NOT LISTED FOR SALE

924 Micheal Lima, OH 45804

Fifth Ward Neighborhood

Estimated Value: $54,607 - $243,000

15 Beds
1 Bath
-- Sq Ft
7,971 Sq Ft Lot

Last Sold October 22, 2020

Last sale price $157,758

Est. 33% decrease in value since last sale

Current estimated payment $585/month

216 Days on Market

Highlights

  • 2-Story Property
  • Cooling Available
  • 2-minute walk to Cook Park
  • No HOA
  • Heating Available

About This Home

As of October 2020

This is a 6 house package 924 Michael, 1127 Carlisle, 638 E. Third, 639 E. Franklin, 812 E. Albert St., 920 Fairview all in Lima, Ohio. Some new furnaces, flooring, paint some long term tenants. Cap rate is 14.67% @ 95% occupancy.

Last Agent to Sell the Property

Kate Shulaw

Keller Williams Advisors License #2012002006 Listed on: 02/11/2020

Last Buyer's Agent

Bailey Joseph

Hartsock Realty License #2006002451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,029

Lot Details

  • 7,971

Home Design

  • 2-Story Property
  • Block Foundation
  • Aluminum Siding
  • Vinyl Siding

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 15 Bedrooms
  • Crawl Space

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 47-0608-07-007.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,029

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 47-0608-07-007.000
  • Tax Info:Tax Annual Amount: 3028.58
  • Architectural Style:Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 6
  • Unit 1 Info Sq Ft: 975
  • Levels:Two2: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Foundation:Crawl Space2: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 15

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding, Other
  • Foundation Details: Block
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Construction Materials:Other5: Yes

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Other10: 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 #: 47-0608-07-007.000
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3028.58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Oct 23, 2020
Bought by
Brandville Properties Llc
Seller's Agent
Kate Shulaw
Keller Williams Advisors
Buyer's Agent
Bailey Joseph
Hartsock Realty
List Price
$185,000
Sold Price
$157,758
Premium/Discount to List
-$27,242
-14.73%
Current Estimated Value
$105,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,106
Avg. Annual Appreciation
-8.91%
Interest Rate
2.8%

Purchase Details

Closed on
Jun 6, 2019
Sold by
Waggamon Benjamin M
Bought by
Honey Run Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,571
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2013
Sold by
Blew Home Rentals Llc
Bought by
Waggamon Benjamin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,100
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 1, 1981
Bought by
Fetzer Larry K
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
Brandville Properties Llc $262,930 --
Honey Run Investments Llc -- None Available
Waggamon Benjamin M $90,000 None Available
Fetzer Larry K $13,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brandville Properties Llc --
Open Brandville Properties Llc $285,000
Previous Owner Honey Run Investments Llc $1,106,571
Previous Owner Waggamon Benjamin M $100,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $157,758 -14.7% --
09/14/2020 09/14/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $185,000 -- --
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 $318 $7,150 $1,300 $5,850
2023 $442 $6,800 $1,230 $5,570
2022 $340 $6,800 $1,230 $5,570
2021 $358 $6,800 $1,230 $5,570
2020 $438 $7,710 $1,230 $6,480
2019 $438 $7,710 $1,230 $6,480
2018 $434 $7,710 $1,230 $6,480
2017 $440 $7,710 $1,230 $6,480
2016 $446 $7,710 $1,230 $6,480
2015 $283 $7,710 $1,230 $6,480
2014 $283 $4,380 $1,260 $3,120
2013 $506 $9,070 $1,260 $7,810
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kate Shulaw

    Keller Williams Advisors

  • Bailey Joseph

    Buyer's Agent in 2020

    Bailey Joseph

    Hartsock Realty

    (419) 516-3272

    3 in this area

    99 Total Sales

    Bailey Joseph
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 200645

APN: 47-06-08-07-007.000

Ohio Allen County Lima 45804 Fifth Ward

924 Micheal, Lima, OH

This home is located at 924 Micheal, Lima, OH 45804 since 11 February 2020 and is currently estimated at $105,652. 924 Micheal is a home located in Allen County with nearby schools including Freedom Elementary School, Lima North Middle School, and Lima West Middle School.

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