$88,000
SOLD JUL 17, 2025

404 Sherman Ave Springfield, OH 45503

2 Beds
1 Bath
1,088 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

5% Below List Price

62 Days on Market

About This Home

As of July 2025

Taken off the market to remodel the kitchen and bath. If you've looked in the past, look again--this is the investment property you've been waiting for. Currently rented at $1,200 per month, it offers an excellent ROI and has been completely remodeled.Major updates within the past four years include:New siding and guttersUpdated flooring throughoutNew furnace and water heaterElectrical upgradesFoundation work completedFull roof and shingle replacementThis is one of the few affordable homes with the most expensive repairs already done. It's perched right next door to a community garden, offering a scenic view and a deep yard of its own. Enjoy off-street parking accessible from the alley.Perfect for investors: why buy properties that have been poorly maintained and driven into the ground by tenants, when you can own a turnkey, low-maintenance property like this?Additional recent improvements include the removal of dropped ceilings and professional drywall installation.Don't miss this opportunity to add a high-quality asset to your rental portfolio.

Last Agent to Sell the Property

Julie Broghamer

Real Estate II, Inc. License #2021005106 Listed on: 05/08/2025

Last Buyer's Agent

Douglas Nave

Coldwell Banker Heritage License #2017005998

Coldwell Banker Heritage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1891

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3400700035226019

Home Details

Home Type

Single Family

Est. Annual Taxes

$722

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Basic
  • Structure Type: House
  • Level Style: Two
  • Semi-Annual Tax: 360.84
  • Year Built: 1891
  • Documents: Property Disclosure and Lead Based Paint
  • Listing I D: 1038520
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: 1031 Exchange, Cash, Conventional
  • Parcel I D Number Formatted: 3400700035226019
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Range, Refrigerator
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Crawl Space
  • Price/ Sq Ft: 85.39
  • Total Bedrooms: 2
  • Total Square Footage: 1088.00

Exterior Features

  • Exterior: Other, Vinyl Siding
  • Foundation: Other

Garage/Parking

  • Garage: No Garage

Utilities

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

Lot Info

  • Acres: 0.11
  • Zoning: Residential
  • Land Info: Building Restrictions
  • Parcel Id Number: 3400700035226019

Tax Info

  • Tax Year: 2024

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jul 17, 2025
Sold by
M & J Quinn Properties Llc
Bought by
Sherman-Garrison Properties Llc
Seller's Agent
Julie Broghamer
Real Estate II, Inc.
Buyer's Agent
Douglas Nave
Coldwell Banker Heritage
List Price
$92,900
Sold Price
$88,000
Premium/Discount to List
-$4,900
-5.27%
Views
84
Current Estimated Value
$87,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$966
Avg. Annual Appreciation
-2.79%

Purchase Details

Closed on
Dec 21, 2016
Sold by
Nowak Martin S and Nowak Joann J
Bought by
M & J Quinn 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
$100,000
Outstanding Balance
$81,993
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$5,041

Purchase Details

Closed on
Sep 7, 2005
Sold by
Household Realty Corp
Bought by
Nowak Martin S and Nowak Joann J

Purchase Details

Closed on
Feb 10, 2005
Sold by
Miller Houston M
Bought by
Household Realty Corp
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 Type Sale Price Title Company
Contract Of Sale $2,443,000 Team Title & Closing Services
Warranty Deed $100,000 None Available
Survivorship Deed $7,000 --
Sheriffs Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2025 07/17/25 Sold $88,000 -5.3% $81 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $92,900 -- $85 / 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 $703 $14,240 $2,130 $12,110
2023 $703 $14,240 $2,130 $12,110
2022 $720 $14,240 $2,130 $12,110
2021 $580 $10,550 $1,580 $8,970
2020 $581 $10,550 $1,580 $8,970
2019 $583 $10,550 $1,580 $8,970
2018 $547 $9,510 $1,580 $7,930
2017 $547 $9,503 $1,575 $7,928
2016 $547 $9,503 $1,575 $7,928
2015 $269 $9,163 $1,575 $7,588
2014 $536 $9,163 $1,575 $7,588
2013 $530 $9,163 $1,575 $7,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1038520

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03522-6019