$40,000
SOLD SEP 10, 2024

312 Smith Ave Lima, OH 45801

3 Beds
2 Baths
1,728 Sq Ft
0.86 Acres

Recently Sold

$23 Per Sq Ft

60% Below List Price

93 Days on Market

Highlights

  • Ranch Style House
  • Separate Outdoor Workshop
  • Hot Water Heating System
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2024

Investment Opportunity! 3 bedrooms, 2 full baths, Work shop in the garage which is attached to the house. This house needs a lot of work but it offers two parcel's and it would be great for someone who doesn't want to live in the city but still wants to be close to all the amenity's of living in the city. Located on North side of Lima. Close to I-75. Seller is highly motivated and this property is being sold As-Is.

Last Agent to Sell the Property

Kristen Archer

Binkley Real Estate, LLC License #2015005458 Listed on: 05/29/2024

Last Buyer's Agent

Sandy Kivimaki

CCR Realtors License #2017003095

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1949

Lot Details

  • 0.86 Acre Lot

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Home Design

  • Ranch Style House
  • Stucco

Interior Spaces

  • 1,728 Sq Ft Home
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36130111009000

Home Details

Home Type

Single Family

Est. Annual Taxes

$922

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Structure Type: House
  • Level Style: One
  • Semi-Annual Tax: 461.00
  • Year Built: 1949
  • Additional Parcel I Ds: 36130111006000
  • Document Count: 2
  • Documents: Property Disclosure and Lead Based Paint
  • Listing Cond: No
  • Listing I D: 1032042
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Parcel I D Number Formatted: 36-13-01-11-009.000
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Price/ Sq Ft: 37.62
  • Total Bedrooms: 3
  • Total Square Footage: 1728.00

Exterior Features

  • Other Structures: Shed(s), Workshop, Storage
  • Exterior: Stucco

Garage/Parking

  • Garage: Attached, Workshop in Garage
  • Garage Spaces: 2.00

Utilities

  • Cooling: Wall Unit(s)
  • Heating System: Hot Water, Radiant, Natural Gas
  • Utilities: Natural Gas Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Schools

  • School District: 0205 Elida LSD

Lot Info

  • Acres: 0.86
  • Lot Dimensions: .859 acre
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 36130111009000

Tax Info

  • Tax Year: 2023

MLS Schools

  • School District: 0205 Elida LSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 27, 2024
Sold by
Xzi Holdings Llc
Bought by
312 Smith Llc
Seller's Agent
Kristen Archer
Binkley Real Estate, LLC
Buyer's Agent
Sandy Kivimaki
CCR Realtors
List Price
$100,000
Sold Price
$40,000
Premium/Discount to List
-$60,000
-60%
Total Days on Market
93
Views
392
Current Estimated Value
$100,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,711
Avg. Annual Appreciation
237.02%
Original Mortgage
$50,000
Outstanding Balance
$49,295
Interest Rate
1.1%
Mortgage Type
Seller Take Back
Estimated Equity
$51,416

Purchase Details

Listed on
May 29, 2024
Closed on
Sep 10, 2024
Sold by
Smith Donna M
Bought by
Xzi Holdings Llc
Seller's Agent
Kristen Archer
Binkley Real Estate, LLC
Buyer's Agent
Sandy Kivimaki
CCR Realtors
List Price
$100,000
Sold Price
$40,000
Premium/Discount to List
-$60,000
-60%
Views
392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$49,295
Interest Rate
1.1%
Mortgage Type
Seller Take Back
Estimated Equity
$51,416

Purchase Details

Closed on
Mar 25, 2021
Sold by
Estate Of Donald Harvey Smith
Bought by
Smith Donna M

Purchase Details

Closed on
Feb 1, 1972
Bought by
Smith Donald H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Warranty Deed $40,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $17,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $40,000 -38.5% $23 / Sq Ft
05/31/2024 05/31/24 Price Changed $65,000 -35.0% $38 / Sq Ft
05/29/2024 05/29/24 For Sale $100,000 -- $58 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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 $847 $29,160 $3,640 $25,520
2023 $921 $27,760 $3,470 $24,290
2022 $954 $27,760 $3,470 $24,290
2021 $959 $27,760 $3,470 $24,290
2020 $871 $24,820 $3,290 $21,530
2019 $871 $24,820 $3,290 $21,530
2018 $816 $24,820 $3,290 $21,530
2017 $745 $22,860 $3,290 $19,570
2016 $744 $22,860 $3,290 $19,570
2015 $617 $22,860 $3,290 $19,570
2014 $617 $20,060 $3,150 $16,910
2013 $555 $20,060 $3,150 $16,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1032042

Western Regional Information Systems & Technology (WRIST)

APN: 36-13-01-11-009.000