NOT LISTED FOR SALE

501 E 3rd St Lima, OH 45804

Southside Lima Neighborhood

Estimated Value: $43,000 - $57,270

2 Beds
1 Bath
874 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $45,000 $51 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $321/month

69 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Formal Dining Room

About This Home

As of March 2023

Check out this affordable little 2 bedroom. Move right in and make it your own.,Under 1 Acre

Last Agent to Sell the Property

Bailey Joseph

Hartsock Realty License #2006002451 Listed on: 12/07/2022

Last Buyer's Agent

Bailey Joseph

Hartsock Realty License #2006002451 Listed on: 12/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $408

Year Built

  • Built in 1941

Lot Details

  • 6,011

Home Design

  • Block Foundation
  • Aluminum Siding

Interior Spaces

  • 874 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Formal Dining Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-0609-18-010.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$408

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: .138
  • Architectural Style: Other
  • Unit Levels: One and One Half
  • Year Built: 1941
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Fireplace YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 47-0609-18-010.000
  • Tax Info:Tax Annual Amount: 408.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types:Living Room2: Yes
  • Cooling:None4: Yes
  • Foundation:Block2: Yes
  • Room Types:Dining Room2: Yes
  • General Property Info:Lot Size Dimensions: .138
  • Levels:One and One Half: Yes
  • Flooring:Laminate: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate
  • Appliances:Electric Water Heater: Yes
  • Dining Room Features:Formal: Yes

Exterior Features

  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None5: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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: Lima

Lot Info

  • Parcel #: 47-0609-18-010.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 408.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Mar 17, 2023
Sold by
Taylor Demetrius
Bought by
Sk & Dd Enterprises Llc
Seller's Agent
Bailey Joseph
Hartsock Realty
Buyer's Agent
Bailey Joseph
Hartsock Realty
List Price
$45,000
Sold Price
$45,000
Current Estimated Value
$52,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,318
Avg. Annual Appreciation
6.14%
Original Mortgage
$36,000
Outstanding Balance
$31,860
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$20,458

Purchase Details

Closed on
Dec 5, 2021
Sold by
Gibson and Lakisha
Bought by
Taylor Demetrius

Purchase Details

Closed on
Jul 27, 2021
Sold by
Greater Lima Acquisition Group Llc
Bought by
Gibson Sherman

Purchase Details

Closed on
Jul 2, 2021
Sold by
Mod Rentals Ltd
Bought by
Greater Lima Acquisition Group Llc

Purchase Details

Closed on
Jan 19, 2001
Sold by
Citizen National Bank
Bought by
Mod Rentals Ltd

Purchase Details

Closed on
Nov 8, 2000
Sold by
White Lorenzo
Bought by
Citizens Nantional Bank

Purchase Details

Closed on
Mar 9, 1993
Sold by
Simpson Louise
Bought by
Nance Shirley

Purchase Details

Closed on
Jan 1, 1979
Bought by
Simpson Louise
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
Sk & Dd Enterprises Llc $45,000 None Listed On Document
Taylor Demetrius -- None Listed On Document
Gibson Sherman $4,000 None Available
Greater Lima Acquisition Group Llc $329,000 None Available
Mod Rentals Ltd $10,000 --
Citizens Nantional Bank $10,000 --
Nance Shirley $4,500 --
Simpson Louise $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sk & Dd Enterprises Llc $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $45,000 0.0% $51 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $45,000 -- $51 / 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 $533 $7,460 $1,020 $6,440
2023 $353 $7,110 $980 $6,130
2022 $352 $7,110 $980 $6,130
2021 $371 $7,110 $980 $6,130
2020 $423 $7,390 $950 $6,440
2019 $423 $7,390 $950 $6,440
2018 $421 $7,390 $950 $6,440
2017 $424 $7,390 $950 $6,440
2016 $430 $7,390 $950 $6,440
2015 $435 $7,390 $950 $6,440
2014 $508 $8,860 $1,020 $7,840
2013 $496 $8,860 $1,020 $7,840
Source: Public Records

Agents Affiliated with this Home

  • Bailey Joseph

    Seller's Agent in 2023

    Bailey Joseph

    Hartsock Realty

    (419) 516-3272

    1 in this area

    99 Total Sales

    Bailey Joseph
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 212368

APN: 47-06-09-18-010.000

Ohio Allen County Lima 45804 Southside Lima

501 E 3rd St, Lima, OH

This home is located at 501 E 3rd St, Lima, OH 45804 since 07 December 2022 and is currently estimated at $52,318, approximately $59 per square foot. This property was built in 1941. 501 E 3rd St is a home located in Allen County with nearby schools including Unity Elementary School, Lima North Middle School, and Lima West Middle School.

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