NOT LISTED FOR SALE

3003 Albrecht Ave Akron, OH 44312

Ellet Neighborhood

Estimated Value: $77,000 - $173,000

9 Beds
4 Baths
3,588 Sq Ft
$39/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $70,000 $20 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $870/month

63 Days on Market

About This Home

As of September 2023

Large multifamily opportunity awaits your finishing touches! Formerly a 4 unit, this property comes with blueprints to finish it as a duplex with 2 large units and they have already been approved by Springfield township. The prior developer completed most of the exterior work including installing a new metal roof, gutters, vinyl siding, and complete foundation repair. The interior has been gutted to the studs. Upon completion, this multifamily home will be an incredible investment property for the lucky buyer! The Seller is reasonably motivated.

Last Agent to Sell the Property

Scott Day

Deleted Agent License #2017004401 Listed on: 06/12/2023

Last Buyer's Agent

James O'Neil

Real of Ohio License #2013001063

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.53 Acre Lot
  • Unpaved Streets

Home Design

  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,588 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Heating System Uses Gas

Community Details

  • 2 Units
  • Ellet Acres Community

Listing and Financial Details

  • Assessor Parcel Number 5104873

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Two
  • Price Per Square Foot: 19.51
  • Estimated Price per Sq Ft: 19.51
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3588
  • Year Built: 1940
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Attribution Contact: scottday@howardhanna.com (330) 936-5624
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1940

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: 2
  • Sq Ft Approx Above Grade Finished: 3588.00
  • Sq Ft Approx Total Finished: 3588.00

Exterior Features

  • Exterior: Vinyl
  • Roof: Metal

Garage/Parking

  • Driveway: Unpaved

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Ellet Acres

Schools

  • School District: Springfield LSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.5308
  • Parcel Number: 5104873

Multi Family

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

Tax Info

  • Tax: 3431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Sep 5, 2023
Sold by
Reales Casas Llc
Bought by
Pqc & P Co
Seller's Agent
Scott Day
Deleted Agent
Buyer's Agent
James O'Neil
Real of Ohio
List Price
$109,900
Sold Price
$70,000
Premium/Discount to List
-$39,900
-36.31%
Views
815
Current Estimated Value
$139,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,667
Avg. Annual Appreciation
34.00%

Purchase Details

Listed on
Aug 28, 2021
Closed on
Feb 11, 2022
Sold by
Sherise Sherfield
Bought by
Reales Casas Llc
Seller's Agent
Mike Love
Great Move Realty
Buyer's Agent
Wendy Grable
Berkshire Hathaway HomeServices Stouffer Realty
List Price
$125,000
Sold Price
$65,000
Premium/Discount to List
-$60,000
-48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$34,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jul 30, 2020
Sold by
Jodi Hodson
Bought by
Sherfield Sherise
Seller's Agent
Jodi Hodson
Howard Hanna
Buyer's Agent
Mike Love
Great Move Realty
List Price
$52,850
Sold Price
$49,000
Premium/Discount to List
-$3,850
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.14%

Purchase Details

Closed on
May 9, 2016
Sold by
Smith Alisha N and Smith Alisha
Bought by
Towpath Credit Union

Purchase Details

Closed on
Aug 18, 2015
Sold by
Smith Alisha N and Smith Alisha
Bought by
Towpahth Credit Union

Purchase Details

Closed on
Nov 3, 2008
Sold by
Smith Alisha and Bell Paul L
Bought by
Smith Alisha

Purchase Details

Closed on
Aug 20, 2007
Sold by
Smith Alisha
Bought by
Smith Alisha and Bell Paul L

Purchase Details

Closed on
Dec 11, 2003
Sold by
Robinson Richard L and Robinson Judith R
Bought by
Smith Alisha and Smith Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
5.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 1998
Sold by
Robinson Richard L and Robinson Judith R
Bought by
Robinson Richard L and Robinson Judith R
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
Pqc & P Co $70,000 None Listed On Document
Reales Casas Llc $65,000 Michael Brittany
Reales Casas Llc $65,000 Michael Brittany
Sherfield Sherise $49,000 Diamond Title
Towpath Credit Union $34,000 None Available
Towpahth Credit Union -- None Available
Smith Alisha -- Accommodation
Smith Alisha $50,600 Approved Statewide Title
Smith Alisha $50,600 Approved Statewide Title
Smith Alisha $124,900 Miller Examining Service Inc
Robinson Richard L -- Approved Statewide Title Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reales Casas Llc $34,500
Previous Owner Reales Casas Llc $16,500
Previous Owner Smith Alisha $112,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2023 09/05/23 Sold $70,000 -12.5% $20 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $80,000 -11.0% $22 / Sq Ft
07/12/2023 07/12/23 Price Changed $89,900 -10.0% $25 / Sq Ft
06/20/2023 06/20/23 Price Changed $99,900 -9.1% $28 / Sq Ft
06/12/2023 06/12/23 For Sale $109,900 +69.1% $31 / Sq Ft
02/11/2022 02/11/22 Sold $65,000 -31.6% $18 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $95,000 -5.0% $26 / Sq Ft
09/22/2021 09/22/21 Price Changed $100,000 -20.0% $28 / Sq Ft
08/28/2021 08/28/21 For Sale $125,000 +155.1% $35 / Sq Ft
07/30/2020 07/30/20 Sold $49,000 -7.3% $14 / Sq Ft View Prior Sale
07/12/2020 07/12/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $52,850 -- $15 / Sq Ft
Source: MLS Now (Howard Hanna)

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 $4,606 $18,207 $18,207 $2,664
2023 $1,623 $20,871 $18,207 $2,664
2022 $1,623 $20,871 $18,207 $2,664
2021 $3,465 $44,902 $18,207 $26,695
2020 $3,785 $44,910 $18,210 $26,700
2019 $1,893 $46,710 $17,800 $28,910
2018 $3,677 $46,710 $17,800 $28,910
2017 $4,995 $46,710 $17,800 $28,910
2016 $4,995 $42,460 $16,180 $26,280
2015 $4,995 $42,460 $16,180 $26,280
2014 $3,388 $42,460 $16,180 $26,280
2013 $3,047 $36,100 $13,760 $22,340
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Scott Day

    Deleted Agent

    Section Image
  • James O'Neil

    Buyer's Agent in 2023

    James O'Neil

    Real of Ohio

    (330) 714-4720

    19 in this area

    605 Total Sales

    James O'Neil
    Section Image
  • Luke O'Neill

    Buyer Co-Listing Agent in 2023

    Luke O'Neill

    Real of Ohio

    (330) 414-2305

    14 in this area

    411 Total Sales

    Luke O'Neill
    Section Image
  • Mike Love

    Seller's Agent in 2022

    Mike Love

    Great Move Realty

    (330) 624-9605

    3 in this area

    161 Total Sales

    Mike Love
    Section Image
  • Wendy Grable

    Buyer's Agent in 2022

    Wendy Grable

    Berkshire Hathaway HomeServices Stouffer Realty

    (330) 488-4102

    4 in this area

    53 Total Sales

    Wendy Grable
    Section Image
  • Jodi Hodson

    Seller's Agent in 2020

    Jodi Hodson

    Howard Hanna

    (234) 205-8410

    16 in this area

    527 Total Sales

    Jodi Hodson
    Section Image
See All Agents

Map

Source: MLS Now (Howard Hanna)

MLS Number: 4466555

MLS Now (Howard Hanna)

APN: 51-04873

Ohio Summit County Akron 44312 Ellet

3003 Albrecht Ave, Akron, OH

Not Listed for Sale

MultiFamily

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.

MLS Now (Howard Hanna) 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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