NOT LISTED FOR SALE

261 Norma Ave Akron, OH 44320

West Akron Neighborhood

Estimated Value: $89,000 - $127,000

4 Beds
2 Baths
2,492 Sq Ft
$42/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $47,500 $19 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $681/month

54 Days on Market

About This Home

As of March 2021

Look no further, this duplex would make a great addition to your investment portfolio! Property has a newer 30-year shingle roof and vinyl siding.The upstairs unit rents for $600 per month, and is 2-beds, 1-bath. Downstairs is rented out at $635 per month, and is a 2-bed 1-bath unit. Tenants pay all utilities. Make an offer today!

Last Agent to Sell the Property

Bryan Garra

EXP Realty, LLC. License #2017001083 Listed on: 12/26/2020

EXP Realty, LLC.

Co-Listed By

Cameron Bindus

Deleted Agent License #2020007433

Last Buyer's Agent

Debbie Spencer

Keller Williams Chervenic Rlty License #2004015476

Keller Williams Chervenic Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $779

Year Built

  • Built in 1923

Lot Details

  • 7,579 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,492 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Not Available
  • Sewer Not Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for pays all
  • Assessor Parcel Number 6743915

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$779

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 19.06
  • Estimated Price per Sq Ft: 19.06
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2492
  • Year Built: 1923
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1923

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Sq Ft Approx Above Grade Finished: 2492.00
  • Sq Ft Approx Total Finished: 2492.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved
  • Garage Num Of Cars: 2

Utilities

  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: No Water, No Sewer

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1740
  • Parcel Number: 6743915

Rental Info

  • Tenant Pays: Pays All

Multi Family

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

Tax Info

  • Tax: 779

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Mar 11, 2021
Sold by
Tier One Maintenance Llc
Bought by
Cromwell Apartments Llc
Seller's Agent
Bryan Garra
EXP Realty, LLC.
Buyer's Agent
Debbie Spencer
Keller Williams Chervenic Rlty
List Price
$54,000
Sold Price
$47,500
Premium/Discount to List
-$6,500
-12.04%
Current Estimated Value
$105,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,849
Avg. Annual Appreciation
18.86%

Purchase Details

Closed on
Oct 15, 2020
Sold by
Tier One Construction Llc
Bought by
Tier One Maintenance Llc

Purchase Details

Closed on
Oct 6, 2020
Sold by
Tier One Construction Llc
Bought by
Tier One Maintenance Llc

Purchase Details

Listed on
Mar 5, 2018
Closed on
Apr 30, 2018
Sold by
Dak Enterprises Of Ohio Llc
Bought by
Tier One Conastruction Llc
Seller's Agent
Jeff Drillien
RE/MAX Crossroads Properties
Buyer's Agent
Bryan Garra
EXP Realty, LLC.
List Price
$32,900
Sold Price
$32,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.83%
Original Mortgage
$150,000
Interest Rate
4.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2016
Sold by
Dak Enterprieses Of Ohio Llc
Bought by
Dak Enterprises Of Ohio 6 Llc

Purchase Details

Closed on
Aug 23, 2010
Sold by
Sykes Alonzo B
Bought by
Dak Enterprises Of Ohio Llc

Purchase Details

Closed on
Jun 8, 2009
Sold by
Sykes Alonzo B and Sykes Alonzo
Bought by
Sykes Alonzo B and The Abs Family Trust

Purchase Details

Closed on
Apr 3, 2009
Sold by
Brown Rickey
Bought by
Sykes Alonzo

Purchase Details

Closed on
Sep 11, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Brown Rickey

Purchase Details

Closed on
Feb 27, 2008
Sold by
Brazile Thurman
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Mar 11, 1999
Sold by
Otis Ivery Henry
Bought by
Yurkschatt John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.17%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 5, 1999
Sold by
Yurkschatt John C
Bought by
Brazile Thurman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.17%
Mortgage Type
Balloon
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
Cromwell Apartments Llc $47,500 Fireland Title
Tier One Maintenance Llc -- Konstand Dean
Tier One Maintenance Llc -- None Listed On Document
Tier One Maintenance Llc -- An Title Ins Co
Tier One Conastruction Llc $32,900 Fireland Title
Dak Enterprises Of Ohio 6 Llc -- None Available
Dak Enterprises Of Ohio Llc $28,000 American Certified Title
Sykes Alonzo B -- Attorney
Sykes Alonzo $8,000 None Available
Brown Rickey $12,000 Accutitle Agency Inc
Deutsche Bank National Trust Co $56,000 None Available
Yurkschatt John C $40,000 Cathcor Title Agency Inc
Brazile Thurman $44,000 Cathcor Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tier One Conastruction Llc $150,000
Previous Owner Brazile Thurman $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2021 03/15/21 Sold $47,500 -12.0% $19 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $54,000 0.0% $22 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $54,000 0.0% $22 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $54,000 0.0% $22 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
12/26/2020 12/26/20 For Sale $54,000 +64.1% $22 / Sq Ft
04/30/2018 04/30/18 Sold $32,900 0.0% $13 / Sq Ft View Prior Sale
04/09/2018 04/09/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $32,900 -- $13 / 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 $1,485 $26,821 $6,703 $20,118
2024 $1,485 $26,821 $6,703 $20,118
2023 $1,485 $26,821 $6,703 $20,118
2022 $1,130 $15,779 $3,945 $11,834
2021 $1,112 $15,485 $3,945 $11,540
2020 $1,624 $15,490 $3,950 $11,540
2019 $779 $9,700 $5,890 $3,810
2018 $770 $9,700 $5,890 $3,810
2017 $781 $9,700 $5,890 $3,810
2016 $782 $9,700 $5,890 $3,810
2015 $781 $9,700 $5,890 $3,810
2014 $776 $9,700 $5,890 $3,810
2013 $768 $9,800 $5,890 $3,910
Source: Public Records

Agents Affiliated with this Home

  • Bryan Garra

    Seller's Agent in 2021

    Bryan Garra

    EXP Realty, LLC.

    (330) 347-8481

    26 in this area

    316 Total Sales

    Bryan Garra
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Cameron Bindus

    Deleted Agent

    Section Image
  • Debbie Spencer

    Buyer's Agent in 2021

    Debbie Spencer

    Keller Williams Chervenic Rlty

    (330) 256-5488

    3 in this area

    131 Total Sales

    Debbie Spencer
    Section Image
  • Jeff Drillien

    Seller's Agent in 2018

    Jeff Drillien

    RE/MAX Crossroads

    (330) 819-0070

    11 in this area

    35 Total Sales

    Jeff Drillien
    Section Image
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Map

Source: MLS Now

MLS Number: 4246660

MLS Now

APN: 67-43915

Ohio Summit County Akron 44320 West Akron

261 Norma Ave, Akron, OH

This home is located at 261 Norma Ave, Akron, OH 44320 since 26 December 2020 and is currently estimated at $105,349, approximately $42 per square foot. This property was built in 1923. 261 Norma Ave is a home located in Summit County with nearby schools including Summit Academy School, Our Lady Of The Elms Elementary School, and Julie Billiart School Akron.

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.

MLS Now IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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