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2440 Spring St

Lima, OH 45805

3 bd 1 ba 1,132 sqft Built 1953 single_family
Most recent sale
$98,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 14, 2022 Sold $98,000 Public Record
Jul 13, 2022 Sold $98,000 WestCentralOH
May 25, 2022 Price changed $109,000 MLS #207397
May 6, 2022 Price changed $114,000 MLS #207397
Jan 28, 2022 Listed $119,000 MLS #207397
Sep 26, 2016 Sold $45,000 Public Record
Sep 9, 2016 Sold $45,000 WestCentralOH
Jul 7, 2016 Listed $54,900 MLS #102007
Jul 1, 1994 Sold $53,000 Public Record
May 15, 1992 Sold $43,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $26,500 $7,460 $33,960 $1,243
2023 $19,250 $5,250 $24,500 $1,073
2022 $19,250 $5,250 $24,500 $1,071
2021 $19,250 $5,250 $24,500 $1,128
2020 $18,830 $4,970 $23,800 $1,243
2019 $18,830 $4,970 $23,800 $1,243
2018 $18,830 $4,970 $23,800 $1,215
2017 $16,380 $4,970 $21,350 $1,123
2016 $16,380 $4,970 $21,350 $1,125
2015 $16,380 $4,970 $21,350 $1,150
2014 $17,150 $5,320 $22,470 $1,161
2013 $17,150 $5,320 $22,470 $1,130
2012 $17,150 $5,320 $22,470 $1,217
2011 $18,830 $5,845 $24,675 $1,144
2010 $18,830 $5,845 $24,675 $1,021
2009 $18,830 $5,845 $24,675 $950
2008 $21,140 $5,110 $26,250 $1,015
2007 $21,140 $5,110 $26,250 $2,208

Property facts

Year built
1953
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,132 sqft
Lot size
ZIP code
45805
City
Lima
Street
Spring St
Coordinates
40.73827, -84.15331

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$588
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2440 Spring St last sell?
2440 Spring St most recently sold on Jul 14, 2022 for $98,000.
What is the current tax assessment for 2440 Spring St?
The most recent total assessment for 2440 Spring St (year 2025) is $33,960 with $1,243 in property tax.
How does 2440 Spring St's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $98,000.
When was 2440 Spring St built?
2440 Spring St was built in 1953.
How does 2440 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 2440 Spring St?
2440 Spring St is a 3 bed, 1 bath, 1,132 sqft single_family.
Is 2440 Spring St a flip candidate?
No — 2440 Spring St does not appear in our flips dataset.
Is 2440 Spring St a tax-appeal candidate?
No — 2440 Spring St 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
+0.6%
Implied 1-yr
+2.4%
2026 Q3
$233K
2026 Q4
$234.3K
ZIP 45805 — Median Price History + Forecast

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