NOT LISTED FOR SALE

888 W Spring St Lima, OH 45805

Riverside North Neighborhood

Estimated Value: $39,772 - $120,000

4 Beds
2 Baths
2,129 Sq Ft
$38/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $33,000 $16 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $479/month

30 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

As of July 2022

INVESTOR SPECIAL! This multi-family has tons of potential. It can be easily turned into a single-family home or finished for a multi-family. The work has already started with some gutting of the bathroom and kitchen. This has a large backyard and in a quiet part of town!

Last Agent to Sell the Property

BROOKE HANNEMAN

Doyle Realtors License #2020005037 Listed on: 06/15/2022

Last Buyer's Agent

BROOKE HANNEMAN

Doyle Realtors License #2020005037 Listed on: 06/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $690

Year Built

  • Built in 1920

Lot Details

  • 0.25

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Utilities

  • No Cooling
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36-3607-05-032.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$690

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Unit Levels: Two
  • Year Built: 1920
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-3607-05-032.000
  • Tax Info:Tax Annual Amount: 690.0
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

  • Has Basement: Partial
  • Basement:Partial: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Baseboard: 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 #: 36-3607-05-032.000
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 690.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 19, 2022
Sold by
Johnson Olympia
Bought by
K & N Investments & Consulting Inc
Seller's Agent
BROOKE HANNEMAN
Doyle Realtors
Buyer's Agent
BROOKE HANNEMAN
Doyle Realtors
List Price
$42,000
Sold Price
$33,000
Premium/Discount to List
-$9,000
-21.43%
Current Estimated Value
$81,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,693
Avg. Annual Appreciation
31.83%

Purchase Details

Closed on
Mar 31, 2021
Sold by
Bands Three Properties Llc
Bought by
Johnson Olivia

Purchase Details

Closed on
Feb 9, 1998
Sold by
B S Properties
Bought by
Stratton Mitchell and Stratton Dawn

Purchase Details

Closed on
Nov 20, 1995
Sold by
Sproul James
Bought by
Bresson Todd and Bresson William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1990
Bought by
Sproul Marjorie F
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
K & N Investments & Consulting Inc $33,000 Daley Douglas A
Johnson Olivia $21,600 None Available
Stratton Mitchell $43,000 --
Bresson Todd $22,500 --
Sproul Marjorie F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bresson Todd $18,000
Closed Stratton Mitchell $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $33,000 -21.4% $16 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $42,000 -- $20 / 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 $575 $14,490 $3,360 $11,130
2023 $671 $13,800 $3,190 $10,610
2022 $970 $13,800 $3,190 $10,610
2021 $658 $13,800 $3,190 $10,610
2020 $902 $17,290 $2,310 $14,980
2019 $902 $17,290 $2,310 $14,980
2018 $899 $17,290 $2,310 $14,980
2017 $905 $17,290 $2,310 $14,980
2016 $918 $17,290 $2,310 $14,980
2015 $953 $17,290 $2,310 $14,980
2014 $953 $17,720 $2,350 $15,370
2013 $928 $17,720 $2,350 $15,370
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    BROOKE HANNEMAN

    Doyle Realtors

    (419) 231-8320

    1 in this area

    33 Total Sales

    BROOKE HANNEMAN
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 208804

APN: 36-36-07-05-032.000

Ohio Allen County Lima 45805 Riverside North

888 W Spring St, Lima, OH

Not Listed for Sale

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