2
Beds
1
Bath
816
Sq Ft
$177/mo
HOA Fee
Highlights
- Deck
- Covered patio or porch
- Combination Dining and Living Room
- Ranch Style House
- Forced Air Heating and Cooling System
- Laundry Facilities
About This Home
As of February 2025This 816-square-foot, agent owned, condominium is located on the second floor of the desirable Gatehouse Condo community. Offering a comfortable and well-maintained living space, this unit provides a perfect opportunity for investors looking to add a property to their portfolio. The condo features two spacious bedrooms and one bathroom, making it an ideal choice for small families, professionals, or roommates. The space has been recently updated with new paint and upgraded plumbing, ensuring a modern and move-in-ready environment for any potential buyer.
One of the key highlights of this property is its affordability, with a low monthly fee of only $177, which covers essential services like common area maintenance, upkeep of the community, water, trash. The HOA fee will increase by 15% with a one time assessment fee of $150. The condominium comes with an assigned parking space, adding a layer of convenience and peace of mind for residents who own a vehicle. Additionally, there is an on-site laundry facility, allowing for easy access to laundry services. This feature is particularly beneficial for those who prefer not to deal with laundromats. For investors, this property is especially attractive due to its potential for consistent rental income.
The Gatehouse Condo community itself is known for its friendly and well-maintained environment, making it a desirable location for tenants and homeowners alike. Residents can enjoy a sense of privacy and tranquility while being close to essential amenities, including shopping centers, schools, and public transport.
Last Agent to Sell the Property
Berkshire Hathaway Professional Realty License #2023001517
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $660
Year Built
- Built in 1970 | Remodeled
HOA Fees
- $177 Monthly HOA Fees
Parking
- 1 Parking Space
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Interior Spaces
- 816 Sq Ft Home
- Drapes & Rods
- Window Screens
- Combination Dining and Living Room
Kitchen
- Dinette
- Oven
- Electric Cooktop
- Dishwasher
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Home Security
Outdoor Features
- Deck
- Covered patio or porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 36-2201-02-012.114
Community Details
Overview
- Association fees include common area, ground maintenance, maintenance structure, snow removal, trash
- Gatehouse Community
- On-Site Maintenance
Recreation
- Snow Removal
Additional Features
- Laundry Facilities
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | Sold | $82,000 | -7.3% | $100 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 01/11/2025 01/11/25 | For Sale | $88,500 | -- | $108 / Sq Ft |
Source: West Central Association of REALTORS® (OH)
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 | $836 | $18,620 | $2,940 | $15,680 |
| 2023 | $655 | $12,850 | $2,030 | $10,820 |
| 2022 | $668 | $12,850 | $2,030 | $10,820 |
| 2021 | $669 | $12,850 | $2,030 | $10,820 |
| 2020 | $546 | $9,770 | $2,030 | $7,740 |
| 2019 | $546 | $9,770 | $2,030 | $7,740 |
| 2018 | $546 | $9,770 | $2,030 | $7,740 |
| 2017 | $532 | $9,770 | $2,030 | $7,740 |
| 2016 | $528 | $9,770 | $2,030 | $7,740 |
| 2015 | $531 | $9,770 | $2,030 | $7,740 |
| 2014 | $558 | $10,020 | $1,860 | $8,160 |
| 2013 | $508 | $10,020 | $1,860 | $8,160 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,500 | New Conventional | |
| Previous Owner | $54,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $65,000 | Credit Line Revolving | |
| Previous Owner | $115,200 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $26,400 | New Conventional | |
| Previous Owner | $33,000 | New Conventional | |
| Previous Owner | $28,000 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $82,000 | None Listed On Document | |
| Warranty Deed | $74,900 | -- | |
| Warranty Deed | $260,000 | None Available | |
| Warranty Deed | $91,500 | None Available | |
| Warranty Deed | $30,000 | None Available | |
| Deed | $33,000 | -- | |
| Deed | $43,000 | -- | |
| Deed | $36,000 | -- | |
| Deed | $27,000 | -- |
Source: Public Records
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-
$99,000
- 2 Beds
- 1 Bath
- 757 Sq Ft
- 2275 N Cable Rd
- Unit 60
- Lima, OH
This well maintained condo located at 2275 N. Cable Road, Unit 60 is ready for its next owner! This nicely decorated upper level condo is 757 sq. ft. featuring a comfortable living room and nice eat-in kitchen. Appliances included. This unit offers 2 bedrooms with sizeable closet space and 1 bath. The balcony overlooks the common grass area. HOA includes trash and maintenance of the exterior.
Julie Schneider Merritt Real Estate Professionals
Source: West Central Association of REALTORS® (OH)
MLS Number: 306011
APN: 36-22-01-02-012.114
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