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8340 Rakestraw Rd, Covington, OH, 45318

$90,000

Home List Price

$1,069*

Closing Credit

4 Bedrooms
1 Full Bath
House

Location

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8340 Rakestraw Rd, Covington$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBarn
Year Built1997
HeatingOther
CoolingNone
MLS #923441
StatusActive

About 8340 Rakestraw Rd

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, youll 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. Dont 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% Buyers Premium in effect. AUCTION DATE: TUESDAY, DECEMBER 10 at NOON EST at the property. Buyers 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.

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Stories: 1

Listing Office:

  • Office Name: Garden Gate Realty Inc.
  • Office Phone: (937) 335-2522
  • Listing Agent: Gregory Taylor

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Barn

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: Take St Rt 48 North out of Covington, Ohio. Turn right on St Rt 185 and then right on Rakestraw Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000

Tax Information:

  • Annual Amount: $1,789
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: DAYTON
  • MLS Number: #923441

Listing Office:

  • Office Name: Garden Gate Realty Inc.
  • Office Phone: (937) 335-2522
  • Listing Agent: Gregory Taylor

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,789$48,200
2019$1,785$48,200
2018$1,581$42,530
2017$1,582$42,530

History based on county public records data.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-553767
6
/10

  • Covington Elementary School

  • 807 Chestnut St

  • 2.86 miles

  • Public District Grades KG-6

school-card-donut-553768
4
/10

  • Piqua Central Intermediate School

  • 807 Nicklin Ave

  • 4.26 miles

  • Public District Grades 4-6

school-card-donut-553769
4
/10

  • Bradford Elementary School

  • 740 Railroad Ave

  • 5.68 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,758. The majority of Miami County, OH residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8340 Rakestraw Rd

What is the listing price of this property?

The listing price of 8340 Rakestraw Rd property is $90,000.

What type of property is this?

The property 8340 Rakestraw Rd is a house located in Covington, Ohio, 45318.

Is this property for sale now?

Active Listing: 8340 Rakestraw Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,789 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8340 Rakestraw Rd has 4 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 8340 Rakestraw Rd is 1997.

Rocket Homes›Ohio›Miami County›Covington›45318›8340 Rakestraw Rd

This home is located at 8340 Rakestraw Rd in Covington, OH and zip code 45318. This home was built in 1997. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 10, 2024 and is currently priced at $90,000.

Miami County, OH housing market in October 2024 saw over 21 listings sold above listed price, more than 26 sold at listed price and over 51 sold below. Between September 2024 and October 2024, Miami County, OH real estate market has seen increase in the number of listings by 7.6%. The median list price of listings available in October 2024 was $238,576, while the average time on the real estate market was 78 days.

From Rocket Homes Real Estate and based on county public records data.

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