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Updated over 6 years ago on . Most recent reply

User Stats

105
Posts
61
Votes
Jeffrey Grieshop
  • New to Real Estate
  • Coldwater, OH
61
Votes |
105
Posts

please give me an explanation as to how this home sold for $65k

Jeffrey Grieshop
  • New to Real Estate
  • Coldwater, OH
Posted

https://www.realtor.com/realestateandhomes-detail/315-S-Cole-St_Lima_OH_45805_M44277-51534

I stumbled on this and I was a bit aghast. The home in the above link sold for $65k, 175 days ago, and I am just simply asking how it was bought so cheaply? Is Lima a nice city? no. In fact, in all of Lima, this road or area of houses is about the only one I can recall having some admiration for. The median neighborhood price is much higher. It says it was renovated in 1996 and there is no central air. Just to be enlightened, I am asking as to how this could sell for $65k? 

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