NOT LISTED FOR SALE

612 Cedar St Unit 614 Springfield, OH 45504

Estimated Value: $73,000 - $99,000

4 Beds
2 Baths
2,368 Sq Ft
$37/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $84,000 $35 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $539/month

52 Days on Market

About This Home

As of March 2024

Investors! Spacious fully occupied duplex featuring two bedroom units. Newly renovated in one unit with painted wood flooring, freshly painted interior, and newer kitchen cabinets. Property is managed by a professional management company too! If you are looking for an investment opportunity, you will not want to miss this one!

Last Agent to Sell the Property

Mendy Hedges

Red 1 Realty License #2021004003 Listed on: 12/26/2023

Red 1 Realty

Last Buyer's Agent

Julian Montunnas

Howard Hanna Real Estate Svcs License #2017002308

Howard Hanna Real Estate Svcs

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1911

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • Off-Street Parking: 1

Home Design

  • 2,368 Sq Ft Home
  • Duplex
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 3400600005412043

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $672
  • Operating Expense $2,472
  • Gross Income $17,940
  • Net Operating Income $15,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$921

Year Built

Built in 1911

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1911
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.12
  • Total Gross Income: 17940.0
  • Professional Management Expense: 1368.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 42.19
  • Remarks Misc Hot Sheet Comments: new
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 17940.0
  • Annual Expenses: 2472.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2368.0
  • Construction Block3: Yes
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Aluminum: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 672.0

Schools

  • Junior High Dist: SPRINGFIELD CSD 1206 CLA CO.

Lot Info

  • Parcel Number: 3400600005412043
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Monthly Rent (Other): 845.0
  • Number Of Units Total: 2
  • Net Operating Income: 15468.0
  • Annual Operating Expense: 2472.0

Tax Info

  • Tax Annual Amount: 921.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Mar 18, 2024
Sold by
Gray Eric M
Bought by
Shirichena Christian and Shirichena Kudzai
Seller's Agent
Mendy Hedges
Red 1 Realty
Buyer's Agent
Julian Montunnas
Howard Hanna Real Estate Svcs
List Price
$99,900
Sold Price
$84,000
Premium/Discount to List
-$15,900
-15.92%
Views
67
Current Estimated Value
$87,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,760
Avg. Annual Appreciation
2.19%
Original Mortgage
$63,000
Outstanding Balance
$61,769
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$25,991

Purchase Details

Closed on
Jul 14, 2005
Sold by
Resinger Joseph O and Reisinger Adrienne M
Bought by
Gray Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,250
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Brandenburg Calvin L and Brandenburg Fabenne M
Bought by
Gray Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,250
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Reisinger Joseph O and Reisinger Adrienne M
Bought by
Brandenburg Calvin L and Brandenburg Fabenne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,250
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2004
Sold by
Brandenburg Calvin L and Brandenburg Fabenne M
Bought by
Brandenburg Calvin L and Brandenburg Fabenne M

Purchase Details

Closed on
Oct 31, 2002
Sold by
Erdman Greg and Erdman Kathleen K
Bought by
Brandenburg Calvin L and Brandenburg Fabenne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1998
Sold by
Conners Jerry and Conners Mary Jo
Bought by
Erdman Greg and Erdman Kathleen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,300
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1998
Sold by
Mccarty James F and Mccarty Loraine
Bought by
Conners Jerry and Conners Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,300
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Shirichena Christian $84,000 None Listed On Document
Shirichena Christian $84,000 None Listed On Document
Gray Eric M -- --
Gray Eric M $47,500 --
Brandenburg Calvin L -- --
Brandenburg Calvin L -- --
Brandenburg Calvin L $25,000 --
Erdman Greg $27,000 --
Conners Jerry $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shirichena Christian $63,000
Closed Shirichena Christian $63,000
Previous Owner Gray Eric M $33,250
Previous Owner Brandenburg Calvin L $40,500
Previous Owner Erdman Greg $24,300
Closed Gray Eric M $9,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $84,000 -15.9% $35 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
12/26/2023 12/26/23 For Sale $99,900 -- $42 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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
2025 $922 $24,810 $3,940 $20,870
2024 $899 $18,200 $3,410 $14,790
2023 $899 $18,200 $3,410 $14,790
2022 $921 $18,200 $3,410 $14,790
2021 $826 $15,040 $2,810 $12,230
2020 $828 $15,040 $2,810 $12,230
2019 $830 $15,040 $2,810 $12,230
2018 $930 $16,160 $3,310 $12,850
2017 $929 $16,156 $3,311 $12,845
2016 $930 $16,156 $3,311 $12,845
2015 $1,002 $17,077 $3,311 $13,766
2014 $998 $17,077 $3,311 $13,766
2013 $987 $17,077 $3,311 $13,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223040660

Columbus and Central Ohio Regional MLS

APN: 34-00600-00541-2043

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