NOT LISTED FOR SALE

500 W Elm St Lima, OH 45801

Riverside North Neighborhood
24 Beds
-- Bath
-- Sq Ft
1935 Built

Sale Details

Date Sold: June 21, 2017

Last sale price $92,500

5 Days on Market

About This Home

As of June 2017

Fantastic opportunity to rehab a solid property! 7 of 10 units are currently rented. Property is sold As-Is. Needs work but could be a cash cow! Large rooms, great layouts! Fireplaces in all 10 units! 4 car garage at rear. Very low price point for such a tremendous opportunity!

Last Agent to Sell the Property

Jeff Dulmage

Hartsock Realty License #2015002150 Listed on: 03/22/2017

Last Buyer's Agent

Jeff Dulmage

Hartsock Realty License #2015002150 Listed on: 03/22/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 24 Bedrooms
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

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

Community Details

  • No Home Owners Association
  • 10 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 36-3608-13-021.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Unit Levels: Two
  • Year Built: 1935
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:Lot Size Square Feet: 0.34
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-3608-13-021.000
  • Tax Info:Tax Annual Amount: 2725.54
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • Roof:Metal2: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 10
  • 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
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Unit 8 Info:Furnished YN8: No
  • Special Features: RealEstateOwned

Interior Features

  • Has Basement: Concrete, Full
  • Total Bedrooms: 24
  • Basement:Concrete3: Yes
  • Full Basement: Yes

Exterior Features

  • Construction Type: Brick, Frame
  • Roof: Metal
  • Construction Materials:Brick: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: 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: 0.34
  • Parcel #: 36-3608-13-021.000
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 2725.54

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,554,750
Outstanding Balance
$847,041
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 22, 2017
Closed on
Jun 20, 2017
Sold by
Bought by
Seller's Agent
Jeff Dulmage
Hartsock Realty
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$92,500
Sold Price
$92,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,125
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 2, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.31%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 4, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 24, 1991
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Riverside North, OH

  • Connie Thompson Real Estate Agent - Superior Plus Realtors

    Connie Thompson

    Superior Plus Realtors

    (567) 371-7904

    277 Total Sales

    1 in Riverside North

    $105,500 Price

    Connie Thompson
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  • Seth Ciminillo Real Estate Agent - Dye Real Estate & Land Company

    Seth Ciminillo

    Responds Quickly

    Dye Real Estate & Land Company

    (567) 371-4689

    202 Total Sales

    6 in Riverside North

    $23K - $333K Price Range

    Seth Ciminillo
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  • HEATHER GAUS Real Estate Agent - Cowan, Realtors

    HEATHER GAUS

    Cowan, Realtors

    (567) 888-3786

    119 Total Sales

    5 in Riverside North

    $12K - $191K Price Range

    HEATHER GAUS
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  • Samantha Wilch Real Estate Agent - Superior Plus Realtors

    Samantha Wilch

    Superior Plus Realtors

    (567) 888-3852

    38 Total Sales

    3 in Riverside North

    $56K - $95K Price Range

    Samantha Wilch
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  • Shaun Richardson Real Estate Agent - EXP Realty, LLC

    Shaun Richardson

    EXP Realty, LLC

    (567) 888-3950

    197 Total Sales

    2 in Riverside North

    $60K - $285K Price Range

    Shaun Richardson
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  • April LaRue Real Estate Agent - Cowan, Realtors

    April LaRue

    Cowan, Realtors

    (419) 969-6218

    10 Total Sales

    1 in Riverside North

    $165,000 Price

    April LaRue
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,095,000 None Available
-- None Available
$92,500 None Available
$127,103 None Available
$168,000 None Available
$87,500 --
$47,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,554,750
Previous Owner $633,570
Previous Owner $273,000
Previous Owner $200,000
Previous Owner $225,000
Previous Owner $145,125
Previous Owner $144,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/21/2017 06/21/17 Sold $92,500 0.0% --
03/27/2017 03/27/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $92,500 -- --
Source: West Central Association of REALTORS® (OH)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,251 $64,340 $8,790 $55,550
2024 $3,240 $64,340 $8,790 $55,550
2023 $3,208 $58,490 $7,980 $50,510
2022 $3,200 $58,490 $7,980 $50,510
2021 $3,353 $58,490 $7,980 $50,510
2020 $3,262 $48,790 $7,980 $40,810
2019 $3,262 $48,790 $7,980 $40,810
2018 $3,216 $48,790 $7,980 $40,810
2017 $3,202 $48,790 $7,980 $40,810
2016 $4,680 $48,790 $7,980 $40,810
2015 $3,163 $48,790 $7,980 $40,810
2014 $3,163 $47,530 $7,980 $39,550
2013 $3,071 $47,530 $7,980 $39,550
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dulmage Real Estate Agent - Hartsock Realty

    Seller's Agent in 2017

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    5 in this area

    94 Total Sales

    Jeff Dulmage
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 104434

Ohio Allen County Lima 45801 Riverside North

500 W Elm St, Lima, OH

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