NOT LISTED FOR SALE

701 W Wayne St Lima, OH 45801

Central Lima Neighborhood

Estimated Value: $104,000 - $115,000

4 Beds
3 Baths
2,120 Sq Ft
$52/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $105,000 $50 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $718/month

178 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

If you're looking for an investment opportunity that will pay dividends, look no further than 701/703 W. Wayne. With its corner location, this duplex offers huge potential for consistent rental income. Each of the two units has been updated, providing a stylish and comfortable living space that is perfect for any tenant. Take advantage of this fantastic opportunity today!

Last Agent to Sell the Property

Nicholas Sanchez

CCR Realtors License #2014004076 Listed on: 04/11/2024

Last Buyer's Agent

JOSHUA MANGINI

Superior Plus Realtors License #2021000057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,319

Year Built

  • Built in 1911

Lot Details

  • 3,615

Parking

  • Parking Pad

Home Design

  • Block Foundation

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Covered patio or porch
  • Property is zoned Multi-Family
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36-3605-08-001.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,319

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Architectural Style: 2 Story
  • Year Built: 1911
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-3605-08-001.000
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Basement YN: Yes
  • Foundation:Block2: Yes
  • Architectural Style:_two_ Story: Yes
  • Special Features: None

Interior Features

  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Basement:Unfinished: Yes
  • Full Basement: Yes

Exterior Features

  • Foundation Details: Block
  • Patio And Porch Features: Covered
  • Patio Porch Features:Covered: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad
  • Parking Features:Parking Pad: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Parcel #: 36-3605-08-001.000
  • Zoning Description: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 14, 2024
Sold by
419 Property Holding Llc
Bought by
Herrera Mangini Casa Investments Llc
Seller's Agent
Nicholas Sanchez
CCR Realtors
Buyer's Agent
JOSHUA MANGINI
Superior Plus Realtors
List Price
$119,999
Sold Price
$105,000
Premium/Discount to List
-$14,999
-12.5%
Views
19
Current Estimated Value
$109,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,545
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Mar 7, 2023
Sold by
Intelligent Rental Solutions Llc
Bought by
419 Property Holding Llc

Purchase Details

Closed on
Sep 21, 2018
Sold by
Murphy Joshua D
Bought by
Intelligent Rental Solutions Llc

Purchase Details

Closed on
Aug 25, 2016
Sold by
Bowman Colby D and Bowman Lana J
Bought by
Murphy Joshua D

Purchase Details

Closed on
Dec 17, 2014
Sold by
Bowman Colby D and Bowman Lana J
Bought by
Murphy Joshua D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.99%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Feb 4, 2011
Sold by
Sandlin Douglas J and Sandlin Darlene S
Bought by
Bowman Colby D and Bowman Lana J

Purchase Details

Closed on
Oct 14, 1994
Sold by
Schwier George
Bought by
Michael Rick and Sandlin Douglas

Purchase Details

Closed on
Feb 1, 1983
Bought by
Schwier George R
Source: Public Records

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Range of Values:

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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
Herrera Mangini Casa Investments Llc $105,000 None Listed On Document
419 Property Holding Llc $45,000 --
Intelligent Rental Solutions Llc -- None Available
Murphy Joshua D $11,600 None Available
Murphy Joshua D -- None Available
Bowman Colby D $2,000 Attorney
Michael Rick $14,000 --
Schwier George R $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Joshua D $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $105,000 -8.7% $50 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $114,999 -4.2% $54 / Sq Ft
04/11/2024 04/11/24 For Sale $119,999 +14.3% $57 / Sq Ft
04/07/2024 04/07/24 Off Market $105,000 -- --
03/08/2024 03/08/24 Price Changed $119,999 -7.6% $57 / Sq Ft
02/05/2024 02/05/24 Price Changed $129,900 -13.4% $61 / Sq Ft
10/19/2023 10/19/23 For Sale $150,000 -- $71 / 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 $1,319 $35,810 $1,680 $34,130
2023 $815 $12,950 $1,610 $11,340
2022 $1,964 $12,950 $1,610 $11,340
2021 $621 $12,950 $1,610 $11,340
2020 $636 $11,800 $1,540 $10,260
2019 $636 $11,800 $1,540 $10,260
2018 $630 $11,800 $1,540 $10,260
2017 $638 $11,800 $1,540 $10,260
2016 $647 $11,800 $1,540 $10,260
2015 $268 $4,100 $1,540 $2,560
2014 $310 $4,910 $1,580 $3,330
2013 $303 $4,910 $1,580 $3,330
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nicholas Sanchez

    CCR Realtors

    (419) 230-0084

    1 in this area

    32 Total Sales

    Nicholas Sanchez
    Section Image
  • JOSHUA MANGINI

    Buyer's Agent in 2024

    JOSHUA MANGINI

    Superior Plus Realtors

    (419) 303-1761

    1 in this area

    55 Total Sales

    JOSHUA MANGINI
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 302373

APN: 36-36-05-08-001.000

Ohio Allen County Lima 45801 Central Lima

701 W Wayne St, Lima, OH

This home is located at 701 W Wayne St, Lima, OH 45801 since 11 April 2024 and is currently estimated at $109,545, approximately $51 per square foot. This property was built in 1911. 701 W Wayne St is a home located in Allen County with nearby schools including Heritage Elementary School, Lima North Middle School, and Lima West Middle School.

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