D
Seller's Agent in 2022
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
(330) 310-2661
8 in this area
63 Total Sales
316 Noah Ave Akron, OH 44320
West Akron NeighborhoodEstimated Value: $55,000 - $97,000
5
Beds
1.5
Baths
1,208
Sq Ft
$64/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Porch
- Forced Air Heating and Cooling System
About This Home
As of February 2022AMAZING INVESTMENT OPPORTUNITY!!! This property is part of a portfolio of seven Rooming Houses that net over $100,000 profit EACH Year!! This portfolio of Investment Properties boasts a shocking Cap Rate of over 30%...This IS NOT a misprint! Each of these Rooming Houses has between 5-8 separate bedrooms that rent for $440 per month EACH....AND the entire portfolio averages 85% occupancy!!! Seller is looking to sell the entire Seven House Portfolio for $329,000 but is open to selling these properties individually as well. (See Broker Remarks for list of the other properties) ALL the work is already done...houses have been divided into separate rental rooms with universal access to Kitchen, Bathroom, and Basement Laundry for the tenants.,,,AND with each room renting at $440 a month and 5-8 rooms per property..do the math on what these Single Family Cash Cows bring in per month!! Don't miss your chance at this unique Investment Opportunity...These do not come around very often!!!
This individual property has 5 Rental Rooms, All five are currently rented at time of listing. Individual Cap Rate for this property is 26%.
Last Agent to Sell the Property
Century 21 Carolyn Riley RL. Est. Srvcs, Inc. License #2014001201 Listed on: 09/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $924
Year Built
- Built in 1924
Lot Details
- 5,201
Home Design
- Colonial Architecture
- Asphalt Roof
Interior Spaces
- 1,208 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Porch
- 5,201 Sq Ft Lot
Community Details
- Storer Community
Listing and Financial Details
- Assessor Parcel Number 6759296
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2021
Closed on
Feb 9, 2022
Sold by
Samarye Enterprises Inc
Bought by
Rodriguez Rowell and Rodriguez Erlinda
Seller's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Rudolph
Howard Hanna
List Price
$47,000
Sold Price
$40,800
Premium/Discount to List
-$6,200
-13.19%
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
$36,197
Avg. Annual Appreciation
19.93%
Original Mortgage
$30,600
Outstanding Balance
$28,686
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$49,513
Purchase Details
Listed on
Sep 25, 2021
Closed on
Feb 7, 2022
Sold by
Samarye Enterprises Inc
Bought by
Rodriguez Rowell and Rodriguez Erlinda
Seller's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Rudolph
Howard Hanna
List Price
$47,000
Sold Price
$40,800
Premium/Discount to List
-$6,200
-13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,600
Outstanding Balance
$28,686
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$49,513
Purchase Details
Closed on
Mar 26, 2021
Sold by
Sneed Farica
Bought by
Smarye Enterprises Inc
Purchase Details
Closed on
Dec 7, 2017
Sold by
Samarye Enterprises Inc
Bought by
Sneed Farica
Purchase Details
Listed on
May 10, 2016
Closed on
Aug 11, 2016
Sold by
Lakeside Reo Ventures Llc
Bought by
Samarye Enterprises Inc
Seller's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Buyer's Agent
David Callander
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
List Price
$14,900
Sold Price
$7,200
Premium/Discount to List
-$7,700
-51.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.12%
Purchase Details
Closed on
May 11, 2016
Sold by
Wood Ranch Partners Inc
Bought by
Lakeside Reo Ventures Llc
Purchase Details
Closed on
Feb 3, 2011
Sold by
Fannie Mae
Bought by
Wood Ranch Partners Inc
Purchase Details
Closed on
