NOT LISTED FOR SALE

2375 Sanitarium Rd Akron, OH 44312

Estimated Value: $219,000 - $255,831

6 Beds
3 Baths
2,292 Sq Ft
$103/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $203,000 $89 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,365/month

8 Days on Market

Highlights

  • Corner Lot
  • South Facing Home
  • 1-Story Property
  • Heating System Uses Steam

About This Home

As of April 2023

This home is located at 2375 Sanitarium Rd, Akron, OH 44312 since 25 February 2023 and is currently estimated at $235,458, approximately $102 per square foot. This property was built in 1969. 2375 Sanitarium Rd is a home located in Summit County with nearby schools including Springfield High School, Summit Academy Akron Elementary School, and Chapel Hill Christian School-Green Campus.

Last Agent to Sell the Property

Meghan McDonald

DKM Realty, LLC License #2018005490 Listed on: 02/25/2023

Co-Listed By

Lenny Lawrence

Lawrence Realty LLC License #403540

Last Buyer's Agent

Michael Magno

Keller Williams Living License #2016003542

Keller Williams Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1969

Lot Details

  • 10,642 Sq Ft Lot
  • South Facing Home
  • Corner Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,292 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Tract 6 Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric
  • The owner pays for gas, heating, sewer, trash collection, water
  • Assessor Parcel Number 5400412

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,398

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: South
  • Price Per Square Foot: 88.57
  • Estimated Price per Sq Ft: 88.57
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 2292
  • Year Built: 1969
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1969

Interior Features

  • Appliances Equipment: Smoke Detector
  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Slab
  • Laundry: 3
  • Sq Ft Approx Above Grade Finished: 2292.00
  • Sq Ft Approx Total Finished: 2292.00

Exterior Features

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

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Tract 6

Fee Information

  • Op Expenses: 7388.00

Schools

  • School District: Springfield LSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.2443
  • Parcel Number: 5400412

Rental Info

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

Multi Family

  • Unit Count: 3
  • Gross Income: 25260.00
  • Net Income: 17872.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Apr 12, 2023
Sold by
Rei & Rose Estates 2 Llc
Bought by
Cardiff Pacific Investments Llc
Seller's Agent
Meghan McDonald
DKM Realty, LLC
Buyer's Agent
Michael Magno
Keller Williams Living
List Price
$199,900
Sold Price
$203,000
Premium/Discount to List
$3,100
1.55%
Views
37
Current Estimated Value
$235,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,458
Avg. Annual Appreciation
5.48%

Purchase Details

Listed on
May 19, 2021
Closed on
Sep 29, 2021
Sold by
Highland Rentals Llc
Bought by
Rei & Rose Estates 2 Llc
Seller's Agent
John Scaglione
Coldwell Banker Schmidt Realty
Buyer's Agent
Rachel Sharp
M. C. Real Estate
List Price
$184,900
Sold Price
$158,000
Premium/Discount to List
-$26,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%
Original Mortgage
$118,500
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2020
Sold by
Hostetler Monroe J and Hostetler Sandra L
Bought by
Highland Rentals Llc

Purchase Details

Closed on
Jul 2, 2020
Sold by
Hostetler Monroe J and Hostetler Sandra L
Bought by
Highland Rentals Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cardiff Pacific Investments Llc $203,000 None Listed On Document
Rei & Rose Estates 2 Llc $158,000 None Available
Highland Rentals Llc -- None Listed On Document
Highland Rentals Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rei & Rose Estates 2 Llc $118,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2023 04/13/23 Sold $203,000 +1.6% $89 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $199,900 +26.5% $87 / Sq Ft
10/01/2021 10/01/21 Sold $158,000 -9.7% $69 / Sq Ft View Prior Sale
08/11/2021 08/11/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $174,900 -2.8% $76 / Sq Ft
07/09/2021 07/09/21 Price Changed $179,900 -2.7% $78 / Sq Ft
05/19/2021 05/19/21 For Sale $184,900 -- $81 / 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
2024 $1,756 $35,102 $12,212 $22,890
2023 $1,756 $35,102 $12,212 $22,890
2022 $1,812 $27,973 $9,692 $18,281
2021 $1,561 $27,427 $9,692 $17,735
2020 $1,537 $27,430 $9,690 $17,740
2019 $1,780 $29,280 $9,210 $20,070
2018 $1,754 $29,280 $9,210 $20,070
2017 $1,823 $29,280 $9,210 $20,070
2016 $1,842 $29,280 $9,210 $20,070
2015 $1,823 $29,280 $9,210 $20,070
2014 $1,675 $29,280 $9,210 $20,070
2013 $1,812 $31,440 $9,210 $22,230
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Meghan McDonald

    DKM Realty, LLC

    (330) 268-4919

    1 in this area

    45 Total Sales

    Meghan McDonald
    Section Image

  • L

    Seller Co-Listing Agent in 2023

    Lenny Lawrence

    Lawrence Realty LLC

    (330) 268-4919

    1 in this area

    13 Total Sales

    Lenny Lawrence
    Section Image
  • Michael Magno

    Buyer's Agent in 2023

    Michael Magno

    Keller Williams Living

    (330) 990-3744

    1 in this area

    373 Total Sales

    Michael Magno
    Section Image
  • John Scaglione

    Seller's Agent in 2021

    John Scaglione

    Coldwell Banker Schmidt Realty

    (330) 618-0292

    3 in this area

    350 Total Sales

    John Scaglione
    Section Image
  • Rachel Sharp

    Buyer's Agent in 2021

    Rachel Sharp

    M. C. Real Estate

    (330) 354-6792

    1 in this area

    51 Total Sales

    Rachel Sharp
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4440558

MLS Now

APN: 54-00412

Ohio Summit County Akron 44250

2375 Sanitarium Rd, Akron, OH

Not Listed for Sale

MultiFamily

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