NOT LISTED FOR SALE

Lima, OH 45805

Westgate Neighborhood

Estimated Value: $56,129

0.26 Acre
$215,881 Price per Acre
11,326 Sq Ft Lot

Last Sold March 22, 2018

Last sale price $33,000 $30 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $435/month

240 Days on Market

Highlights

  • City View
  • No HOA
  • Level Lot

About This Lot

As of March 2018

This piece of land could be used for offices or a commercial lot.

Last Listed By

Bruce Cotrell

CCR Realtors License #2013002492 Listed on: 12/27/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $255

Year Built

  • 1948

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Additional Features

  • City Views
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 36-2611-04005.000

Property Details

Property Type

Land

Est. Annual Taxes

$255

Year Built

1948

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Lot Size: .26
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Acres: 0.26
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-2611-04005.000
  • Tax Info:Tax Annual Amount: 254.84
  • General Property Info:Lot Size Dimensions: .26
  • General Property Info:Land Lease YN: No
  • Utilities:Electricity Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Phone Available: Yes
  • View:City3: Yes
  • Special Features: None
  • Year Built: 1948

Interior Features

  • Possible Use: Business, Commercial, Investment, Office

Exterior Features

  • Lot Features: Level
  • View: City
  • Exterior Features: Other, See Remarks
  • Lot Features:Level: Yes
  • Exterior Features:Other16: Yes
  • Exterior Features:See Remarks8: Yes

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 36-2611-04005.000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 254.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2016
Closed on
Apr 5, 2018
Sold by
Bigun Restaurants Llc
Bought by
Rooty S Family Restaurants Llc
Seller's Agent
Bruce Cotrell
CCR Realtors
Buyer's Agent
Bruce Cotrell
CCR Realtors
List Price
$35,000
Sold Price
$33,000
Premium/Discount to List
-$2,000
-5.71%
Total Days on Market
240
Current Estimated Value
$56,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,129
Avg. Annual Appreciation
7.68%

Purchase Details

Listed on
Dec 27, 2016
Closed on
Mar 22, 2018
Sold by
Merritt Lisa and Ashafa Lisa
Bought by
Bigun Restuarants Llc
Seller's Agent
Bruce Cotrell
CCR Realtors
Buyer's Agent
Bruce Cotrell
CCR Realtors
List Price
$35,000
Sold Price
$33,000
Premium/Discount to List
-$2,000
-5.71%

Purchase Details

Closed on
Aug 8, 2006
Sold by
Jones Anthony
Bought by
Merritt Lisa M

Purchase Details

Closed on
Dec 14, 2001
Sold by
Merritt Lisa
Bought by
Merritt Lisa and Jones Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
10.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 1999
Sold by
Newland Bessie
Bought by
Merritt Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,200
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1979
Bought by
Newland Bessie

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
Rooty S Family Restaurants Llc -- None Available
Bigun Restuarants Llc $33,000 None Available
Merritt Lisa M -- None Available
Merritt Lisa $24,050 --
Merritt Lisa $42,000 --
Newland Bessie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merritt Lisa $63,700
Previous Owner Merritt Lisa $42,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Sold $33,000 -5.7% $30 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $35,000 -- $32 / 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 $1,470 $30,910 $11,830 $19,080
2023 $1,463 $28,080 $10,750 $17,330
2022 $1,462 $28,080 $10,750 $17,330
2021 $1,533 $28,080 $10,750 $17,330
2020 $1,340 $21,570 $10,750 $10,820
2019 $1,340 $21,570 $10,750 $10,820
2018 $211 $2,420 $2,420 $0
2017 $208 $2,420 $2,420 $0
2016 $207 $2,420 $2,420 $0
2015 $207 $2,420 $2,420 $0
2014 $284 $3,920 $3,920 $0
2013 $255 $3,920 $3,920 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Cotrell

    CCR Realtors

    (419) 236-0972

    1 in this area

    4 Total Sales

    Bruce Cotrell
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Source: West Central Association of REALTORS® (OH)

MLS Number: 103579

APN: 36-26-11-04-005.000

Ohio Allen County Lima 45805

Westgate

Homes for Sale in Lima, OH

This home since 27 December 2016 and is currently estimated at $56,129, approximately $50 per square foot. This property was built in 1948. This home is a home located in Allen County with nearby schools including Heritage Elementary School, Lima West Middle School, and Lima North Middle School.

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