5999 Root Rd, Spencer, OH 44275

3 beds2 baths1,720 sqft

Off Market
Zestimate®: $223,977
Rent Zestimate®: $1,549/mo
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This home is not currently listed for sale or rent on Zillow.

A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

Edit
This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!

Facts

  • Lot: 14.77 acres
  • Single Family
  • Built in 1948
  • Heating: Forced air
  • Last sold: Oct 2009 for $134,082

Features

  • Parking: Garage - Detached, 720 sqft
  • Pool

    Construction

    • Exterior material: Other
    • Roof type: Shake Shingle
    • Room count: 6
    • # Stories: 2.0
    • Structure type: Other

    Other

    • Floor size: 1,720 sqft
    • Last remodel year: 1993
    • Parcel #: 00409A25015
    • Zillow Home ID: 88959231

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

    The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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    $223,977
    -$1,513 Last 30 days
    $208K
    $244K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,549/mo
    -$15 Last 30 days
    $1.2K
    $1.9K
    Zestimate range
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    $XXX,XXX
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    Popularity on Zillow

    74 all-time views
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    Neighborhood

    Market guide

    Zillow predicts 44275 home values will rise 2.8% next year, compared to a 2.1% rise for Spencer as a whole. Among 44275 homes, this home is valued 37.5% more than the midpoint (median) home, and is valued 25% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 44275, the number of foreclosures waiting to be sold is 24% less than in Spencer, and 50% less than the national average. This lower local number could help 44275 home values rise more quickly than other regions in Spencer.

    Learn more about forecast calculations or 44275 home values.
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