NOT LISTED FOR SALE

2408 7th St SW Akron, OH 44314

Kenmore Neighborhood

Estimated Value: $96,000 - $107,000

4 Beds
2 Baths
1,536 Sq Ft
$66/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $77,000 $50 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $683/month

32 Days on Market

Highlights

  • 0.26 Acre Lot
  • Forced Air Heating System
  • Laundry Facilities
  • 2 Car Attached Garage

About This Home

As of January 2023

Must Sell...Solid investment property here with some solid rental history. Upstairs unit has been there about 6 years.. Upstairs rent is at $675. Photos are from last years listing pictures. Downstairs unit just moved out and the first pictures are of that unit. It is a spacious 2 bedroom. Updated mechanicals and plenty of separate parking. Garage is divided into 2 separate spaces to avoid potential conflict. New electric panel box for the lower unit, along with the line that goes into the house was installed last year. Additionally, substantial plumbing repairs were made as well. Receipts can be provided. Minimum of 24 hour notice required for showings.

Last Agent to Sell the Property

Mary Markulis

The Agency Cleveland Northcoast License #2003017990 Listed on: 10/18/2022

The Agency Cleveland Northcoast

Last Buyer's Agent

Amanda Shafer

RE/MAX Trends Realty License #2019000744

RE/MAX Trends Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 1933

Lot Details

  • 0.26 Acre Lot
  • Unpaved Streets

Parking

  • 2 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property
  • Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6700556

Community Details

Overview

  • 2 Units
  • Ken Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,645

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 50.13
  • Estimated Price per Sq Ft: 50.13
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1536
  • Year Built: 1933
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1933

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Common, Unfinished
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 1536.00
  • Sq Ft Approx Total Finished: 1536.00

Exterior Features

  • Exterior: Brick
  • Roof: Flat

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Attached, Electric
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Ken

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.2600
  • Parcel Number: 6700556

Rental Info

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

Multi Family

  • Unit Count: 2
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Beule Nick and Beule Nicholas J
Bought by
Nail Board Ii Inc
Current Estimated Value
$101,427

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 21, 2022
Sold by
Tacomaster 151 Llc
Bought by
Beule Nick
Seller's Agent
Mary Markulis
The Agency Cleveland Northcoast
Buyer's Agent
Amanda Shafer
RE/MAX Trends Realty
List Price
$89,000
Sold Price
$77,000
Premium/Discount to List
-$12,000
-13.48%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 26, 2021
Sold by
Opal Lane Properties Llc
Bought by
Taco Master 151 Llc
Seller's Agent
Mary Markulis
The Agency Cleveland Northcoast
Buyer's Agent
Mary Markulis
The Agency Cleveland Northcoast
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.73%
Original Mortgage
$64,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2020
Sold by
Solomon Jeffrey L and Solomon Ruth O
Bought by
Opal-Lane Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2020
Sold by
Opal-Lane Properties Llc
Bought by
Solomon Ruth and Solomon Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 24, 2020
Sold by
Opal-Lane Properties Llc
Bought by
Solomon Ruth and Solomon Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2015
Sold by
Solomon Jeffrey L and Solomon Ruth O
Bought by
Opal Ln Properties Llc

Purchase Details

Closed on
Jun 24, 2013
Sold by
Opal Lane Properties Llc
Bought by
Soloman Jefrey L and Soloman Ruth O
Source: Public Records

Range of Values:

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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
Nail Board Ii Inc -- None Listed On Document
Nail Board Ii Inc -- None Listed On Document
Beule Nick $77,000 None Listed On Document
Taco Master 151 Llc $80,000 Chicago Title
Opal-Lane Properties Llc -- Solomon Ruth
Solomon Ruth -- Chicago Title
Solomon Ruth -- Chicago Title
Opal Ln Properties Llc -- None Available
Soloman Jefrey L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taco Master 151 Llc $64,000
Previous Owner Solomon Ruth $34,800
Previous Owner Solomon Ruth $34,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2023 01/18/23 Sold $77,000 -3.6% $50 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/16/2022 11/16/22 Price Changed $79,900 -6.0% $52 / Sq Ft
11/08/2022 11/08/22 Price Changed $85,000 -4.5% $55 / Sq Ft
10/18/2022 10/18/22 For Sale $89,000 +11.3% $58 / Sq Ft
08/31/2021 08/31/21 Sold $80,000 +0.1% $52 / Sq Ft View Prior Sale
06/25/2021 06/25/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $79,900 -- $52 / 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 $1,730 $24,255 $7,077 $17,178
2024 $1,685 $24,255 $7,077 $17,178
2023 $1,730 $24,255 $7,077 $17,178
2022 $1,665 $21,189 $6,209 $14,980
2021 $1,666 $21,189 $6,209 $14,980
2020 $1,645 $21,190 $6,210 $14,980
2019 $2,241 $26,100 $7,240 $18,860
2018 $2,216 $26,100 $7,240 $18,860
2017 $2,245 $26,100 $7,240 $18,860
2016 $2,247 $26,760 $7,240 $19,520
2015 $2,245 $26,760 $7,240 $19,520
2014 $2,229 $26,760 $7,240 $19,520
2013 $2,437 $26,760 $7,240 $19,520
Source: Public Records

Agents Affiliated with this Home

  • Mary Markulis

    Seller's Agent in 2023

    Mary Markulis

    The Agency Cleveland Northcoast

    (330) 618-2118

    3 in this area

    195 Total Sales

    Mary Markulis
    Section Image
  • Amanda Shafer

    Buyer's Agent in 2023

    Amanda Shafer

    RE/MAX

    (330) 324-7454

    5 in this area

    215 Total Sales

    Amanda Shafer
    Section Image
  • Laura Baum

    Buyer Co-Listing Agent in 2023

    Laura Baum

    RE/MAX

    (330) 312-7300

    3 in this area

    59 Total Sales

    Laura Baum
    Section Image
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Map

Source: MLS Now

MLS Number: 4416794

MLS Now

APN: 67-00556

Ohio Summit County Akron 44314 Kenmore

2408 7th St SW, Akron, OH

This home is located at 2408 7th St SW, Akron, OH 44314 since 18 October 2022 and is currently estimated at $101,427, approximately $66 per square foot. This property was built in 1933. 2408 7th St SW is a home located in Summit County with nearby schools including Sam Salem Community Learning Center.

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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