NOT LISTED FOR SALE

2040 Waterfall Ln Vandalia, OH 45377

Estimated Value: $252,000 - $318,000

3 Beds
2.5 Baths
2,082 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $225,000 $108 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,835/month

2 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Smith Middle School Rated A-
  • No HOA
  • Bathroom on Main Level

About This Home

As of December 2022

Outstanding residence is part of a one owner duplex. Offering a modest yard and adjacent parking lot for guests. On back of property is a tree covered deck. Inside the home offers 2,080 sq ft of living space. On the first floor is living room dining room combo followed by kitchen and primary bedroom with on suite bathroom. Upstairs are 2 bedrooms and a family room plus a bonus room over the 2 car garage that would be great as an office or hobby room

Last Agent to Sell the Property

John Seagraves

RE/MAX Alliance Realty Brokerage Phone: (937) 898-4400 Listed on: 11/15/2022

RE/MAX Alliance Realty

Co-Listed By

Mike Seagraves

RE/MAX Alliance Realty Brokerage Phone: (937) 898-4400 License #2005014908

Last Buyer's Agent

Gary Sisco

Sibcy Cline Inc.

Sibcy Cline Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,690

Year Built

  • 1999

Lot Details

  • 5,227

Parking

  • 2 Car Attached Garage

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,082 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • 5,227 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Falls Subdivision

Listing and Financial Details

  • Assessor Parcel Number B02013230022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,690

Year Built

1999

Lot Details

0

Parking

2

Listing Details

  • Cooling System: Central Air
  • Property Sub Type: Attached
  • Year Built: 1999
  • Attribution Contact: (937) 898-4400
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: REAL01
  • Co List Office Phone: (937) 898-4400
  • Co List Office Phone: (937) 898-4400
  • MLS Status: Closed
  • Living Area: 2082.0
  • Property Attached Yn: Yes
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Attached
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen Island, Vaulted Ceiling(s)
  • Garage Spaces: 2.0
  • Levels: Two
  • Property Type: Residential
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Deck
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Two Car Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Vandalia-Butler

Lot Info

  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 5227.0
  • Parcel Number: B02013230022
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Dec 12, 2022
Sold by
Jones Martha J
Bought by
Edwards Kim
Seller's Agent
John Seagraves
RE/MAX Alliance Realty
Buyer's Agent
Gary Sisco
Sibcy Cline Inc.
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Views
7
Current Estimated Value
$287,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,974
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Jul 13, 1999
Sold by
Lutz Terry A and Lutz Brenda E
Bought by
Jones Edward F and Jones Martha J

Purchase Details

Closed on
Jan 6, 1999
Sold by
Robinson Development Company Inc
Bought by
Lutz Terry A and Lutz Brenda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,850
Interest Rate
6.88%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Edwards Kim $225,000 Fidelity Lawyers Title
Jones Edward F $159,600 Advantage Title Agency Inc
Lutz Terry A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutz Terry A $239,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $225,000 -2.2% $108 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $230,000 -- $110 / Sq Ft
Source: Dayton REALTORS®

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 $3,690 $70,720 $14,110 $56,610
2023 $3,690 $70,720 $14,110 $56,610
2022 $3,509 $63,140 $12,600 $50,540
2021 $3,512 $63,140 $12,600 $50,540
2020 $3,500 $63,140 $12,600 $50,540
2019 $3,714 $61,640 $13,860 $47,780
2018 $3,721 $61,640 $13,860 $47,780
2017 $3,693 $61,640 $13,860 $47,780
2016 $3,773 $61,860 $12,600 $49,260
2015 $3,726 $61,860 $12,600 $49,260
2014 $3,726 $61,860 $12,600 $49,260
2012 -- $58,910 $12,600 $46,310
Source: Public Records

Agents Affiliated with this Home

  • John Seagraves

    Seller's Agent in 2022

    John Seagraves

    RE/MAX

    (937) 603-7816

    9 in this area

    52 Total Sales

    John Seagraves
    Section Image
  • Mike Seagraves

    Seller Co-Listing Agent in 2022

    Mike Seagraves

    RE/MAX

    (937) 603-7583

    4 in this area

    41 Total Sales

    Mike Seagraves
    Section Image
  • Gary Sisco

    Buyer's Agent in 2022

    Gary Sisco

    Sibcy Cline

    (937) 672-4384

    1 in this area

    4 Total Sales

    Gary Sisco
    Section Image
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Map

Source: Dayton REALTORS®

MLS Number: 877220

Dayton REALTORS®

APN: B02-01323-0022

Ohio Montgomery County Vandalia 45377

2040 Waterfall Ln, Vandalia, OH

This home is located at 2040 Waterfall Ln, Vandalia, OH 45377 since 15 November 2022 and is currently estimated at $287,974, approximately $138 per square foot. This property was built in 1999. 2040 Waterfall Ln is a home located in Montgomery County with nearby schools including Demmitt Elementary School, Smith Middle School, and Butler High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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