NOT LISTED FOR SALE

1045 Silvercrest Ave Akron, OH 44314

Kenmore Neighborhood

Estimated Value: $92,000 - $138,004

4 Beds
2 Baths
2,352 Sq Ft
$46/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $90,500 $38 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $754/month

4 Days on Market

Highlights

  • City View
  • Forced Air Heating System
  • 1-minute walk to Chestnut Ridge Park
  • Park
  • West Facing Home

About This Home

As of August 2023

Looking for investment? Willing to do repairs & clean up? If so this is a good opportunity for a Do-It-Yourself type person! Unique design - 2 levels - Main Floor: Large Living Room, Kitchen with eating area - utility room. Upper Level: 2 large bedrooms, bath, walk-in closet - (deck off of bedroom area.) 2 Units, 1 Building - Brick/Vinyl exterior - Parking Area - With some work/sweat equity this unit can be a very good investment. Note: The current asking price for the unit is to be sold in AS IS CONDITION - If UNSOLD, seller to have repairs completed and increase asking price.
When showing the units BE CAREFUL as the handrails/banisters are loose!!

Grab your tools, paint brushes, and take advantage of this opportunity - Call to make an appointment or contact your agent to view!

Last Agent to Sell the Property

Milan Salchak

Cutler Real Estate License #167414 Listed on: 07/18/2023

Cutler Real Estate

Last Buyer's Agent

Darlene Hall

Keller Williams Chervenic Rlty License #337861

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1964

Lot Details

  • 4,269 Sq Ft Lot
  • West Facing Home
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, water
  • Assessor Parcel Number 6731931

Community Details

Overview

  • 2 Units
  • Highland Homes Allotment Community

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,782

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: West
  • Price Per Square Foot: 38.48
  • Estimated Price per Sq Ft: 38.48
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2352
  • Year Built: 1964
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: milansalchak@cutlerhomes.com (330) 697-6949
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1964

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 2352.00
  • Sq Ft Approx Total Finished: 2352.00

Exterior Features

  • View: City View
  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Highland Homes Allotment

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0980
  • Parcel Number: 6731931

Rental Info

  • Tenant Pays: Electric, Gas, Water

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 1782

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Lewis Robert L
Bought by
Meneration Builders Llc
Current Estimated Value
$107,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,675
Outstanding Balance
$128,298
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$19,409

Purchase Details

Closed on
Mar 26, 2024
Sold by
Generation Builders Llc
Bought by
Lewis Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,675
Outstanding Balance
$128,298
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$19,409
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
Meneration Builders Llc -- None Listed On Document
Lewis Robert L -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Robert L $129,675
Previous Owner Michael Decarlo Living Trust $37,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $90,500 +29.5% $38 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $69,900 -- $30 / 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 $2,232 $35,228 $5,842 $29,386
2024 $2,232 $35,228 $5,842 $29,386
2023 $2,232 $35,228 $5,842 $29,386
2022 $1,782 $23,177 $3,843 $19,334
2021 $1,784 $23,177 $3,843 $19,334
2020 $1,760 $23,170 $3,840 $19,330
2019 $1,806 $21,690 $3,630 $18,060
2018 $1,735 $21,690 $3,630 $18,060
2017 $2,036 $21,690 $3,630 $18,060
2016 $2,037 $25,470 $4,200 $21,270
2015 $2,036 $25,470 $4,200 $21,270
2014 $2,020 $25,470 $4,200 $21,270
2013 $2,332 $30,440 $4,200 $26,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4475947

MLS Now

APN: 67-31931