NOT LISTED FOR SALE

509 E Madison Ave Unit 511 Springfield, OH 45503

Estimated Value: $146,000 - $199,984

7 Beds
2.5 Baths
3,511 Sq Ft
$49/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2021

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

Est. 67% increase in value since last sale

Current estimated payment $1,103 / mo

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

10,019 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2022
Sold by
Bought by
Current Estimated Value
$175,597

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 30, 2021
Sold by
Bought by
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
10.90%
Original Mortgage
$78,750
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2004
Sold by
Bought by

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
0.0585%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bought by

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
0.0824%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 Ohio Real Estate Title
$105,000 Team Ttl & Closing Svcs Llc
$108,000 --
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $78,750
Closed $97,200
Closed $85,568
Closed $12,000
Closed $87,701
Closed $84,956
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    92 Total Sales

    Justen Fain
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Taylor Hefferon

    Coldwell Banker Heritage

    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

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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