Fire-damaged 2BR/1BA historic property on a 9,556 sq ft lot
Sales comparison approach using nearby properties with similar lot sizes and conditions. Adjusted for fire damage and required renovations.
200 Mound Street is a historic, wood‑frame single‑family property built in 1900 that now presents a restoration opportunity after sustaining significant fire damage. The 1,128 square foot home is documented as vacant and uninhabitable; sources note the structure is reportedly sound but requires extensive repairs to roof, walls, ceilings, and windows. The property sits on a 9,556 sq ft (0.2194 acre) lot with approximately 60 feet of frontage on Mound Street in Spring Valley, Ohio.
Interior and site characteristics are documented: two bedrooms, one bathroom, central heating, no cooling, no basement, and a one‑story layout. Utilities include public water, septic sewer, gas and electric availability. There is an attached garage with space for two vehicles. The assessor lists the construction type as wood frame with an asphalt shingle roof; current condition is recorded as poor. Zoning is RT‑4 (Residential) under Spring Valley Village regulations, and the parcel identifier is K31000100030008900.
Valuation and market context reflect the property’s condition. A sales‑comparison valuation range is provided in the research data: an estimated value low of $40,000, high of $60,000, and midpoint of $50,000. Nearby sale comps include 202 Mound St (3BR/2BA; sale $177,900) and other recent nearby transactions used to inform adjustments for condition and required renovation. Property tax for 2025 is documented at $1,881 and the assessed total value is $33,500. The research audit and executive summary emphasize the need for structural assessment, detailed renovation cost estimates, and verification of zoning or historic‑preservation incentives before committing to purchase.
The setting reinforces the appeal for a restoration project: Spring Valley is described as a small, community‑oriented village within the Dayton MSA with access to outdoor amenities. The Little Miami Scenic Trail lies roughly 0.5 miles away and Spring Valley Park about 0.3 miles, offering nearby recreation. Market context shows steady appreciation (3% over one year, 15% over five years) and a local median sale price around $150,000, while noting that properties requiring significant renovation often take longer to sell. Interested parties should prioritize a thorough structural evaluation, contractor bids, and research into potential historic preservation grants or local incentives documented in the audit and opportunity analysis.
200 Mound Street, Spring Valley, OH 45370
Spring Valley is a small, community‑oriented village within Greene County and the Dayton MSA. The immediate neighborhood is predominantly residential with modest household incomes and a stable population profile (approximately 500 people within 1 mile). Local outdoor amenities — most notably the Little Miami Scenic Trail about 0.5 miles away and Spring Valley Park at roughly 0.3 miles — add recreational value. Schools fall under Xenia Community Schools (Xenia High, Warner Middle, Cox Elementary) and are noted in the research as average; potential buyers may weigh school ratings alongside the village’s quiet, small‑town character.
The property is within walking or short driving distance to the Little Miami Scenic Trail (~0.5 mi) and Spring Valley Park (~0.3 mi), providing nearby options for biking, hiking, and local outdoor recreation.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Routine buyer due diligence items; these are not known defects.
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