1058 Mercer Ave Akron, OH 44320
West Akron NeighborhoodEstimated Value: $67,000 - $100,920
3
Beds
1
Bath
1,274
Sq Ft
$70/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- 1 Car Detached Garage
- 1-Story Property
- No HOA
- Heating System Uses Gas
- 4-minute walk to Slosson Park
About This Home
As of January 2024Are you ready to seize a golden opportunity in the real estate market? Look no further! We're thrilled to present a beautifully renovated 3-bedroom, 1-bath house on Mercer Ave that comes with an exceptional tenant, earning $1,100 per month!
Property Highlights
- Newly Renovated: This house has been meticulously updated, ensuring modern comfort and style.
- Spacious 3 Bedrooms: Enjoy ample space for your family or future tenants.
- Inviting Bath: A clean, updated bathroom with modern fixtures.
-Big Yard: Perfect for outdoor activities and gardening.
- Garage: Convenient storage and parking for your vehicles.
- Ample Parking: Your guests will appreciate the ample parking space.
- Peaceful Location: Mercer Ave offers a tranquil and family-friendly atmosphere.
Cash Flowing Asset
With a reliable tenant already in place and paying $1,100 per month, you'll immediately start benefiting from this cash flowing asset. This is an incredible opportunity to add a stable income source to your portfolio.
Location, Location, Location
Mercer Ave is known for its quiet, serene surroundings and easy access to amenities. Whether you're looking for a home to live in or an investment property, this location is ideal.
Don't miss out on this fantastic investment opportunity! Act quickly to secure this cash flowing asset on Mercer Ave.
Last Agent to Sell the Property
ListWithFreedom.com Inc. Brokerage Email: (855) 456-4945 support@listwithfreedom.com License #2020001410 Listed on: 10/27/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1953
Lot Details
- 10,799 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Colonial Architecture
- Aluminum Siding
Interior Spaces
- 1,274 Sq Ft Home
- 1-Story Property
- Partially Finished Basement
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- No Cooling
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Bestview Subdivision
Listing and Financial Details
- Assessor Parcel Number 6710821
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2023
Closed on
Jan 8, 2024
Sold by
Dayton Triangles Llc
Bought by
Hess Jessica
Seller's Agent
Charles Medalie
ListWithFreedom.com Inc.
Buyer's Agent
David Rudolph
Howard Hanna
List Price
$89,000
Sold Price
$86,000
Premium/Discount to List
-$3,000
-3.37%
Total Days on Market
6
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,730
Avg. Annual Appreciation
3.08%
Original Mortgage
$68,800
Outstanding Balance
$67,966
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$21,764
Purchase Details
Closed on
Oct 10, 2022
Sold by
Simbala Llc
Bought by
Dayton Triangles Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,400
Interest Rate
5.66%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 28, 2021
Sold by
Hewitt Martha H
Bought by
Simbala Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 12, 2021
Sold by
Estate Of Edward A Hewitt
Bought by
Hewitt Martha H
Purchase Details
Closed on
Apr 16, 2001
Sold by
Breland Cora M
Bought by
Hewitt Edward A and Hewitt Martha H
Similar Homes in Akron, OH
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hess Jessica | $85,000 | None Listed On Document | |
| Dayton Triangles Llc | $41,150 | -- | |
| Simbala Llc | $38,000 | None Available | |
| Hewitt Martha H | -- | None Available | |
| Hewitt Edward A | $70,100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hess Jessica | $68,800 | |
| Previous Owner | Dayton Triangles Llc | $41,400 | |
| Previous Owner | Dayton Triangles Llc | $41,400 | |
| Previous Owner | Simbala Llc | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/08/2024 01/08/24 | Sold | $86,000 | -3.4% | $68 / Sq Ft |
| 11/02/2023 11/02/23 | Pending | -- | -- | -- |
| 10/27/2023 10/27/23 | For Sale | $89,000 | -- | $70 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $4,973 | $28,994 | $9,107 | $19,887 |
| 2024 | $1,776 | $28,994 | $9,107 | $19,887 |
| 2023 | $4,973 | $28,994 | $9,107 | $19,887 |
| 2022 | $1,354 | $17,987 | $5,520 | $12,467 |
| 2021 | $1,355 | $17,987 | $5,520 | $12,467 |
| 2020 | $1,337 | $17,990 | $5,520 | $12,470 |
| 2019 | $1,286 | $15,650 | $7,100 | $8,550 |
| 2018 | $1,270 | $15,650 | $7,100 | $8,550 |
| 2017 | $1,301 | $15,650 | $7,100 | $8,550 |
| 2016 | $1,302 | $15,810 | $7,100 | $8,710 |
| 2015 | $1,301 | $15,810 | $7,100 | $8,710 |
| 2014 | $1,291 | $15,810 | $7,100 | $8,710 |
| 2013 | $1,467 | $18,640 | $7,100 | $11,540 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Medalie
C
Seller's Agent in 2024
Charles Medalie
ListWithFreedom.com Inc.
(855) 456-4945
1 in this area
378 Total Sales
-
David Rudolph
Buyer's Agent in 2024
David Rudolph
Howard Hanna
(330) 714-0066
3 in this area
202 Total Sales
Map
Source: MLS Now
MLS Number: 4500387
APN: 67-10821
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