NOT LISTED FOR SALE

242 E McCreight Ave Unit 244 Springfield, OH 45503

Estimated Value: $115,000 - $163,211

6 Beds
2 Baths
2,518 Sq Ft
$58/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $104,000 $41 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $951/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Attic
  • Porch

About This Home

As of December 2023

Excellent investment opportunity in a great location, close to the Limestone/McCreight intersection! Large, side by side duplex with 3 bedrooms on each side, large living areas, big kitchen areas and full basements! Walk up attic space for additional storage options as well. House has some upgrades to the mechanicals including furnaces, electric panels, some pex and a dimensional shingle roof. Over 2500 sq ft total, concrete drive for off-street parking option. Each unit features a wood porch. Supplied water, sewer & natural gas utilities! Listing agent has a financial interest in the property through a business affiliation with the owner. High cashflow opportunity with current rent potential! Gross monthly rent is an estimate, both units are vacant.

Last Agent to Sell the Property

Eric Tackett

Roost Real Estate Co. License #2004013097 Listed on: 11/24/2023

Last Buyer's Agent

Tyler Hicks

Glasshouse Realty Group License #2020007961

Glasshouse Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1926

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 42x119

Parking

  • No Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,518 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700036422022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,860

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Duplex
  • Level Style: Two
  • Semi-Annual Tax: 930.00
  • Year Built: 1926
  • Listing Cond: No
  • Listing I D: 1029061
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, FHA, Conventional
  • Parcel I D Number Formatted: 3400700036422022
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Three Bedrooms: 2
  • Units Rooms Gross Monthly Rent: 1800.00
  • Total Number of Units: 2
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Full
  • Inside Features: Attic, Wood Floors
  • Price/ Sq Ft: 49.60
  • Total Bedrooms: 6
  • Total Square Footage: 2518.00

Exterior Features

  • Exterior: Vinyl Siding
  • Outside Features: Porch

Garage/Parking

  • Garage: No Garage

Utilities

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

Schools

  • School District: 1206 Springfield CSD

Lot Info

  • Acres: 0.11
  • Lot Dimensions: 42x119
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700036422022

Tax Info

  • Tax Year: 2022

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Dec 12, 2023
Sold by
Tackenstein Properties Llc
Bought by
Mhm Residences Llc
Seller's Agent
Eric Tackett
Roost Real Estate Co.
Buyer's Agent
Tyler Hicks
Glasshouse Realty Group
List Price
$124,900
Sold Price
$104,000
Premium/Discount to List
-$20,900
-16.73%
Views
23
Current Estimated Value
$146,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,053
Avg. Annual Appreciation
22.39%

Purchase Details

Closed on
May 12, 2023
Sold by
Aug Property Investments Llc
Bought by
Tackenstein Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,880
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2023
Sold by
Richards Michael E
Bought by
Aug Property Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,880
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1999
Sold by
Dimichele Jeffrey and Dimichele Robyn
Bought by
Richards Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,325
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1997
Sold by
Neeley Robert
Bought by
Dimichele Jeffrey and Dimichele Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
7.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1994
Sold by
Wilson Thomas W
Bought by
Neeley Robert and Neeley Shirley
Source: Public Records

Range of Values:

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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
Mhm Residences Llc $104,000 None Listed On Document
Tackenstein Properties Llc -- First American Title
Aug Property Investments $61,100 Allodial Title
Richards Michael E $69,900 --
Dimichele Jeffrey $61,000 --
Neeley Robert $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tackenstein Properties Llc $48,880
Previous Owner Richards Michael E $10,906
Previous Owner Richards Michael E $69,325
Previous Owner Dimichele Jeffrey $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $104,000 -16.7% $41 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $124,900 -- $50 / 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
2024 $1,861 $37,670 $5,180 $32,490
2023 $1,815 $37,670 $5,180 $32,490
2022 $1,860 $37,670 $5,180 $32,490
2021 $1,589 $29,720 $3,730 $25,990
2020 $1,593 $29,720 $3,730 $25,990
2019 $1,597 $29,720 $3,730 $25,990
2018 $1,408 $25,170 $3,190 $21,980
2017 $1,407 $25,169 $3,189 $21,980
2016 $1,409 $25,169 $3,189 $21,980
2015 $1,436 $25,169 $3,189 $21,980
2014 $1,430 $25,169 $3,189 $21,980
2013 $1,415 $25,169 $3,189 $21,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1029061

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03642-2022