NOT LISTED FOR SALE

860 Ormsby Dr Xenia, OH 45385

5 Acres
-- Price per Acre
228,690 Sq Ft Lot

Last Sold August 10, 2023

Last sale price $110,000

45 Days on Market

About This Lot

As of August 2023

ABSOLUTE AUCTION selling to the highest bidder regardless of price. 5.25 acres of RESIDENTIAL DEVELOPMENT property located in the City of Xenia near South Detroit Street, Legacy Village and the Athletes in Action Campus. Zoned R-1C (One Family Residential) with 21 potential lots available and all public utilities available. Seller to provide new boundary survey in one parcel. 15-year real estate tax abatement opportunity available through the city's Community Reinvestment Area (CRA) program to the developer that passes to the eventual homeowners, creating very little holding costs for this property. Contact the city for full details on this abatement program. Great development and investment opportunity. Former site of Spring Hill Elementary, Xenia Community Schools, owner. Live and online bidding will be available. Property sells on Wed, May 31 at 1:00 pm at the Xenia Community Schools Board Office at 819 Colorado Drive, Xenia, OH. List price is for searching purposes only, and property sells to the highest bidder regardless of price. Visit auction company's website for full terms and details.

Last Listed By

Matt Sheridan

Sheridans LLC Brokerage Phone: (937) 766-2300 License #2018004265 Listed on: 05/02/2023

Property Details

Property Type

  • Land

Year Built

  • 1951

Lot Details

  • 5.25 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number M40000200140013000

Property Details

Property Type

Land

Year Built

1951

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Cross Street: Home Avenue
  • Attribution Contact: (937) 766-2300
  • LotFeatures: Acreage
  • Lot Size Acres: 5.25
  • Co List Office Mls Id: SHRD01
  • Co List Office Phone: (937) 766-2300
  • Co List Office Phone: (937) 766-2300
  • MLS Status: Closed
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Acreage
  • Special Features: 4160
  • Year Built (Public Record): 1951

Interior Features

  • Possible Use: Single Family
  • Property Type: Land

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Xenia

Lot Info

  • Lot Dimensions: 5.25 Acres
  • Parcel Number: M40000200140013000
  • Zoning Description: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Aug 10, 2023
Sold by
Board Of Education Of Xenia City School
Bought by
Tough As Nayles Llc
Seller's Agent
Matt Sheridan
Sheridans LLC
Buyer's Agent
Matt Sheridan
Sheridans LLC
List Price
$99,000
Sold Price
$110,000
Premium/Discount to List
$11,000
11.11%
Total Days on Market
45
Views
89

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
Tough As Nayles Llc $110,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $110,000 +11.1% --
06/15/2023 06/15/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $99,000 -- --
Source: Dayton REALTORS®

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 -- $10,290 $10,290 $0
2023 $0 $10,290 $10,290 $0
2022 $0 $10,290 $10,290 $0
2021 $0 $10,290 $10,290 $0
2020 $0 $10,290 $10,290 $0
2019 $0 $10,290 $10,290 $0
2018 $0 $10,290 $10,290 $0
2017 $0 $10,290 $10,290 $0
2016 $0 $10,290 $10,290 $0
2015 -- $10,290 $10,290 $0
2014 -- $10,290 $10,290 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 885237

Dayton REALTORS®

APN: M40-0002-0014-0-0130-00