NOT LISTED FOR SALE

3798 Mount Vernon Place Lima, OH 45804

Estimated Value: $169,000 - $353,000

6 Beds
3 Baths
1,058 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $250,000 $236 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,874/month

42 Days on Market

About This Home

As of November 2021

Great investment property near college. New roof in 2014. Unit A is 2 bedrooms and 1 bath that rents for $600 per month, has some updates, a 1 car attached garage and new central air in 2021. Unit B is 2 bedrooms and 1.5 baths and rents for $700 per month, has some updates and a 1 car attached garage. Unit C has been completely updated, is 2 bedrooms and 1.5 baths, rents for $850 per month and has a 2 car detached garage. All units have washer and dryer hook-ups. Tenants pay all utilities. Owners provide lawn care and snow removal.

Last Agent to Sell the Property

Temple Wright

Cowan, Realtors License #2005015803 Listed on: 09/21/2021

Last Buyer's Agent

Temple Wright

Cowan, Realtors License #2005015803 Listed on: 09/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 1973

Lot Details

  • 0.5

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units
  • University Heights Community

Listing and Financial Details

  • Assessor Parcel Number 37-3412-05-009.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,807

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .50Ac
  • Directions: SR 309 tp Mumaugh Rd.
  • Unit Levels: Two
  • Year Built: 1973
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 37-3412-05-009.000
  • Tax Info:Tax Annual Amount: 3806.9
  • Remarks Misc:Private Remarks2: All leases and security deposits transferred at closing. Deposits do not match rents due to rent increases. Please don't disturb tenants. Unit B has a cat, no pets in other two units. Sq ft and taxes approximate.
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: .50Ac
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 3
  • Levels:Two2: Yes
  • Location Property Info:Condominium Name: University Heights
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: 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

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • 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: Bath

Lot Info

  • Land Lease: No
  • Parcel #: 37-3412-05-009.000
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3806.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 16, 2021
Sold by
Pitson Matthew S and Pitson Amanda K
Bought by
Arh Investments Llc
Seller's Agent
Temple Wright
Cowan, Realtors
Buyer's Agent
Temple Wright
Cowan, Realtors
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%
Current Estimated Value
$288,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,476
Avg. Annual Appreciation
1.32%

Purchase Details

Listed on
Nov 5, 2015
Closed on
Oct 6, 2016
Sold by
Ferguson Sherman Melinda and Ferguson Michael
Bought by
Pitson Matthew S and Pitson Amanda K
Seller's Agent
CHRISTINE FLEISCHMAN
Cowan, Realtors
Buyer's Agent
Temple Wright
Cowan, Realtors
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$157,500
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
Ferguson Charles H and Ferguson Katharine Thelma
Bought by
Ferguson Melinda and Ferguson Michael

Purchase Details

Closed on
Mar 1, 1974
Bought by
Ferguson Charles H
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Arh Investments Llc $250,000 None Available
Pitson Matthew S $160,000 None Available
Ferguson Melinda -- None Available
Ferguson Charles H $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitson Matthew S $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $250,000 -16.6% $236 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $299,900 +87.4% $283 / Sq Ft
10/11/2016 10/11/16 Sold $160,000 0.0% $151 / Sq Ft View Prior Sale
08/19/2016 08/19/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $160,000 -- $151 / 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 $4,390 $98,000 $14,980 $83,020
2023 $3,899 $84,500 $12,920 $71,580
2022 $3,943 $84,500 $12,920 $71,580
2021 $4,833 $103,330 $12,920 $90,410
2020 $3,899 $76,060 $12,220 $63,840
2019 $3,899 $76,060 $12,220 $63,840
2018 $3,808 $76,060 $12,220 $63,840
2017 $3,811 $76,060 $12,220 $63,840
2016 $3,708 $76,060 $12,220 $63,840
2015 $3,707 $76,060 $12,220 $63,840
2014 $3,805 $75,330 $11,730 $63,600
2013 $3,816 $75,330 $11,730 $63,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Temple Wright

    Cowan, Realtors

    (419) 234-8875

    81 Total Sales

    Temple Wright
    Section Image

  • C

    Seller's Agent in 2016

    CHRISTINE FLEISCHMAN

    Cowan, Realtors

    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 206485

APN: 37-34-12-05-009.000

Ohio Allen County Lima 45804

3798 Mount Vernon Place, Lima, OH

Not Listed for Sale

MultiFamily

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