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518 West Wayne Street

518 West Wayne Street, Lima, OH 45801
House in Lima
518 West Wayne Street in Lima, OH was first built in 1935 and is 91 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a property type. For those interested in architecture, the building on the property was built in a . There are a total of 200 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 518 West Wayne Street has 3,272 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 1,570 sqft and has been categorized as a . The linear feet across the front of the lot is 510 ft and the linear feet between the front and back of the lot is 1,820. In total, the area measurement of the land is 9,278 square feet.

Learn more about the property and building on this page. There is a and a . Water for the property is sourced from 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. 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 control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing and being fueled with . The property was last sold in Aug 3, 2022 for $50,000. That's $10.33 per sqft. 518 West Wayne Street was last assessed in 2022. The total value of the property was assessed at $25,240. Specifically, the land the property is located on was valued at $2,940. While improvements on the property were assessed at a total of $22,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $108,176. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220628
06/28/2022
6 Bed
3 Bath
3000 ft²
$39,900
bedrooms
6 Bed
bathrooms
3 Bath
square feet
3000 ft²
-
-
RACHEL SWARTZ
CCR REALTORS
20210802
08/02/2021
6 Bed
3 Bath
3000 ft²
$50,000
bedrooms
6 Bed
bathrooms
3 Bath
square feet
3000 ft²
-
-
RACHEL SWARTZ
CCR REALTORS


Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1990
  • Building Count: 2
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,570
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,278
  • Lot Size Depth Feet: 1,820
  • Lot Size Frontage Feet: 510
  • Total Building Area: 4,842
  • Gross Building Area: 4,892
  • Building Area: 3,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 3
  • Heated Square Feet: 3,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 3
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST ADDITION
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • State Land Use Code: 510
  • Legal Description 1: WEST ADDITION LOT 505 WHOLE-W SIDE FF 51.00

Neighborhood

  • School District Name: Lima City School District
  • Census Tract: 014100

Geography

  • Assessors Map Reference: M38-0220900
  • District: M38
  • Parcel: 36-3605-03-006.000
  • Lot: 505
  • Municipality: LIMA CORPORATION
  • Latitude: 40.7444
  • Longitude: -84.1111

    Address

  • Full Address: 518 W Wayne St
  • Address - House Number: 518
  • Street Direction: W
  • Address - Street Name: Wayne
  • Address - Suffix Type: St
  • State: OH
  • City Name: Lima
  • Carrier Code: C005
  • 4-Digit Zip Code: 4234
  • Zip Code: 45801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $108,176
  • Tax Rate Code Area: M38

    Appraisal Valuation

  • Standard Deviation: 0.25
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 49
  • Final Value: 98,353
  • High Value: 122,942
  • Low Value: 73,763

    Market Valuation

  • Market Total Value: $72,100
  • Market Land Value: $8,400
  • Market Improvement Value: $63,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,240
  • Assessed Land Value: $2,940
  • Assessed Improvements Value: $22,300

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Price:
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 9226
  • Previous Sale Recording Date: Jun 22, 2022
  • Previous Sale Contract Date: Jun 13, 2022
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Lima



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Frequently Asked Questions

What neighborhood is 518 West Wayne Street located in?
The 518 West Wayne Street is a house located in the neighborhood of Lima in Lima, Lima.
What is the average sales price for listings in 518 West Wayne Street?
The average sales price for units in 518 West Wayne Street is $0 currently.