NOT LISTED FOR SALE

1588 E Summit St Kent, OH 44240

Estimated Value: $214,000 - $264,344

4 Beds
4 Baths
1,734 Sq Ft
$133/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $156,750 $90 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,511/month

39 Days on Market

About This Home

As of August 2017

Rare multi-unit investment property located near Kent State University. Fantastic location. Units have consistently rented quickly with strong demand. Garages have been converted to additional interior living space with carpet, heat, electric, ceiling fan, and an egress window.

Last Agent to Sell the Property

Demetrius Wright

Deleted Agent License #2015004194 Listed on: 05/19/2017

Last Buyer's Agent

Elsie Sayre

Coldwell Banker Schmidt Realty License #293221

Coldwell Banker Schmidt Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,348

Year Built

  • Built in 1998

Lot Details

  • 0.41 Acre Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,734 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Water Not Available

Community Details

  • 2 Units
  • Whitehall Community

Listing and Financial Details

  • Assessor Parcel Number 17-004-00-00-006-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,348

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 90.40
  • Estimated Price per Sq Ft: 90.40
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1734
  • Year Built: 1998
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement Detail: Slab
  • Sq Ft Approx Above Grade Finished: 1734.00
  • Sq Ft Approx Total Finished: 1734.00

Exterior Features

  • Exterior: Aluminum, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • Cooling Type: Wall Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: No Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Whitehall

Schools

  • School District: Kent CSD
  • School District: Kent CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.4130
  • Parcel Number: 17-004-00-00-006-015

Multi Family

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

Tax Info

  • Tax: 3348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Aug 14, 2017
Sold by
Somerville Daniel C and Somerville Jacquelyn
Bought by
Constellation Ohio Llc
Seller's Agent
Demetrius Wright
Deleted Agent
Buyer's Agent
Elsie Sayre
Coldwell Banker Schmidt Realty
List Price
$164,900
Sold Price
$156,750
Premium/Discount to List
-$8,150
-4.94%
Current Estimated Value
$230,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,031
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
May 11, 2015
Sold by
Ekis Kenneth E and Ekis Paul J
Bought by
Somerville Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
Czetli Aaron and Eshelman Jason
Bought by
Ekis Kenneth E and Ekis Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,180
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2001
Sold by
Krummel David and Krummel Catherine
Bought by
Czetli Aaron and Eshelman Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.14%
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
Constellation Ohio Llc $159,300 None Available
Somerville Daniel C $155,000 None Available
Ekis Kenneth E $155,900 Americas Choice Title Agency
Czetli Aaron $120,000 Americas Choice Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Constellation Ohio Llc $184,000
Previous Owner Somerville Daniel C $108,500
Previous Owner Ekis Kenneth E $31,180
Previous Owner Ekis Kenneth E $124,720
Previous Owner Czetli Aaron $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $156,750 0.0% $90 / Sq Ft
06/30/2017 06/30/17 Off Market $156,750 -- --
06/27/2017 06/27/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $164,900 -- $95 / 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 $3,506 $76,240 $12,990 $63,250
2023 $3,523 $61,360 $13,860 $47,500
2022 $9,061 $61,360 $13,860 $47,500
2021 $3,483 $61,360 $13,860 $47,500
2020 $3,139 $49,320 $13,860 $35,460
2019 $3,140 $49,320 $13,860 $35,460
2018 $3,356 $48,760 $15,750 $33,010
2017 $3,356 $48,760 $15,750 $33,010
2016 $3,348 $48,760 $15,750 $33,010
2015 $3,349 $48,760 $15,750 $33,010
2014 $3,318 $47,500 $15,750 $31,750
2013 $3,294 $47,500 $15,750 $31,750
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Demetrius Wright

    Deleted Agent

    Section Image

  • E

    Buyer's Agent in 2017

    Elsie Sayre

    Coldwell Banker Schmidt Realty

    (330) 730-1509

    28 Total Sales

    Elsie Sayre
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 3905225

MLS Now

APN: 17-004-00-00-006-015

Ohio Portage County Kent 44240

1588 E Summit St, Kent, OH

This home is located at 1588 E Summit St, Kent, OH 44240 since 19 May 2017 and is currently estimated at $230,781, approximately $133 per square foot. This property was built in 1998. 1588 E Summit St is a home located in Portage County with nearby schools including Walls Elementary School, Stanton Middle School, and Theodore Roosevelt High School.

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