966 Gothic St, Springfield, OH 45503

Price: $74,900

Price: $49,995

966 Gothic St

Springfield, OH, 45503

Price: $74,900

Price: $49,995

966 Gothic St

Springfield, OH, 45503

RECENT UPDATES

ARV: $102,800

Price = $49,995

Bedrooms: 2

Bathrooms: 2.0

Basement: Partial/Unfinished

Square Feet: 800

Lot Size: 0.10 Acre

Garage: NONE

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This property, built in 1930, is an 800 square foot single-story home situated on a 0.10-acre lot. The structure comprises 2 bedrooms and 2 full bathrooms, with hardwood floors prevalent throughout the living spaces. There is a partial unfinished basement, which, despite its unfinished state, is currently utilized as a supplementary living area by the tenant.


With a new roof (within the last month), a second full bathroom, and a recently serviced furnace, this property offers practical updates for a reliable living experience.

The house is equipped with textured ceilings, vinyl siding, and a number of storm windows. It is encased by a chain-link fence that encompasses the entire lot, offering a defined boundary and additional security.

The property is presently occupied by a tenant who is consistent in payment, offering immediate rental income. The tenant’s continued residence is negotiable, presenting the option for prospective buyers to inherit a paying tenant or to relocate the tenant as per their individual strategy or requirements.

Additionally, there is potential for the property to be converted into a duplex, providing an opportunity for enhanced rental income or a diversified tenant base.

The dry basement with an absence of moisture odor suggests a solid foundation with minimal water intrusion.

This property offers a potential investment opportunity for rental income or resale, subject to the preferences and intentions of the prospective buyer. The house’s structure and features offer a fundamental base for various property strategies, with room for enhancement and value addition.

