NOT LISTED FOR SALE

3510 Georgian Ave Lima, OH 45806

Estimated Value: $142,000 - $659,000

12 Beds
6 Baths
2,523 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $700,000 $277 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $2,565/month

41 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Maplewood Elementary School Rated A
  • 1 Car Detached Garage
  • Patio

About This Home

As of June 2024

This 6 unit apartment complex is an investors dream. 2 buildings (3 units) in each. All brick ranch design. Completely remodeled. 2 bathrooms, 1 bath, laundry with each unit. All appliances convey. 1 car garages detached. UnitA: $1,250 | UnitB: $1,070 | UnitC: $1,285 | UnitD: $1,150 | UnitE: $1,150 | UnitF: $1,200. Conditional offer must include LOA or POF prior to viewing.

Last Agent to Sell the Property

Debbie Lane

Berkshire Hathaway Professional Realty License #0000356563 Listed on: 03/29/2024

Berkshire Hathaway Professional Realty

Last Buyer's Agent

Dalton Brenner

Berkshire Hathaway Professional Realty License #2019000411

Berkshire Hathaway Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,963

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 95x170

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Utility Room
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for grounds care, snow removal, trash collection, water
  • Assessor Parcel Number 46-1610-03-006.000

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Shawnee Meadows Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,963

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 95x170
  • Subdivision Name: Shawnee Meadows
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1966
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 46-1610-03-006.000
  • Tax Info:Tax Annual Amount: 3963.0
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Foundation:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • General Property Info:Basement YN: No
  • General Property Info:Lot Size Dimensions: 95x170
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 6
  • Utilities:Water Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Features:Oven3: Yes
  • Unit 3 Features:Oven4: Yes
  • Unit 4 Features:Oven5: Yes
  • Unit 4 Features:Range5: Yes
  • Roof:Asphalt3: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays:Snow Removal2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Unit 1 Features:Disposal2: Yes
  • Unit 2 Features:Disposal3: Yes
  • Unit 1 Features:Patio2: Yes
  • Unit 2 Features:Patio3: Yes
  • Unit 3 Features:Patio4: Yes
  • Unit 4 Features:Patio5: Yes
  • Unit 3 Features:Disposal4: Yes
  • Unit 4 Features:Disposal5: Yes
  • Unit 4 Features:Washer Hookup4: Yes
  • Special Features: VirtualTour

Interior Features

  • Owner Pays: Grounds Care, Snow Removal, Trash Collection, Water
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 2 Features:Dryer Hookup2: Yes
  • Unit 2 Features:Washer Hookup2: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes
  • Unit 1 Features:Dishwasher2: Yes
  • Unit 2 Features:Dishwasher3: Yes
  • Unit 3 Features:Dishwasher4: Yes
  • Unit 4 Features:Dishwasher5: Yes
  • Unit 1 Features:Utility Room: Yes
  • Unit 2 Features:Utility Room2: Yes
  • Unit 1 Features:Porch2: Yes
  • Unit 3 Features:Dryer Hookup3: Yes
  • Unit 3 Features:Porch4: Yes
  • Unit 3 Features:Washer Hookup3: Yes
  • Unit 2 Features:Porch3: Yes
  • Unit 4 Features:Dryer Hookup4: Yes
  • Unit 4 Features:Porch5: Yes
  • Unit 3 Features:Utility Room3: Yes
  • Unit 4 Features:Utility Room4: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Construction Materials:Brick: Yes
  • Patio Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • General Property Info:Garage Spaces: 1.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • 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: Shawnee

Lot Info

  • Land Lease: No
  • Parcel #: 46-1610-03-006.000
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3963.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jul 25, 2024
Sold by
Williams Ronald L and Williams Dona M
Bought by
Ddr Assets Llc
Seller's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
Buyer's Agent
Dalton Brenner
Berkshire Hathaway Professional Realty
List Price
$959,900
Sold Price
$700,000
Premium/Discount to List
-$259,900
-27.08%
Total Days on Market
41
Views
82
Current Estimated Value
$400,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$299,500
Avg. Annual Appreciation
-42.47%
Original Mortgage
$525,000
Outstanding Balance
$520,767
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$120,267

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 14, 2024
Sold by
Redfox Properties Llc
Bought by
Williams Ronald L and Williams Dona M
Seller's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
Buyer's Agent
Dalton Brenner
Berkshire Hathaway Professional Realty
List Price
$959,900
Sold Price
$700,000
Premium/Discount to List
-$259,900
-27.08%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$520,767
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$120,267

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 15, 2021
Sold by
Turicum Llc
Bought by
Northrup Group Llc
Seller's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
Buyer's Agent
Tammy Breneman-Cummins
Ccr Realtors
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$442,500
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 8, 2019
Closed on
Jul 30, 2019
Sold by
Boughan James W
Bought by
Turicum Llc
Seller's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
Buyer's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
List Price
$242,500
Sold Price
$242,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.62%

Purchase Details

Closed on
Mar 1, 1978
Bought by
Boughan James W
Source: Public Records

Range of Values:

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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
Ddr Assets Llc -- None Listed On Document
Williams Ronald L $700,000 None Listed On Document
Northrup Group Llc $550,000 Meredith Robert J
The Northrup Group Llc $550,000 Prominent Title
Turicum Llc $242,500 None Available
Boughan James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Ronald L $525,000
Previous Owner The Northrup Group Llc $442,500
Previous Owner Boughan James W $184,891
Previous Owner Boughan James W $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $700,000 -19.4% $277 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $869,000 -3.3% $344 / Sq Ft
04/18/2024 04/18/24 Price Changed $899,000 -6.3% $356 / Sq Ft
03/29/2024 03/29/24 For Sale $959,900 +55.1% $380 / Sq Ft
04/29/2022 04/29/22 Sold $619,000 0.0% $245 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $619,000 +12.5% $245 / Sq Ft
09/20/2021 09/20/21 Sold $550,000 0.0% $218 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $550,000 +126.8% $218 / Sq Ft
08/01/2019 08/01/19 Sold $242,500 0.0% $96 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $242,500 -- $96 / 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 $3,937 $78,790 $10,780 $68,010
2023 $3,943 $56,280 $7,700 $48,580
2022 $3,217 $56,280 $7,700 $48,580
2021 $3,222 $56,280 $7,700 $48,580
2020 $2,837 $57,020 $7,320 $49,700
2019 $2,837 $57,020 $7,320 $49,700
2018 $2,824 $57,020 $7,320 $49,700
2017 $3,253 $50,550 $7,320 $43,230
2016 $3,234 $50,550 $7,320 $43,230
2015 $3,196 $50,550 $7,320 $43,230
2014 $3,196 $49,460 $7,320 $42,140
2013 $3,152 $49,460 $7,320 $42,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 303578

APN: 46-16-10-03-007.000