NOT LISTED FOR SALE

115 E Bowman St Wooster, OH 44691

Estimated Value: $173,000 - $191,000

7 Beds
3 Baths
3,050 Sq Ft
$59/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $267,000 $88 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $1,083/month

1 Day on Market

About This Home

As of June 2023

Excellent Investment opportunity. This turnkey investment property is a fantastic opportunity for investors seeking a hassle-free income stream. With all units fully occupied, you can start earning rental income from day one. The property is located in an area with high rental demand. Ensuring a consistent flow of tenants. This stability in occupancy rates provides a reliable source of rental income and reduces the risk of vacancies. Request your private tour today.

Last Agent to Sell the Property

Lauren Mingay

RE/MAX Showcase License #2006002318 Listed on: 05/15/2023

RE/MAX Showcase

Last Buyer's Agent

Lauren Mingay

RE/MAX Showcase License #2006002318 Listed on: 05/15/2023

RE/MAX Showcase

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1980

Lot Details

  • 2,831 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Wooster Renumbering Community

Listing and Financial Details

  • Assessor Parcel Number 64-00138-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,617

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 104.71
  • Estimated Price per Sq Ft: 104.71
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 2550
  • Year Built: 1980
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1980

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Approx Above Grade Finished: 2550.00
  • Sq Ft Approx Below Grade Finished: 500.00
  • Sq Ft Approx Total Finished: 3050.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Shared

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Wooster Renumbering

Schools

  • School District: Wooster City

Lot Info

  • Additional Assessor Parcel Number 1: 64-00138-001
  • Lot Size Units: Acres
  • Acres: 0.0650
  • Parcel Number: 64-00138-000

Multi Family

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

Tax Info

  • Tax: 1617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Clark Jack D
Bought by
Clark Property Rentals Llc
Current Estimated Value
$180,872

Purchase Details

Listed on
May 15, 2023
Closed on
Jun 20, 2023
Sold by
Union 846 Llc
Bought by
Clark Jack D
Seller's Agent
Lauren Mingay
RE/MAX Showcase
Buyer's Agent
Lauren Mingay
RE/MAX Showcase
List Price
$265,000
Sold Price
$267,000
Premium/Discount to List
$2,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.16%
Original Mortgage
$262,163
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 19, 2022
Closed on
Oct 13, 2022
Sold by
Fisher Robert K and Fisher Darlene L
Bought by
Union 846 Llc
Seller's Agent
Jessica Carr
Deleted Agent
Buyer's Agent
Lauren Mingay
RE/MAX Showcase
List Price
$220,000
Sold Price
$150,000
Premium/Discount to List
-$70,000
-31.82%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.64%
Original Mortgage
$150,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2009
Sold by
Ditch Gene R and Ditch Magdalene D
Bought by
Fisher Robert K and Fisher Darlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,002
Interest Rate
5.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 1, 1987
Bought by
Ditch Gene R and Ditch Magdalene
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
Clark Property Rentals Llc -- Wayne County Title
Clark Property Rentals Llc -- Wayne County Title
Clark Jack D $267,000 Nova Title
Clark Jack D $267,000 Nova Title
Union 846 Llc -- Nova Title
Union 846 Llc -- Nova Title
Fisher Robert K $264,000 Wayne County Title
Ditch Gene R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Jack D $262,163
Previous Owner Union 846 Llc $150,000
Previous Owner Fisher Robert K $181,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $267,000 +0.8% $88 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $265,000 +76.7% $87 / Sq Ft
10/14/2022 10/14/22 Sold $150,000 0.0% $49 / Sq Ft View Prior Sale
08/02/2022 08/02/22 Off Market $150,000 -- --
08/02/2022 08/02/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $220,000 -- $72 / 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 $1,652 $38,920 $7,100 $31,820
2023 $1,652 $38,920 $7,100 $31,820
2022 $1,605 $30,040 $5,460 $24,580
2021 $1,769 $32,130 $7,550 $24,580
2020 $1,680 $32,130 $7,550 $24,580
2019 $1,312 $24,040 $7,550 $16,490
2018 $1,316 $24,040 $7,550 $16,490
2017 $1,309 $24,040 $7,550 $16,490
2016 $1,369 $23,120 $7,260 $15,860
2015 $1,345 $23,120 $7,260 $15,860
2014 $1,345 $23,120 $7,260 $15,860
2013 $1,464 $24,840 $8,950 $15,890
Source: Public Records

Agents Affiliated with this Home

  • Lauren Mingay

    Seller's Agent in 2023

    Lauren Mingay

    RE/MAX

    (330) 464-7520

    218 in this area

    374 Total Sales

    Lauren Mingay
    Section Image

  • J

    Seller's Agent in 2022

    Jessica Carr

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4459066

MLS Now

APN: 64-00138-000

Ohio Wayne County Wooster 44691

115 E Bowman St, Wooster, OH

Not Listed for Sale

MultiFamily

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