NOT LISTED FOR SALE

725 Olive St Unit 727 Springfield, OH 45503

Estimated Value: $114,000 - $140,099

6 Beds
2 Baths
2,704 Sq Ft
$47/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $56,000 $21 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $869/month

14 Days on Market

Highlights

  • Attic
  • Porch
  • Wood Siding
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2022

Here is your chance to start your real estate portfolio with this side-by-side double located North in The City! In need of some TLC to be ready for some new tenants.Both units are currently vacant.

Last Agent to Sell the Property

Alva & Lori Fulk

Real Estate II, Inc. License #267155 Listed on: 04/08/2022

Last Buyer's Agent

James Burton

Burton-Minnick, Inc. License #349586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 1897

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 61x58

Parking

  • No Garage

Home Design

  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3400700035222011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,632

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Classic
  • Structure Type: House
  • Level Style: Two
  • Semi-Annual Tax: 816.00
  • Year Built: 1897
  • Document Count: 2
  • Documents: Other, Property Disclosure and Lead Based Paint
  • Listing Cond: No
  • Listing I D: 1017570
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Parcel I D Number Formatted: 3400700035222011
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Total Number of Units: 2
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Full, Unfinished
  • Inside Features: Attic
  • Price/ Sq Ft: 18.49
  • Total Bedrooms: 6
  • Total Square Footage: 2704.00

Exterior Features

  • Exterior: Wood Siding
  • Foundation: Block
  • Outside Features: Porch

Garage/Parking

  • Garage: No Garage

Utilities

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

Schools

  • School District: 0000 Other School District

Lot Info

  • Acres: 0.08
  • Lot Dimensions: 61x58
  • Zoning: Residential
  • Land Info: Plat, Residential Lot
  • Parcel Id Number: 3400700035222011

Tax Info

  • Tax Year: 2021

MLS Schools

  • School District: 0000 Other School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2023
Sold by
Orange Door Ventures Llc
Bought by
Battle Rhea Renee
Total Days on Market
14
Current Estimated Value
$127,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Outstanding Balance
$94,523
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$32,362

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 11, 2022
Sold by
James Smith
Bought by
Orange Door Ventures Llc
Seller's Agent
Alva & Lori Fulk
Real Estate II, Inc.
Buyer's Agent
James Burton
Burton-Minnick, Inc.
List Price
$50,000
Sold Price
$56,000
Premium/Discount to List
$6,000
12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.30%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Shuirr Walter A and Shuirr Norma J
Bought by
Smith James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,575
Interest Rate
9.52%
Mortgage Type
Stand Alone First
Source: Public Records

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Range of Values:

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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
Battle Rhea Renee -- Team Title & Closing Services
Orange Door Ventures Llc $56,000 Team Title & Closing Services
Smith James $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Battle Rhea Renee $95,900
Previous Owner Smith James $58,000
Previous Owner Smith James $55,575
Previous Owner Shuirr Walter A $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $56,000 +12.0% $21 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $50,000 -- $18 / 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 $1,856 $37,570 $4,360 $33,210
2023 $1,856 $37,570 $4,360 $33,210
2022 $1,901 $37,570 $4,360 $33,210
2021 $1,633 $29,710 $3,140 $26,570
2020 $1,636 $29,710 $3,140 $26,570
2019 $1,640 $29,710 $3,140 $26,570
2018 $1,446 $25,140 $2,680 $22,460
2017 $1,445 $25,141 $2,681 $22,460
2016 $1,447 $25,141 $2,681 $22,460
2015 $1,475 $25,141 $2,681 $22,460
2014 $1,469 $25,141 $2,681 $22,460
2013 $1,453 $25,141 $2,681 $22,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1017570

Western Regional Information Systems & Technology (WRIST)

APN: 34-00700-03522-2011