NOT LISTED FOR SALE

Lima, OH 45805

Estimated Value: $204,000 - $240,822

4 Beds
4 Baths
2,500 Sq Ft
$86/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $130,000 $52 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,370/month

19 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Central Air
  • No HOA
  • 1 Car Attached Garage
  • Utility Room

About This Home

As of July 2016

Welcome to 2061 & 2063 Edgewood Drive in Elida School District! This well-maintained, well-built brick two-family home is move-in ready and a great investment opportunity! Live in one side and pay your mortgage by renting the other! Only minutes away from needed amenities. Neutral d+-cor. Very efficient electric heat. Each unit has attached garage. Newer appliances. Quality duplexes like this don't come available very often! This residence always attracts renters. An abundance of additional living space can be third bedroom on each side. This may be exactly what you've been looking for!

Last Agent to Sell the Property

PATTY CASSELL

Alexander Realty Services License #2013001192 Listed on: 04/08/2016

Last Buyer's Agent

PATTY CASSELL

Alexander Realty Services License #2013001192 Listed on: 04/08/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1975

Lot Details

  • 10,640

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 4 Bedrooms
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Utilities

  • Central Air
  • Heat Pump System
  • Private Sewer

Additional Features

  • Porch
  • 10,640 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for trash collection, cooling, electricity, grounds care, heating
  • The owner pays for sewer, water
  • Assessor Parcel Number 36230704005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Water Sewer Expense $30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,132

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: .232
  • Directions: From Cable Rd, turn east on Edgewood Drive.
  • Architectural Style: Ranch, Other, See Remarks
  • Unit Levels: One
  • Year Built: 1975
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Square Feet: 10640.0
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36230704005
  • Tax Info:Tax Annual Amount: 2132.0
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Foundation:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: .232
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Financial Details:Water Sewer Expense: 30.0
  • 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
  • Location Property Info:Lease Term3: 24 Months
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Unit 8 Info:Furnished YN8: No
  • Roof:Asphalt3: Yes
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Unit 1 Features:Disposal2: Yes
  • Unit 2 Features:Disposal3: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Total Bedrooms: 4
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 1 Features:Dishwasher2: Yes
  • Unit 2 Features:Dishwasher3: Yes
  • Unit 1 Features:Utility Room: Yes
  • Unit 2 Features:Utility Room2: Yes

Exterior Features

  • Construction Type: Brick, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Patio Porch Features:Porch: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Other5: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Other, Varies by Unit
  • Parking Features:Attached: Yes
  • Parking Features:Other20: Yes
  • Parking Features:Varies by Unit2: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Fee Information

  • Annual Water Sewer Expense: 30.0

Schools

  • Junior High Dist: Elida

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10640.0
  • Parcel #: 36230704005
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 24 Months
  • Tenant Pays: Trash Collection, Cooling, Electricity, Grounds Care, Heating, Other, See Remarks

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 664.0

Tax Info

  • Tax Annual Amount: 2132.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 14, 2016
Sold by
Cassell John H
Bought by
Neuman Enterprises Inc
Seller's Agent
PATTY CASSELL
Alexander Realty Services
Buyer's Agent
PATTY CASSELL
Alexander Realty Services
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$214,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,956
Avg. Annual Appreciation
5.54%
Original Mortgage
$129,912
Outstanding Balance
$81,726
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$133,230

Purchase Details

Closed on
Dec 12, 1991
Bought by
Cassell Hobart G
Source: Public Records

Range of Values:

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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
Neuman Enterprises Inc $130,000 None Available
Cassell Hobart G $72,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neuman Enterprises Inc $129,912
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2016 07/21/16 Sold $130,000 0.0% $52 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $130,000 -- $52 / 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 $2,845 $63,700 $8,260 $55,440
2023 $2,605 $51,800 $6,720 $45,080
2022 $2,668 $51,800 $6,720 $45,080
2021 $2,667 $51,800 $6,720 $45,080
2020 $2,527 $45,820 $6,440 $39,380
2019 $2,527 $45,820 $6,440 $39,380
2018 $2,348 $45,820 $6,440 $39,380
2017 $2,141 $39,690 $6,440 $33,250
2016 $2,135 $39,690 $6,440 $33,250
2015 $2,144 $39,690 $6,440 $33,250
2014 $2,488 $44,600 $5,920 $38,680
2013 $2,244 $44,600 $5,920 $38,680
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    PATTY CASSELL

    Alexander Realty Services

    Section Image
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Source: West Central Association of REALTORS® (OH)

MLS Number: 100955

APN: 36-23-07-04-005.000

Ohio Allen County Lima

45805

Not Listed for Sale

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