$63,000
SOLD NOV 16, 2018

262 Cranz Place Akron, OH 44310

North Hill Neighborhood
5 Beds
2 Baths
1,685 Sq Ft
5,401 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

15% Below List Price

7 Days on Market

About This Home

As of November 2022

UPTOWN DUPLEX ON DEAD END STREET IN GOOD CONDITION! Fenced backyard, front porch, paved driveway and full basement. Both units are occupied and owner pays all utilities.

Last Agent to Sell the Property

Rick Knight

RE/MAX Crossroads Properties License #377947 Listed on: 09/26/2018

RE/MAX Crossroads Properties

Last Buyer's Agent

Rick Knight

RE/MAX Crossroads Properties License #377947 Listed on: 09/26/2018

RE/MAX Crossroads Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1916

Lot Details

  • 5,401 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,685 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable/electric link
  • The owner pays for electric, gas, sewer, trash collection, water
  • Assessor Parcel Number 6860352

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,212

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 37.39
  • Estimated Price per Sq Ft: 37.39
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 1685
  • Year Built: 1916
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1916

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1685.00
  • Sq Ft Approx Total Finished: 1685.00

Exterior Features

  • Exterior: Aluminum, Vinyl
  • Fences: Chain Link
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Fee Information

  • Op Expenses: 5300.00

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1240
  • Parcel Number: 6860352

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 15600.00
  • Net Income: 10300.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Nov 21, 2022
Sold by
North View Real Estate Llc
Bought by
Mcgee Michael
Seller's Agent
Beth Berkey
Keller Williams Legacy Group Realty
Buyer's Agent
Beth Berkey
Keller Williams Legacy Group Realty
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
12
Current Estimated Value
$86,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,699
Avg. Annual Appreciation
24.53%
Original Mortgage
$45,000
Outstanding Balance
$43,869
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$63,917

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 15, 2018
Sold by
Suveges David P and Suveges Paula
Bought by
North View Real Esatate Llc
Seller's Agent
Rick Knight
RE/MAX Crossroads Properties
Buyer's Agent
Rick Knight
RE/MAX Crossroads Properties
List Price
$74,500
Sold Price
$63,000
Premium/Discount to List
-$11,500
-15.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%
Original Mortgage
$47,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 5, 2018
Sold by
Chestnut Properties Ltd
Bought by
Suveges David P and Suveges Paula
Seller's Agent
Rick Knight
RE/MAX Crossroads Properties
Buyer's Agent
Rick Knight
RE/MAX Crossroads Properties
List Price
$74,500
Sold Price
$63,000
Premium/Discount to List
-$11,500
-15.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2003
Sold by
Suveges David P and Suveges Paula
Bought by
Chestnut Properties Ltd

Purchase Details

Closed on
May 28, 2003
Sold by
Chestnut Properties Ltd
Bought by
Suveges David P and Suveges Paula

Purchase Details

Closed on
Jul 24, 2001
Sold by
Suveges David P and Suveges Paula J
Bought by
Chestnut Properties Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.22%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Chestnut Properties Ltd
Bought by
Suveges David P and Suveges Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.22%

Purchase Details

Closed on
Apr 28, 2001
Sold by
Soulsby Sharon L and Vineyard Sharon L
Bought by
Chestnut Properties Ltd
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 --
Warranty Deed $63,000 Ohio Real Title
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- Reliable Title Services
Survivorship Deed -- Reliable Title Services
Warranty Deed $60,000 Midland Commerce Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $45,000 New Conventional
Previous Owner $47,250 Commercial
Previous Owner $63,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 For Rent $755 0.0% --
11/22/2022 11/22/22 Sold $60,000 -14.2% $36 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $69,900 -6.8% $41 / Sq Ft
09/22/2022 09/22/22 For Sale $75,000 +19.0% $45 / Sq Ft
11/16/2018 11/16/18 Sold $63,000 -15.4% $37 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $74,500 -- $44 / 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 $2,138 $24,252 $5,705 $18,547
2024 $1,453 $24,252 $5,705 $18,547
2023 $2,138 $24,252 $5,705 $18,547
2022 $1,113 $15,548 $3,658 $11,890
2021 $1,115 $15,548 $3,658 $11,890
2020 $1,099 $15,550 $3,660 $11,890
2019 $1,229 $15,930 $3,990 $11,940
2018 $1,214 $15,930 $3,990 $11,940
2017 $1,278 $15,930 $3,990 $11,940
2016 $1,279 $16,560 $3,990 $12,570
2015 $1,278 $16,560 $3,990 $12,570
2014 $1,269 $16,560 $3,990 $12,570
2013 $1,249 $16,640 $3,990 $12,650
Source: Public Records

Agents Affiliated with this Home

  • Beth Berkey

    Seller's Agent in 2022

    Beth Berkey

    Keller Williams Legacy Group Realty

    (330) 417-8676

    1 in this area

    118 Total Sales

    Beth Berkey
    Section Image
  • Rick Knight

    Seller's Agent in 2018

    Rick Knight

    RE/MAX Crossroads

    (330) 322-6869

    12 in this area

    121 Total Sales

    Rick Knight
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 4040928

MLS Now

APN: 68-60352

Ohio Summit County Akron 44310 North Hill

262 Cranz Place, Akron, OH

This home is located at 262 Cranz Place, Akron, OH 44310 and is currently priced at $63,000, approximately $37 per square foot. This property was built in 1916. 262 Cranz Place is a home located in Summit County with nearby schools including North High School, Edge Academy, The, and Akros Middle 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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