NOT LISTED FOR SALE

616 1/2 N Elizabeth St Lima, OH 45801

Estimated Value: $80,000 - $109,177

3 Beds
2 Baths
1,826 Sq Ft
$50/Sq Ft Est. Value

Last Sold June 19, 2018

Last sale price $45,000 $25 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $586/month

15 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Window Unit Cooling System

About This Home

As of June 2018

Well maintained Muti- Unit home with Detached 2 car garage with electric. This north end property is currently rented income producing numbers,both tenants would like too continue there occupancy. Each unit has Separate Utilities except Water. New gas lines,sewer lines and Water lines, 2017. stove/ovens, refrigerator, and washer/Dryer hook-up.. updated roof,vinyl sided, flooring interior walls and kitchen freshly painted. A great opportunity for an owner too live in home and make money plus make your payment on the mortgage. Don't Delay Call today!!,Stove & Refrigerator-Some Units

Last Listed By

Tina Pearson

Choice Properties Real Estate, Inc. License #2004002212 Listed on: 05/27/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1920

Lot Details

  • 9,104

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Oven
  • Range

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, cable TV, electricity
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 37-3010-09-020.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,044

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: ,21
  • Unit Levels: Two
  • Year Built: 1920
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 37-3010-09-020.000
  • Tax Info:Tax Annual Amount: 1044.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: ,21
  • General Property Info:Land Lease YN: No
  • Utilities:Cable Available: Yes
  • General Property Info:_pound_ Of Units Total: 2
  • Unit 1 Info Sq Ft: 1122
  • Cooling:Window Unit(s): Yes
  • Levels:Two2: Yes
  • Sewer:Private Sewer: Yes
  • 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: Other
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Unit 1 Features:Smoke Detector(s)2: Yes
  • Unit 2 Features:Smoke Detector(s)3: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Trash Collection, Water
  • Has Basement: Full
  • Total Bedrooms: 3
  • Unit 1 Features:Range2: Yes
  • Unit 2 Features:Range3: Yes
  • Full Basement: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio Porch Features:Porch: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Varies by Unit
  • Parking Features:Detached: Yes
  • Parking Features:Varies by Unit2: Yes
  • Unit 1 Info:Parking Total3: 2
  • Unit 2 Info:Parking Total4: 2

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • Utilities: Cable Available
  • 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

  • Land Lease: No
  • Parcel #: 37-3010-09-020.000

Rental Info

  • Lease Term: Other
  • Tenant Pays: Gas, Cable TV, Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 1046.0
  • Tax Annual Amount: 1044.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Burke Mark Vincent
Bought by
Elizabeth Reed Realty Llc
Total Days on Market
15
Current Estimated Value
$91,544

Purchase Details

Closed on
Sep 3, 2021
Sold by
Smith Michael J
Bought by
Burke Mark Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2019
Sold by
Aej Elite Properties Llc
Bought by
Smith Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2018
Closed on
Jun 19, 2018
Sold by
Lamb Frederick A and Lamb Gina R
Bought by
Aej Elite Properties Llc
Seller's Agent
Tina Pearson
Choice Properties Real Estate, Inc.
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jun 24, 1992
Bought by
Lamb Frederick A and Lamb Gina R

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
Elizabeth Reed Realty Llc -- None Available
Burke Mark Vincent $148,000 None Available
Smith Michael J $105,000 None Available
Aej Elite Properties Llc $45,000 None Available
Lamb Frederick A $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Mark Vincent $55,500
Previous Owner Smith Michael J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2018 06/19/18 Sold $45,000 0.0% $25 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/27/2018 05/27/18 For Sale $45,000 -- $25 / 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
2023 $946 $21,980 $2,730 $19,250
2022 $951 $21,980 $2,730 $19,250
2021 $1,008 $21,980 $2,730 $19,250
2020 $1,042 $20,170 $2,630 $17,540
2019 $1,042 $20,170 $2,630 $17,540
2018 $1,031 $20,170 $2,630 $17,540
2017 $1,046 $20,170 $2,630 $17,540
2016 $1,059 $20,170 $2,630 $17,540
2015 $1,106 $20,170 $2,630 $17,540
2014 $1,106 $20,760 $2,590 $18,170
2013 $1,077 $20,760 $2,590 $18,170
Source: Public Records

Agents Affiliated with this Home

  • Tina Pearson

    Seller's Agent in 2018

    Tina Pearson

    Choice Properties Real Estate, Inc.

    (419) 905-5332

    218 Total Sales

    Tina Pearson
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 108959

APN: 37-30-10-09-020.000

Ohio Allen County Lima 45801

616 1/2 N Elizabeth St, Lima, OH

Homes for Sale in Lima, OH

This home is located at 616 1/2 N Elizabeth St, Lima, OH 45801 since 27 May 2018 and is currently estimated at $91,544, approximately $50 per square foot. This property was built in 1920. 616 1/2 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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