NOT LISTED FOR SALE

5040 N West St Lima, OH 45801

Estimated Value: $221,000 - $275,000

3 Beds
1 Bath
1,694 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $67,000 $40 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $1,637/month

20 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Forced Air Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage

About This Home

As of July 2015

This home explodes with potential with 3 bedroom 1 bath on main floor and an extra room and full bath in walk out basement. With over 2 acres and an outbuilding there is plenty of room for all your outdoor fun.

Last Agent to Sell the Property

Dawn Arheit

Busy B Realty License #2006001743 Listed on: 05/27/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 2.17

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,694 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 36-0100-01-012.000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 2.07
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1959
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Fireplace YN: Yes
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 36-0100-01-012.000
  • Tax Info:Tax Annual Amount: 2410.6
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Levels:One: Yes
  • General Property Info:Lot Size Dimensions: 2.07
  • Special Listing Conditions:Real Estate Owned: Yes
  • Water Source:Well: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Has Basement: Concrete, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Basement:Concrete3: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Construction Type: Brick, Other
  • Construction Materials:Brick: Yes
  • Construction Materials:Other5: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Total2: 2
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Bath

Lot Info

  • Parcel #: 36-0100-01-012.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 2410.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 27, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Focht Andrew E and Focht Lynne Marie Jacobs
Seller's Agent
Dawn Arheit
Busy B Realty
List Price
$67,000
Sold Price
$67,000
Current Estimated Value
$244,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,094
Avg. Annual Appreciation
13.86%
Original Mortgage
$63,650
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2015
Sold by
Ketteman Deborah S
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Mar 10, 1995
Sold by
Huysman Clarence
Bought by
Fletcher Clifford

Purchase Details

Closed on
Apr 28, 1988
Bought by
Huysman Clarence G
Source: Public Records

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Range of Values:

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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
Focht Andrew E -- None Available
Jpmorgan Chase Bank Na $48,000 None Available
Fletcher Clifford $90,000 --
Huysman Clarence G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Focht Andrew E $95,000
Closed Focht Andrew E $25,000
Closed Focht Andrew E $63,650
Previous Owner Rhodes Robert L $103,135
Previous Owner Rhodes Robert L $107,996
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $67,000 0.0% $40 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $67,000 -- $40 / 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 $3,393 $83,090 $13,230 $69,860
2023 $2,693 $59,360 $9,450 $49,910
2022 $2,753 $59,360 $9,450 $49,910
2021 $2,768 $59,360 $9,450 $49,910
2020 $2,580 $52,190 $8,790 $43,400
2019 $2,580 $52,190 $8,790 $43,400
2018 $2,362 $52,190 $8,790 $43,400
2017 $2,126 $44,950 $8,790 $36,160
2016 $2,118 $44,950 $8,790 $36,160
2015 $2,409 $44,950 $8,790 $36,160
2014 $2,409 $48,520 $8,440 $40,080
2013 $1,869 $48,520 $8,440 $40,080
Source: Public Records

Agents Affiliated with this Home

  • Dawn Arheit

    Seller's Agent in 2015

    Dawn Arheit

    Busy B Realty

    (419) 371-4633

    60 Total Sales

    Dawn Arheit
    Section Image
See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 97765

APN: 36-01-00-01-012.000

Ohio Allen County Lima 45801

5040 N West St, Lima, OH

This home is located at 5040 N West St, Lima, OH 45801 since 27 May 2015 and is currently estimated at $244,094, approximately $144 per square foot. This property was built in 1959. 5040 N West St is a home located in Allen County with nearby schools including Elida Elementary School, Elida Middle School, and Elida High School.

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