NOT LISTED FOR SALE

524 Prospect Ave Lima, OH 45804

Estimated Value: $70,000 - $105,000

3 Beds
1.5 Baths
1,786 Sq Ft
$46/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $70,000 $39 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $510/month

77 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Covered patio or porch
  • Wood Flooring
  • No HOA
  • Formal Dining Room

About This Home

As of September 2020

Storage galore! Built-in cabinets and shelving with desk in dining room. 210sq ft 3 season room. Covered front porch. Water heater and Furnace 2012, Roof 2016, Deck 2014, Shed 2015. Pex plumbing. Chain linked fence. Off street parking. Currently rented at $575.00 a month. Tenant pays utilities. Property may be purchased as package with 505 Prospect Ave. for $69,000. Firm.

Last Listed By

BELINDA TRUESDALE

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1920

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Fenced

Home Design

  • Block Foundation

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Laminate Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 37-3112-05-034.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • Directions: E. Elm then south on Prospect Ave.
  • Unit Levels: Two
  • Year Built: 1920
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Acres: 0.17
  • General Property Info:Lot Size Square Feet: 7500.0
  • 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: No
  • Tax Info:Parcel _pound_: 37-3112-05-034.000
  • Tax Info:Tax Annual Amount: 716.86
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 50x150
  • Utilities:Cable Available: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Other Structures:Storage: Yes
  • Levels:Two2: Yes
  • Other Structures:Shed(s): Yes
  • Room Types:Laundry2: Yes
  • Room Types:Sunroom: Yes
  • Other Structures:Outbuilding: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Appliances:Electric Water Heater: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Kitchen Features:Wood Cabinets: Yes
  • Basement:Partial: Yes
  • Dining Room Features:Formal: Yes
  • Kitchen Features:Laminate Counters: Yes

Exterior Features

  • Lot Features: Shaded Lot
  • Construction Type: See Remarks
  • Exterior Features: Fenced
  • Foundation Details: Block
  • Other Structures: Outbuilding, Shed(s), Storage
  • Patio And Porch Features: Covered, Deck, Porch
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Deck: Yes
  • Patio Porch Features:Porch: Yes
  • Construction Materials:See Remarks9: Yes
  • Exterior Features:Fenced: Yes
  • Lot Features:Shaded Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, See Remarks
  • Parking Features:None5: Yes
  • Parking Features:See Remarks13: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • 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
  • Water Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 37-3112-05-034.000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 716.86

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
$47,000
Sold Price
$70,000
Premium/Discount to List
$23,000
48.94%
Total Days on Market
77
Current Estimated Value
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,000
Avg. Annual Appreciation
-3.01%
Original Mortgage
$52,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 7, 2013
Sold by
Srb Servicing Llc
Bought by
Cox Jeffrey L and Cox Tamara L

Purchase Details

Closed on
Dec 4, 2012
Sold by
Darden Kimberly Joan and James Kimberly J
Bought by
Srb Servicing Llc

Purchase Details

Closed on
Jul 31, 2002
Sold by
Henry William K
Bought by
Darden Terry D and Darden Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,535
Interest Rate
9.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1999
Sold by
Schimpf John
Bought by
Henry Ii William Petra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,800
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1993
Sold by
Kelley George K
Bought by
Schimpf John E and Schimpf Mindy L

Purchase Details

Closed on
Jan 1, 1990
Bought by
Kelley George K

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 Buyer Sale Price Title Company
Aeb Holdings Llc $70,000 None Available
Cox Jeffrey L $7,000 None Available
Srb Servicing Llc $14,000 None Available
Darden Terry D $37,100 --
Henry Ii William Petra $31,000 --
Schimpf John E $25,100 --
Kelley George K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aeb Holdings Llc $140,000
Open Aeb Holdings Llc $204,563
Closed Aeb Holdings Llc $52,500
Previous Owner Darden Terry D $31,535
Previous Owner Henry Ii William Petra $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $70,000 +48.9% $39 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $47,000 -- $26 / 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 $599 $15,200 $1,230 $13,970
2023 $646 $14,460 $1,160 $13,300
2022 $648 $14,460 $1,160 $13,300
2021 $686 $14,460 $1,160 $13,300
2020 $717 $13,830 $1,160 $12,670
2019 $717 $13,830 $1,160 $12,670
2018 $709 $13,830 $1,160 $12,670
2017 $719 $13,830 $1,160 $12,670
2016 $729 $13,830 $1,160 $12,670
2015 $743 $13,830 $1,160 $12,670
2014 $777 $14,600 $1,230 $13,370
2013 $776 $14,600 $1,230 $13,370
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    BELINDA TRUESDALE

    Superior Plus Realtors

    (419) 234-7846

    30 Total Sales

    Section Image
  • Jeff Dulmage

    Buyer's Agent in 2020

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    156 Total Sales

    Jeff Dulmage
    Section Image
See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 201869

APN: 37-31-12-05-034.000

Ohio Allen County Lima 45804

524 Prospect Ave, Lima, OH

Homes for Sale in Lima, OH

This home is located at 524 Prospect Ave, Lima, OH 45804 since 16 June 2020 and is currently estimated at $83,000, approximately $46 per square foot. This property was built in 1920. 524 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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