NOT LISTED FOR SALE

509 E Madison Ave Unit 511 Springfield, OH 45503

Estimated Value: $138,000 - $169,000

7 Beds
2.5 Baths
3,511 Sq Ft
$43/Sq Ft Est. Value

Last Sold October 04, 2021

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

Est. 42% increase in value since last sale

Current estimated payment $938/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
  • 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

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
Current Estimated Value
$149,539

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
8.72%
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

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 Buyer Sale Price Title Company
Garlind Properties Ltd $120,000 Ohio Real Estate Title
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 Jay $84,956
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $1,862 $65,490 $7,770 $57,720
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

    59 in this area

    92 Total Sales

    Justen Fain
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Taylor Hefferon

    Coldwell Banker Heritage

    (937) 902-0896

    32 in this area

    42 Total Sales

    Taylor Hefferon
    Section Image
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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

Not Listed for Sale

MultiFamily

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