NOT LISTED FOR SALE

1506 Lagonda Ave Unit 1508 Springfield, OH 45503

Estimated Value: $84,000 - $120,000

4 Beds
2 Baths
1,966 Sq Ft
$50/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $85,000 $43 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $584/month

36 Days on Market

About This Home

As of March 2024

Investors Dream: 4 Bed 2 Bath Multi Family Unit. 2bed 2bath each side. Nets $10K+ annually after all expenses.
My Sellers are selling 9 properties as a group or they can be bought individually. They are asking $1,475,000.00 for all 9 Properties. 8 Properties are in Clark County and 1 in Marion County. They want to sell to one investor or a group of investors via cash, or private funding source. CURB OFFERS ONLY! This unit has is an incredible cash flow property for your portfolio. Please contact a realtor to get all of the financials spreadsheet for this and all properties and an extensive Comp document showing the value in these properties. They won't last long!

Last Agent to Sell the Property

Tony Farley

Coldwell Banker Realty License #2016005985 Listed on: 11/03/2023

Coldwell Banker Realty

Last Buyer's Agent

Megan Winstead

RE/MAX Impact License #2021005952

RE/MAX Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $800

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,966 Sq Ft Home
  • Mixed Use
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 3400700029209032

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,069
  • Gross Income $13,200
  • Net Operating Income $10,131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$800

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1900
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.1
  • Total Gross Income: 13200.0
  • Co List Office Phone: 937-435-6000
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 45.78
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 13200.0
  • Annual Expenses: 3069.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 1966.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes

Garage/Parking

  • Parking Features On Street2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: SPRINGFIELD CSD 1206 CLA CO.

Lot Info

  • Parcel Number: 3400700029209032
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 10131.0
  • Annual Operating Expense: 3069.0

Tax Info

  • Tax Annual Amount: 800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2025
Sold by
Bbtvdc Trust and Hallman Jeffrey Allen
Bought by
Consumer Assistance Program Inc
Current Estimated Value
$98,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Outstanding Balance
$292,834
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$194,167

Purchase Details

Closed on
Nov 30, 2024
Sold by
Consumer Assistance Program Inc and Consumer Assistance Program
Bought by
Bbtvdc Trust and Hallman

Purchase Details

Listed on
Nov 3, 2023
Closed on
May 11, 2024
Sold by
Hallman Jeffrey
Bought by
Consumer Assistance Program Inc
Seller's Agent
Tony Farley
Coldwell Banker Realty
Buyer's Agent
Megan Winstead
RE/MAX Impact
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$59,500
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 3, 2023
Closed on
Mar 14, 2024
Sold by
Coin Jar Properties Llc
Bought by
Hallman Jeffrey
Seller's Agent
Tony Farley
Coldwell Banker Realty
Buyer's Agent
Megan Winstead
RE/MAX Impact
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.77%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 13, 2021
Sold by
Coin Jar Properties Llc
Bought by
Coin Jar Properties Llc

Purchase Details

Listed on
Jul 12, 2017
Closed on
Nov 29, 2017
Sold by
Pullins Lawrence S and Pullins Katherine R
Bought by
Coin Jar Properties Llc
Seller's Agent
Sue Smedley
Real Estate II, Inc.
Buyer's Agent
Tony Farley
Coldwell Banker Realty
List Price
$47,000
Sold Price
$31,000
Premium/Discount to List
-$16,000
-34.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.45%
Original Mortgage
$49,000
Interest Rate
3.95%
Mortgage Type
Commercial
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
Consumer Assistance Program Inc -- Liberty Title Inc
Consumer Assistance Program Inc -- Liberty Title Inc
Bbtvdc Trust -- Chicago Title
Bbtvdc Trust -- Chicago Title
Consumer Assistance Program Inc -- Chicago Title Company
Consumer Assistance Program Inc -- Chicago Title Company
Hallman Jeffrey $85,000 None Listed On Document
Hallman Jeffrey $85,000 None Listed On Document
Coin Jar Properties Llc -- Chicago Title Company
Coin Jar Properties Llc $31,000 Chicago Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Consumer Assistance Program Inc $294,400
Closed Consumer Assistance Program Inc $294,400
Previous Owner Hallman Jeffrey $59,500
Previous Owner Coin Jar Properties Llc $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2024 03/18/24 Sold $85,000 -5.6% $43 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $90,000 +190.3% $46 / Sq Ft
11/28/2017 11/28/17 Sold $31,000 -34.0% $16 / Sq Ft View Prior Sale
11/08/2017 11/08/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $47,000 -- $24 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $781 $15,810 $2,390 $13,420
2023 $781 $15,810 $2,390 $13,420
2022 $800 $15,810 $2,390 $13,420
2021 $708 $12,890 $1,890 $11,000
2020 $710 $12,890 $1,890 $11,000
2019 $712 $12,890 $1,890 $11,000
2018 $631 $10,970 $1,690 $9,280
2017 $631 $10,966 $1,687 $9,279
2016 $631 $10,966 $1,687 $9,279
2015 $644 $10,966 $1,687 $9,279
2014 $641 $10,966 $1,687 $9,279
2013 $634 $10,966 $1,687 $9,279
Source: Public Records

Agents Affiliated with this Home

  • Tony Farley

    Seller's Agent in 2024

    Tony Farley

    Coldwell Banker Realty

    (937) 232-1311

    89 in this area

    157 Total Sales

    Tony Farley
    Section Image
  • Megan Winstead

    Buyer's Agent in 2024

    Megan Winstead

    RE/MAX

    (614) 800-6066

    4 in this area

    95 Total Sales

    Megan Winstead
    Section Image
  • Sue Smedley

    Seller's Agent in 2017

    Sue Smedley

    Real Estate II, Inc.

    (937) 399-5155

    7 in this area

    8 Total Sales

    Sue Smedley
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Lisa Smedley

    Real Estate II, Inc.

    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223036503

Columbus and Central Ohio Regional MLS

APN: 34-00700-02920-9032

Ohio Clark County Springfield 45503

1506 Lagonda Ave Unit 1508, Springfield, OH

Not Listed for Sale

MultiFamily

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