For SaleRisky Deal20 days on market

3189 State Route 307

3189 State Route 307, Austinburg, OH 44010, Austinburg, OH 44010
$325,000

Listing Price

Property image 1
3189 State Route 307, Austinburg, OH 44010
Loc: Austinburg, OH
Days Listed
20
Tax Assessed
$253k
Lot Size
3.74 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Austinburg Elementary School

PK-5
0.3 mi away
6

Geneva High School

8-12
3.7 mi away
4

Geneva Middle School

4-8
4 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

traditionaltwo-storyvinyl sidingdark grey exteriorthree-car garageelevated deckblack railingcross-bracing supportstaircaseresidentialconcrete drivewaysuburbanweathered landscape

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.80%
Total ROI
84.9%
Cash Flow
$-116/mo
DSCR
0.93
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-116/mo net cash flow with a 5.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (5.8%)
  • Strong rental demand in Austinburg
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-28Listed for sale$325,000$99
2026-08-15Listing removed$368,000$112
2026-07-30Price change$368,000$112
2026-07-16Price change$387,000$118
2026-06-26Price change$389,980$118
2026-05-16Price change$398,980$121
2026-03-23Listed for sale$415,990$126
2026-02-23Listing removed$419,900$128
2025-11-20Listed for sale$419,900$128
2025-11-11Pending sale$419,900$128
2025-09-18Price change$419,900$128
2025-08-22Listed for sale$499,900$152
2000-08-07Sold$179,900$55
1995-10-17Sold$210,000$64

Tax History

YearProperty TaxTax Assessment
2024$3,702.36$88,660
2023$3,896.94$88,660
2022$2,980.12$64,060
2021$3,000.4$64,060
2020$3,000.66$64,060
2019$1,355.56$27,450
2018$1,279.06$27,450
2017$1,277.8$27,450
2016$1,242.86$26,360
2015$3,233.06$69,620
2014$3,132.28$69,620
2013$2,828.26$64,300
2012$2,746.6$64,300
2011$2,768.32$64,300
2010$2,686.58$65,000
2008$2,676.12$64,995
2007$2,775.12$65,520
2006$2,734.68$65,520
2005$2,825.74$65,520
2004$2,656.36$60,060
2003$2,654.92$60,060
2002$2,554.76$60,060
2001$2,234.7$58,625
2000$2,245.3$58,625
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
3,292
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/3ba in Austinburg
+18% vs. list
$
$148,140
75% Rule
Maximum Allowable Offer (MAO)
$139,485

Calculated as (75% × $383,500) − $148,140

Asking Price is $185,515 (57.1%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $139,485 based on $148,140 in required updates.
Current Asking Price:$325,000
Estimated ARV:$383,500
Estimated Renovation:$148,140
All-In Capital Basis (MAO + Rehab):$287,625
Projected Equity Margin:+$95,875
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $325,000[Estimated] Rent: $2,600/mo[Estimated] Tax Rate: 1.57% (OH)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.80%

NOI: $18,847/yr

Cash-on-Cash Yield
-1.9%

On $74,750 invested

DSCR Ratio
0.93x

Negative debt coverage

5-Yr Leveraged ROI
+84.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (1.57% of basis)-$331/mo
[Estimated]Homeowner / Hazard Insurance-$100/mo
[Defaulted]Vacancy Reserve (5% of rent)-$130/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$260/mo
[Defaulted]Property Management (8% of rent)-$208/mo
Total Pure Operating Expenses-$1,029/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,600/mo
Less: Operating Expenses-$1,029/mo
Net Operating Income (NOI)+$1,571/mo
Less: Debt Service (30yr @ 6.75%)-$1,686/mo
Net Cash Flow
$-116/mo
$-1,389/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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3189 State Route 307 | Austinburg, OH | Haven AI Analysis | Haven by ScoutHavens