NOT LISTED FOR SALE

132 Cole Ave Akron, OH 44301

South Akron Neighborhood

Estimated Value: $59,000 - $103,000

6 Beds
2 Baths
1,725 Sq Ft
$51/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $5,000 $3 Per Sq Ft

Est. 1,560% increase in value since last sale

Current estimated payment $620/month

245 Days on Market

Highlights

  • City View
  • 1 Fireplace
  • Porch
  • Colonial Architecture
  • 2 Car Detached Garage
  • 3-minute walk to Emerling-Curtis Park

About This Home

As of December 2014

Owner Financing Available
Part of 3 Property (4 rental Unit) Investment Portfolio owner will sell all for 35,000
132 Cole Single 5br/1bath 846 Single Sherman 3br/1bath 1049 E Archwood Duplex 2br/1bath per unit

Investment property, 5 bedrooms 2 bath with 2 car garage. Tenant occupied. Median rent for 5 bedroom within 1.5 mile radius is $600/month
Tenant occupied @ $450/month

Cap Rate of 11% Includes Management Fee, Taxes, Insurance 10% Vacancy and 20% Maintenance Contingencies
If rented at market rate: Cap Rate of 31% Includes Management Fee, Taxes, Insurance, Vacancy and 20% Maintenance Contingencies

Last Agent to Sell the Property

Michelle Fenn

RE/MAX Above & Beyond License #2013000092 Listed on: 04/02/2014

RE/MAX Above & Beyond

Last Buyer's Agent

Michelle Fenn

RE/MAX Above & Beyond License #2013000092 Listed on: 04/02/2014

RE/MAX Above & Beyond

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 40x125
  • North Facing Home
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 1,725 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Parks Community

Listing and Financial Details

  • Assessor Parcel Number 6844171

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family
  • Dwelling Type: Detached
  • Style: Colonial
  • House Faces: North
  • Price Per Square Foot: 2.90
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1725
  • Year Built: 1920
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Appliances Equipment: Wall Oven, Range, Refrigerator
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Living Area Sq Ft: 1725
  • Estimated Total Living Area: 1725
  • Estimated Sq Ft: 1725

Exterior Features

  • View: City View
  • Exterior: Wood
  • Exterior Features: Porch
  • Fences: Partial
  • Roof: Asphalt/Fiberglass

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Parks

Schools

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

Lot Info

  • Lot Dimensions: 40x125
  • Lot Size Area Sq Ft: 0.1148
  • Lot Size Units: Acres
  • Acres: 0.1148
  • Parcel Number: 6844171

Tax Info

  • Tax: 1283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2014
Closed on
Dec 17, 2014
Sold by
Quad Investment Properties Llc
Bought by
Txs Property Services Llc
Seller's Agent
Michelle Fenn
RE/MAX Above & Beyond
Buyer's Agent
Michelle Fenn
RE/MAX Above & Beyond
List Price
$21,900
Sold Price
$5,000
Premium/Discount to List
-$16,900
-77.17%
Current Estimated Value
$83,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,000
Avg. Annual Appreciation
30.73%

Purchase Details

Closed on
May 31, 2001
Sold by
Borowski Michael D
Bought by
Quad Investment Properties Llc Akron Ohi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.02%

Purchase Details

Closed on
May 18, 2001
Sold by
Suburban Investment Properties Llc
Bought by
Borowski Steven and Borowski Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.02%

Purchase Details

Closed on
Feb 14, 2001
Sold by
Shepherd Buddy J
Bought by
Suburban 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
$500,000
Interest Rate
7.13%
Mortgage Type
Credit Line Revolving
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
Txs Property Services Llc $25,000 None Available
Quad Investment Properties Llc Akron Ohi -- --
Borowski Steven $60,000 Corridor Title
Suburban Investment Properties Llc $24,300 Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Txs Property Services Llc $238,700
Closed Txs Property Services Llc $25,000
Previous Owner Borowski Steven $48,000
Previous Owner Suburban Investment Properties Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $5,000 -77.2% $3 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $21,900 -- $13 / 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 $1,990 $22,299 $3,791 $18,508
2024 $1,381 $22,299 $3,791 $18,508
2023 $1,990 $22,299 $3,791 $18,508
2022 $1,106 $13,406 $2,230 $11,176
2021 $1,505 $13,406 $2,230 $11,176
2020 $1,779 $13,410 $2,230 $11,180
2019 $1,152 $13,000 $3,730 $9,270
2018 $1,140 $13,000 $3,730 $9,270
2017 $1,360 $13,000 $3,730 $9,270
2016 $1,311 $15,130 $4,350 $10,780
2015 $1,360 $15,130 $4,350 $10,780
2014 $1,301 $15,130 $4,350 $10,780
2013 $1,283 $15,200 $4,350 $10,850
Source: Public Records

Agents Affiliated with this Home

  • Michelle Fenn

    Seller's Agent in 2014

    Michelle Fenn

    RE/MAX

    (216) 333-5145

    43 Total Sales

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Map

Source: MLS Now

MLS Number: 3605845

MLS Now

APN: 68-44171

Ohio Summit County Akron 44301 South Akron

132 Cole Ave, Akron, OH

This home is located at 132 Cole Ave, Akron, OH 44301 since 02 April 2014 and is currently estimated at $87,333, approximately $50 per square foot. This property was built in 1920. 132 Cole Ave is a home located in Summit County with nearby schools including McEbright Elementary School, Kenmore Garfield Community Learning Center, and Main Preparatory 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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