Jul 16, 2019
Sold by
Sarven Brian C
Bought by
Honey Run Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2009
Sold by
Fannie Mae
Bought by
Sarven Brian C

Purchase Details

Closed on
Jun 22, 2009
Sold by
Eley Matthew
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 21, 2007
Sold by
Pulford Lynn A
Bought by
Eley Matthew and Eley Crista

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2002
Sold by
Est Mildred Brown
Bought by
Pulford Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,150
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1986
Bought by
Brown Mildred A Fka M A
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
Brandville Properties Llc $262,930 --
Honey Run Investments Llc $25,000 None Available
Sarven Brian C $30,000 None Available
Federal National Mortgage Association $36,000 None Available
Eley Matthew $75,500 None Available
Pulford Lynn A $37,000 --
Brown Mildred A Fka M A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brandville Properties Llc --
Open Brandville Properties Llc $285,000
Previous Owner Honey Run Investments Llc $300,000
Previous Owner Eley Matthew $75,500
Previous Owner Pulford Lynn A $35,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $105,172 -19.1% $101 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $130,000 -- $124 / 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
2023 $1,137 $26,390 $7,490 $18,900
2022 $1,143 $26,390 $7,490 $18,900
2021 $1,209 $26,390 $7,490 $18,900
2020 $1,184 $22,890 $7,210 $15,680
2019 $1,184 $22,890 $7,210 $15,680
2018 $1,175 $22,890 $7,210 $15,680
2017 $1,188 $22,890 $7,210 $15,680
2016 $1,198 $22,890 $7,210 $15,680
2015 $1,227 $22,890 $7,210 $15,680
2014 $1,155 $21,740 $7,140 $14,600
2013 $1,124 $21,740 $7,140 $14,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kate Shulaw

    Keller Williams Advisors

  • Bailey Joseph

    Buyer's Agent in 2020

    Bailey Joseph

    Hartsock Realty

    (419) 516-3272

    5 in this area

    117 Total Sales

    Bailey Joseph
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 200635

APN: 36-26-11-08-014.000

Ohio Allen County Lima 45805 Westgate

1700 W Wayne St, Lima, OH

This home is located at 1700 W Wayne St, Lima, OH 45805 since 11 February 2020 and is currently estimated at $121,500, approximately $116 per square foot. This property was built in 1947. 1700 W Wayne St 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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