NOT LISTED FOR SALE

201 Bluff St Unit 1-3 Akron, OH 44304

Elizabeth Park Valley Neighborhood

Estimated Value: $87,997 - $139,000

3 Beds
3 Baths
1,728 Sq Ft
$70/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2024

Last sale price $115,000 $67 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $748 / mo

20 Days on Market

Highlights

  • City View
  • South Facing Home
  • Back Yard
  • Property is near public transit
  • Radiator
  • 3-minute walk to Grace Park

About This Home

As of November 2024

Attention Investors! Schedule your appointment to check out this triplex in downtown Akron with a long history of 100% occupancy. This off-the-beaten-path 1 up/2 down tri in one of Akron's oldest neighborhoods is one of only 3 residential homes on the street.
The structure consists of one ground-floor unit with a large living room, bedroom, and large eat-in kitchen, a second ground-floor studio apartment, and an upstairs unit with one large bedroom, large bath, and open kitchen and living room. There is a small building out back with a storage unit for each residence. Ample parking for all. New boiler in 2015. Yearly gross income is currently $18,900. Owner pays utilities. Operating expenses are approx $7,000 a yr. Current tenants have lived here for 6, 12, & 16 years -all leases are month-to-month. Prefer 48-hour notice to show, but a minimum of 24 hours is required.

Last Agent to Sell the Property

Eric Cooper

Key Realty Brokerage Email: eric.cooper@cbschmidtohio.com 330-696-2068 License #2010002083 Listed on: 10/01/2024

Key Realty

Last Buyer's Agent

Jay Johnson

Keller Williams Legacy Group Realty License #436261

Keller Williams Legacy Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 1899

Lot Details

  • 6,029 Sq Ft Lot
  • South Facing Home
  • Back Yard

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • City Views
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • No Garage
  • Parking Pad
  • Gravel Driveway
  • On-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiator

Community Details

  • W H Upsons Allotment Subdivision
  • No Laundry Facilities
  • Operating Expense $7,000

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 6705167

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,291

Year Built

Built in 1899

Lot Details

6,029 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1899
  • Attribution Contact: eric.cooper@cbschmidtohio.com 330-696-2068
  • ResoLotFeatures: Back Yard, City Lot, Near Public Transit
  • Reso View: City
  • Subdivision Name: W H Upsons Allotment
  • Above Grade Finished Sq Ft: 1728.0
  • Reso Accessibility Features: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More, Two
  • Tax Year: 2023
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Dirt Floor, Partial
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Exterior Features: Storage
  • Roof: Asphalt, Fiberglass
  • Fencing: None
  • Acres: 0.1384
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Direction Faces: South

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Gravel, No Garage, On Site, Parking Pad

Utilities

  • LaundryFeatures: None
  • Cooling: None, Wall/Window Unit(s)
  • Cooling Y N: No
  • Heating: Radiator(s)
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6705167
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: All Utilities
  • Tenant Pays: None

Multi Family

  • Gross Income: 18900.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 1291.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Nov 14, 2024
Sold by
Lawson Matthew D and Lawson Megan
Bought by
Johnson Kurt E and Johnson Lisa C
Seller's Agent
Eric Cooper
Key Realty
Buyer's Agent
Jay Johnson
Keller Williams Legacy Group Realty
List Price
$140,000
Sold Price
$115,000
Premium/Discount to List
-$25,000
-17.86%
Views
31
Current Estimated Value
$120,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,749
Avg. Annual Appreciation
3.40%
Original Mortgage
$86,250
Outstanding Balance
$85,391
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$35,358

Purchase Details

Closed on
Sep 16, 2015
Sold by
Lawson Matthew D and Lawson Megan
Bought by
The Beck Boersma Revocable Living Trust
Source: Public Records
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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
Johnson Kurt E $115,000 Chicago Title
Johnson Kurt E $115,000 Chicago Title
The Beck Boersma Revocable Living Trust $46,500 Quest Title Agency
Lawson Matthew D $62,000 Quest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kurt E $86,250
Closed Johnson Kurt E $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $115,000 -17.9% $67 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $140,000 -- $81 / Sq Ft
Source: MLS Now

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 $1,291 $20,969 $5,229 $15,740
2023 $1,356 $20,969 $5,229 $15,740
2022 $1,124 $13,979 $3,486 $10,493
2021 $1,125 $13,979 $3,486 $10,493
2020 $1,111 $13,980 $3,490 $10,490
2019 $1,407 $16,790 $8,150 $8,640
2018 $1,391 $16,790 $8,150 $8,640
2017 $1,411 $16,790 $8,150 $8,640
2016 $1,462 $16,790 $8,150 $8,640
2015 $1,411 $16,790 $8,150 $8,640
2014 $1,401 $16,790 $8,150 $8,640
2013 $1,375 $16,790 $8,150 $8,640
Source: Public Records

Agents Affiliated with this Home

  • Eric Cooper

    Seller's Agent in 2024

    Eric Cooper

    Key Realty

    (330) 696-2068

    1 in this area

    144 Total Sales

    Eric Cooper
    Section Image

  • J

    Buyer's Agent in 2024

    Jay Johnson

    Keller Williams Legacy Group Realty

    (330) 904-6338

    1 in this area

    20 Total Sales

    Jay Johnson
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5074702

MLS Now

APN: 67-05167

Ohio Summit County Akron 44304 Elizabeth Park Valley

201 Bluff St Unit 1-3, Akron, OH

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