Photos of the property

Comps Avg. Price Per SQ.FT (PPSF): $128.50

ARV Based on Comps Average PPSF: $102,800

Comparable Sales/Listings

Comp 1

Address: 2114 Hoppes Ave

Sales Price: $119,000

Sales Date: 9/29/2023

Distance Away: 0.30 Mile

Square Footage: 951

Year Built: 1931

Bed/Bath: 2 / 1.0

Basement: Full/Unfinished

Garage: NONE

Lot Size: 0.14 Acre

Price Per SQ.FT: $125.13

Comp 2

Address: 2062 Hillside Ave

Sales Price: $110,000

Sales Date: 12/03/2022

Distance Away: 0.43 Mile

Square Footage: 968

Year Built: 1928

Bed/Bath: 2 / 1.0

Basement: Full/Unfinished

Garage: 1 Car Detached

Lot Size: 0.13 Acre

Price Per SQ.FT: $113.64

Comp 3

Address: 1718 Summit St

Sales Price: $100,000

Sales Date: 9/13/2023

Distance Away: 0.44 Mile

Square Footage: 748

Year Built: 1923

Bed/Bath: 2 / 1.0

Basement: Full/Unfinished

Garage: 1 Car Detached

Lot Size: 0.13 Acre

Price Per SQ.FT: $133.69

Comp 4

Address: 1725 Hillside Ave

Sales Price: $95,000

Sales Date: 9/19/2023

Distance Away: 0.41 Mile

Square Footage: 880

Year Built: 1928

Bed/Bath: 2 / 1.0

Basement: Full/Unfinished

Garage: 1 Car Detached

Lot Size: 0.22 Acre

Price Per SQ.FT: $107.95

Comp 5

Address: 2140 Hoppes Ave

Sales Price: $90,000

Sales Date: 4/21/2023

Distance Away: 0.34 Mile

Square Footage: 888

Year Built: 1921

Bed/Bath: 2 / 1.0

Basement: Full/Partial Finish

Garage: 1 Car Detached

Lot Size: 0.15 Acre

Price Per SQ.FT: $101.35

Comp 6

Address: 108 N Douglas Ave

List Price: $110,000

Sales Date: 12/13/2023

Distance Away: 0.68 Mile

Square Footage: 727

Year Built: 1942

Bed/Bath: 2 / 1.0

Basement: Full/Unfinished

Garage: 1 Car Detached

Lot Size: 0.15 Acre

Price Per SQ.FT: $151.31

Comp 7

Address: 2007 Prospect Cir

List Price: $129,900

Sales Date: 10/27/2023

Distance Away: 0.54 Mile

Square Footage: 950

Year Built: 1959

Bed/Bath: 3 / 1.0

Basement: Full/Unfinished

Garage: 1 Car Attached

Lot Size: 0.16 Acre

Price Per SQ.FT: $136.74

Comp 8

Address: 2220 Beatrice St

List Price: $130,000

Sales Date: 12/11/2023

Distance Away: 0.48 Mile

Square Footage: 1,152

Year Built: 1918

Bed/Bath: 3 / 1.0

Basement: Full/Unfinished

Garage: 2 Car Detached

Lot Size: 0.15 Acre

Price Per SQ.FT: $112.85

Comps Average Price Per SQ.FT (PPSF): $128.50

ARV Based on Comps Avg PPSF: $102,800

Comparable Sales

Comp 1

Comp 2

Comp 3

Address

2114 Hoppes Ave

2062 Hillside Ave

1718 Summit St

Sales Price

$119,000

$110,000

$100,000

Sales Date

09/29/2023

11/18/2022

9/13/2023

Distance Away

0.30 Mile

0.43 Mile

0.44 Mile

Square Feet

951

968

748

Year Built

1931

1928

1923

Beds/Bath

2/1.0

2/1.0

2/1.0

Basement

Full/Unfinished

Full/Unfinished

Full/Unfinished

Garage

NONE

1 Car Detached

1 Car Detached

Lot Size

0.14 Acre

0.13 Acre

0.13 Acre

Price Per SQ.FT.

$125.13

$113.64

$133.69

Additional Comparable Sales

Comp 4

Comp 5

Comp 6

Address

1725 Hillside Ave

2140 Hoppes Ave

1831 Hillside Ave

Sales Price

$95,000

$90,000

$89,900

Sales Date

9/19/2023

4/21/2023

5/5/2023

Distance Away

0.41 Mile

0.34 Mile

0.41 Mile

Square Feet

880

888

928

Year Built

1928

1921

1920

Beds/Bath

2/1.0

2/1.0

2/1.0

Basement

Full/Unfinished

Full/Partial Finish

Full/Unfinished

Garage

1 Car Detached

1 Car Detached

1 Car Detached

Lot Size

0.22 Acre

0.15 Acre

0.13 Acre

Price Per SQ.FT.

$107.95

$101.35

$96.88

Additional Comparables

Comp 7

Comp 8

Comp 9

Address

108 N Douglas Ave

2007 Prospect Cir

2220 Beatrice St

List Price

$110,000

$129,900

$130,000

Sales Date

12/13/2023

10/27/2023

12/11/2023

Distance Away

0.68 Mile

0.54 Mile

0.48 Mile

Square Feet

727

950

1,152

Year Built

1942

1959

1918

Beds/Bath

2/1.0

3/1.0

3/1.0

Basement

Full/Unfinished

Full/Unfinished

Full/Unfinished

Garage

1 Car Detached

1 Car Attached

2 Car Detached

Lot Size

0.15 Acre

0.16 Acre

0.15 Acre

Price Per SQ.FT.

$151.31

$136.74

$112.85

966 Gothic St, Springfield, OH 45503, USA

Comps to support ARV

Comp 1

Comp 2

Comp 3

Address

154 N Woodward Ave

830 Upland Ave

23 Upper Ave

Sales Price

$63,000

$95,000

$82,500

Sales Date

10/21/2022

08/02/2022

9/27/2022

Distance Away

0.4 Miles

.99 Miles

0.7 Miles

Square Feet

1,280

1,568

1,320

Year Built

1905

1948

1930

Beds/Bath

3/1.0

4/2

3/1

Comps to support ARV

Comp 1

Address: 154 N Woodward Ave

Sales Price: $63,000

Sales Date: 10/21/22

Distance Away: 0.4 Miles

Square Footage: 1,280

Year Built: 1905

Bed/Bath: 3 / 1.0

Comp 2

Address: 830 Upland Ave

Sales Price: $95,000

Sales Date: 8/2/22

Distance Away: .99 Miles

Square Footage: 1,568

Year Built: 1948

Bed/Bath: 4 / 2

Comp 3

Address: 23 Upper Ave

Sales Price: $82,500

Sales Date: 9/27/2022

Distance Away: 0.7 Miles

Square Footage: 1,320

Year Built: 1930

Bed/Bath: 3/1