NOT LISTED FOR SALE

989 Brice Ave 420 N Charles Lima, OH 45805

Central Lima Neighborhood

Estimated Value: $58,000 - $105,000

4 Beds
2 Baths
-- Sq Ft
4,617 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $40,000

Est. 102% increase in value since last sale

Current estimated payment $512/month

208 Days on Market

About This Home

As of May 2022

Investment opportunity! Well managed double and fully rented. Total annual rent $8,220. All leases month-to-month. Please do not disturb tenants. Make offers contingent upon viewing properties. Showings only following accepted offer to purchase.. Basement may have slight seepage in heavy rain.

Last Listed By

Tim Stanford

Superior Plus Realtors License #0000331263 Listed on: 05/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $769

Year Built

  • Built in 1920

Lot Details

  • 4,617

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 36-2511-09-024.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$769

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_: 36-2511-09-024.000
  • Tax Info:Tax Annual Amount: 769.32
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • Foundation:Block2: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Levels:Two2: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public 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 #: 36-2511-09-024.000
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 769.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Blass Holding Llc
Bought by
Double Up Lima Llc
Total Days on Market
208
Current Estimated Value
$81,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$198,711
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$117,711

Purchase Details

Listed on
May 28, 2021
Closed on
May 16, 2022
Sold by
Lima Properties Ltd
Bought by
Blass Holding Llc
Seller's Agent
Tim Stanford
Superior Plus Realtors
Buyer's Agent
Tim Stanford
Superior Plus Realtors
List Price
$72,900
Sold Price
$40,000
Premium/Discount to List
-$32,900
-45.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.61%

Purchase Details

Closed on
Mar 5, 1992
Bought by
Dickason Miner O

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
Double Up Lima Llc $475,000 None Listed On Document
Blass Holding Llc $245,000 Daley Douglas A
Dickason Miner O $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Double Up Lima Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $40,000 -45.1% --
12/22/2021 12/22/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $72,900 -- --
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 $759 $19,780 $2,030 $17,750
2023 $762 $17,370 $1,790 $15,580
2022 $765 $17,370 $1,790 $15,580
2021 $811 $17,370 $1,790 $15,580
2020 $771 $14,570 $1,720 $12,850
2019 $771 $14,570 $1,720 $12,850
2018 $768 $14,570 $1,720 $12,850
2017 $773 $14,570 $1,720 $12,850
2016 $784 $14,570 $1,720 $12,850
2015 $1,004 $14,570 $1,720 $12,850
2014 $1,004 $18,730 $1,820 $16,910
2013 $978 $18,730 $1,820 $16,910
Source: Public Records

Agents Affiliated with this Home

  • Tim Stanford

    Seller's Agent in 2022

    Tim Stanford

    Superior Plus Realtors

    (419) 230-2421

    37 in this area

    178 Total Sales

    Tim Stanford
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 205063

APN: 36-25-11-09-024.000

Ohio Allen County Lima 45805 Central Lima

989 Brice Ave 420 N Charles, Lima, OH

Homes for Sale in Lima, OH

This home is located at 989 Brice Ave 420 N Charles, Lima, OH 45805 since 28 May 2021 and is currently estimated at $81,000. This property was built in 1920. 989 Brice Ave 420 N Charles 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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