NOT LISTED FOR SALE

1170 Jason Ave Unit 1172 Akron, OH 44314

Rolling Acres Neighborhood

Estimated Value: $101,000 - $123,000

2 Beds
1 Bath
720 Sq Ft
$152/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $250,000 $347 Per Sq Ft

Current estimated payment $715/month

About This Home

As of January 2022

“ WOW” 5 Buildings side by side , each unit has 2 Bedroom, Bathroom and Kitchen separate furnace, Hot water tanks. Space for tenants washer and dryer- stacked . 2nd floor unit has vaulted ceilings A/C units in some apartment. The annual taxes are per unit. Great income property with great CASH flow. Investor dream property!!!

Last Agent to Sell the Property

Richard Burroughs

H & R Burroughs Realty, Inc. License #262324 Listed on: 08/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1960

Lot Details

  • 6,795 Sq Ft Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Kitchen

  • <<builtInOvenToken>>
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 5 Buildings
  • 10 Units
  • Springdale Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6846625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,407

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Not Verifiable
  • Year Built: 1960
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Range, Refrigerator, Wall Oven
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry: 1

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Springdale

Fee Information

  • Op Expenses: 16620.00

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1560
  • Parcel Number: 6846625

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable/Electric Link, Electric, Heating

Multi Family

  • Unit Count: 1
  • Gross Income: 54000.00
  • Net Income: 37740.00
  • Num Of Buildings: 5
  • Number of Units: 10
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Feb 3, 2022
Sold by
Dilip Amin Mrugesh
Bought by
Clara St Llc
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Richard Burroughs
Deleted Agent
List Price
$299,500
Sold Price
$250,000
Premium/Discount to List
-$49,500
-16.53%
Current Estimated Value
$109,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$140,333
Avg. Annual Appreciation
-20.57%
Original Mortgage
$260,650
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 11, 2021
Closed on
Dec 20, 2021
Sold by
Dilip Amin Mrugesh
Bought by
Clara St Llc
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Richard Burroughs
Deleted Agent
List Price
$299,500
Sold Price
$250,000
Premium/Discount to List
-$49,500
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,650
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 26, 2010
Sold by
Midwest Realty Advisors Llc
Bought by
Amin Pramoda

Purchase Details

Closed on
Aug 8, 2005
Sold by
Creed Ryan W and Creed Shannon M
Bought by
Creed Investments Ltd

Purchase Details

Closed on
Nov 29, 2000
Sold by
Wallenhurst Jason
Bought by
Creed Ryan W and Creed Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2000
Sold by
Farkas James J
Bought by
Wallenhurst Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,741
Interest Rate
7.9%
Mortgage Type
Seller Take Back
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
Clara St Llc $250,000 Title First Agency
Clara St Llc $250,000 Title First Agency
Amin Pramoda $175,000 Title First Agency Inc
Creed Investments Ltd -- Bond & Associates Title Agen
Creed Ryan W $66,300 First Security Title
Wallenhurst Jason $230,000 First Security Title Corpora
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Clara St Llc $260,650
Closed Clara St Llc $260,650
Previous Owner Creed Investments Ltd $325,000
Previous Owner Creed Ryan W $54,500
Previous Owner Creed Ryan W $53,000
Previous Owner Wallenhurst Jason $202,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $250,000 -16.5% $347 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $299,500 -- $416 / 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 $3,930 $27,934 $6,983 $20,951
2024 $1,635 $27,934 $6,983 $20,951
2023 $3,930 $27,934 $6,983 $20,951
2022 $1,280 $18,141 $4,505 $13,636
2021 $1,281 $18,141 $4,505 $13,636
2020 $1,362 $18,150 $4,510 $13,640
2019 $1,544 $18,980 $4,570 $14,410
2018 $1,525 $18,980 $4,570 $14,410
2017 $1,532 $18,980 $4,570 $14,410
2016 $1,533 $19,450 $4,570 $14,880
2015 $1,532 $19,450 $4,570 $14,880
2014 $1,624 $19,450 $4,570 $14,880
2013 $1,560 $20,440 $4,570 $15,870
Source: Public Records

Agents Affiliated with this Home

  • Richard Burroughs

    Seller's Agent in 2022

    Richard Burroughs

    H & R Burroughs Realty, Inc.

    (330) 351-2367

    1 in this area

    148 Total Sales

    Richard Burroughs
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Map

Source: MLS Now

MLS Number: 4306184

MLS Now

APN: 68-46626

Ohio Summit County Akron 44314 Rolling Acres

1170 Jason Ave Unit 1172, Akron, OH

This home is located at 1170 Jason Ave Unit 1172, Akron, OH 44314 since 11 August 2021 and is currently estimated at $109,667, approximately $152 per square foot. This property was built in 1960. 1170 Jason Ave Unit 1172 is a home located in Summit County with nearby schools including Imagine Akron Academy and Emmanuel Christian 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.

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