NOT LISTED FOR SALE

1058 Mercer Ave Akron, OH 44320

West Akron Neighborhood

Estimated Value: $77,000 - $119,402

3 Beds
1 Bath
1,274 Sq Ft
$77/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $86,000 $68 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $632/month

6 Days on Market

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 2024

Are 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

Charles Medalie

ListWithFreedom.com Inc. Brokerage Email: (855) 456-4945 support@listwithfreedom.com License #2020001410 Listed on: 10/27/2023

Last Buyer's Agent

David Rudolph

Howard Hanna License #2018003805

Howard Hanna

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

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1953
  • Attribution Contact: (855) 456-4945 support@listwithfreedom.com
  • Subdivision Name: Bestview
  • Above Grade Finished Sq Ft: 1274.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1

Exterior Features

  • Roof: Other
  • Acres: 0.2479
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Other
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6710821
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Rental Info

  • PetsAllowed: Yes

Tax Info

  • Tax Annual Amount: 3198.0

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%
Views
24
Current Estimated Value
$98,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,351
Avg. Annual Appreciation
6.91%
Original Mortgage
$68,800
Outstanding Balance
$67,790
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$28,230

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
Source: Public Records

Range of Values:

Collateral Analytics

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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
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

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 $4,973 $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

  • C

    Seller's Agent in 2024

    Charles Medalie

    ListWithFreedom.com Inc.

    (855) 456-4945

    1 in this area

    393 Total Sales

    Charles Medalie
    Section Image
  • David Rudolph

    Buyer's Agent in 2024

    David Rudolph

    Howard Hanna

    (330) 714-0066

    3 in this area

    193 Total Sales

    David Rudolph
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4500387

MLS Now

APN: 67-10821

Ohio Summit County Akron 44320 West Akron

1058 Mercer Ave, Akron, OH

This home is located at 1058 Mercer Ave, Akron, OH 44320 since 27 October 2023 and is currently estimated at $98,351, approximately $77 per square foot. This property was built in 1953. 1058 Mercer Ave is a home located in Summit County with nearby schools including Emmanuel Christian Academy and Julie Billiart School Akron.

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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