508 N Collett St Lima, OH 45805
Central Lima NeighborhoodEstimated payment $311/month
Total Views
1,179
2
Beds
1
Bath
945
Sq Ft
$48
Price per Sq Ft
Highlights
- Fireplace
- Level Entry For Accessibility
- Garage
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
About This Home
LIST PRICE IS THE STARTING BID: ONLINE AND LIVE AUCTION Auction Date: May 24th at 11:30 AM (Doors Open at 10:30 AM) Live Auction Location: TBD Part of a 55-Property Investment Portfolio! Offers are encouraged prior to the auction — seller reserves the right to accept an offer before auction day. Property is currently rented at $600 per month, with market rent estimated at $1,177 per month — strong cash flow potential from day one. Submit your offer early or join us online or in person to bid! Auction Terms: 10% non-refundable deposit due on auction day. Balance due within 45 days. Arrange all financing and inspections prior to bidding. Announcements made on auction day will take precedence over all prior communications. Don't miss out — whether you're growing your rental portfolio or looking for immediate income potential, this property — and the full portfolio — offers rare opportunities at scale. Act now or be ready to bid!
Listing Agent
E-Merge Real Estate Champions Brokerage Phone: 6146785505 License #2020006959
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $725
Year Built
- Built in 1920
Home Design
- Vinyl Siding
Interior Spaces
- 945 Sq Ft Home
- 2-Story Property
- Fireplace
- Partial Basement
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Upstairs
- 1 Full Bathroom
Parking
- Garage
- Open Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Additional Features
- Level Entry For Accessibility
- 3,485 Sq Ft Lot
- City Lot
Listing and Financial Details
- Assessor Parcel Number 36251212018.000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $512 | $12,710 | $1,890 | $10,820 |
| 2023 | $513 | $11,140 | $1,650 | $9,490 |
| 2022 | $566 | $11,140 | $1,650 | $9,490 |
| 2021 | $544 | $11,140 | $1,650 | $9,490 |
| 2020 | $543 | $9,870 | $1,610 | $8,260 |
| 2019 | $543 | $9,870 | $1,610 | $8,260 |
| 2018 | $541 | $9,870 | $1,610 | $8,260 |
| 2017 | $545 | $9,870 | $1,610 | $8,260 |
| 2016 | $552 | $9,870 | $1,610 | $8,260 |
| 2015 | $587 | $9,870 | $1,610 | $8,260 |
| 2014 | $587 | $10,430 | $1,680 | $8,750 |
| 2013 | $573 | $10,430 | $1,680 | $8,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2025 04/29/25 | For Sale | $45,000 | +96.3% | $48 / Sq Ft |
| 03/22/2022 03/22/22 | Sold | $22,929 | -54.1% | $24 / Sq Ft |
| 01/04/2022 01/04/22 | Pending | -- | -- | -- |
| 06/23/2021 06/23/21 | For Sale | $49,900 | -- | $53 / Sq Ft |
Source: Mansfield Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $20,000 | -- | |
| Deed | $22,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $16,000 | New Conventional |
Source: Public Records
Similar Homes in Lima, OH
Source: Mansfield Association of REALTORS®
MLS Number: 9066802
APN: 36-25-12-12-018.000
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