NOT LISTED FOR SALE

512 E Southern Ave Springfield, OH 45505

Estimated Value: $78,000 - $103,000

3 Beds
2 Baths
1,600 Sq Ft
$57/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $95,000 $59 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $521/month

6 Days on Market

Highlights

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

About This Home

As of September 2024

Located South in the City is this updated duplex. A great opportunity to add this investment property to your portfolio.2 units both tenant occupied. Unit 1: 2 bedrooms, Living room, kitchen, full bath & utility room. Updated flooring. Currently rented for $750 on a month to month lease.Unit 2(upper level): 1 bedroom; potentially 2. Living room, dining room, kitchen & full bath. Currently rented for $750 on a month to month lease.Improvements include: (per seller) Roof 11/'22. Water heater 11/'22. New flooring throughout both units 2021. Seller pays trash and water. 24x20 detached garage with alley access.

Last Agent to Sell the Property

Alva & Lori Fulk

Real Estate II, Inc. License #267155 Listed on: 07/22/2024

Last Buyer's Agent

Theresa Barron

Take A Look Real Estate Brokers License #2010002720

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1891

Lot Details

  • 5,837

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Decorative Fireplace
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 39x150

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 340070003441803800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$534

Year Built

Built in 1891

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Duplex
  • Level Style: Upper/Lower
  • Semi-Annual Tax: 267.00
  • Year Built: 1891
  • Documents: Other, Property Disclosure and Lead Based Paint
  • Listing I D: 1033246
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, FHA, Conventional
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Units Rooms Gross Monthly Rent: 1500.00
  • 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

Interior Features

  • Appliances: Gas Water Heater
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Price/ Sq Ft: 56.19
  • Fireplace: Decorative
  • Total Bedrooms: 3
  • Total Square Footage: 1600.00

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Cellar
  • Outside Features: Porch

Garage/Parking

  • Garage: Detached
  • Garage Spaces: 2.00

Utilities

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

Lot Info

  • Lot Dimensions: 39x150
  • Zoning: Residential
  • Land Info: Plat, Residential Lot
  • Parcel Id Number: 340070003441803800

Tax Info

  • Tax Year: 2023

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Sharman Kevin and Sharman Yoko
Bought by
Springfield Holdings Llc
Current Estimated Value
$90,926

Purchase Details

Listed on
Jul 22, 2024
Closed on
Sep 19, 2024
Sold by
Wolfe Patrick and Wolfe Yolanda
Bought by
Sharman Kevin
Seller's Agent
Alva & Lori Fulk
Real Estate II, Inc.
Buyer's Agent
Theresa Barron
Take A Look Real Estate Brokers
List Price
$89,900
Sold Price
$95,000
Premium/Discount to List
$5,100
5.67%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.39%
Original Mortgage
$76,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 3, 2022
Closed on
Nov 2, 2022
Sold by
Ellis Tommy F
Bought by
Wolfe Patrick
Seller's Agent
Ryan King
Real Estate II, Inc.
Buyer's Agent
Alva & Lori Fulk
Real Estate II, Inc.
List Price
$69,900
Sold Price
$64,900
Premium/Discount to List
-$5,000
-7.15%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.47%

Purchase Details

Closed on
Jul 13, 2018
Sold by
Caudill Effie and Pressnell Effie
Bought by
Ellis Tommy F

Purchase Details

Closed on
Aug 17, 1990
Sold by
Caudill Rudolph F and Caudill Effie
Bought by
Caudill Effie

Purchase Details

Closed on
Oct 1, 1979
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
Springfield Holdings Llc -- Genesis Title Agency Llc
Sharman Kevin $95,000 Ohio Real Estate Title
Sharman Kevin $95,000 Ohio Real Estate Title
Wolfe Patrick $649,000 Team Title & Closing Services
Wolfe Patrick $649,000 Team Title & Closing Services
Ellis Tommy F $25,000 None Available
Caudill Effie -- --
-- $10,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharman Kevin $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $95,000 +5.7% $59 / Sq Ft
08/15/2024 08/15/24 For Sale $89,900 0.0% $56 / Sq Ft
07/28/2024 07/28/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $89,900 +38.5% $56 / Sq Ft
11/02/2022 11/02/22 Sold $64,900 -7.2% $41 / Sq Ft View Prior Sale
10/19/2022 10/19/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $69,900 -- $44 / 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 $533 $10,790 $1,100 $9,690
2023 $533 $10,790 $1,100 $9,690
2022 $546 $10,790 $1,100 $9,690
2021 $498 $9,070 $910 $8,160
2020 $500 $9,070 $910 $8,160
2019 $501 $9,070 $910 $8,160
2018 $467 $8,120 $860 $7,260
2017 $467 $8,121 $865 $7,256
2016 $467 $8,121 $865 $7,256
2015 $461 $7,851 $865 $6,986
2014 $459 $7,851 $865 $6,986
2013 $454 $7,851 $865 $6,986
Source: Public Records

Agents Affiliated with this Home

  • Alva & Lori Fulk

    Seller's Agent in 2024

    Alva & Lori Fulk

    Real Estate II, Inc.

    (937) 360-3053

    254 in this area

    408 Total Sales

    Alva & Lori Fulk
    Section Image
  • Theresa Barron

    Buyer's Agent in 2024

    Theresa Barron

    Take A Look Real Estate Brokers

    (614) 778-8503

    4 in this area

    85 Total Sales

    Theresa Barron
    Section Image
  • Ryan King

    Seller's Agent in 2022

    Ryan King

    Real Estate II, Inc.

    (937) 390-3119

    107 in this area

    177 Total Sales

    Ryan King
    Section Image

  • N

    Buyer Co-Listing Agent in 2022

    Natalie Fulk

    Real Estate II, Inc.

    (937) 679-1082

    31 in this area

    43 Total Sales

    Natalie Fulk
    Section Image
See All Agents

Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1033246

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03441-8038

Ohio Clark County Springfield 45505

512 E Southern Ave, Springfield, OH

Not Listed for Sale

MultiFamily

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