238 Grandview Ave Wadsworth, OH 44281

3 beds · 1 bath · 864 sq ft · Lot Size: 6,900 sq ft · Single Family Home
Est. Property Value: $95,389
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238 Grandview Ave is in the 44281 neighborhood of Wadsworth, OH. It is located in Medina County and ZIP code 44281. This Single Family Home was built in 1924 and is approximately 101 years old. The single family home spans 864 sq ft with 3 bedrooms and 1 bathroom and sits on a 6900 sq ft lot. According to public records, it was sold for $105,000 and has a tax-assessed value of $141,010, which is $110 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 238 Grandview Ave Wadsworth, OH 44281 with Property Intel by Whitepages.

238 Grandview Ave

Wadsworth, OH 44281

Neighborhood

Owners & Occupancy for 238 Grandview Ave

No contact information is available.

Occupancy

Resident 1********************
Resident 2********************* age 33

Property Financials for 238 Grandview Ave

238 Grandview Ave, Wadsworth, OH has a mortgage from Taylor Bean & Whitaker Mtg (orig. June 22, 2023). The Medina county assessment for 2023 values it at $141,010, with annual taxes of $2,178.

Mortgage & Equity Information

Loan Amount$****
LenderTaylor Bean & Whitaker Mtg
Origination DateJune 22, 2023
Interest Rate****%
Term28 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Property Tax Amount$2,178 in 2023
Purchase Price$105,000
Assessed Value$141,010 on 2023

Investment Potential for 238 Grandview Ave

The property has a current estimated value of $95,389, which is 64% below the zip median, based on public records. It last sold for $105,000. Projected long-term
is $17,400 annually ($1,450 per month) with a 96% occupancy rate.

Discover more Single Family Homes in 44281.

Long-Term

Gross Rental
$17,400 per year($1,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 44281 zip code
 
View Rental Potential

Property Details for 238 Grandview Ave

Property Details

Property Sq Ft

Living Area

864 sq ft

48% below market

Lot Size

6,900 sq ft

50% below market

Price Per Sq Ft

Living Area

$110 / sq ft

31% below market

Lot Size Area

$14 / sq ft

23% below market

Property condition, age, exterior, etc. for 238 Grandv…
Longitude: -81.736442 Latitude: 41.021609 Parcel Number (APN): 040-20C-04-104…

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Market Benchmarks

Compare data for 238 Grandview Ave in Medina County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$95,389
$205,751
-$110,362 (-54%)
$315,938
-$179,635 (-57%)
YoY Price Change
3.15%
-240%
Year Built
1924
1962
-38 years
Living Space
864 sq ft
1,501 sq ft
-637 (-42%)
$ Per Living Sq Ft
$110
$138
-$28 (-20%)
Lot Size
6,900 sq ft
11,282 sq ft
-4382 (-39%)
$ Per Lot Sq Ft
$14
$17
-$3 (-17%)

Net Operating Income
$15,247
-$3,059 (-20%)
Annual Revenue
$17,400
$22,800
-$5,400 (-24%)
$7,113
-$1,901 (-27%)
Net Operating Income
$15,247
-$3,059 (-20%)
Cap Rate
7.33%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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