NOT LISTED FOR SALE

1224 Rice St Springfield, OH 45505

Estimated Value: $57,000 - $112,000

3 Beds
1 Bath
1,123 Sq Ft
$82/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $17,000 $15 Per Sq Ft

Est. 441% increase in value since last sale

Current estimated payment $531/month

42 Days on Market

Highlights

  • Deck
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Porch

About This Home

As of May 2018

Great opportunity on this 3 bedroom 1 1/2 story home with large rooms, semi finished basement with family room. Half story above features large closet, bedroom and bonus area. Back Deck has handicap ramp and large yard. 1 car detached garage behind with alley access. This is a Fannie Mae Homepath Property.

Last Agent to Sell the Property

Jennifer & Ben Webster

Coldwell Banker Heritage License #2007001822 Listed on: 03/06/2018

Coldwell Banker Heritage

Last Buyer's Agent

Jennifer Webster

Real Estate II, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1937

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 1 Car Detached Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,123 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 3400700027115002

Home Details

Home Type

Single Family

Est. Annual Taxes

$582

Year Built

Built in 1937

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: A
  • Level Style: One and One Half
  • Semi-Annual Tax: 291.00
  • Year Built: 1937
  • Listing I D: 415040
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Full, Partially Finished
  • Inside Features: Wood Floors
  • Price/ Sq Ft: 17.72
  • Total Bedrooms: 3
  • Total Square Footage: 1123.00

Exterior Features

  • Exterior: Aluminum Siding
  • Outside Features: Deck, Porch

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 1.00

Utilities

  • Heating System: Forced Air, Natural Gas
  • Utilities: Natural Gas Connected, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Lot Info

  • Acres: 0.17
  • Lot Dimensions: 50x150
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700027115002

Tax Info

  • Tax Year: 2017

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Apr 19, 2018
Sold by
Federal National Mortgage Association
Bought by
Cotterman Brian D and Cotterman Lisa K
Seller's Agent
Jennifer & Ben Webster
Coldwell Banker Heritage
Buyer's Agent
Jennifer & Ben Webster
Coldwell Banker Heritage
List Price
$23,900
Sold Price
$17,000
Premium/Discount to List
-$6,900
-28.87%
Current Estimated Value
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,000
Avg. Annual Appreciation
24.10%
Original Mortgage
$30,000
Outstanding Balance
$25,608
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$66,392

Purchase Details

Closed on
Jan 31, 2018
Sold by
Bailey Trisha and Bailey Trisha S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 22, 2005
Sold by
Bailey Tony L and Bailey Trisha S
Bought by
Bailey Tony L and Bailey Trisha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.34%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 2, 1999
Sold by
Foster Michael A
Bought by
Bailey Tony L and Newman Trisha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,543
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 1998
Sold by
Arvin Patton Chester H Ta
Bought by
Foster Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,917
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cotterman Brian D -- None Available
Federal National Mortgage Association $17,000 None Available
Bailey Tony L -- None Available
Bailey Tony L $72,000 --
Foster Michael A $55,917 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotterman Brian D $30,000
Previous Owner Bailey Tony L $103,000
Previous Owner Bailey Tony L $71,543
Previous Owner Foster Michael A $54,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $17,000 -28.9% $15 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $23,900 -- $21 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $697 $17,530 $2,990 $14,540
2024 $680 $13,760 $2,730 $11,030
2023 $680 $13,760 $2,730 $11,030
2022 $696 $13,760 $2,730 $11,030
2021 $598 $10,880 $2,140 $8,740
2020 $599 $10,880 $2,140 $8,740
2019 $584 $10,880 $2,140 $8,740
2018 $583 $10,420 $1,940 $8,480
2017 $582 $10,424 $1,943 $8,481
2016 $583 $10,424 $1,943 $8,481
2015 $595 $10,424 $1,943 $8,481
2014 $592 $10,424 $1,943 $8,481
2013 $586 $10,424 $1,943 $8,481
Source: Public Records

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 415040

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-02711-5002

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