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202 Wassenberg Dr
Score
76
Van Wert, OH

202 Wassenberg Dr

250K
2 bd • 2 ba • 1,830 sf

This analysis was generated on 4/17/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$250,000
+36%vs 45891
Price/Sq.Ft
$137
-4%vs 45891
Above Fair Value
2.0% above range

Current Price

$250,000

Fair Range

$240,000 - $245,000

$250,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$240,000
Success Probability:High(75%)

AI Rationale

The offer reflects the fair market value adjusted for necessary repairs. The property's condition and the competitive market provide leverage for this offer.

Overall Score
76
72
Home Condition
75
Natural Light
85
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Brick Facade
Brick Facade

Brick Facade

The brick facade shows some signs of wear and could benefit from repointing or cleaning.

Roof Condition
Roof Condition

Roof Condition

The roof appears to be older and may need replacement soon. Shingles show signs of wear.

Detached Garage Condition
Detached Garage Condition

Detached Garage Condition

The detached garage appears to be in need of some maintenance, including paint and possible door repairs.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Oct
2015
$0Cash Purchase
October 21, 2015
From:Sara L Green, Earl F Green
To:Earl F Green
Affidavit Of Death
Non-Arm's Length Transactions

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$250,000
-30%List: $250,000+30%
20%
$50,000of $250,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,050/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$67,275
Closing Costs
+$17,275
Down Payment
$50,000
Buyer Agent Fee
$6,375
Loan Fees
$2,000
Title & Escrow
$1,500
Inspections
$900
Transfer Tax
$2,750
Prepaid Expenses
$3,750

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
2 days
vs 41 day average
This home has been listed for 2 days, while homes in this area typically sell in 41 days
Inventory Health
50
homes for sale
14 homes sold last month, indicating 3.6x more supply than demand
Price Dynamics
96.2%
of asking price
Homes typically sell for 3.8% below asking price

Price Trajectory

$150,000
Current median price
+14.6%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 11.8% over the last 3 months
3 Months
-11.8%
6 Months
-30.2%
1 Year
+14.6%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 83.3% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$150,000
3 Months Ago
$125,000
+20.0%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$250,000
Price/sqft
$137
Layout
2 bd2 ba
Days on market
2 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$180,433

38.6%

Your price is 38.6% above average

Median Price

$188,000

33.0%

Based on 6 recent sales

Price per Sq.Ft

$102

33.9%

Your price is 33.9% above average $/sqft

Comparable Properties

209 E Second Street, Van Wert, OH 45891
Price: $143,000
Sq.Ft: 1,660
Beds/Baths: 3/2
$/Sq.Ft:
$8636.9%
Sale Date: 3/21/2025
339 Dickinson Avenue, Van Wert, OH 45891
Price: $190,700
Sq.Ft: 1,983
Beds/Baths: 3/2
$/Sq.Ft:
$9629.6%
Sale Date: 1/15/2025
319 Boyd Avenue, Van Wert, OH 45891
Price: $188,000
Sq.Ft: 1,824
Beds/Baths: 3/2
$/Sq.Ft:
$10324.6%
Sale Date: 11/21/2024
213 College Ave Avenue, Van Wert, OH 45891
Price: $185,000
Sq.Ft: 1,624
Beds/Baths: 3/2
$/Sq.Ft:
$11416.6%
Sale Date: 12/30/2024
514 N Walnut Street, Van Wert, OH 45891
Price: $140,000
Sq.Ft: 1,912
Beds/Baths: 3/2
$/Sq.Ft:
$7346.4%
Sale Date: 12/5/2024
616 N Jefferson Street, Van Wert, OH 45891
Price: $235,900
Sq.Ft: 1,728
Beds/Baths: 3/2
$/Sq.Ft:
$1370.1%
Sale Date: 10/23/2024

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 1 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the roof shingles closely for curling, cracking, or missing granules, especially around vents and chimneys.

Test all electrical outlets with a circuit tester to ensure they are properly grounded and functioning.

Check the heating and cooling system (forced air and central air) by turning them on and off and listening for unusual noises or smells.

Questions to Ask

Important questions to ask during the tour

Can you provide any documentation on the age and maintenance history of the roof, including any past repairs or inspections?

Given the age of the home, have there been any updates to the electrical panel or wiring?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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