NOT LISTED FOR SALE

551 S Scott St Lima, OH 45804

Estimated Value: $63,352 - $388,000

3 Beds
1.5 Baths
1,248 Sq Ft
$119/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $25,236 $20 Per Sq Ft

Est. 487% increase in value since last sale

Current estimated payment $864/month

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 $425/month

Last Listed By

Tim Stanford

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 41x100

Interior Spaces

  • 1,248 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

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 37-3112-07-010.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$603

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 41x100
  • Unit Levels: Two
  • Year Built: 1920
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Bathrooms Half: 1
  • General Property Info:Fireplace YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 37-3112-07-010.000
  • Tax Info:Tax Annual Amount: 602.9
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: 41x100
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • 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 #: 37-3112-07-010.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 602.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Hero Homes Jv 1 Arbor Llc
Bought by
Walker & Wall Real Estate Llc
Total Days on Market
195
Current Estimated Value
$148,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,482
Outstanding Balance
$482,532
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$334,444

Purchase Details

Closed on
Aug 21, 1992
Bought by
Dickason Oren E

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
Walker & Wall Real Estate Llc $407,100 None Listed On Document
Dickason Oren E $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker & Wall Real Estate Llc $485,482
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $25,236 -36.8% $20 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
06/23/2021 06/23/21 For Sale $39,900 -- $32 / 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 $517 $12,850 $810 $12,040
2023 $558 $12,250 $770 $11,480
2022 $610 $12,250 $770 $11,480
2021 $591 $12,250 $770 $11,480
2020 $604 $11,130 $770 $10,360
2019 $604 $11,130 $770 $10,360
2018 $631 $11,730 $770 $10,960
2017 $635 $11,730 $770 $10,960
2016 $644 $11,730 $770 $10,960
2015 $674 $11,730 $770 $10,960
2014 $674 $12,150 $810 $11,340
2013 $656 $12,150 $810 $11,340
Source: Public Records

Agents Affiliated with this Home

  • Tim Stanford

    Seller's Agent in 2022

    Tim Stanford

    Superior Plus Realtors

    (419) 230-2421

    178 Total Sales

    Tim Stanford
    Section Image
  • Eric Schomber

    Buyer's Agent in 2022

    Eric Schomber

    Exp Realty

    (866) 212-4991

    218 Total Sales

    Eric Schomber
    Section Image
See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 205430

APN: 37-31-12-07-010.000

Ohio Allen County Lima 45804

551 S Scott St, Lima, OH

Homes for Sale in Lima, OH

This home is located at 551 S Scott St, Lima, OH 45804 since 23 June 2021 and is currently estimated at $148,088, approximately $118 per square foot. This property was built in 1920. 551 S Scott St 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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