NOT LISTED FOR SALE

4070 Wise Dr Unit 72 Rootstown, OH 44272

Estimated Value: $186,156 - $220,000

4 Beds
2 Baths
1,708 Sq Ft
$118/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $160,000 $94 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,347/month

14 Days on Market

Highlights

  • 1 Car Direct Access Garage
  • West Facing Home
  • 1-Story Property
  • Forced Air Heating System
  • Partially Fenced Property

About This Home

As of November 2021

Great investment opportunity in Rootstown! Please check this newly listed twinplex located just behind the College of Medicine. This has been a well maintained unit with great rental opportunity. Each unit is 854 square feet with its own attached garage. Also, a 25% ownership stake of Wise Drive transfers with the deed, adding to the value of this lovely property! One half of the unit is currently tenant occupied with a month to month lease. The other half is currently vacant. A 48 hour notice to set up showing on occupied side is required. Set up your showing today!

Last Listed By

Eric Lewis

Deleted Agent License #2017005851 Listed on: 09/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1965

Lot Details

  • 0.39 Acre Lot
  • West Facing Home
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 32-021-10-00-003-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 93.68
  • Estimated Price per Sq Ft: 93.68
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1708
  • Year Built: 1965
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector, Sump Pump
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1708.00
  • Sq Ft Approx Total Finished: 1708.00

Exterior Features

  • Exterior: Brick
  • Fences: Partial, Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 1

Utilities

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

Schools

  • School District: Rootstown LSD
  • School District: Rootstown LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3900
  • Parcel Number: 32-021-10-00-003-003

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 50

Tax Info

  • Tax: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 22, 2021
Sold by
Davis Raymond G and Davis Arlene J
Bought by
Nichols Eric P and Nichols Ryan W
Seller's Agent
Eric Lewis
Deleted Agent
Buyer's Agent
Susan White
Howard Hanna
List Price
$199,900
Sold Price
$160,000
Premium/Discount to List
-$39,900
-19.96%
Total Days on Market
14
Current Estimated Value
$201,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,789
Avg. Annual Appreciation
6.96%
Original Mortgage
$120,000
Outstanding Balance
$111,415
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$90,374

Purchase Details

Closed on
Jul 29, 1987
Bought by
Davis Raymond G

Range of Values:

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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
Nichols Eric P $160,000 Ohio Real Title
Davis Raymond G $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Eric P $120,000
Previous Owner Davis Raymond G $88,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $160,000 -20.0% $94 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $199,900 -- $117 / 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 $2,730 $65,140 $8,720 $56,420
2023 $2,164 $45,470 $7,630 $37,840
2022 $2,117 $45,470 $7,630 $37,840
2021 $2,643 $45,470 $7,630 $37,840
2020 $2,011 $39,340 $7,280 $32,060
2019 $1,921 $39,340 $7,280 $32,060
2018 $1,899 $36,790 $10,360 $26,430
2017 $1,899 $36,790 $10,360 $26,430
2016 $1,832 $36,790 $10,360 $26,430
2015 $1,853 $36,790 $10,360 $26,430
2014 $1,887 $36,790 $10,360 $26,430
2013 $1,874 $36,790 $10,360 $26,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4320539

MLS Now

APN: 32-021-10-00-003-003