NOT LISTED FOR SALE

115 E Bergey St Wadsworth, OH 44281

Estimated Value: $156,000 - $195,000

4 Beds
2 Baths
1,216 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $73,705 $61 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,014/month

6 Days on Market

Highlights

  • 3 Car Direct Access Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Franklin Elementary School Rated A-
  • North Facing Home

About This Home

As of November 2012

Investors Rental Property 14.25% Cash on cash return. Low Maintenance building with 3 car garage. Updates include newer garage doors, new gas line in 2009, new H2O tanks in 2005 & 2011. $950 Income per month! Left side previously Metro approved.

Last Agent to Sell the Property

Ronald Zick

Deleted Agent License #2011002214 Listed on: 10/05/2012

Last Buyer's Agent

Michael Payne

Cutler Real Estate License #2006004553

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1953

Lot Details

  • 2,875

Parking

  • 3 Car Direct Access Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • North Facing Home
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 040-20D-07-310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,226

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: North
  • Price Per Square Foot: 60.61
  • Num Of Stories: 1.00
  • Total Sq Ft: 1216
  • Year Built: 1953
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Estimated Sq Ft: 1216

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Access from Unit, Attached, Unit Garage
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Fee Information

  • Op Expenses: 588.00

Schools

  • School District: Wadsworth CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Parcel Number: 040-20D-07-310

Multi Family

  • Unit Count: 2
  • Gross Income: 11100.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
Dec 3, 2012
Sold by
Wilps Michael J and Wilps Nancy J
Bought by
Kosco Maurus J
Seller's Agent
Ronald Zick
Deleted Agent
Buyer's Agent
Michael Payne
Cutler Real Estate
List Price
$80,000
Sold Price
$73,705
Premium/Discount to List
-$6,295
-7.87%
Current Estimated Value
$168,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,959
Avg. Annual Appreciation
6.50%
Original Mortgage
$56,028
Outstanding Balance
$38,643
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$130,021

Purchase Details

Listed on
Oct 5, 2012
Closed on
Nov 21, 2012
Sold by
Wilps Michael J and Wilps Nancy J
Bought by
Kosco Maurus J
Seller's Agent
Ronald Zick
Deleted Agent
Buyer's Agent
Michael Payne
Cutler Real Estate
List Price
$80,000
Sold Price
$73,705
Premium/Discount to List
-$6,295
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,028
Outstanding Balance
$38,643
Interest Rate
3.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$130,021

Purchase Details

Closed on
Feb 24, 2005
Sold by
Long Earl H and Long Carmen A
Bought by
Wilps Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kosco Maurus J $74,705 --
Kosco Maurus J $74,800 First American Title Akron
Wilps Michael J $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kosco Maurus J $56,028
Previous Owner Wilps Michael J $72,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2012 11/30/12 Sold $73,705 -7.9% $61 / Sq Ft
10/11/2012 10/11/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $80,000 -- $66 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,694 $37,650 $10,940 $26,710
2023 $1,694 $37,650 $10,940 $26,710
2022 $1,704 $37,650 $10,940 $26,710
2021 $1,606 $30,120 $8,750 $21,370
2020 $1,423 $30,120 $8,750 $21,370
2019 $1,425 $30,120 $8,750 $21,370
2018 $1,300 $25,760 $8,260 $17,500
2017 $1,301 $25,760 $8,260 $17,500
2016 $1,322 $25,760 $8,260 $17,500
2015 $1,272 $23,630 $7,580 $16,050
2014 $1,293 $23,630 $7,580 $16,050
2013 $1,295 $23,630 $7,580 $16,050
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ronald Zick

    Deleted Agent

    Section Image
  • Michael Payne

    Buyer's Agent in 2012

    Michael Payne

    Cutler Real Estate

    (330) 808-1993

    84 Total Sales

    Michael Payne
    Section Image
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Map

Source: MLS Now

MLS Number: 3356475

MLS Now

APN: 040-20D-07-310

Ohio Medina County Wadsworth 44281

115 E Bergey St, Wadsworth, OH

Not Listed for Sale

MultiFamily

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