2 days on Rocket
$534 Closing Credit¹
#9066769, Daniel Amaro, Listing Office: E-Merge Real Estate Champions
$45,000 List price
508 N Collett St Lima, OH 45805
$534
Closing credit¹
2 beds
1 full
945 sqft
$48 / sqft
House
Property details
About 508 N Collett St
LIST PRICE IS THE STARTING BID: ONLINE AND LIVE AUCTION Auction Date: May 24th at 11:30 AM (Doors Open at 10:30 AM) Live Auction Location: 1920 Roschman Ave, Lima, OH 45804 Part of a 55-Property Investment Portfolio! Offers are encouraged prior to the auction — seller reserves the right to accept an offer before auction day. Property is currently rented at $600 per month, with market rent estimated at $1,177 per month — strong cash flow potential from day one. Submit your offer early or join us online or in person to bid! Auction Terms: 10% non-refundable deposit due on auction day. Balance due within 45 days. Arrange all financing and inspections prior to bidding. Announcements made on auction day will take precedence over all prior communications. Don't miss out — whether you're growing your rental portfolio or looking for immediate income potential, this property — and the full portfolio — offers rare opportunities at scale. Act now or be ready to bid!
Highlights
Home typeSingle Family Residence
HeatingBaseboard
StatusActive
Size945 sqft
BasementYes
Year built1920
ParkingGravel
MLS #9066802
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Gravel
- Architectural Style: Story & 1/2
- Heating: Baseboard
- List Price: $45,000
- Price/SqFt: $47
- Annual Tax Amount: $513
- Tax Year: 2023
- Directions: On Collett St
- Year Built: 1920
- Stories: 2
- Living Area: 945 SqFt
- MLS Number: 9066802
- MLS Name: MansfieldOH
- Office Name: E-Merge Real Estate Champions
- Office Phone: (614) 678-5505
- Listing Agent: Tyler Miller
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 9:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$45,000
508 N Collett St
$534
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 29, 2022 | Home Sold | $392,000 |
| Dec 18, 1997 | Home Sold | $203,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $11,140 | $513 |
| 2022 | $11,140 | $593 |
| 2021 | $11,140 | $543 |
| 2020 | $9,870 | $541 |
| 2019 | $9,870 | $542 |
| 2018 | $9,870 | $537 |
| 2017 | $9,870 | $544 |
History based on county public records data.
Nearby schools
3
Heritage Elementary School
Public District PK-4
0.4 mi
•816 College Ave
4
Independence Elementary School
Public District PK-4
0.6 mi
•615 Tremont Ave
3
Freedom Elementary School
Public District PK-4
1.7 mi
•575 Calumet Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,023. The most common annual income of people living in Lima, OH is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
64%
<35k
36%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
48%
Single, No Kids
25%
Single, with Kids
13%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 508 N Collett St
The listing price of 508 N Collett St property is $45,000.
The property 508 N Collett St is a house located in Lima, Ohio, 45805.
Active Listing: 508 N Collett St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 508 N Collett St are: Heritage Elementary School (GreatSchools Rating 3/10), Independence Elementary School (GreatSchools Rating 4/10), Freedom Elementary School (GreatSchools Rating 3/10), Heir Force Community School (GreatSchools Rating 4/10), Lima North Middle School (GreatSchools Rating 2/10), Liberty Arts Magnet K-8 (GreatSchools Rating 4/10), West Central Learning Academy II (GreatSchools Rating 3/10), Lima Senior High School (GreatSchools Rating 2/10), Bath High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $513 (source: MLS/based on county public records data).
The last sale was on March 29, 2022 for $392,000 (source: MLS/tax record).
The property at 508 N Collett St has 2 bedrooms and 1 bathroom.
The property 508 N Collett St is 945 SqFt (source: MLS/tax record).
The year of construction for 508 N Collett St is 1920.
This home is located at 508 N Collett St in Lima, OH and zip code 45801. This 945 square foot home was built in 1920. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $45,000.
Lima, OH housing market in April 2025 saw over 20 listings sold above listed price, more than 20 sold at listed price and over 50 sold below. The inventory of homes for sale in Lima, OH between March and April 2025 increased by 30.3%. Listings spent 53 days on the market in April 2025, and had a median list price of $180,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.