NOT LISTED FOR SALE

Estimated Value: $54,000 - $93,000

5 Beds
2 Baths
1,818 Sq Ft
$39/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $40,000 $22 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $416/month

12 Days on Market

About This Home

As of October 2020

2 Unit Apartment with long term tenants. Upper unit has 2 Bedrooms and Full Bath with full Attic. Downstairs unit has 2 Bedrooms and full Bathroom. We’ll maintain Apartment inside and Outside. The exterior features a nice front porch to relax. Few miles away from the University of Akron and Downtown Akron. Bus stop and many stores minutes away. Great Income Property.

Last Agent to Sell the Property

Richard Burroughs

H & R Burroughs Realty, Inc. License #262324 Listed on: 07/24/2020

Last Buyer's Agent

Richard Burroughs

H & R Burroughs Realty, Inc. License #262324 Listed on: 07/24/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 5,663

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • 2-Story Property
  • 5,663 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6733535

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Year Built Exception: Not Verifiable
  • Year Built: 1919
  • Court Ordered Y N: No
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1919

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1300
  • Parcel Number: 6733535

Multi Family

  • Num Of Buildings: 2
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 8, 2020
Sold by
Muhammad Hazim
Bought by
New Generation Homes Inc
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
List Price
$44,900
Sold Price
$40,000
Premium/Discount to List
-$4,900
-10.91%
Current Estimated Value
$70,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,505
Avg. Annual Appreciation
12.32%

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 4, 2019
Sold by
Dorsey Larry and Ammons Denzell
Bought by
Hazim Muhammad
Seller's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
Buyer's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
List Price
$44,900
Sold Price
$36,000
Premium/Discount to List
-$8,900
-19.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.87%

Purchase Details

Closed on
Aug 19, 2016
Sold by
Dorsey Larry
Bought by
Dorsey Larry and Ammons Denzell

Purchase Details

Closed on
Dec 7, 2009
Sold by
Siempre Properties Llc
Bought by
Dorsey Larry

Purchase Details

Closed on
Oct 3, 2006
Sold by
Charter One Bank Na
Bought by
Siempre Properties Llc

Purchase Details

Closed on
Jun 13, 2006
Sold by
Musser David
Bought by
Charter One Bank Na

Purchase Details

Closed on
Jun 13, 2002
Sold by
David Musser
Bought by
Musser David R and Musser Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
6.87%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Gibson Robert T
Bought by
Musser David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,300
Interest Rate
7.27%
Mortgage Type
New Conventional
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
New Generation Homes Inc $40,000 American Certified Title
New Generation Homes Inc $40,000 American Certified Title
Hazim Muhammad $36,500 American Certified Title
Dorsey Larry -- Wigley Title Agency Inc
Dorsey Larry $10,000 None Available
Siempre Properties Llc $16,900 Nova Title Agency Inc
Charter One Bank Na $22,000 None Available
Musser David R -- --
Musser David $24,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musser David R $53,600
Previous Owner Musser David $42,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $40,000 -10.9% $22 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $44,900 -18.4% $25 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/28/2020 07/28/20 Sold $55,000 +22.5% $23 / Sq Ft
07/24/2020 07/24/20 For Sale $44,900 -74.3% $25 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $174,900 +385.8% $72 / Sq Ft
09/12/2019 09/12/19 Sold $36,000 -19.8% $20 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $44,900 0.0% $25 / Sq Ft
11/10/2018 11/10/18 Rented $525 0.0% --
11/05/2018 11/05/18 Under Contract -- -- --
08/17/2018 08/17/18 For Rent $525 -- --
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 $409 $5,121 $3,511 $1,610
2024 $409 $5,121 $3,511 $1,610
2023 $409 $5,121 $3,511 $1,610
2022 $1,025 $13,244 $2,373 $10,871
2021 $1,431 $13,244 $2,373 $10,871
2020 $1,012 $13,240 $2,370 $10,870
2019 $1,103 $13,290 $3,690 $9,600
2018 $1,194 $13,290 $3,690 $9,600
2017 $1,121 $13,290 $3,690 $9,600
2016 $1,122 $13,490 $3,690 $9,800
2015 $1,121 $13,490 $3,690 $9,800
2014 $1,113 $13,490 $3,690 $9,800
2013 $1,237 $14,190 $3,690 $10,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4208127

MLS Now

APN: 67-33535