1252 Fairgreen Ave Lima, OH 45805

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3 beds · 1 bath · 1,924 sq ft · Lot Size: 24,306 sq ft · Single Family Home
Est. Property Value: $249,675

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1252 Fairgreen Ave is in the 45805 neighborhood of Lima, OH. It is located in Allen County and ZIP code 45805. This Single Family Home was built in 1958 and is approximately 67 years old. The single family home spans 1924 sq ft with 3 bedrooms and 1 bathroom and sits on a 24306 sq ft lot. According to public records, it was sold for $87,000 and has a tax-assessed value of $119,300, which is $130 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1252 Fairgreen Ave Lima, OH 45805 with Property Intel by Whitepages.

Owners & Occupancy for 1252 Fairgreen Ave

This property is owned by Sandy D Dotson. Owner contact information includes 8 phone numbers and 5 email addresses.

Property Owners

Cell Phone(567) ***-****View Cell Phone
Residence********
Landline(606) 432-1525
Distance from Property**********
Email Address************@bellsouth.netView Email
Cell Phone(419) ***-****View Cell Phone
Residence********
Landline(419) 999-6554
Distance from Property**********
Email Address*******@live.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 26
Resident 2*************** age 54
Resident 3************** age 60

Property Financials for 1252 Fairgreen Ave

1252 Fairgreen Ave, Lima, OH has no known mortgage. The Allen county assessment for 2023 values it at $119,300, with annual taxes of $3,239.

Property Tax

Property Tax Amount$3,239 in 2023
Purchase Price$87,000
Assessed Value$119,300 on 2023

Investment Potential for 1252 Fairgreen Ave

The property has a current estimated value of $249,675, which is 52% above the zip median, based on public records. It last sold for $87,000. Projected long-term
is $24,000 annually ($2,000 per month) with a 91% occupancy rate.

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Long-Term

Gross Rental
$24,000 per year($2,000 per month)
Net Operating Income
Cap Rate
Occupancy Rate
91%in 45805 zip code
 
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Property Details for 1252 Fairgreen Ave

Property Details

Property Sq Ft

Living Area

1,924 sq ft

22% above market

Lot Size

24,306 sq ft

126% above market

Price Per Sq Ft

Living Area

$130 / sq ft

21% above market

Lot Size Area

$10 / sq ft

34% below market

Property condition, age, exterior, etc. for 1252 Fairg…
Longitude: -84.212001 Latitude: 40.69472 Parcel Number (APN): 46-18-01-02-003.000…

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Market Benchmarks

Compare data for 1252 Fairgreen Ave in Allen County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$249,675
$205,751
$43,925 (21%)
$315,938
$176,289 (56%)
YoY Price Change
3.15%
141%
Year Built
1958
1962
-4 years
Living Space
1,924 sq ft
1,501 sq ft
423 (28%)
$ Per Living Sq Ft
$130
$138
-$9 (-6%)
Lot Size
24,306 sq ft
11,282 sq ft
13024 (115%)
$ Per Lot Sq Ft
$10
$17
-$6 (-38%)

Net Operating Income
$15,247
$481 (3%)
Annual Revenue
$24,000
$22,800
$1,200 (5%)
$7,113
$1,159 (16%)
Net Operating Income
$15,247
$481 (3%)
Cap Rate
7.33%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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