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2275 N Cable Rd APT 164, Lima, OH, 45807

2beds
2baths
883sqft
$129,000
$146price/sqft
$1,029/moest. monthly cost
$41,160/yrincome needed

About This Home

Beautifully renovated 2-bedroom, 2 full bath bottom-unit condo located in a quiet, well-maintained community. This condo comes FULLY FURNISHED and was completely reconstructed and remodeled in 2024, offering a true turnkey, like-new living experience. Every detail has been thoughtfully redone and upgraded, including brand-new flooring, modern lighting, updated electrical, heating/cooling systems etc., and stylish finishes throughout. The open-concept layout creates a bright and inviting living space, complemented by a practical, fresh kitchen. Bedrooms are spacious and comfortable, and the 2 full bathrooms have been fully updated with clean, modern finishes. Enjoy the ease of ground-level living along with community amenities including on-site laundry facilities. Perfect for those seeking low-maintenance, move-in ready living in a peaceful setting with high-end upgrades throughout. Also a great rental opportunity for an investor. See it today!

Getting Around

37
WalkingCar-Dependent
20
TransitMinimal Transit
34
BikeSomewhat Bikeable

Schools

5/10
Elida Elementary SchoolGrades K-52.3 mi
7/10
Elida Middle SchoolGrades 6-82.4 mi
5/10
Elida High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Cooling

  • Cooling features: Central Air

Features

  • Window features: Insulated Windows
  • Flooring: Vinyl
  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 883
  • Total interior livable area: 883 sqft

Property

Details

  • Parcel number: 36220102012.164
  • Special condition: Standard

Features

  • Levels: One
  • Patio & porch: Patio

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Hail
Inland Flooding
Ice Storm
Lightning
Tornado

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $652$7,824
Home Insurance *$71$852
Property Taxes $113$1,356
Electricity $193$2,320
Total$1,029$12,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,280/yr
40% on housing$30,870/yr
45% on housing$27,440/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 45807$135
Allen County$112

vs Homes Sold Last Month

Median $/sqft

ZIP 45807$149
Allen County$116

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-19Listed for sale$129,000
2023-01-20Sold$74,900
2022-12-06Pending sale$74,900
2022-11-28Listed for sale$74,900
2006-06-26Sold$43,000
1996-03-06Sold$40,000

For Sale by Agent

AgentMallory Henson Rayburn
BrokerageNextHome Experience

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