NOT LISTED FOR SALE

1038 Clay St Akron, OH 44301

South Akron Neighborhood

Estimated Value: $145,449 - $149,000

8 Beds
4 Baths
3,648 Sq Ft
$40/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $68,000 $19 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $879/month

48 Days on Market

Highlights

  • 0.24 Acre Lot
  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

ATTENTION INVESTORS! Welcome to 1032 - 1038 Clay St, Akron, OH. Great opportunity to add 2 cash flowing duplexes to your portfolio that are side by side. This package is currently rented for a total of $1,700 a month! This package could have a possible cap rate of 20% or a possible 34% cash on cash return! Combined these properties could pull in close to an extra $20,000+ a year of income for you and your family. Schedule your private showing today so you can add 1032 - 1038 Clay St, Akron, OH to your investment portfolio.

Last Agent to Sell the Property

Dustin Purtan

EXP Realty, LLC. License #2024004721 Listed on: 09/26/2020

EXP Realty, LLC.

Last Buyer's Agent

Michael Kaim

Real of Ohio License #430767

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 10,359 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,648 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units
  • Grant & Steinert Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6736374

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 18.64
  • Estimated Price per Sq Ft: 18.64
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3648
  • Year Built: 1926
  • Court Ordered Y N: No
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1926

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 3648.00
  • Sq Ft Approx Total Finished: 3648.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 4

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Grant & Steinert

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 6837441
  • Lot Size Units: Acres
  • Acres: 0.2378
  • Parcel Number: 6736374

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 20400.00
  • Num Of Buildings: 2
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2025
Sold by
Jdk Ventures Llc
Bought by
Sea Investment Management Llc
Current Estimated Value
$146,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Outstanding Balance
$115,804
Interest Rate
6.85%
Mortgage Type
Credit Line Revolving
Estimated Equity
$30,808

Purchase Details

Closed on
Oct 17, 2024
Sold by
Triman Llc
Bought by
Jdk Ventures Llc

Purchase Details

Listed on
Sep 26, 2020
Closed on
Dec 30, 2020
Sold by
Michael And Donna S Rentals Llc
Bought by
Triman Llc
Seller's Agent
Dustin Purtan
EXP Realty, LLC.
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$105,000
Sold Price
$68,000
Premium/Discount to List
-$37,000
-35.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.56%

Purchase Details

Closed on
Aug 13, 2013
Sold by
Michaels Rental Properties Llc
Bought by
Michael And Donnas Rentals Llc

Purchase Details

Closed on
Sep 20, 2002
Sold by
Cannon Marie A
Bought by
Michaels Rental Properties Ltd Liability
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
Sea Investment Management Llc $145,000 First Source Title
Jdk Ventures Llc $90,000 Wigley Title Agency
Triman Llc $68,000 Ohio Real Title
Michael And Donnas Rentals Llc -- None Available
Michaels Rental Properties Ltd Liability $38,500 C&J Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Investment Management Llc $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $68,000 -28.4% $19 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/11/2020 11/11/20 Price Changed $95,000 -9.5% $26 / Sq Ft
09/26/2020 09/26/20 For Sale $105,000 -- $29 / 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 $1,229 $22,127 $4,445 $17,682
2024 $1,229 $22,127 $4,445 $17,682
2023 $1,229 $22,127 $4,445 $17,682
2022 $1,046 $14,651 $2,870 $11,781
2021 $1,108 $15,558 $2,870 $12,688
2020 $1,092 $15,560 $2,870 $12,690
2019 $922 $11,810 $5,420 $6,390
2018 $911 $11,810 $5,420 $6,390
2017 $934 $11,810 $5,420 $6,390
2016 $935 $11,940 $5,420 $6,520
2015 $934 $11,940 $5,420 $6,520
2014 $927 $11,940 $5,420 $6,520
2013 $982 $12,980 $5,420 $7,560
Source: Public Records

Agents Affiliated with this Home

  • Dustin Purtan

    Seller's Agent in 2021

    Dustin Purtan

    EXP Realty, LLC.

    (330) 620-5680

    8 in this area

    321 Total Sales

    Dustin Purtan
    Section Image
  • Michael Kaim

    Buyer's Agent in 2021

    Michael Kaim

    Real of Ohio

    (440) 228-8046

    6 in this area

    1,543 Total Sales

    Michael Kaim
    Section Image

  • L

    Buyer Co-Listing Agent in 2021

    Laurel DeLara

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 4227349

MLS Now

APN: 68-37441

Ohio Summit County Akron 44301 South Akron

1038 Clay St, Akron, OH

This home is located at 1038 Clay St, Akron, OH 44301 since 26 September 2020 and is currently estimated at $146,612, approximately $40 per square foot. This property was built in 1926. 1038 Clay St is a home located in Summit County with nearby schools including McEbright Elementary School, Kenmore Garfield Community Learning Center, and Main Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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