Sold for $121,000 on 03/31/25
$121,000
8340 Rakestraw Rd, Covington, OH 45318
4beds
--sqft
Single Family Residence
Built in 1997
2.01 Acres Lot
$115,700 Zestimate®
$--/sqft
$1,868 Estimated rent
Home value
$115,700
$90,000 - $149,000
$1,868/mo
Zestimate® history
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What's special
Beautiful 2-Acre Wooded Property - Live Auction on Tuesday, December 10 at Noon
Discover this serene 2-acre wooded property just outside Covington, Ohio, being sold at a LIVE AUCTION on Tuesday, December 10 at noon to settle an estate. The modular home, with two additions, offers a total of 1,752 sq ft of living space. Inside, you'll find four bedrooms and one full bath, providing ample space for a family or a spacious country retreat.
The property features two large connected barns with concrete floors, totaling over 1,900 sq ft—perfect for workshops, storage, or agricultural use. Additionally, a small pond with a deck adds to the unique charm of this property.
While the home is in need of a complete renovation, the structure is in good condition. The property does not have a well or water source, and the interior does not have HVAC or a kitchen. But, with the right vision and updates, this property has the potential to become the perfect country home where you can enjoy the tranquility of nature.
The public open house is Monday, November 25 from 12 - 3 pm.
Don't miss this unique opportunity to create your dream home in a picturesque setting. Join us at the live auction and envision the possibilities that await.
AUCTION INFORMATION
This property will sell to the high bidder on Tuesday, December 10 at noon after a minimum opening bid of ONLY $90,000 (Miami County appraised value is $179,000)! 10% Buyer's Premium in effect. AUCTION DATE: TUESDAY, DECEMBER 10 at NOON EST at the property. Buyer's Agents welcome, but you must submit an Agency Disclosure prior to auction. Auction winner must close within 30 days. Please have cash or financing completed before bidding. A $9,000 deposit is due the day of the auction. The auction is presented by Taylor Legacy Auctions. The brokerage is Garden Gate Realty of Troy, Ohio with closing at PK Title in Troy, Ohio. More details and a bidders packet will be available at Taylor Legacy Auctions.
Zillow last checked: 8 hours ago
Listing updated: December 10, 2024 at 11:16am
Listed by:
Gregory Taylor (937)335-2522,
Garden Gate Realty Inc.,
Jerry L Stichter 937-216-9878,
Garden Gate Realty Inc.
Bought with:
Test Member
Test Office
Source: DABR MLS,MLS#: 923441
Originating MLS: Dayton Area Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Bedroom
- Level: Main
- Dimensions: 10 x 10
Bedroom
- Level: Main
- Dimensions: 10 x 10
Bedroom
- Level: Main
- Dimensions: 10 x 10
Bedroom
- Level: Main
- Dimensions: 10 x 10
Heating
- Other
Cooling
- None
Features
- Basement: Crawl Space
Property
Parking
- Parking features: Barn
Features
- Levels: One
- Stories: 1
Lot
- Size: 2.01 Acres
- Dimensions: 194 x 451
Details
- Parcel number: H17019100
- Zoning: Residential
- Zoning description: Residential
- Special conditions: Auction
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
Condition
- Year built: 1997
Community & neighborhood
Location
- Region: Covington
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2025 | Sold | $121,000+10% |
Source: Public Record | ||
| 12/10/2024 | Sold | $110,000+2853% |
Source: | ||
| 3/8/1999 | Sold | $3,725 |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,140 +0.5% | $62,650 |
| 2023 | $2,130 -1.7% | $62,650 |
| 2022 | $2,168 +21.4% | $62,650 +30% |
Find assessor info on the county website
Neighborhood: 45318
Nearby schools
GreatSchools rating
- 6/10Covington Elementary SchoolGrades: K-6Distance: 2.8 mi
- 5/10Covington Middle SchoolGrades: 7-8Distance: 2.8 mi
- 7/10Covington High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- District: Covington
Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$115,700
2% more+ $2,314
With Zillow Showcase(estimated)
$118,014