Sold for $118,900

$118,900

828 Richie Ave, Lima, OH 45801

5beds

2,464sqft

Multi Family

Built in 1938

-- sqft lot

$146,200 Zestimate^®

$48/sqft

$1,038 Estimated rent

Home value

$146,200

$130,000 - $162,000

$1,038/mo

Zestimate^® history

Owner options

List your home for rent

$1,038/mo

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$1,038/mo

Rent Zestimate^®

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$613/mo

Est. payment

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$613/mo

Est. payment

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What's special

828 Richie Ave Lima downstairs rent with garage is $990 / month. Upstairs rent is $940/month. The landlord pays approximately $200-250 in utilities monthly. Both units are very well maintained and not in need of repairs. Tenants both would like to stay. Rent is deposited monthly into landlords account and the utilities are pulled from the account by the city monthly. Lawn care and trash is taken care of by the tenants. This is truly a hands off operation. With a capitalization rate of over 16% this property wont last long! Reach out today for a showing.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

See Remarks

Cooling

See Remarks

Features

Basement: Unfinished

Interior area

Total structure area: 2,464
Total interior livable area: 2,464 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Attached, Garage
Attached garage spaces: 2

Features

Levels: Multi/Split

Lot

Size: 7,200 Square Feet
Dimensions: 48 x 150

Details

Parcel number: 36251211022.000
Zoning description: Residential
Special conditions: Real Estate Owned

Construction

Type & style

Home type: MultiFamily
Architectural style: See Remarks
Property subtype: Multi Family

Materials

See Remarks
Foundation: See Remarks

Condition

Year built: 1938

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Crites & Mell Midway Addition

HOA

Has HOA: No

Location

Region: Lima

Financial & listing details

Price per square foot: $48/sqft
Tax assessed value: $66,200
Annual tax amount: $883
Date on market: 9/29/2023
Listing terms: 1031 Exchange,Cash,Conventional
Tenant pays: See Remarks

Price history

Date	Event	Price
7/2/2026	Listing removed	$950
Source: Zillow Rentals Report a problem
6/3/2026	Listed for rent	$950
Source: Zillow Rentals Report a problem
11/15/2023	Sold	$118,900$48/sqft
Source: WCAR OH #302216 Report a problem
11/13/2023	Pending sale	$118,900$48/sqft
Source: WRIST #1027932 Report a problem
10/13/2023	Contingent	$118,900$48/sqft
Source: WRIST #1027932 Report a problem
10/6/2023	Price change	$118,900-59.7%$48/sqft
Source: WRIST #1027932 Report a problem
9/26/2023	Listed for sale	$295,000+247.1%$120/sqft
Source: WRIST #1027932 Report a problem
3/30/2023	Listing removed	--
Source: Owner Report a problem
1/17/2023	Listed for sale	$85,000-15%$34/sqft
Source: Owner Report a problem
2/4/2022	Listing removed	--
Source: Owner Report a problem
10/18/2021	Listed for sale	$100,000+100%$41/sqft
Source: Owner Report a problem
4/6/2021	Sold	$50,000-28.5%$20/sqft
Source: WCAR OH #201820 Report a problem
3/17/2021	Pending sale	$69,900$28/sqft
Source: WCAR OH #201820 Report a problem
3/15/2021	Listing removed	--
Source: WCAR OH Report a problem
3/13/2021	Contingent	$69,900$28/sqft
Source: WCAR OH #201820 Report a problem
6/15/2020	Listed for sale	$69,900+66.4%$28/sqft
Source: SUPERIOR PLUS REALTORS #201820 Report a problem
8/27/2014	Sold	$42,000-24.9%$17/sqft
Source: Public Record Report a problem
4/24/2014	Price change	$55,900-6.7%$23/sqft
Source: Oakridge Realty Co. #93538 Report a problem
1/24/2014	Listed for sale	$59,900$24/sqft
Source: Oakridge Realty Co. #93538 Report a problem
10/1/2013	Listing removed	$59,900$24/sqft
Source: REAL LIVING CCR, REALTORS® #91749 Report a problem
8/24/2013	Price change	$59,900-3.2%$24/sqft
Source: REAL LIVING CCR, REALTORS® #91749 Report a problem
6/11/2013	Listed for sale	$61,900$25/sqft
Source: REAL LIVING CCR, REALTORS® #91749 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$866 -1.5%	$23,180 +14.1%
2023	$879 -0.5%	$20,310
2022	$883 -5.7%	$20,310
2021	$936 -16.4%	$20,310 -2.2%
2020	$1,120 +4.6%	$20,760
2019	$1,070 -36.9%	$20,760
2018	$1,696 +57.9%	$20,760
2017	$1,074 -1.3%	$20,760
2016	$1,088 -2.2%	$20,760
2015	$1,113 +67.5%	$20,760 -0.2%
2014	$665 -4.9%	$20,800
2013	$699 +8.3%	$20,800
2012	$645 +7.4%	$20,800 -5.1%
2011	$600 +2.8%	$21,920
2010	$584 +12.9%	$21,920
2009	$517 -18.4%	$21,920 -11.7%
2008	$634 -35.7%	$24,820
2007	$985 -26.8%	$24,820 +0%
2006	$1,346 +5.4%	$24,815 +9.9%
2005	$1,277 -2%	$22,575
2004	$1,303	$22,575
2003	$1,303 +37.7%	$22,575 +35.8%
2002	$946 -1.3%	$16,625
2001	$959	$16,625
2000	$959 +4.8%	$16,625 +4.9%
1999	$915	$15,855