$250,000
SOLD APR 18, 2025

551 Sherman Dr Franklin, OH 45005

3 Beds
2 Baths
1,046 Sq Ft
1997 Built

Recently Sold

$239 Per Sq Ft

2 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of April 2025

**Please submit highest & best for review and decision tomorrow 3/23 at 7pm. Sellers reserve right to accept an offer at any time. Welcome home to this stairless ranch located in a quiet, established neighborhood. Featuring new flooring, appliances, water heater, stylish light fixtures, fresh paint & newer roof. Outside enjoy a fenced yard and handy shed. Conveniently located minutes from I-75, this home offers easy access to shopping, dining and commuting.

Last Agent to Sell the Property

Melissa Lawwill

Coldwell Banker Heritage License #2015005670 Listed on: 03/21/2025

Coldwell Banker Heritage

Last Buyer's Agent

David Browning

Coldwell Banker Realty, Anders License #2016004486

Coldwell Banker Realty, Anders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 60 x 117

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,046 Sq Ft Home
  • Vinyl Clad Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,786

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Suburb: Franklin
  • Land Description: Less than .5 Acre
  • Broker Approved: Yes
  • Census Tract Realist: 305.01
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Lot Area Realist: 7022.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Franklin
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Entry Area: 28
  • Living Great Rm Dim: 0 x 0
  • Single Family Desc: Single Family
  • Study Lib Den Dim: 0 x 0
  • Water Heating: Gas
  • Year Built: 1997
  • Architecture: Ranch
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Directions: From I-75 to OH-73W, left on Conover, right on 4th Street, right on Sherman, house is on left.
  • Lot Measurement: Acres
  • Status: Sold
  • Property Subtype 1: Single Family Residence
  • Occupancy: At Closing
  • ADU Y/N: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Bedroom 2: 11x10 Level: 1
  • Bedroom 3: 10x9 Level: 1
  • Dining Room: 12x12 Level: 1
  • Family Room: 14x14 Level: 1
  • Property Type: Residential
  • Reciprocal Listing: No
  • Semi Annual Taxes: $1393
  • Bedroom 2 Area: 110
  • Basement: None
  • Bedroom 3 Area: 90
  • Entry: 7x4 Level: 1
  • Bathrooms: 2.00
  • Kitchen Dim: 0 x 0
  • Levels: One
  • Zero Selling Price: No
  • Bathroom 1: Full
  • Level 1 Bath: 1
  • Bathroom 2: Full
  • Bathroom 2 Level: 1
  • Diningroom Area: 144
  • Family Room Area: 196
  • Laundryroom Dim: 0 x 0
  • Recreation Room Dim: 0 x 0
  • Available for Lease: No
  • Bldg Sq Ft (Realist): 1046.00
  • Total Rooms: 6
  • Windows: Vinyl
  • PrimaryBedroomArea: 182
  • PrimaryBedroomDim: 14 x 13
  • PrimaryBedroomLen: 14
  • Primary Bathrooms: Other
  • P R I M A R Y B E D R O O M: 14x13 Level: 1

Exterior Features

  • Fencing: Other
  • Roof: Composition
  • Construction: Vinyl Siding
  • Foundation: Slab
  • Listing Price: 250000.00
  • New Construction: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage Carport: Garage Attached
  • Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Schools

  • District: Franklin City SD

Lot Info

  • Lot Dimensions: 60 X 117
  • Total Assessed Value: 0

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Apr 22, 2025
Sold by
Benson Alexander S and Martin Malyshia Marie
Bought by
Davis Evan Thomas and Davis Aspyn Dawne
Seller's Agent
Melissa Lawwill
Coldwell Banker Heritage
Buyer's Agent
David Browning
Coldwell Banker Realty, Anders
List Price
$250,000
Sold Price
$250,000
Views
56
Current Estimated Value
$247,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,159
Avg. Annual Appreciation
-1.91%
Original Mortgage
$241,250
Outstanding Balance
$240,175
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$7,666

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 7, 2023
Sold by
Joo Robert H
Bought by
Martin Malyshia Marie and Benson Alexander S
Seller's Agent
Kimberly Carpenter
Coldwell Banker Heritage
Buyer's Agent
Stephanie Wenning
Coldwell Banker Heritage
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Views
255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.98%
Original Mortgage
$189,150
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2003
Sold by
Joo Michael S and Beisner Beth M
Bought by
Joo Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2003
Sold by
Jones Charles M and Bank Of New York
Bought by
Joo Michael S and Beisner Beth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,100
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1998
Sold by
Crossmann Communities Of
Bought by
Jones Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,751
Interest Rate
7.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $250,000 None Listed On Document
Deed $195,000 Wave Title
Interfamily Deed Transfer -- --
Sheriffs Deed $92,000 Aspen Title Agency Inc
Deed $97,945 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,250 Credit Line Revolving
Previous Owner $189,150 Credit Line Revolving
Previous Owner $112,000 New Conventional
Previous Owner $74,100 Purchase Money Mortgage
Previous Owner $97,751 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2025 04/19/25 Off Market $250,000 -- --
04/18/2025 04/18/25 Sold $250,000 0.0% $239 / Sq Ft
03/23/2025 03/23/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $250,000 +28.2% $239 / Sq Ft
07/07/2023 07/07/23 Sold $195,000 -2.5% $186 / Sq Ft View Prior Sale
06/16/2023 06/16/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $199,900 0.0% $191 / Sq Ft
06/11/2023 06/11/23 Price Changed $199,900 -4.8% $191 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $209,900 -- $201 / 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 $2,813 $59,780 $17,500 $42,280
2023 $2,431 $46,333 $10,325 $36,008
2022 $2,384 $46,333 $10,325 $36,008
2021 $2,260 $46,333 $10,325 $36,008
2020 $2,172 $39,267 $8,750 $30,517
2019 $1,975 $39,267 $8,750 $30,517
2018 $1,948 $39,267 $8,750 $30,517
2017 $1,893 $34,377 $7,781 $26,597
2016 $2,054 $34,377 $7,781 $26,597
2015 $2,060 $34,377 $7,781 $26,597
2014 $2,018 $33,050 $7,480 $25,570
2013 $1,613 $38,660 $8,750 $29,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1834512

MLS of Greater Cincinnati (CincyMLS)

APN: 04-25-131-011