NOT LISTED FOR SALE

2420 E Market St Akron, OH 44312

Ellet Neighborhood

Estimated Value: $185,000 - $193,000

5 Beds
3 Baths
2,750 Sq Ft
$69/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $70,000 $25 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,368/month

148 Days on Market

About This Home

As of March 2016

Good opportunity here on an investment property! 3 units w/good rental income! 2 units offer kitchen w/eating area, dining room, living room, 2 bedrooms and 1 full bath. 3rd unit is kitchen w/eating area, dining room, bedroom, living room and 1 full bath. Each unit has it’s own entrance/access. There is a full basement accessible to all residents with washer and dryer and possible additional storage for residents. There are 3 furnaces and central air, 3 hotwater tanks. There is a detached 3 car garage offering each unit 1 bay and additional parking area. With a little sprucing up, this will make a great investment!

Last Agent to Sell the Property

Karen Donovan

Mosholder Realty Inc. License #423933 Listed on: 09/16/2015

Last Buyer's Agent

Caryl Haynes

Deleted Agent License #2012000034

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • Unpaved Streets

Parking

  • 3 Car Detached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,750 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 6847569

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Year Built Exception: Actual YBT
  • Num Of Stories: 3.00
  • Year Built: 1931
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1931

Interior Features

  • Appliances Equipment: Range, Refrigerator, Smoke Detector
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Detail: Full
  • Living Area Sq Ft: 2750
  • Estimated Total Living Area: 2750

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved
  • Garage Features: Detached
  • Garage Num Of Cars: 3

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6847569

Rental Info

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

Multi Family

  • Unit Count: 3
  • Num Of Buildings: 1
  • Number of Units: 3

Tax Info

  • Tax: 3405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2011
Sold by
Howard John S
Bought by
Howard Kristi K
Current Estimated Value
$189,667

Purchase Details

Closed on
Aug 18, 2010
Sold by
Fannie Mae
Bought by
Howard John S

Purchase Details

Closed on
Jun 18, 2010
Sold by
Young Kenneth W
Bought by
Fanniemae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 21, 2006
Sold by
Fogarty James G
Bought by
Young Kenneth W and Young Nancy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
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
Howard Kristi K -- Attorney
Howard John S $46,000 Ohio Title Corporation
Fanniemae $96,000 Attorney
Young Kenneth W $90,000 Suntrust Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Kenneth W $101,250
Previous Owner Young Kenneth W $20,250
Previous Owner Young Kenneth W $76,500
Previous Owner Fogarty James G $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $70,000 -29.6% $25 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
09/16/2015 09/16/15 For Sale $99,500 -- $36 / 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 $4,018 $73,294 $12,884 $60,410
2024 $4,018 $73,294 $12,884 $60,410
2023 $4,018 $73,294 $12,884 $60,410
2022 $3,360 $47,779 $8,313 $39,466
2021 $3,363 $47,779 $8,313 $39,466
2020 $3,314 $47,780 $8,310 $39,470
2019 $3,312 $43,380 $7,480 $35,900
2018 $3,269 $43,380 $7,480 $35,900
2017 $3,425 $43,380 $7,480 $35,900
2016 $3,324 $43,380 $7,480 $35,900
2015 $3,425 $43,380 $7,480 $35,900
2014 $3,295 $43,380 $7,480 $35,900
2013 $3,479 $44,960 $7,480 $37,480
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Karen Donovan

    Mosholder Realty Inc.

    6 in this area

    62 Total Sales

    Karen Donovan
    Section Image

  • C

    Buyer's Agent in 2016

    Caryl Haynes

    Deleted Agent

    Section Image
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Map

Source: MLS Now

MLS Number: 3748648

MLS Now

APN: 68-47569

Ohio Summit County Akron 44312 Ellet

2420 E Market St, Akron, OH

This home is located at 2420 E Market St, Akron, OH 44312 since 16 September 2015 and is currently estimated at $189,667, approximately $68 per square foot. This property was built in 1931. 2420 E Market St 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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