$60,000
SOLD JUL 9, 2025

568 W Spring St Lima, OH 45801

Riverside North Neighborhood
4 Beds
2.5 Baths
2,088 Sq Ft
0.32 Acres

Recently Sold

$29 Per Sq Ft

8% Below List Price

10 Days on Market

About This Home

As of July 2025

Great investment opportunity! This spacious 4-bedroom, 2.5-bathroom home offers 2,088 square feet of living space and is currently being used as a single-family rental with a long-term tenant in place.Originally a duplex, the property has been converted to a single-family layout, offering a unique and flexible floor plan with plenty of room throughout. A basement provides additional storage, and the property is located close to schools, parks, and downtown Lima.Whether you're looking to expand your rental portfolio, starting your investing journey, or are a handy homebuyer looking for a property with great potential, this property offers steady income and solid potential!

Last Agent to Sell the Property

CJ Steinke

Merritt Real Estate Professionals License #2016005103 Listed on: 06/17/2025

Last Buyer's Agent

JOHN DOE (NON-WRIST MEMBER)

WR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,272

Year Built

  • Built in 1920

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Block Basement Construction
  • Crawl Space

Additional Features

  • 0.32 Acre Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36360808017000
  • $675 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,272

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Level Style: Two
  • Semi-Annual Tax: 636.00
  • Year Built: 1920
  • Listing Cond: No
  • Listing I D: 1039410
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Basement: Block, Unfinished, Crawl Space
  • Price/ Sq Ft: 31.13
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Square Footage: 2088.00

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage: No Garage

Utilities

  • Heating System: Forced Air
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Lot Info

  • Acres: 0.32
  • Lot Dimensions: Irregular
  • Land Info: Residential Lot
  • Parcel Id Number: 36360808017000

Tax Info

  • Tax Year: 2024

MLS Schools

  • School District: 0206 Lima CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2025
Closed on
Jul 8, 2025
Sold by
Investment Property Associates Llc
Bought by
Doyle Candyce
Seller's Agent
CJ Steinke
Merritt Real Estate Professionals
Buyer's Agent
JOHN DOE (NON-WRIST MEMBER)
WR
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Views
29
Current Estimated Value
$60,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
Nov 22, 2022
Bought by
Investment Property

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
6.61%

Purchase Details

Closed on
Feb 20, 1992
Bought by
Zink Brett
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $60,000 None Listed On Document
Deed $153,000 --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2025 07/09/25 Sold $60,000 -7.7% $29 / Sq Ft
06/27/2025 06/27/25 Pending -- -- --
06/17/2025 06/17/25 For Sale $65,000 -- $31 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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 $1,271 $23,660 $12,530 $11,130
2023 $1,258 $21,500 $11,380 $10,120
2022 $1,252 $21,500 $11,380 $10,120
2021 $1,309 $21,500 $11,380 $10,120
2020 $1,240 $18,590 $11,380 $7,210
2019 $1,240 $18,590 $11,380 $7,210
2018 $1,228 $18,590 $11,380 $7,210
2017 $1,217 $18,590 $11,380 $7,210
2016 $1,191 $17,820 $10,610 $7,210
2015 $1,042 $17,820 $10,610 $7,210
2014 $1,042 $15,230 $7,180 $8,050
2013 $1,012 $15,230 $7,180 $8,050
Source: Public Records

Agents Affiliated with this Home

  • CJ Steinke

    Seller's Agent in 2025

    CJ Steinke

    Merritt Real Estate Professionals

    (567) 356-7896

    2 in this area

    60 Total Sales

    CJ Steinke
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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1039410

Western Regional Information Systems & Technology (WRIST)

APN: 36-36-08-08-017.000

Ohio Allen County Lima 45801 Riverside North

568 W Spring St, Lima, OH

Sold

Detached

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