NOT LISTED FOR SALE

1791 Manchester Rd Unit 1793 Akron, OH 44314

Summit Lake Neighborhood

Estimated Value: $80,000 - $124,000

4 Beds
2 Baths
1,800 Sq Ft
$55/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $68,500 $38 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $644/month

19 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry Facilities
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of July 2021

MTM tenants. Prevailing rents within 1.5 miles is $650 Median and $734 at 75th percentile. Assuming sale at list price ($75,200), $20K in renovations, Closing costs ($2,500), at actual Annual existing rents less actual Owner paid average water and sewer ($1,200) , taxes ($1,210), insurance ($816), maintenance ($1,200), and Admin ($400), the estimated ROI is approx. 8.5%. Assuming an increase in rents to prevailing rates (Annually $18,000), the ROI increases to 13.3%. Go ahead, include a vacancy factor -- still works. This is a "No Brainer", Ladies and Gentlemen. What are you actually waiting for?

Last Agent to Sell the Property

Christine Jarrell

All Access Realty License #2019006934 Listed on: 06/21/2021

Last Buyer's Agent

Jesse Allison

Howard Hanna License #2013004280

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,109

Year Built

  • Built in 1965

Lot Details

  • 4,478 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 6857971

Community Details

Overview

  • 2 Units
  • Helfers Summit Lake View Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,109

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 38.06
  • Estimated Price per Sq Ft: 38.06
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1800
  • Year Built: 1965
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1965

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: 1800.00
  • Sq Ft Approx Total Finished: 1800.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Features: Attached, Electric
  • Garage Num Of Cars: 2

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Helfers Summit Lake View

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1028
  • Parcel Number: 6857971

Rental Info

  • Owner Pays: Sewer, Water
  • Tenant Pays: Cable/Electric Link, Electric, Gas, Trash Collection

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 8, 2021
Sold by
Guinter William H and Guinter Linda K
Bought by
Dwell Properties Llc
Seller's Agent
Christine Jarrell
All Access Realty
Buyer's Agent
Jesse Allison
Howard Hanna
List Price
$75,200
Sold Price
$68,500
Premium/Discount to List
-$6,700
-8.91%
Current Estimated Value
$99,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,105
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Dec 21, 2005
Sold by
R & J Jones Llc
Bought by
Guinter William H and Guinter Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2000
Sold by
Turanchik William and Turanchik Patricia A
Bought by
J & R Jones Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.96%
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
Dwell Properties Llc $68,000 None Available
Guinter William H $72,500 First American Title Ins Co
J & R Jones Llc $65,000 Falls Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guinter William H $65,250
Previous Owner J & R Jones Llc $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $68,500 -8.9% $38 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $75,200 -- $42 / 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 $1,396 $22,723 $3,581 $19,142
2024 $1,396 $22,723 $3,581 $19,142
2023 $1,396 $22,723 $3,581 $19,142
2022 $1,123 $13,769 $2,107 $11,662
2021 $1,124 $13,769 $2,107 $11,662
2020 $1,209 $13,770 $2,110 $11,660
2019 $1,613 $18,070 $3,010 $15,060
2018 $1,595 $18,070 $3,010 $15,060
2017 $1,632 $18,070 $3,010 $15,060
2016 $1,633 $18,420 $3,010 $15,410
2015 $1,632 $18,420 $3,010 $15,410
2014 $1,621 $18,420 $3,010 $15,410
2013 $1,675 $19,580 $3,010 $16,570
Source: Public Records

Agents Affiliated with this Home

  • Christine Jarrell

    Seller's Agent in 2021

    Christine Jarrell

    All Access Realty

    (440) 413-0945

    1 in this area

    98 Total Sales

    Christine Jarrell
    Section Image
  • Jesse Allison

    Buyer's Agent in 2021

    Jesse Allison

    Howard Hanna

    (330) 717-6850

    1 in this area

    213 Total Sales

    Jesse Allison
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4286452

MLS Now

APN: 68-57971

Ohio Summit County Akron 44314 Summit Lake

1791 Manchester Rd Unit 1793, Akron, OH

This home is located at 1791 Manchester Rd Unit 1793, Akron, OH 44314 since 21 June 2021 and is currently estimated at $99,605, approximately $55 per square foot. This property was built in 1965. 1791 Manchester Rd Unit 1793 is a home located in Summit County with nearby schools including Pfeiffer Elementary School and St. Bernard-St. Mary Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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