NOT LISTED FOR SALE

322 Main St Wadsworth, OH 44281

Estimated Value: $185,000 - $232,000

4 Beds
2 Baths
2,081 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 19, 2015

Last sale price $123,000 $59 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,246/month

168 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Isham Memorial Elementary School Rated A-
  • 2-minute walk to Franklin Park

About This Home

As of May 2015

Excellent cash flow with this investment opportunity. Well maintained, low maintenance property. Lower unit has 2 Bdrm/1 Ba. Large entry with bay window, living room, bamboo flooring, Kitchen, large Laundry/utility room with deck off the back. Upper unit is 2 Bdrm/1 Ba, with living room, Kitchen, Dining room area and washer/dryer hookups. All utilities are separate and paid by tenants. A/C 2010, Roof 2006. Call today for your private showing!

Last Agent to Sell the Property

Flower Medley

Keller Williams Elevate License #2013002708 Listed on: 11/21/2014

Keller Williams Elevate

Last Buyer's Agent

Melanie Timco

Deleted Agent License #2011003047

Deleted Agent

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,599

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,081 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Not Available
  • Sewer Not Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas, heating, sewer, trash collection, water
  • Assessor Parcel Number 040-20C-10-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,599

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 59.11
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 2081
  • Year Built: 1900
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Unfinished
  • Living Area Sq Ft: 2081
  • Estimated Total Living Area: 2081
  • Estimated Sq Ft: 2081

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: No Water, No Sewer

Fee Information

  • Op Expenses: 2000.00

Schools

  • School District: Wadsworth CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2894
  • Parcel Number: 040-20C-10-007

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 14700.00
  • Net Income: 12700.00
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1599

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
May 15, 2015
Sold by
Mcconahay Scott A and Mcconahay Laura M
Bought by
Loverink Ii Derwin L and Loverink Maryjo L
Seller's Agent
Flower Medley
Keller Williams Elevate
Buyer's Agent
Melanie Timco
Deleted Agent
List Price
$124,900
Sold Price
$123,000
Premium/Discount to List
-$1,900
-1.52%
Current Estimated Value
$205,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,054
Avg. Annual Appreciation
4.93%
Original Mortgage
$120,772
Outstanding Balance
$93,038
Interest Rate
3.68%
Mortgage Type
FHA
Estimated Equity
$112,016
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
Loverink Ii Derwin L $123,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loverink Ii Derwin L $120,772
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2015 05/19/15 Sold $123,000 +19580.0% $59 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
12/12/2014 12/12/14 Rented $625 0.0% --
12/12/2014 12/12/14 Under Contract -- -- --
11/24/2014 11/24/14 For Rent $625 0.0% --
11/21/2014 11/21/14 For Sale $124,900 -- $60 / 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 $2,105 $47,360 $9,630 $37,730
2023 $2,105 $47,360 $9,630 $37,730
2022 $2,108 $47,360 $9,630 $37,730
2021 $1,995 $37,940 $7,700 $30,240
2020 $1,764 $37,940 $7,700 $30,240
2019 $1,767 $37,940 $7,700 $30,240
2018 $1,734 $34,960 $9,880 $25,080
2017 $1,735 $34,960 $9,880 $25,080
2016 $1,764 $34,960 $9,880 $25,080
2015 $1,550 $29,160 $8,240 $20,920
2014 $1,597 $29,160 $8,240 $20,920
2013 $1,599 $29,160 $8,240 $20,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3669727

MLS Now

APN: 040-20C-10-007