NOT LISTED FOR SALE

637 E 3rd St Lima, OH 45804

Southside Lima Neighborhood

Estimated Value: $42,000 - $60,000

3 Beds
1 Bath
979 Sq Ft
$52/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $20,000 $20 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $305/month

306 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System

About This Home

As of May 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 $360/month

Last Agent to Sell the Property

Tim Stanford

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

Last Buyer's Agent

Tim Stanford

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 48x140

Home Design

  • 979 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

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 47-0609-17-024.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$468

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 48x140
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1941
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Fireplace YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 47-0609-17-024.000
  • Tax Info:Tax Annual Amount: 467.94
  • Architectural Style:Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: 48x140
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full 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 #: 47-0609-17-024.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 467.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Double Up Lima Llc
Bought by
Lima 315 Llc
Current Estimated Value
$50,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,953,750
Outstanding Balance
$1,938,614
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,887,671

Purchase Details

Closed on
Aug 19, 2024
Sold by
Blass Holding Llc
Bought by
Double Up Lima Llc

Purchase Details

Listed on
Jun 23, 2021
Closed on
May 16, 2022
Sold by
Lepiota Rentals Ltd
Bought by
Blass Holding Llc
Seller's Agent
Tim Stanford
Superior Plus Realtors
Buyer's Agent
Tim Stanford
Superior Plus Realtors
List Price
$35,900
Sold Price
$20,000
Premium/Discount to List
-$15,900
-44.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.33%

Purchase Details

Closed on
Sep 22, 2005
Sold by
Hines Ananias T and Williams Dorothy M
Bought by
Lepiota Rentals Ltd

Purchase Details

Closed on
Apr 10, 1987
Bought by
Hines Ananies T
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 Buyer Sale Price Title Company
Lima 315 Llc $275,000 None Listed On Document
Double Up Lima Llc $475,000 None Listed On Document
Blass Holding Llc $20,000 Daley Douglas A
Lepiota Rentals Ltd $17,500 None Available
Hines Ananies T $10,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lima 315 Llc $1,953,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $20,000 -44.3% $20 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
06/23/2021 06/23/21 For Sale $35,900 -- $37 / 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 $432 $10,400 $1,160 $9,240
2023 $463 $9,880 $1,090 $8,790
2022 $464 $9,880 $1,090 $8,790
2021 $490 $9,880 $1,090 $8,790
2020 $469 $8,340 $1,090 $7,250
2019 $469 $8,340 $1,090 $7,250
2018 $464 $8,340 $1,090 $7,250
2017 $470 $8,340 $1,090 $7,250
2016 $477 $8,340 $1,090 $7,250
2015 $538 $8,340 $1,090 $7,250
2014 $538 $9,450 $1,120 $8,330
2013 $525 $9,450 $1,120 $8,330
Source: Public Records

Agents Affiliated with this Home

  • Tim Stanford

    Seller's Agent in 2022

    Tim Stanford

    Superior Plus Realtors

    (419) 230-2421

    4 in this area

    180 Total Sales

    Tim Stanford
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 205456

APN: 47-06-09-17-024.000

Ohio Allen County Lima 45804 Southside Lima

637 E 3rd St, Lima, OH

Not Listed for Sale

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