NOT LISTED FOR SALE

715 Madison Ave Lima, OH 45804

Fifth Ward Neighborhood

Estimated Value: $64,000 - $79,000

3 Beds
3 Baths
1,738 Sq Ft
$43/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $70,000 $40 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $437/month

About This Home

As of July 2024

Triplex investment opportunity! Immediate cash-flow! This is a 3 unit building, each unit has: 1 bedroom, 1 bathroom, laundry hookups, separately metered electric and separately metered gas. The two first floor units rent for $500/month and the upstairs unit rents for $400/month. Tenants are responsible for electric and gas. Landlord pays water, sewer and trash. Don't miss out on this opportunity.

Last Agent to Sell the Property

Seth Ciminillo

Hartsock Realty License #2021005268 Listed on: 06/19/2024

Co-Listed By

Jeff Dulmage

Hartsock Realty License #2015002150

Last Buyer's Agent

Jeff Dulmage

Hartsock Realty License #2015002150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1920

Lot Details

  • 8,233

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,738 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 47-0605-06-018.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$528

Year Built

Built in 1920

Lot Details

8,233 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .189
  • Co List Office Mls Id: wca.o668000057
  • Co List Office Phone: 419-222-0447
  • Architectural Style: Other
  • Unit Levels: Two
  • Year Built: 1920
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 47-0605-06-018.000
  • Tax Info:Tax Annual Amount: 528.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Basement YN: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: .189
  • General Property Info:_pound_ Of Units Total: 3
  • Levels:Two2: Yes
  • Roof:Asphalt3: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Trash Collection, Water
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Basement:Partial: Yes
  • Unit 1 Features:Dryer Hookup: Yes
  • Unit 1 Features:Washer Hookup: Yes
  • Unit 2 Features:Dryer Hookup2: Yes
  • Unit 2 Features:Washer Hookup2: Yes
  • Unit 3 Features:Dryer Hookup3: Yes
  • Unit 3 Features:Washer Hookup3: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Parcel #: 47-0605-06-018.000
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 528.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 29, 2024
Sold by
Keeping The Nest Llc
Bought by
Schweitzer Douglas A and Schweitzer Lori R
Seller's Agent
Seth Ciminillo
Hartsock Realty
Buyer's Agent
Jeff Dulmage
Hartsock Realty
List Price
$60,000
Sold Price
$70,000
Premium/Discount to List
$10,000
16.67%
Views
7
Current Estimated Value
$74,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,096
Avg. Annual Appreciation
3.51%
Original Mortgage
$52,500
Outstanding Balance
$51,135
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
Estimated Equity
$22,961

Purchase Details

Closed on
Sep 3, 2013
Sold by
Sielschott Katherine E and Sielschott Katherine
Bought by
Keeping The Nest Llc

Purchase Details

Listed on
Jul 28, 2012
Closed on
May 7, 2013
Sold by
Neth Properties Llc
Bought by
Sielschott Katherine
Seller's Agent
Stephen Uncapher
CCR Realtors
Buyer's Agent
Devin Dye
Ron Spencer Real Estate
List Price
$19,000
Sold Price
$19,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%

Purchase Details

Listed on
May 21, 2012
Closed on
Jun 8, 2012
Sold by
Morlock D Michelle and Morlock Lester J
Bought by
Neth Properties Llc
Seller's Agent
Non Member
Non-member Office
Buyer's Agent
Stephen Uncapher
CCR Realtors
List Price
$11,500
Sold Price
$11,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.63%

Purchase Details

Closed on
Dec 29, 2011
Sold by
Campbell Jason L
Bought by
Morlock D Michelle and Foust Shanda D

Purchase Details

Closed on
Nov 29, 2011
Sold by
Estate Of Conrad L Campbell
Bought by
Campbell Jason L

Purchase Details

Closed on
Oct 1, 1979
Bought by
Campbell Conrad L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schweitzer Douglas A $70,000 None Listed On Document
Keeping The Nest Llc -- None Available
Sielschott Katherine $19,000 None Available
Neth Properties Llc $11,500 Attorney
Morlock D Michelle $7,333 Attorney
Campbell Jason L -- None Available
Campbell Conrad L $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schweitzer Douglas A $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2024 07/29/24 Sold $70,000 +16.7% $40 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $60,000 +215.8% $35 / Sq Ft
05/09/2013 05/09/13 Sold $19,000 0.0% $11 / Sq Ft View Prior Sale
04/23/2013 04/23/13 Pending -- -- --
07/28/2012 07/28/12 For Sale $19,000 +65.2% $11 / Sq Ft
06/11/2012 06/11/12 Sold $11,500 0.0% $7 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $11,500 -- $7 / Sq Ft
Source: West Central Association of REALTORS® (OH)

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 $491 $12,110 $1,330 $10,780
2023 $529 $11,520 $1,260 $10,260
2022 $530 $11,520 $1,260 $10,260
2021 $560 $11,520 $1,260 $10,260
2020 $509 $9,180 $1,230 $7,950
2019 $509 $9,180 $1,230 $7,950
2018 $504 $9,180 $1,230 $7,950
2017 $511 $9,180 $1,230 $7,950
2016 $518 $9,180 $1,230 $7,950
2015 $568 $9,180 $1,230 $7,950
2014 $568 $10,050 $1,300 $8,750
2013 $554 $10,050 $1,300 $8,750
Source: Public Records

Agents Affiliated with this Home

  • Seth Ciminillo

    Seller's Agent in 2024

    Seth Ciminillo

    Hartsock Realty

    (419) 302-2159

    7 in this area

    176 Total Sales

    Seth Ciminillo
    Section Image
  • Jeff Dulmage

    Seller Co-Listing Agent in 2024

    Jeff Dulmage

    Hartsock Realty

    (419) 204-4668

    5 in this area

    105 Total Sales

    Jeff Dulmage
    Section Image

  • S

    Seller's Agent in 2013

    Stephen Uncapher

    CCR Realtors

  • D

    Buyer's Agent in 2013

    Devin Dye

    Ron Spencer Real Estate

  • N

    Seller's Agent in 2012

    Non Member

    Non-member Office

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 304300

APN: 47-06-05-06-018.000

Ohio Allen County Lima 45804 Fifth Ward

715 Madison Ave, Lima, OH

Not Listed for Sale

MultiFamily

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