NOT LISTED FOR SALE

Estimated Value: $114,000 - $179,000

4 Beds
3 Baths
1,606 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $54,500 $34 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $947/month

218 Days on Market

Highlights

  • 0.3 Acre Lot
  • Forced Air Heating System
  • North Facing Home

About This Home

As of March 2021

1600 Sq. Ft. home split up into 3, 1-bedroom units. 2 units on the first-floor rent for $550 per month and 3rd unit on 2nd floor rents for $470.00 These units sit on 3 lots totaling .2954 ac. Owner pays all utilities; each unit comes with a range and refrigerator. Newer furnace plus this year 2020 Seller just installed new roof and gutters: along with plumbing repairs at a cost of $10,000. Pretty much ready for new owner to cash in on what should be a trouble-free income source. Est of Gross yearly income $18,840 yearly expense $7,428, Net yearly profit est. $11,248

Last Agent to Sell the Property

Michael Latine

Howard Hanna License #439805 Listed on: 06/22/2020

Howard Hanna

Last Buyer's Agent

Sandy Chrisant

Keller Williams Chervenic Rlty License #2002005111

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1884

Lot Details

  • 0.3 Acre Lot
  • North Facing Home
  • Unpaved Streets

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,606 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units
  • East Akron Trace Allotment Community

Listing and Financial Details

  • The owner pays for electric, gas, heating, pays all, sewer, trash collection, water
  • Assessor Parcel Number 6730031

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: North
  • Price Per Square Foot: 33.94
  • Estimated Price per Sq Ft: 33.94
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1606
  • Year Built: 1884
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1884

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full, Partial
  • Sq Ft Approx Above Grade Finished: 1606.00
  • Sq Ft Approx Total Finished: 1606.00

Exterior Features

  • Exterior: Wood
  • Roof: Flat

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: East Akron Trace Allotment

Fee Information

  • Op Expenses: 7420.00

Schools

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

Lot Info

  • Additional Assessor Parcel Number 1: 67-30032
  • Additional Assessor Parcel Number 2: 67-30030
  • Lot Size Units: Acres
  • Acres: 0.2954
  • Parcel Number: 6730031

Rental Info

  • Owner Pays: Electric, Gas, Heating, Pays All, Sewer, Trash Collection, Water

Multi Family

  • Unit Count: 3
  • Gross Income: 18840.00
  • Net Income: 16420.00
  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 1539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2023
Sold by
Adams Donald Kenneth
Bought by
Nomadic Realty Llc
Current Estimated Value
$143,333

Purchase Details

Listed on
Jun 22, 2020
Closed on
Mar 3, 2021
Sold by
Sheets Keith A and Sheets Kimberly C
Bought by
Adams Donald Kenneth
Seller's Agent
Michael Latine
Howard Hanna
Buyer's Agent
Sandy Chrisant
Keller Williams Chervenic Rlty
List Price
$79,500
Sold Price
$54,500
Premium/Discount to List
-$25,000
-31.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.68%
Original Mortgage
$40,875
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Keith Thomas J
Bought by
Sheets Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2006
Sold by
Hinton Christina C
Bought by
Keith Thomas J

Purchase Details

Closed on
Aug 25, 1994
Sold by
Flesher George H
Bought by
Hinton Christina C
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
Nomadic Realty Llc -- None Listed On Document
Adams Donald Kenneth $54,500 American Kingdom
Sheets Kimberly C $75,000 Lawyers Title Ins
Keith Thomas J $40,000 Land America-Lawyers Title
Hinton Christina C $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Donald Kenneth $40,875
Previous Owner Sheets Kimberly C $60,000
Previous Owner Hinton Christina C $145,000
Previous Owner Sulak Diane $375,189
Previous Owner Hinton Christina C $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $54,500 -16.2% $34 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/11/2020 12/11/20 Price Changed $65,000 -13.3% $40 / Sq Ft
08/18/2020 08/18/20 Price Changed $75,000 -16.6% $47 / Sq Ft
07/15/2020 07/15/20 Price Changed $89,900 +13.1% $56 / Sq Ft
06/22/2020 06/22/20 For Sale $79,500 -- $50 / 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 $1,946 $35,784 $8,848 $26,936
2024 $1,946 $35,784 $8,848 $26,936
2023 $1,946 $35,784 $8,848 $26,936
2022 $1,581 $21,175 $5,236 $15,939
2021 $1,475 $21,067 $5,236 $15,831
2020 $1,453 $21,070 $5,240 $15,830
2019 $1,539 $20,330 $5,240 $15,090
2018 $1,519 $20,330 $5,240 $15,090
2017 $1,544 $20,330 $5,240 $15,090
2016 $1,545 $20,330 $5,240 $15,090
2015 $1,544 $20,330 $5,240 $15,090
2014 $1,531 $20,330 $5,240 $15,090
2013 $1,550 $20,330 $5,240 $15,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4199112

MLS Now

APN: 67-30031