NOT LISTED FOR SALE

1022 1030 W Exchange St Akron, OH 44302

Highland Square Neighborhood

Estimated Value: $138,000 - $188,000

8 Beds
5 Baths
3,683 Sq Ft
$44/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $195,000 $53 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,231/month

3 Days on Market

Highlights

  • City View
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 0.56 Acre Lot

About This Home

As of April 2022

What an investment opportunity!! Welcome to this 5 unit, 8 bd/5 ba property in the heart of West Akron. There are two buildings on the property. At 1022 W Exchange, you will find two, 2 bedroom units with an additional efficiency unit. There is also basement laundry for the units to share. At 1030 W Exchange, there are two units, the upper having 1 bedroom and the lower with 2 bedrooms. This building is equipped with central air. Plenty of parking and tons of charm! Call to schedule a showing and add this one to your portfolio!

Last Agent to Sell the Property

Nikki Fanizzi

RE/MAX Trends Realty License #2003021302 Listed on: 03/29/2022

RE/MAX Trends Realty

Last Buyer's Agent

Jim Renfrow

Renfrow Realty, LLC. License #2020004632

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,161

Year Built

  • Built in 1875

Lot Details

  • 0.56 Acre Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,683 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, sewer, trash collection, water
  • The owner pays for gas, water
  • Assessor Parcel Number 6824997

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,161

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 52.95
  • Estimated Price per Sq Ft: 52.95
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3683
  • Year Built: 1875
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1875

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 8
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Detail: Full, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3683.00
  • Sq Ft Approx Total Finished: 3683.00

Exterior Features

  • View: City View
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: Shared
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: Akron CSD
  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.5560
  • Parcel Number: 6824997

Rental Info

  • Owner Pays: Gas, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 2
  • Number of Units: 5
  • Percent Units Occupied: 60

Tax Info

  • Tax: 3161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2012
Sold by
Smith Jonathan
Bought by
Summit Friends Llc
Current Estimated Value
$163,849

Purchase Details

Listed on
Jan 11, 2012
Closed on
Feb 14, 2012
Sold by
Beneficial Financial I Inc
Bought by
Smith Jonathan
Seller's Agent
Heather Sletten
Deleted Agent
Buyer's Agent
Nikki Fanizzi
RE/MAX Trends Realty
List Price
$46,900
Sold Price
$46,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Listed on
Jan 11, 2012
Closed on
Dec 21, 2011
Sold by
Lesiesky Leonard C
Bought by
Beneficial Financial I Inc
Seller's Agent
Heather Sletten
Deleted Agent
Buyer's Agent
Nikki Fanizzi
RE/MAX Trends Realty
List Price
$46,900
Sold Price
$46,900
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Summit Friends Llc -- --
Smith Jonathan $40,000 Attorney
Beneficial Financial I Inc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcarnold Llc $146,250
Previous Owner Lesiesky Leonard C $112,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $195,000 +2.7% $53 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $189,900 +304.9% $52 / Sq Ft
02/17/2012 02/17/12 Sold $46,900 0.0% $13 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $46,900 -- $13 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,077 $51,759 $8,103 $43,656
2024 $4,077 $51,759 $8,103 $43,656
2023 $3,401 $51,759 $8,103 $43,656
2022 $3,401 $30,566 $4,767 $25,799
2021 $3,389 $30,359 $4,767 $25,592
2020 $3,337 $30,360 $4,770 $25,590
2019 $3,341 $30,010 $6,740 $23,270
2018 $3,308 $30,010 $6,740 $23,270
2017 $3,244 $30,010 $6,740 $23,270
2016 $3,244 $30,010 $6,740 $23,270
2015 $3,244 $30,010 $6,740 $23,270
2014 $3,276 $30,010 $6,740 $23,270
2013 $3,331 $31,450 $6,740 $24,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4358816

MLS Now

APN: 68-24997