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518 Monaco Drive

518 Monaco Drive, Springfield, OH 45506
House in Southgate
Sold Dec 15, 2020
$87,500
$70,000 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2051
Sold Aug 09, 2007
$57,000
$54,150 by Bank Of America Na
Mortgage Due Sep 01, 2037
518 Monaco Drive in Springfield, OH was first built in 1961 and is 63 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 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 518 Monaco Drive has 999 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 700 ft and the linear feet between the front and back of the lot is 1,240. In total, the area measurement of the land is 8,682 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 detached garage. The garage is 720 sqft. There are a total of 3 available parking spaces. 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 frame 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 alum/vinyl siding. 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, 518 Monaco Drive was last sold in Nov 30, 2020 for $87,500. According to our calculations, that's $87.59 per sqft. Prior to that sales transaction, the property was sold for $57,000 in Aug 6, 2007. Current property owners are expected to pay $1,089 in taxes per year. The property on 518 Monaco Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $22,060. To break that down further, the land itself was valued at $4,800. While improvements to the property were assessed at a total of $17,260. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 8,682
  • Lot Size Depth Feet: 1,240
  • Lot Size Frontage Feet: 700
  • Total Building Area: 999
  • Gross Building Area: 999
  • Building Area: 999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 999
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SOUTHGATE ADD
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: SOUTHGATE ADD 4 SEC 1 16014

Ownership

  • Current Owner : DUNHAM DOUGLAS E
  • Previous Owner : POE DEANNA
  • Owner Before Previous Owner: KELLY LAWRENCE E
  • Owner Before Previous Owner 2: KELLY VENITA G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springfield City School District
  • School Tax School District: SPRINGFIELDCITY
  • Census Tract: 001102

Geography

  • Assessors Map Reference: 34-00600
  • District: 340
  • Parcel: 340-06-00003-405-011
  • Block: 405
  • Lot: 11
  • Municipality: SPRINGFIELD TOWNSHIP
  • Latitude: 39.9014
  • Longitude: -83.8229

    Address

  • Full Address: 518 Monaco Dr
  • Address - House Number: 518
  • Address - Street Name: Monaco
  • Address - Suffix Type: Dr
  • State: OH
  • City Name: Springfield
  • Carrier Code: C027
  • 4-Digit Zip Code: 3326
  • Zip Code: 45506

Valuation

    Tax

  • Total Area: 999
  • Tax Year: 2022
  • Tax Amount: $1,089
  • Tax Rate Code Area: 340

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 91
  • Final Value: 105,000
  • High Value: 118,000
  • Low Value: 93,000

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Loan Amount: $70,000
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: WRIGHT-PATT CREDIT UNION INC
  • Second Open Lien Mortgage Recording Date: Nov 01, 2021
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $63,020
  • Market Land Value: $13,700
  • Market Improvement Value: $49,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,060
  • Assessed Land Value: $4,800
  • Assessed Improvements Value: $17,260

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11807981486
  • Current Sale Price: $87,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000018469
  • Previous Sale Recording Date: Aug 09, 2007
  • Previous Sale Contract Date: Aug 06, 2007
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 09, 2007
  • Previous Mortgage Loan Amount: $54,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2037

About Southgate



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Unit for rent at 810 S Plum Street, Springfield, OH, 45506

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810 S Plum Street, Springfield, OH, 45506 Listing by Juanita M Griffin

Frequently Asked Questions

What neighborhood is 518 Monaco Drive located in?
The 518 Monaco Drive is a house located in the neighborhood of Southgate in Southgate, Springfield.
What is the average sales price for listings in 518 Monaco Drive?
The average sales price for units in 518 Monaco Drive is $0 currently.

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