Zip Code
462 Playland Pkwy, Chippewa Lake, OH 44215
2 beds · 2 baths · 1,214 sq ft · Lot: 2,801 sq ft · Single Family Home · Built: 1920
Est. Value:
$195K
Est. Rent:
$1.6K/month

462 Playland Pkwy Chippewa Lake, OH 44215

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2 beds · 2 baths · 1,214 sq ft · Lot Size: 2,801 sq ft · Single Family Home
Est. Property Value: $195,162

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462 Playland Pkwy is in the 44215 neighborhood of Chippewa Lake, OH. It is located in Medina County and ZIP code 44215. This Single Family Home was built in 1920 and is approximately 105 years old. The single family home spans 1214 sq ft with 2 bedrooms and 2 bathrooms and sits on a 2801 sq ft lot. According to public records, it has a tax-assessed value of $72,730, which is $161 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 462 Playland Pkwy Chippewa Lake, OH 44215 with Property Intel by Whitepages.

Investment Potential for 462 Playland Pkwy

The property has a current estimated value of $195,162, which is 6% above the zip median. Projected long-term rental income is $19,800 annually ($1,650 per month) with a 76% occupancy rate.

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Long-Term

Gross Rental
$19,800 per year($1,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
76%in 44215 zip code
 
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Owners & Occupancy for 462 Playland Pkwy

This property is owned by Judy A Sprunger. Owner contact information includes 5 phone numbers and 1 email address.

Property Owners

Cell Phone(419) ***-****View Cell Phone
Residence*****************
Landline(330) 769-3362
Distance from Property**********
Email Address**************@ymail.comView Email
Cell Phone(330) ***-****View Cell Phone
Residence*****************
Landline(419) 238-5280
Distance from Property**********

Property Ownership Information

Property Tax Amount$1,104 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 82
Resident 2***************** age 84
Resident 3******************** age 75

Property Details for 462 Playland Pkwy

Property Details

Property Sq Ft

Living Area

1,214 sq ft

33% above market

Lot Size

2,801 sq ft

19% below market

Price Per Sq Ft

Living Area

$161 / sq ft

6% below market

Lot Size Area

$70 / sq ft

41% above market

Property condition, age, exterior, etc. for 462 Playla…
Longitude: -81.898723 Latitude: 41.056303 Parcel Number (APN): 043-25A-01-393…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Recommended Properties in 44215

Discover more single family homes near 462 Playland Pkwy in Chippewa Lake, Ohio. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 462 Playland Pkwy in Medina County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$195,162
$141,846
$53,316 (38%)
$225,069
$141,118 (63%)
YoY Price Change
3.43%
227%
Year Built
1920
1949
-29 years
Living Space
1,214 sq ft
1,115 sq ft
99 (9%)
$ Per Living Sq Ft
$161
$128
$32 (25%)
Lot Size
2,801 sq ft
7,749 sq ft
-4948 (-64%)
$ Per Lot Sq Ft
$70
$19
$51 (273%)

Net Operating Income
$15,588
-$966 (-6%)
Annual Revenue
$19,800
$21,000
-$1,200 (-6%)
$5,011
$167 (3%)
Net Operating Income
$15,588
-$966 (-6%)
Cap Rate
10.15%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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