NOT LISTED FOR SALE

551 Piney Branch Rd Springfield, OH 45503

Estimated Value: $72,000 - $192,000

3 Beds
1 Bath
1,008 Sq Ft
$105/Sq Ft Est. Value

Last Sold February 14, 2025

Last sale price $68,500 $68 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $735/month

5 Days on Market

Highlights

  • 0.47 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Arden Road Elementary School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of February 2025

Awesome opportunity for Rehab Investors searching for that ''Diamond in the Rough'', with unlimited possibilities, as a perfect Winter Project. The seller is not going to candy coat it.......needs plenty of TLC, but in an area of Springfield where the Cost to Cure warrants profitability of the investment. The former owner had big plans and started renovations, but sadly was unable to complete. Beamed cathedral ceilings manifest throughout. The kitchen has a new footprint and newer cabinets, but could easily be opened up into the adjoining great room. Furnace, C/A and hot water heater were all new in 2007 (they were functioning when gas was turned off) Updated plumbing in kitchen and bath and newer exterior doors. Huge 3 car garage with shelving, workshop area and 220. Private spacious lot, with fenced in rear yard and circular drive. It may be an ''Ugly Duckling'' but bring your renovation ideas and transform it into a striking Showplace. Selling As Is/Where is.

Last Agent to Sell the Property

Pattie Armstrong

Brokers Real Estate License #000409004 Listed on: 12/08/2024

Last Buyer's Agent

Pattie Armstrong

Brokers Real Estate License #000409004 Listed on: 12/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1954

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 140x145
  • Fenced
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3400300025304002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,144

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Architectural Style: Ranch
  • Structure Type: House
  • Level Style: One
  • Semi-Annual Tax: 1072.11
  • Year Built: 1954
  • Documents: Other
  • Listing Cond: No
  • Listing I D: 1035976
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Other New Financing
  • Parcel I D Number Formatted: 34003000025304002
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: None
  • Inside Features: Ceiling Fan(s), Wood Floors
  • Price/ Sq Ft: 87.20
  • Total Bedrooms: 3
  • Total Square Footage: 1008.00

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Slab
  • Outside Features: Fenced

Garage/Parking

  • Garage: Attached, Workshop in Garage, Garage Door Opener
  • Garage Spaces: 3.00

Utilities

  • Cooling: Central Air
  • Heating System: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Lot Info

  • Acres: 0.47
  • Lot Dimensions: 140X145
  • Zoning: Residential
  • Land Info: Residential Lot, Wooded
  • Parcel Id Number: 3400300025304002

Tax Info

  • Tax Year: 2023

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Feb 14, 2025
Sold by
Strayer Dennis Ray and Shaffer Connie
Bought by
Koster Kevin Michael
Seller's Agent
Pattie Armstrong
Brokers Real Estate
Buyer's Agent
Pattie Armstrong
Brokers Real Estate
List Price
$87,900
Sold Price
$68,500
Premium/Discount to List
-$19,400
-22.07%
Views
22
Current Estimated Value
$105,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,131
Avg. Annual Appreciation
70.70%

Purchase Details

Closed on
Aug 18, 2006
Sold by
Dean Roy and Dean Diana L
Bought by
Strayer Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,438
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1996
Sold by
Perry Arthur K
Bought by
Dean Roy and Dean Diana
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
Koster Kevin Michael $68,500 City Title
Koster Kevin Michael $68,500 City Title
Strayer Dennis R $46,000 None Available
Dean Roy $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strayer Dennis R $46,438
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $68,500 -22.1% $68 / Sq Ft
12/13/2024 12/13/24 Pending -- -- --
12/08/2024 12/08/24 For Sale $87,900 -- $87 / 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 $2,144 $43,410 $9,600 $33,810
2023 $2,144 $43,410 $9,600 $33,810
2022 $2,197 $43,410 $9,600 $33,810
2021 $1,905 $34,660 $6,860 $27,800
2020 $1,909 $34,660 $6,860 $27,800
2019 $1,914 $34,660 $6,860 $27,800
2018 $1,656 $28,790 $11,510 $17,280
2017 $1,655 $30,566 $11,512 $19,054
2016 $1,657 $30,566 $11,512 $19,054
2015 $1,658 $29,709 $11,176 $18,533
2014 $1,651 $29,709 $11,176 $18,533
2013 $1,633 $29,709 $11,176 $18,533
Source: Public Records

Agents Affiliated with this Home

  • Pattie Armstrong

    Seller's Agent in 2025

    Pattie Armstrong

    Brokers Real Estate

    (937) 489-1861

    3 in this area

    224 Total Sales

    Pattie Armstrong
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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1035976

Western Regional Information Systems & Technology (WRIST)

APN: 34-00300-02530-4002

Ohio Clark County Springfield 45503

551 Piney Branch Rd, Springfield, OH

Not Listed for Sale

Detached

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