NOT LISTED FOR SALE

447 E Albert St Lima, OH 45804

Fifth Ward Neighborhood

Estimated Value: $44,000 - $91,924

3 Beds
2 Baths
1,795 Sq Ft
$34/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $20,000 $11 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $345/month

25 Days on Market

Highlights

  • No HOA
  • Porch
  • Baseboard Heating

About This Home

As of December 2021

Investment opportunity, or live in half and rent the other. Updated electric. Leases are month-to-month. Make offers contingent upon buyer viewing the property.,Roof replaced within 1-5 years

Last Agent to Sell the Property

Craig Kohli

Berkshire Hathaway Professional Realty License #2006006184 Listed on: 11/08/2021

Berkshire Hathaway Professional Realty

Last Buyer's Agent

John Barnett

Scott Ross Realty License #2009000450

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1920

Lot Details

  • 5,184

Parking

  • 1 Parking Space

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

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

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Porch
  • Lot Dimensions are 43x121

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, water
  • Assessor Parcel Number 47-0606-01-022.000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Water Sewer Expense $125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$420

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 43x121
  • Directions: E. Kibby to S. Pine to E. Albert St.
  • Unit Levels: One and One Half
  • Year Built: 1920
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 47-0606-01-022.000
  • Tax Info:Tax Annual Amount: 420.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 43x121
  • Levels:One and One Half: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Unit 1 Info Sq Ft: 1070
  • Financial Details:Water Sewer Expense: 125.0
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Location Property Info:Lease Term3: Month To Month
  • Roof:Asphalt3: Yes
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Partial
  • Total Bedrooms: 3
  • Basement:Partial: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 1 Features:Porch2: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Construction Materials:Vinyl Siding: Yes
  • Patio Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Varies by Unit
  • Parking Features:Varies by Unit2: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Fee Information

  • Annual Water Sewer Expense: 125.0

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Parcel #: 47-0606-01-022.000
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 420.0
  • Tax Annual Amount: 420.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 6, 2021
Sold by
Dempsey Ben William and Dempsey Robin K
Bought by
Hometown Investments Llc
Seller's Agent
Craig Kohli
Berkshire Hathaway Professional Realty
Buyer's Agent
John Barnett
Scott Ross Realty
List Price
$39,900
Sold Price
$20,000
Premium/Discount to List
-$19,900
-49.87%
Current Estimated Value
$57,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,564
Avg. Annual Appreciation
32.02%

Purchase Details

Closed on
Jun 18, 2013
Sold by
Dempsey Richard J and Dempsey Catherine J
Bought by
Dempsey Ben William

Purchase Details

Closed on
Oct 14, 2011
Sold by
Dempsey Richard J and Dempsey Catherine J
Bought by
Dempsey Richard J and Dempsey Catherine J

Purchase Details

Closed on
Feb 26, 2009
Sold by
Vasquez Domingo and Badham Bruce C
Bought by
Dempsey Richard J and Dempsey Catherine J

Purchase Details

Closed on
Dec 3, 1998
Sold by
Pigg Dwight
Bought by
Trotter Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1998
Sold by
C & C Property
Bought by
Pigg Dwight

Purchase Details

Closed on
Aug 25, 1998
Sold by
F C M S Reo Inc
Bought by
C & C Property Management

Purchase Details

Closed on
Apr 14, 1992
Bought by
Rhinock Gregory J
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
Hometown Investments Llc $20,000 None Available
Dempsey Ben William -- None Available
Dempsey Richard J -- None Available
Dempsey Richard J $13,500 None Available
Trotter Mark $40,000 --
Pigg Dwight $8,750 --
C & C Property Management $2,500 --
Rhinock Gregory J $17,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trotter Mark $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $20,000 -49.9% $11 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $39,900 -- $22 / 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 $363 $8,440 $950 $7,490
2023 $390 $8,050 $910 $7,140
2022 $390 $8,050 $910 $7,140
2021 $411 $8,050 $910 $7,140
2020 $419 $7,320 $880 $6,440
2019 $419 $7,320 $880 $6,440
2018 $443 $7,320 $880 $6,440
2017 $472 $7,320 $880 $6,440
2016 $578 $10,400 $880 $9,520
2015 $705 $10,400 $880 $9,520
2014 $705 $12,780 $950 $11,830
2013 $687 $12,780 $950 $11,830
Source: Public Records

Agents Affiliated with this Home

  • Craig Kohli

    Seller's Agent in 2021

    Craig Kohli

    Berkshire Hathaway Professional Realty

    (419) 236-1135

    2 in this area

    103 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    John Barnett

    Scott Ross Realty

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 206933

APN: 47-06-06-01-022.000

Ohio Allen County Lima 45804 Fifth Ward

447 E Albert St, Lima, OH

This home is located at 447 E Albert St, Lima, OH 45804 since 08 November 2021 and is currently estimated at $60,481, approximately $33 per square foot. This property was built in 1920. 447 E Albert St 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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