$22,929
SOLD MAR 22, 2022

508 N Collett St Lima, OH 45805

Central Lima Neighborhood
2 Beds
1 Bath
945 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$24 Per Sq Ft

54% Below List Price

195 Days on Market

About This Home

As of March 2022

Investment Opportunity or New Home! Well managed single family home. Leased month-to-month. NO SIGN. Please do not disturb tenants. Make offers contingent upon viewing property. Seller will sell with current tenant in place or will have the property vacated prior to closing-buyer's choice. Showings only following accepted offer to purchase. Basement may have slight seepage in heavy rain. Room sizes are approximations and should be verified by the purchaser. Current rent is $410/month

Last Agent to Sell the Property

Tim Stanford

Superior Plus Realtors License #0000331263 Listed on: 06/23/2021

Last Buyer's Agent

Eric Schomber

Exp Realty License #2020007677

Exp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 42 x 88

Interior Spaces

  • 945 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36-2512-12-018.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$542

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 42 x 88
  • Unit Levels: One and One Half
  • Year Built: 1920
  • 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_: 36-2512-12-018.000
  • Tax Info:Tax Annual Amount: 541.96
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: 42 x 88
  • Levels:One and One Half: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Construction Type: Other
  • Foundation Details: Other
  • Construction Materials:Other5: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None5: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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 #: 36-2512-12-018.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 541.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 1995
Sold by
Everett Merlin
Bought by
Wortman Irwin and French Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1983
Bought by
Everett Merlin D
Source: Public Records

Range of Values:

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Average Value
Not Available
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 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

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $70,750 +102.1% $75 / Sq Ft
05/21/2025 05/21/25 Price Changed $35,000 -22.2% $37 / Sq Ft
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: 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 $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

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tyler Miller

    Key Realty

    1 in this area

    1 Total Sale

    Tyler Miller
    Section Image
  • Tim Stanford

    Seller's Agent in 2022

    Tim Stanford

    Superior Plus Realtors

    (419) 230-2421

    38 in this area

    179 Total Sales

    Tim Stanford
    Section Image
  • Eric Schomber

    Buyer's Agent in 2022

    Eric Schomber

    Exp Realty

    (866) 212-4991

    32 in this area

    228 Total Sales

    Eric Schomber
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 205414

APN: 36-25-12-12-018.000

Ohio Allen County Lima 45801 Central Lima

508 N Collett St, Lima, OH

This home is located at 508 N Collett St, Lima, OH 45805 and is currently priced at $22,929, approximately $24 per square foot. This property was built in 1920. 508 N Collett St is a home located in Allen County with nearby schools including Heritage Elementary School, Lima North Middle School, and Lima West Middle School.

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