NOT LISTED FOR SALE

1394 Seward Ave Unit 1396 Akron, OH 44320

West Akron Neighborhood

Estimated Value: $125,000 - $256,000

8 Beds
4 Baths
2,912 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $183,900 $63 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,288/month

17 Days on Market

Highlights

  • Forced Air Heating System
  • 1-Story Property
  • 2-minute walk to Aquae Park

About This Home

As of December 2021

Four-unit investment property (2 side-by-side ranch duplexes) with new shingles in 2020, and conveniently located near bus line and retail. Each unit has 2-bedrooms and 1 full bath, and separate basement, gas meter, and electric meter. Showings are limited to qualified buyers with an acceptable, non-binding letter-of-intent.

Last Agent to Sell the Property

Jack Marsillo

Cutler Real Estate License #2002000007 Listed on: 08/13/2021

Cutler Real Estate

Last Buyer's Agent

Ciji Newman

BHR & Associates License #2019006344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1963

Lot Details

  • 9,583 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • 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 6808843

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,964

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 63.15
  • Estimated Price per Sq Ft: 63.15
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2912
  • Year Built: 1963
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Range, Refrigerator, Sump Pump
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2912.00
  • Sq Ft Approx Total Finished: 2912.00

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: None
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Fee Information

  • Op Expenses: 10200.00

Schools

  • School District: Akron CSD

Lot Info

  • Additional Assessor Parcel Number 1: 6808840
  • Lot Description: Dead End Street
  • Lot Size Units: Acres
  • Acres: 0.2200
  • Parcel Number: 6808843

Rental Info

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

Multi Family

  • Unit Count: 1
  • Gross Income: 28500.00
  • Net Income: 18300.00
  • Num Of Buildings: 2
  • Number of Units: 4

Tax Info

  • Tax: 2964

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 8, 2021
Sold by
Natejin Zoran and Natejin Gordana
Bought by
Little Jacquelyn
Seller's Agent
Jack Marsillo
Cutler Real Estate
Buyer's Agent
Ciji Newman
BHR & Associates
List Price
$179,000
Sold Price
$183,900
Premium/Discount to List
$4,900
2.74%
Current Estimated Value
$188,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,357
Avg. Annual Appreciation
0.61%
Original Mortgage
$180,568
Outstanding Balance
$166,031
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$22,226

Purchase Details

Closed on
Dec 8, 2011
Sold by
Putman Properties Inc
Bought by
Matejin Zoran and Matejin Gordana
Source: Public Records

Range of Values:

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Average Value
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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
Little Jacquelyn $183,900 First American Title Ins Co
Matejin Zoran $84,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Jacquelyn $180,568
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $183,900 +2.7% $63 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $179,000 -- $61 / 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 $3,640 $66,371 $8,516 $57,855
2024 $3,640 $66,371 $8,516 $57,855
2023 $3,640 $66,371 $8,516 $57,855
2022 $2,761 $39,043 $5,009 $34,034
2021 $2,764 $39,043 $5,009 $34,034
2020 $1,482 $19,820 $2,800 $17,020
2019 $1,745 $21,640 $5,250 $16,390
2018 $1,724 $21,640 $5,250 $16,390
2017 $1,640 $21,640 $5,250 $16,390
2016 $1,641 $20,820 $5,250 $15,570
2015 $1,640 $20,820 $5,250 $15,570
2014 $1,628 $20,820 $5,250 $15,570
2013 $1,312 $16,800 $5,250 $11,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4307962

MLS Now

APN: 68-08843