T
Seller's Agent in 2022
Timothy Lombardi
Deleted Agent
286 Cross St Unit 288 Akron, OH 44311
Downtown Akron NeighborhoodEstimated Value: $201,000 - $348,374
8
Beds
4
Baths
3,024
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Health Club
- City View
- Forced Air Heating and Cooling System
- Medical Services
- Home Security System
- 3-minute walk to Boss Park
About This Home
As of June 2022All Investors! Fully leased with UA students through July 31, 2023! Gross Rents $3600/m thru August 1, 2022, and then $3640/m thru July 31, 2023) Due to proximity to Summa, Children's Hosp, UA, Stark State and Downtown Akron, as well as the major airports, you have many options as a rental demographic! This property has two beautiful apartments with 8 spaces of off-street parking. Built new in 2007, the Duplex was built as a student rental with all the desirable amenities. Both units are set up the same with forced air heating, Central AC, 4 bedrooms, 2 baths, laundry with washer/dryer and kitchen with range, refrigerator, dishwasher, and garbage disposal. All appliances stay. There are hard-wired smoke detectors in each bedroom and floor, as well as plug-in CO detectors in each bedroom. There is a local SimpliSafe intrusion alarm system in 288. 286 has an ATT system installed by a past tenant that is currently not operative. There is also a video doorbell installed on the front door of 288 that can be activated by subscription by the tenants. There is security lighting in the parking lot. This is among the nicest student rentals you will find around campus! Roo Express bus stop is right across the street and walking distance to Campus and all Akron has to offer! In addition, there is a student rental with 4br, 2baths to check out at MLS#4366306 to increase your Investment Rental Portfolio and income by a third!
Last Agent to Sell the Property
Timothy Lombardi
Deleted Agent License #2010000464 Listed on: 05/09/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,060
Year Built
- Built in 2007
Lot Details
- 7,392 Sq Ft Lot
- East Facing Home
- Unpaved Streets
Home Design
- Asphalt Roof
- Vinyl Construction Material
Interior Spaces
- 3,024 Sq Ft Home
- 2-Story Property
- City Views
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Location
- City Lot
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- The owner pays for electric, gas, heating, sewer, trash collection, water
- Assessor Parcel Number 6735817
Community Details
Overview
- 2 Units
- Voris & Steinbacher Community
Amenities
- Medical Services
Recreation
- Health Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2022
Closed on
Jun 23, 2022
Sold by
Lombardi and Janice
Bought by
Gonzalez Rafael and Ledezma Annette
Seller's Agent
Timothy Lombardi
Deleted Agent
Buyer's Agent
Dustin Purtan
EXP Realty, LLC.
List Price
$289,900
Sold Price
$305,000
Premium/Discount to List
$15,100
5.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,159
Avg. Annual Appreciation
-3.13%
Original Mortgage
$228,750
Outstanding Balance
$219,537
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$56,486
Purchase Details
Listed on
May 9, 2022
Closed on
Jun 22, 2022
Sold by
Lombardi and Janice
Bought by
Gonzalez Rafael and Ledezma Annette
Seller's Agent
Timothy Lombardi
Deleted Agent
Buyer's Agent
Dustin Purtan
EXP Realty, LLC.
List Price
$289,900
Sold Price
$305,000
Premium/Discount to List
$15,100
5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$219,537
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$56,486
Purchase Details
Closed on
Jul 21, 2017
Sold by
Donald K Ponk Ltd
Bought by
Lombardi Timothy and Lombardi Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2006
Sold by
Truman Roderick and Truman Barbara S
Bought by
Donald K Pond Ltd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 2, 2001
Sold by
Residential Rehab Group Inc
Bought by
Truman Roderick
Purchase Details
Closed on
Oct 23, 2000
Sold by
Winder Lee J
Bought by
Residential Rehab Group Inc
Purchase Details
Closed on
Oct 10, 2000
Sold by
Harris Trust & Svgs Bank
Bought by
Winder Lee J
Purchase Details
Closed on
Jul 6, 2000
Sold by
Anthony Starkey
Bought by
Harris Trust & Svgs Bank and Cityscape Home Equity Loan Trust 1996-3
Purchase Details
Closed on
May 24, 1996
Sold by
Messner Richard S
Bought by
Starkey Anthony and Starkey Robin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.1%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Rafael | $305,000 | Oldham Company Llc | |
| Gonzalez Rafael | $305,000 | Oldham Company Llc | |
| Lombardi Timothy | $161,500 | None Available | |
| Donald K Pond Ltd | $10,000 | Miller Examining Service Inc | |
| Truman Roderick | $60,000 | -- | |
| Residential Rehab Group Inc | $23,500 | -- | |
| Winder Lee J | $20,000 | -- | |
| Harris Trust & Svgs Bank | $29,000 | -- | |
| Starkey Anthony | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Rafael | $228,750 | |
| Closed | Gonzalez Rafael | $228,750 | |
| Previous Owner | Lombardi Timothy | $134,400 | |
| Previous Owner | Lombardi Timothy | $121,125 | |
| Previous Owner | Donald K Pond Ltd | $217,000 | |
| Previous Owner | Starkey Anthony | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2022 06/22/22 | Sold | $305,000 | +5.2% | $101 / Sq Ft |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- |
| 05/09/2022 05/09/22 | For Sale | $289,900 | -- | $96 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
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 | $3,700 | $67,897 | $8,197 | $59,700 |
| 2024 | $3,700 | $67,897 | $8,197 | $59,700 |
| 2023 | $3,700 | $67,897 | $8,197 | $59,700 |
| 2022 | $3,151 | $45,175 | $5,429 | $39,746 |
| 2021 | $3,060 | $43,758 | $5,429 | $38,329 |
| 2020 | $3,015 | $43,760 | $5,430 | $38,330 |
| 2019 | $3,309 | $43,820 | $5,430 | $38,390 |
| 2018 | $3,266 | $43,820 | $5,430 | $38,390 |
| 2017 | $2,842 | $43,820 | $5,430 | $38,390 |
| 2016 | $2,844 | $37,270 | $5,430 | $31,840 |
| 2015 | $2,842 | $37,270 | $5,430 | $31,840 |
| 2014 | $2,820 | $37,270 | $5,430 | $31,840 |
| 2013 | $3,162 | $42,920 | $5,430 | $37,490 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Dustin Purtan
EXP Realty, LLC.
(330) 620-5680
31 in this area
315 Total Sales
Map
Source: MLS Now
MLS Number: 4368884
APN: 67-35817
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