NOT LISTED FOR SALE

Estimated Value: $97,000 - $241,000

4 Beds
2 Baths
2,288 Sq Ft
$65/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $71,000 $31 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $908/month

9 Days on Market

About This Home

As of April 2021

SEE ATTACHED SUMMARY. 6 units to be sold together. See MLS # 4256967 (2 unit and 4 unit). These units share a private concrete parking lot that is off the road. THESE UNITS CAN PRODUCE CASH FLOW. All 6 units are metered separately for electric and gas. The current owner has owned these units for 20 years. They need some upgrading but are extremely solid overall. Owner will sell for the right price, or keep them.

Owner paid Utilities: Water / sewer, trash. Resident paid utilities: Electric, gas, cable, internet

Rental Income

Monthly Rental Income 2 unit duplex
Unit 1: $525 (7-year resident. Market rent $650)
Unit 2: $525 (9-year resident. Market rent $625)
$1,050.00 Total rent for 2 unit

Monthly rental income 4 unit
Unit 1: $325 (12-year resident, market rent is $475)
Unit 2: $465 (1 year resident, prior resident was 24 years)
Unit 3: Vacant (market rent is $450)
Unit 4: $245 (30+ year resident, did landscaping for reduced rent, $450 is market rent)
$1,485 total rent 4 unit. (when unit 3 is rented)

$2,535.00 Total monthly rents for all 6 units (market value would be $3,000 - $3,150)

$192 Avg monthly total water / sewer
$102 Avg monthly dumpster

$1693 annual 2 unit taxes paid 2020
$562 annual 2 unit insurance

$1831 annual 4 unit taxes paid 2020
$734 annual 4 unit insurance

Last Agent to Sell the Property

David Lewis

Deleted Agent License #2016002741 Listed on: 03/02/2021

Last Buyer's Agent

Eric Wachtel

Howard Hanna License #2002009323

Howard Hanna

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1920

Lot Details

  • 3,358 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Bures Community

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6841778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,693

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 31.03
  • Estimated Price per Sq Ft: 31.03
  • Year Built Exception: Not Verifiable
  • Num Of Stories: 2.00
  • Total Sq Ft: 2288
  • Year Built: 1920
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 2288.00
  • Sq Ft Approx Total Finished: 2288.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Bures

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.0771
  • Parcel Number: 6841778

Rental Info

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

Multi Family

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

Tax Info

  • Tax: 1693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 16, 2021
Sold by
Lehrer Gregory A
Bought by
Dotted Dog Properties Llc
Seller's Agent
David Lewis
Deleted Agent
Buyer's Agent
Eric Wachtel
Howard Hanna
List Price
$68,700
Sold Price
$71,000
Premium/Discount to List
$2,300
3.35%
Current Estimated Value
$148,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,333
Avg. Annual Appreciation
16.55%
Original Mortgage
$126,000
Outstanding Balance
$113,763
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$34,570

Purchase Details

Closed on
Mar 16, 2015
Sold by
Lehrer Nicole M
Bought by
Lehrer Gregory A

Purchase Details

Closed on
Apr 20, 2007
Sold by
Lehrer Greg and Lehrer Nicole M
Bought by
Lehrer Greg A and Lehrer Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
6.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 2, 2001
Sold by
Wilmar Properties Ltd
Bought by
Lehrer Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,450
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1999
Sold by
Zedak James D
Bought by
Wilmar 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
$92,000
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dotted Dog Properties Llc $161,000 American Title
Lehrer Gregory A -- American
Lehrer Greg A -- Akron Title
Lehrer Greg $74,950 Title First Agency Inc
Wilmar Properties Ltd $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotted Dog Properties Llc $126,000
Previous Owner Lehrer Greg A $80,500
Previous Owner Lehrer Greg $67,450
Previous Owner Wilmar Properties Ltd $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $71,000 +3.3% $31 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $68,700 -- $30 / Sq Ft
Source: MLS Now

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 $1,453 $27,640 $4,529 $23,111
2024 $1,453 $27,640 $4,529 $23,111
2023 $1,453 $27,640 $4,529 $23,111
2022 $1,086 $16,258 $2,664 $13,594
2021 $1,070 $15,992 $2,664 $13,328
2020 $1,154 $15,990 $2,660 $13,330
2019 $1,693 $21,970 $3,980 $17,990
2018 $1,672 $21,970 $3,980 $17,990
2017 $1,648 $21,970 $3,980 $17,990
2016 $1,649 $21,970 $3,980 $17,990
2015 $1,648 $21,970 $3,980 $17,990
2014 $1,635 $21,970 $3,980 $17,990
2013 $1,680 $23,090 $3,980 $19,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4259078

MLS Now

APN: 68-41778