NOT LISTED FOR SALE

550 W Market St Springboro, OH 45066

Estimated Value: $229,000 - $235,861

3 Beds
2 Baths
1,231 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $89,900 $73 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,445/month

4 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Springboro Intermediate School Rated A-
  • Patio
  • 4-minute walk to Community Park

About This Home

As of January 2014

Tri-level w/nearly 1,250 sq ft including a finished lower level. Eat-in kitchen w/plenty of cabinet space. The lower level offers the 2nd full bath & is perfect as a family room. The fenced backyard backs up to a park & offers a covered patio.

Last Agent to Sell the Property

Timothy Hall

RE/MAX Victory + Affiliates License #0000394672 Listed on: 12/12/2013

Last Buyer's Agent

Melissa Smith

Coldwell Banker Realty License #2020001150

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1969

Lot Details

  • 7,562

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,231 Sq Ft Home
  • Insulated Windows
  • Family Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Patio
  • 7,562 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Royal Oaks Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,594

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Suburb: Springboro
  • Degree Complete: Completed
  • Broker Approved: Yes
  • Miscellaneous: 220 Volt,Home Warranty
  • Basement Sq Ft: 260
  • Census Tract Realist: 305.03
  • Cooling: Central Air
  • Heating: Gas, Forced Air
  • Lot Area Realist: 7561.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Springboro
  • Price Per Acre: 517857.14
  • Basement Features: Finished
  • Level 1 Bathroom: No
  • Level 1 Bedroom: No
  • Entry Area: 16
  • Living Great Rm Area: 204
  • Living Great Rm Dim: 17 x 12
  • Living Great Rm Len: 17
  • Living Great Rm Wid: 12
  • Single Family Desc: Single Family
  • Study Lib Den Dim: 0 x 0
  • Year Built: 1969
  • School 1 Type: District Phone
  • Architecture: Traditional
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Directions: St Rt73 to L on Royal, R on W Market St
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2013-12-12
  • Property Subtype 1: Single Family Residence
  • Street Direction: W
  • Suburb (SIC): Royal Oaks Park
  • Occupancy: Negotiable
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 11x11 Level: 2
  • Bedroom 3: 10x9 Level: 2
  • Family Room: 24x11 Level: Lower
  • Living Room: 17x12 Level: 1
  • Formal Dining Room: No
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 937-748-3960
  • Semi Annual Taxes: $797
  • Kitchen: 6x11 Level: 1
  • Appliances: Oven/Range, Refrigerator
  • Bedroom 2 Area: 121
  • Basement: Full
  • Bedroom 3 Area: 90
  • Entry: 4x4 Level: 1
  • Bathrooms: 2.00
  • Kitchen Area: 66
  • Kitchen Dim: 6 x 11
  • Levels: 0
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 2
  • Bathroom 2: Full
  • Bathroom 2 Level: Lower
  • Family Room Area: 264
  • Laundry Room: 8x6 Level: Lower
  • Laundry Room Area: 48
  • Laundryroom Dim: 8 x 6
  • Recreation Room Dim: 0 x 0
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1231.00
  • Total Rooms: 8
  • Windows: Insulated, Storm
  • First Floor Family Room: Yes
  • PrimaryBedroomArea: 120
  • PrimaryBedroomDim: 12 x 10
  • PrimaryBedroomLen: 12
  • P R I M A R Y B E D R O O M: 12x10 Level: 2

Exterior Features

  • Roof: Shingle
  • Construction: Vinyl Siding
  • Outside Features: Patio
  • Foundation: Poured
  • Listing Price: 89900.00
  • Acres: 0.1736
  • New Construction: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage Carport: Garage Attached,Front
  • Parking: Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Fee Frequency: Other
  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Springboro Community

Lot Info

  • Lot Dimensions: .1736 acres
  • Lot Size Sq Ft: 7562.00
  • Total Assessed Value: Of record
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2018
Sold by
Equity Trust Co
Bought by
Rumher Rachel M and Rumker Max G
Current Estimated Value
$233,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,479
Outstanding Balance
$120,708
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$106,813

Purchase Details

Closed on
Sep 19, 2018
Sold by
Burton James R
Bought by
Equity Trust Co

Purchase Details

Listed on
Dec 12, 2013
Closed on
Jan 24, 2014
Sold by
Mccomb Jennifer L and Markee Jennifer L
Bought by
Burton James R
Seller's Agent
Timothy Hall
RE/MAX Victory + Affiliates
Buyer's Agent
Melissa Smith
Coldwell Banker Realty
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$88,271
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Mccomb Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,174
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 4, 2010
Sold by
Wells Larry D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 31, 2008
Sold by
Wells Larry D and Wells Susan L
Bought by
Wells Larry D and Wells Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,816
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2000
Sold by
Tyo James J
Bought by
Wells Larry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,759
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 1998
Sold by
Heath Lynn S
Bought by
Tyo James J and Tyo Kendra R

Purchase Details

Closed on
Jul 28, 1987
Sold by
Saunders Robt S and Saunders Virg
Bought by
Heath and Heath Charles B

Purchase Details

Closed on
Dec 1, 1978
Sold by
Caudill Caudill and Caudill Meredith

Purchase Details

Closed on
Mar 16, 1978
Sold by
Caudill Caudill and Caudill Meredith
Source: Public Records

Range of Values:

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Average Value
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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
Rumher Rachel M $140,700 National Title Company
Equity Trust Co $86,900 None Available
Burton James R $89,900 None Available
Mccomb Jennifer L $72,000 Lakeside Title & Escrow
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $73,334 None Available
Wells Larry D -- American Homeland Title Agen
Wells Larry D $110,816 --
Tyo James J $88,000 --
Heath $66,500 --
-- $47,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rumher Rachel M $136,479
Previous Owner Burton James R $88,271
Previous Owner Mccomb Jennifer L $70,174
Previous Owner Wells Larry D $139,816
Previous Owner Wells Larry D $108,000
Previous Owner Wells Larry D $27,000
Previous Owner Wells Larry D $110,759
Closed Tyo James J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2014 04/27/14 Off Market $89,900 -- --
01/24/2014 01/24/14 Sold $89,900 0.0% $73 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $89,900 -- $73 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

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 $2,111 $54,050 $17,500 $36,550
2023 $1,839 $43,186 $10,762 $32,424
2022 $1,812 $43,187 $10,763 $32,424
2021 $1,686 $43,187 $10,763 $32,424
2020 $1,568 $35,112 $8,750 $26,362
2019 $1,486 $35,112 $8,750 $26,362
2018 $1,447 $35,112 $8,750 $26,362
2017 $1,451 $31,721 $8,134 $23,587
2016 $1,514 $31,721 $8,134 $23,587
2015 $1,517 $31,721 $8,134 $23,587
2014 $1,555 $30,800 $7,900 $22,900
2013 $1,554 $34,130 $8,750 $25,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1384188

MLS of Greater Cincinnati (CincyMLS)

APN: 04-13-127-010