Check Availability

2540 Home Orchard Drive

2540 Home Orchard Drive, Springfield, OH 45503
Property in Home Orchard
Sold Dec 05, 2022
$132,000
$99,000 by Equitable Mortgage Corporation
Mortgage Due Dec 01, 2052
Sold May 18, 2007
$110,900
$110,900 by Paramount Mortgage
Mortgage Due Jun 01, 2037
2540 Home Orchard Drive in Springfield, OH was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2540 Home Orchard Drive has 1,075 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 10,001 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 350 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2540 Home Orchard Drive was last sold in Nov 16, 2022 for $132,000. According to our calculations, that's $92.63 per sqft. Prior to that sales transaction, the property was sold for $110,900 in May 16, 2007. Current property owners are expected to pay $2,032 in taxes per year. The property on 2540 Home Orchard Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $41,170. To break that down further, the land itself was valued at $10,630. While improvements to the property were assessed at a total of $30,540. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 350
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,001
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,425
  • Gross Building Area: 1,465
  • Building Area: 1,075
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,075
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOME ORCHARD SUBD
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: HOME ORCHARD SUBD ALL 52

Ownership

  • Current Owner : CHU JEANNETTE A
  • Current Owner 2: EICHELBERGER GREGORY
  • Previous Owner : MARTIN DONALD C
  • Owner Before Previous Owner: FORD RICHARD D
  • Owner Before Previous Owner 2: FORD MISTY D

Neighborhood

  • School District Name: Springfield City School District
  • School Tax School District: SPRINGFIELDCITY
  • Census Tract: 002404

Geography

  • Assessors Map Reference: 34-00300
  • District: 340
  • Parcel: 340-03-00025-311-002
  • Block: 311
  • Lot: 2
  • Municipality: SPRINGFIELD TOWNSHIP
  • Latitude: 39.9567
  • Longitude: -83.7913

    Address

  • Full Address: 2540 Home Orchard Dr
  • Address - House Number: 2540
  • Address - Street Name: Home Orchard
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Springfield
  • Carrier Code: C073
  • 4-Digit Zip Code: 2340
  • Zip Code: 45503

Valuation

    Tax

  • Total Area: 1,075
  • Tax Year: 2022
  • Tax Amount: $2,032
  • Tax Rate Code Area: 340

    Appraisal Valuation

  • Standard Deviation: 0.0695
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 98
  • Final Value: 172,000
  • High Value: 197,000
  • Low Value: 150,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,000
  • First Open Lien Mortgage Lender: EQUITABLE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 05, 2022
  • First Open Lien Mortgage Loan Amount: $99,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $117,630
  • Market Land Value: $30,360
  • Market Improvement Value: $87,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,170
  • Assessed Land Value: $10,630
  • Assessed Improvements Value: $30,540

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Dec 05, 2022
  • Current Sale Transaction ID: 11899513021
  • Current Sale Price: $132,000
  • Current Sale Document Type: Deed of Guardian
  • Current Sale Input Document Number: 17747
  • Previous Sale Recording Date: May 18, 2007
  • Previous Sale Contract Date: May 16, 2007
  • Previous Sale Amount: $110,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EQUITABLE MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 05, 2022
  • First Mortgage Loan Amount: $99,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT MORTGAGE
  • Previous Mortgage Transaction Date: May 18, 2007
  • Previous Mortgage Loan Amount: $110,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About Home Orchard



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1105-1107 W High, Springfield, OH, 45506

$645 /mo

  • 2 Beds
  • 1 Bath
1105-1107 W High #1107 Unit B W High Street, Springfield, OH, 45506 Listing by Manager

Frequently Asked Questions

What neighborhood is 2540 Home Orchard Drive located in?
The 2540 Home Orchard Drive is a located in the neighborhood of Home Orchard in Home Orchard, Springfield.
What is the average sales price for listings in 2540 Home Orchard Drive?
The average sales price for units in 2540 Home Orchard Drive is $0 currently.

Quantcast