$180,000
SOLD JUN 28, 2024

50 E Factory Rd Springboro, OH 45066

3 Beds
1 Bath
1,552 Sq Ft
7,400 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

38% Below List Price

166 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Patio
  • Springboro Intermediate School Rated A-
  • Porch
  • 1-minute walk to Rotary Park

About This Home

As of June 2024

This is a rare opportunity to acquire a historic home in the heart of the downtown Springboro business district. Due to its mixed zoning of residential and business, you could easily dedicate the location to a home, a business or have a mix of the two. On the front of the home is a very large, inviting porch. Between the home and the spacious garage is a breezeway which offers more outdoor opportunities. Newer windows throughout except for the large dining room window which was left as an homage to the historic integrity of the home. You will notice the yard contains two large Norway spruces (one has a plaque recognized by Springboro as one of the largest Norway spruce trees in the area), a Jane Magnolia and a miniature weeping cherry near the front porch and several green giant arborvitaes which provide privacy along the alley. There are large flower beds in front of the home which are contained by retaining blocks. The home offers a front living space (with fireplace), dining room, large kitchen, and an addition suitable for a family room or office. Two of the three bedrooms upstairs have original hardwood floors with the third having carpet. The rear of the home offers a large utility room for storage and washer/dryer. Included in the home is a wired security system with eight high-def. cameras capable of recording and reviewing events. This makes a cost-effective security system since there is no monthly monitoring fees. When connected to a wi-fi system, you can view the cameras via a smartphone. For those looking at this as a commercial business, the location on a corner lot offers numerous parking opportunities and is near a city parking lot. The location is a short walk to parks, shops, and entertainment. Current owners have not resided in the home and cannot attest to its functionality.

Last Agent to Sell the Property

Steven Ewing

Irongate Inc. Brokerage Phone: (937) 436-2700 License #2001004910

Irongate Inc.

Last Buyer's Agent

Test Member

Test Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,145

Year Built

  • 1850

Lot Details

  • 7,400 Sq Ft Lot
  • Lot Dimensions are 148x50
  • Zoning described as Residential,Commercial

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Unfinished Basement
  • Partial Basement
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04071540120

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,145

Year Built

1850

Lot Details

0

Parking

2

Listing Details

  • Major Appliances: Electric Water Heater
  • Cooling System: Central Air
  • Property Sub Type: Single Family Residence
  • Cross Street: East
  • Year Built: 1850
  • Attribution Contact: (937) 436-2700
  • Lot Size Acres: 0.17
  • Co List Office Phone: (937) 436-2700
  • MLS Status: Closed
  • Fireplace Features: One, Wood Burning
  • Living Area: 1552.0
  • Window Features: Vinyl
  • Master Plan Zoning: Residential,Commercial
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Interior Amenities: Kitchen/Family Room Combo, Laminate Counters
  • Basement: Partial, Unfinished
  • Garage Spaces: 2.0
  • Levels: Two
  • Property Type: Residential
  • Other Equipment: Satellite Dish
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Aluminum Siding, Frame
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, Two Car Garage, Storage

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: Springboro

Lot Info

  • Lot Dimensions: 148x50
  • Lot Size Sq Ft: 7400.0
  • Parcel Number: 04071540120
  • Zoning Description: Residential,Commercial

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $180,000 -21.7% $116 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $230,000 -8.0% $148 / Sq Ft
04/04/2024 04/04/24 Price Changed $249,900 -3.8% $161 / Sq Ft
03/17/2024 03/17/24 Price Changed $259,900 0.0% $167 / Sq Ft
03/15/2024 03/15/24 Price Changed $259,900 -1.9% $167 / Sq Ft
02/14/2024 02/14/24 Price Changed $264,900 -3.6% $171 / Sq Ft
01/17/2024 01/17/24 Price Changed $274,900 -5.2% $177 / Sq Ft
11/29/2023 11/29/23 For Sale $289,900 -- $187 / Sq Ft
Source: Dayton REALTORS®

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 $2,145 $54,930 $7,660 $47,270
2023 $1,843 $43,928 $5,649 $38,279
2022 $1,843 $43,929 $5,649 $38,280
2021 $1,715 $43,929 $5,649 $38,280
2020 $1,663 $37,230 $4,788 $32,442
2019 $1,533 $37,230 $4,788 $32,442
2018 $1,534 $37,230 $4,788 $32,442
2017 $1,582 $34,577 $4,438 $30,139
2016 $1,650 $34,577 $4,438 $30,139
2015 $1,647 $34,577 $4,438 $30,139
2014 $1,647 $32,620 $4,190 $28,430
2013 $1,645 $37,330 $4,790 $32,540
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,410 FHA
Previous Owner $97,981 FHA
Previous Owner $140,000 Fannie Mae Freddie Mac
Source: Public Records

Deed History

Date Type Sale Price Title Company
Fiduciary Deed $180,000 None Listed On Document
Quit Claim Deed -- Fidelity Land Title
Limited Warranty Deed $99,000 Fidelity Land Title
Sheriffs Deed $80,000 None Available
Deed $79,000 --
Source: Public Records

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