NOT LISTED FOR SALE

Lima, OH 45801

Central Lima Neighborhood

Estimated Value: $204,965

6 Beds
4 Baths
2,528 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 09, 2016

Last sale price $105,000 $42 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,098/month

173 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Baseboard Heating
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2016

Great investment opportunity. Good cash flow. New roof 2013. Newer furnace. New AC units on outside apartments. Some renters already in place. Parking off the alley and also street parking. Good neighborhood. Low maintenance. This 4 unit complex can be bundled with a 4 unit complex on High Street for one great price. This complex will not last lond so call today for an appointment to see the complex and start that road to financial Independence today,Roof replaced within 1-5 years

Last Agent to Sell the Property

Bruce Binkley

CCR Realtors License #2009002357 Listed on: 03/02/2016

Last Buyer's Agent

Tim Carder

Ccr Realtors License #2008001781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1966

Lot Details

  • 7,492

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation

Parking

  • 1 Parking Space
  • On-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Private Sewer
  • Cable TV Available

Additional Features

  • 6 Bedrooms
  • Porch

Listing and Financial Details

  • Tenant pays for cable TV, cooling, electricity
  • The owner pays for grounds care, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 36-2512-12-009.000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Midway Addition Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .172
  • Subdivision Name: Midway Addition
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1966
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-2512-12-009.000
  • Tax Info:Tax Annual Amount: 1982.88
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Foundation:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • General Property Info:Lot Size Dimensions: .172
  • General Property Info:Land Lease YN: No
  • Utilities:Cable Available: Yes
  • General Property Info:_pound_ Of Units Total: 4
  • Unit 1 Info Sq Ft: 632
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Location Property Info:Lease Term3: Month To Month
  • 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
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays:Snow Removal2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Grounds Care, Sewer, Snow Removal, Trash Collection, Water
  • Total Bedrooms: 6

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Varies by Unit
  • Parking Features:On Street: Yes
  • Parking Features:Varies by Unit2: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1
  • Unit 3 Info:Parking Total5: 1
  • Unit 4 Info:Parking Total6: 1

Utilities

  • Cooling: Central Air, None
  • Cooling Y N: No
  • Heating: Forced Air, Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Baseboard: 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 #: 36-2512-12-009.000

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Cooling, Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1982.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Nov 4, 2016
Sold by
Bacon Brian T and Bacon Karen
Bought by
Coleman Professional Services Inc
Seller's Agent
Bruce Binkley
CCR Realtors
Buyer's Agent
Tim Carder
Ccr Realtors
List Price
$105,000
Sold Price
$105,000
Current Estimated Value
$204,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,965
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Dec 7, 2005
Sold by
Tisch Mark L and Tisch Deborah L
Bought by
Bacon Barian T

Purchase Details

Closed on
Mar 29, 2005
Sold by
Waters Randy B and Waters Nicole
Bought by
Tisch Mark L and Tisch Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2000
Sold by
Montgomery Craig L
Bought by
Waters Randy B and Waters Nicole

Purchase Details

Closed on
Jun 30, 1988
Bought by
Montgomery Craig L
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
Coleman Professional Services Inc $105,000 None Available
Bacon Barian T $100,000 None Available
Tisch Mark L $89,900 None Available
Waters Randy B $73,000 --
Montgomery Craig L $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tisch Mark L $80,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2016 11/09/16 Sold $105,000 0.0% $42 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $105,000 -- $42 / 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 $137 $34,200 $3,850 $30,350
2023 $135 $31,080 $3,500 $27,580
2022 $1,659 $31,080 $3,500 $27,580
2021 $1,740 $31,080 $3,500 $27,580
2020 $1,932 $32,030 $4,900 $27,130
2019 $1,932 $32,030 $4,900 $27,130
2018 $1,902 $32,030 $4,900 $27,130
2017 $1,892 $32,030 $4,900 $27,130
2016 $1,920 $32,030 $4,900 $27,130
2015 $1,983 $32,030 $4,900 $27,130
2014 $2,177 $36,540 $4,900 $31,640
2013 $2,106 $36,540 $4,900 $31,640
Source: Public Records

Agents Affiliated with this Home

  • Bruce Binkley

    Seller's Agent in 2016

    Bruce Binkley

    CCR Realtors

    (567) 644-9893

    20 Total Sales

    Bruce Binkley
    Section Image

  • T

    Buyer's Agent in 2016

    Tim Carder

    Ccr Realtors

    (419) 234-2075

    3 in this area

    6 Total Sales

    Tim Carder
    Section Image
See All Agents

Source: West Central Association of REALTORS® (OH)

MLS Number: 100558

APN: 36-25-12-12-009.000

Ohio Allen County Lima 45801

Central Lima

This home since 02 March 2016 and is currently estimated at $204,965, approximately $81 per square foot. This property was built in 1966. This home 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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