NOT LISTED FOR SALE

Estimated Value: $164,000 - $196,000

4 Beds
2 Baths
1,450 Sq Ft
$121/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $156,000 $108 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,134/month

25 Days on Market

Highlights

  • City View
  • Park
  • East Facing Home
  • Wooded Lot
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2022

INVESTORS DREAM! 2 separate BRICK RANCH buildings sitting side by side, on the corner of Coventry AND Palmetto, with shared driveways between the buildings and exits/entrances out onto both Palmetto AND Coventry. Each building has 2 units in each. Each unit has 2 bedrooms, full bath, kitchen and living room, and their OWN, separate basement for their unit. So, 4 units total and there are 2 bedrooms in each unit. Buildings, together, as a package deal are listed for $325,000. Each building, separately, is listing for $175,000. AVERAGE RENT, CURRENTLY, in AKRON for a 2 BEDROOM UNIT is $835. Projected rents are listed on this listing. Current landlord has owned the property for a long time and just hasn’t raised the rents to current market rates, but the rent could easily be righted with a new lease, if desired.

Last Agent to Sell the Property

Catherine Haller

EXP Realty, LLC. License #2005014369 Listed on: 08/04/2022

EXP Realty, LLC.

Last Buyer's Agent

Eric Cooper

Key Realty License #2010002083

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1966

Lot Details

  • 4,439 Sq Ft Lot
  • East Facing Home
  • Wooded Lot

Parking

  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 6838513

Community Details

Overview

  • 2 Units
  • Hillcrest Park Community

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,412

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • House Faces: East
  • Price Per Square Foot: 107.59
  • Estimated Price per Sq Ft: 107.59
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1450
  • Year Built: 1966
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1450.00
  • Sq Ft Approx Total Finished: 1450.00

Exterior Features

  • View: City View
  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Parking Lot

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Association/Amenities

  • Amenities: Park

Condo/Co-op/Association

  • Subdivision Complex: Hillcrest Park

Schools

  • School District: Akron CSD

Lot Info

  • Lot Description: Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.1019
  • Parcel Number: 6838513

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 2412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Oct 10, 2022
Sold by
Testa Family Trust
Bought by
Shejal Yogesh Vasant and Kolekar Varsha Sopan
Seller's Agent
Catherine Haller
EXP Realty, LLC.
Buyer's Agent
Eric Cooper
Key Realty
List Price
$175,000
Sold Price
$156,000
Premium/Discount to List
-$19,000
-10.86%
Views
20
Current Estimated Value
$174,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,935
Avg. Annual Appreciation
3.53%
Original Mortgage
$150,793
Outstanding Balance
$144,597
Interest Rate
5.55%
Mortgage Type
FHA
Estimated Equity
$30,338

Purchase Details

Closed on
Nov 29, 2011
Sold by
Testa Vito and Testa Agnes Marie
Bought by
Testa Vito and Testa Agnes M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shejal Yogesh Vasant $156,000 --
Testa Vito -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shejal Yogesh Vasant $150,793
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $156,000 -10.9% $108 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $175,000 -- $121 / 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
2024 $2,709 $48,412 $7,861 $40,551
2023 $2,709 $48,412 $7,861 $40,551
2022 $2,410 $35,084 $5,698 $29,386
2021 $2,413 $35,084 $5,698 $29,386
2020 $2,377 $35,090 $5,700 $29,390
2019 $2,361 $31,660 $5,700 $25,960
2018 $2,330 $31,660 $5,700 $25,960
2017 $2,368 $31,660 $5,700 $25,960
2016 $2,369 $31,660 $5,700 $25,960
2015 $2,368 $31,660 $5,700 $25,960
2014 $2,349 $31,660 $5,700 $25,960
2013 $2,300 $31,660 $5,700 $25,960
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4398924

MLS Now

APN: 68-38513