NOT LISTED FOR SALE

1536 Salem Ave Unit 1538 Akron, OH 44306

Ellet Neighborhood

Estimated Value: $122,000 - $223,795

4 Beds
2 Baths
1,323 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $125,000 $94 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,057/month

5 Days on Market

Highlights

  • City View
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot
  • Window Unit Cooling System
  • North Facing Home

About This Home

As of December 2023

1536 – 1538 Salem Ave. Solid 2 Unit Brick Twinplex. Each Unit has 2 BR, Living Room, Full Bath, and Eat-In Kitchen. Kitchen includes Range/Oven & Refrigerator. 2 Car Detached Garage. 1538 is Vacant and is newly carpeted. 1536 will be Vacant on August 4th. Elderly owner (over 40 years) must sell. Being Sold AS-IS. Convenient location near Akron Fulton Airport.

Last Agent to Sell the Property

Mike Sandrene

Adam-August Realty, Inc. Brokerage Email: (330) 325-9450 info@adamaugust.com License #2001016308 Listed on: 07/20/2023

Last Buyer's Agent

Teresa Cabell

Century 21 Homestar License #445540

Century 21 Homestar

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 1961

Lot Details

  • 6,599 Sq Ft Lot
  • North Facing Home
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • City Views
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat, sewer, trash collection, water
  • Assessor Parcel Number 6710715

Community Details

Overview

  • 2 Units
  • East Akron Terrace Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,952

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1961
  • Attribution Contact: (330) 325-9450 info@adamaugust.com
  • ResoLotFeatures: Corner Lot
  • Reso View: City
  • Subdivision Name: East Akron Terrace
  • Above Grade Finished Sq Ft: 1323.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Basement: No
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1515
  • View: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Direction Faces: North
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • LaundryFeatures: None
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6710715
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Heat, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1952.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Dec 7, 2023
Sold by
Strbich Melvin R
Bought by
Watkins Jamar L
Seller's Agent
Mike Sandrene
Adam-August Realty, Inc.
Buyer's Agent
Teresa Cabell
Century 21 Homestar
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Views
24
Current Estimated Value
$156,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,699
Avg. Annual Appreciation
12.10%
Original Mortgage
$118,750
Outstanding Balance
$117,353
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$35,476
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
Watkins Jamar L $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Jamar L $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $125,000 0.0% $94 / Sq Ft
10/21/2023 10/21/23 Off Market $125,000 -- --
07/25/2023 07/25/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $129,900 -- $98 / 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 $2,525 $42,778 $10,609 $32,169
2024 $2,525 $42,778 $10,609 $32,169
2023 $2,525 $42,778 $10,609 $32,169
2022 $1,952 $25,953 $6,276 $19,677
2021 $1,954 $25,953 $6,276 $19,677
2020 $1,927 $25,960 $6,280 $19,680
2019 $2,270 $28,310 $6,280 $22,030
2018 $2,242 $28,310 $6,280 $22,030
2017 $2,276 $28,310 $6,280 $22,030
2016 $2,277 $28,310 $6,280 $22,030
2015 $2,276 $28,310 $6,280 $22,030
2014 $2,259 $28,310 $6,280 $22,030
2013 $2,216 $28,310 $6,280 $22,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4475710

MLS Now

APN: 67-10715