NOT LISTED FOR SALE

505 S Kemp Rd Lima, OH 45806

Estimated Value: $523,000 - $756,000

4 Beds
2.5 Baths
2,414 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $489,000 $203 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,282/month

125 Days on Market

Highlights

  • Barn
  • Above Ground Pool
  • Ranch Style House
  • Maplewood Elementary School Rated A
  • Pond
  • Sun or Florida Room

About This Home

As of March 2021

Sheltered unique property, that is quiet, peaceful. A place to grow, imagine and expand with all the possibilities. It breathes a love of life into you. Come see for yourself and experience the joy this home has to offer. 20.73 acres, barns, 96x60 with riding arena, 40x50, 36x40. 4-acre pasture. Stocked pond. 10-acre woods, concrete drives, 8000 BTU Generac Generator, two wells, sunroom, above ground pool. Propane ventless fireplace. One owner home. Pre-approved buyers only please.

Last Listed By

Pauline DeVita

CCR Realtors License #0000427797 Listed on: 10/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,707

Year Built

  • Built in 1985

Lot Details

  • 21

Home Design

  • Ranch Style House
  • Cedar

Interior Spaces

  • 2,414 Sq Ft Home
  • Fireplace
  • Drapes & Rods
  • Sun or Florida Room
  • Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • No Kitchen Appliances
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Pond

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Softener Leased
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36-3100-03-001.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,707

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 20.73 acres
  • Directions: Across from Bresslors Reservoir between Cotner and Agerter Roads.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1985
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Bathrooms Half: 1
  • General Property Info:Fireplace YN: Yes
  • General Property Info:Private Pool YN: Yes
  • Tax Info:Parcel _pound_: 36-3100-03-001.002
  • Tax Info:Tax Annual Amount: 5706.78
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Levels:One: Yes
  • General Property Info:Lot Size Dimensions: 20.73 acres
  • Flooring:Carpet: Yes
  • Water Source:Well: Yes
  • Flooring:Laminate: Yes
  • Flooring:Tile: Yes
  • Pool Features:Above Ground: Yes
  • Percent Basement Finished: Yes
  • Room Types:Sunroom: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Water Softener Rented, None
  • Has Basement: Concrete, Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 992.0
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Window Features: Drapes
  • Appliances:Electric Water Heater: Yes
  • Kitchen Features:Custom Built Cabinets: Yes
  • Dining Room Features:Eat-in Kitchen: Yes
  • Kitchen Features:Wood Cabinets: Yes
  • Basement:Concrete3: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Appliances:None2: Yes
  • Appliances:Water Softener Rented: Yes

Exterior Features

  • Lot Features: Pond
  • Pool Features: Above Ground
  • Construction Type: Cedar
  • Other Structures: Barn(s)
  • Window Features:Drapes: Yes
  • Lot Features:Pond: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Shawnee

Lot Info

  • Parcel #: 36-3100-03-001.002
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 5706.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Mar 2, 2021
Sold by
Schmenk Richard L and Schmenk Dorothy J
Bought by
Russell Casey and Russell Aaron
Seller's Agent
Pauline DeVita
CCR Realtors
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%
Total Days on Market
125
Current Estimated Value
$632,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,564
Avg. Annual Appreciation
6.35%
Original Mortgage
$464,550
Outstanding Balance
$421,140
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$211,424

Purchase Details

Closed on
Apr 5, 2019
Sold by
Meyer Robert H
Bought by
Schmenk Richard L and Schmenk Dorothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 31, 1985
Bought by
Schmenk Richard Lowell

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
Russell Casey $489,000 First American Mortgage Sln
Schmenk Richard L -- None Available
Meyer Robert H -- None Available
Schmenk Richard Lowell $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Casey $464,550
Previous Owner Schmenk Richard L $90,000
Previous Owner Schmenk Richard L $75,000
Previous Owner Schmenk Richard L $165,000
Previous Owner Schmenk Richard Lowell $28,000
Previous Owner Schmenk Richard L $172,000
Previous Owner Schmenk Richard L $175,000
Previous Owner Schmenk Richard Lowell $25,000
Previous Owner Schmenk Richard Lowell $90,000
Previous Owner Scmenk Richard Lowell $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $489,000 -2.0% $203 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
10/07/2020 10/07/20 For Sale $499,000 -- $207 / 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 $9,296 $208,500 $46,030 $162,470
2023 $7,603 $151,100 $33,360 $117,740
2022 $7,628 $151,100 $33,360 $117,740
2021 $7,666 $151,100 $33,360 $117,740
2020 $5,707 $115,920 $32,480 $83,440
2019 $5,707 $115,920 $32,480 $83,440
2018 $5,460 $115,920 $32,480 $83,440
2017 $5,245 $103,120 $30,560 $72,560
2016 $5,501 $103,120 $30,560 $72,560
2015 $5,267 $94,720 $22,160 $72,560
2014 $5,267 $103,260 $28,600 $74,660
2013 $4,762 $103,260 $28,600 $74,660
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Pauline DeVita

    CCR Realtors

    (419) 235-1820

    53 Total Sales

    Pauline DeVita
    Section Image
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Map

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Source: West Central Association of REALTORS® (OH)

MLS Number: 202998

APN: 36-31-00-03-001.002

Ohio Allen County Lima 45806

505 S Kemp Rd, Lima, OH

Homes for Sale in Lima, OH

This home is located at 505 S Kemp Rd, Lima, OH 45806 since 07 October 2020 and is currently estimated at $632,564, approximately $262 per square foot. This property was built in 1985. 505 S Kemp Rd is a home located in Allen County with nearby schools including Elmwood Elementary School, Maplewood Elementary School, and Shawnee Middle School.

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