NOT LISTED FOR SALE

302 E Northern Ave Springfield, OH 45503

Estimated Value: $116,000 - $146,525

4 Beds
2 Baths
1,884 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $82,500 $44 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $925/month

126 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • French Doors
  • Ceiling Fan

About This Home

As of November 2021

Great opportunity to buy a lucrative investment property in a hot real estate market. Long term tenants take exceptional care of each unit. Main level unit rents for $600 and offers 2 large bedrooms with large closets, office (entrance room - or additional living/sitting room) large living room with high ceilings, eat in kitchen and walk in pantry and full bathroom. There is a mud room that goes out to the fenced rear yard. Central air in this unit. Also, a gas line is available for a gas dryer. Nice original woodwork and wood floors. The upstairs unit has it's own sidewalk and private entrance at the west of the home. It offers 2 bedrooms plus a living room and kitchen. Nice bathroom and pantry space. All neutral paint. Heats with the space heater in the living room. Upstairs unit rents for $400. Both tenants are in leases until April 2022. Owner pays the water bill. Tenants pay for their trash service.

Last Agent to Sell the Property

Priscilla McNamee

Roost Real Estate Co. License #2003017795 Listed on: 07/07/2021

Last Buyer's Agent

Patrick Hamilton

RE/MAX Alliance Realty License #2004002933

RE/MAX Alliance Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1886

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 33x212
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater
  • Separate Meters
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Association fees include maintenance structure, real estate taxes, water
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700035201030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,514

Year Built

Built in 1886

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Includedin Fee: Maintenance Structure, Real Estate Taxes, Water
  • Level Style: Two
  • Semi-Annual Tax: 757.00
  • Year Built: 1886
  • Document Count: 2
  • Documents: Other, Property Disclosure and Lead Based Paint
  • Listing Cond: No
  • Listing I D: 1011689
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • One Bedrooms: 1
  • Two Bedrooms: 1
  • Units Rooms Gross Monthly Rent: 1000.00
  • 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

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Inside Features: Ceiling Fan(s), Wood Floors, French Doors
  • Price/ Sq Ft: 45.12
  • Total Bedrooms: 4
  • Total Square Footage: 1884.00

Exterior Features

  • Exterior: Vinyl Siding
  • Outside Features: Fenced

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00

Utilities

  • Cooling: Central Air
  • Heating System: Forced Air, Space Heater
  • Utilities: Natural Gas Connected, Separate Meters, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Schools

  • School District: 1206 Springfield CSD

Lot Info

  • Acres: 0.16
  • Lot Dimensions: 33x212
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700035201030

Tax Info

  • Tax Year: 2021

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Nov 18, 2021
Sold by
Taylor Robert J and Taylor Maria
Bought by
Dunn Lisa
Seller's Agent
Priscilla McNamee
Roost Real Estate Co.
Buyer's Agent
Patrick Hamilton
RE/MAX Alliance Realty
List Price
$85,000
Sold Price
$82,500
Premium/Discount to List
-$2,500
-2.94%
Current Estimated Value
$132,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,131
Avg. Annual Appreciation
12.95%
Original Mortgage
$61,875
Outstanding Balance
$56,815
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$75,816

Purchase Details

Closed on
Mar 9, 1993
Sold by
Botkin Michael A and Botkin Rebecca
Bought by
Taylor Robert J and Taylor Maria

Purchase Details

Closed on
Jun 1, 1991
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
Dunn Lisa $82,500 American Title Assc Agcy
Dunn Lisa $82,500 None Listed On Document
Taylor Robert J $58,800 --
-- $3,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Lisa $61,875
Closed Dunn Lisa $61,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $82,500 -2.9% $44 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $85,000 -- $45 / 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 $2,659 $34,730 $5,810 $28,920
2023 $3,745 $34,730 $5,810 $28,920
2022 $2,724 $34,730 $5,810 $28,920
2021 $1,510 $27,470 $4,180 $23,290
2020 $1,513 $27,470 $4,180 $23,290
2019 $1,517 $27,470 $4,180 $23,290
2018 $1,234 $21,450 $3,570 $17,880
2017 $1,233 $21,456 $3,574 $17,882
2016 $1,235 $21,456 $3,574 $17,882
2015 $1,259 $21,456 $3,574 $17,882
2014 $1,253 $21,456 $3,574 $17,882
2013 $1,240 $21,456 $3,574 $17,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1011689

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03520-1030