Estimated Value: $101,000 - $127,783
3
Beds
1
Bath
1,540
Sq Ft
$72/Sq Ft
Est. Value
About This Home
This home is located at 707 E Michigan Ave, Lima, OH 45801 and is currently estimated at $110,446, approximately $71 per square foot. 707 E Michigan Ave is a home located in Allen County with nearby schools including Bath Elementary School, Bath Middle School, and Bath High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2024
Sold by
Mayer Gregory and Overholt-Mayer Kristine
Bought by
Galbraith Spencer Allen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Outstanding Balance
$74,353
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$31,872
Purchase Details
Closed on
Jun 19, 2017
Sold by
Cole J Renae
Bought by
Mayer Gregory and Mayer Kristine Overholt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,523
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 21, 2010
Sold by
Mayer Ronald L
Bought by
Cole J Renae
Purchase Details
Closed on
Sep 18, 1998
Sold by
Speck Julie
Bought by
Mayer Ronald and Mayer Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,395
Interest Rate
7.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 1984
Bought by
Speck Julie A
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Galbraith Spencer Allen | $90,000 | None Listed On Document | |
Mayer Gregory | $62,000 | None Available | |
Cole J Renae | $55,000 | Attorney | |
Mayer Ronald | $34,000 | -- | |
Speck Julie A | $30,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Galbraith Spencer Allen | $75,000 | |
Previous Owner | Mayer Gregory | $59,523 | |
Previous Owner | Mayer Ronald | $34,395 |
Source: Public Records
Tax History Compared to Growth
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 | $1,134 | $25,270 | $1,960 | $23,310 |
2023 | $1,020 | $21,990 | $1,860 | $20,130 |
2022 | $1,022 | $21,990 | $1,860 | $20,130 |
2021 | $1,007 | $21,990 | $1,860 | $20,130 |
2020 | $1,015 | $19,950 | $1,750 | $18,200 |
2019 | $1,015 | $19,950 | $1,750 | $18,200 |
2018 | $996 | $19,950 | $1,750 | $18,200 |
2017 | $918 | $18,410 | $1,750 | $16,660 |
2016 | $907 | $18,410 | $1,750 | $16,660 |
2015 | $750 | $18,410 | $1,750 | $16,660 |
2014 | $750 | $14,600 | $1,750 | $12,850 |
2013 | $750 | $14,600 | $1,750 | $12,850 |
Source: Public Records
Map
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