NOT LISTED FOR SALE

Estimated Value: $93,000 - $154,302

3 Beds
1 Bath
1,152 Sq Ft
$104/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $59,000 $51 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $759/month

1 Day on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • 2 Car Detached Garage
  • 4-minute walk to Reservoir Park

About This Home

As of February 2024

Investor's Dream in Akron, Ohio. Great ROI Potential! Prime Location: Nestled in a sought-after neighborhood, this property enjoys the benefits of convenience and accessibility, making it an ideal choice for future tenants. Competitive Pricing: Priced to sell, this property presents an unbeatable investment opportunity. The low entry cost provides a solid foundation for maximizing your ROI. Update and Elevate: While the home requires updates, minimal investment will increase its market value significantly. ROI Assurance: This isn't just a home; it's a promise of return on investment. With strategic updates, watch your investment grow as the property transforms into a highly desirable asset. Rental Income Potential: Akron's rental market is thriving, and this property is perfectly positioned to capitalize on the demand for quality housing. ROI Projections: Short-Term Gains: Implement cosmetic updates to quickly boost property value. Long-Term Strategy: Ride the wave of Akron's growing real estate market, securing substantial returns over time. Contact us today to discuss how this property can be your gateway to financial success! Property sold "as is".

Last Agent to Sell the Property

Megan Featherston

Serenity Realty License #2023001575 Listed on: 02/05/2024

Serenity Realty

Last Buyer's Agent

Megan Featherston

Serenity Realty License #2023001575 Listed on: 02/05/2024

Serenity Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1923

Lot Details

  • 4,600 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Detached Garage
  • Unpaved Parking

Home Design

  • Colonial Architecture
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Newton Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6823373

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1923
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Newton Heights
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2022
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1056
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Unpaved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6823373
  • LandLeaseYN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Ks Yoak Enterprises Llc
Bought by
Chen Robert
Current Estimated Value
$120,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Outstanding Balance
$102,650
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$17,676

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 13, 2024
Sold by
Prop4 Llc
Bought by
Ks Yoak Enterprises Llc
Seller's Agent
Megan Featherston
Serenity Realty
Buyer's Agent
Megan Featherston
Serenity Realty
List Price
$59,000
Sold Price
$59,000
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.62%

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 29, 2023
Sold by
Bursan Peter
Bought by
Prop4 Llc
Seller's Agent
Kristin Berthiaume
Keller Williams Chervenic Rlty
Buyer's Agent
Brett Casey
Skymount Realty, LLC
List Price
$49,000
Sold Price
$49,000
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.19%
Original Mortgage
$84,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1995
Sold by
Reynolds Margaret J
Bought by
Bursan David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,300
Interest Rate
8.43%
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
Chen Robert $139,000 None Listed On Document
Ks Yoak Enterprises Llc $59,000 Omega Title
Prop4 Llc $49,000 Omega Title
Bursan David G $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Robert $104,250
Previous Owner Prop4 Llc $84,000
Previous Owner Bursan David G $22,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2024 02/12/24 Sold $59,000 0.0% $51 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $59,000 +20.4% $51 / Sq Ft
09/29/2023 09/29/23 Sold $49,000 0.0% $43 / Sq Ft View Prior Sale
09/05/2023 09/05/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $49,000 -- $43 / 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 $1,429 $26,548 $5,492 $21,056
2024 $1,429 $26,548 $5,492 $21,056
2023 $1,429 $26,461 $5,492 $20,969
2022 $1,192 $17,161 $3,350 $13,811
2021 $1,193 $17,161 $3,350 $13,811
2020 $1,176 $17,160 $3,350 $13,810
2019 $1,155 $15,300 $5,630 $9,670
2018 $1,140 $15,300 $5,630 $9,670
2017 $1,158 $15,300 $5,630 $9,670
2016 $1,159 $15,300 $5,630 $9,670
2015 $1,158 $15,300 $5,630 $9,670
2014 $1,180 $15,300 $5,630 $9,670
2013 $1,345 $17,970 $5,630 $12,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5015394

MLS Now

APN: 68-23373