NOT LISTED FOR SALE

4116 August Dr Rootstown, OH 44272

Estimated Value: $542,702

9.02 Acres
$60,193 Price per Acre
392,737 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $540,000

Est. 1% increase in value since last sale

Current estimated payment $3,508/month

345 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Cul-De-Sac
  • Spring on Lot
  • No HOA

About This Lot

As of July 2024

Prime Commercial Land. Located at the I-76 & St. Rt. 44 Interchange. Property(s) abuts the prestigious Northeast Ohio Medical University (NEOMED) Complex and next to the Cracker Barrel restaurant. Listing Includes 2 Parcels. BLOCK E: 7.694 Acres. Zoned C-3 {Highway Interchange}. 2 Easements and approximately 2.3 acres of Wetlands (Wetland Delineation being investigated); Shovel Ready with all Utilities; 3000 Square Foot Building-{2}Tenant Occupied. BLOCK A (Open Space): 1.322 acres. The owner collects a yearly Storm Water & Cost Sharing Easement on the 4 contiguous landowners. TRAFFIC COUNTS [AMATS]: I-76 (2019) 18,981 vehicles per day. Route 44 (2022) 13,138 per day. The 120 Acre NEOMED Campus includes The Villages at NEOMED with 185 Units and 340 residents: a Student Enrollment of over 1000 students, and faculty & staff over 430

Last Agent to Sell the Property

Mike Sandrene

Adam-August Realty, Inc. Brokerage Email: (330) 325-9450 info@adamaugust.com License #2001016308 Listed on: 08/20/2023

Last Buyer's Agent

Mike Sandrene

Adam-August Realty, Inc. Brokerage Email: (330) 325-9450 info@adamaugust.com License #2001016308 Listed on: 08/20/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,946

Lot Details

  • 9.02 Acre Lot
  • Property fronts a highway
  • Property fronts an interchange
  • Cul-De-Sac
  • Street terminates at a dead end
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot
  • 32-021-00-00-007-002

Property Views

  • Water
  • Trees

Parking

  • Unpaved Parking
  • Paved Parking

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32-021-00-00-007-006

Community Details

Overview

  • No Home Owners Association
  • Caporaletti Sd Subdivision

Recreation

  • Spring on Lot
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$7,946

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype: Land
  • Attribution Contact: (330) 325-9450 info@adamaugust.com
  • ResoLotFeatures: Cul-De-Sac, Dead End, Irregular Lot, Pond, Stream/Creek, Spring, Cleared, Wooded
  • Road Frontage Type: County Road, Highway, Interchange
  • Reso View: Trees/Woods, Water
  • Subdivision Name: Caporaletti SD
  • Property Sub Type Additional: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 9.016
  • View: Yes
  • Disclosures: Principal is Real Estate Licensed

Garage/Parking

  • Parking Features: Paved, Unpaved

Utilities

  • Electric: 3 Phase
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Rootstown LSD - 6707

Lot Info

  • Lot Size Units: Acres
  • Topography: Cleared
  • Parcel Number: 32-021-00-00-007-006
  • Wooded Area: 3.0
  • Additional Parcels Description: 32-021-00-00-007-002
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Lots: 2

Tax Info

  • Tax Annual Amount: 7946.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2023
Closed on
Jul 31, 2024
Sold by
D & R Development Company
Bought by
Ers Contiguous Properties Llc
Seller's Agent
Mike Sandrene
Adam-August Realty, Inc.
Buyer's Agent
Mike Sandrene
Adam-August Realty, Inc.
List Price
$595,000
Sold Price
$540,000
Premium/Discount to List
-$55,000
-9.24%
Views
151
Current Estimated Value
$542,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,702

Purchase Details

Closed on
Dec 3, 2021
Sold by
D & R Development Company An Ohio Ltd Liability Co
Bought by
D & R Development Company An Ohio Ltd Liability Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ers Contiguous Properties Llc $540,000 None Listed On Document
D & R Development Company An Ohio Ltd Liability Co $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner D & R Development Company An Ohio Ltd Liability Co --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $540,000 -9.2% --
07/30/2024 07/30/24 Pending -- -- --
08/20/2023 08/20/23 For Sale $595,000 -- --
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 $8,036 $164,680 $113,230 $51,450
2023 $7,663 $127,830 $87,050 $40,780
2022 $7,657 $127,830 $87,050 $40,780
2021 $9,786 $161,460 $87,050 $74,410
2020 $9,750 $161,460 $87,050 $74,410
2019 $9,797 $161,460 $87,050 $74,410
2018 $9,333 $150,580 $73,750 $76,830
2017 $9,333 $150,580 $73,750 $76,830
2016 $9,363 $150,580 $73,750 $76,830
2015 $9,474 $150,580 $73,750 $76,830
2014 $9,502 $150,580 $73,750 $76,830
2013 $9,527 $150,580 $73,750 $76,830
Source: Public Records

Agents Affiliated with this Home

  • Mike Sandrene

    Seller's Agent in 2024

    Mike Sandrene

    Adam-August Realty, Inc.

    21 Total Sales

    Mike Sandrene
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Map

Source: MLS Now

MLS Number: 4484012

MLS Now

APN: 32-021-00-00-007-006

Ohio Portage County Rootstown 44272

4116 August Dr, Rootstown, OH

Not Listed for Sale

Lots

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