NOT LISTED FOR SALE

2231 Merit Ave Lima, OH 45805

Lakewood West Neighborhood

Estimated Value: $481,000 - $526,000

5 Beds
5 Baths
4,317 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $329,900 $76 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,155/month

121 Days on Market

Highlights

  • 0.57 Acre Lot
  • Sun or Florida Room
  • No HOA
  • Wood Flooring
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of August 2020

Phenomenal! Nestled on what may be the best block in Lima! Picturesque, park-like setting. This home features an open and airy, incredible-natural light filled floor plan. French doors, Crown molding, 3 fireplaces (2 gas and 1 Wood burning), hardwood floors, crystal vintage light fixtures, Classic-period hardware, preposterous amounts of storage-including walk-in cedar closet & built in cabinets, bay window with great southern exposure, curved stairway, sunning balcony, patio with Edison lights, outside basement access, and much more. This home is a rare find, don't miss it!,Under 1 Acre

Last Agent to Sell the Property

Tim Stanford

Superior Plus Realtors License #0000331263 Listed on: 04/08/2020

Last Buyer's Agent

Cindy Liening

Cowan, Realtors License #0000429241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1939

Lot Details

  • 0.57

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • 4,317 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Sun or Florida Room
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 0.57 Acre Lot

Community Details

  • No Home Owners Association
  • Rosedale Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-3408-09-003.000
  • $25 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,046

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Lot Size: .572 AC
  • Subdivision Name: Rosedale Addition
  • Unit Levels: Two
  • Year Built: 1939
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Acres: 0.57
  • General Property Info:Lot Size Square Feet: 24916.0
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Bathrooms Half: 2
  • General Property Info:Fireplace YN: Yes
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 36-3408-09-003.000
  • Tax Info:Tax Annual Amount: 4045.9
  • Remarks Misc:Private Remarks2: Slt seepage bsmt around pipe in wall. All replacement windows but one, range/oven/microwave 2019, 2 furn-2 AC-4 zones. Sunroom 13x19, Fin bsmt bar 11x13 & FR2 15x25, MBR Sitting Rm 13x13, 5th BR 9x12, Outside stairs to bsmt. Det garage/covered patio 2019,Lot dimensions FF150x157'x150.9'x174.1
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: .572 AC
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Tax Info:Tax Other Annual Assessment Amount2: 25.0
  • Flooring:Laminate: Yes
  • Levels:Two2: Yes
  • Flooring:Tile: Yes
  • Room Types:Sunroom: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Concrete, Partially Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 518.0
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Dining Room Features:KitchenDinette: Yes
  • Appliances:Oven: Yes
  • Dining Room Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Kitchen Features Pantry: Yes
  • Basement:Concrete3: Yes
  • Kitchen Features:Granite Counters: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Lot Features: Shaded Lot
  • Construction Type: Aluminum Siding, Brick
  • Other Structures: Garage(s)
  • Patio And Porch Features: Covered, Patio
  • Patio Porch Features:Covered: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio Porch Features:Patio: Yes
  • Lot Features:Shaded Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Detached, See Remarks
  • Total Parking Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Parking Total2: 1
  • Parking Features:Attached: Yes
  • Parking Features:Detached: Yes
  • Parking Features:See Remarks13: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Cooling: Central Air, Other, See Remarks
  • 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

  • Lot Size Sq Ft: 24916.0
  • Parcel #: 36-3408-09-003.000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4045.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2020
Closed on
Aug 27, 2020
Sold by
Reed Patricia J
Bought by
Liening Andrea L
Seller's Agent
Tim Stanford
Superior Plus Realtors
Buyer's Agent
Cindy Liening
Cowan, Realtors
List Price
$349,900
Sold Price
$329,900
Premium/Discount to List
-$20,000
-5.72%
Current Estimated Value
$508,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,864
Avg. Annual Appreciation
8.42%
Original Mortgage
$263,900
Outstanding Balance
$234,194
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$274,570

Purchase Details

Closed on
May 11, 1999
Sold by
Est John Dunmick
Bought by
Reed Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Dunnick John M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liening Andrea L $329,900 None Available
Reed Patricia $240,000 --
Dunnick John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liening Andrea L $263,900
Previous Owner Reed Patricia $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $329,900 -5.7% $76 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $349,900 -- $81 / 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 $5,938 $171,930 $19,290 $152,640
2023 $4,827 $121,070 $13,580 $107,490
2022 $4,828 $121,070 $13,580 $107,490
2021 $5,128 $121,070 $13,580 $107,490
2020 $4,071 $87,610 $12,850 $74,760
2019 $4,071 $84,390 $12,850 $71,540
2018 $4,022 $84,390 $12,850 $71,540
2017 $3,638 $75,050 $12,850 $62,200
2016 $3,660 $74,240 $12,850 $61,390
2015 $3,637 $74,240 $12,850 $61,390
2014 $3,637 $73,150 $13,720 $59,430
2013 $3,309 $68,390 $13,720 $54,670
Source: Public Records

Agents Affiliated with this Home

  • Tim Stanford

    Seller's Agent in 2020

    Tim Stanford

    Superior Plus Realtors

    (419) 230-2421

    15 in this area

    184 Total Sales

    Tim Stanford
    Section Image
  • Cindy Liening

    Buyer's Agent in 2020

    Cindy Liening

    Cowan, Realtors

    (419) 222-1212

    9 in this area

    135 Total Sales

    Cindy Liening
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 201197

APN: 36-34-08-09-003.000

Ohio Allen County Lima 45805 Lakewood West

2231 Merit Ave, Lima, OH

Not Listed for Sale

Detached

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