S
Seller's Agent in 2024
Sondra Ambrister
Merritt Real Estate Professionals
(419) 738-1161
44 Total Sales
Estimated Value: $132,707 - $166,000
10
Beds
8
Baths
1,511
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- No HOA
- Forced Air Heating System
- Hot Water Heating System
- Cooling Available
About This Home
As of January 2024Welcome to an exceptional investment opportunity! This investment property is located in a prime location within walking distance from Lima Memorial Hospital and other medical facilities helping to ensure high rental demand!
With the current rental rates, which have adjustment possibilities, and expenses, this property is cash flow positive from day one. Add that it's a possible 6 unit Income property (2 units under renovation) will allow you to increase your rental income even further.
526 S. Shawnee (Unit 1A/1B) is an up and down duplex that rents for $400 and $650/month. Some new paint and toilet. Rear Unit (Unit 1C) was a previous rental and has a new metal roof but is now used for storage. Potential to be 6th unit.
528 S. Shawnee (Unit 2A) is a home that rents for $850/month and has some new paint and flooring. Rear Unit (Unit 2B) is a converted garage that is under renovations with new paint, flooring, shower and most material to complete it. It previously rented for $475 before construction.
530 S. Shawnee (Unit 3) is a single family home that rents for $475.
Don't miss out on this incredible investment opportunity. Call now to schedule a private tour and secure your future financial success!
Last Agent to Sell the Property
Merritt Real Estate Professionals License #2017006104 Listed on: 12/04/2023
Last Buyer's Agent
Merritt Real Estate Professionals License #2017006104 Listed on: 12/04/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,185
Lot Details
- 5,009
Home Design
- Split Level Home
Interior Spaces
- Multi-Level Property
- Crawl Space
Bedrooms and Bathrooms
- 10 Bedrooms
Utilities
- Cooling Available
- Forced Air Heating System
- Hot Water Heating System
Community Details
- No Home Owners Association
- 6 Units
Listing and Financial Details
- Tenant pays for gas, water, cable TV, electricity
- Assessor Parcel Number 37-3211-03-008.000 37-3211-03-007.000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2023
Closed on
Jan 17, 2024
Sold by
Bought by
Seller's Agent
Sondra Ambrister
Merritt Real Estate Professionals
Buyer's Agent
Sondra Ambrister
Merritt Real Estate Professionals
List Price
$217,500
Sold Price
$200,000
Premium/Discount to List
-$17,500
-8.05%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,073
Avg. Annual Appreciation
-11.43%
Purchase Details
Listed on
Dec 22, 2020
Closed on
May 3, 2021
Sold by
Bought by
Seller's Agent
Ryan Place
Merritt Real Estate Professionals
Buyer's Agent
Sondra Ambrister
Merritt Real Estate Professionals
List Price
$124,900
Sold Price
$97,000
Premium/Discount to List
-$27,900
-22.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.74%
Original Mortgage
$96,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 30, 1991
Bought by
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $200,000 | None Listed On Document | ||
| $97,000 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $161,000 | ||
| Previous Owner | $96,000 | ||
| Previous Owner | $136,700 | ||
| Previous Owner | $144,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/17/2024 01/17/24 | Sold | $200,000 | -8.0% | $132 / Sq Ft | |
| 12/27/2023 12/27/23 | Pending | -- | -- | -- | |
| 12/04/2023 12/04/23 | For Sale | $217,500 | 0.0% | $144 / Sq Ft | |
| 11/20/2023 11/20/23 | Pending | -- | -- | -- | |
| 11/09/2023 11/09/23 | Price Changed | $217,500 | -3.7% | $144 / Sq Ft | |
| 09/25/2023 09/25/23 | Price Changed | $225,900 | -4.2% | $150 / Sq Ft | |
| 08/24/2023 08/24/23 | For Sale | $235,900 | +143.2% | $156 / Sq Ft | |
| 05/05/2021 05/05/21 | Sold | $97,000 | -22.3% | $64 / Sq Ft | View Prior Sale |
| 03/09/2021 03/09/21 | Pending | -- | -- | -- | |
| 12/22/2020 12/22/20 | For Sale | $124,900 | -- | $83 / Sq Ft |
Source: West Central Association of REALTORS® (OH)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,300 | $35,210 | $2,590 | $32,620 |
| 2024 | $1,298 | $35,210 | $2,590 | $32,620 |
| 2023 | $1,115 | $24,300 | $1,790 | $22,510 |
| 2022 | $1,044 | $24,300 | $1,790 | $22,510 |
| 2021 | $1,107 | $24,300 | $1,790 | $22,510 |
| 2020 | $1,092 | $21,210 | $840 | $20,370 |
| 2019 | $1,092 | $21,210 | $840 | $20,370 |
| 2018 | $1,080 | $21,210 | $840 | $20,370 |
| 2017 | $914 | $17,470 | $840 | $16,630 |
| 2016 | $926 | $17,470 | $840 | $16,630 |
| 2015 | $951 | $17,470 | $840 | $16,630 |
| 2014 | $951 | $17,680 | $880 | $16,800 |
| 2013 | $1,000 | $19,190 | $880 | $18,310 |
Source: Public Records
Agents Affiliated with this Home
-
Sondra Ambrister
-
Ryan Place
Seller's Agent in 2021
Ryan Place
Merritt Real Estate Professionals
(419) 773-9583
64 Total Sales
Map
Source: West Central Association of REALTORS® (OH)
MLS Number: 301928
APN: 37-32-11-03-008.000
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