Sep 15, 2010
Sold by
Jackson Shaunte C
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 28, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Jackson Shaunte C and Lockhart Clinton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 13, 2006
Sold by
Boone James
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Tr 2005-2
Purchase Details
Closed on
Feb 16, 2005
Sold by
Jjc Investors Inc
Bought by
Boone James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jjc Investors Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 19, 2004
Sold by
Washington Mutual Bank Fa
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
May 4, 2004
Sold by
Jones Stephen W
Bought by
Washington Mutual Bank Fa and Washington Mutual Home Loans Inc
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 |
|---|---|---|---|
| Rodriguez Rowell | $40,800 | Freeburg & Freeburg Llc | |
| Rodriguez Rowell | $40,800 | Freeburg & Freeburg Llc | |
| Smarye Enterprises Inc | -- | None Available | |
| Sneed Farica | -- | None Available | |
| Samarye Enterprises Inc | $7,200 | None Available | |
| Lakeside Reo Ventures Llc | -- | None Available | |
| Wood Ranch Partners Inc | $15,000 | Allodial Title | |
| Federal National Mortgage Association | $66,200 | None Available | |
| Jackson Shaunte C | $18,000 | Accutitle Agency Inc | |
| Deutsche Bank National Trust Co | $36,000 | None Available | |
| Boone James | $76,000 | Bankers Title | |
| Jjc Investors Inc | -- | -- | |
| Federal Home Loan Mortgage Corporation | -- | -- | |
| Washington Mutual Bank Fa | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez Rowell | $30,600 | |
| Closed | Rodriguez Rowell | $30,600 | |
| Previous Owner | Jackson Shaunte C | $64,380 | |
| Previous Owner | Jackson Shaunte C | $28,000 | |
| Previous Owner | Boone James | $68,400 | |
| Previous Owner | Jjc Investors Inc | $40,000 | |
| Previous Owner | Jones Stephen W | $17,500 | |
| Closed | Boone James | $3,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2022 02/07/22 | Sold | $40,800 | -13.2% | $34 / Sq Ft |
| 12/25/2021 12/25/21 | For Sale | $47,000 | +15.2% | $39 / Sq Ft |
| 12/25/2021 12/25/21 | Off Market | $40,800 | -- | -- |
| 12/14/2021 12/14/21 | Pending | -- | -- | -- |
| 12/14/2021 12/14/21 | Off Market | $40,800 | -- | -- |
| 12/01/2021 12/01/21 | Pending | -- | -- | -- |
| 11/02/2021 11/02/21 | For Sale | $47,000 | 0.0% | $39 / Sq Ft |
| 10/22/2021 10/22/21 | Pending | -- | -- | -- |
| 09/25/2021 09/25/21 | For Sale | $47,000 | +552.8% | $39 / Sq Ft |
| 08/17/2016 08/17/16 | Sold | $7,200 | -51.7% | $6 / Sq Ft |
| 07/26/2016 07/26/16 | Pending | -- | -- | -- |
| 05/10/2016 05/10/16 | For Sale | $14,900 | -- | $12 / 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 | $1,251 | $18,964 | $4,981 | $13,983 |
| 2024 | $1,251 | $18,964 | $4,981 | $13,983 |
| 2023 | $1,251 | $18,964 | $4,981 | $13,983 |
| 2022 | $1,001 | $11,155 | $2,930 | $8,225 |
| 2021 | $992 | $11,012 | $2,930 | $8,082 |
| 2020 | $924 | $11,010 | $2,930 | $8,080 |
| 2019 | $926 | $10,020 | $4,880 | $5,140 |
| 2018 | $916 | $10,020 | $4,880 | $5,140 |
| 2017 | $38,016 | $10,020 | $4,880 | $5,140 |
| 2016 | $1,935 | $10,700 | $4,880 | $5,820 |
| 2015 | $38,016 | $10,700 | $4,880 | $5,820 |
| 2014 | $1,370 | $10,700 | $4,880 | $5,820 |
| 2013 | $985 | $11,130 | $4,880 | $6,250 |
Source: Public Records
Agents Affiliated with this Home
-
David Callander
-
David Rudolph
Buyer's Agent in 2022
David Rudolph
Howard Hanna
(330) 714-0066
3 in this area
193 Total Sales
-
Patrick Riley
Seller Co-Listing Agent in 2016
Patrick Riley
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
(330) 697-5411
10 in this area
251 Total Sales
Map
Source: MLS Now
MLS Number: 4320012
APN: 67-59296
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