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1609 Reed Rd

Lima, OH 45804

2 bd 1 ba 1,136 sqft Built 1948 Lot 41,382 sqft single_family
Most recent sale
$60,000
Nov 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 20, 2024 Price changed $169,900 WestCentralOH
Feb 2, 2024 Price changed $174,900 WestCentralOH
Nov 22, 2023 Listed $179,900 WestCentralOH
Nov 3, 2023 Sold $60,000 Public Record
Jul 1, 1993 Sold $54,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $32,100 $11,970 $44,070 $2,196
2023 $24,680 $9,210 $33,890 $1,875
2022 $24,680 $9,210 $33,890 $2,556
2021 $24,680 $9,210 $33,890 $2,564
2020 $22,230 $8,860 $31,090 $2,183
2018 $22,230 $8,860 $31,090 $2,174
2017 $22,230 $8,860 $31,090 $2,222
2016 $22,230 $8,860 $31,090 $2,205
2015 $21,490 $8,855 $30,345 $2,154
2014 $14,630 $8,750 $23,380 $1,786
2013 $14,630 $8,750 $23,380 $1,736
2012 $14,630 $8,750 $23,380 $1,622
2011 $16,450 $9,835 $26,285 $1,713
2010 $16,450 $9,835 $26,285 $1,655
2009 $16,450 $9,835 $26,285 $1,646
2008 $21,945 $6,510 $28,455 $1,272
2007 $21,945 $6,510 $28,455 $1,675

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,136 sqft
Lot size
41,382 sqft
ZIP code
45804
City
Lima
Street
Reed Rd
Coordinates
40.69355, -84.12807

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1609 Reed Rd last sell?
1609 Reed Rd most recently sold on Nov 3, 2023 for $60,000.
What is the current tax assessment for 1609 Reed Rd?
The most recent total assessment for 1609 Reed Rd (year 2025) is $44,070 with $2,196 in property tax.
How does 1609 Reed Rd's assessment compare to its last sale price?
The current assessment is 26.6% below the last sale price of $60,000.
When was 1609 Reed Rd built?
1609 Reed Rd was built in 1948.
How does 1609 Reed Rd compare to others on Reed Rd?
We track 8 other properties on Reed Rd. Browse the list under "Other properties on Reed Rd" to compare beds, baths, and sale history.
What are the property facts for 1609 Reed Rd?
1609 Reed Rd is a 2 bed, 1 bath, 1,136 sqft, 41,382 sqft lot single_family.
Is 1609 Reed Rd a flip candidate?
No — 1609 Reed Rd does not appear in our flips dataset.
Is 1609 Reed Rd a tax-appeal candidate?
No — 1609 Reed Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.0%
Implied 1-yr
+28.1%
2026 Q3
$290K
2026 Q4
$304K
ZIP 45804 — Median Price History + Forecast

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