NOT LISTED FOR SALE

2325 Cramer Ave Akron, OH 44312

Ellet Neighborhood

Estimated Value: $170,000 - $194,805

4 Beds
2 Baths
1,378 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $114,500 $83 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,214/month

13 Days on Market

Highlights

  • 0.34 Acre Lot
  • Forced Air Heating System
  • 4-minute walk to Lions Park
  • 2 Car Direct Access Garage
  • 1-Story Property

About This Home

As of October 2018

Nice investment opportunity. Here is your chance to own a turn key side by side
brick ranch in the Ellet area of Akron. Both sides are occupied and pay $600/month
each. One side has very long term tenant. Both sides feature 2 bedrooms, a full bath,
living area, and kitchen on the main level. On the lower level, you can find the utility
rooms and attached garages. There is also plenty of room for additional parking in
the rear of the building. Whether you are looking to add to your rental portfolio or
live in one side and rent the other, do not miss out on this great opportunity to own
this solid brick ranch duplex.

Last Agent to Sell the Property

Brett Walchalk

Russell Real Estate Services License #2013003922 Listed on: 08/22/2018

Russell Real Estate Services

Last Buyer's Agent

Cassie Fitzgerald

EXP Realty, LLC. License #2008001664

EXP Realty, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,425

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Schrops Community

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 6733463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,425

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 83.09
  • Estimated Price per Sq Ft: 83.09
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1378
  • Year Built: 1961
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1378.00
  • Sq Ft Approx Total Finished: 1378.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Access from Unit, Attached, Door Opener, Electric
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Schrops

Fee Information

  • Op Expenses: 3110.51

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.3398
  • Parcel Number: 6733463

Rental Info

  • Tenant Pays: Pays All

Multi Family

  • Unit Count: 1
  • Gross Income: 14400.00
  • Net Income: 11289.49
  • Num Of Buildings: 1
  • Number of Units: 2

Tax Info

  • Tax: 2425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Montgomery Timeka
Bought by
Nazarian Arbi
Current Estimated Value
$179,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,875
Outstanding Balance
$100,709
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$78,992

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 24, 2018
Sold by
Navratil Gary and Navratil Mary Alice
Bought by
Montgomery Timeka
Seller's Agent
Brett Walchalk
Russell Real Estate Services
Buyer's Agent
Cassie Fitzgerald
EXP Realty, LLC.
List Price
$114,500
Sold Price
$114,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$85,875
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by
Navratil Gary and Navratil Mary Alice
Bought by
Navratil Gary and Navratil Mary Alice

Purchase Details

Closed on
Apr 28, 2016
Sold by
Wartko Ronald A and Wartko Janice L
Bought by
Navratil Gary and Navratil Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2016
Sold by
Wartko Ronald A
Bought by
Wartko Ronald A and Wartko Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2006
Sold by
Mellon Daniel T and Mellon Michelle M
Bought by
Wartko Ronald A and Wartko Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2003
Sold by
Bayside Investment Group Ltd
Bought by
Mellon Daniel T and Mellon Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1999
Sold by
Mellon D Todd and Mazzagatti Mellon Michelle
Bought by
Bayside Investment Group Ltd

Purchase Details

Closed on
Apr 9, 1999
Sold by
Anderson Martha and Gibitz Martha
Bought by
Mellon D Todd and Mazzagatti Mellon Michelle
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
Nazarian Arbi $155,000 Ohio Real Title
Montgomery Timeka $114,500 Ohio Real Title
Navratil Gary -- None Available
Navratil Gary $90,000 None Available
Wartko Ronald A -- Nationallink
Wartko Ronald A $115,000 Kent Title Agency Inc
Mellon Daniel T -- First Security Title Corpora
Bayside Investment Group Ltd -- Northeast Title Agency Inc
Mellon D Todd $82,500 Northeast Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazarian Arbi $109,875
Previous Owner Montgomery Timeka $85,875
Previous Owner Wartko Ronald A $82,000
Previous Owner Wartko Ronald A $92,000
Previous Owner Mellon Daniel T $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $114,500 0.0% $83 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $114,500 -- $83 / 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 $3,255 $58,157 $18,092 $40,065
2024 $3,255 $58,157 $18,092 $40,065
2023 $3,255 $58,157 $18,092 $40,065
2022 $2,707 $37,521 $11,673 $25,848
2021 $2,560 $36,786 $11,673 $25,113
2020 $2,523 $36,780 $11,670 $25,110
2019 $2,459 $32,530 $10,500 $22,030
2018 $2,427 $32,530 $10,500 $22,030
2017 $2,515 $32,530 $10,500 $22,030
2016 $2,467 $32,530 $10,500 $22,030
2015 $2,515 $32,530 $10,500 $22,030
2014 $2,496 $32,530 $10,500 $22,030
2013 $2,537 $33,820 $10,500 $23,320
Source: Public Records

Agents Affiliated with this Home

  • Brett Walchalk

    Seller's Agent in 2018

    Brett Walchalk

    Russell Real Estate Services

    (330) 618-0711

    15 in this area

    116 Total Sales

    Brett Walchalk
    Section Image
  • Cassie Fitzgerald

    Buyer's Agent in 2018

    Cassie Fitzgerald

    EXP Realty, LLC.

    (330) 256-6122

    1 in this area

    121 Total Sales

    Cassie Fitzgerald
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4030856

MLS Now

APN: 67-33463

Ohio Summit County Akron 44312 Ellet

2325 Cramer Ave, Akron, OH

This home is located at 2325 Cramer Ave, Akron, OH 44312 since 22 August 2018 and is currently estimated at $179,701, approximately $130 per square foot. This property was built in 1961. 2325 Cramer Ave is a home located in Summit County with nearby schools including Ellet High School, Summit Academy Akron Elementary School, and Akron Preparatory 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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