NOT LISTED FOR SALE

879 W Elm St Lima, OH 45805

Riverside North Neighborhood

Estimated Value: $159,000 - $237,000

8 Beds
4 Baths
1,560 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $184,500 $118 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,232/month

22 Days on Market

Highlights

  • Ranch Style House
  • Window Unit Cooling System
  • Forced Air Heating System
  • No HOA

About This Home

As of September 2021

Fantastic, all-brick investment opportunity! Within the city of Lima, each of the 4 units in the double duplexes features 2 bedrooms and 1 bathroom. Low operating expenses and nice rents make for a great return! Leased out for $525, $539, $557, and $652. Units 2-4 are month to month, unit 1 is leased through September 2021. Fresh flooring, paint and other updates are evident throughout! Call today!

Last Listed By

Debbie Lane

Berkshire Hathaway Professional Realty License #0000356563 Listed on: 08/25/2021

Berkshire Hathaway Professional Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1951

Lot Details

  • 0.25

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Kitchen

  • Oven
  • Range

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Sewer

Additional Features

  • 8 Bedrooms
  • Washer and Dryer Hookup
  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 56x195

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 36-3610-02-008.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,341

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 56x195
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1951
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-3610-02-008.000
  • Tax Info:Tax Annual Amount: 1341.08
  • Architectural Style:Ranch: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: 56x195
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 4
  • Cooling:Window Unit(s): Yes
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Unit 4 Info:Furnished YN4: No
  • Unit 4 Features:Oven5: Yes
  • Unit 4 Features:Range5: Yes
  • Roof:Asphalt3: Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Full
  • Total Bedrooms: 8
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Full Basement: 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:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes
  • Unit 3 Features:Dryer Hookup3: Yes
  • Unit 3 Features:Washer Hookup3: Yes
  • Unit 4 Features:Dryer Hookup4: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Block
  • Roof: Asphalt
  • Construction Materials:Brick: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • 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

  • Land Lease: No
  • Parcel #: 36-3610-02-008.000
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1341.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Sep 24, 2021
Sold by
Pc Thompson Investments Llc
Bought by
Smith Craig and Smith Jill
Seller's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
Buyer's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
List Price
$169,900
Sold Price
$184,500
Premium/Discount to List
$14,600
8.59%
Total Days on Market
22
Current Estimated Value
$194,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,688
Avg. Annual Appreciation
3.16%

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 8, 2020
Sold by
Meloy Barbara J
Bought by
Pc Thompson Investments Llc
Seller's Agent
Bill Bible
Superior Plus Realtors
Buyer's Agent
Debbie Lane
Berkshire Hathaway Professional Realty
List Price
$134,900
Sold Price
$134,500
Premium/Discount to List
-$400
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.73%
Original Mortgage
$100,875
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 11, 2018
Sold by
Meloy Barbara J
Bought by
Adkins Paula and Clymer Linda

Purchase Details

Closed on
Jul 3, 2018
Sold by
Meloy Barbara J
Bought by
Adkins Paula and Clymer Linda

Purchase Details

Closed on
Jun 18, 2007
Sold by
Johnson Jerry M
Bought by
Meloy Barbara J

Purchase Details

Closed on
Aug 16, 1996
Sold by
B J B M T Inc
Bought by
Myers Kevin and Myers Ester

Purchase Details

Closed on
Jul 6, 1990
Bought by
Bjbmt Incorporated

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 Buyer Sale Price Title Company
Smith Craig $184,500 None Available
Pc Thompson Investments Llc $134,500 None Available
Meloy Barbara J $88,000 None Available
Myers Kevin $165,000 --
Bjbmt Incorporated $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pc Thompson Investments Llc $100,875
Previous Owner Meloy Barbara J $51,000
Previous Owner Meloy Barbara J $63,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $184,500 +8.6% $118 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $169,900 +26.3% $109 / Sq Ft
12/08/2020 12/08/20 Sold $134,500 -0.3% $86 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $134,900 -- $86 / 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 $1,864 $51,420 $3,500 $47,920
2023 $2,024 $48,970 $3,330 $45,640
2022 $2,036 $48,970 $3,330 $45,640
2021 $2,164 $48,970 $3,330 $45,640
2020 $1,343 $26,390 $3,220 $23,170
2019 $1,343 $26,390 $3,220 $23,170
2018 $1,338 $26,390 $3,220 $23,170
2017 $1,348 $26,390 $3,220 $23,170
2016 $1,366 $26,390 $3,220 $23,170
2015 $1,594 $26,390 $3,220 $23,170
2014 $1,594 $30,490 $3,290 $27,200
2013 $1,551 $30,490 $3,290 $27,200
Source: Public Records

Agents Affiliated with this Home

  • Debbie Lane

    Seller's Agent in 2021

    Debbie Lane

    Berkshire Hathaway Professional Realty

    (419) 999-2027

    14 in this area

    342 Total Sales

    Debbie Lane
    Section Image
  • Bill Bible

    Seller's Agent in 2020

    Bill Bible

    Superior Plus Realtors

    (419) 222-3040

    6 in this area

    45 Total Sales

    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 206238

APN: 36-36-10-02-008.000

Ohio Allen County Lima 45805 Riverside North

879 W Elm St, Lima, OH

Homes for Sale in Lima, OH

This home is located at 879 W Elm St, Lima, OH 45805 since 25 August 2021 and is currently estimated at $194,188, approximately $124 per square foot. This property was built in 1951. 879 W Elm St is a home located in Allen County with nearby schools including Heritage Elementary School, Lima West Middle School, and Lima North Middle School.

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