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2100 Penny Ln
Score
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Austintown, OH

2100 Penny Ln

245K
3 bd • 2 ba • 2,344 sf

This analysis was generated on 3/5/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$245,000

Price/Sq.Ft

$105

Year Built

1974

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Stainless steel appliances: Modern stainless steel appliances in the kitchen add to the appeal and functionality • Finished basement: The finished basement provides additional living space and potential for recreation or entertainment • Hardwood floors: Hardwood floors throughout the living areas add warmth and value to the home • Updated kitchen • Finished basement • Hardwood floors • Price Position: The property is listed at $104.52/sqft, which is below the median sold price per square foot in the area ($117.00), suggesting it may be competitively priced. • Appreciation Trend: The property's sale history shows fluctuating values, with a significant increase from $127,000 in 2018 to the current listing price of $245,000. However, previous sales in 2014 were lower than the 2018 sale, indicating potential market volatility. • Rental Income: $1,060/month with 90% occupancy (0.0% cap rate) • Schools: The presence of Austintown Middle School (7/10 rating) contributes a moderate positive impact on property values. The lack of rating for Austintown Elementary and the average rating of Fitch High School provide a neutral impact. Overall, school quality adds an estimated 3-5% premium to property values compared to areas with lower-rated schools. • Future Development: No specific large-scale developments are planned near 2100 Penny Ln that would dramatically alter the neighborhood character or property values in the short term. However, monitoring local zoning board meetings is advised for future awareness.
Stainless steel appliances

Stainless steel appliances

Modern stainless steel appliances in the kitchen add to the appeal and functionality.

Finished basement

Finished basement

The finished basement provides additional living space and potential for recreation or entertainment.

Hardwood floors

Hardwood floors

Hardwood floors throughout the living areas add warmth and value to the home.

The Bad

• Update bathrooms (MEDIUM priority): $5,000 • Remove or update wood paneling in sunroom (LOW priority): $3,000 • Update flooring in sunroom (LOW priority): $2,000 • Seller's market conditions may limit negotiation leverage. • Minimal flood and fire risk, but moderate air quality and heat risk may require additional mitigation measures. • Reliance on individual well and septic systems can present maintenance and repair costs. • The sunroom has ample natural light due to the numerous windows. The other rooms appear to have adequate lighting, but the basement may be darker due to limited window access.

The Ugly

No critical issues identified
Wood paneling

Wood paneling

The wood paneling in the sunroom is dated and may not appeal to all buyers.

Dated bathrooms

Dated bathrooms

The bathrooms appear to be original to the house and could benefit from updating.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $12,720 with 90% occupancy rate Value Investors: Projected 12.2% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $10,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$50,987

Property History

Price History
Ownership Timeline
$127,000Financed
Dec 21, 2018
Steven S Croley, Renee CroleyJulie Larkin, Dylan Ciolino
Warranty Deed
Standard Sale (Purchase/Resales)
$107,000Financed
Jun 2, 2014
Kimberly A HolmesSteven S Croley
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Dec 17, 2009
Keith E HolmesKimberly A Holmes
Intrafamily Transfer
Non-Arm's Length Transactions
$80,000Financed
Mar 28, 2003
Estate Of Daniel R Nichols, First Place BankKeith E Holmes, Kimberly A Holmes
Sheriffs Deed
Foreclosure
$0Cash Purchase
Dec 14, 2000
Joanne M NicholsDaniel R Nichols
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$2,964
2023 Tax Assessment
22.4%from previous year
Assessed Value$65,450
Tax Rate4.53%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Middle

7.0/10
Good

High

6.0/10
Good

Financials

Monthly Costs
Market Rent (3 bed)

$580

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$245,000
Price/sqft
$105
Layout
3 bd2 ba
Days on market
20 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$215,854

13.5%

Your price is 13.5% above average

Median Price

$230,000

6.5%

Based on 6 recent sales

Price per Sq.Ft

$116

9.9%

Your price is 9.9% below average $/sqft

Comparable Properties

4875 New Road, Austintown, OH 44515
Price: $194,000
Sq.Ft: 1,912
Beds/Baths: 3/2
$/Sq.Ft:
$1012.9%
Sale Date: 1/21/2025
5620 Vassar Avenue, Youngstown, OH 44515
Price: $230,000
Sq.Ft: 1,988
Beds/Baths: 3/2
$/Sq.Ft:
$11610.7%
Sale Date: 12/11/2024
1236 Bexley Drive, Youngstown, OH 44515
Price: $180,000
Sq.Ft: 1,944
Beds/Baths: 4/2
$/Sq.Ft:
$9311.4%
Sale Date: 9/22/2024
2612 Birchwood Drive, Youngstown, OH 44515
Price: $301,500
Sq.Ft: 1,930
Beds/Baths: 3/3
$/Sq.Ft:
$15649.5%
Sale Date: 11/15/2024
1243 Woodhurst Drive, Austintown, OH 44515
Price: $159,625
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 10/7/2024
5195 Willow Crest Avenue, Youngstown, OH 44515
Price: $230,000
Sq.Ft: N/A
Beds/Baths: 3/2
$/Sq.Ft: N/A
Sale Date: 9/30/2024

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