NOT LISTED FOR SALE

2705 Folk Ream Rd Springfield, OH 45502

Estimated Value: $178,439 - $227,000

4 Beds
1 Bath
1,901 Sq Ft
$107/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $137,500 $72 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,118/month

8 Days on Market

About This Home

As of June 2021

AUCTION APRIL 25 2PM. WANT TO GET AWAY FROM THE CROWD THIS IS THE PLACE. PROPERTY SITS BACK A 2000 FT DRIVEWAY AND SURROUNDED BY FIELDS (NO NEIGHBORS!!!!!) THIS IS YOUR OWN LITTLE ISLAND IN THE MIDDLE OF NOWHERE. HOUSE IS THE OLD STYLE FARMHOUSE 1901 sq ft SITTING ON 3.01 ACRES WITH 4 BEDROOM, 1 BATH, BASEMENT, AND IS VINYL SIDED. ALSO INCLUDED IN THE PROPERTY IS A BANK BARN APP 72X70 FT AND ANOTHER BUILDING THAT IS 22X22 AND ONE 20X18. PLENTY OF ROOM FOR THE KIDS TO PLAY AND SOME 4H PROJECTS.NOTE; HOUSE IS IN NEED OF MAJOR REPAIRS AND NEED TO BE CLEANED OUT BEFORE YOU COULD MOVE IN. THIS IS A TRUE DIAMOND IN THE ROUGH. SEE BROKER REMARKS FOR AUCTION TERMS AND BUYER BROKER INFORMATION.

Last Agent to Sell the Property

Perry Conley

Gathering Place Realty License #2006000506 Listed on: 04/17/2021

Last Buyer's Agent

Perry Conley

PRUDENTIAL ONE, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1893

Lot Details

  • 3.01 Acre Lot

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2500100001000116

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,908

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential
  • Level Style: Two
  • Semi-Annual Tax: 954.00
  • Year Built: 1893
  • Document Count: 1
  • Listing Cond: No
  • Listing I D: 1009698
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Parcel I D Number Formatted: 2500100001000116
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Special Features: Auction
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Full
  • Total Bedrooms: 4
  • Total Square Footage: 1901.00

Exterior Features

  • Exterior: Other

Garage/Parking

  • Garage: Other

Utilities

  • Heating System: Forced Air
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • School District: 1204 Northwestern LSD

Lot Info

  • Acres: 3.01
  • Land Info: Residential Lot
  • Parcel Id Number: 2500100001000116

Tax Info

  • Tax Year: 2020

MLS Schools

  • School District: 1204 Northwestern LSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 11, 2021
Sold by
Grimm Gary E
Bought by
Pence Paul L and Pence Mark D
Seller's Agent
Perry Conley
Gathering Place Realty
Buyer's Agent
Perry Conley
Gathering Place Realty
List Price
$1
Sold Price
$137,500
Premium/Discount to List
$137,499
13749900%
Current Estimated Value
$202,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,220
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
Sep 24, 2014
Sold by
Grimm Gary and Grimm Gary E
Bought by
Pence Paul L and Pence Mark D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$24,921
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$175,206

Purchase Details

Closed on
Feb 10, 2012
Sold by
Sanders Barbara
Bought by
Grimm Gary E
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
Pence Paul L $137,500 Ohio Real Estate Title Inc
Pence Paul L $80,000 Attorney
Grimm Gary E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pence Paul L $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $137,500 +13749900.0% $72 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1 -- $0 / 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 $259 $7,490 $7,490 --
2023 $259 $5,390 $5,390 $0
2022 $3,033 $61,540 $18,260 $43,280
2021 $1,925 $43,820 $13,330 $30,490
2020 $1,907 $43,820 $13,330 $30,490
2019 $1,926 $43,820 $13,330 $30,490
2018 $1,809 $41,420 $12,180 $29,240
2017 $2,327 $41,413 $12,177 $29,236
2016 $2,282 $41,413 $12,177 $29,236
2015 $11,816 $41,301 $12,065 $29,236
2014 $3,583 $66,368 $37,132 $29,236
2013 $8,745 $66,368 $37,132 $29,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1009698

Western Regional Information Systems & Technology (WRIST)

APN: 25-00100-00100-0116