NOT LISTED FOR SALE

281 Cluster Ave Akron, OH 44305

Goodyear Heights Neighborhood

Estimated Value: $154,268 - $191,000

4 Beds
2 Baths
3,024 Sq Ft
$58/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $68,000 $22 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $1,117/month

12 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2020

Great condition with 60's era charm. Single floor living. Fully occupied. 2 beds one bath per unit. Original hardwood floors throughout. Each unit has a full kitchen and living room area. Full separated basements could be additional living space with laundry area. Fantastic income property. Newer roof and gutter guards. Furnaces only a few years old. 1 water heater new, other is a couple years old. Easy to rent.

Last Agent to Sell the Property

Steve Pannell

Key Realty License #2017003652 Listed on: 07/03/2020

Key Realty

Last Buyer's Agent

John Cavileer

Real of Ohio License #2019007087

Real of Ohio

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,050 Sq Ft Lot
  • Corner Lot
  • Unpaved Streets

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1-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
  • Goodview Park Community

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6705237

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 44.97
  • Estimated Price per Sq Ft: 44.97
  • Year Built Exception: Actual YBT
  • Num Of Stories: 1.00
  • Total Sq Ft: 1512
  • Year Built: 1963
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Detail: Full
  • Sq Ft Approx Above Grade Finished: 1512.00
  • Sq Ft Approx Below Grade Finished: 1512.00
  • Sq Ft Approx Total Finished: 3024.00

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Unpaved

Utilities

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

Condo/Co-op/Association

  • Subdivision Complex: Goodview Park

Fee Information

  • Op Expenses: 4200.00

Schools

  • School District: Akron CSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Acres: 0.1389
  • Parcel Number: 6705237

Rental Info

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

Multi Family

  • Unit Count: 2
  • Gross Income: 13200.00
  • Net Income: 9000.00
  • Num Of Buildings: 1
  • Number of Units: 2
  • Percent Units Occupied: 100

Tax Info

  • Tax: 2372

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Martinez Daniel
Bought by
Privileged Properties Llc
Current Estimated Value
$175,317

Purchase Details

Closed on
Jun 28, 2023
Sold by
Bektic Izet
Bought by
Martinez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 3, 2020
Sold by
Pannell Steven J
Bought by
Bektic Izet
Seller's Agent
Steve Pannell
Key Realty
Buyer's Agent
John Cavileer
Real of Ohio
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.87%

Purchase Details

Listed on
Mar 18, 2017
Closed on
May 17, 2017
Sold by
Toth Carlyn M
Bought by
Pannell Steven J
Seller's Agent
Janis Brenneman
Deleted Agent
Buyer's Agent
Robert Lagasse
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$61,900
Sold Price
$58,500
Premium/Discount to List
-$3,400
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$43,875
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Franks Carl T and Franks Ida M
Bought by
Franke Carl T and Franke Ida M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Privileged Properties Llc -- None Listed On Document
Bektic Izet $68,000 Chicago Title
Pannell Steven J $58,500 None Available
Franke Carl T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pannell Steven J $43,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $68,000 -2.7% $22 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $69,900 -6.7% $23 / Sq Ft
07/03/2020 07/03/20 For Sale $74,900 +28.0% $25 / Sq Ft
05/22/2017 05/22/17 Sold $58,500 -5.5% $39 / Sq Ft View Prior Sale
03/31/2017 03/31/17 Pending -- -- --
03/18/2017 03/18/17 For Sale $61,900 -- $41 / 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
2024 $2,467 $41,763 $6,696 $35,067
2023 $2,467 $40,321 $6,696 $33,625
2022 $2,658 $30,545 $5,072 $25,473
2021 $2,561 $30,545 $5,072 $25,473
2020 $2,529 $30,540 $5,070 $25,470
2019 $2,372 $26,130 $4,520 $21,610
2018 $2,347 $26,130 $4,520 $21,610
2017 $2,378 $26,130 $4,520 $21,610
2016 $2,379 $26,130 $4,520 $21,610
2015 $2,378 $26,130 $4,520 $21,610
2014 $2,485 $26,130 $4,520 $21,610
2013 $2,566 $29,580 $4,520 $25,060
Source: Public Records

Agents Affiliated with this Home

  • Steve Pannell

    Seller's Agent in 2020

    Steve Pannell

    Key Realty

    (330) 319-4744

    1 in this area

    50 Total Sales

    Steve Pannell
    Section Image

  • J

    Buyer's Agent in 2020

    John Cavileer

    Real of Ohio

    (330) 760-1576

    2 in this area

    39 Total Sales

    John Cavileer
    Section Image

  • J

    Seller's Agent in 2017

    Janis Brenneman

    Deleted Agent

    Section Image
  • Robert Lagasse

    Buyer's Agent in 2017

    Robert Lagasse

    Berkshire Hathaway HomeServices Stouffer Realty

    (330) 835-8990

    1 in this area

    27 Total Sales

    Robert Lagasse
    Section Image
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Map

Source: MLS Now

MLS Number: 4202553

MLS Now

APN: 67-05237

Ohio Summit County Akron 44305 Goodyear Heights

281 Cluster Ave, Akron, OH

Not Listed for Sale

MultiFamily

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