315 Eric Ln Wadsworth, OH 44281

3 beds · 2 baths · 2,359 sq ft · Lot Size: 12,898 sq ft · Single Family Home
Est. Property Value: $341,551

Valued above Market MedianOwned for 5 - 10 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

315 Eric Ln 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 1976 and is approximately 49 years old. The single family home spans 2359 sq ft with 3 bedrooms and 2 bathrooms and sits on a 12898 sq ft lot. According to public records, it was last sold in 2019 for $212,000 and has a tax-assessed value of $243,810, which is $145 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 315 Eric Ln Wadsworth, OH 44281 with Property Intel by Whitepages.

315 Eric Ln

Wadsworth, OH 44281

Neighborhood

Owners & Occupancy for 315 Eric Ln

No contact information is available.

Occupancy

Resident 1************************ age 31
Resident 2***********************

Property Financials for 315 Eric Ln

315 Eric Ln, Wadsworth, OH has no known mortgage. The Medina county assessment for 2023 values it at $243,810, with annual taxes of $3,767.

Property Tax

Purchase DateFebruary 20, 2019
Property Tax Amount$3,767 in 2023
Purchase Price$212,000
Assessed Value$243,810 on 2023

Investment Potential for 315 Eric Ln

The property has a current estimated value of $341,551, which is 29% above the zip median, based on public records. It last sold on February 20, 2019 for $212K. Projected long-term
is $27,000 annually ($2,250 per month) with a 96% occupancy rate.

Discover more Single Family Homes in 44281.
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Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
96%in 44281 zip code
 
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Property Details for 315 Eric Ln

Property Details

Property Sq Ft

Living Area

2,359 sq ft

42% above market

Lot Size

12,898 sq ft

7% below market

Price Per Sq Ft

Living Area

$145 / sq ft

9% below market

Lot Size Area

$26 / sq ft

48% above market

Property condition, age, exterior, etc. for 315 Eric L…
Longitude: -81.750582 Latitude: 41.031113 Parcel Number (APN): 040-20A-15-010…

Recommended Properties in 44281

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Market Benchmarks

Compare data for 315 Eric Ln in Medina County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$341,551
$205,751
$135,800 (66%)
$******
$315,938
$172,109 (54%)
YoY Price Change
****%
3.15%
-303%
Year Built
1976
1962
14 years
Living Space
2,359 sq ft
1,501 sq ft
858 (57%)
$ Per Living Sq Ft
$145
$138
$6 (5%)
Lot Size
12,898 sq ft
11,282 sq ft
1616 (14%)
$ Per Lot Sq Ft
$26
$17
$10 (59%)

Net Operating Income
$*****
$15,247
$1,889 (12%)
Annual Revenue
$27,000
$22,800
$4,200 (18%)
$****
$7,113
$2,751 (39%)
Net Operating Income
$*****
$15,247
$1,889 (12%)
Cap Rate
****%
7.33%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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