This charming home has been configured as two-family property in a prime location. It offers the perfect opportunity to live comfortably and invest smartly. Leverage conventional financing to occupy one unit while renting the other, creating income or a financial safety net. Or, perfect for extended family. Or, the home could be easily reconfigured as single-family home. Or, Both units are flexible for short and long-term rentals. Regardless, the meticulously maintained property features a low-maintenance concrete exterior, a spacious concrete front porch, and a secure concrete garage with an additional covered porch area. Mature trees and a backyard backing onto Faurot Park provide tranquility and privacy, with easy access to park amenities. Upper Unit (1535 Lakewood): An inviting landing area leads into an expansive living room. Relax or entertain on your private screened and covered deck. The modern kitchen with essential appliances flows into three spacious bedrooms. Two full baths offer convenience for everyone. Lower Unit (1537 Lakewood): This unit boasts an inviting living room, perfect for entertaining, and a formal dining room with an elegant bow window. The functional kitchen is equipped with all the necessities. Two well-sized bedrooms and a full bath complete this comfortable living space. Both units feature refinished hardwood floors and replacement windows, ensuring comfort and energy efficiency. Don't miss this chance to own prime real estate!
Sold for $275,000
$275,000
1535 Lakewood Ave, Lima, OH 45805
5beds
3,560sqft
Single Family Residence
Built in 1911
0.53 Acres Lot
$295,600 Zestimate®
$77/sqft
$3,150 Estimated rent
Home value
$295,600
$216,000 - $405,000
$3,150/mo
Zestimate® history
Owner options
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$3,150/mo
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$3,150/mo
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$1,749/mo
Est. payment
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$1,749/mo
Est. payment
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List your homeWhat's special
Spacious bedroomsFunctional kitchenInviting landing areaMature treesFormal dining roomAdditional covered porch areaRefinished hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Tim Stanford 419-230-2421,
Superior Plus Realtors
Bought with:
Chris Pocza, 2022007428
Cowan, Realtors
Source: WCAR OH,MLS#: 304625
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: First
- Area: 140 Square Feet
- Dimensions: 14 x 10
Bedroom 1
- Level: Second
- Area: 140 Square Feet
- Dimensions: 14 x 10
Bedroom 2
- Level: First
- Area: 143 Square Feet
- Dimensions: 13 x 11
Bedroom 2
- Level: Second
- Area: 195 Square Feet
- Dimensions: 15 x 13
Bedroom 3
- Level: Third
- Area: 432 Square Feet
- Dimensions: 24 x 18
Dining room
- Description: With Bow Window
- Level: First
- Area: 208 Square Feet
- Dimensions: 16 x 13
Kitchen
- Level: First
- Area: 247 Square Feet
- Dimensions: 19 x 13
Kitchen
- Level: Second
- Area: 209 Square Feet
- Dimensions: 19 x 11
Living room
- Level: First
- Area: 208 Square Feet
- Dimensions: 16 x 13
Living room
- Level: Second
- Area: 462 Square Feet
- Dimensions: 33 x 14
Other
- Description: screened porch
- Level: Second
- Area: 120 Square Feet
- Dimensions: 12 x 10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Oven, Range, Refrigerator, See Remarks
Features
- Flooring: Hardwood, See Remarks
- Basement: Full,Block,Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 3,560
- Total interior livable area: 3,560 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Levels: Three Or More,Two
- Patio & porch: Covered, Deck, Enclosed, Patio, Porch, Screened
- Exterior features: See Remarks
Lot
- Size: 0.53 Acres
- Dimensions: 108 x 200
- Features: Rolling Slope, Shaded Lot, Wooded
Details
- Additional structures: Garage(s)
- Parcel number: 36351201005.000
- Zoning description: Residential
- Special conditions: Fair Market
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
- Foundation: See Remarks
Condition
- Updated/Remodeled
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Subdivision: Lakewood Subdivision
HOA
- Has HOA: No
Location
- Region: Lima
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $178,300
- Annual tax amount: $2,021
- Date on market: 1/24/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $275,000$77/sqft |
Source:  WCAR OH #304625 Report a problem | ||
| 1/24/2025 | Pending sale | $275,000$77/sqft |
Source: WCAR OH #304625 Report a problem | ||
| 12/7/2024 | Price change | $275,000-3.5%$77/sqft |
Source: WCAR OH #304625 Report a problem | ||
| 9/18/2024 | Price change | $285,000-3.4%$80/sqft |
Source: WCAR OH #304625 Report a problem | ||
| 7/24/2024 | Listed for sale | $295,000+9.3%$83/sqft |
Source: WCAR OH #304625 Report a problem | ||
| 3/15/2023 | Sold | $270,000$76/sqft |
Source: Public Record Report a problem | ||
| 12/21/2020 | Sold | $270,000$76/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,209 +5.7% | $62,410 +23% |
| 2023 | $2,091 -0.6% | $50,760 |
| 2022 | $2,104 -5.9% | $50,760 |
| 2021 | $2,236 -16.5% | $50,760 -6.1% |
| 2020 | $2,679 -0.2% | $54,040 |
| 2019 | $2,683 +1.1% | $54,040 |
| 2018 | $2,653 +6.5% | $54,040 +8.3% |
| 2017 | $2,492 -1.1% | $49,910 +0.1% |
| 2016 | $2,520 -2.6% | $49,840 |
| 2015 | $2,587 +9.5% | $49,840 +8.8% |
| 2014 | $2,362 +2.8% | $45,790 |
| 2013 | $2,298 +0.5% | $45,790 |
| 2012 | $2,287 +7.7% | $45,790 -8.8% |
| 2011 | $2,124 +2.8% | $50,190 |
| 2010 | $2,066 +4.1% | $50,190 |
| 2009 | $1,985 -4.2% | $50,190 -3.6% |
| 2008 | $2,072 -0.4% | $52,090 |
| 2007 | $2,081 -26.3% | $52,090 +0% |
| 2006 | $2,824 +9.5% | $52,080 +14.2% |
| 2005 | $2,580 +2.9% | $45,605 +5% |
| 2004 | $2,507 | $43,435 |
| 2003 | $2,507 | $43,435 |
Find assessor info on the county website
Neighborhood: 45805
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Nearby schools
GreatSchools rating
- 3/10Heritage Elementary SchoolGrades: PK-4Distance: 1 mi
- 5/10Liberty Arts Magnet K-8Grades: K-8Distance: 1 mi
- 2/10Lima Senior High SchoolGrades: 9-12Distance: 1.8 mi
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- Ohio
- Allen County
- Lima
- 45805
- 1535 Lakewood Ave
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