3250 State Route 7 New Waterford, OH 44445

3 beds · 2 baths · 1,976 sq ft · Lot Size: 57,499 sq ft · Single Family Home
Est. Property Value: $290,308

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3250 State Route 7 is in the 44445 neighborhood of New Waterford, OH. It is located in Columbiana County and ZIP code 44445. This Single Family Home was built in 1880 and is approximately 145 years old. The single family home spans 1976 sq ft with 3 bedrooms and 2 bathrooms and sits on a 57499 sq ft lot. According to public records, it was last sold in 2020 for $225,000 and has a tax-assessed value of $225,300, which is $147 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 3250 State Route 7 New Waterford, OH 44445 with Property Intel by Whitepages.

Owners & Occupancy for 3250 State Route 7

No contact information is available.

Occupancy

Resident 1************* age 50
Resident 2**************** age 50
Resident 3***************
Resident 4************** age 53

Investment Potential for 3250 State Route 7

The property has a current estimated value of $290,308, which is 58% above the zip median, based on public records. It last sold on August 06, 2020 for $225K. Projected long-term
is $19,800 annually ($1,650 per month) with a 93% occupancy rate.

Discover more Single Family Homes in 44445.

Long-Term

Gross Rental
$19,800 per year($1,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 44445 zip code
 
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Property Details for 3250 State Route 7

Property Details

Property Sq Ft

Living Area

1,976 sq ft

41% above market

Lot Size

57,499 sq ft

32% above market

Price Per Sq Ft

Living Area

$147 / sq ft

14% above market

Lot Size Area

$5 / sq ft

28% above market

Property condition, age, exterior, etc. for 3250 State…
Longitude: -80.65038 Latitude: 40.852963 Parcel Number (APN): 1600749000…
Mortgage originated on through lender: Pennymac Ln Svcs Llc for$******View Mortgage Details

Recommended Properties in 44445

Discover more single family homes near 3250 State Route 7 in New Waterford, 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 3250 State Route 7 in Columbiana County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$290,308
$205,751
$84,558 (41%)
YoY Price Change
Year Built
1880
1962
-82 years
Living Space
1,976 sq ft
1,501 sq ft
475 (32%)
$ Per Living Sq Ft
$147
$138
$9 (6%)
Lot Size
57,499 sq ft
11,282 sq ft
46217 (410%)
$ Per Lot Sq Ft
$5
$17
-$12 (-70%)

Net Operating Income
$15,247
-$2,947 (-19%)
Annual Revenue
$19,800
$22,800
-$3,000 (-13%)
$7,113
$387 (5%)
Net Operating Income
$15,247
-$2,947 (-19%)
Cap Rate
7.33%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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