NOT LISTED FOR SALE

274 Elm Dr Wooster, OH 44691

Estimated Value: $235,000 - $255,000

4 Beds
3 Baths
2,183 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $192,000 $88 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,538/month

18 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • South Facing Home

About This Home

As of October 2021

Welcome to 274 Elm Drive, a well kept and easily rented 3-unit multifamily home. Centrally located in Wooster, the north end and downtown are easily accessed and walkable. Close to shopping, medical care, and dining, your tenants will love the location. On the first floor is one spacious 1-bedroom home and one large studio home. Upstairs, you will find a sprawling 2-bedroom home that has a nice sized eat in kitchen with lots of windows, an office area, two nice sized bedrooms, and lots of extra storage in the walk-up attic. Enjoy plenty of natural light in all 3 units. There is beautiful hardwood flooring and nice, updated carpet, tile, and vinyl flooring in various places. This home is in great condition! All three units are currently rented. Also, there is room for improvement on your gross monthly income as market rate for rent in this area could be higher. Other bonuses include plenty of off-street parking, nice yard space, and shared laundry in the basement. Also, if short term renting in your thing, the current owner had lots of success using Airbnb to rent the studio. Whether you want to live here and have your mortgage covered or you are looking for a great investment, this home is a perfect opportunity!

Last Agent to Sell the Property

Scott Davis

Cutler Real Estate License #2016005028 Listed on: 09/13/2021

Cutler Real Estate

Co-Listed By

Melissa Mariola-Davis

Cutler Real Estate License #2011000261

Last Buyer's Agent

Scott Davis

Cutler Real Estate License #2016005028 Listed on: 09/13/2021

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 1935

Lot Details

  • 8,952 Sq Ft Lot
  • South Facing Home
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,183 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas, sewer, trash collection, water
  • The owner pays for electric, gas, sewer, trash collection, water
  • Assessor Parcel Number 67-00557-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,410

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: South
  • Price Per Square Foot: 87.95
  • Estimated Price per Sq Ft: 87.95
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2183
  • Year Built: 1935
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 2183.00
  • Sq Ft Approx Total Finished: 2183.00

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Schools

  • School District: Wooster City
  • School District: Wooster City

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2055
  • Parcel Number: 67-00557-000

Rental Info

  • Owner Pays: Electric, Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2410

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Denbow Rachel L
Bought by
Rd Real Estate Holdings Llc
Current Estimated Value
$243,439

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 28, 2021
Sold by
Starr Stanley J and Starr Wendy S
Bought by
Denbow Rachel L
Seller's Agent
Scott Davis
Cutler Real Estate
Buyer's Agent
Scott Davis
Cutler Real Estate
List Price
$187,000
Sold Price
$192,000
Premium/Discount to List
$5,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$188,522
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 2013
Sold by
Rottman Williamb and Rottman Mabel F
Bought by
Starr Stanley J and Starr Wendys

Purchase Details

Closed on
Aug 17, 2012
Sold by
Rottman William B and Rottman Mabel F
Bought by
Starr Stanley J and Starr Wendy S

Purchase Details

Closed on
Jun 19, 1996
Sold by
Morr Donald L
Bought by
Rottman William B and Rottman Mabel T
Source: Public Records

Range of Values:

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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
Rd Real Estate Holdings Llc -- None Listed On Document
Rd Real Estate Holdings Llc -- None Listed On Document
Denbow Rachel L $192,000 Nova Title Agency Inc
Starr Stanley J -- Wayne Cnty Title Agency Inc
Starr Stanley J -- Wayne County Title
Rottman William B $79,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denbow Rachel L $188,522
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $192,000 +2.7% $88 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $187,000 -- $86 / 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 $2,978 $70,860 $13,200 $57,660
2023 $2,978 $70,860 $13,200 $57,660
2022 $2,849 $53,970 $9,360 $44,610
2021 $2,968 $53,970 $9,360 $44,610
2020 $2,410 $46,150 $9,360 $36,790
2019 $2,075 $38,090 $8,610 $29,480
2018 $2,081 $38,090 $8,610 $29,480
2017 $2,070 $38,090 $8,610 $29,480
2016 $2,168 $36,680 $8,610 $28,070
2015 $2,130 $36,680 $8,610 $28,070
2014 $2,131 $36,680 $8,610 $28,070
2013 $2,086 $35,490 $9,890 $25,600
Source: Public Records

Agents Affiliated with this Home

  • Scott Davis

    Seller's Agent in 2021

    Scott Davis

    Cutler Real Estate

    (330) 465-4614

    84 in this area

    121 Total Sales

    Scott Davis
    Section Image
  • Melissa Mariola-Davis

    Seller Co-Listing Agent in 2021

    Melissa Mariola-Davis

    Cutler Real Estate

    (330) 464-6241

    100 in this area

    136 Total Sales

    Melissa Mariola-Davis
    Section Image
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Map

Source: MLS Now

MLS Number: 4316668

MLS Now

APN: 67-00557-000

Ohio Wayne County Wooster 44691

274 Elm Dr, Wooster, OH

This home is located at 274 Elm Dr, Wooster, OH 44691 since 13 September 2021 and is currently estimated at $243,439, approximately $111 per square foot. This property was built in 1935. 274 Elm Dr is a home located in Wayne County with nearby schools including Cornerstone Elementary School, Edgewood Middle School, and Wooster High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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