NOT LISTED FOR SALE

232 Cole Ave Akron, OH 44301

South Akron Neighborhood
6 Beds
6 Baths
4,640 Sq Ft
5,536 Sq Ft Lot

Sale Details

Date Sold: February 12, 2019

Last sale price $155,000 $33 Per Sq Ft

31 Days on Market

Highlights

  • Heating System Uses Steam
  • North Facing Home
  • 2-minute walk to Marcy Park

About This Home

As of February 2019

Solid brick 6-unit apartment complex. Cash cow with over $70,000 in recent improvements. Fully rented, section 8 approved. Completely re-wired in 2018 with 6 separate electrical panels. Completely re-painted with new carpet and flooring. Three separate entrances. Lower level has 2 one-bedroom units with access to outside. The four-unit upstairs apartments have identical floor plans. Parking for six cars behind building, plus street parking.

Last Agent to Sell the Property

John Scaglione

Coldwell Banker Schmidt Realty License #405446 Listed on: 11/12/2018

Coldwell Banker Schmidt Realty

Last Buyer's Agent

Greg Erlanger

Keller Williams Citywide License #2004000516

Keller Williams Citywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 1928

Lot Details

  • 5,536 Sq Ft Lot
  • North Facing Home

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Pitched Roof
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Built-In Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Location

  • City Lot

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 6 Units
  • Cole Ave Allotment Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric
  • The owner pays for gas, trash collection, water
  • Assessor Parcel Number 6746984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,284

Year Built

Built in 1928

Lot Details

5,536 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: North
  • Price Per Square Foot: 46.13
  • Estimated Price per Sq Ft: 46.13
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Total Sq Ft: 3360
  • Year Built: 1928
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1928

Interior Features

  • Appliances Equipment: Wall Oven, Refrigerator, Smoke Detector
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Detail: Full, Partially Finished
  • Sq Ft Approx Above Grade Finished: 3360.00
  • Sq Ft Approx Below Grade Finished: 1280.00
  • Sq Ft Approx Total Finished: 4640.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass, Pitched

Garage/Parking

  • Driveway: Paved

Utilities

  • Heating Fuel: Gas
  • Heating Type: Hot Water/Steam
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Cole Ave Allotment

Fee Information

  • Op Expenses: 8340.00

Schools

  • School District: Akron CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.1271
  • Parcel Number: 6746984

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 31500.00
  • Net Income: 23160.00
  • Num Of Buildings: 1
  • Number of Units: 6
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2284
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
02/12/2019 02/12/19 Sold $155,000 +14.8% $33 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $135,000 -- $29 / Sq Ft
Source: MLS Now

Tax 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.

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
2026 $10,091 $86,227 $5,814 $80,413
2025 $4,591 $54,251 $5,814 $48,437
2024 $4,591 $54,251 $5,814 $48,437
2023 $4,692 $54,251 $5,814 $48,437
2022 $4,692 $54,251 $5,814 $48,437
2021 $4,699 $54,251 $5,814 $48,437
Source: Public Records

Agents Affiliated with this Home

  • John Scaglione

    Seller's Agent in 2019

    John Scaglione

    Coldwell Banker Schmidt Realty

    (330) 618-0292

    335 Total Sales

    John Scaglione
    Section Image
  • Greg Erlanger

    Buyer's Agent in 2019

    Greg Erlanger

    Keller Williams Citywide

    (216) 570-3270

    2 in this area

    3,549 Total Sales

    Greg Erlanger
    Section Image
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Map

Source: MLS Now

MLS Number: 4052669

MLS Now
Ohio Summit County Akron 44301 South Akron

232 Cole Ave, Akron, OH

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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