NOT LISTED FOR SALE

331 Prospect Ave Lima, OH 45804

Estimated Value: $51,033

3 Beds
2 Baths
1,710 Sq Ft
$30/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $29,000 $17 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $325/month

134 Days on Market

About This Home

As of May 2014

Completely updated Duplex, inside and out! Fantastic cash flow potential! Both units vacant and ready for renters. Both units have washer / dryer hook ups.

Last Listed By

Jeff Dulmage

Hartsock Realty License #2015002150 Listed on: 12/30/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 40x150

Home Design

  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3 Bedrooms
  • 2-Story Property
  • Partial Basement
  • Washer and Dryer Hookup

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 37-3109-03-010.000
  • $33 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$458

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 40X150
  • Unit Levels: Two
  • Year Built: 1920
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Square Feet: 0.14
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 37-3109-03-010.000
  • Tax Info:Tax Annual Amount: 458.2
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 40X150
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Unit 1 Info Sq Ft: 942
  • Tax Info:Tax Other Annual Assessment Amount2: 33.0
  • Levels:Two2: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Total Bedrooms: 3
  • Basement:Partial: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 2 Features:Washer Hookup2: Yes

Exterior Features

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Combination, Electric, Natural Gas
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Combination: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.14
  • Parcel #: 37-3109-03-010.000
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 458.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
May 22, 2014
Sold by
Ebbeskotte Michael and Ebbeskotte Mickie
Bought by
Raf Holdings Llc
Seller's Agent
Jeff Dulmage
Hartsock Realty
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$29,000
Sold Price
$29,000
Total Days on Market
134
Current Estimated Value
$51,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,033
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Aug 14, 2013
Sold by
Criswell Kevin T
Bought by
Ebbeskotte Michael and Ebbeskotte Mickie

Purchase Details

Closed on
Apr 19, 2010
Sold by
The Ohio State Bank
Bought by
Criswell Kevin T

Purchase Details

Closed on
Mar 10, 2010
Sold by
Hoehn Ryan T and Hoehn Wanda E
Bought by
The Ohio State Bank

Purchase Details

Closed on
Dec 17, 1997
Sold by
Bartley Gordon
Bought by
Mcelroy Neil and Mcelroy Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
11.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1997
Sold by
Wood Marilyn
Bought by
Bartley Gordon and Bartley Sandy

Purchase Details

Closed on
Jun 1, 1972
Bought by
Wood Marilyn Sue

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
Raf Holdings Llc $29,000 None Available
Ebbeskotte Michael $11,000 None Available
Criswell Kevin T $5,000 Attorney
The Ohio State Bank $30,000 Attorney
Mcelroy Neil $13,000 --
Bartley Gordon $2,000 --
Wood Marilyn Sue $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoehn Ryan T $86,500
Previous Owner Mcelroy Neil $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $29,000 0.0% $17 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $29,000 -- $17 / 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 $500 $12,360 $910 $11,450
2023 $539 $11,770 $880 $10,890
2022 $540 $11,770 $880 $10,890
2021 $571 $11,770 $880 $10,890
2020 $621 $11,490 $880 $10,610
2019 $621 $11,490 $880 $10,610
2018 $619 $11,490 $880 $10,610
2017 $623 $11,490 $880 $10,610
2016 $632 $11,490 $880 $10,610
2015 $535 $11,490 $880 $10,610
2014 $535 $9,390 $950 $8,440
2013 $522 $9,390 $950 $8,440
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dulmage

    Seller's Agent in 2014

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    156 Total Sales

    Jeff Dulmage
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 93412

APN: 37-31-09-03-010.000

Ohio Allen County Lima 45804

331 Prospect Ave, Lima, OH

Homes for Sale in Lima, OH

This home is located at 331 Prospect Ave, Lima, OH 45804 since 30 December 2013 and is currently priced at $51,033, approximately $29 per square foot. This property was built in 1920. 331 Prospect Ave is a home located in Allen County with nearby schools including Freedom Elementary School, Lima North Middle School, and Lima West Middle School.

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