3 months on rocket

1567 Karr St, Springfield, OH, 45503

$209,000

Home List Price

$2,482*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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1567 Karr St, Springfield$209,000

Buyer Closing Credits

$2,482*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingShared Driveway
Year Built1918
HeatingElectric
CoolingWindow Unit(s)
MLS #224001196
Lot Size0.27 Acres
StatusActive

About 1567 Karr St

Prime investment opportunity: Fully occupied turnkey triplex, with great tenants! perfect for new investors or portfolio expansion. Boasts an impressive 9.88% capitalization rate ensuring a lucrative and hassle-free investment . Two units were completely renovated, with added washer and dryer. Unit breakdown: Unit 1: Currently rents at $500 with substantial potential for upside and rent increase. Unit 2: A fully renovated 1BR & 1Bath, currently rented at $800. Unit 3: Another fully renovated 1BR & 1Bath, commanding a rent of $750.Key features include a relatively new roof (5-6 years old), recently installed gutters, and new water heaters. The property is furnace-free, minimizing maintenance concerns. Very low overhead, Owner bears only water and trash. Do not miss this opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1918

Listing Office:

  • Office Name: RE/MAX Main Street
  • Listing Agent: Shay Sharaby

Exterior Features

Parking Information:

  • Parking: Shared Driveway

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Springfield High School, Public District Grades 9-12
  • Roosevelt Middle School, Public District Grades 7-8
  • Kenton Elementary School, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $209,000

Tax Information:

  • Annual Amount: $559
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Springfield, OH.

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Springfield, OH

City

Med. Sold Price

$179.5K

Med. Price/SqFt

$132

Avg. Days On Market

46

# of Sold Homes

56

1567 Karr St vs Springfield

106 DAYS ON ROCKET

+60 Days

$209,000

+$29.5K More

KEY TAKEAWAY

This property is $29.5K more than the Median Sold Price in Springfield, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224001196

Listing Office:

  • Office Name: RE/MAX Main Street
  • Listing Agent: Shay Sharaby

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2020Home Sold
$52,000
Mar 27, 2006Home Sold
$16,000
May 01, 2002Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$559$10,150
2019$560$10,150
2018$402$7,000
2017$402$7,000

History based on county public records data.

Payment Calculator

$1,111

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$693

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2152823
4
/10

  • Kenton Elementary School

  • 731 E Home Rd

  • 1.49 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2152824
4
/10

  • Roosevelt Middle School

  • 721 E Home Rd

  • 1.22 miles

  • Public District Grades 7-8

High School

school-card-donut-2152825
2
/10

  • Springfield High School

  • 701 E Home Rd

  • 1.50 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,585. Most Springfield, OH residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1567 Karr St

What is the listing price of this property?

The listing price of 1567 Karr St property is $209,000.

What type of property is this?

The property 1567 Karr St is a condo located in Springfield, Ohio, 45503.

Is this property for sale now?

Active Listing: 1567 Karr St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1567 Karr St are:
Kenton Elementary School: GreatSchools Rating 4/10
Roosevelt Middle School: GreatSchools Rating 4/10
Springfield High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $559 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2020 for $52,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1567 Karr St is 1918.

Rocket Homes›Ohio›Clark County›Springfield›45503›1567 Karr St

This home is located at 1567 Karr St in Springfield, OH and zip code 45503. This home, which was built in 1918, sits on a 0.27 acre lot. It has been listed on Rocket Homes since January 12, 2024 and is currently priced at $209,000.

While more than 14 listings in Springfield, OH in March 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 31 were sold below. The number of homes for sale in Springfield, OH decreased by 1.8% between February 2024 and March 2024. In March 2024 median list price was $179,500 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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