1197 7th Ave Akron, OH 44306
East Akron Neighborhood
2
Beds
1
Bath
724
Sq Ft
4,234
Sq Ft Lot
Highlights
- No HOA
- Bungalow
- 1-Story Property
- 1 Car Detached Garage
- Forced Air Heating System
- 2-minute walk to Homestead Park
About This Home
As of April 2025Investment Opportunity! Residential Rental Portfolio Auction. (6) Income Producing Properties, Buy 1 Or All. All Occupied. Akron City, Summit Co., Akron CSD. Live Auction with Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidder(s) on location. ONLINE BIDDING BEGIN MONDAY, FEBRUARY 17, 2025 – 12:00 PM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN FRIDAY, FEBRUARY 21, 2025, 12:30 PM. Exciting investment opportunity in Summit County! (6) income-producing residential rental properties to be sold the same day. Properties consolidated to southern/southwest Akron. All have tenants and leases in place and ready for the new owner. Many of the homes have recent updates. Buy one home, multiple, or all of the portfolio. You decide. Real estate to be offered as follows: Auction #4: 1197 7th Ave., Akron, OH 44306 - (2) bedroom, (1) bath, city utilities tenant paid. For a new tenant, the rent is $1,100 per month. Section 8 approved a rent increase to $1,100 under the new tenant - the current tenant will be out in May. Summit Co. parcel #6734522. Half-year taxes are $346. Auction #1: 1068 Florida Ave., Akron, OH 44314. Auction #2: 889 Polk Ave., Akron, OH 44314. Auction #3: 1512 White Ave., Akron, OH 44307. Auction #5: 627 Arden Pl., Akron, OH 44306. Auction #6: 2217 10th St. SW, Akron, OH 44314. Note: To be offered multi-par, highest bidder(s) can select one property, multiple, or all. Call the Auctioneer with questions. These properties are ready for the next owner! Don’t miss the opportunity. Onsite and Online Bidding Available.
Last Agent to Sell the Property
Kiko Brokerage Email: cmargelowsky@kikocompany.com 330-801-7874 License #2021005765 Listed on: 01/28/2025
Co-Listed By
Kiko Brokerage Email: cmargelowsky@kikocompany.com 330-801-7874 License #2018000907
Last Buyer's Agent
Kiko Brokerage Email: cmargelowsky@kikocompany.com 330-801-7874 License #2018000907
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $692
Year Built
- Built in 1927
Lot Details
- 4,234 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Bungalow
- Frame Construction
- Fiberglass Roof
- Asphalt Roof
Interior Spaces
- 724 Sq Ft Home
- 1-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Emmons Arlington Subdivision
Listing and Financial Details
- Assessor Parcel Number 6734522
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 28, 2025
Closed on
Apr 12, 2025
Sold by
Sweeting Roxanne and Servi Melvin Edward
Bought by
Reinsel Family Holdings Llc
Seller's Agent
Claudia Hartzler
Kiko
Buyer's Agent
Pete Kiko
Kiko
List Price
$58,670
Sold Price
$58,670
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
$1,663
Avg. Annual Appreciation
50.64%
Original Mortgage
$286,033
Outstanding Balance
$286,033
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$219,143
Purchase Details
Listed on
Feb 5, 2024
Closed on
Apr 19, 2024
Sold by
Txs Property Services Llc
Bought by
Sweeting Roxanne and Servi Melvin Edward
Seller's Agent
Debbie Ferrante
RE/MAX Edge Realty
Buyer's Agent
Claudia Hartzler
Kiko
List Price
$69,900
Sold Price
$65,000
Premium/Discount to List
-$4,900
-7.01%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.83%
Original Mortgage
$55,250
Interest Rate
6.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 3, 2018
Sold by
Pr 31 Llc
Bought by
Txs Property Services Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 2016
Sold by
Gee Tee Realty Llc
Bought by
Pr 31 Llc
Purchase Details
Closed on
Sep 29, 2008
Sold by
Equity Trust Company
Bought by
Gee Tee Realty
Purchase Details
Closed on
Feb 4, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Equity Trust Co
Purchase Details
Closed on
Jun 18, 2007
Sold by
Whipple Leslie
Bought by
Hsbc Bank Usa Na and Registered Noteholders Of Renaissance Ho
Purchase Details
Closed on
Oct 27, 2005
Sold by
La Gar Marketing Inc
Bought by
Whipple Leslie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,720
Interest Rate
15%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 19, 2004
Sold by
The Bank Of New York
Bought by
Lagar Marketing
Purchase Details
Closed on
Dec 1, 2003
Sold by
Goodloe Brenda S
Bought by
The Bank Of New York and Eqcc Trust 2001-2
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $116,000 | None Listed On Document | |
| Warranty Deed | $65,000 | None Listed On Document | |
| Limited Warranty Deed | $178,000 | Diamond Title Co | |
| Warranty Deed | $35,000 | Kingdom Title | |
| Deed | -- | Canton Title Agency | |
| Limited Warranty Deed | $6,000 | Nova Title Agency Inc | |
| Sheriffs Deed | $20,000 | Attorney | |
| Warranty Deed | $62,000 | Clear Title Solutions | |
| Special Warranty Deed | $14,500 | Accutitle Agency Inc | |
| Sheriffs Deed | $20,000 | Accutitle Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $286,033 | Credit Line Revolving | |
| Previous Owner | $55,250 | New Conventional | |
| Previous Owner | $35,000 | New Conventional | |
| Previous Owner | $178,000 | Purchase Money Mortgage | |
| Previous Owner | $8,720 | Unknown | |
| Previous Owner | $46,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $12,000 | Credit Line Revolving | |
| Previous Owner | $7,616 | Stand Alone Second | |
| Previous Owner | $7,908 | Stand Alone Second | |
| Previous Owner | $53,200 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | $58,670 | 0.0% | $81 / Sq Ft |
| 02/21/2025 02/21/25 | Pending | -- | -- | -- |
| 01/28/2025 01/28/25 | For Sale | $58,670 | -9.7% | $81 / Sq Ft |
| 04/19/2024 04/19/24 | Sold | $65,000 | -7.0% | $90 / Sq Ft |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- |
| 02/05/2024 02/05/24 | For Sale | $69,900 | -- | $97 / 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 | $692 | $10,028 | $3,014 | $7,014 |
| 2024 | $878 | $10,028 | $3,014 | $7,014 |
| 2023 | $878 | $10,028 | $3,014 | $7,014 |
| 2022 | $476 | $6,276 | $1,771 | $4,505 |
| 2021 | $476 | $6,276 | $1,771 | $4,505 |
| 2020 | $470 | $6,280 | $1,770 | $4,510 |
| 2019 | $664 | $8,380 | $4,030 | $4,350 |
| 2018 | $656 | $8,380 | $4,030 | $4,350 |
| 2017 | $672 | $8,380 | $4,030 | $4,350 |
| 2016 | $673 | $8,460 | $4,030 | $4,430 |
| 2015 | $672 | $8,460 | $4,030 | $4,430 |
| 2014 | $667 | $8,460 | $4,030 | $4,430 |
| 2013 | $656 | $8,490 | $4,030 | $4,460 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Claudia Hartzler
Kiko
(330) 801-7874
5 in this area
45 Total Sales
-
Seller Co-Listing Agent in 2025
Pete Kiko
Kiko
(330) 749-7898
2 in this area
123 Total Sales
-
Seller's Agent in 2024
Debbie Ferrante
RE/MAX
(330) 958-8394
40 in this area
2,474 Total Sales
Map
Source: MLS Now
MLS Number: 5096894
APN: 67-34522
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