NOT LISTED FOR SALE

316 Main St Wadsworth, OH 44281

Estimated Value: $122,000 - $232,000

4 Beds
2 Baths
2,145 Sq Ft
$80/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $165,000 $77 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,063/month

14 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating System
  • 3-minute walk to Franklin Park
  • Isham Memorial Elementary School Rated A-

About This Home

As of October 2022

CALLING ALL INVESTORS AND REHABBERS: Two duplexes, two parcels - sold as one: 316 Main and 316.5 Main. That's FOUR nice size apartments that have good bones and lots of potential with their historic century appeal, but just need updated with some TLC. 316 Main is approx. 2145 sq ft, and units have 2BR/1BA each; 316.5 Main is approx. 2016 sq ft, and units have 3BR/1BA each. Each unit has a private full basement and detached garage (also need some TLC). Some of the work has been done: vinyl sided, some plumbing and electrical updated, and most HWT and furnaces are newer, as well as a couple appliances. Don't miss out on this great investment opportunity - call today!

Last Agent to Sell the Property

Wadsworth Real Estate, Inc.

Wadsworth Real Estate Inc. License #437389 Listed on: 06/13/2022

Last Buyer's Agent

Wadsworth Real Estate, Inc.

Wadsworth Real Estate Inc. License #437389 Listed on: 06/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 1900

Lot Details

  • 0.47 Acre Lot
  • Unpaved Streets

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,145 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating, sewer, trash collection, water
  • Assessor Parcel Number 040-20C-10-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,185

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 76.92
  • Estimated Price per Sq Ft: 76.92
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2145
  • Year Built: 1900
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished, Walk-Out
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2145.00
  • Sq Ft Approx Total Finished: 2145.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

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

Schools

  • School District: Wadsworth CSD

Lot Info

  • Additional Assessor Parcel Number 1: 040-20C-10-081
  • Lot Size Units: Acres
  • Acres: 0.4660
  • Parcel Number: 040-20C-10-005

Rental Info

  • Tenant Pays: Cable/Electric Link, Electric, Gas, Heating, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 3185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Oct 17, 2022
Sold by
Karen S Leatherman Family Living Trust
Bought by
Afm-Ohio Holdings Llc
Seller's Agent
Wadsworth Real Estate, Inc.
Wadsworth Real Estate Inc.
Buyer's Agent
Wadsworth Real Estate, Inc.
Wadsworth Real Estate Inc.
List Price
$220,000
Sold Price
$165,000
Premium/Discount to List
-$55,000
-25%
Views
66
Current Estimated Value
$171,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,818
Avg. Annual Appreciation
1.28%
Original Mortgage
$78,750
Outstanding Balance
$75,625
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$96,193

Purchase Details

Closed on
Jul 27, 2010
Sold by
Leatherman Karen Sue
Bought by
Leatherman Karen S

Purchase Details

Closed on
Apr 28, 2010
Sold by
Leatherman Randall Cleber
Bought by
Leatherman Karen Sue
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
Afm-Ohio Holdings Llc $105,000 First American Title
Leatherman Karen S -- --
Leatherman Karen Sue -- --
Leatherman Karen Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afm-Ohio Holdings Llc $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2022 10/20/22 Sold $165,000 -25.0% $77 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $220,000 -- $103 / 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 $1,951 $43,290 $9,630 $33,660
2023 $1,951 $43,290 $9,630 $33,660
2022 $2,057 $43,290 $9,630 $33,660
2021 $1,849 $34,630 $7,700 $26,930
2020 $1,639 $34,630 $7,700 $26,930
2019 $1,641 $34,630 $7,700 $26,930
2018 $1,549 $30,630 $8,980 $21,650
2017 $1,549 $30,630 $8,980 $21,650
2016 $1,575 $30,630 $8,980 $21,650
2015 $1,515 $28,100 $8,240 $19,860
2014 $1,540 $28,100 $8,240 $19,860
2013 $1,542 $28,100 $8,240 $19,860
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Wadsworth Real Estate, Inc.

    Wadsworth Real Estate Inc.

    (330) 573-6386

    15 in this area

    25 Total Sales

    Wadsworth Real Estate, Inc.
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Map

Source: MLS Now

MLS Number: 4381490

MLS Now

APN: 040-20C-10-005

Ohio Medina County Wadsworth 44281

316 Main St, Wadsworth, OH

Not Listed for Sale

MultiFamily

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