NOT LISTED FOR SALE

509 Prairie Ave Unit 511 Springfield, OH 45505

Estimated Value: $52,000 - $115,000

4 Beds
2 Baths
2,492 Sq Ft
$33/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $24,000 $10 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $538/month

10 Days on Market

About This Home

As of October 2023

Fire-Damaged Duplex - Tons of Potential Despite some fire damage, this structurally sound duplex remains a great investment opportunity. Located on a large corner lot in a desirable neighborhood, it features 2 bedrooms and 1 bathroom in each unit. Insurance funds cover repairs. Fix drywall, floors, fixtures and paint - then collect rental income from this prime rental property. Close to everything, it's priced far below replacement cost. Don't miss out on this chance to own a duplex with room to expand at a steal of a price.

Last Agent to Sell the Property

Trey Bucio

Howard Hanna Real Estate Serv Brokerage Phone: (937) 435-6000 License #2022004274 Listed on: 09/20/2023

Howard Hanna Real Estate Serv

Last Buyer's Agent

Trey Bucio

Howard Hanna Real Estate Serv Brokerage Phone: (937) 435-6000 License #2022004274 Listed on: 09/20/2023

Howard Hanna Real Estate Serv

Property Details

Home Type

  • Multi-Family

Year Built

  • 1890

Lot Details

  • 7,231

Parking

  • No Garage

Home Design

  • Duplex
  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 2-Story Property
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 3400700033221003

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Attribution Contact: (937) 435-6000
  • Co List Office Phone: (937) 435-6000
  • MLS Status: Closed
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Aluminum Siding, Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Junior High Dist: Springfield

Lot Info

  • Lot Dimensions: 0.166
  • Parcel Number: 3400700033221003
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Ludt Rose Mary and Ludt Kenneth
Bought by
Morino Carrol
Current Estimated Value
$88,808

Purchase Details

Closed on
Apr 19, 2024
Sold by
Powell Rachael L and Barker Rachael L
Bought by
Ludt Rose Mary

Purchase Details

Listed on
Sep 20, 2023
Closed on
Oct 26, 2023
Sold by
Heston Jeffrey L and Heston Dolly
Bought by
Powell Rachael L
Seller's Agent
Trey Bucio
Howard Hanna Real Estate Serv
Buyer's Agent
Trey Bucio
Howard Hanna Real Estate Serv
List Price
$40,000
Sold Price
$24,000
Premium/Discount to List
-$16,000
-40%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.53%

Purchase Details

Closed on
Nov 26, 2003
Sold by
The Bank Of New York
Bought by
Heston Jeffrey L and Heston Dolly

Purchase Details

Closed on
Sep 5, 2003
Sold by
Walker Denise M
Bought by
The Bank Of New York and Eqcc Trust 2001-1F
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
Morino Carrol -- None Listed On Document
Morino Carrol -- None Listed On Document
Ludt Rose Mary $35,000 None Listed On Document
Ludt Rose Mary $35,000 None Listed On Document
Powell Rachael L $24,000 Team Title & Closing Services
Heston Jeffrey L $21,500 --
The Bank Of New York $33,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $24,000 -40.0% $10 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $40,000 -- $16 / Sq Ft
Source: Dayton REALTORS®

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 $847 $17,150 $1,220 $15,930
2023 $847 $17,150 $1,220 $15,930
2022 $868 $17,150 $1,220 $15,930
2021 $806 $14,660 $1,040 $13,620
2020 $807 $14,660 $1,040 $13,620
2019 $809 $14,660 $1,040 $13,620
2018 $722 $12,550 $1,040 $11,510
2017 $721 $12,551 $1,043 $11,508
2016 $722 $12,551 $1,043 $11,508
2015 $737 $12,551 $1,043 $11,508
2014 $733 $12,551 $1,043 $11,508
2013 $726 $12,551 $1,043 $11,508
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Trey Bucio

    Howard Hanna Real Estate Serv

    (937) 475-4680

    1 in this area

    6 Total Sales

    Trey Bucio
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Map

Source: Dayton REALTORS®

MLS Number: 895560

Dayton REALTORS®

APN: 34-00700-03322-1003

Ohio Clark County Springfield 45505

509 Prairie Ave Unit 511, Springfield, OH

Not Listed for Sale

MultiFamily

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Dayton REALTORS® 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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