NOT LISTED FOR SALE

Estimated Value: $180,000 - $194,000

4 Beds
2 Baths
1,539 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $139,900 $91 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,236/month

3 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 4-minute walk to Heintz Park

About This Home

As of March 2022

Welcome to 1881 - 1885 Redwood Ave! Located on a dead end street this well maintained side by side brick ranch duplex is a fully occupied investment opportunity with minimal expenses. Similar in layout each unit is 2 bedrooms 1 bathroom. Tenants have resided for 5 years, smoke/pet free and are month to month RENT $575 PLUS ALL UTILITIES. The lower level of each unit is private with separate laundry hookups, glass block windows, plenty of storage space, individual utility meters and a designated water tank and furnace. Unit 1881 has new flooring in common areas and bonus features a sunroom with accessible ramp off rear entrance. Additional updates include all windows (2016), updated electrical, central air, unit 1881 new garbage disposal - water tank (2018). Exterior features clean landscaping and an oversized paved driveway perfect for tenant needs. Conveiently located on a quiet street but minutes away from some of Akron’s most popular shops, restaurants, parks, highways and the Akron Fulton Airport (AKC). Take advantage of this exciting and rare opportunity that will not last long!

Last Agent to Sell the Property

Mike Anter

JAMM Real Estate Co. License #2013004435 Listed on: 03/10/2022

Co-Listed By

Claire Frye

Deleted Agent License #2020008205

Last Buyer's Agent

Lisa Schmitt

Berkshire Hathaway HomeServices Stouffer Realty License #2004022536

Berkshire Hathaway HomeServices Stouffer Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,829

Year Built

  • Built in 1967

Lot Details

  • 7,562 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,539 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Heintz Sub Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 6854980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,829

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 90.90
  • Estimated Price per Sq Ft: 90.90
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1539
  • Year Built: 1967
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full, Unfinished
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 1539.00
  • Sq Ft Approx Total Finished: 1539.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Heintz Sub

Schools

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

Lot Info

  • Lot Description: Dead End Street
  • Lot Size Units: Acres
  • Acres: 0.1736
  • Parcel Number: 6854980

Rental Info

  • Tenant Pays: Pays All

Multi Family

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

Tax Info

  • Tax: 2829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 28, 2022
Sold by
Paul C Nauer Revocable Trust
Bought by
Dotson Terry M and Dotson Kim J
Seller's Agent
Mike Anter
JAMM Real Estate Co.
Buyer's Agent
Lisa Schmitt
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$188,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,449
Avg. Annual Appreciation
8.79%
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
Dotson Terry M $139,900 Thomas Anne B
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $139,900 0.0% $91 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $139,900 -- $91 / 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 $2,884 $51,647 $10,742 $40,905
2024 $2,884 $51,647 $10,742 $40,905
2023 $2,884 $51,647 $10,742 $40,905
2022 $2,868 $40,359 $7,784 $32,575
2021 $2,871 $40,359 $7,784 $32,575
2020 $2,829 $40,360 $7,780 $32,580
2019 $2,771 $35,850 $7,780 $28,070
2018 $2,735 $35,850 $7,780 $28,070
2017 $2,778 $35,850 $7,780 $28,070
2016 $2,780 $35,850 $7,780 $28,070
2015 $2,778 $35,850 $7,780 $28,070
2014 $2,757 $35,850 $7,780 $28,070
2013 $2,714 $36,020 $7,780 $28,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4352510

MLS Now

APN: 68-54980