NOT LISTED FOR SALE

3950 Spencerville Rd Lima, OH 45805

Estimated Value: $172,000 - $178,000

3 Beds
1 Bath
1,203 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $137,000 $114 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,192/month

28 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Shed
  • Maplewood Elementary School Rated A
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Located in Lima Shawnee Local School District this one has incredible potential! Offers a spacious .82 acre lot with above ground pool, large detached garage with workshop area, roomy wrap around deck, concrete drive and more. The open kitchen offers an island, breakfast area, and pantry. Some newer windows and a metal roof help with efficiency. HUD Case #413705846 (Insured Escrow $1,500). Sold As-Is; Seller makes no repairs. No keys given at closing - buyer must rekey.

Last Agent to Sell the Property

Misty King

AmeriMade Realty, LLC License #2011002346 Listed on: 03/30/2022

Last Buyer's Agent

NORIS Member NON

NON MLS MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1920

Lot Details

  • 0.82 Acre Lot
  • Rectangular Lot

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,203 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Schools

  • Shawnee Elementary School
  • Shawnee High School

Utilities

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

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 46-04-02-02-011.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Lot Size Acres: 0.82
  • Lot Size: 35,719
  • Inclusions: ,,
  • Ownership: Hud Owned
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Fireplace: No
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Interior Amenities: Electric Range Connection
  • Living Area: 1203.0
  • Main Level Bathrooms: 1

Exterior Features

  • Roof: Metal
  • Lot Features: Rectangular Lot
  • Pool Features: Above Ground
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Concrete, Driveway, Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary
  • Appliances: Gas Water Heater
  • Cooling: Central Air
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Public

Schools

  • Junior High Dist: Shawnee

Lot Info

  • Parcel #: 46-04-02-02-011.000
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Shawnee
  • HighSchool: Shawnee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 14, 2022
Sold by
Secretary Of Housing And Urban Developme
Bought by
Szabados Derek and Szabados Megan
Seller's Agent
Misty King
AmeriMade Realty, LLC
Buyer's Agent
NORIS Member NON
NON MLS MEMBER
List Price
$132,000
Sold Price
$137,000
Premium/Discount to List
$5,000
3.79%
Current Estimated Value
$175,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,257
Avg. Annual Appreciation
8.67%
Original Mortgage
$138,383
Outstanding Balance
$132,598
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$44,408

Purchase Details

Closed on
Jul 30, 2021
Sold by
Amerifirst Financial Corporation
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Jun 25, 2021
Sold by
Nicholson Jason B
Bought by
Amerifirst Financial Corporation

Purchase Details

Closed on
Aug 8, 2012
Sold by
Buchanan Peggy D and Nicholson Peggy D
Bought by
Nicholson Peggy D and Nicholson Jason B

Purchase Details

Closed on
Feb 19, 1988
Bought by
Buchanan Jon E
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
Szabados Derek $137,000 Putman Law Offices Llc
Secretary Of Housing And Urban Dev -- None Available
Amerifirst Financial Corporation $101,990 None Available
Nicholson Peggy D -- None Available
Buchanan Jon E $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szabados Derek $138,383
Previous Owner Nicholson Jason B $107,244
Previous Owner Nicholson Jason B $94,400
Previous Owner Buchanan Peggy D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $137,000 +3.8% $114 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $132,000 -- $110 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

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 $2,683 $48,230 $11,480 $36,750
2023 $2,221 $40,190 $9,560 $30,630
2022 $2,286 $40,190 $9,560 $30,630
2021 $2,915 $40,190 $9,560 $30,630
2020 $2,027 $35,010 $8,720 $26,290
2019 $2,027 $35,010 $8,720 $26,290
2018 $1,688 $35,010 $8,720 $26,290
2017 $1,524 $30,630 $8,720 $21,910
2016 $1,511 $30,630 $8,720 $21,910
2015 $1,269 $30,630 $8,720 $21,910
2014 $1,269 $25,450 $8,720 $16,730
2013 $1,245 $25,450 $8,720 $16,730
Source: Public Records

Agents Affiliated with this Home

  • Misty King

    Seller's Agent in 2022

    Misty King

    AmeriMade Realty, LLC

    (419) 633-4997

    232 Total Sales

    Misty King
    Section Image

  • N

    Buyer's Agent in 2022

    NORIS Member NON

    NON MLS MEMBER

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6084511

Northwest Ohio Real Estate Information Service (NORIS)

APN: 46-04-02-02-011.000

Ohio Allen County Lima 45805

3950 Spencerville Rd, Lima, OH

This home is located at 3950 Spencerville Rd, Lima, OH 45805 since 30 March 2022 and is currently estimated at $175,257, approximately $145 per square foot. This property was built in 1920. 3950 Spencerville Rd is a home located in Allen County with nearby schools including Elmwood Elementary School, Maplewood Elementary School, and Shawnee Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Ohio Real Estate Information Service (NORIS) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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