NOT LISTED FOR SALE

1606 Selma Rd Springfield, OH 45505

Estimated Value: $83,000 - $129,000

4 Beds
3 Baths
2,622 Sq Ft
$36/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $60,000 $23 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $549/month

11 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2023

This triplex is the real deal. It's a diamond in the rough, just waiting for someone with vision and guts to come in and turn it into the crown jewel of their rental portfolio. And that someone, my friends, is you!Now I know what you're thinking - ''why should I invest my hard-earned money in a property that needs rehabbing?'' But let me tell you, the potential here is limitless. With a little bit of effort and investment, you can transform this triplex into a cash cow that will keep on giving for years to come!Don't let this opportunity slip away! With a little bit of effort and investment, this triplex has the potential to become the crown jewel of your rental portfolio. So roll up your sleeves and get ready to transform this diamond in the rough into a lucrative investment that will pay off for years to come.

Last Agent to Sell the Property

Tim Sisler

Coldwell Banker Heritage License #2016000905 Listed on: 04/07/2023

Coldwell Banker Heritage

Co-Listed By

Arthur Solomon

Coldwell Banker Heritage License #2014003166

Last Buyer's Agent

Tim Sisler

Coldwell Banker Heritage License #2016000905 Listed on: 04/07/2023

Coldwell Banker Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1896

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 78x156

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,622 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700027212058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$605

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Semi-Annual Tax: 302.35
  • Year Built: 1896
  • Listing I D: 1024541
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Land Contract, Conventional
  • Parcel I D Number Formatted: 3400700027212058
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Units Rooms Gross Monthly Rent: 2000.00
  • Total Number of Units: 3
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Full
  • Price/ Sq Ft: 23.84
  • Total Bedrooms: 4
  • Total Square Footage: 2622.00

Exterior Features

  • Exterior: Wood Siding

Garage/Parking

  • Garage: No Garage

Utilities

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

Lot Info

  • Acres: 0.28
  • Lot Dimensions: 78x156
  • Parcel Id Number: 3400700027212058

Tax Info

  • Tax Year: 2022

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Valdez Alejandro Martine
Bought by
City Of Springfield
Current Estimated Value
$95,055

Purchase Details

Closed on
Oct 8, 2015
Sold by
Ford Doug
Bought by
Zeus Shopping Center Inc
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
City Of Springfield -- None Listed On Document
Valdez Alejandro Martine -- None Listed On Document
Zeus Shopping Center Inc $13,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $60,000 -4.0% $23 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $62,500 -- $24 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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
2025 $606 -- -- --
2024 $590 $11,950 $4,250 $7,700
2023 $590 $11,950 $4,250 $7,700
2022 $0 $11,950 $4,250 $7,700
2021 $626 $11,390 $4,050 $7,340
2020 $627 $11,390 $4,050 $7,340
2019 $629 $11,390 $4,050 $7,340
2018 $262 $4,550 $860 $3,690
2017 $262 $26,800 $5,061 $21,739
2016 $262 $26,800 $5,061 $21,739
2015 $786 $26,800 $5,061 $21,739
2014 $19,228 $26,800 $5,061 $21,739
2013 $15,201 $26,800 $5,061 $21,739
Source: Public Records

Agents Affiliated with this Home

  • Tim Sisler

    Seller's Agent in 2023

    Tim Sisler

    Coldwell Banker Heritage

    (937) 207-9272

    103 in this area

    156 Total Sales

    Tim Sisler
    Section Image
  • Arthur Solomon

    Seller Co-Listing Agent in 2023

    Arthur Solomon

    Coldwell Banker Heritage

    (937) 631-5562

    226 in this area

    415 Total Sales

    Arthur Solomon
    Section Image
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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1024541

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-02721-2058

Ohio Clark County Springfield 45505

1606 Selma Rd, Springfield, OH

Not Listed for Sale

MultiFamily

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