NOT LISTED FOR SALE

Estimated Value: $87,467 - $138,000

3 Beds
3 Baths
1,728 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2024

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

Est. 8% increase in value since last sale

Current estimated payment $768 / mo

20 Days on Market

Highlights

  • City View
  • Outdoor Storage
  • Radiator
  • Property is near public transit
  • South Facing Home
  • 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

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

Plum Tree Realty, LLC

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

  • Triplex
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Dirt Floor

Parking

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

Outdoor Features

  • Outdoor Storage

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
Plum Tree Realty, LLC
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
$123,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,867
Avg. Annual Appreciation
5.15%
Original Mortgage
$86,250
Outstanding Balance
$85,391
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$38,476

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MLS Now

MLS Number: 5074702

MLS Now

APN: 67-05167

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