$20,000
SOLD AUG 21, 2024

529 Michael Ave Lima, OH 45804

Fifth Ward Neighborhood
3 Beds
1 Bath
1,601 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

32% Below List Price

90 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered patio or porch
  • Shed
  • No HOA
  • Living Room
  • 4-minute walk to Cook Park

About This Home

As of August 2024

Looking to CREATE the perfect home? The Fannie Mae structure lies here in the quiet town of Lima which also offers plenty of recreational activities. At just shy of a quarter acre of land and boasting 1601 square feet this home has plenty of potential! This property is not for the faint of heart as there is plenty of work to be done! If you enjoy the challenge of TRANSFORMATION and bringing an old home back for the FUTURE, then this may be just the project for you!

Last Agent to Sell the Property

Roberta Buzzard, ABR

Sluss Realty Company License #2007003185 Listed on: 04/24/2024

Last Buyer's Agent

Non Member

Non-member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Vinyl Siding

Interior Spaces

  • 1,601 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch
  • Shed

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 47060805021000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Directions: E 4th St and St Johns Ave to Michael Ave in Lima.
  • Architectural Style: Cape Cod
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1920
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Acres: 0.22
  • General Property Info:Lot Size Square Feet: 9583.2
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 47060805021000
  • Tax Info:Tax Annual Amount: 1102.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types:Living Room2: Yes
  • Cooling:None4: Yes
  • General Property Info:Basement YN: Yes
  • Room Types:Dining Room2: Yes
  • Architectural Style:Cape Cod: Yes
  • Levels:One and One Half: Yes
  • Property Condition:Fixer: Yes
  • Other Structures:Shed(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, See Remarks
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: See Remarks
  • Interior Amenities: See Remarks
  • Basement:Partial: Yes
  • Appliances:Gas Water Heater: Yes
  • Dining Room Features:See Remarks7: Yes
  • Interior Features:See Remarks14: Yes
  • Kitchen Features:Other22: Yes
  • Appliances:See Remarks2: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: See Remarks
  • Foundation Details: Other
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Porch
  • Property Condition: Fixer
  • Construction Materials:Vinyl Siding: Yes
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Lot Features:Level: Yes
  • Exterior Features:See Remarks8: Yes

Garage/Parking

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

Utilities

  • Security: See Remarks
  • Cooling: None, See Remarks
  • 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

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 47060805021000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1102.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Aug 23, 2024
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Hernandez Glendy
Seller's Agent
Roberta Buzzard, ABR
Sluss Realty Company
Buyer's Agent
Non Member
Non-member Office
List Price
$29,500
Sold Price
$20,000
Premium/Discount to List
-$9,500
-32.2%
Total Days on Market
90
Views
189
Current Estimated Value
$72,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,462
Avg. Annual Appreciation
380.62%

Purchase Details

Closed on
Oct 18, 2023
Sold by
Young Vera F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 9, 2022
Bought by
Candice D @5 Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
5.89%

Purchase Details

Closed on
Aug 22, 2001
Sold by
Aha Realty Inc
Bought by
Young Vera F

Purchase Details

Closed on
Dec 1, 1983
Bought by
Aha Realty Inc
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
Special Warranty Deed -- Omega Title
Sheriffs Deed $15,999 None Listed On Document
No Value Available -- --
Deed $5,000 --
Deed $11,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Previous Owner $41,250 New Conventional
Previous Owner $44,000 Unknown
Previous Owner $37,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $20,000 +2.6% $12 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $19,500 -33.9% $12 / Sq Ft
04/24/2024 04/24/24 For Sale $29,500 -- $18 / 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 $340 $7,770 $1,750 $6,020
2023 $1,104 $7,420 $1,680 $5,740
2022 $365 $7,420 $1,680 $5,740
2021 $118 $7,420 $1,680 $5,740
2020 $65 $6,870 $1,650 $5,220
2019 $65 $6,870 $1,650 $5,220
2018 $65 $6,870 $1,650 $5,220
2017 $65 $6,870 $1,650 $5,220
2016 $67 $6,870 $1,650 $5,220
2015 $60 $6,870 $1,650 $5,220
2014 $64 $7,460 $1,750 $5,710
2013 $417 $7,460 $1,750 $5,710
Source: Public Records

Agents Affiliated with this Home

  • Roberta Buzzard, ABR

    Seller's Agent in 2024

    Roberta Buzzard, ABR

    Sluss Realty Company

    (419) 631-2732

    1 in this area

    139 Total Sales

    Roberta Buzzard, ABR
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non-member Office

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 303795

APN: 47-06-08-05-021.000

Ohio Allen County Lima 45804 Fifth Ward

529 Michael Ave, Lima, OH

This home is located at 529 Michael Ave, Lima, OH 45804 and is currently priced at $20,000, approximately $12 per square foot. This property was built in 1920. 529 Michael 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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