50 E Factory Rd Springboro, OH 45066
Estimated Value: $179,000 - $247,150
3
Beds
1
Bath
1,552
Sq Ft
$131/Sq Ft
Est. Value
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 2024This 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
Irongate Inc. Brokerage Phone: (937) 436-2700 License #2001004910 Listed on: 11/30/2023
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2023
Closed on
Jun 28, 2024
Sold by
Kreitzer James Andrew and Kreitzer Rise V
Bought by
Faulkner Jon
Seller's Agent
Steven Ewing
Irongate Inc.
Buyer's Agent
Test Member
Test Office
List Price
$289,900
Sold Price
$180,000
Premium/Discount to List
-$109,900
-37.91%
Views
746
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,538
Avg. Annual Appreciation
10.70%
Original Mortgage
$224,410
Outstanding Balance
$222,725
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
-$23,873
Purchase Details
Closed on
Jul 30, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fifth Third Mortgage Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,981
Interest Rate
6.39%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 11, 2008
Sold by
Fifth Third Mortgage Co
Bought by
Kreitzer James Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,981
Interest Rate
6.39%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 21, 2008
Sold by
Drummond John D and Fifth Third Mortgage Co
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Apr 4, 1989
Sold by
Kesling Donald E and Kesling Donald E
Bought by
Sproat and Sproat Samuel M
Similar Homes in Springboro, OH
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faulkner Jon | $180,000 | None Listed On Document | |
| Fifth Third Mortgage Co | -- | Fidelity Land Title | |
| Kreitzer James Andrew | $99,000 | Fidelity Land Title | |
| Federal Home Loan Mortgage Corporation | $80,000 | None Available | |
| Sproat | $79,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faulkner Jon | $224,410 | |
| Previous Owner | Kreitzer James A | $97,981 | |
| Previous Owner | Drummond John D | $140,000 |
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 Compared to Growth
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
Agents Affiliated with this Home
-
Steven Ewing
S
Seller's Agent in 2024
Steven Ewing
Irongate Inc.
1 in this area
11 Total Sales
-
T
Buyer's Agent in 2024
Test Member
DABR
Map
Source: Dayton REALTORS®
MLS Number: 900930
APN: 0507121
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The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.
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