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405 First St

Spencerville, OH 45887

3 bd 1 ba 1,040 sqft Built 1956 single_family
Most recent sale
$145,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $145,000 Public Record
Jun 20, 2022 Listed $145,000 MLS #209849
Jul 27, 1998 Sold $62,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $24,470 $10,430 $34,900 $1,152
2023 $20,060 $8,540 $28,600 $1,013
2022 $20,060 $8,540 $28,600 $718
2021 $20,060 $8,540 $28,600 $699
2020 $15,860 $8,090 $23,950 $559
2019 $15,860 $8,090 $23,950 $559
2018 $15,860 $8,090 $23,950 $565
2017 $13,020 $8,090 $21,110 $453
2016 $13,020 $8,090 $21,110 $445
2015 $13,020 $8,085 $21,105 $447
2014 $13,895 $8,435 $22,330 $487
2013 $13,895 $8,435 $22,330 $496
2012 $13,895 $8,435 $22,330 $496
2011 $14,770 $8,960 $23,730 $529
2010 $14,770 $8,960 $23,730 $533
2009 $14,770 $8,960 $23,730 $529
2008 $18,795 $7,035 $25,830 $603
2007 $18,795 $7,035 $25,830 $611

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
ZIP code
45887
City
Spencerville
Street
First St
Coordinates
40.70582, -84.36067

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
12.91%
Implied cap rate
8.39%
Trend-extrapolated value

Frequently asked questions

When did 405 First St last sell?
405 First St most recently sold on Jul 29, 2022 for $145,000.
What is the current tax assessment for 405 First St?
The most recent total assessment for 405 First St (year 2025) is $34,900 with $1,152 in property tax.
How does 405 First St's assessment compare to its last sale price?
The current assessment is 75.9% below the last sale price of $145,000.
When was 405 First St built?
405 First St was built in 1956.
How does 405 First St compare to others on First St?
We track 1 other property on First St. Browse the list under "Other properties on First St" to compare beds, baths, and sale history.
What are the property facts for 405 First St?
405 First St is a 3 bed, 1 bath, 1,040 sqft single_family.
Is 405 First St a flip candidate?
No — 405 First St does not appear in our flips dataset.
Is 405 First St a tax-appeal candidate?
No — 405 First St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.8%
Implied 1-yr
+27.3%
2025 Q4
$315.1K
2026 Q1
$330K
ZIP 45887 — Median Price History + Forecast

Explore nearby

Other properties on First St