2050 W Market St Lima, OH 45805
Westgate Neighborhood
5
Beds
3
Baths
2,958
Sq Ft
0.39
Acres
Highlights
- 0.39 Acre Lot
- No HOA
- 2 Car Attached Garage
- 1.5-Story Property
- Covered patio or porch
- Eat-In Kitchen
About This Home
As of May 2024Amazing, one-of-a-kind property on Market Street Boulevard. Live in the 1834 sq ft east side that features 2 main floor bedrooms, 2 full baths, nice eat-in kitchen with appliances and a 2nd floor dormer with a large bedroom, sitting area and full bath, main floor laundry, lots of storage, usable basement, nice patio and backyard and rent the 1124 sq ft west side which is currently leased with a long term tenant and features 2 bedrooms, full bath, updated kitchen, main floor laundry and a nice porch. The roof is approximately 10 yrs old, 2 furnaces, 2 water heaters, west unit central air in 2023 and each unit has a 1 car attached garage. Viewing on east side only, must have a signed purchase contract before viewing the west side.
Last Agent to Sell the Property
Cowan, Realtors License #0000448470 Listed on: 03/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,314
Year Built
- Built in 1959 | Remodeled
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 100x169
- Fenced
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- 1.5-Story Property
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,958 Sq Ft Home
- Family Room with Fireplace
- Living Room
- Laundry Room
- Unfinished Basement
Kitchen
- Eat-In Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- Water Heater
Community Details
- No Home Owners Association
- Westwood Subdivision
Listing and Financial Details
- Assessor Parcel Number 36-3507-04-015.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 21, 2024
Closed on
May 30, 2024
Sold by
Davis Edmund W and Davis Patricia A
Bought by
Rosewood Assets Llc
Seller's Agent
RENEE SMILEY
Cowan, Realtors
Buyer's Agent
Dalton Brenner
Berkshire Hathaway Professional Realty
List Price
$319,000
Sold Price
$279,250
Premium/Discount to List
-$39,750
-12.46%
Views
183
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.67%
Original Mortgage
$229,437
Outstanding Balance
$227,543
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$43,292
Purchase Details
Closed on
Oct 28, 2021
Sold by
Davis Edmund W
Bought by
Davis Edmund W and Davis Patricia A
Purchase Details
Closed on
Aug 1, 1983
Bought by
Davis Margaret M
Similar Homes in Lima, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $279,300 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $89,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,437 | New Conventional | |
| Previous Owner | $121,408 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $243,991 | Unknown | |
| Previous Owner | $19,354 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $12,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $109,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $230,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $297,000 | -2.6% | $100 / Sq Ft |
| 06/13/2025 06/13/25 | For Sale | $305,000 | +9.2% | $103 / Sq Ft |
| 05/30/2024 05/30/24 | Sold | $279,250 | -6.9% | $94 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | Price Changed | $299,900 | -2.9% | $101 / Sq Ft |
| 04/15/2024 04/15/24 | Price Changed | $309,000 | -3.1% | $104 / Sq Ft |
| 03/21/2024 03/21/24 | For Sale | $319,000 | -- | $108 / Sq Ft |
Source: West Central Association of REALTORS® (OH)
Tax History Compared to Growth
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 | $2,868 | $79,880 | $11,310 | $68,570 |
| 2023 | $2,314 | $55,860 | $7,910 | $47,950 |
| 2022 | $2,328 | $55,860 | $7,910 | $47,950 |
| 2021 | $2,472 | $55,860 | $7,910 | $47,950 |
| 2020 | $2,443 | $48,870 | $7,600 | $41,270 |
| 2019 | $2,443 | $48,870 | $7,600 | $41,270 |
| 2018 | $2,292 | $48,870 | $7,600 | $41,270 |
| 2017 | $2,177 | $43,230 | $7,600 | $35,630 |
| 2016 | $2,199 | $43,230 | $7,600 | $35,630 |
| 2015 | $2,288 | $43,230 | $7,600 | $35,630 |
| 2014 | $2,288 | $44,310 | $7,490 | $36,820 |
| 2013 | $2,226 | $44,310 | $7,490 | $36,820 |
Source: Public Records
Agents Affiliated with this Home
-
Dalton Brenner
D
Seller's Agent in 2025
Dalton Brenner
Berkshire Hathaway Professional Realty
(419) 999-2027
8 in this area
142 Total Sales
-
RENEE SMILEY
Seller's Agent in 2024
RENEE SMILEY
Cowan, Realtors
(419) 233-1149
12 in this area
187 Total Sales
Map
Source: West Central Association of REALTORS® (OH)
MLS Number: 303508
APN: 36-35-07-04-015.000
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