NOT LISTED FOR SALE

1240 Wilbur Ave Akron, OH 44301

South Akron Neighborhood

Estimated Value: $168,000 - $278,000

6 Beds
4 Baths
2,796 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $207,000 $74 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,389/month

40 Days on Market

Highlights

  • City View
  • Partially Fenced Property
  • 1-minute walk to Atwood - Galena Park
  • Baseboard Heating
  • 1-Story Property

About This Home

As of August 2022

TOTAL 4 UNITS IN 2 BLDGS ON SAME LOT. 1 BEING A SINGLE 2BDRM FAMILYHOME AND A 3 UNIT. TENANTS PAY ALL UTILI WITH EXCEPTION OF WATER AND TRASH. WATER IS $1418.53 AND TRASH $531.31 SEPERATE FURNACES. TENANTS PROVIDE OWN AIR CONDITIONER WINDOW UNITS. 2 NEW FURNACES INSTALLED IN FEB 2022

3 UNIT CONSISTS OF 2 1BDRMS AND 1- 2 BDRM
$2390 TOTAL RENTS. LONG TERM TENANTS


PLEASE CONTACT AGENT FOR MORE INFO AND SHOWINGS


PROPERTY TAXES FOR BOTH UNITS ARE $1334.52 A YEAR PER OWNER

Last Agent to Sell the Property

Cathy Flaughers

Great Move Realty License #236076 Listed on: 05/06/2022

Last Buyer's Agent

Cathy Flaughers

Great Move Realty License #236076 Listed on: 05/06/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1917

Lot Details

  • Partially Fenced Property
  • Chain Link Fence

Home Design

  • Rubber Roof

Interior Spaces

  • 2,796 Sq Ft Home
  • 1-Story Property
  • City Views
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6713288

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • C O Bellows Allotment Community

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,335

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 74.03
  • Estimated Price per Sq Ft: 74.03
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2796
  • Year Built: 1917
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1917

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector, Sump Pump
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 2796.00
  • Sq Ft Approx Total Finished: 2796.00

Exterior Features

  • View: City View
  • Exterior: Aluminum
  • Fences: Chain Link, Partial
  • Roof: Rubber

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Baseboard
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: C O Bellows Allotment

Fee Information

  • Op Expenses: 6015.02

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6713288

Rental Info

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

Multi Family

  • Unit Count: 4
  • Gross Income: 28680.00
  • Net Income: 23105.44
  • Num Of Buildings: 2
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
James And Sharon Skeriotis Revocable Tru
Bought by
Mcgee Michael
Current Estimated Value
$226,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1999
Sold by
Skeriotis James
Bought by
Skeriotis James and Skeriotis Sharon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcgee Michael $207,000 Certified Title
Skeriotis James -- None Available
Skeriotis James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgee Michael $155,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $207,000 0.0% $74 / Sq Ft
06/15/2022 06/15/22 Off Market $207,000 -- --
06/15/2022 06/15/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $209,900 -16.0% $75 / Sq Ft
05/06/2022 05/06/22 For Sale $250,000 -- $89 / 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 $2,576 $31,889 $3,801 $28,088
2024 $1,755 $31,889 $3,801 $28,088
2023 $1,333 $31,889 $3,801 $28,088
2022 $1,333 $18,761 $2,237 $16,524
2021 $1,335 $18,761 $2,237 $16,524
2020 $1,690 $18,760 $2,240 $16,520
2019 $1,828 $22,210 $3,740 $18,470
2018 $1,668 $22,210 $3,740 $18,470
2017 $1,967 $22,210 $3,740 $18,470
2016 $1,967 $25,950 $4,360 $21,590
2015 $1,967 $25,950 $4,360 $21,590
2014 $1,951 $25,950 $4,360 $21,590
2013 $2,039 $27,750 $4,360 $23,390
Source: Public Records

Agents Affiliated with this Home

  • Cathy Flaughers

    Seller's Agent in 2022

    Cathy Flaughers

    Great Move Realty

    (330) 784-7124

    1 in this area

    32 Total Sales

    Cathy Flaughers
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Map

Source: MLS Now

MLS Number: 4370729

MLS Now

APN: 67-13288

Ohio Summit County Akron 44301 South Akron

1240 Wilbur Ave, Akron, OH

Not Listed for Sale

MultiFamily

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