NOT LISTED FOR SALE

541 N Elizabeth St Lima, OH 45801

Estimated Value: $88,431

2 Beds
2 Baths
1,714 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $66,500 $39 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $566/month

38 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Baseboard Heating
  • Porch
  • Forced Air Heating System

About This Home

As of August 2022

Duplex in Lima, Well maintained property, Both units rented month to month. Tenants pay own utilities except water is paid by the owner. Upstairs unit has luxury vinyl in entire upstairs. Added off street parking to the rear of the house Water heater and updated furnace for downstairs unit in 2017. Upstairs refrigerator and stove included, Downstairs stove and wall a/c unit included(tenant owns the refrigerator),Stove & Refrigerator-Some Units

Last Listed By

Dawn Iiames

CCR Realtors License #2015005355 Listed on: 06/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1920

Lot Details

  • 6,970

Parking

  • Off-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2 Bedrooms
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity, grounds care, snow removal
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 37-3011-05-026.001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Maintenance Expense $1,000
  • Water Sewer Expense $130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$884

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .16
  • Unit Levels: Two
  • Year Built: 1920
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 37-3011-05-026.001
  • Tax Info:Tax Annual Amount: 884.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: .16
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Unit 1 Info Sq Ft: 1025
  • Cooling:Window Unit(s): Yes
  • Levels:Two2: Yes
  • Financial Details:Maintenance Expense: 1000.0
  • Financial Details:Water Sewer Expense: 130.0
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Location Property Info:Lease Term3: Month To Month
  • Roof:Asphalt3: Yes
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Trash Collection, Water
  • Has Basement: Full
  • Total Bedrooms: 2
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Full Basement: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 1 Features:Porch2: Yes

Exterior Features

  • Construction Type: Asbestos
  • Roof: Asphalt
  • Construction Materials:Asbestos: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Off Street
  • Parking Features:Other20: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Fee Information

  • Annual Water Sewer Expense: 130.0

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Parcel #: 37-3011-05-026.001
  • Zoning Description: Residential

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Gas, Cable TV, Electricity, Grounds Care, Snow Removal

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 880.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 8780.0
  • Annual Operating Expense: 4300.0

Tax Info

  • New Taxes Expense: 884.0
  • Tax Annual Amount: 884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2022
Closed on
Aug 8, 2022
Sold by
Myers Jamie M and Myers Garrett
Bought by
Blue Chip Housing Llc
Seller's Agent
Dawn Iiames
CCR Realtors
Buyer's Agent
Tug Taviano
CCR Realtors
List Price
$69,000
Sold Price
$66,500
Premium/Discount to List
-$2,500
-3.62%
Total Days on Market
38
Current Estimated Value
$88,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,931
Avg. Annual Appreciation
10.19%
Original Mortgage
$53,200
Outstanding Balance
$51,368
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$35,558

Purchase Details

Listed on
May 14, 2013
Closed on
Sep 11, 2013
Sold by
Cain Patricia K and Evers Family Trust
Bought by
Myers Jamie M
Seller's Agent
Mary Jo Rupert
M. J. Rupert Realty
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%

Range of Values:

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Average Value
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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
Blue Chip Housing Llc $66,500 Daley Douglas A
Myers Jamie M $26,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Chip Housing Llc $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $66,500 -3.6% $39 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
06/26/2022 06/26/22 For Sale $69,000 +165.4% $40 / Sq Ft
09/11/2013 09/11/13 Sold $26,000 0.0% $15 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $26,000 -- $15 / 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 $912 $24,160 $3,190 $20,970
2023 $880 $19,040 $2,520 $16,520
2022 $832 $19,040 $2,520 $16,520
2021 $882 $19,040 $2,520 $16,520
2020 $902 $17,290 $2,450 $14,840
2019 $902 $17,290 $2,450 $14,840
2018 $893 $17,290 $2,450 $14,840
2017 $905 $17,290 $2,450 $14,840
2016 $918 $17,290 $2,450 $14,840
2015 $1,002 $17,290 $2,450 $14,840
2014 $1,002 $18,700 $2,420 $16,280
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dawn Iiames

    CCR Realtors

    (567) 204-2996

    382 Total Sales

    Dawn Iiames
    Section Image

  • T

    Buyer's Agent in 2022

    Tug Taviano

    CCR Realtors

    (419) 236-3107

    188 Total Sales

    Tug Taviano
    Section Image

  • M

    Seller's Agent in 2013

    Mary Jo Rupert

    M. J. Rupert Realty

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 209918

APN: 37-30-11-05-026.001

Ohio Allen County Lima 45801

541 N Elizabeth St, Lima, OH

Homes for Sale in Lima, OH

This home is located at 541 N Elizabeth St, Lima, OH 45801 since 26 June 2022 and is currently priced at $88,431, approximately $51 per square foot. This property was built in 1920. 541 N Elizabeth St is a home located in Allen County with nearby schools including Independence Elementary School, Lima North Middle School, and Lima West Middle School.

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