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198 Spring Rd

Westerville, OH 43081

3 bd 3 ba 2,000 sqft Built 1981 Lot 11,761 sqft single_family
Most recent sale
$975,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $975,000 Public Record
Sep 16, 2022 Sold $325,000 ColumbusCORMLS
Aug 6, 2022 Price changed $325,000 MLS #222028226
Jul 27, 2022 Listed $349,900 MLS #222028226
Jun 4, 1996 Sold $141,000 Public Record
Dec 5, 1989 Sold $110,000 Public Record
May 5, 1987 Sold $105,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $84,525 $34,965 $119,490 $7,102
2023 $84,525 $34,965 $119,490 $6,958
2022 $57,120 $24,255 $81,375 $5,929
2021 $57,120 $24,255 $81,375 $5,979
2020 $57,120 $24,255 $81,375 $5,962
2019 $47,040 $20,195 $67,235 $5,218
2017 $47,040 $20,195 $67,235 $5,132
2016 $49,350 $14,945 $64,295 $5,391
2015 $49,350 $14,945 $64,295 $5,221
2014 $49,350 $14,945 $64,295 $5,225
2013 $47,005 $14,245 $61,250 $4,971
2012 $47,005 $14,245 $61,250 $4,970
2011 $49,490 $14,245 $63,735 $4,723

Property facts

Year built
1981
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,000 sqft
Lot size
11,761 sqft
ZIP code
43081
City
Westerville
Street
Spring Rd
Coordinates
40.11911, -82.90329

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,000
Gross rental yield
3.69%
Implied cap rate
2.40%
Trend-extrapolated value

Frequently asked questions

When did 198 Spring Rd last sell?
198 Spring Rd most recently sold on Oct 4, 2022 for $975,000.
What is the current tax assessment for 198 Spring Rd?
The most recent total assessment for 198 Spring Rd (year 2024) is $119,490 with $7,102 in property tax.
How does 198 Spring Rd's assessment compare to its last sale price?
The current assessment is 87.7% below the last sale price of $975,000.
When was 198 Spring Rd built?
198 Spring Rd was built in 1981.
How does 198 Spring Rd compare to others on Spring Rd?
We track 8 other properties on Spring Rd. Browse the list under "Other properties on Spring Rd" to compare beds, baths, and sale history.
What are the property facts for 198 Spring Rd?
198 Spring Rd is a 3 bed, 3 bath, 2,000 sqft, 11,761 sqft lot single_family.
Is 198 Spring Rd a flip candidate?
Yes — 198 Spring Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 198 Spring Rd a tax-appeal candidate?
No — 198 Spring Rd 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
-0.5%
Implied 1-yr
-2.2%
2026 Q3
$384.7K
2026 Q4
$382.5K
ZIP 43081 — Median Price History + Forecast

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