NOT LISTED FOR SALE

1064 Derbydale Rd Akron, OH 44306

Ellet Neighborhood

Estimated Value: $144,000 - $202,000

4 Beds
2 Baths
2,080 Sq Ft
$82/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $100,000 $48 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,121/month

367 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2012

INVESTORS DREAM! This well kept duplex is tenant occupied with a recently signed 2 year lease. Monthly rent is $650 per unit. Tenant pays all utilities except water. Located close to the highway. Each unit has 2 bedrooms, bath and utility room on first level and open floor plan with kitchen, dining and living room on second level with a nice deck off of the living room. Updates include newer roof, carpet and paint. Two car garage and extra parking.

Last Agent to Sell the Property

Nancy Lorenzo

Keller Williams Chervenic Rlty License #2006002862 Listed on: 09/09/2011

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 10,062 Sq Ft Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,080 Sq Ft Home
  • 2.5-Story Property

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6811485

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 48.08
  • Num Of Stories: 2.50
  • Total Sq Ft: 2080
  • Year Built: 1974
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2080

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Schools

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

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Area Sq Ft: 10062.0000
  • Lot Size Units: Acres
  • Price Per Acre: 432900.43
  • Acres: 0.2310
  • Parcel Number: 6811485

Multi Family

  • Unit Count: 2
  • Gross Income: 15600.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2024
Sold by
Gsellman Pamela A
Bought by
Chapman Courtney L and Chapman Adam M
Current Estimated Value
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$443,135
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$272,135

Purchase Details

Closed on
May 9, 2022
Sold by
Pamela A Gsellman Revocable Trust and Gsellman Pamela A
Bought by
Gsellman Pamela A

Purchase Details

Closed on
Nov 28, 2018
Sold by
Gsellman Pamela A
Bought by
Gsellman Pamela A and Pamela A Gsellman Revocable Trust

Purchase Details

Listed on
Sep 9, 2011
Closed on
Oct 11, 2012
Sold by
Mirman Kim and Hutchison William M
Bought by
Gsellman Pamela A
Seller's Agent
Nancy Lorenzo
Keller Williams Chervenic Rlty
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Aug 26, 2005
Sold by
Ardea Properties Llc
Bought by
Hutchison William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,300
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 2, 2003
Sold by
Haren Steven M and Haren Melissa L
Bought by
Ardea Properties Llc

Purchase Details

Closed on
Aug 5, 2002
Sold by
Family Investment Properties Llc
Bought by
Haren Steven M and Haren Melissa L

Purchase Details

Closed on
May 16, 2002
Sold by
Tcif Reo1 Llc
Bought by
Family Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2002
Sold by
Bowling Chad J
Bought by
T C I Reo1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
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
Chapman Courtney L $470,000 None Listed On Document
Gsellman Pamela A -- None Listed On Document
Gsellman Pamela A -- None Available
Gsellman Pamela A $100,000 None Available
Hutchison William M $117,000 First Security Title Corpora
Ardea Properties Llc -- --
Haren Steven M $105,000 Midland Commerce Group
Family Investment Properties Llc $75,151 Midland Commerce Group
T C I Reo1 Llc $85,000 Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Courtney L $450,000
Previous Owner Hutchison William M $105,300
Previous Owner Family Investment Properties Llc $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $100,000 -23.0% $48 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
09/09/2011 09/09/11 For Sale $129,900 -- $62 / 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 $2,557 $46,222 $8,747 $37,475
2024 $2,557 $46,222 $8,747 $37,475
2023 $2,557 $46,222 $8,747 $37,475
2022 $2,230 $31,455 $5,831 $25,624
2021 $2,266 $31,955 $5,831 $26,124
2020 $2,233 $31,950 $5,830 $26,120
2019 $2,576 $33,760 $5,310 $28,450
2018 $2,543 $33,760 $5,310 $28,450
2017 $2,644 $33,760 $5,310 $28,450
2016 $2,646 $33,210 $5,310 $27,900
2015 $2,644 $33,210 $5,310 $27,900
2014 $2,624 $33,210 $5,310 $27,900
2013 $2,700 $35,000 $5,310 $29,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3261022

MLS Now

APN: 68-11485