$153,500
SOLD JAN 3, 2025

507 Runyan Ave Lima, OH 45801

3 Beds
1 Bath
1,152 Sq Ft
0.27 Acres

Recently Sold

$133 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Formal Dining Room
  • Corner Lot
  • Covered patio or porch
  • 4-minute walk to Robb Park

About This Home

As of January 2025

Step into this darling 3-bedroom home, perfectly situated on a large corner lot. This home is filled with charm and character, inside and out. Updates include new windows, electrical, flooring, paint and more. Call your favorite Realtor to schedule a private tour.

Last Agent to Sell the Property

Rachel Swartz

CCR Realtors License #2017002575 Listed on: 11/26/2024

Last Buyer's Agent

Denise Spicer

Binkley Real Estate- Lima License #2015005459

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1928 | Remodeled

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,152 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Covered patio or porch
  • Corner Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 11/26/24
  • Assessor Parcel Number 36-2505-09-001.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1928
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Fireplace YN: Yes
  • Tax Info:Parcel _pound_: 36-2505-09-001.000
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Room Types:Living Room2: Yes
  • General Property Info:Basement YN: Yes
  • Foundation:Block2: Yes
  • Room Types:Dining Room2: Yes
  • Flooring:Carpet: Yes
  • Flooring:Vinyl: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Location Property Info:Available Date: 2024-11-26
  • Room Types:Laundry2: Yes
  • Utilities:Water Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater Owned
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Appliances Range: Yes
  • Basement:Unfinished: Yes
  • Kitchen Features:Wood Cabinets: Yes
  • Appliances:Water Heater Owned: Yes
  • Dining Room Features:Formal: Yes
  • Kitchen Features:Laminate Counters: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Wood Burning: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Shaded Lot
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Updated/Remodeled
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Shaded Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage Door Opener, Detached, Garage
  • General Property Info:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • 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 #: 36-2505-09-001.000
  • Zoning Description: Residential

Rental Info

  • Available Date: 2024-11-26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Jan 3, 2025
Sold by
Lohb Llc
Bought by
Music Damion
Seller's Agent
Rachel Swartz
CCR Realtors
Buyer's Agent
Denise Spicer
Binkley Real Estate- Lima
List Price
$162,842
Sold Price
$153,500
Premium/Discount to List
-$9,342
-5.74%
Total Days on Market
12
Views
176
Current Estimated Value
$151,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,151
Avg. Annual Appreciation
-3.09%
Original Mortgage
$148,895
Outstanding Balance
$148,513
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$2,836

Purchase Details

Closed on
Oct 15, 2024
Sold by
Koch Gerry L and Gilbert Brenda A
Bought by
Lohb Llc

Purchase Details

Closed on
Sep 19, 2011
Sold by
Mcelderry Duane Bruce and Jenkins Maureen
Bought by
Koch Gerry L

Purchase Details

Closed on
Mar 1, 1970
Bought by
Mcelderry Wm Robert
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 Type Sale Price Title Company
Warranty Deed $153,500 None Listed On Document
Fiduciary Deed $68,000 None Listed On Document
Warranty Deed $40,000 Attorney
Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,895 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $153,500 -2.2% $133 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
12/02/2024 12/02/24 Price Changed $157,000 -3.6% $136 / Sq Ft
11/26/2024 11/26/24 For Sale $162,842 -- $141 / 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 $1,491 $40,500 $7,460 $33,040
2023 $792 $27,370 $5,040 $22,330
2022 $805 $27,370 $5,040 $22,330
2021 $852 $27,370 $5,040 $22,330
2020 $675 $21,530 $4,870 $16,660
2019 $675 $21,530 $4,870 $16,660
2018 $673 $21,530 $4,870 $16,660
2017 $598 $19,850 $4,870 $14,980
2016 $604 $19,850 $4,870 $14,980
2015 $652 $19,850 $4,870 $14,980
2014 $652 $20,790 $4,690 $16,100
2013 $635 $20,790 $4,690 $16,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 305714

APN: 36-25-05-09-001.000