NOT LISTED FOR SALE

7575 Spencerville Rd Lima, OH 45806

Estimated Value: $141,000 - $203,000

2 Beds
2 Baths
1,850 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $113,000 $61 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,023/month

50 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Maplewood Elementary School Rated A
  • 2 Car Detached Garage

About This Home

As of October 2022

LOCATION, LOCATION, LOCATION! Nearly 2 acres of beautifully wooded land in Shawnee LSD! While it needs a little TLC, you'll love the character and charm of this former school house nestled in a picturesque setting! Whether you're looking to restore a little piece of history, or start fresh, you'll fall in love with all that nature has to offer on this site. All utilities are connected, so call today to get your hands on this fabulous piece of land!,1-3 Acres

Last Agent to Sell the Property

SCOTT PARSONS

CCR Realtors License #2019002303 Listed on: 08/22/2022

Last Buyer's Agent

ANTHONY WRIGHT

Cowan, Realtors License #2019001537

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,274

Lot Details

  • 1.88

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Wood
  • Well
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 45-1100-01-002.002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,274

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 1.88
  • Architectural Style: Ranch
  • Unit Levels: One
  • 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_: 45-1100-01-002.002
  • Tax Info:Tax Annual Amount: 1273.62
  • Architectural Style:Ranch: Yes
  • Levels:One: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: 1.88
  • Water Source:Well: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Total2: 2
  • Parking Features:Detached: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wood
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Shawnee

Lot Info

  • Parcel #: 45-1100-01-002.002
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1273.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 12, 2022
Sold by
Eddy Fawn Llc
Bought by
Allen Steven Phillip
Seller's Agent
SCOTT PARSONS
CCR Realtors
Buyer's Agent
ANTHONY WRIGHT
Cowan, Realtors
List Price
$115,000
Sold Price
$113,000
Premium/Discount to List
-$2,000
-1.74%
Current Estimated Value
$164,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,198
Avg. Annual Appreciation
12.34%
Original Mortgage
$109,610
Outstanding Balance
$105,734
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$49,880

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 15, 2021
Sold by
Ladd Richard Shane and Ladd Tracy M
Bought by
Eddy Fawn Llc
Seller's Agent
Connie Thompson
Keller Williams Advisors
Buyer's Agent
SCOTT PARSONS
CCR Realtors
List Price
$97,000
Sold Price
$80,000
Premium/Discount to List
-$17,000
-17.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.74%

Purchase Details

Closed on
Nov 25, 2020
Sold by
Ladd Richard Shane
Bought by
Ladd Richard Shane and Ladd Tracy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Ladd Richard C and Ladd Carol F
Bought by
Ladd Richard Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2001
Sold by
Davis David L
Bought by
Lehman Rick L and Lehman Sheila L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,750
Interest Rate
7.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1990
Bought by
Davis Barbara Jean Whitty
Source: Public Records

Range of Values:

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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
Allen Steven Phillip $113,000 --
Eddy Fawn Llc $80,000 None Available
Ladd Richard Shane -- None Available
Ladd Richard Shane $64,500 None Available
Lehman Rick L $65,000 --
Davis Barbara Jean Whitty $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Steven Phillip $109,610
Previous Owner Ladd Richard Shane $50,000
Previous Owner Ladd Richard Shane $64,500
Previous Owner Lehman Rick L $65,750
Closed Allen Steven Phillip $5,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $113,000 -1.7% $61 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $115,000 +43.8% $62 / Sq Ft
10/15/2021 10/15/21 Sold $80,000 -17.5% $43 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $97,000 -- $52 / 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 $1,407 $35,600 $12,430 $23,170
2023 $1,194 $27,380 $9,560 $17,820
2022 $1,234 $27,380 $9,560 $17,820
2021 $1,213 $27,380 $9,560 $17,820
2020 $1,137 $26,640 $9,000 $17,640
2019 $1,137 $26,640 $9,000 $17,640
2018 $1,110 $26,640 $9,000 $17,640
2017 $1,086 $25,030 $9,000 $16,030
2016 $1,074 $25,030 $9,000 $16,030
2015 $1,076 $25,030 $9,000 $16,030
2014 $1,060 $24,370 $8,650 $15,720
2013 $1,037 $24,370 $8,650 $15,720
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    SCOTT PARSONS

    CCR Realtors

    (419) 234-7204

    130 Total Sales

    SCOTT PARSONS
    Section Image

  • A

    Buyer's Agent in 2022

    ANTHONY WRIGHT

    Cowan, Realtors

    (419) 371-3063

    33 Total Sales

    ANTHONY WRIGHT
    Section Image

  • C

    Seller's Agent in 2021

    Connie Thompson

    Keller Williams Advisors

    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 211489

APN: 45-11-00-01-002.002

Ohio Allen County Lima 45806

7575 Spencerville Rd, Lima, OH

This home is located at 7575 Spencerville Rd, Lima, OH 45806 since 22 August 2022 and is currently estimated at $164,198, approximately $88 per square foot. 7575 Spencerville Rd is a home located in Allen County with nearby schools including Elmwood Elementary School, Maplewood Elementary School, and Shawnee Middle School.

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