NOT LISTED FOR SALE

Estimated Value: $15,492 - $177,000

5 Beds
3 Baths
2,122 Sq Ft
$48/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $9,000 $4 Per Sq Ft

Est. 1,024% increase in value since last sale

Current estimated payment $614/month

8 Days on Market

About This Home

As of June 2017

Spacious Three Level Tri-Plex with Large .220 Acre Parcel, Front Porch for Main, Balcony for Second Floor, and Rear Porch for Upper Unit. ! This is a Great Investment Opportunity! Perfect time for a Summer Project. Interior has been gutted, ready for restoration and finish work. This is an upcoming Area with all New Housing Development just down the street! Location is convenient to Metro Bus Lines, Freeways, Downtown, Minutes to the University of Akron. Dont miss this opportunity to jump into the investment business, this has great potential for supplemental rental income. Send Offers! this is a Very Motivated Seller! Property is to be Sold AS-IS, Seller has no reports or disclosures. Buyer and Agent are responsible for due diligence in researching all information, taxes,assessments, and approved end use from local authority. Agents see broker remarks for Offer Instructions and Requirements.

Last Agent to Sell the Property

Cynthia Simpson

Deleted Agent License #2008000122 Listed on: 05/24/2017

Last Buyer's Agent

Richard Burroughs

H & R Burroughs Realty, Inc. License #262324

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 9,588 Sq Ft Lot
  • Unpaved Streets

Home Design

  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,122 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • City Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6742663

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • Price Per Square Foot: 4.24
  • Estimated Price per Sq Ft: 4.24
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2122
  • Year Built: 1909
  • Geocode Confidence: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1909

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Sq Ft Approx Above Grade Finished: 2122.00
  • Sq Ft Approx Total Finished: 2122.00

Exterior Features

  • Exterior: Vinyl
  • 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: Sv

Schools

  • School District: Akron CSD

Lot Info

  • Lot Description: City Lot
  • Lot Size Units: Acres
  • Acres: 0.2201
  • Parcel Number: 6742663

Multi Family

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

Tax Info

  • Tax: 844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Jun 16, 2017
Sold by
Summit Servicing Agency Llc
Bought by
First Priority Management Llc
Seller's Agent
Cynthia Simpson
Deleted Agent
Buyer's Agent
Richard Burroughs
H & R Burroughs Realty, Inc.
List Price
$8,000
Sold Price
$9,000
Premium/Discount to List
$1,000
12.5%
Current Estimated Value
$101,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,123
Avg. Annual Appreciation
32.70%

Purchase Details

Closed on
Dec 29, 2005
Sold by
Cathey Hattie M and Halloway Catherine
Bought by
Herro George M and Herro Joumana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,850
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac
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
First Priority Management Llc $9,000 American Certified Title
Herro George M -- Land America-Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herro George M $29,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2017 06/20/17 Sold $9,000 +12.5% $4 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $8,000 -- $4 / 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 $1,029 $17,416 $5,446 $11,970
2023 $1,951 $17,416 $5,446 $11,970
2022 $798 $10,245 $3,203 $7,042
2021 $799 $10,245 $3,203 $7,042
2020 $788 $10,240 $3,200 $7,040
2019 $955 $11,600 $8,320 $3,280
2018 $944 $11,600 $8,320 $3,280
2017 $1,421 $11,600 $8,320 $3,280
2016 $2,887 $11,600 $8,320 $3,280
2015 $1,421 $11,600 $8,320 $3,280
2014 $1,673 $11,600 $8,320 $3,280
2013 $1,165 $11,600 $8,320 $3,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 3907535

MLS Now

APN: 67-42663