NOT LISTED FOR SALE

555 E Madison Ave Springfield, OH 45503

Estimated Value: $120,000 - $134,000

3 Beds
1 Bath
1,574 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $77,500 $49 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $791/month

240 Days on Market

Highlights

  • Deck
  • Porch
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of March 2021

Back on the market due to Buyer's financing falling through. BRAND NEW FURNACE AND CENTRAL AIR UNIT INSTALLED (July 2020)!! This beautiful home boasts tons of character and is located on a corner lot. Inside you will find 3 spacious bedrooms and an updated bath upstairs. The main living area has plenty of room to entertain or just kick back and relax. The exterior of the home has just been painted and landscaped. The interior has been freshly painted, new windows installed, new sewage line ran, weatherized and has been lead abated. Seller is offering a Home Warranty!

Last Agent to Sell the Property

Angela Bishop

Howard Hanna Real Estate Services License #2016006393 Listed on: 07/01/2020

Howard Hanna Real Estate Services

Last Buyer's Agent

Kimberly Clark-Boggs

Keller Williams Home Town Realty License #2013002331

Keller Williams Home Town Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1909

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,574 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Window Treatments
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3400700035223021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: House
  • Level Style: Two
  • Semi-Annual Tax: 1099.36
  • Year Built: 1909
  • Documents: Property Disclosure and Lead Based Paint
  • Listing I D: 1003972
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, VA Loan, FHA, Conventional
  • Property Group I D: 19990816212109142258000000
  • Subtype: Single Family Residence
  • Type Of Contract: Exclusive Right To Sell
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Full, Unfinished
  • Inside Features: Ceiling Fan(s), Window Coverings, Wood Floors
  • Price/ Sq Ft: 50.44
  • Fireplace: Decorative
  • Total Bedrooms: 3
  • Total Square Footage: 1574.00

Exterior Features

  • Exterior: Wood Siding
  • Outside Features: Deck, Porch, Fenced

Garage/Parking

  • Garage: No Garage

Utilities

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

Lot Info

  • Acres: 0.12
  • Lot Dimensions: 58*86
  • Zoning: Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 3400700035223021

Tax Info

  • Tax Year: 2019

MLS Schools

  • School District: 1206 Springfield CSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Mar 2, 2021
Sold by
Arriaga Lacy and Lethcoe John J
Bought by
Maiorano Kellye and Maiorano Jeffery M
Seller's Agent
Angela Bishop
Howard Hanna Real Estate Services
Buyer's Agent
Kimberly Clark-Boggs
Keller Williams Home Town Realty
List Price
$79,399
Sold Price
$77,500
Premium/Discount to List
-$1,899
-2.39%
Current Estimated Value
$127,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,589
Avg. Annual Appreciation
10.81%
Original Mortgage
$62,000
Outstanding Balance
$55,198
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$71,891

Purchase Details

Closed on
Oct 9, 2009
Sold by
Johnson Tim and Johnson Shauna
Bought by
Brewer Lacy and Lethcoe John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,404
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2008
Sold by
Citimortgage Inc
Bought by
Johnson Tim and Johnson Shauna

Purchase Details

Closed on
May 9, 2008
Sold by
Hower Grace L
Bought by
Citimortgage Inc

Purchase Details

Closed on
Sep 13, 2002
Sold by
Fundraising Ucf
Bought by
Hower Grace L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,908
Interest Rate
6.54%
Mortgage Type
FHA
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
Maiorano Kellye $77,500 First Ohio Title
Brewer Lacy $59,500 Team Title & Closing Service
Johnson Tim $25,000 Rels Title
Citimortgage Inc $40,000 Attorney
Hower Grace L $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maiorano Kellye $62,000
Previous Owner Brewer Lacy $58,404
Previous Owner Hower Grace L $74,908
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $77,500 -2.4% $49 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $79,399 0.0% $50 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
11/20/2020 11/20/20 Price Changed $79,399 -0.1% $50 / Sq Ft
11/11/2020 11/11/20 Price Changed $79,499 -3.6% $51 / Sq Ft
08/30/2020 08/30/20 Price Changed $82,499 -2.8% $52 / Sq Ft
08/17/2020 08/17/20 Price Changed $84,900 -3.4% $54 / Sq Ft
08/13/2020 08/13/20 Price Changed $87,900 -2.2% $56 / Sq Ft
08/07/2020 08/07/20 Price Changed $89,900 +2.7% $57 / Sq Ft
07/01/2020 07/01/20 For Sale $87,500 -- $56 / 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 $1,508 $28,490 $5,220 $23,270
2023 $1,508 $28,490 $5,220 $23,270
2022 $1,541 $28,490 $5,220 $23,270
2021 $1,321 $24,710 $3,760 $20,950
2020 $1,324 $24,710 $3,760 $20,950
2019 $1,328 $24,710 $3,760 $20,950
2018 $1,093 $19,520 $3,210 $16,310
2017 $1,092 $18,592 $3,213 $15,379
2016 $1,094 $18,592 $3,213 $15,379
2015 $1,209 $18,592 $3,213 $15,379
2014 $1,204 $18,592 $3,213 $15,379
2013 $1,191 $18,592 $3,213 $15,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1003972

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03522-3021