NOT LISTED FOR SALE

509 E Madison Ave Unit 511 Springfield, OH 45503

Estimated Value: $132,000 - $153,000

7 Beds
2.5 Baths
3,511 Sq Ft
$40/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $105,000 $30 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $945/month

34 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Attic
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of October 2021

Very nice double with great tenants. Great opportunity as an investment or as owner occupant! 2 car detached garage. 511 has a finished attic offering the 4th bedroom and it also has a half bath on the first floor.

Last Agent to Sell the Property

Justen Fain

Coldwell Banker Heritage License #2007002177 Listed on: 08/30/2021

Coldwell Banker Heritage

Co-Listed By

Taylor Hefferon

Coldwell Banker Heritage License #2018004601

Last Buyer's Agent

Justen Fain

Coldwell Banker Heritage License #2007002177 Listed on: 08/30/2021

Coldwell Banker Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 1915

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50 x 202
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,511 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Wood Flooring
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700035222008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,171

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Other
  • Structure Type: House
  • Level Style: Two
  • Semi-Annual Tax: 1085.53
  • Year Built: 1915
  • Document Count: 3
  • Documents: Property Disclosure and Lead Based Paint
  • Listing Cond: No
  • Listing I D: 1013193
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: 1031 Exchange, Conventional, Cash
  • Parcel I D Number Formatted: 3400700035222008
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Three Bedrooms: 2
  • Units Rooms Gross Monthly Rent: 1375.00
  • 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: 3.00
  • Full Bathrooms: 2
  • Basement: Full, Walkout, Unfinished
  • Inside Features: Attic, Partial Window Coverings, Wood Floors
  • Price/ Sq Ft: 31.30
  • Fireplace: Decorative
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Total Square Footage: 3511.00

Exterior Features

  • Exterior: Aluminum Siding
  • Foundation: Concrete Perimeter
  • Outside Features: Fenced, Porch

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00

Utilities

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

Schools

  • School District: 1206 Springfield CSD

Lot Info

  • Acres: 0.23
  • Lot Dimensions: 50 x 202
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700035222008

Tax Info

  • Tax Year: 2020

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Vaughn Zachary L and Vaughn Madalyn F
Bought by
Garlind Properties Ltd
Total Days on Market
34
Current Estimated Value
$141,952

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 30, 2021
Sold by
Mcclintock Jerald P and Mcclintock Candi K
Bought by
Vaughn Zachary L and Vaughn Madalyn F
Seller's Agent
Justen Fain
Coldwell Banker Heritage
Buyer's Agent
Justen Fain
Real Estate II, Inc.
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$78,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Yeager Earl Jay and Yeager Kathy L
Bought by
Mcclintock Jerald P and Mcclintock Candi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Ditty John L and Ditty Wanda M
Bought by
Yeager Earl Jay and Yeager Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,956
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Garlind Properties Ltd $120,000 Ohio Real Estate Title
Vaughn Zachary L $105,000 Team Ttl & Closing Svcs Llc
Mcclintock Jerald P $108,000 --
Yeager Earl Jay $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vaughn Zachary L $78,750
Previous Owner Mcclintock Jerald P $97,200
Previous Owner Yeager Earl J $85,568
Previous Owner Yeager Earl J $12,000
Previous Owner Yeager Earl Jay $87,701
Previous Owner Yeager Earl Jay $84,956
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $105,000 -4.5% $30 / Sq Ft
08/30/2021 08/30/21 For Sale $109,900 -- $31 / 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 $1,815 $36,750 $6,940 $29,810
2023 $1,815 $36,750 $6,940 $29,810
2022 $1,860 $36,750 $6,940 $29,810
2021 $2,166 $39,420 $4,990 $34,430
2020 $2,171 $39,420 $4,990 $34,430
2019 $2,176 $39,420 $4,990 $34,430
2018 $1,930 $33,550 $4,270 $29,280
2017 $1,928 $33,548 $4,270 $29,278
2016 $1,931 $33,548 $4,270 $29,278
2015 $1,969 $33,548 $4,270 $29,278
2014 $1,961 $33,548 $4,270 $29,278
2013 $1,940 $33,548 $4,270 $29,278
Source: Public Records

Agents Affiliated with this Home

  • Justen Fain

    Seller's Agent in 2021

    Justen Fain

    Coldwell Banker Heritage

    (937) 206-6836

    65 in this area

    103 Total Sales

    Justen Fain
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Taylor Hefferon

    Coldwell Banker Heritage

    (937) 902-0896

    40 in this area

    56 Total Sales

    Taylor Hefferon
    Section Image
See All Agents

Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1013193

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03522-2008

Ohio Clark County Springfield 45503

509 E Madison Ave Unit 511, Springfield, OH

This home is located at 509 E Madison Ave Unit 511, Springfield, OH 45503 since 30 August 2021 and is currently estimated at $141,952, approximately $40 per square foot. This property was built in 1915. 509 E Madison Ave Unit 511 is a home located in Clark County with nearby schools including Lagonda Elementary School, Roosevelt Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Western Regional Information Systems & Technology (WRIST) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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