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12978 South Ave

North Lima, OH 44452

3 bd 2 ba 1,787 sqft Built 1959 Lot 27,007 sqft single_family
Most recent sale
$298,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $298,000 MLS #4361413
Apr 11, 2022 Price changed $298,000 MLS #4361413
Apr 5, 2022 Listed $321,000 MLS #4361413
Jun 5, 2014 Sold $158,000 MLS #3447453
Mar 31, 2014 Relisted $164,900 MLS #3447453
Nov 14, 2013 Price changed $164,900 MLS #3447453
Sep 26, 2013 Listed $164,900 MLS #3447453
Nov 8, 2012 Sold $140,000 MLS #3238543
Nov 10, 2011 Price changed $159,900 MLS #3238543
Sep 21, 2011 Price changed $165,000 MLS #3238543
Jun 18, 2011 Listed $167,000 MLS #3238543
Jun 20, 2006 Sold $198,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $76,970 $5,810 $82,780 $4,087
2024 $76,970 $5,810 $82,780 $4,013
2023 $76,970 $5,810 $82,780 $4,027
2022 $52,920 $5,360 $58,280 $2,773
2021 $52,920 $5,360 $58,280 $2,807
2020 $52,920 $5,360 $58,280 $2,819
2019 $44,100 $5,360 $49,460 $2,382
2018 $44,100 $5,360 $49,460 $2,350
2017 $44,100 $5,360 $49,460 $2,347
2016 $31,680 $4,280 $35,960 $1,610
2015 $31,680 $4,280 $35,960 $1,581
2014 $31,680 $4,280 $35,960 $2,113
2013 $31,680 $4,280 $35,960 $2,094
2012 $31,680 $4,280 $35,960 $1,585
2011 $31,680 $4,280 $35,960 $1,591
2010 $32,940 $4,270 $37,210 $1,648
2009 $32,940 $4,270 $37,210 $1,605
2008 $32,940 $4,270 $37,210 $1,607
2007 $32,940 $4,270 $37,210 $1,612

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,787 sqft
Lot size
27,007 sqft
ZIP code
44452
City
North Lima
Street
South Ave
Coordinates
40.92978, -80.67611

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,681
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 12978 South Ave last sell?
12978 South Ave most recently sold on Jun 3, 2022 for $298,000.
What is the current tax assessment for 12978 South Ave?
The most recent total assessment for 12978 South Ave (year 2025) is $82,780 with $4,087 in property tax.
How does 12978 South Ave's assessment compare to its last sale price?
The current assessment is 72.2% below the last sale price of $298,000.
When was 12978 South Ave built?
12978 South Ave was built in 1959.
How does 12978 South Ave compare to others on South Ave?
We track 8 other properties on South Ave. Browse the list under "Other properties on South Ave" to compare beds, baths, and sale history.
What are the property facts for 12978 South Ave?
12978 South Ave is a 3 bed, 2 bath, 1,787 sqft, 27,007 sqft lot single_family.
Is 12978 South Ave a flip candidate?
No — 12978 South Ave does not appear in our flips dataset.
Is 12978 South Ave a tax-appeal candidate?
No — 12978 South Ave 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
-9.2%
Implied 1-yr
-36.7%
2025 Q2
$76.3K
2025 Q3
$58.9K
ZIP 44452 — Median Price History + Forecast

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