6205 Tim Dr Wadsworth, OH 44281

Get Owner Info
3 beds · 2 baths · 2,954 sq ft · Lot Size: 141,134 sq ft · Single Family Home
Est. Property Value: $626,990
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6205 Tim Dr 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 2018 and is approximately 7 years old. The single family home spans 2954 sq ft with 3 bedrooms and 2 bathrooms and sits on a 141134 sq ft lot. According to public records, it was last sold in 2018 for $69,000 and has a tax-assessed value of $617,610, which is $212 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 6205 Tim Dr Wadsworth, OH 44281 with Property Intel by Whitepages.

6205 Tim Dr

Wadsworth, OH 44281

Owner Info

Owners & Occupancy for 6205 Tim Dr

This property is owned by Marty Sumner. Owner contact information includes 6 phone numbers.

Property Owners

Cell Phone(330) ***-****View Cell Phone
Residence*************
Landline(330) 656-4344
Distance from Property**********

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 72
Resident 2***************** age 72
Resident 3**************** age 77

Property Financials for 6205 Tim Dr

6205 Tim Dr, Wadsworth, OH has a mortgage (orig. November 04, 2020). The Medina county assessment for 2023 values it at $617,610, with annual taxes of $8,539.

Mortgage & Equity Information

Loan Amount$******
Origination DateNovember 04, 2020
Interest Rate****%
Term5 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateFebruary 15, 2018
Property Tax Amount$8,539 in 2023
Purchase Price$69,000
Assessed Value$617,610 on 2023

Investment Potential for 6205 Tim Dr

The property has a current estimated value of $626,990, which is 136% above the zip median, based on public records. It last sold on February 15, 2018 for $69K. Projected long-term
is $31,800 annually ($2,650 per month) with a 96% occupancy rate.

Discover more Single Family Homes in 44281.

Long-Term

Gross Rental
$31,800 per year($2,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 44281 zip code
 
View Rental Potential

Property Details for 6205 Tim Dr

Property Details

Property Sq Ft

Living Area

2,954 sq ft

78% above market

Lot Size

141,134 sq ft

913% above market

Price Per Sq Ft

Living Area

$212 / sq ft

33% above market

Lot Size Area

$4 / sq ft

75% below market

Property condition, age, exterior, etc. for 6205 Tim D…
Longitude: -81.697665 Latitude: 41.106847 Parcel Number (APN): 033-12B-34-007…

Recommended Properties in 44281

Discover more single family homes near 6205 Tim Dr in Wadsworth, 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 6205 Tim Dr in Medina County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$626,990
$205,751
$421,239 (205%)
YoY Price Change
Year Built
2018
1962
56 years
Living Space
2,954 sq ft
1,501 sq ft
1453 (97%)
$ Per Living Sq Ft
$212
$138
$74 (53%)
Lot Size
141,134 sq ft
11,282 sq ft
129852 (1151%)
$ Per Lot Sq Ft
$4
$17
-$12 (-73%)

Net Operating Income
$15,247
-$781 (-5%)
Annual Revenue
$31,800
$22,800
$9,000 (39%)
$7,113
$10,221 (144%)
Net Operating Income
$15,247
-$781 (-5%)
Cap Rate
7.33%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Find More Housing Markets Near Wadsworth