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715 West Lima Avenue

715 West Lima Avenue, Ada, OH 45810
Property in Liberty
Sold Sep 16, 2014
$140,000
$157,937 by Us Bank National Association
Mortgage Due Dec 26, 2036
Sold Mar 21, 2005
$7,000
$144,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2035
715 West Lima Avenue in Ada, OH was first built in 1978 and is 46 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 715 West Lima Avenue has 1,432 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 816 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 960 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 13,920 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of shingle (not wood). Water for the property is sourced from a municipal system. The home is connected to a municipal 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. 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 exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. 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 electric heaters and being fueled with electricity. The property was last sold in Sep 16, 2014 for $140,000. That's $97.77 per sqft. Prior to that sales transaction, the property was also sold in Mar 16, 2005 for $7,000. 715 West Lima Avenue was last assessed in 2022. The total value of the property was assessed at $60,800. Specifically, the land the property is located on was valued at $6,920. While improvements on the property were assessed at a total of $53,880. 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 $2,879. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 816
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,920
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 960
  • Total Building Area: 1,432
  • Building Area: 1,432
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,432
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTWOOD HTS
  • Land Acres: 0.319
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: WESTWOOD HTS SUB DIV 4

Ownership

  • Current Owner : MORGAN BRUCE A
  • Current Owner 2: MORGAN ANITA RAE
  • Previous Owner : COURTNEY JUSTIN F
  • Owner Before Previous Owner: RENTERIA MARIO LUIS
  • Owner Before Previous Owner 2: RENTERIA THELMA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ada Exempted Village School District
  • School Tax School District: ADA
  • Census Tract: 000402

Geography

  • District: 25
  • Parcel: 25-240073.0000
  • Municipality: LIBERTY TWP
  • Latitude: 40.7618
  • Longitude: -83.834

    Address

  • Full Address: 715 W Lima Ave
  • Address - House Number: 715
  • Street Direction: W
  • Address - Street Name: Lima
  • Address - Suffix Type: Ave
  • State: OH
  • City Name: Ada
  • Carrier Code: R002
  • 4-Digit Zip Code: 1616
  • Zip Code: 45810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,879

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 308,083
  • High Value: 378,659
  • Low Value: 237,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,937
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jan 21, 2022
  • First Open Lien Mortgage Loan Amount: $157,937
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 26, 2036

    Market Valuation

  • Market Total Value: $173,710
  • Market Land Value: $19,770
  • Market Improvement Value: $153,940

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,800
  • Assessed Land Value: $6,920
  • Assessed Improvements Value: $53,880

    Sales

  • Current Sale Contract Date: Sep 16, 2014
  • Current Sale Recording Date: Sep 16, 2014
  • Current Sale Transaction ID: 1206622507
  • Current Sale Price: $140,000
  • Current Sale Document Type: Survivorship Deed
  • Current Sale Input Document Number: 201400078072
  • Previous Sale Recording Date: Mar 21, 2005
  • Previous Sale Contract Date: Mar 16, 2005
  • Previous Sale Amount: $7,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Sep 16, 2014
  • First Mortgage Loan Amount: $144,620
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Mar 21, 2005
  • Previous Mortgage Loan Amount: $144,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Ada



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Frequently Asked Questions

What neighborhood is 715 West Lima Avenue located in?
The 715 West Lima Avenue is a located in the neighborhood of Liberty in Ada, Ada.
What is the average sales price for listings in 715 West Lima Avenue?
The average sales price for units in 715 West Lima Avenue is $0 currently.

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