NOT LISTED FOR SALE

Lima, OH 45805

Central Lima Neighborhood

Estimated Value: $89,000 - $110,455

4 Beds
2 Baths
2,268 Sq Ft
$45/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $25,000 $11 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $613/month

284 Days on Market

About This Home

As of June 2016

Buy a group of 3 homes for $79,000! Great investment opportunity exist with this two story duplex home. Each two bedroom unit has over 1100 square feet of living space. Call to set up a tour today!

Last Agent to Sell the Property

Tony Nichols

CCR Realtors License #2006000815 Listed on: 08/18/2015

Last Buyer's Agent

Tony Nichols

CCR Realtors License #2006000815 Listed on: 08/18/2015

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,447

Parking

  • 1 Parking Space

Home Design

  • Block Foundation
  • HardiePlank Type

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for sewer, water
  • Assessor Parcel Number 36-2511-01-015.000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .148 AC
  • Unit Levels: Two
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-2511-01-015.000
  • Tax Info:Tax Annual Amount: 982.26
  • Remarks Misc:Private Remarks2: Tenant occupied. Please contact Tony Nichols for all showings @ 419-303-6584
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: .148 AC
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 2
  • Levels:Two2: Yes
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • 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
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Full
  • Total Bedrooms: 4
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, See Remarks
  • Parking Features:Other20: Yes
  • Parking Features:See Remarks13: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • 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 #: 36-2511-01-015.000

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 982.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2015
Closed on
Jun 21, 2016
Sold by
Kata Investments Llc
Bought by
4J Property Management Llc
Seller's Agent
Tony Nichols
CCR Realtors
Buyer's Agent
Tony Nichols
CCR Realtors
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$102,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,614
Avg. Annual Appreciation
15.94%
Original Mortgage
$18,765
Outstanding Balance
$14,935
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$87,679

Purchase Details

Closed on
Sep 6, 2013
Sold by
Luchini Kimberly A
Bought by
Kata Investments Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Luchini Vincent G and Luchini Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,167
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2007
Sold by
Milliner Christopher R and Milliner April
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Nov 2, 2005
Sold by
Milliner Christopher R
Bought by
Ricardo Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 13, 2005
Sold by
Waters Randy B and Waters Nicole
Bought by
Milliner Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2001
Sold by
Lyons Jeffrey L
Bought by
Waters Randy B

Purchase Details

Closed on
Dec 4, 1996
Sold by
Bresson Todd
Bought by
Lyons Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.91%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 3, 1993
Sold by
Sreenan John
Bought by
Sreenan Jill

Purchase Details

Closed on
Dec 1, 1976
Bought by
Bresson James M
Source: Public Records
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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
4J Property Management Llc $25,000 None Available
Kata Investments Llc -- None Available
Luchini Vincent G $21,000 Landcastle Title
Jpmorgan Chase Bank Na $28,000 None Available
Ricardo Properties Ltd -- None Available
Milliner Christopher R $65,500 None Available
Waters Randy B $50,000 --
Lyons Jeffrey $41,500 --
Sreenan Jill $25,500 --
Bresson James M $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4J Property Management Llc $18,765
Previous Owner Luchini Vincent G $25,167
Previous Owner Milliner Christopher R $65,500
Previous Owner Lyons Jeffrey $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $25,000 0.0% $11 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
08/18/2015 08/18/15 For Sale $25,000 -- $11 / 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 $906 $23,980 $2,490 $21,490
2023 $909 $21,040 $2,170 $18,870
2022 $913 $21,040 $2,170 $18,870
2021 $968 $21,040 $2,170 $18,870
2020 $925 $17,750 $2,100 $15,650
2019 $925 $17,750 $2,100 $15,650
2018 $921 $17,750 $2,100 $15,650
2017 $928 $17,750 $2,100 $15,650
2016 $940 $17,750 $2,100 $15,650
2015 $935 $17,260 $2,100 $15,160
2014 $1,202 $22,680 $2,240 $20,440
2013 $1,170 $22,680 $2,240 $20,440
Source: Public Records

Agents Affiliated with this Home

  • Tony Nichols

    Seller's Agent in 2016

    Tony Nichols

    CCR Realtors

    (419) 303-6584

    23 Total Sales

    Tony Nichols
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Source: West Central Association of REALTORS® (OH)

MLS Number: 98827

APN: 36-25-11-01-015.000

Ohio Allen County Lima 45805

Central Lima

Not Listed for Sale

MultiFamily

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