NOT LISTED FOR SALE

618 Cedar St Unit 620 Springfield, OH 45504

Estimated Value: $67,029 - $87,000

6 Beds
2 Baths
2,296 Sq Ft
$35/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $82,500 $36 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $487/month

12 Days on Market

About This Home

As of February 2024

Terrific investment opportunity. Duplex has a newly replaced roof, and improved bathroom and kitchen for one unit. Both units are fully occupied, with professional management utilized. This is an ideal opportunity to add to an investment portfolio for the new year!

Last Agent to Sell the Property

Mendy Hedges

Red 1 Realty License #2021004003 Listed on: 12/27/2023

Red 1 Realty

Last Buyer's Agent

Dana Ward

Reddraw, LLC License #2025001284

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,296 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 3400600005412042

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,814
  • Gross Income $16,500
  • Net Operating Income $13,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$719

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2022
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.1
  • Total Gross Income: 16500.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 16500.0
  • Annual Expenses: 2814.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 2296.0
  • 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

  • Parking Features On Street2: Yes

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

Schools

  • Junior High Dist: SPRINGFIELD CSD 1206 CLA CO.

Lot Info

  • Parcel Number: 3400600005412042
  • Lot Size Sq Ft: 4356.0

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13686.0
  • Annual Operating Expense: 2814.0

Tax Info

  • Tax Annual Amount: 719.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Feb 20, 2024
Sold by
Gray Eric M
Bought by
Coteau Manouchekan Denizard
Seller's Agent
Mendy Hedges
Red 1 Realty
Buyer's Agent
Dana Ward
Reddraw, LLC
List Price
$99,900
Sold Price
$82,500
Premium/Discount to List
-$17,400
-17.42%
Views
23
Current Estimated Value
$80,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,993
Avg. Annual Appreciation
-1.49%

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
$30,450
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
$30,450
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
$30,450
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 23, 2000
Sold by
Huff Roger M
Bought by
Reisinger Joseph O and Brandenburg Calvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
7.9%
Mortgage Type
VA

Purchase Details

Closed on
Jun 6, 1995
Sold by
Williams Henry K
Bought by
Young Scarlet
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 Buyer Sale Price Title Company
Coteau Manouchekan Denizard $82,500 Chicago Title Company
Gray Eric M -- --
Gray Eric M $43,500 --
Brandenburg Calvin L -- --
Brandenburg Calvin L -- --
Reisinger Joseph O $42,500 --
Young Scarlet $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Eric M $30,450
Previous Owner Reisinger Joseph O $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $82,500 -17.4% $36 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $99,900 -- $44 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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 $702 $14,210 $3,080 $11,130
2023 $702 $14,210 $3,080 $11,130
2022 $719 $14,210 $3,080 $11,130
2021 $645 $11,740 $2,540 $9,200
2020 $647 $11,740 $2,540 $9,200
2019 $648 $11,740 $2,540 $9,200
2018 $736 $12,790 $2,990 $9,800
2017 $735 $12,797 $2,993 $9,804
2016 $736 $12,797 $2,993 $9,804
2015 $794 $13,528 $2,993 $10,535
2014 $791 $13,528 $2,993 $10,535
2013 $782 $13,528 $2,993 $10,535
Source: Public Records

Agents Affiliated with this Home

  • Mendy Hedges

    Seller's Agent in 2024

    Mendy Hedges

    Red 1 Realty

    (513) 836-6601

    3 in this area

    24 Total Sales

    Mendy Hedges
    Section Image
  • Dana Ward

    Buyer's Agent in 2024

    Dana Ward

    Reddraw, LLC

    (937) 248-3331

    21 in this area

    451 Total Sales

    Dana Ward
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223040670

Columbus and Central Ohio Regional MLS

APN: 34-00600-00541-2042

Ohio Clark County Springfield 45504

618 Cedar St Unit 620, Springfield, OH

This home is located at 618 Cedar St Unit 620, Springfield, OH 45504 since 27 December 2023 and is currently estimated at $80,507, approximately $35 per square foot. This property was built in 1910. 618 Cedar St Unit 620 is a home located in Clark County with nearby schools including Snyder Park Elementary School, Roosevelt Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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