NOT LISTED FOR SALE

628 E Kibby St Lima, OH 45804

Fifth Ward Neighborhood

Estimated Value: $34,000 - $100,000

9 Beds
3 Baths
2,448 Sq Ft
$30/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $65,000 $27 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $486/month

33 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

As of August 2021

Great East Side Duplex with Tons of Upside!! This well-kept duplex is fully rented with reliable tenants, has convenient off-street parking behind and is located close to food and shopping! The current owner has invested in a new roof, some windows, flooring, tons of plumbing and electrical updates. This investment opportunity also includes a single-family home at the back of the lot. Rehab has been started with a new roof and part of the foundation replaced. This home is ready for you to turn into additional income!

Last Listed By

Jeff Dulmage

Hartsock Realty License #2015002150 Listed on: 07/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1930

Lot Details

  • 8,015

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 9 Bedrooms
  • 2-Story Property

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, sewer, water, electricity
  • Assessor Parcel Number ON FILE

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$896

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Unit Levels: Two
  • Year Built: 1930
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: ON FILE
  • Tax Info:Tax Annual Amount: 896.38
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 3
  • Unit 1 Info Sq Ft: 1224
  • Levels:Two2: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Unit 3 Info:Furnished YN3: No
  • Roof:Asphalt3: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 9

Exterior Features

  • Construction Type: Asphalt
  • Foundation Details: Block
  • Roof: Asphalt
  • Construction Materials:Asphalt: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Off Street
  • Parking Features:None5: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • 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

  • Land Lease: No
  • Parcel #: ON FILE
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Gas, Sewer, Water, Electricity

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 896.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Colvin Brandon E and Colvin Connie
Bought by
Red Carpet Rental Properties Llc
Total Days on Market
33
Current Estimated Value
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$742,980
Interest Rate
3.22%
Mortgage Type
Commercial
Estimated Equity
-$662,647

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 27, 2021
Bought by
Brandon Colvin
Seller's Agent
Jeff Dulmage
Hartsock Realty
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Interest Rate
2.87%

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 30, 2018
Sold by
Cotton Belinda and Armstead Gwendolyn
Bought by
Hall Gregory A
Seller's Agent
Robin Flanagan
Ron Spencer Real Estate
Buyer's Agent
Robin Flanagan
Ron Spencer Real Estate
List Price
$12,500
Sold Price
$12,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.17%

Purchase Details

Closed on
Jan 1, 1990
Bought by
Pendergast Orlena 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
Red Carpet Rental Properties Llc -- Daley Douglas A
Brandon Colvin $65,000 --
Hall Gregory A $12,500 None Available
Pendergast Orlena E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Red Carpet Rental Properties Llc $840,000
Previous Owner Brandon Colvin --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $65,000 -18.6% $27 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $79,900 +539.2% $33 / Sq Ft
03/30/2018 03/30/18 Sold $12,500 0.0% $5 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $12,500 -- $5 / 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 $887 $19,500 $1,260 $18,240
2023 $943 $18,550 $1,190 $17,360
2022 $942 $18,550 $1,190 $17,360
2021 $990 $18,550 $1,190 $17,360
2020 $898 $14,530 $1,190 $13,340
2019 $898 $14,530 $1,190 $13,340
2018 $895 $14,530 $1,190 $13,340
2017 $900 $14,530 $1,190 $13,340
2016 $911 $14,530 $1,190 $13,340
2015 $1,137 $14,530 $1,190 $13,340
2014 $1,137 $15,960 $1,260 $14,700
2013 $1,121 $15,960 $1,260 $14,700
Source: Public Records

Agents Affiliated with this Home

  • Jeff Dulmage

    Seller's Agent in 2021

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    8 in this area

    155 Total Sales

    Jeff Dulmage
    Section Image

  • R

    Seller's Agent in 2018

    Robin Flanagan

    Ron Spencer Real Estate

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 205827

APN: 47-06-05-03-012.000

Ohio Allen County Lima 45804 Fifth Ward

628 E Kibby St, Lima, OH

Homes for Sale in Lima, OH

This home is located at 628 E Kibby St, Lima, OH 45804 since 21 July 2021 and is currently estimated at $74,000, approximately $30 per square foot. This property was built in 1930. 628 E Kibby 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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