NOT LISTED FOR SALE

975 Richie Ave Lima, OH 45805

Central Lima Neighborhood

Estimated Value: $21,000 - $110,000

3 Beds
1 Bath
1,404 Sq Ft
$57/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $20,000 $14 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $512/month

13 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Garage
  • Heating Available
  • No HOA

About This Home

As of November 2024

Great opportunity for a fix & flip. This property has sustained fire damage and is being sold as-is. There's work to be done but this north end home still has plenty to work with. Situated on a nice lot with a 1 car detached garage, this home could be a great potential investment. $17,000 fire bond held by the City of Lima, will be released to new owner once repairs are completed. Call today for a showing.

Last Agent to Sell the Property

Dave Mayer

Hartsock Realty License #2021000645 Listed on: 10/31/2024

Last Buyer's Agent

Dave Mayer

Hartsock Realty License #2021000645 Listed on: 10/31/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.25 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,404 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36-2511-07-010.000

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Architectural Style: Ranch
  • Year Built: 1947
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Acres: 0.25
  • General Property Info:Lot Size Square Feet: 10890.0
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-2511-07-010.000
  • Tax Info:Tax Annual Amount: 777.0
  • Architectural Style:Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:None4: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Other
  • General Property Info:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Other20: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: See Remarks
  • Heating:Other10: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 36-2511-07-010.000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 777.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Nov 26, 2024
Sold by
Vision 3 Investments Llc
Bought by
Health Partners Of Western Ohio Foundation
Seller's Agent
Dave Mayer
Hartsock Realty
Buyer's Agent
Dave Mayer
Hartsock Realty
List Price
$39,000
Sold Price
$20,000
Premium/Discount to List
-$19,000
-48.72%
Views
74
Current Estimated Value
$81,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,071
Avg. Annual Appreciation
564.81%

Purchase Details

Closed on
Jun 18, 2015
Sold by
Vision 2 Investments Llc
Bought by
Vision 3 Investments Llc

Purchase Details

Closed on
Mar 24, 2010
Sold by
Vision 3 Investments Llc
Bought by
Vision 2 Investments Llc

Purchase Details

Closed on
Mar 13, 2010
Sold by
Fannie Mae
Bought by
Vision 3 Investments Llc

Purchase Details

Closed on
Jan 5, 2010
Sold by
Brown Donald A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 27, 2007
Sold by
Turner Thomas L and Turner Thomas L
Bought by
Brown Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1999
Sold by
Potter Elaine
Bought by
Turner Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1992
Bought by
Potter Elaine Ann
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 Buyer Sale Price Title Company
Health Partners Of Western Ohio Foundation $20,000 None Listed On Document
Health Partners Of Western Ohio Foundation $20,000 None Listed On Document
Vision 3 Investments Llc -- None Available
Vision 2 Investments Llc -- Attorney
Vision 3 Investments Llc $15,000 None Available
Federal National Mortgage Association $32,000 None Available
Brown Donald L $57,900 Ticor Title Insurance Compan
Turner Thomas $51,250 --
Potter Elaine Ann $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vision 3 Investments Llc $474,375
Previous Owner Brown Donald L $57,900
Previous Owner Turner Thomas $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $20,000 -31.0% $14 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $29,000 -25.6% $21 / Sq Ft
10/31/2024 10/31/24 For Sale $39,000 -- $28 / 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 $775 $20,230 $4,200 $16,030
2023 $777 $17,750 $3,680 $14,070
2022 $780 $17,750 $3,680 $14,070
2021 $827 $17,750 $3,680 $14,070
2020 $821 $15,610 $3,570 $12,040
2019 $821 $15,610 $3,570 $12,040
2018 $818 $15,610 $3,570 $12,040
2017 $824 $15,610 $3,570 $12,040
2016 $835 $15,610 $3,570 $12,040
2015 $852 $15,610 $3,570 $12,040
2014 $1,123 $21,110 $3,750 $17,360
2013 $1,094 $21,110 $3,750 $17,360
Source: Public Records

Agents Affiliated with this Home

  • Dave Mayer

    Seller's Agent in 2024

    Dave Mayer

    Hartsock Realty

    (567) 825-3009

    7 in this area

    95 Total Sales

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 305557

APN: 36-25-11-07-010.000

Ohio Allen County Lima 45805 Central Lima

975 Richie Ave, Lima, OH

This home is located at 975 Richie Ave, Lima, OH 45805 since 31 October 2024 and is currently estimated at $79,803, approximately $56 per square foot. This property was built in 1947. 975 Richie Ave is a home located in Allen County with nearby schools including Heritage Elementary School, Lima North Middle School, and Lima West Middle School.

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