NOT LISTED FOR SALE

505 Prospect Ave Lima, OH 45804

Estimated Value: $55,000 - $67,000

2 Beds
1 Bath
1,468 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $70,000 $48 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $367/month

77 Days on Market

Highlights

  • No HOA
  • Enclosed Patio or Porch
  • Carpet
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Main floor bedroom and bath. Breaker box 2017. Some new windows. Property may be purchased as package with 524 Prospect Ave. for $69,000. Firm

Last Agent to Sell the Property

BELINDA TRUESDALE

Superior Plus Realtors License #0000392807 Listed on: 06/16/2020

Last Buyer's Agent

Jeff Dulmage

Hartsock Realty License #2015002150

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $668

Year Built

  • Built in 1912

Lot Details

  • 6,011

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,468 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Enclosed Patio or Porch
  • Lot Dimensions are 40x150

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-3112-02-009.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$668

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 40x150
  • Directions: E. Elm, then south on Prospect
  • Unit Levels: One and One Half
  • Year Built: 1912
  • 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_: 37-3112-02-009.000
  • Tax Info:Tax Annual Amount: 668.3
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 40x150
  • Levels:One and One Half: Yes
  • Utilities:Cable Available: Yes
  • Flooring:Carpet: Yes
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Appliances:Electric Water Heater: Yes
  • Kitchen Features:Wood Cabinets: Yes
  • Kitchen Features:Laminate Counters: Yes

Exterior Features

  • Lot Features: Shaded Lot
  • Construction Type: See Remarks
  • Foundation Details: Block
  • Other Structures: Garage(s)
  • Patio And Porch Features: Enclosed, Porch
  • Patio Porch Features:Enclosed: Yes
  • Patio Porch Features:Porch: Yes
  • Construction Materials:See Remarks9: Yes
  • Lot Features:Shaded Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Total Parking Spaces: 1.0
  • Parking Features:Parking Total2: 1
  • Parking Features:Detached: Yes
  • Other Structures:Garage(s): Yes

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • 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 #: 37-3112-02-009.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 668.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Sep 11, 2020
Sold by
Cox Jeffrey L and Cox Tamara L
Bought by
Aeb Holdings Llc
Seller's Agent
BELINDA TRUESDALE
Superior Plus Realtors
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$35,500
Sold Price
$70,000
Premium/Discount to List
$34,500
97.18%
Current Estimated Value
$62,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,667
Avg. Annual Appreciation
-0.48%
Original Mortgage
$52,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 13, 2015
Sold by
Raines Carl B
Bought by
Cox Jeffrey L and Cox Tamara L

Purchase Details

Closed on
Jan 17, 2006
Sold by
Campbell Robert D and Campbell Cheryl S
Bought by
Rccc Ltd

Purchase Details

Closed on
May 13, 1998
Sold by
Trodeau Cynthia
Bought by
Raines Carl and Ellis Steven

Purchase Details

Closed on
Jul 13, 1988
Bought by
Rockey Richard L
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
Aeb Holdings Llc $70,000 None Available
Cox Jeffrey L $5,000 None Available
Rccc Ltd -- None Available
Raines Carl $21,500 --
Rockey Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Aeb Holdings Llc $140,000
Open Aeb Holdings Llc $204,563
Closed Aeb Holdings Llc $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $70,000 +97.2% $48 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $35,500 -- $24 / 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 $452 $10,990 $980 $10,010
2023 $487 $10,470 $950 $9,520
2022 $488 $10,470 $950 $9,520
2021 $515 $10,470 $950 $9,520
2020 $668 $12,460 $910 $11,550
2019 $668 $12,460 $910 $11,550
2018 $666 $12,460 $910 $11,550
2017 $671 $12,460 $910 $11,550
2016 $680 $12,460 $910 $11,550
2015 $696 $12,460 $910 $11,550
2014 $696 $12,950 $980 $11,970
2013 $678 $12,950 $980 $11,970
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BELINDA TRUESDALE

    Superior Plus Realtors

    Section Image
  • Jeff Dulmage

    Buyer's Agent in 2020

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    132 Total Sales

    Jeff Dulmage
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 201868

APN: 37-31-12-02-009.000

Ohio Allen County Lima 45804

505 Prospect Ave, Lima, OH

This home is located at 505 Prospect Ave, Lima, OH 45804 since 16 June 2020 and is currently estimated at $62,333, approximately $42 per square foot. This property was built in 1912. 505 Prospect Ave 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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