NOT LISTED FOR SALE

198 Broad St Wadsworth, OH 44281

Estimated Value: $197,000 - $288,000

8 Beds
4 Baths
3,833 Sq Ft
$62/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2021

Last sale price $157,000 $41 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,635 / mo

17 Days on Market

Highlights

  • 1 Car Detached Garage
  • Central Intermediate School Rated A
  • Forced Air Heating System

About This Home

As of December 2021

A great opportunity waits for you! This 4 unit home sits in a prime location in Wadsworth! Corner lot with 3 units in the home and 1 unit above the detached garage. This investment is just waiting on you to restore it to it's prominent condition.

Last Agent to Sell the Property

Sonja Halstead

Keller Williams Elevate License #445646 Listed on: 11/12/2021

Keller Williams Elevate

Last Buyer's Agent

Sonja Halstead

Keller Williams Elevate License #445646 Listed on: 11/12/2021

Keller Williams Elevate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 11,099 Sq Ft Lot
  • Unpaved Streets

Parking

  • 1 Car Detached Garage

Home Design

  • Slate Roof

Interior Spaces

  • 3,833 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 040-20B-13-244

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0.25 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 40.96
  • Estimated Price per Sq Ft: 40.96
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3833
  • Year Built: 1912
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1912

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full
  • Laundry: 4
  • Sq Ft Approx Above Grade Finished: 3833.00
  • Sq Ft Approx Total Finished: 3833.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Slate

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached, Unit Garage
  • Garage Num Of Cars: 1

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Wadsworth CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2548
  • Parcel Number: 040-20B-13-244

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 25

Tax Info

  • Tax: 5040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Aeschliman Carl R and Aeschliman Teri E
Bought by
198 Broad Street Llc
Current Estimated Value
$239,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$153,623
Interest Rate
6.72%
Mortgage Type
Seller Take Back
Estimated Equity
$85,434

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 23, 2021
Sold by
Marchinko Kenneth B
Bought by
Aeschliman Carl R and Aeschliman Christopher
Seller's Agent
Sonja Halstead
Keller Williams Elevate
Buyer's Agent
Sonja Halstead
Keller Williams Elevate
List Price
$199,900
Sold Price
$157,000
Premium/Discount to List
-$42,900
-21.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Firstmerit Bank Na
Bought by
Marchinko Kenneth B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 23, 2009
Sold by
Gearhart Kelly and Gearhart Tamara
Bought by
Firstmerit Bank Na

Purchase Details

Closed on
Jul 27, 2004
Sold by
Rumble Dennis A and Rumble Debra J
Bought by
Gearhart Kelly

Purchase Details

Closed on
Apr 17, 1997
Sold by
Turney Michael and Humble Brian Keith
Bought by
Rumble Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.12%

Purchase Details

Closed on
Jul 15, 1994
Sold by
Russell J Long
Bought by
Humble Michael Turney and Humble Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
8.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
198 Broad Street Llc -- None Listed On Document
Aeschliman Carl R $157,000 None Available
Marchinko Kenneth B -- --
Marchinko Kenneth B $95,000 --
Firstmerit Bank Na -- --
Gearhart Kelly $175,000 Title First Agency Inc
Rumble Dennis A $137,500 --
Humble Michael Turney $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 198 Broad Street Llc $155,000
Previous Owner Marchinko Kenneth B $65,000
Previous Owner Rumble Dennis A $110,000
Previous Owner Humble Michael Turney $88,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $157,000 -21.5% $41 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $199,900 -- $52 / Sq Ft
Source: MLS Now

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 $4,307 $89,860 $14,440 $75,420
2023 $4,043 $54,950 $14,440 $40,510
2022 $2,475 $54,950 $14,440 $40,510
2021 $2,734 $52,720 $11,550 $41,170
2020 $2,493 $52,720 $11,550 $41,170
2019 $2,497 $52,720 $11,550 $41,170
2018 $2,245 $44,400 $12,580 $31,820
2017 $3,519 $44,400 $12,580 $31,820
2016 $2,282 $44,400 $12,580 $31,820
2015 $2,610 $40,730 $11,540 $29,190
2014 $2,232 $40,730 $11,540 $29,190
2013 $2,235 $40,730 $11,540 $29,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4332766

MLS Now

APN: 040-20B-13-244

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