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1311 Virginia Avenue

1311 Virginia Avenue, Lima, OH 45801
Property in Lima
Sold Sep 15, 2022
$110,000
$106,700 by T2 Financial Llc
Mortgage Due Oct 01, 2052
Sold Mar 22, 2019
$89,900
$89,900 by First Federal Bank Of The Midw
Mortgage Due Apr 01, 2049
1311 Virginia Avenue in Lima, OH was first built in 1949 and is 75 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 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1311 Virginia Avenue has 1,452 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 linear feet across the front of the lot is 430 ft and the linear feet between the front and back of the lot is 2,980. In total, the area measurement of the land is 12,807 square feet.

Learn more about the property and building on this page. There is a unknown and 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 detached garage. The garage is 560 sqft. There are a total of 2 available parking spaces. 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 good. 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. 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, 1311 Virginia Avenue sold most recently in Sep 13, 2022 for a total of $110,000. If you work out the math, that's approximately a cost of $75.76 per sqft. Before that, the property was also sold for $89,900 in Mar 21, 2019. 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 $1,477 in taxes each year. 1311 Virginia Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $32,450. If we break it down further, the land itself was valued at $2,770. Improvements to the property, however, were assessed at a total of $29,680. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,807
  • Lot Size Depth Feet: 2,980
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,452
  • Gross Building Area: 1,452
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,452
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAR GARDENS SUBDIVISION
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: WAR GARDENS SUBDIVISION LOT 11729 JOINT TEN FF 43.25

Ownership

  • Current Owner : MUTYA RAE
  • Current Owner 2: CRUZ REY
  • Previous Owner : KEITH MICHAEL B
  • Previous Owner 2: KEITH HEATHER G
  • Owner Before Previous Owner: ROGGE DOLORES E
  • Owner Before Previous Owner 2: ROGGE CHARLES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Elida Local School District
  • Census Tract: 012200

Geography

  • Assessors Map Reference: M37-0007800
  • District: M37
  • Parcel: 36-2412-14-025.000
  • Lot: 11729
  • Municipality: LIMA CORPORATION
  • Latitude: 40.7614
  • Longitude: -84.1151

    Address

  • Full Address: 1311 Virginia Ave
  • Address - House Number: 1311
  • Address - Street Name: Virginia
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Lima
  • Carrier Code: C012
  • 4-Digit Zip Code: 2752
  • Zip Code: 45801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,477
  • Tax Rate Code Area: M37

    Appraisal Valuation

  • Standard Deviation: 0.25
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 49
  • Final Value: 128,801
  • High Value: 161,002
  • Low Value: 96,599

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $112,200
  • First Open Lien Mortgage Lender: T2 FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2022
  • First Open Lien Mortgage Loan Amount: $106,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052
  • Second Open Lien Mortgage Lender: OHIO HOUSING FINANCE AGENCY
  • Second Open Lien Mortgage Recording Date: Sep 15, 2022
  • Second Open Lien Mortgage Loan Amount: $5,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $92,700
  • Market Land Value: $7,900
  • Market Improvement Value: $84,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,450
  • Assessed Land Value: $2,770
  • Assessed Improvements Value: $29,680

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Transaction ID: 11895907766
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10931
  • Previous Sale Recording Date: Mar 22, 2019
  • Previous Sale Contract Date: Mar 21, 2019
  • Previous Sale Amount: $89,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: T2 FINANCIAL LLC
  • First Mortgage Transaction Date: Sep 15, 2022
  • First Mortgage Loan Amount: $106,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052
  • Second Mortgage Lender: OHIO HOUSING FINANCE AGENCY
  • Second Mortgage Transaction Date: Sep 15, 2022
  • Second Mortgage Loan Amount: $5,500

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FEDERAL BANK OF THE MIDW
  • Previous Mortgage Transaction Date: Mar 22, 2019
  • Previous Mortgage Loan Amount: $89,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049

About Lima



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Frequently Asked Questions

What neighborhood is 1311 Virginia Avenue located in?
The 1311 Virginia Avenue is a located in the neighborhood of Lima in Lima, Lima.
What is the average sales price for listings in 1311 Virginia Avenue?
The average sales price for units in 1311 Virginia Avenue is $0 currently.

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