NOT LISTED FOR SALE

827 Rice Ave Lima, OH 45805

Central Lima Neighborhood

Estimated Value: $92,000 - $111,000

6 Beds
2 Baths
2,506 Sq Ft
$39/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2024

Last sale price $90,000 $36 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $617 / mo

217 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage

About This Home

As of June 2024

$$$SELLER IS OFFERING 3 POINTS BACK TO USE HOW YOU LIKE! BUY DOWN YOUR RATE OR USE TOWARDS DOWN PAYMENT OR DO UPGRADES.$$$$$
Check out this fully rented duplex. Each side has three bedrooms and 1 bath. There is a nice size yard and a garage. Both sides are currently rented. Units are below market rent and with a few small upgrades you could get more rent as well. Tenants pay gas and electric. Owner only pays water.
Get with your favorite real estate agent today for a showing. Tenants rights in place, need 24 hours notice.

Last Agent to Sell the Property

Eric Schomber

EXP Realty-Dublin License #2020007677 Listed on: 09/26/2023

EXP Realty-Dublin

Last Buyer's Agent

HEATHER GAUS

Cowan, Realtors License #2019007502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1931

Lot Details

  • 6,447

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property
  • Basement
  • Block Basement Construction
  • Oven
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, grounds care, snow removal
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 36-2511-01-005.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,054

Year Built

Built in 1931

Lot Details

6,447 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Architectural Style: 2 Story
  • Unit Levels: Two
  • Year Built: 1931
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: 36-2511-01-005.000
  • Tax Info:Tax Annual Amount: 1054.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Basement YN: Yes
  • Foundation:Block2: Yes
  • Utilities:Cable Available: Yes
  • General Property Info:_pound_ Of Units Total: 2
  • Levels:Two2: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Roof:Asphalt3: Yes
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Architectural Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Trash Collection, Water
  • Has Basement: Block
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Refrigerator3: 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 1 Features:Porch2: Yes
  • Unit 2 Features:Porch3: Yes
  • Basement:Block3: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Patio Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • General Property Info:Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:Garage: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Parcel #: 36-2511-01-005.000
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Gas, Electricity, Grounds Care, Snow Removal

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1054.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Jun 4, 2024
Sold by
Bought by
Seller's Agent
Eric Schomber
EXP Realty-Dublin
Buyer's Agent
HEATHER GAUS
Cowan, Realtors
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Views
362
Current Estimated Value
$98,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,942
Avg. Annual Appreciation
4.85%
Original Mortgage
$67,500
Outstanding Balance
$64,398
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving
Estimated Equity
$34,544

Purchase Details

Closed on
Oct 4, 2022
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 9, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,950
Interest Rate
7.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 21, 1992
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$90,000 None Listed On Document
$802,900 None Listed On Document
-- None Available
$33,000 --
$33,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $67,500
Previous Owner $40,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $90,000 -7.2% $36 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
03/26/2024 03/26/24 Price Changed $97,000 -1.0% $39 / Sq Ft
12/09/2023 12/09/23 Price Changed $98,000 -2.0% $39 / Sq Ft
09/26/2023 09/26/23 For Sale $100,000 -- $40 / Sq Ft
Source: West Central Association of REALTORS® (OH)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $999 $26,610 $2,490 $24,120
2024 $998 $26,610 $2,490 $24,120
2023 $999 $23,310 $2,170 $21,140
2022 $1,004 $23,310 $2,170 $21,140
2021 $1,065 $23,310 $2,170 $21,140
2020 $1,004 $19,390 $2,100 $17,290
2019 $1,004 $19,390 $2,100 $17,290
2018 $1,000 $19,390 $2,100 $17,290
2017 $1,008 $19,390 $2,100 $17,290
2016 $1,021 $19,390 $2,100 $17,290
2015 $1,235 $19,390 $2,100 $17,290
2014 $1,235 $19,500 $2,240 $17,260
2013 $1,213 $19,500 $2,240 $17,260
Source: Public Records

Agents Affiliated with this Home

  • Eric Schomber

    Seller's Agent in 2024

    Eric Schomber

    EXP Realty-Dublin

    (866) 212-4991

    34 in this area

    248 Total Sales

    Eric Schomber
    Section Image
  • HEATHER GAUS

    Buyer's Agent in 2024

    HEATHER GAUS

    Cowan, Realtors

    (419) 236-4391

    8 in this area

    121 Total Sales

    HEATHER GAUS
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 302178

APN: 36-25-11-01-005.000

Ohio Allen County Lima 45805 Central Lima

827 Rice Ave, Lima, OH

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