NOT LISTED FOR SALE

7300 Hofferbert Rd Lima, OH 45807

Estimated Value: $265,000 - $472,585

4 Beds
2 Baths
1,604 Sq Ft
$241/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $32,000 $20 Per Sq Ft

Est. 1,107% increase in value since last sale

Current estimated payment $2,562/month

Highlights

  • Barn
  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Eat-In Kitchen

About This Home

As of January 2017

This property is now under auction terms. All offers to include pre-auction offers must be submitted via the web site at www.hudsonandmarshall.com. This property is subject to a 5% or $2000 minimum buyer+s premium pursuant to the Auction Terms & Conditions. The cooperating broker must be registered with HUD and have an active NAID number. There is not a set minimum starting bid. Properties designated as Absolute will be sold on regardless of the bid price; all others not designated Absolute will be sold with a reserve.+

Last Agent to Sell the Property

Dawn Arheit

Busy B Realty License #2006001743 Listed on: 01/23/2017

Last Buyer's Agent

Lori Page

Cowan, Realtors License #0000418543

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 3.32

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-3000-02-003.000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 3.32
  • Unit Levels: Two
  • Year Built: 1920
  • 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_: 27-3000-02-003.000
  • Tax Info:Tax Annual Amount: 1335.76
  • Cooling:Central Air: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 3.32
  • Special Listing Conditions:Real Estate Owned: Yes
  • Water Source:Well: Yes
  • Levels:Two2: Yes
  • Other Structures:Barn(s): Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Dining Room Features:Eat-in Kitchen: Yes
  • Dining Room Features:Formal: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Barn(s)
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, See Remarks
  • Parking Features:Other20: Yes
  • Parking Features:See Remarks13: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Bath

Lot Info

  • Parcel #: 27-3000-02-003.000
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1335.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jan 26, 2017
Sold by
The Secretary Of Hsng & Urban Developmen
Bought by
Reese Robert A and Reese Melanie L
Seller's Agent
Dawn Arheit
Busy B Realty
Buyer's Agent
Lori Page
Cowan, Realtors
List Price
$56,700
Sold Price
$32,000
Premium/Discount to List
-$24,700
-43.56%
Current Estimated Value
$386,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,396
Avg. Annual Appreciation
32.67%
Original Mortgage
$176,870
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2014
Sold by
Sneary Eric and Sneary Eric M
Bought by
Midfirst Bank

Purchase Details

Closed on
Feb 3, 2014
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 19, 1990
Bought by
Sneary Steven L
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
Reese Robert A $32,000 None Available
Midfirst Bank $129,504 None Available
Secretary Of Housing & Urban Development -- None Available
Sneary Steven L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Robert A $60,000
Open Reese Robert A $208,000
Closed Reese Robert A $189,000
Closed Reese Robert A $176,870
Previous Owner Sneary Eric M $120,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $32,000 -43.6% $20 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $56,700 -- $35 / 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 $5,261 $130,200 $14,700 $115,500
2023 $4,738 $106,720 $12,040 $94,680
2022 $4,049 $90,300 $12,040 $78,260
2021 $4,075 $90,300 $12,040 $78,260
2020 $2,963 $71,050 $11,690 $59,360
2019 $2,963 $60,270 $11,690 $48,580
2018 $1,390 $29,610 $11,690 $17,920
2017 $1,353 $27,970 $11,690 $16,280
2016 $1,327 $27,970 $11,690 $16,280
2015 $1,328 $27,970 $11,690 $16,280
2014 $1,556 $32,030 $11,690 $20,340
2013 $1,550 $32,030 $11,690 $20,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 103834

APN: 27-30-00-02-003.000