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1500 West High Street

1500 West High Street, Lima, OH 45805
Property in Lima
Sold May 06, 2008
$75,000
$74,411 by Taylor Bean & Whitaker Mortgag
Mortgage Due May 01, 2038
Sold Feb 16, 2007
$47,000
$47,000 by The Fort Jennings State Bank
Mortgage
1500 West High Street in Lima, OH was first built in 1926 and is 98 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1500 West High Street has 1,808 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 810 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 430 ft and the linear feet between the front and back of the lot is 1,060. In total, the area measurement of the land is 4,574 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a municipal system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a attached garage. The garage is 226 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1500 West High Street sold most recently in May 6, 2008 for a total of $75,000. If you work out the math, that's approximately a cost of $26.37 per sqft. Before that, the property was also sold for $47,000 in Jan 25, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,395 in taxes each year. 1500 West High Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $32,660. If we break it down further, the land itself was valued at $3,260. Improvements to the property, however, were assessed at a total of $29,400. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 810
  • Garage Type: Attached
  • Garage Square Area: 226
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,574
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,844
  • Gross Building Area: 2,876
  • Building Area: 1,808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,808
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAKLAND PARK PLACE
  • Land Acres: 0.105
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: OAKLAND PARK PLACE LOT 7863 S PT-W SIDE FF 43.00

Ownership

  • Current Owner : ROBINSON MARKETA
  • Previous Owner : PESTER INVESTMENTS LLC
  • Previous Owner 2: PESTER JEREMY
  • Owner Before Previous Owner: DEUTSCHE BANK TRUST COMPANY AMERICAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lima City School District
  • Census Tract: 013000

Geography

  • Assessors Map Reference: M38-0695800
  • District: M38
  • Parcel: 36-3505-08-035.000
  • Lot: 7863
  • Municipality: LIMA CORPORATION
  • Latitude: 40.7416
  • Longitude: -84.1327

    Address

  • Full Address: 1500 W High St
  • Address - House Number: 1500
  • Street Direction: W
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: OH
  • City Name: Lima
  • Carrier Code: C033
  • 4-Digit Zip Code: 2304
  • Zip Code: 45805

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,395
  • Tax Rate Code Area: M38

    Appraisal Valuation

  • Standard Deviation: 0.1454
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 204,394
  • High Value: 234,118
  • Low Value: 174,669

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,411
  • First Open Lien Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • First Open Lien Mortgage Recording Date: May 06, 2008
  • First Open Lien Mortgage Loan Amount: $74,411
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2038

    Market Valuation

  • Market Total Value: $93,300
  • Market Land Value: $9,300
  • Market Improvement Value: $84,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,660
  • Assessed Land Value: $3,260
  • Assessed Improvements Value: $29,400

    Sales

  • Current Sale Contract Date: May 06, 2008
  • Current Sale Recording Date: May 06, 2008
  • Current Sale Transaction ID: 1072715732
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200805060006453
  • Previous Sale Recording Date: Feb 16, 2007
  • Previous Sale Contract Date: Jan 25, 2007
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Limited Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • First Mortgage Transaction Date: May 06, 2008
  • First Mortgage Loan Amount: $74,411
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: THE FORT JENNINGS STATE BANK
  • Previous Mortgage Transaction Date: Feb 15, 2007
  • Previous Mortgage Loan Amount: $47,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Lima



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Frequently Asked Questions

What neighborhood is 1500 West High Street located in?
The 1500 West High Street is a located in the neighborhood of Lima in Lima, Lima.
What is the average sales price for listings in 1500 West High Street?
The average sales price for units in 1500 West High Street is $0 currently.

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