NOT LISTED FOR SALE

505 Cornell Dr Lima, OH 45805

Westgate Neighborhood

Estimated Value: $114,000 - $150,000

2 Beds
1 Bath
896 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $70,200 $78 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $820/month

6 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • Fireplace
  • Wood Flooring
  • No HOA
  • Eat-In Kitchen

About This Home

As of December 2022

Brick ranch featuring a cozy living room with wood burning fireplace, an eat-in kitchen, attached garage with enclosed patio, large fenced yard with shed. New gutters in 2021, water heater replaced in 2020, furnace replaced in 2018. Room sizes, sq ft and taxes approximate. Immediate possession!

Last Agent to Sell the Property

Robin Flanagan

Cowan, Realtors License #0000389806 Listed on: 11/29/2022

Co-Listed By

HEATHER GAUS

Cowan, Realtors License #2019007502

Last Buyer's Agent

Jeff Dulmage

Hartsock Realty License #2015002150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 63x200
  • Fenced

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • Fireplace
  • Sun or Florida Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Gardendale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-2611-04-021.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,322

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 63x200
  • Co List Office Mls Id: wca.o668000220
  • Co List Office Phone: 419-222-1212
  • Subdivision Name: Gardendale
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1950
  • 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_: 36-2611-04-021.000
  • Tax Info:Tax Annual Amount: 1321.96
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 63x200
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Other Structures:Storage: Yes
  • Other Structures:Shed(s): Yes
  • Room Types:Sunroom: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Appliances:Electric Water Heater: Yes
  • Dining Room Features:Eat-in Kitchen: Yes

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Fenced
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Fenced: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 1.0
  • General Property Info:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Parking Total2: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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 #: 36-2611-04-021.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1321.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 30, 2022
Bought by
Laverne Gales
Seller's Agent
Robin Flanagan
Cowan, Realtors
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$735,000
Sold Price
$70,200
Premium/Discount to List
-$664,800
-90.45%
Current Estimated Value
$132,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,059
Avg. Annual Appreciation
26.01%
Interest Rate
6.42%

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 29, 2022
Sold by
Mcpheron Dana P and Mcpheron Kayla B
Bought by
Gales Laverne
Seller's Agent
Robin Flanagan
Cowan, Realtors
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$735,000
Sold Price
$70,200
Premium/Discount to List
-$664,800
-90.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.42%

Purchase Details

Closed on
May 28, 2010
Sold by
Williams Joe A and Williams Rosemary
Bought by
Mcpheron Dana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1996
Sold by
Brooks Harold
Bought by
Williams Joe

Purchase Details

Closed on
Feb 11, 1994
Sold by
Mcdonel Ruth Marie
Bought by
Wilkins John A

Purchase Details

Closed on
Jan 1, 1990
Bought by
Mcdonel Ruth Marie
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
Laverne Gales $70,200 --
Gales Laverne $70,200 None Listed On Document
Mcpheron Dana P $69,000 None Available
Williams Joe $48,000 --
Wilkins John A -- --
Mcdonel Ruth Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Laverne Gales --
Previous Owner Mcpheron Dana P $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $70,200 -90.4% $78 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $735,000 -- $820 / 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 $1,430 $38,710 $8,050 $30,660
2023 $1,273 $29,790 $6,200 $23,590
2022 $1,249 $29,790 $6,200 $23,590
2021 $1,322 $29,790 $6,200 $23,590
2020 $1,311 $26,190 $5,920 $20,270
2019 $1,311 $26,190 $5,920 $20,270
2018 $1,302 $26,190 $5,920 $20,270
2017 $1,316 $26,190 $5,920 $20,270
2016 $1,328 $26,190 $5,920 $20,270
2015 $1,309 $26,190 $5,920 $20,270
2014 $1,309 $25,490 $5,850 $19,640
2013 $1,273 $25,490 $5,850 $19,640
Source: Public Records

Agents Affiliated with this Home

  • Robin Flanagan

    Seller's Agent in 2022

    Robin Flanagan

    Cowan, Realtors

    (419) 234-6111

    7 in this area

    91 Total Sales

    Robin Flanagan
    Section Image
  • HEATHER GAUS

    Seller Co-Listing Agent in 2022

    HEATHER GAUS

    Cowan, Realtors

    (419) 236-4391

    8 in this area

    121 Total Sales

    HEATHER GAUS
    Section Image
  • Jeff Dulmage

    Buyer's Agent in 2022

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    2 in this area

    131 Total Sales

    Jeff Dulmage
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 212308

APN: 36-26-11-04-021.000

Ohio Allen County Lima 45805 Westgate

505 Cornell Dr, Lima, OH

This home is located at 505 Cornell Dr, Lima, OH 45805 since 29 November 2022 and is currently estimated at $132,259, approximately $147 per square foot. This property was built in 1950. 505 Cornell Dr is a home located in Allen County with nearby schools including Heritage Elementary School, Lima West Middle School, and Lima North Middle School.

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