$80,000
SOLD OCT 15, 2021

7575 Spencerville Rd Lima, OH 45806

2 Beds
2 Baths
1,850 Sq Ft
1.88 Acres

Recently Sold

$43 Per Sq Ft

18% Below List Price

17 Days on Market

Highlights

  • Stream or River on Lot
  • Wooded Lot
  • No HOA
  • Maplewood Elementary School Rated A
  • Ranch Style House
  • Covered patio or porch

About This Home

As of October 2022

Looking for a beautiful piece of property and a home that has character and tons of potential? Well here it is in Shawnee School District. This brick home used to be a schoolhouse and sits on 1.88 acres with a 2 car detached garage. The land has so much to offer--rolling hills, established trees, a creek and beautiful views. The original part of the house has 2 bedrooms as well as a room that could be 3rd bedroom, office, craft room or play room. There is an additon that was put on the house that provides the space for a dining area, a bedroom or a family room. With so many options, plenty of space, immediate occupancy and an affordable price--you can't go wrong by taking the time to check it out! This house is being sold as is. Needs TLC.,1-3 Acres

Last Agent to Sell the Property

Connie Thompson

Keller Williams Advisors Listed on: 09/24/2021

Keller Williams Advisors

Last Buyer's Agent

SCOTT PARSONS

CCR Realtors License #2019002303

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1920

Lot Details

  • Wooded Lot

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

Outdoor Features

  • Stream or River on Lot
  • Covered patio or porch

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 PTNERETS/

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 1.88 acres
  • Directions: Located west of Grubb Road
  • Architectural Style: Ranch
  • Unit Levels: One
  • 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_: PTNERETS/
  • Tax Info:Tax Annual Amount: 1142.0
  • Architectural Style:Ranch: Yes
  • Levels:One: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: 1.88 acres
  • 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
  • Kitchen Features:Wood Cabinets: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Lot Features: Shaded Lot, Stream, Wooded
  • Construction Type: Brick
  • Other Structures: Garage(s)
  • Patio And Porch Features: Covered, Porch
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Shaded Lot: Yes
  • Lot Features:Stream: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Total2: 2
  • Parking Features:Detached: Yes
  • Other Structures:Garage(s): 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 #: PTNERETS/
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 1142.0

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
14.50%
Original Mortgage
$109,610
Outstanding Balance
$105,734
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$58,464

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
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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 Type Sale Price Title Company
Warranty Deed $113,000 --
Warranty Deed $80,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer $64,500 None Available
Deed $65,000 --
Deed $41,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,610 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $64,500 New Conventional
Previous Owner $65,750 New Conventional
Closed $5,650 No Value Available
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

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 206523

APN: 45-11-00-01-002.002