$250,000
SOLD NOV 16, 2021

3798 Mount Vernon Place Lima, OH 45804

6 Beds
-- Bath
1,058 Sq Ft
0.5 Acres

Recently Sold

$236 Per Sq Ft

17% Below List Price

42 Days on Market

About This Home

As of November 2021

Great investment property near college. New roof in 2014. Unit A is 2 bedrooms and 1 bath that rents for $600 per month, has some updates, a 1 car attached garage and new central air in 2021. Unit B is 2 bedrooms and 1.5 baths and rents for $700 per month, has some updates and a 1 car attached garage. Unit C has been completely updated, is 2 bedrooms and 1.5 baths, rents for $850 per month and has a 2 car detached garage. All units have washer and dryer hook-ups. Tenants pay all utilities. Owners provide lawn care and snow removal.

Last Agent to Sell the Property

Temple Wright

Cowan, Realtors License #2005015803 Listed on: 09/21/2021

Last Buyer's Agent

Temple Wright

Cowan, Realtors License #2005015803 Listed on: 09/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,807

Year Built

  • Built in 1973

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 6 Bedrooms
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units
  • University Heights Community

Listing and Financial Details

  • Assessor Parcel Number 37-3412-05-009.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,807

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .50Ac
  • Directions: SR 309 tp Mumaugh Rd.
  • Unit Levels: Two
  • Year Built: 1973
  • Location Property Info:Zoning2: Residential
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 37-3412-05-009.000
  • Tax Info:Tax Annual Amount: 3806.9
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: .50Ac
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 3
  • Unit 1 Info Sq Ft: 1350
  • Levels:Two2: Yes
  • Location Property Info:Condominium Name: University Heights
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes
  • Unit 1 Features:Dishwasher2: Yes
  • Unit 2 Features:Dishwasher3: Yes
  • Unit 3 Features:Dishwasher4: Yes

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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: Bath

Lot Info

  • Land Lease: No
  • Parcel #: 37-3412-05-009.000
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3806.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 16, 2021
Sold by
Pitson Matthew S and Pitson Amanda K
Bought by
Arh Investments Llc
Seller's Agent
Temple Wright
Cowan, Realtors
Buyer's Agent
Temple Wright
Cowan, Realtors
List Price
$299,900
Sold Price
$250,000
Premium/Discount to List
-$49,900
-16.64%
Current Estimated Value
$270,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,535
Avg. Annual Appreciation
-0.25%

Purchase Details

Listed on
Nov 5, 2015
Closed on
Oct 6, 2016
Sold by
Ferguson Sherman Melinda and Ferguson Michael
Bought by
Pitson Matthew S and Pitson Amanda K
Seller's Agent
CHRISTINE FLEISCHMAN
Cowan, Realtors
Buyer's Agent
Temple Wright
Cowan, Realtors
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$157,500
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 13, 2007
Sold by
Ferguson Charles H and Ferguson Katharine Thelma
Bought by
Ferguson Melinda and Ferguson Michael

Purchase Details

Closed on
Mar 1, 1974
Bought by
Ferguson Charles H
Source: Public Records

Similar Home in Lima, OH

  • 2302 Lakewood Ave, Lima, OH 45805

    $225,000

    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft
    • 2302 Lakewood Ave
    • Lima, OH

    WELCOME TO 2302-2304 LAKEWOOD AVENUE. FANTASTIC INVESTMENT. ALL BRICK DUPLEX OFFERS 2 BEDROOMS AND 1 BATH WITH BLOCK BASEMENT. EXCELLENT CONDITION AND OPPORTUNITY. 2304 IS A FULLY FURNISHED CORPORATE RENTAL THAT LEASED FOR $1,400 A MONTH WITH OWNER PAYING ALL UTILITIES. 2302 IS CURRENTLY RENTED FOR $1,200 PER MONTH WITH OWNER PAYING ALL UTILITIES (MONTH TO MONTH)

    Debbie Lane Berkshire Hathaway Professional Realty

    Section Image
See All Homes in Lima

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 None Available
Survivorship Deed $160,000 None Available
Interfamily Deed Transfer -- None Available
Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $157,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $250,000 -16.6% $236 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $299,900 +87.4% $283 / Sq Ft
10/11/2016 10/11/16 Sold $160,000 0.0% $151 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
11/05/2015 11/05/15 For Sale $160,000 -- $151 / 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 $4,390 $98,000 $14,980 $83,020
2023 $3,899 $84,500 $12,920 $71,580
2022 $3,943 $84,500 $12,920 $71,580
2021 $4,833 $103,330 $12,920 $90,410
2020 $3,899 $76,060 $12,220 $63,840
2019 $3,899 $76,060 $12,220 $63,840
2018 $3,808 $76,060 $12,220 $63,840
2017 $3,811 $76,060 $12,220 $63,840
2016 $3,708 $76,060 $12,220 $63,840
2015 $3,707 $76,060 $12,220 $63,840
2014 $3,805 $75,330 $11,730 $63,600
2013 $3,816 $75,330 $11,730 $63,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Temple Wright

    Cowan, Realtors

    (419) 234-8875

    84 Total Sales

    Temple Wright
    Section Image
  • CHRISTINE FLEISCHMAN

    Seller's Agent in 2016

    CHRISTINE FLEISCHMAN

    Cowan, Realtors

    (419) 773-1267

    14 Total Sales

    CHRISTINE FLEISCHMAN
    Section Image
See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 206485

APN: 37-34-12-05-009.000

Ohio Allen County Lima 45804

3798 Mount Vernon Place, Lima, OH

This home is located at 3798 Mount Vernon Place, Lima, OH 45804 and is currently priced at $250,000, approximately $236 per square foot. This property was built in 1973. 3798 Mount Vernon Place is a home located in Allen County with nearby schools including Bath Elementary School, Bath Middle School, and Bath High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes