NOT LISTED FOR SALE

225 W Grand Ave Lima, OH 45801

Estimated Value: $87,000 - $102,000

4 Beds
2 Baths
1,982 Sq Ft
$48/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $96,500 $49 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $562/month

96 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Forced Air Heating System
  • Porch

About This Home

As of March 2022

CASH FLOW!!! This turn-key duplex has been completely renovated and is waiting for a new owner. Off street parking. Roof only 7 years old. New vinyl plank, waterproof, flooring. Updated baths, fresh paint, and drop ceilings throughout. Very good rental income available from this renovated duplex!

Last Agent to Sell the Property

SCOTT PARSONS

CCR Realtors License #2019002303 Listed on: 10/01/2021

Last Buyer's Agent

Tug Taviano

CCR Realtors License #2017005439

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $880

Lot Details

  • 7,405

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Property Available on 10/25/21
  • Assessor Parcel Number 37-3010-08-005.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Unit Levels: Two
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 37-3010-08-005.000
  • Tax Info:Tax Annual Amount: 880.4
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Unit 1 Info Sq Ft: 952
  • Levels:Two2: Yes
  • Location Property Info:Available Date: 2021-10-25
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Unit 1 Features:Porch2: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Construction Materials:Vinyl Siding: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: 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 #: 37-3010-08-005.000
  • Zoning Description: Multi-Family

Rental Info

  • Available Date: 2021-10-25

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 880.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Mar 15, 2022
Sold by
Second Chance Property Rehab Llc
Bought by
Blue Chip Housing Llc
Seller's Agent
SCOTT PARSONS
CCR Realtors
Buyer's Agent
Tug Taviano
CCR Realtors
List Price
$119,000
Sold Price
$96,500
Premium/Discount to List
-$22,500
-18.91%
Current Estimated Value
$94,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,234
Avg. Annual Appreciation
-0.77%
Original Mortgage
$77,200
Outstanding Balance
$72,720
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$21,178

Purchase Details

Listed on
Oct 1, 2021
Closed on
Jan 28, 2022
Sold by
Sandaran and Monica
Bought by
Second Chance Property Rehab Llc
Seller's Agent
SCOTT PARSONS
CCR Realtors
Buyer's Agent
Tug Taviano
CCR Realtors
List Price
$119,000
Sold Price
$96,500
Premium/Discount to List
-$22,500
-18.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,200
Outstanding Balance
$72,720
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$21,178

Purchase Details

Closed on
Dec 15, 2020
Sold by
Second Chance Property Rehab Llc
Bought by
Sandaran Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2020
Sold by
Sandaran Homes Llc
Bought by
Second Chance Property Rehab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2012
Sold by
Sanderan Manuel and Sandaran Monica
Bought by
Sandran Homes Llc

Purchase Details

Closed on
Dec 20, 2011
Sold by
Leclair Denise M and Leclair Spitnale Denise M
Bought by
Sandaran Manuel

Purchase Details

Closed on
Nov 17, 2005
Sold by
Houston James L
Bought by
Leclair Spitnale Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
6.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 1993
Sold by
Strange Michael D
Bought by
Houston James L

Purchase Details

Closed on
May 1, 1985
Bought by
Strange Michael D
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
Blue Chip Housing Llc $96,500 Daley Douglas A
Second Chance Property Rehab Llc -- Stotts Kevin J
Sandaran Homes Llc $10,000 None Listed On Document
Second Chance Property Rehab Llc $35,000 None Available
Sandran Homes Llc -- Attorney
Sandaran Manuel $20,000 Attorney
Leclair Spitnale Denise M $61,800 Liberty Title Inc
Houston James L $25,000 --
Strange Michael D $15,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Chip Housing Llc $77,200
Previous Owner Second Chance Property Rehab Llc $10,000
Previous Owner Leclair Spitnale Denise M $61,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $96,500 -18.9% $49 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
10/01/2021 10/01/21 For Sale $119,000 -- $60 / 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 $742 $19,290 $3,610 $15,680
2023 $675 $15,200 $2,840 $12,360
2022 $678 $15,200 $2,840 $12,360
2021 $718 $15,200 $2,840 $12,360
2020 $946 $18,200 $2,730 $15,470
2019 $946 $18,200 $2,730 $15,470
2018 $936 $18,200 $2,730 $15,470
2017 $950 $18,200 $2,730 $15,470
2016 $962 $18,200 $2,730 $15,470
2015 $984 $18,200 $2,730 $15,470
2014 $984 $18,340 $2,660 $15,680
2013 $959 $18,340 $2,660 $15,680
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SCOTT PARSONS

    CCR Realtors

    (419) 234-7204

    125 Total Sales

    SCOTT PARSONS
    Section Image

  • T

    Buyer's Agent in 2022

    Tug Taviano

    CCR Realtors

    (419) 236-3107

    178 Total Sales

    Tug Taviano
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 206570

APN: 37-30-10-08-005.000

Ohio Allen County Lima 45801

225 W Grand Ave, Lima, OH

This home is located at 225 W Grand Ave, Lima, OH 45801 since 01 October 2021 and is currently estimated at $94,266, approximately $47 per square foot. 225 W Grand Ave is a home located in Allen County with nearby schools including Independence Elementary School, Lima North Middle School, and Lima West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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