552 E Cecil St Unit 554 Springfield, OH 45503
Estimated Value: $142,000 - $196,000
4
Beds
2
Baths
2,836
Sq Ft
$61/Sq Ft
Est. Value
About This Home
As of April 2024Welcome to a remarkable property opportunity in the heart of Springfield Ohio! This spacious property, boasting a total area of 2368 square feet, presents an enticing prospect for both investors and owner-occupiers alike. This property offers the perfect blend of comfortable living and income generation. Each side of the property comes complete with two bedrooms, one bath, and full basements, offering ample storage or additional living space. With separate entrances for each unit, tenants can enjoy privacy and independence while contributing to your investment returns. For owner-occupiers, this setup presents a unique opportunity for house hacking, allowing you to live in one unit while renting out the other—a savvy financial strategy that helps offset mortgage expenses.
Last Agent to Sell the Property
Coldwell Banker Heritage License #2014003166 Listed on: 03/14/2024
Last Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 5,227 Sq Ft Lot
Parking
- Detached Garage
Home Design
- 2,836 Sq Ft Home
- Duplex
- Vinyl Siding
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Basement
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 3400700035209013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
Apr 15, 2024
Sold by
Simon Inv Properties Llc
Bought by
Serrano Hector
Seller's Agent
Arthur Solomon
Coldwell Banker Heritage
Buyer's Agent
NON MEMBER
NON MEMBER OFFICE
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,749
Avg. Annual Appreciation
-1.33%
Purchase Details
Closed on
Aug 23, 2023
Sold by
Wilson Thomas R and Wilson Patricia A
Bought by
Simon Investment Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 1, 1995
Sold by
Vinson Jerome S
Bought by
Wilson Thomas R and Wilson Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
9.12%
Mortgage Type
VA
Purchase Details
Closed on
Apr 27, 1990
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serrano Hector | $180,000 | Ohio Real Estate Title | |
| Simon Investment Properties Llc | $12,000 | Ohio Real Estate Title | |
| Wilson Thomas R | $69,900 | -- | |
| -- | $57,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Serrano Hector | $126,000 | |
| Previous Owner | Simon Investment Properties Llc | $86,000 | |
| Previous Owner | Wilson Thomas R | $104,608 | |
| Previous Owner | Wilson Thomas R | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $180,000 | -5.2% | $63 / Sq Ft |
| 03/18/2024 03/18/24 | Pending | -- | -- | -- |
| 03/14/2024 03/14/24 | For Sale | $189,900 | -- | $67 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History Compared to Growth
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 | $1,747 | $42,620 | $5,330 | $37,290 |
| 2023 | $14,448 | $42,620 | $5,330 | $37,290 |
| 2022 | $23,331 | $42,620 | $5,330 | $37,290 |
| 2021 | $1,339 | $33,800 | $3,840 | $29,960 |
| 2020 | $1,342 | $33,800 | $3,840 | $29,960 |
| 2019 | $1,346 | $33,800 | $3,840 | $29,960 |
| 2018 | $1,119 | $28,750 | $3,280 | $25,470 |
| 2017 | $1,118 | $28,753 | $3,280 | $25,473 |
| 2016 | $1,119 | $28,753 | $3,280 | $25,473 |
| 2015 | $1,141 | $28,753 | $3,280 | $25,473 |
| 2014 | $1,136 | $28,753 | $3,280 | $25,473 |
| 2013 | $1,124 | $28,753 | $3,280 | $25,473 |
Source: Public Records
Agents Affiliated with this Home
-
Arthur Solomon
Seller's Agent in 2024
Arthur Solomon
Coldwell Banker Heritage
(937) 631-5562
229 in this area
410 Total Sales
-
N
Buyer's Agent in 2024
NON MEMBER
NON MEMBER OFFICE
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 224007490
APN: 34-00700-03520-9013
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